Tessa Therapeutics Announces Positive Results from CD30 CAR-T Combination Study with Nivolumab in 2nd line Hodgkin Lymphoma

On June 16, 2023 Tessa Therapeutics Ltd. (Tessa), a clinical-stage cell therapy company developing next-generation cancer treatments for hematological malignancies and solid tumors, reported encouraging safety and efficacy data from a combination study of its autologous CD30 CAR-T therapy (TT11) with Bristol Myers Squibb’s nivolumab at the 17th International Conference on Malignant Lymphoma taking place from June 13-17, 2023, at Lugano, Switzerland (Press release, Tessa Therapeutics, JUN 16, 2023, https://www.tessacell.com/2023/06/16/tessa-therapeutics-announces-positive-results-from-cd30-car-t-combination-study-with-nivolumab-in-2nd-line-hodgkin-lymphoma/ [SID1234632752]).

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TT11 is an autologous CD30 chimeric antigen receptor T-cell (CAR-T) therapy that harvests the patient’s own T-cells and modifies them to target cancer cells expressing the CD30 protein, a well-validated lymphoma target. TT11 is currently being investigated in combination with Nivolumab in Phase 1B (ACTION) study targeting R/R classical Hodgkin Lymphoma (cHL) patients after frontline therapy failure (NCT05352828).

ACTION is a single arm multi-centre Phase 1b study. Study protocol involves patients being treated with 2 cycles of Nivolumab, followed by a single infusion of CD30.CAR-T preceded by lymphodepletion (LD) chemotherapy. An additional 2 cycles of Nivolumab are then given, followed by response assessment by PET/CT per Lugano 2014 criteria. Patients without progressive disease may undergo either autologous stem cell transplant (ASCT) or continue Nivolumab up to 6 additional cycles per physician and patient preference.

A total of 15 patients were enrolled of which 13 were treated with Nivolumab + CD30 CAR-T therapy. 10 patients reached End of Treatment (Post-Nivo Cycle 4) and were evaluable for response. Of the 10 patients 9 responded to the treatment with complete disappearance of tumor observed by PET/CT in 7 patients and partial reduction in tumor size observed in 2 patients. One patient had stable disease. Of note, no patients proceeded to receive autologous stem cell transplant (ASCT) as of the data cut off. All 10 patients reaching EOT (Post-Nivo Cycle 4) proceeded to additional Nivo cycles.

The therapy was well tolerated with no grade 3 or higher Cytokine Release Syndrome (CRS) and no neurotoxicity. Two patients experienced grade 1 CRS, which resolved without use of steroid or tocilizumab.

CD30.CAR-T expansion and persistence was observed post infusion. CAR-T cells continued to persist until data cut-off for the results (day 77 post infusion) with peak expansion observed in peripheral blood at 8 days post infusion.

"CD30 CAR-T therapy in combination with Nivolumab has demonstrated promising anti-tumor efficacy with a very good safety profile in r/r cHL patients after primary treatment." Said Sairah Ahmed, M.D., lead presentation author, and Associate Professor, The University of Texas MD Anderson Cancer Center. "The results are quite encouraging and warrant further development of this combination therapy among r/r cHL patients."

Circulating tumor ctDNA-MRD (minimum residual disease) was assessed with PhasED-Seq (Foresight Diagnostics) in 3 patients with complete responses at End of Treatment (EOT). All 3 patients (100%) had undetectable ctDNA-MRD demonstrating deep molecular response. Additional patient samples are currently under assessment.

"We are very encouraged by the exciting results demonstrated by the ACTION study. These results offer the potential to re-define Hodgkin lymphoma treatment paradigm, offering a second line treatment alternative free of transplant and high dose chemotherapy to patients who fail frontline therapy." Said Thomas Willemsen, President and CEO, Tessa Therapeutics. He added "The well tolerated safety profile is especially meaningful for older patients with poor tolerability and young adolescents with risk of long-term sequelae from current standard of care."

