NKGen Biotech, Inc. Announces Closing of Business Combination

On October 2, 2023 NKGen Biotech, Inc. ("NKGen" or the "Company"), a clinical-stage biotechnology company focused on the development and commercialization of innovative autologous, allogeneic, and CAR-NK natural killer ("NK") cell therapies, reported that it has closed its previously announced business combination with Graf Acquisition Corp. IV ("Graf"), pursuant to which NKGen became a wholly-owned subsidiary of Graf and Graf changed its name to NKGen Biotech, Inc (Press release, NKMax America, OCT 2, 2023, View Source [SID1234635565]). The business combination and all other proposals presented were approved at a special meeting of Graf’s stockholders held on September 25, 2023.

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Beginning today, October 2, 2023, NKGen’s common stock will begin trading on The Nasdaq Global Market under the ticker symbol "NKGN" and NKGen’s warrants will begin trading on The Nasdaq Capital Market under the ticker symbol "NKGNW."

"The dedicated team of NKGen could not be more excited and ready to become a NASDAQ-listed company," said Paul Y. Song, M.D., CEO of NKGen. "Our mission has always been about transforming the lives of patients and their families and we have remained focused on tackling some of society’s biggest healthcare challenges. Our team has worked tirelessly to optimize our natural killer cell therapy platform with the goal to bring both autologous and allogeneic programs to the clinic for neurodegenerative diseases and cancer, respectively. We believe that being a public company will help us accelerate our clinical plans and programs and we are grateful to the entire Graf team for being tremendous partners during a very challenging capital markets environment."

James Graf, CEO of Graf, has joined NKGen as its Interim Chief Financial Officer. James commented, "We are proud to partner with Paul and his team to bring NKGen to the public markets. NKGen is doing such important work to bring hope to those suffering from neurodegenerative and other diseases. I am excited to continue the journey with NKGen as their Interim Chief Financial Officer."

MonTa Biosciences treat the first patients with the highest dose of MBS8 ever

On October 2, 2023 MonTa Biosciences reported that in the last week of September 2023 the company dosed patient number 31 and 32 with the highest dose of MBS8 ever dosed to any human being (Press release, MonTa Biosciences, OCT 2, 2023, View Source [SID1234635564]).

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This was also to our knowledge the highest dose of a TL7 agonist ever administered to any patient to our knowledge. This is only possible due to the lipid formulation used for MBS8, which compared to benchmark compounds has shown an approximately 5-10 fold increase in therapeutic index. Not only show MBS8 better tolerability than benchmark compounds, it also has a much more potent antitumor activity in preclinical models, which we have high hopes will translate into benefits for patients with increased life span, tumor reductions and even complete cures.

Moleculin Doses First Subjects in Phase 2 Portion of Clinical Trial Evaluating Annamycin in Combination with Cytarabine (Ara-C) for the Treatment of Acute Myeloid Leukemia (AML)

On October 2, 2023 Moleculin Biotech, Inc., (Nasdaq: MBRX) (Moleculin or the Company), a clinical stage pharmaceutical company with a growing pipeline, including Phase II clinical programs, for hard-to-treat cancers and viruses, reported the initial subjects have been treated in the Phase 2 portion of the Company’s Phase Ib/II trial evaluating Annamycin in combination with Cytarabine (Ara-C) for the treatment of subjects with AML (MB-106) (Press release, Moleculin, OCT 2, 2023, View Source [SID1234635563])

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Walter Klemp, Chairman and Chief Executive Officer of Moleculin commented, "This milestone marks an important step in advancing the development of Annamycin for the treatment of AML. Based on the positive preliminary results demonstrated in the Phase 1B portion of this trial, we continue to believe that Annamycin has the potential to be a meaningful treatment option for the treatment of AML. Our team is dedicated to building on the momentum and encouraging results to bring this study across the finish line and towards late-stage development."

The Phase 1B/2 MB-106 trial is an open label trial that builds on the safety and dosage data from the two successfully concluded single agent Annamycin AML Phase 1 trials, MB-104 and MB-105, conducted in the U.S. and Europe, respectively.

As previously announced, Moleculin successfully and safely completed the Phase 1B portion of the trial at 230 mg/m2 of Annamycin in this combination study in August 2023. The total complete response (CR) or complete response with incomplete recovery of peripheral blood count (CRi) demonstrated in the Phase 1B portion of this combination trial was two out of six subjects or 33%. The median age of these subjects was 66 years of age. These data are preliminary and subject to change. In light of the safety and encouraging efficacy seen in the Phase 1B portion of this trial and the final (240 mg/m2) cohort of the MB-105 single agent trial, the safety review committee have concluded (and the Company concurs) that the Phase 2 portion will be conducted at the 230 mg/m2 level of Annamycin dosing.

Annamycin is the Company’s next-generation anthracycline that has been designed to be non-cardiotoxic and has been shown in animal models to accumulate in the lungs at up to 30-fold the level of doxorubicin (a commonly prescribed anthracycline), as well as demonstrating the ability to avoid the multidrug resistance mechanisms that typically limit the efficacy of doxorubicin and other currently prescribed anthracyclines. Annamycin is currently in development for the treatment of relapsed or refractory AML and soft tissue sarcoma (STS) lung metastases and the Company believes it may have the potential to treat additional indications.

