Maru-TS Bio jointly develops CAR-NK

On June 14, 2023 Maru Therapeutics reported the company signed a business agreement with TS Bio on May 8 for joint research and development of CAR-NK cell therapy (Press release, Maru Therapeutics, JUN 14, 2023, View Source [SID1234643988]). Accordingly, the two companies plan to establish a strategy for the development of blood-based CAR-NK cell therapy and begin full-scale cooperation for (non-)clinical research.

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Cell manufacturing (CMO) during the joint research and development process between the two companies is planned to be carried out at TS Bio’s central research center at the GMP level.

Maru Therapeutics CEO Sangman Ahn said, "Maru’s innovative platform technology has the scalability to be applied to various immune cells and carcinomas," and added, "Through this collaboration, we will not only expand our R&D area with TS Bio, but also accelerate development." "We will accelerate it," he said.

June 14, 2023 – T-CURE BIOSCIENCE ANNOUNCES DR. GANG ZENG GUEST SPEAKER AT TWO UPCOMING IMMUNOTHERAPY SUMMITS

On June 14, 2023 T-Cure Bioscience, Inc., a privately held company focused on developing T cell receptor (TCR) therapy products for the treatment of solid tumors, reported that the management will present virtually at the following upcoming healthcare conferences (Press release, T-Cure Bioscience, JUN 14, 2023, View Source;utm_medium=rss&utm_campaign=june-14-2023-t-cure-bioscience-announces-dr-gang-zeng-guest-speaker-at-two-upcoming-immunotherapy-summits-2 [SID1234632775]):

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11th Annual Immuno-oncology Summit, August 7-9th in Boston

"Emerging Cell-based Immunotherapies" venue on Aug 8. Brochure PDF – https://immuno-oncologysummit.com/docs/librariesprovider48/brochures/23/Immuno-Oncology-Summit-Final-Brochure-2023.pdf

8th CAR-TCR Summit, Aug 29th-Sept 1st in Boston

"De-risking TCRs to Ensure Safety". Find out more here: View Source #CARTCR #immunotherapy #celltherapy #celltherapies #cellandgene #immunology

LAVA THERAPEUTICS PROVIDES UPDATES ON CLINICAL PROGRAMS AND EXTENDS THE CASH RUNWAY

On June 14, 2023 LAVA Therapeutics N.V. (Nasdaq: LVTX), a clinical-stage immuno-oncology company focused on developing its proprietary Gammabody platform of bispecific gamma-delta T cell engagers, reported its decision to rationalize its pipeline and prioritize its lead solid tumor program (Press release, Lava Therapeutics, JUN 14, 2023, View Source [SID1234632728]). The Company will continue to advance LAVA-1207, its Gammabody program designed to target the prostate-specific membrane antigen (PSMA) as well as earlier stage programs. The ongoing clinical trial of LAVA-051 targeting CD1d expressing hematological tumors, including multiple myeloma (MM), chronic lymphocytic leukemia (CLL), and acute myeloid leukemia (AML) will be discontinued (NCT04887259).

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LAVA-051 was being evaluated in an open-label, muti-center Phase 1/2a clinical trial in patients with relapsed or refractory CLL and MM to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, immunogenicity, and preliminary anti-tumor activity of LAVA-051. The decision to discontinue LAVA-051’s clinical trial follows a recent review of the competitive landscape that has continued to evolve. The decision is not due to safety concerns.

"We started this trial to investigate the potential for a bispecific gamma-delta T cell engager to help patients with hematological malignancies. We are pleased the trial data to date showed a favorable safety profile, gamma delta T cell activation, and early signals of potential anti-tumor activity in CLL and MM," said Steve Hurly, chief executive officer at LAVA. "However, there have been significant advancements in the treatment of multiple myeloma and chronic lymphocytic leukemia. As a result, we have decided to discontinue this trial and focus our resources on LAVA-1207, partnered programs, and our pipeline. This is a decision to prioritize our programs with the greatest potential to benefit patients. We are grateful to the patients, their families, and the investigators who participated in the trial and contributed to this research on the Gammabody platform. We garnered a lot of knowledge from this trial and are resolute in our commitment to apply these learnings to the Gammabody platform, to contribute to the development of immuno-oncology products to treat patients with cancer in areas of unmet need."

LAVA-1207 is a Gammabody designed to target the prostate-specific membrane antigen (PSMA) to trigger the potent and preferential killing of PSMA-positive tumor cells in patients with metastatic castration-resistant prostate cancer (mCRPC). The ongoing Phase 1/2a study of LAVA-1207 in patients with therapy refractory mCRPC has thus far demonstrated a favorable safety profile as well as preliminary signs of anti-tumor activity with disease stabilization and PSA reduction during dose escalation in this heavily pretreated patient population.

