Sirnaomics Plans $300 Million Hong Kong IPO for RNAi Portfolio

On July 26, 2021 Sirnaomics, a Maryland-Suzhou RNAi therapeutics company, reported that it filed to raise $300 million in a Hong Kong IPO. Sirnaomics has two siRNA therapeutics that target TGF-β1 and COX-2 for either local or systemic administration to treat cancers and fibrotic diseases (Press release, Sirnaomics, JUL 26, 2021, View Source [SID1234585221]). Both are in Phase II trials in the US and China. The initial filing did not announce a financial goal for the offering, but data in the prospectus implied a $300 million target. Sirnaomics completed a $105 million Series E round earlier this month after raising the same amount in a Series D last year.

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EVERSANA expands North American reach, pens deal for Accelera Canada

On July 26, 2021 Eversana, a provider of global commercial services to the life sciences industry, reported tha it has acquired Accelera Canada, along with its partner companies Patient Access Solutions, Podium Strategic Partners, Inc. and Advocacy Solutions (Press release, EVERSANA, JUL 26, 2021, View Source [SID1234585220]). Based in Toronto, Accelera Canada is an end-to-end commercialization service provider that is helping 50 companies operate in the Canadian pharma market. Financial terms of the deal were not disclosed, but with this latest development, Eversana is able to expand its Canada-based team.

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"We are rapidly scaling our global commercialization services by finding and partnering with the best service providers in every region," says Jim Lang, Eversana’s CEO. "The Accelera Canada team adds decades of experience navigating the fields of product launch, market access and patient advocacy in the Canadian marketplace, making them the perfect partner to support the growing needs of our clients."

Accelera Canada’s founding partners and owners, Michael Cloutier, Charles Pirraglia, Deborah Brown, Lindy Forte and Ryan Clarke, as well as extended team members, will join Eversana immediately. And over the next few months, legacy brands will be integrated.

Coherus BioSciences to Report Second Quarter 2021 Financial Results on August 5th

On July 26, 2021 Coherus BioSciences, Inc. ("Coherus", Nasdaq: CHRS), reported that its second quarter 2021 financial results will be released after market close on Thursday, August 5, 2021 (Press release, Coherus Biosciences, JUL 26, 2021, View Source [SID1234585206]). Starting at 5 p.m. ET, Coherus’ management team will host a conference call and webcast to discuss financial results and provide a general business update.

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After releasing second quarter financial results, the Company will post them on the Coherus website at View Source

Conference Call Information

Webcast: View Source

Please dial-in 15 minutes early to ensure a timely connection to the call.

EVERSANA™ expands global commercialization solutions with acquisition of Accelera Canada and its partner companies

On July 26, 2021 EVERSANA, the pioneer of next-generation commercial services to the global life sciences industry, reported the acquisition of Accelera Canada and its partner companies Patient Access Solutions, Podium Strategic Partners, Inc., and Advocacy Solutions (Press release, EVERSANA, JUL 26, 2021, View Source [SID1234585205]). Headquartered in Toronto, Accelera Canada is recognized as the country’s leading end-to-end commercialization service provider, helping more than 50 companies successfully operate in the Canadian pharmaceutical market. The acquisition further propels EVERSANA’s expansion of services worldwide, including recent investments in Europe and Asia Pacific.

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"We are rapidly scaling our global commercialization services by finding and partnering with the best service providers in every region," said Jim Lang, CEO, EVERSANA. "The Accelera Canada team adds decades of experience navigating the complexity of product launch, market access and patient advocacy in the Canadian marketplace, making them the perfect partner to support the growing needs of our clients."

With this latest acquisition, EVERSANA adds depth to its consulting, patient advocacy, patient support and market access services and further expands its team based in Canada, which includes more than 150 colleagues in Ontario and Nova Scotia. EVERSANA previously acquired Canada-based Cornerstone Research Group in 2019.

"Across our partner companies, we’ve experienced significant growth over the past 15 years, navigating the nuances of the Canadian health care market. Now with the collective power of EVERSANA, our clients have immediate access to a more comprehensive end-to-end commercialization solution to meet any global challenge," said Michael Cloutier, founding partner & business development lead, Accelera Canada. "We’re thrilled to expand with a company that shares our values in client service and our commitment to accelerating Canadian patient access to the latest medical advances."