Sana Biotechnology Highlights Preclinical Data from Hypoimmune and Fusogen Platforms at the International Society for Stem Cell Research (ISSCR) 2023 Annual Meeting

On June 16, 2023 Sana Biotechnology, Inc. (NASDAQ: SANA), a company focused on changing the possible for patients through engineered cells, reported preclinical data from six presentations, including two oral presentations, at the International Society for Stem Cell Research (ISSCR) 2023 Annual Meeting (Press release, Sana Biotechnology, JUN 16, 2023, View Source [SID1234632751]).

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"Our leading presence at ISSCR showcased key preclinical data generated from our programs using our hypoimmune and fusogen platforms," said Doug Williams, Ph.D., Sana’s President of Research and Development. "The ability to transplant allogeneic cells engineered to evade immune detection without immunosuppression with durable cell persistence and functionality has the potential to transform the field of cell therapy, as well as medicine as a whole. At this conference, much of our data focused on the hypoimmune platform’s ability to avoid immune detection in various preclinical models as well as the potential of incorporating this platform into pancreatic islet cells for the treatment of type 1 diabetes. We also shared data demonstrating in vivo delivery of various genetic payloads to human hematopoietic stem/progenitor cells, highlighting an important capability with the fusogen platform. Later this year, we look forward to sharing initial clinical data from our hypoimmune platform which should help us understand the translatability of these and other preclinical data to humans, including data for our allogeneic CD19-directed CAR T cells for the treatment of B-cell cancers and data for primary human pancreatic islet cells for the treatment of type 1 diabetes."

Oral Presentations
On Thursday, June 15, an oral presentation titled "Human Hypoimmune Primary Pancreatic Islets Evade Allogeneic and Autoimmune Rejection Without Immunosuppression and Alleviate Diabetes in Humanized Mice" featured data from in vitro and in vivo studies of human hypoimmune (HIP) islet cells. The data demonstrated that HIP islet cells were similar in size, cell type composition, and in vitro insulin secretion as wild-type (wt) islet cells, showing that HIP engineering itself does not impact islet cell morphology or endocrine function. In vivo studies assessed the survival of HIP islet cells in immunocompetent, diabetic allogeneic humanized mice as well as in Sana’s proprietary humanized autoimmune diabetes mouse model. In the diabetic allogeneic humanized mouse study, the results demonstrated that HIP islet cells survived and functioned to control glucose levels while wt islet cells were rejected with no glucose control observed. The study in the humanized autoimmune diabetes mouse model showed that HIP islet cells also survived autoimmunity and alleviated diabetes while wt islet cells were rejected with no glucose control observed.

On Thursday, June 15, a second oral presentation titled "In Vivo Delivery of Genetic Payloads to Human Hematopoietic Stem/Progenitor Cells" featured data demonstrating the ability of Sana’s fusogen platform to deliver genetic payloads to resting human hematopoietic stem/progenitor cells (HSPCs) and access human HSPCs in both the peripheral blood and bone marrow of humanized mice. The presentation included data demonstrating the ability of HSPC-targeted fusosomes to achieve high transduction efficiency and specificity for HSPCs in vivo, avoiding off-target cellular "sinks." Highlights included a demonstration of in vivo nuclease delivery for efficient editing of HSPCs, as well as specific gene delivery to cells harboring a target HSPC receptor with >100x selectivity.

Poster Presentations
On Wednesday, June 14, poster #2082 titled "Hypoimmune Rhesus Macaque Induced Pluripotent Stem Cells Achieve Long-Term Survival in Fully Immunocompetent Allogeneic Recipients" detailed data on the ability of Sana’s HIP-modified allogeneic cells to escape immune detection in non-human primates (NHPs) in the absence of immune suppression. HIP-modified induced pluripotent stem cells (iPSCs) and wt iPSCs were transplanted into fully immunocompetent NHPs without immunosuppression in a crossover design, whereby after 6 weeks, NHPs initially administered one type of iPSCs were injected with the other type of iPSCs. In all instances, HIP iPSC grafts survived the entire study period. The administration of HIP iPSCs did not generate de novo antibodies, and no antibody-related killing of HIP iPSCs was observed, regardless of the order of administration. In contrast, all wt iPSC grafts were rejected within 2-3 weeks after transplantation, and administration of wt iPSCs provoked a vigorous antibody and killing response against these wt cells.

