RayzeBio Announces Issuance of Two Patents for RYZ101 (225Ac-DOTATATE)

On January 4, 2023 RayzeBio, Inc., a targeted radiopharmaceutical company developing an innovative pipeline against validated solid tumor targets, reported that the United States Patent and Trademark Office (USPTO) has issued two patents related to the Company’s lead clinical asset, RYZ101, which uses 225Ac-DOTATATE to treat somatostatin receptor-positive (SSTR+) tumors (Press release, RayzeBio, JAN 4, 2023, View Source [SID1234625849]).

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The USPTO has issued U.S. Patent No. 11,497,822 and U.S. Patent No. 11,541,134, which are directed to compositions that include 225Ac-DOTATATE and the use of these compositions to treat SSTR+ neuroendocrine tumors, respectively. Both patents are valid until 2042, without taking into account any potential patent term extension.

"RYZ101 is currently being evaluated in two clinical trials and is poised to be the first Ac225 based radiopharmaceutical drug for the industry," said Ken Song, M.D., President and CEO of RayzeBio. "The recognition by the USPTO of our proprietary work with 225Ac-DOTATATE provides us valuable patent protection for the substantive investment we are making to bring forth this medicine to treat cancer patients."

About RYZ101

RYZ101 is an investigational targeted radiopharmaceutical therapy, designed to deliver a highly potent radioisotope, Actinium-225 (Ac225), to tumors expressing the somatostatin receptor type 2 (SSTR2). RYZ101 is being evaluated in clinical studies for patients with SSTR+ gastroenteropancreatic neuroendocrine tumors who have previously been treated with Lu177-based somatostatin therapies and also in patients with extensive stage small cell lung cancer. Details of the study can be found at View Source

Belharra Therapeutics Announces Broad Collaboration with Genentech to Discover and Develop Novel Medicines Across Multiple Therapeutic Areas

On January 4, 2023 Belharra Therapeutics, a privately held drug discovery company with a novel photoaffinity-based, non-covalent chemoproteomics platform, reported a multi-year collaboration with Genentech, a member of the Roche Group (Press release, Belharra Therapeutics, JAN 4, 2023, View Source [SID1234625855]). The companies will collaborate employing Belharra’s proprietary platform to discover and develop small molecule medicines in multiple therapeutic areas including oncology, immuno-oncology, autoimmune, and neurodegenerative diseases.

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Belharra’s innovative platform builds on a legacy of chemoproteomics drug discovery to identify functional and actionable small molecule ligands for protein targets using a unique approach to capture the interaction of tagged compounds with the human proteome. The company’s proprietary screening library enables Belharra scientists to identify any binding site, on any protein, in any conformational state, in any cell type.

Under the terms of the agreement, Belharra will be responsible for discovery and early preclinical development of small molecules against Genentech’s designated targets, while Genentech will be responsible for late preclinical, clinical, and regulatory development, and commercialization of such small molecules. In return, Belharra will receive an upfront cash payment of $80 million. Over the course of the collaboration, Belharra is eligible to receive development, commercial, and net sales milestones that could exceed $2 billion and a tiered royalty on Genentech’s sale of collaboration products.

For certain oncology or immunology programs to be designated by Genentech, Belharra will have an option to co-develop such programs’ compounds through Phase 1 and to co-fund the remaining development of those programs’ compounds in exchange for a US cost/profit split and ex-US milestone payments and royalties.

"We are excited to work with Genentech and leverage its industry-leading biological acumen to develop novel drug candidates for key therapeutic targets across a range of severe diseases for which patients currently lack adequate treatments," said Jeff Jonker, CEO of Belharra. "Genentech is long recognized for its dedicated pursuit of groundbreaking science to illuminate the drivers of disease and enable the discovery and development of transformational medicines. This collaboration further underscores the promise of Belharra’s novel platform to advance that cause."

"Our collaboration with Belharra gives Genentech access to a drug invention platform that allows us to interrogate important therapeutic pathways and targets that we strongly believe drive disease pathogenesis, but have proven to be inaccessible to conventional approaches," said James Sabry, MD, PhD, Global Head of Pharma Partnering at Roche. "Partnering with early-stage companies like Belharra provides Genentech with yet another way to advance groundbreaking science to discover and develop medicines for patients with serious and life-threatening diseases."

Lilly to Participate in the J.P. Morgan Healthcare Conference

On January 4, 2023 Eli Lilly and Company (NYSE: LLY) reported that it will attend the 41st Annual J.P. Morgan Healthcare Conference on Tuesday, Jan. 10, 2023. David A. Ricks, Lilly’s chair and CEO, will participate in a fireside chat at 6:45 p.m. Eastern time (Press release, Eli Lilly, JAN 4, 2023, View Source [SID1234625799]).

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A live audio webcast will be available on the "Webcasts & Presentations" section of Lilly’s Investor website at View Source A replay of the presentation will be available on this same website for approximately 90 days

Belharra Therapeutics Debuts With $130 Million in Funding

On January 4, 2023 Belharra Therapeutics, reported that it has emerged from stealth mode with a novel photoaffinity-based chemoproteomics platform capable of identifying non-covalent, small molecule drug candidates for any protein (Press release, Belharra Therapeutics, JAN 4, 2023, View Source [SID1234625854]). The company has secured $130 million in capital, including $50 million in Series A financing from founding investor Versant Ventures and a multi-year collaboration with Genentech, a member of the Roche Group, that will provide $80 million in upfront capital, also announced today. Belharra is the most recent company to emerge from Versant’s Inception Discovery Engine.

