Mirati announces Adagrasib (KRAZATI™) Receives Breakthrough Therapy Designation from FDA for Patients with Advanced, KRAS-Mutated Colorectal Cancer and NEJM Publishes Phase 1b/2 Data from Adagrasib With or Without Cetuximab in Colorectal Cancer

On December 21, 2022 Mirati Therapeutics, Inc. (NASDAQ: MRTX), reported that the FDA has granted BTD to adagrasib in combination with cetuximab in patients with KRASG12C-mutated, advanced CRC whose cancer has progressed following prior treatment with chemotherapy and an anti-VEGF therapy (Press release, Mirati, DEC 21, 2022, View Source [SID1234625512]). This designation is supported by results from the Phase 1b cohort of the KRYSTAL-1 trial.

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The FDA program grants BTD to expedite the development and regulatory review of drugs that have demonstrated preliminary clinical evidence of a substantial improvement over available therapy in the treatment of patients with serious diseases on at least one clinically significant endpoint.

In addition, today, the NEJM published findings from the ongoing multicohort KRYSTAL-1 Phase 1/2 study evaluating adagrasib as monotherapy or combined with cetuximab in patients with KRASG12C-mutated metastatic colorectal cancer. These data reported promising clinical activity and demonstrated a favorable tolerability profile with reversible adverse events.

Summary of Clinical Results

Of 28 evaluable patients, the combination of adagrasib and cetuximab demonstrated an objective response rate (ORR) of 46% (95% CI, 28 to 66); a median duration of response (DOR) of 7.6 months (95% CI, 5.7 to not estimable) and a median PFS of 6.9 months (95% CI, 5.4 to 8.1).
The safety profile of adagrasib was consistent with previously reported safety findings; and the safety of the combination of adagrasib and cetuximab did not result in synergistic adverse events. Grade 3 or 4 treatment related adverse events (TRAEs) occurred in 34% of patients who received adagrasib monotherapy and in 16% of patients who received adagrasib and cetuximab in combination. No grade 5 TRAEs were observed.
"Preclinical studies and early clinical data indicate that the combination of a KRAS inhibitor and an anti-EGFR antibody could be an effective strategy to mitigate EGFR reactivation," said Rona Yaeger, M.D., Associate Attending Physician at Memorial Sloan Kettering Cancer Center and study author. "These results provide a strong rationale for continued development of this combination regimen."

"KRASG12C-mutations occur in 3-4% of colorectal cancers and are associated with poor outcomes.1 Few effective treatment options exist for these patients," said Alan Sandler, M.D., Chief Medical Officer. "We are encouraged by this data, particularly adagrasib in combination with cetuximab. With the BTD status, we look forward to working together with the FDA to potentially bring this treatment option to late-line KRASG12C-mutant CRC patients through the accelerated approval pathway."

A Phase 3 trial evaluating adagrasib in combination with cetuximab in patients with KRASG12C-mutated colorectal cancer in the second line setting compared with standard chemotherapy (KRYSTAL-10; NCT04793958) is currently ongoing.

About KRAZATI (adagrasib)

In the U.S., KRAZATI was approved by the FDA for Accelerated Approval (Subpart H), which allows for the approval of drugs that treat serious conditions, and that fill an unmet medical need based on surrogate endpoints. KRAZATI was reviewed under the FDA Real-Time Oncology Review (RTOR) pilot program, which aims to explore a more efficient review process that ensures safe and effective treatments are made available to patients as early as possible. Mirati submitted a Marketing Authorization Application (MAA) in the EU in May 2022. In 2021, adagrasib achieved Breakthrough Therapy Designation in the U.S. as a potential treatment for patients with NSCLC harboring the KRASG12C mutation who have received at least one prior systemic therapy. For Prescribing Information, visit Mirati.com/KRAZATI_USPI

Adagrasib continues to be evaluated as monotherapy and in combination with other anti-cancer therapies in patients with advanced KRASG12C-mutated solid tumors, including NSCLC, colorectal cancer, and pancreatic cancer. For more information, visit Mirati.com/science.

Mirati has an Expanded Access Program (EAP) for adagrasib for the treatment of eligible patients with KRASG12C-mutated cancers, regardless of tumor type, including patients with treated or untreated CNS metastases, in the U.S. Learn more about the EAP at Mirati.com/expanded-access-policy.

KRAZATI (adagrasib) U.S. Indication

KRAZATI is indicated for the treatment of adult patients with KRASG12C-mutated locally advanced or metastatic non-small cell lung cancer (NSCLC), as determined by an FDA-approved test, who have received at least one prior systemic therapy.

This indication is approved under accelerated approval based on objective response rate (ORR) and duration of response (DOR). Continued approval for this indication may be contingent upon verification and description of a clinical benefit in a confirmatory trial(s).

