Myriad Genetics CEO Paul J. Diaz to Present at 39th Annual J.P. Morgan Healthcare Conference

On January 4, 2021 Paul J. Diaz, president and CEO of Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in precision medicine and molecular diagnostics, reported that it will discuss the company’s transformation and growth initiatives at the 39th Annual J.P. Morgan Healthcare Conference at 2:50 p.m. EST on January 11, 2021 (Press release, Myriad Genetics, JAN 4, 2021, View Source [SID1234573415]).

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Mr. Diaz will focus on key opportunities to fulfill the company’s mission of improving patient lives by unlocking the power of precision medicine and helping healthcare providers and payers prevent, diagnose and treat disease through the company’s genetic insights. The presentation will be available via a live audio webcast accessible at the following direct link or through the investor information section of Myriad’s website at www.myriad.com.

MEI Pharma Announces Expansion of Phase 1b Study Evaluating Zandelisib and Clinical Pipeline Update

On January 4, 2021 MEI Pharma, Inc. (NASDAQ: MEIP), a late-stage pharmaceutical company focused on advancing new therapies for cancer, reported that the Phase 1b trial arm exploring zandelisib, an investigational selective phosphatidylinositol 3-kinase ("PI3K") delta inhibitor, in combination with zanubrutinib (marketed as BRUKINSA), an inhibitor of Bruton’s tyrosine kinase ("BTK") developed by BeiGene, Ltd. ("BeiGene"), completed the safety evaluation stage in patients with B-cell malignancies and is expanding into disease specific B-cell malignancy cohorts (Press release, MEI Pharma, JAN 4, 2021, View Source [SID1234573414]). The Safety Review Committee recommended moving forward with a dosing regimen found to be generally well tolerated and active following a planned safety analysis.

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"Inhibition of the PI3K and BTK pathways with combination therapy is believed to present a promising opportunity for inducing a robust and durable response against various B-cell malignancies," said Richard Ghalie, M.D., senior vice president, clinical development, of MEI Pharma. "The intermittent dosing schedule and unique therapeutic profile of zandelisib makes it an attractive option for combination therapy. We are encouraged that the data to date supported the recommendation of the Safety Review Committee to move forward with the expansion cohorts, initially in follicular and mantle cell lymphomas, and we look forward to further exploring the potential of this and other combinations of zandelisib in patients with various B-cell malignancies with our global development partner, Kyowa Kirin."

A Series of Important Pipeline Updates in 2021
MEI Pharma also provided an update on pipeline programs and anticipated milestones for 2021 for zandelisib, voruciclib and ME-344.

Zandelisib – PI3K delta inhibitor for the treatment of various B-cell malignancies

Completion of enrollment in the Phase 2 TIDAL study evaluating zandelisib as a monotherapy for patients with relapsed or refractory follicular lymphoma anticipated around the end of first quarter of 2021, subject to the continuing impact of the COVID-19 pandemic
Initiation of a second arm in the Phase 2 TIDAL study enrolling patients with relapsed or refractory marginal zone lymphoma anticipated in the first quarter of 2021
Initiation of the Phase 3 study of zandelisib in combination with rituximab evaluating follicular and marginal zone lymphoma patients who received one or more prior lines of treatment anticipated in mid-2021; this study is intended to act as the required confirmatory study for the potential accelerated approval of zandelisib in patients with relapsed or refractory follicular lymphoma
Clinical updates for the Phase 1b study of zandelisib, including the combination with zanubrutinib, anticipated in mid-2021
Top line clinical data from the Phase 2 TIDAL study anticipated in the fourth quarter of 2021
Voruciclib – CDK9 inhibitor for the treatment of B-cell malignancies and acute myeloid leukemia

Program updates, including data from the Phase 1 program evaluating voruciclib in combination with venetoclax, anticipated in 2021
ME-344 – tumor selective mitochondrial inhibitor

Update plans for a potential Phase 2 pilot study of ME-344 in solid tumors anticipated by year-end 2021
MEI Pharma also confirmed today that it has a cash runway to fund operations through calendar year 2023.

H.C. Wainwright BIOCONNECT 2021 Virtual Conference Presentation
MEI Pharma will present at the H.C. Wainwright BIOCONNECT 2021 Virtual Conference. The presentation will provide a company overview and business update and will be available for on-demand listening beginning Monday January 11, 2020 at 6:00 a.m. Eastern Time. The presentation can be accessed on the Events & Presentations page of the Investors section of MEI Pharma’s website at View Source

About Zandelisib
Zandelisib (formerly called ME-401) is an investigational oral phosphatidylinositol 3-kinase ("PI3K") delta inhibitor in clinical development for the treatment of patients with B-cell malignancies. In March 2020 the U.S. FDA granted zandelisib Fast Track designation.

PI3K delta is often overexpressed in cancer cells and plays a key role in the proliferation and survival of hematologic cancers. Zandelisib displays high selectivity for the PI3K delta isoform and has distinct pharmaceutical properties from other PI3K delta inhibitors.