On Wednesday, June 14, poster #2034 titled "Engineered Hypoimmune CAR T Cells Survive, Function, and Persist in Immunocompetent Allogeneic Humanized Mice" outlined data evaluating HIP CD19-directed CAR T cells versus unmodified CD19-directed CAR T cells in three-month persistence studies with allogeneic humanized mice. In all mice treated, tumor control was initially rapidly achieved with both the unmodified CAR T cells and HIP CAR T cells. However, in mice treated with unmodified CAR T cells, tumor control did not last throughout the study or respond to rechallenge with tumor cells. In contrast, in HIP CAR T cell-treated mice, tumor control was maintained, including following a rechallenge with tumor cells over 80 days after administration of the HIP CAR T cells, demonstrating that the cells persist and remain functional over multiple months in an allogeneic immune system.

On Thursday, June 15, poster #1122 titled "Standing Out From the Crowd: Stem Cell-Derived Islet Cells Function Independent of Clustering When Transplanted Intramuscularly" outlined data from mice that received stem cell-derived islet cells (SC-islets) that were intramuscularly implanted using standard clusters, standard clusters disaggregated prior to implantation, or cells differentiated without aggregation into clusters. SC-islets implanted intramuscularly secreted C-peptide (a proxy for insulin) and secretion, which increased over time, was independent of the SC-islets’ initial clustering status. In addition, SC-islets implanted intramuscularly as single cells effectively controlled blood glucose levels, including after glucose challenge, and looked histologically similar to SC-islets implanted as clusters.

On Friday, June 16, poster #166 titled "Stem Cell Derived Islet Cells Show Robust Survival and Function When Transplanted in the Muscle Without Need for Additional Bioscaffolding" presented data on the effectiveness of stem cell-derived islet cells (SC-islets) using intramuscular implant sites in immunodeficient diabetic mice. The studies showed that these fully differentiated SC-islets can be delivered intramuscularly with robust function and without the need for bioscaffolding. Reversal of hyperglycemia was cell dose dependent, and efficacy was observed with all tested doses.

About Sana’s Hypoimmune Platform
Sana’s proprietary hypoimmune platform is designed to create cells ex vivo that can "hide" from the patient’s immune system to enable the transplant of allogeneic cells without the need for immunosuppression. We are applying hypoimmune technology to both donor-derived allogeneic T cells, with the goal of making potent and persistent CAR T cells at scale, and pluripotent stem cells, which can then be differentiated into multiple cell types at scale. Preclinical data from a variety of cell types demonstrate that these transplanted allogeneic cells can evade both the innate and adaptive arms of the immune system while retaining their function. Our most advanced programs using hypoimmune technology include our allogeneic CAR T program targeting CD19+ cancers (SC291), our allogeneic CAR T program targeting CD22+ cancers (SC262), our allogeneic CAR T program targeting BCMA+ cancers (SC255), and our stem-cell derived pancreatic islet cell program for patients with type 1 diabetes (SC451).

About Sana’s Fusogen Platform
Sana’s proprietary fusogen platform is designed to optimize in vivo cell specific delivery of genetic material. Our goal is to be able to repair and control genes in cells. Engineering cells in vivo requires the development of both an appropriate delivery vehicle, as well as an active component to effectively modify the target cell. Fusogens are naturally occurring cell-targeting proteins. Sana reengineers these proteins to target specific cell surface receptors, enabling cell-specific delivery to many different types of cells. The platform was developed to deliver an active component to any cell in a specific, predictable, and repeatable way. This technology is the backbone of Sana’s in vivo delivery platform and is incorporated into various product candidates, including SG299, a CD8-targeted fusosome that delivers a CD19 CAR to target CD19+ cancer cells.

Prescient Therapeutics showcases cell therapy data at prestigious ISCT conference

On June 16, 2023 Prescient Therapeutics Ltd (ASX:PTX) CEO Steven Yatomi-Clarke reported Proactive’s Elisha Newell after the biotech showcased pre-clinical CellPryme and OmniCAR data at the International Society of Cell and Gene Therapy (ISCT)’s annual meeting (Press release, Prescient Therapeutics, JUN 16, 2023, https://www.proactiveinvestors.com.au/companies/news/1018069/prescient-therapeutics-showcases-cell-therapy-data-at-prestigious-isct-conference-1018069.html?utm_source=rss&utm_medium=rss&utm_campaign=prescient-therapeutics-showcases-cell-therapy-data-at-prestigious-isct-conference [SID1234632750]). The team briefed an expert cell therapy audience on two abstracts in a move Yatomi-Clarke believes exemplifies the Prescient pipeline’s utility and innovation. The CEO says there’s plenty of news to come in FY24 as Prescient readies CellPryme and OmniCAR for clinical studies.