ZIRCON Phase III Renal Cancer Study to be Presented at ASCO GU along with Theranostic Pipeline Advances

On December 21, 2022 Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) reported that the completed pivotal Phase III ZIRCON study (ClinicalTrials.gov Identifier: NCT03849118) of TLX250-CDx (89Zr-DFO-girentuximab) in clear cell renal cell carcinoma (ccRCC) has been selected for oral presentation at the upcoming 2023 ASCO (Free ASCO Whitepaper) GU Symposium to be held in San Francisco, CA, from February 16-18 2023 (Press release, Telix Pharmaceuticals, DEC 21, 2022, View Source [SID1234625511]).

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ASCO GU, the leading specialised event for GU cancer care worldwide, will be the forum at which the Company will present the complete results of the ZIRCON trial in detail, including all trial primary and secondary end-points as well as specific grading criteria related to lesion size and detection.

In addition, six presentations on Telix’s carbonic anhydrase IX (CAIX)- and prostate specific membrane antigen (PSMA)-targeting theranostic candidates will be featured in the program. Presentations will report on advancements in positron emission tomography (PET) imaging of prostate cancer with 68Ga PSMA-11; the potential utility of TLX250-CDx in tumour types beyond ccRCC; and the STARLITE Phase II studies, which are assessing the efficacy of TLX250 (177Lu-DOTA-girentuximab) targeted radiation in combination with immunotherapy for ccRCC.

Dr Colin Hayward, Telix Chief Medical Officer, said, "Telix’s vision is to drive innovation in urologic oncology across the patient continuum, harnessing the power of targeted radiation from imaging, to surgery and therapy. We are therefore excited to be so well represented at ASCO (Free ASCO Whitepaper)-GU, the leading specialised event for GU cancer care worldwide. A highlight will be the first presentation of finalised, detailed clinical data from the Phase III ZIRCON study of TLX250-CDx, which reported highly positive topline data in November.[1] The congress program also includes updates on Telix-sponsored and investigator-initiated diagnostic and therapeutic studies and research collaborations across prostate and kidney cancer, and other tumour types. We look forward to seeing you at our booth."

ASCO GU presentation materials will published to the ASX and an investor conference call and webcast will be held following presentation of results with joining details to be announced closer to the event.

ASCO GU presentation details are as follows:

Session: Oral Abstract Session C: Renal and Rare Tumors
Title: Results from phase 3 study of 89Zr-DFO-girentuximab for PET/CT imaging of clear cell renal cell carcinoma (ZIRCON)
Date and Time: 18-Feb-2023, 2:00 PM-3:30 PM
Presenter: Brian Shuch (UCLA)
Abstract ID: LBA602

Poster Session B: Prostate Cancer and Urothelial Carcinoma
Date and Time: 17-Feb-2023, 12:30 PM-2:00 PM & 5:15 PM-6:15 PM

Title: "68Ga-PSMA-11 patients with newly diagnosed and recurrent prostate cancer (Firefly Study) – Preliminary Results."
Presenter: Hawkins, Charlotte (Telix); senior author: Oliver Sartor (Tulane Cancer Center)
Abstract ID: 54
ClinicalTrials.gov Identifier: NCT04854369
Title: "Ga-68 PSMA-11 (Illuccix) impacting prostate cancer management in a real-world setting: a pilot experience using the total-body PET/CT scanner (uExplorer)."
Presenter: Hashad Kulkarni (BAMF Health)
Abstract ID: 62
Title: "Special access use of 68Ga-PSMA-11 in Canada: real world experience."
Presenter: Philip Cohen (Initio Medical)
Abstract ID: 102
Trials in Progress Poster Session C: Renal Cell Cancer; Adrenal, Penile, Urethral, and Testicular Cancers
Date and Time: 18-Feb-23, 07:00 AM-08:00 AM & 12:30 PM-2:00 PM

Title: "89Zr-DFO-girentuximab for PET imaging of solid tumors likely to express high levels of carbonic anhydrase IX" (STARBURST study)"
Presenter: Andrei Iagaru (Stanford University)
Abstract ID: TPS738
ClinicalTrials.gov Identifier: NCT05563272
Title: "Phase 1b/2 study of combination 177Lu girentuximab plus cabozantinib and nivolumab in treatment naïve patients with advanced clear cell RCC" (STARLITE 1 study)
Presenter: Elshad Hasanov (MD Anderson Cancer Center)
Abstract ID: TPS749
Title: "Phase 2 Study of Nivolumab plus 177Lutetium-labeled Anti–Carbonic Anhydrase IX (CAIX) Monoclonal Antibody Girentuximab (177Lu-girentuximab) in Patients (pts) with Advanced Clear Cell Renal Cell Carcinoma (ccRCC)" (STARLITE 2 study)
Presenter: Darren Feldman (Memorial Sloan Kettering Cancer Center)
Abstract ID: TPS752
ClinicalTrials.gov Identifier: NCT05239533

Y-mAbs Announces Partnership regarding Early Access Program for DANYELZA (naxitamab-gqgk) in Europe

On December 21, 2022 (GLOBE NEWSWIRE) – Y-mAbs Therapeutics, Inc. (the "Company" or "Y-mAbs") (Nasdaq: YMAB) a commercial-stage biopharmaceutical company focused on the development and commercialization of novel, antibody-based therapeutic products for the treatment of cancer, today reported that it has entered into a distribution agreement with WEP Clinical Ltd. ("WEP") in connection with an early access program for DANYELZA (naxitamab-gqgk) 40mg/10mL Injection in Europe.