Ongoing clinical studies of zandelisib include TIDAL (Trials of PI3K DeltA in Non-Hodgkin’s Lymphoma), a global Phase 2 clinical trial evaluating the candidate as a monotherapy for the treatment of adults with relapsed or refractory follicular lymphoma after failure of at least two prior systemic therapies including chemotherapy and an anti-CD20 antibody. Subject to the results, upon completion of the Phase 2 clinical trial, MEI is planning a submission with the FDA to support an accelerated approval of a marketing application under 21 CFR Part 314.500, Subpart H.

Also ongoing is the multicenter, open-label, single-arm pivotal Phase 2 study of zandelisib in patients with indolent B-cell non-Hodgkin’s lymphoma (iNHL) without Small lymphocytic lymphoma, lymphoplasmacytic lymphoma (LPL), and Waldenström’s macroglobulinemia (WM) in Japan to evaluate zandelisib as a monotherapy for the treatment of Japanese patients with relapsed or refractory iNHL with at least two prior systemic therapies.

In October 2018, MEI entered a clinical collaboration with BeiGene to evaluate the safety and efficacy of zandelisib in combination with BeiGene’s zanubrutinib for the treatment of patients with various relapsed or refractory B-cell malignancies. Clinical study costs in the Phase 1b study evaluating the combination are equally shared, and each company is supplying its own investigational agent. MEI retains all commercial rights to zandelisib and BeiGene retains all commercial rights to zanubrutinib.

In April 2020, MEI and Kyowa Kirin Co., Ltd. (Kyowa Kirin) entered a global license, development, and commercialization agreement to further develop and commercialize zandelisib. MEI and Kyowa Kirin are co-developing and co-promoting zandelisib in the U.S., with MEI booking all revenue from the U.S. sales. Kyowa Kirin has exclusive commercialization rights outside of the U.S.

In May 2020, updated data from the Phase 1b study of zandelisib was presented at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) 2020 Virtual Scientific Program. These data evaluating patients on an intermittent dosing schedule showed that treatment was generally well tolerated and demonstrated an 83% overall response rate in patients with relapsed or refractory follicular lymphoma. Responses appeared durable: median duration of response was not yet reached after median follow-up of 13.2 months (range: 3.0-27.6).

X-Chem Announces Licensing of Second Drug Discovery Program to Otsuka

On January 4, 2021 X-Chem Inc. (X-Chem), the global leader in DNA-Encoded Library (DEL) technology to identify novel drug leads, reported that Otsuka Pharmaceutical Co., Ltd. (Otsuka) has licensed a second drug discovery program from X-Chem (Press release, X-Chem, JAN 4, 2021, View Source [SID1234573413]).

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Under the terms of the parties’ multi-target Drug Discovery Research and License Collaboration, Otsuka exercised the option to exclusively license this additional program, which comprises a promising highly-specific novel small molecule drug lead for a very challenging target. The license is a direct result of X-Chem screening its DNA-encoded libraries containing hundreds of billions of drug-like small molecules, and using its advanced proprietary informatics platform to identify novel drug leads for the Otsuka target. Otsuka is solely responsible for the conduct of clinical trials with drug candidates derived from licensed compounds, and retains exclusive rights to globally commercialize any resulting products.

"X-Chem is proud to issue our second compound license to Otsuka," said Matt Clark, CEO of X-Chem. "Our partnership with Otsuka has been a success due to the collaborative engagement and rigorous determination of the joint research teams, who achieved our mutual goal of identifying hit compounds for extremely difficult-to-drug targets. We look forward to continued engagement with Otsuka in the coming years as X-Chem continues to expand our leadership position in the drug discovery field."

MannKind Corporation to Participate in H.C. Wainwright Bioconnect 2021 Conference

On January 4, 2021 MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products for patients with endocrine and orphan lung diseases, reported that its Chief Executive Officer, Michael Castagna, PharmD, will participate in a Fireside Chat at the H.C. Wainwright Bioconnect 2021 Conference which will be available on demand starting on January 11, 2021 at 6:00 am (ET) (Press release, Mannkind, JAN 4, 2021, View Source [SID1234573412]). Interested parties can access a link to the on demand webcast of the presentation from the Events & Presentations section of the Company’s website at View Source The webcast replay will remain available for 14 days following the live presentation.

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Phio Pharmaceuticals to Participate in the H.C. Wainwright BioConnect 2021 Conference

On January 4, 2021 Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a biotechnology company developing the next generation of immuno-oncology therapeutics based on its proprietary self-delivering RNAi (INTASYL) therapeutic platform, reported that its Chief Executive Officer, Dr. Gerrit Dispersyn, will present at the upcoming H.C. Wainwright BioConnect 2021 Conference, which is being held virtually from January 11 – 14, 2021 (Press release, Phio Pharmaceuticals, JAN 4, 2021, View Source [SID1234573410]).

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During the conference, a corporate presentation by Dr. Dispersyn will be made available on-demand via the H.C. Wainwright conference portal starting at 6 a.m. Eastern Time on January 11, 2021. Interested parties may also access the webcast through the "Investors – Events and Presentations" section of the Company’s website. The webcast will be archived and available on the Company’s website for 90 days.