The company’s founding partners and owners, Michael Cloutier, Charles Pirraglia, Deborah Brown, Lindy Forte and Ryan Clarke, as well as extended team members, will join EVERSANA immediately. Legacy brands will be integrated into EVERSANA in the coming months.

Financial details of the acquisition are not being disclosed.

CRCbioscreen announces publication of clinical validation data of a multitarget fecal immunochemical test for colorectal cancer screening

On July 26, 2021 CRCbioscreen, a Dutch diagnostics company, reported to developing a next generation stool test for population based ColoRectal Cancer or CRC screening, reported the publication of promising results of a diagnostic accuracy study with a multitarget immunochemical test (mtFIT) for early detection of CRC (Press release, CRC bioscreen, JUL 26, 2021, View Source [SID1234585204]). Data were published in the prestigious journal Annals of Internal Medicine. The researchers found that the combination of 3 biomarkers (hemoglobin, calprotectin and serpin F2) had significantly higher sensitivity compared with the standard FIT test, without compromising specificity. The mtFIT detects 35% more advanced adenomas, which could translate into 12% CRC incidence reduction and 8% CRC mortality reduction.

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The paper was authored by a team of researchers and clinicians from the Netherlands Cancer Institute, Amsterdam, in collaboration with researchers from AmsterdamUMC and ErasmusMC in Rotterdam, The Netherlands.

Addition of protein biomarkers

The researchers used bio-banked residual FIT sample buffer from 1,284 patients to assess if the addition of protein biomarker quantification in stool could be used to improve the sensitivity of FIT, without sacrificing specificity. The patients were classified by their most advanced lesion – CRC, advanced adenomas, advanced serrated polyps, nonadvanced adenomas, and nonadvanced serrated polyps—and then classification and regression tree (CART) analysis was applied to biomarker concentrations in order to identify the optimal combination for detecting advanced neoplasia. Performance of this combination, the mtFIT, was cross-validated using a ‘leave-one-out’ approach and compared with FIT at equal specificity.

Sensitivity increased by 35% for advanced adenomas

The researchers found that the combination of 3 biomarkers (hemoglobin, calprotectin and serpin F2) had significantly higher sensitivity than FIT for advanced neoplasia (i.e. CRC and advanced precursor lesions) with equal specificity to FIT. The improvement was seen in the advanced adenomas, for which sensitivity was increased by 35%, while sensitivity for CRC and advanced serrated polyps did not change. The improved sensitivity for advanced adenomas may prove critical to improving FIT’s performance as a cancer prevention test. The authors estimate that when performed biennially and compared to traditional biennial FIT, mtFIT would reduce CRC incidence and mortality by 12% and 8%, respectively, assuming 73% adherence.

Finally, the mtFIT was also deemed cost-effective. Funding has been secured to conduct a prospective screening trial to further validate mtFIT within the context of the Dutch CRC screening program.

An independent editorial comment in the same issue of the journal commented on the study to be "important because the challenge of building a better screening test was approached from the perspective of an organized, population-based screening program, and it shows the potential of relatively inexpensive enhancements to the widely used FIT to improve sensitivity without sacrificing specificity" and "Ultimately, this study offers promise of incremental but important improvements in the effectiveness of population-based CRC screening through novel biomarker measurement using an existing screening platform."

Prof. Dr. Gerrit Meijer, CRCbioscreen’s CSO and principal investigator, commented:

"We are very pleased with the results of this diagnostic accuracy study. There is a need for a noninvasive screening test that has higher sensitivity for precursor lesions without increasing false-positive test results. This multitarget protein-based test shows a substantial improvement over FIT in detecting advanced adenomas, while the test logistics still remain fully compatible with that of current FIT based population screening programs. Early detection of colorectal cancer can save many lives. These data underscore our commitment to contribute to a substantial worldwide reduction in incidence and deaths due to this life-threatening disease."

Dr. Meike de Wit, CRCbioscreen’s COO and corresponding author, adds:

"These findings provide a solid basis for conducting a prospective screening trial in the context of the Dutch national CRC screening program. In that study, which is co-funded by CRCbioscreen and is planned to be launched this autumn, the multitarget FIT will be compared to FIT in 13,000 participants of the Dutch national colorectal cancer screening program."