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DANYELZA is a humanized, monoclonal antibody that binds to the glycolipid GD2. GD2 is a disialoganglioside that is overexpressed on neuroblastoma cells and other cells of neuroectodermal origin, including the central nervous system and peripheral nerves. DANYELZA is administered on days 1, 3, and 5 of each treatment cycle as an intravenous infusion after dilution. Treatment cycles are repeated every 4 weeks until complete response or partial response, followed by 5 additional cycles every 4 weeks.

In the U.S., DANYELZA is approved by the FDA and indicated, in combination with granulocyte-macrophage colony-stimulating factor ("GM-CSF"), for the treatment of pediatric patients 1 year of age and older and adult patients with relapsed or refractory high-risk neuroblastoma in the bone or bone marrow who have demonstrated a partial response, minor response, or stable disease to prior therapy.

"We are excited to be able to give European patients access to DANYELZA through this early access program with WEP," said Thomas Gad, founder, President and Interim CEO. "Initially, DANYELZA will be available through such program in Spain and France, and we hope to add additional territories to the agreement."

Researchers at Memorial Sloan Kettering Cancer Center ("MSK") developed DANYELZA, which is exclusively licensed by MSK to Y-mAbs. MSK has institutional financial interests related to the compound and Y-mAbs.

About DANYELZA (naxitamab-gqgk)

DANYELZA (naxitamab-gqgk) is indicated, in combination with granulocyte-macrophage colony-stimulating factor ("GM-CSF"), for the treatment of pediatric patients 1 year of age and older and adult patients with relapsed or refractory high-risk neuroblastoma in the bone or bone marrow who have demonstrated a partial response, minor response, or stable disease to prior therapy. This indication was approved in the United States by the FDA under accelerated approval based on overall response rate and duration of response. Continued approval for this indication is contingent upon verification and description of clinical benefits in a confirmatory trial. DANYELZA includes a Boxed Warning for serious infusion-related reactions, such as cardiac arrest and anaphylaxis, and neurotoxicity, such as severe neuropathic pain and transverse myelitis. See full Prescribing Information (View Source) for complete Boxed Warning and other important safety information.

Ultragenyx Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

On December 21, 2022 NOVATO, Calif., Dec. 21, 2022 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel therapies for rare and ultra-rare diseases, today reported the grant of non-qualified stock options to purchase an aggregate of 29,950 shares of common stock of the company and 17,505 restricted stock units of the company’s common stock to three newly hired non-executive officers of the company (Press release, Ultragenyx Pharmaceutical, DEC 21, 2022, View Source [SID1234625509]). The awards were approved by the compensation committee of the company’s board of directors and granted under the Ultragenyx Employment Inducement Plan, with a grant date of December 16, 2022, as an inducement material to the new employees entering into employment with Ultragenyx in accordance with Nasdaq Listing Rule 5635(c)(4).

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The restricted stock units vest over four years, with 25% of the underlying shares vesting on each anniversary of the grant date, subject to the employee being continuously employed by the company as of such vesting dates. The stock options vest over four years, with 25% of the shares underlying the option vesting on the first anniversary of the grant date and the remainder vesting with respect to 1/48th of the shares underlying the options on each monthly anniversary thereafter, subject to the employee being continuously employed by the company as of such vesting dates. The stock options have a ten-year term and an exercise price of $45.63 per share, equal to the per share closing price of Ultragenyx’s common stock on December 16, 2022.

Completion of Acquisition or Disposition of Assets

On December 21, 2022, Rubius Therapeutics, Inc. (the "Company") reported it completed its previously announced sale of certain real property located at 100 Technology Way, Smithfield, Rhode Island 02917 (Map 49, Lot 219) and 30 Hanton City Road, Smithfield, Rhode Island 02917 (Map 49, Lot 78), together with the buildings and improvements thereon, including the Company’s manufacturing facility, and certain fixtures and personal property located in or on the real property (collectively, the "Property"), as previously described in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 12, 2022 (the "Prior Report") (Filing, 8-K, Rubius Therapeutics, DEC 21, 2022, View Source [SID1234625504]). As previously described in the Prior Report, the Company sold the Property to DIV Acquisition V, LLC for an aggregate purchase price of $18,500,000, subject to adjustment.

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