Dr. Charles Morris, LAVA’s Chief Medical Officer, added, "We are excited about the potential for LAVA-1207 in patients with mCRPC. Immunotherapies have yet to firmly establish a role in the treatment of mCRPC and there is a clear unmet need for new therapies in patients who have progressed on currently approved treatments. Enrollment in our Phase 1/2a study of LAVA-1207 has been encouraging and we remain optimistic about the potential for the Gammabody platform."

The Company expects that the discontinuation of this LAVA-051 trial and its focus on the LAVA-1207 program will result in cost savings that will extend its cash runway further into 2026.

Astellas and Cullgen Enter into Strategic Collaboration and Option Agreement to Advance Innovative Targeted Protein Degraders

On June 14, 2023 Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, "Astellas") and Cullgen Inc. (President and CEO: Ying Luo, Ph.D., "Cullgen") reported a research collaboration and exclusive option agreement to discover multiple innovative protein degraders (Press release, Astellas, JUN 14, 2023, View Source [SID1234632719]).

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Under the terms of the agreement, the two companies aim to develop multiple targeted protein degraders by combining Cullgen’s proprietary uSMITE targeted protein degradation platform featuring novel E3 ligands with Astellas’ drug discovery capabilities. Cullgen and Astellas will collaboratively conduct joint research to identify clinical development candidates. Astellas will then have an exclusive option of exclusively license the rights for clinical development and commercialization of the protein degrader compounds identified during the research activities. Cullgen will have the option during the initial stages of clinical development to participate equally in the costs, profits and losses, and to co-promote partnered products in the U.S. for the lead program, previously identified by Cullgen as a cell cycle protein degrader for the treatment of breast cancer and other solid tumors.

"Targeted Protein Degradation is one of the Primary Focuses of Astellas*1," said Adam Pearson, Chief Strategy Officer at Astellas. "We hope this collaboration will bring synergies between the two companies’ cutting-edge research, and will ultimately lead to the expansion of Astellas’ portfolio and development of new therapeutics for patients with significant unmet medical needs."

"We are excited to enter into this strategic collaboration with Astellas using our novel E3 ligands which we discovered in-house," Ying Luo, President and CEO at Cullgen said, "We are looking forward to working with Astellas to advance more targeted protein degraders into clinical development."

Astellas will provide Cullgen an upfront payment of $35M USD. Cullgen is also entitled to receive an additional $85M USD upon Astellas’ exercise of the license option with respect to the lead program. Total compensation to Cullgen could exceed $1.9 billion if Astellas exercises all of its license options and all milestones for all programs are achieved. Cullgen is also eligible to receive royalty payments from Astellas on any potential commercial sales.

Amneal Receives 505(b)(2) NDA Approval from FDA for PEMRYDI RTU®, a Ready-to-Use Oncology Injectable

On June 14, 2023 Amneal Pharmaceuticals, Inc. (NYSE: AMRX) ("Amneal" or the "Company") reported the 505(b)(2) New Drug Application (NDA) approval from the U.S. Food and Drug Administration ("FDA") for PEMRYDI RTU (Press release, Amneal Pharmaceuticals, JUN 14, 2023, View Source [SID1234632713]). This product is the first and only ready-to-use presentation of pemetrexed for injection and does not require reconstitution, dilution, or refrigeration. This injectable will be available in three vial sizes: 100mg/10mL; 500 mg/50mL; and 1,000mg/100mL. The Company expects to launch this product in the first quarter of 2024 with a J-Code from the Centers for Medicare & Medicaid Services.

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"We believe PEMRYDI RTU, the first ready-to-use version of a key oncology injectable, will offer a meaningful advantage in this improved presentation. By eliminating formulation steps common with other pemetrexed products, we are improving provider efficiencies while reducing the risk for medication errors. This approval represents another high-value product for our growing injectables portfolio which we expect to launch with a J-code for PEMRYDI RTU," said Harsher Singh, SVP of Amneal Biosciences.

PEMRYDI RTU is indicated, in combination with pembrolizumab and platinum chemotherapy, for the initial treatment of patients with metastatic non-squamous non-small cell lung cancer with no EGFR or ALK genomic tumor aberration and for initial treatment, in combination with cisplatin, of patients with malignant pleural mesothelioma whose disease is unresectable or who are otherwise not candidates for curative surgery.

Adverse effects reported with PEMRYDI RTU include myelosuppression, renal failure, skin toxicity, and radiation recall. For full prescribing information, see package insert located here.

According to IQVIA, U.S. annual sales for pemetrexed for the 12 months ended March 2023 were $532 million.