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Panbela Announces Pricing of Approximately $8.5 Million Public Offering

On June 16, 2023 Panbela Therapeutics, Inc. (Nasdaq: PBLA), a clinical stage company developing disruptive therapeutics for the treatment of patients with urgent unmet medical needs, reported the pricing of a public offering of (i) 2,270,000 shares of its common stock or pre-funded warrants in lieu thereof and (ii) two classes of warrants to purchase up to an aggregate of 4,540,000 shares of its common stock (the "Public Warrants") at a purchase price of $3.75 per share and associated Public Warrants (Press release, Panbela Therapeutics, JUN 16, 2023, View Source;utm_medium=rss&utm_campaign=panbela-announces-pricing-of-approximately-8-5-million-public-offering [SID1234632749]). The Public Warrants will have an exercise price of $3.75 per share, are exercisable upon issuance, and will expire five years following the date of issuance. The offering is expected to close on or about June 21, 2023, subject to customary closing conditions.

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Roth Capital Partners is acting as sole placement agent of the offering.

Gross proceeds, before deducting placement agent fees and commissions and offering expenses, are expected to be approximately $8.5 million. The Company intends to use the net proceeds from the proposed offering for the continued clinical development of its product candidates, working capital, business development and other general corporate purposes, which may include repayment of debt.

The securities described above are being offered pursuant to a registration statement on Form S-1 (File No. 333-271729), as amended, that was declared effective by the U.S. Securities and Exchange Commission ("SEC"), on June 15, 2023. The offering is being made solely by means of a prospectus. Copies of the accompanying prospectus relating to and describing the terms of the offering may be obtained, when available, at the SEC’s website at www.sec.gov or by contacting Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660 or by email at [email protected].

This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Any offer, if at all, will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.

Navidea Biopharmaceuticals, Inc. Announces Distribution of Series K Preferred Stock to Holders of its Common Stock

On June 16, 2023 Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, reported that its Board of Directors declared a dividend of one one-thousandth of a share of newly designated Series K Preferred Stock, par value $0.001 per share, for each outstanding share of the Company’s common stock held of record as of 5:00 p.m (Press release, Navidea Biopharmaceuticals, JUN 16, 2023, View Source [SID1234632748]). Eastern Time on June 27, 2023. The shares of Series K Preferred Stock will be distributed to such recipients at 5:00 p.m. Eastern Time on June 27, 2023. The outstanding shares of Series K Preferred Stock will vote together with the outstanding shares of the Company’s common stock, as a single class, exclusively with respect to a reverse stock split and will not be entitled to vote on any other matter, except to the extent required under the Delaware General Corporation Law. Subject to certain limitations, each outstanding share of Series K Preferred Stock will have 1,000,000 votes per share (or 1,000 votes per one one-thousandth of a share of Series K Preferred Stock).

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All shares of Series K Preferred Stock that are not present in person or by proxy at the meeting of stockholders held to vote on the reverse stock split as of immediately prior to the opening of the polls at such meeting will automatically be redeemed by the Company. Any outstanding shares of Series K Preferred Stock that have not been so redeemed will be redeemed if such redemption is ordered by the Company’s Board of Directors or automatically upon the approval by the Company’s stockholders of an amendment to the Company’s certificate of incorporation effecting the reverse stock split at such meeting.

The Series K Preferred Stock will be uncertificated, and no shares of Series K Preferred Stock will be transferable by any holder thereof except in connection with a transfer by such holder of any shares of the Company’s common stock held by such holder. In that case, a number of one one-thousandths of a share of Series K Preferred Stock equal to the number of shares of the Company’s common stock to be transferred by such holder would be transferred to the transferee of such shares of common stock.

Further details regarding the Series K Preferred Stock will be contained in a report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.