Takeda Provides Update on Phase 3 PANTHER (Pevonedistat-3001) Trial

On September 1, 2021 Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) ("Takeda") reported that the Phase 3 PANTHER (Pevonedistat-3001) study did not achieve pre-defined statistical significance for the primary endpoint of event-free survival (EFS) (Press release, Takeda, SEP 1, 2021, View Source [SID1234587122]). The trial evaluated whether the combination of pevonedistat plus azacitidine as first-line treatment for patients with higher-risk myelodysplastic syndromes (MDS), chronic myelomonocytic leukemia (CMML) and low-blast acute myeloid leukemia (AML) improved EFS versus azacitidine alone. An event in the trial is defined as death or transformation to AML in participants with higher-risk MDS or CMML, whichever occurs first, and death in participants with AML.

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"While we are disappointed with this outcome, we are continuing to gain a greater understanding of the full data set and hope that findings from this Phase 3 study will provide information to help guide research and development for potential treatment options for these underserved patient populations," said Chris Arendt, PhD, Head, Oncology Cell Therapy and Therapeutic Area Unit, Takeda. "We would like to thank the patients, families, advocacy organizations and investigators that participated in this trial, without whom this meaningful research would not have been possible. Takeda remains committed to conducting important research and transforming the lives of patients with cancer."

Full data results will be submitted for presentation at an upcoming medical congress. Investigators have been informed of the outcome so they can discuss the potential impact with study participants. Takeda will work with investigators who will determine the most appropriate action for each individual patient enrolled in the study.

About Pevonedistat
Pevonedistat is a NEDD8-activating enzyme (NAE) inhibitor that leads to cancer cell death by disrupting protein homeostasis. The Phase 3 PANTHER study (Pevonedistat-3001) did not achieve pre-defined statistical significance for the primary endpoint of event-free survival (EFS) and the data results are currently being evaluated. The safety profile was consistent with previously reported data for this combination. Pevonedistat is an investigational drug for which safety and efficacy have not been established.

Takeda’s Commitment to Oncology
Our core R&D mission is to deliver novel medicines to patients with cancer worldwide through our commitment to science, breakthrough innovation and passion for improving the lives of patients. Whether it’s with our hematology therapies, our robust pipeline, or solid tumor medicines, we aim to stay both innovative and competitive to bring patients the treatments they need. For more information, visit www.takedaoncology.com.

Arcus Biosciences to Participate at Upcoming Investor Conferences

On September 1, 2021 Arcus Biosciences, Inc. (NYSE:RCUS), an oncology-focused biopharmaceutical company working to create best-in-class cancer therapies, reported that management will present at the following upcoming September 2021 virtual investor conferences (Press release, Arcus Biosciences, SEP 1, 2021, View Source [SID1234587121]).

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Citi’s 16th Annual Virtual Biopharma Conference, Friday, September 10 at 1:25 pm ET
2021 Cantor Virtual Global Healthcare Conference, Monday, September 27 at 4:40 pm ET
A live audio webcast of the presentation will be available by visiting the "Investors" section of the Arcus website at www.arcusbio.com. A replay of the webcast will be available for at least two weeks following the live event.

Gilead Sciences to Present at Upcoming Investor Conference

On September 1, 2021 Gilead Sciences, Inc. (Nasdaq: GILD) reported that its executives will be speaking at the following investor conference (Press release, Gilead Sciences, SEP 1, 2021, View Source [SID1234587120]):

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Morgan Stanley Annual Global Healthcare Conference on Wednesday, September 15 at 12:30pm ET

The live webcast can be accessed at the company’s investors page at investors.gilead.com. The replay will be available for at least 30 days following the presentation.

Pillar Biosciences Announces Appointment of Randy Pritchard as Chief Executive Officer

On September 1, 2021 Pillar Biosciences, an innovative next-generation sequencing (NGS) solutions in-vitro diagnostics (IVD) company, reported the appointment of Randy Pritchard as Chief Executive Officer (Press release, Pillar Biosciences, SEP 1, 2021, View Source [SID1234587119]). The company’s founder, industry veteran and renowned scientific innovator, Gang Song, Ph.D., will transition to the role of Chairman of the Board, where he will be responsible for leading the Board, ensuring governance standard and focusing on all strategic matters for Pillar Biosciences. In his new role as CEO, Mr. Pritchard will look to accelerate the company’s efforts to make precision oncology accessible for all patients throughout the patient journey.

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Mr. Pritchard brings to Pillar Biosciences more than 24 years of healthcare experience, as a diagnostics executive who has deep experience in corporate and commercial strategy, sales and marketing, driving growth through innovation. He has held positions of increasing responsibilities, including SVP of US Diagnostics marketing, SVP & Lifecycle Leader at the divisions of POC Diagnostic & Core Reagents, and VP of Marketing at Centralized Diagnostics at Roche Diagnostics.

"On behalf of the Board, I am excited to welcome Randy to lead Pillar Biosciences in its next stage of growth. He brings invaluable experience, as we accelerate our growth with the launch of our oncoReveal Dx Lung and Colon Cancer Assay, which received FDA Premarket Approval recently," said Gang Song, Ph.D., Co-Founder and Chairman of the Board, Pillar Biosciences. "Pillar Biosciences was founded with a mission to make precision medicine accessible for all, by simplifying clinical next-generation sequencing (NGS) and bringing testing closer to the patient."

"The Board was impressed by Randy’s depth of understanding of the diagnostics space and what drives growth, as well as his leadership experience," said Simone Song, Founder, ORI Capital who has led repeated investments in Pillar Biosciences since its Series A financing. "His ability to quickly analyze a business, develop and execute on the growth strategy was truly remarkable. I am fully confident that Randy will be an outstanding leader for Pillar at this next stage of growth."

"I look forward to working with Gang and the Pillar Biosciences team to accelerate the adoption of oncoReveal Dx and bring more innovative NGS cancer testing products to patients, in particular in the area of liquid biopsy," said Randy Pritchard, CEO, Pillar Biosciences. "Pillar has grown to over 150 dedicated team members in the US and China, and I look forward to leading the company in its next stage of growth to become a global clinical cancer NGS diagnostics company."

InterVenn Biosciences to Present at the Morgan Stanley 19th Annual Global Healthcare Conference

On September 1, 2021 InterVenn Biosciences reported that it will be participating via webcast in the Morgan Stanley 19th Annual Global Healthcare Conference (Press release, InterVenn Biosciences, SEP 1, 2021, View Source [SID1234587118]).

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Aldo Carrascoso, CEO is scheduled to participate in a fireside chat on Friday, September 10th, 2021 at 11:45 a.m. ET.

Please follow the link (View Source) to the "Investors" page on the InterVenn website and a live webcast of the event.