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Belharra’s integrated chemoproteomic-based drug discovery engine addresses the limitations of traditional screening approaches through a proprietary library of photoaffinity-based chemical probes that explore protein-ligand interactions in the native environment of the cell. The platform utilizes photoaffinity-based labeling to "trap" these unique non-covalent protein-ligand interactions. Coupled with its novel chemoproteomics platform and informatics capabilities, Belharra’s platform identifies probe-protein interactions on a global scale, revealing novel druggable pockets across a complete range of mechanisms, protein classes and cell types.

While first-generation platforms demonstrated the power of chemoproteomics to illuminate new chemical space, they required specific nucleophilic amino acid residues, such as cysteine, be present on a protein of interest and used probe libraries composed exclusively of electrophilic drug fragments. These are limiting because only a fraction of drug targets have ligandable cysteines and irreversible ligands often have complex development paths. The Belharra photoaffinity platform is not reliant on any specific amino acid for labeling, enabling profiling of the entire proteome. By employing photochemistry to identify probe-protein interactions, the Belharra platform’s underlying mode of binding is non-covalent, providing a much more traditional development path for a drug candidate.

Next-generation chemoproteomics platform

Belharra’s uniquely differentiated platform builds on a legacy of chemoproteomic-based drug discovery to identify functional and actionable non-covalent, small molecule drug candidates for any binding site, on any protein, in any conformational state, in any cell type. The platform enables screens to be run in a whole cell context, which enables the small molecule library to interact with proteins in their native conformations, including protein complexes, which are virtually impossible to recapitulate in traditional biochemical screens. This creates the potential to identify next-generation therapeutics for previously difficult-to-treat conditions.

"We’ve expanded the power of traditional chemoproteomic screening approaches and integrated them into a single drug discovery engine that enables, for the first time, the ability to target the full range of protein classes and targets," said Jeff Jonker, CEO of Belharra. "Our platform enables us to rapidly rescreen all of the previously ‘undruggable’ protein targets to identify actionable non-covalent drug-like ligands for functional binding pockets."

The Belharra platform originated in the laboratories of Christopher G. Parker, Ph.D., John Teijaro, Ph.D., and Ben Cravatt, Ph.D., at Scripps Research. There, Drs. Parker and Cravatt developed a novel photoaffinity-based chemoproteomics technology to enable screening for small molecules that bind proteins in their native context and focused it on immunology targets leveraging the expertise of Dr. Teijaro. Stuart Schreiber of the Broad Institute joined as a co-founder to refine and industrialize the platform for broad therapeutic application.

During Belharra’s formative stage, the team at Scripps worked alongside Belharra’s scientists and scientists at Versant’s San Diego-based discovery engine, Inception Therapeutics, to industrialize the technology and build a proprietary library of small molecule photoaffinity probes with superior drug-like properties. Based on targeted and phenotypic screens run by Scripps and Belharra, Belharra expects to advance internal discovery candidates for both Oncology and Immunology indications in 2023.

"Having been involved in a number of important companies in the chemical proteomics field, we have high conviction that Belharra represents a new wave of innovation in the space," said Tom Woiwode, Ph.D., Managing Director at Versant and a Belharra board member. "We are very excited to be working with Jeff, Gary and the company’s world-class scientific founders to advance medicines for previously intractable targets and diseases."

Agilent Announces Acquisition of Avida Biomed, Developer of High-Performance NGS Target Enrichment Workflows for Cancer Research

On January 4, 2023 Agilent Technologies Inc. (NYSE: A) reported the acquisition of Avida Biomed, an early-stage life sciences company that develops high-performance target enrichment workflows with unique capabilities for clinical researchers utilizing next-generation sequencing (NGS) approaches to study cancer (Press release, Agilent, JAN 4, 2023, View Source [SID1234625848]).

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The acquisition complements Agilent’s market-leading SureSelect portfolio and further augments Agilent’s strategy to expand into the high-growth clinical research and diagnostics markets. The chemistries and assays from Avida Biomed are compatible with Agilent’s automation platforms including Magnis and Bravo, which will facilitate efficient scaling of research experiments and routine sample testing.

Avida Biomed’s innovative genomics tools enable simultaneous genomic and DNA methylation profiling from a single sample without compromising sensitivity or specificity. The company’s streamlined assay protocol, which also includes library preparation, can be completed in a single shift enabling fast turnaround of assay results. This automatable workflow has been validated for use with various sample types including liquid biopsy, which has some of the most demanding performance specifications.

"The team of talented scientists and genomics industry veterans at Avida Biomed have created a best-in-class toolset that is highly complementary to Agilent’s existing NGS offerings," said Sam Raha, president of Agilent’s Diagnostics and Genomics Group. "We are thrilled to welcome the Avida Biomed team to Agilent. We’re also very excited to be able to bring these powerful tools to our oncology customers around the world who are working to improve the understanding of cancer and the diagnosis and treatment of cancer patients."

Avida Biomed’s technology will enable scientists working in precision medicine to develop new approaches for a variety of applications including biomarker discovery, patient selection for clinical trials, diagnosis and prognosis, therapy selection, and disease recurrence.

"We are honored and excited to join forces with Agilent to bring our technology to market," said Shengrong Lin, CEO of Avida Biomed. "Target enrichment is key to conducting an in-depth analysis of gene targets of interest. We look forward to combining our resources and expertise to make our tools and techniques widely available to clinical researchers across the globe."