Annamycin currently has Fast Track Status and Orphan Drug Designation from the US Food and Drug Administration (FDA) for the treatment of STS lung metastases and the treatment of relapsed or refractory AML. For more information about the MB-106 Phase 1/2 trial, visit clinicaltrialsregister.eu and reference EudraCT 2020-005493-10 or clinicaltrials.gov and reference NCT05319587.

Immix Biopharma Announces 72-Patient NXC-201 Clinical Data at the IMS 20th Annual Meeting, 95% Overall Response Rate in Multiple Myeloma

On October 2, 2023 Immix Biopharma Inc. (Nasdaq: IMMX) ("ImmixBio", "Company", "We" or "Us") reported the presentation of updated data from the ongoing Phase Ib/II NEXICART-1 (NCT04720313) study of its novel, autologous, BCMA-targeted chimeric antigen receptor T (CAR-T) cell therapy NXC-201 (Press release, Immix Biopharma, OCT 2, 2023, View Source [SID1234635562]). The updated dataset consists of 63 multiple myeloma patients (including data on 13 new patients and continued follow-up data on 50 previously enrolled patients), at a poster presentation at the 20th International Myeloma Society Annual Meeting in Athens, Greece on September 27-30, 2023 (72 patient count includes 9 AL Amyloidosis patients which will be announced separately).

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"We continue to be very encouraged by NXC-201 clinical results," said Polina Stepensky, M.D., Director of the Hadassah Medical Organization’s Department of Bone Marrow Transplantation and Immunotherapy for Adults and Children, and principal study investigator. "We feel these overall response rate data are compelling as 72% was the overall response rate reported for ABECMA from its pivotal 100-patient KarMMa trial in relapsed/refractory multiple myeloma. Additionally, we believe NXC-201 has demonstrated promise in the rapidly growing segment of BCMA-exposed relapsed/refractory multiple myeloma patients who are frequently excluded from CAR-T clinical trials."

Updated clinical data in 63 patients from the ongoing NEXICART-1 (NCT04720313) study of NXC-201 for the treatment of relapsed/refractory multiple myeloma are as of the July 17, 2023 data cut-off. Median follow-up was 11.9 months (range: 0.6-19.0 months). NXC-201 clinical data showed:

95% overall response rate (36 of 38 patients at the therapeutic dose of 800 million CAR+T cells) in relapsed/refractory multiple myeloma who were not exposed to prior BCMA-targeted therapy, producing a median progression free survival (mPFS) of 12.9 months
90% overall response rate (45 of 50 patients at the therapeutic dose of 800 million CAR+T cells) in relapsed/refractory multiple myeloma (including patients with, and without prior BCMA-targeted therapy)
58% complete response rate (29 out of 50 patients at the therapeutic dose of 800 million CAR+T cells) (including patients with, and without prior BCMA-targeted therapy)
Prior NXC-201 dose escalation levels included: 150 x 106 (n=6), 450 x 106 (n=7), and 800 x 106 (n=50) CAR+T cells. The overall response rates for each dose level were: 50%, 86%, and 90%, respectively
Favorable NXC-201 safety data support the potential for NXC-201, if ultimately approved, to reduce hospitalization, with an opportunity for use as outpatient CAR-T cell therapy, potentially reducing related hospitalization costs by up to 80%
"We continue on our path toward developing NXC-201 as a differentiated CAR-T therapy," said Gabriel Morris, Chief Financial Officer of Immix Biopharma. "The waiting lists at major academic medical centers in the United States for multiple myeloma CAR-Ts reflect unmet medical need. We believe that NXC-201 could provide patients, especially those exposed to a prior BCMA-targeted therapy, with an important treatment option and we look forward to next steps in our clinical program, led by our US IND filing, planned for Q4 2023."

"We are pleased to report on the consistent positive overall response rate and follow-up data from our 63-patient cohort at IMS," said Ilya Rachman, M.D. Ph.D., Chief Executive Officer of Immix Biopharma. "Industry data suggest that 95% of US medical centers do not offer CAR-T today due to its severe side effect profile. Favorable tolerability observed to date for NXC-201 suggest that, if approved, it could substantially reduce hospitalization from current practice and be largely used in an outpatient setting. This could meaningfully reduce hospital costs and enable NXC-201 CAR-T therapy to be widely adopted."

The 20th IMS multiple myeloma poster can be accessed on the ImmixBio corporate website at this link: View Source

Immix Biopharma Announces 72-Patient NXC-201 Clinical Data at the IMS 20th Annual Meeting, 95% Overall Response Rate in Multiple Myeloma.png

Immix Biopharma Announces 72-Patient NXC-201 Clinical Data at the IMS 20th Annual Meeting, 95% Overall Response Rate in Multiple Myeloma

Poster Presentation:

Event 20th International Myeloma Society Annual Meeting, Athens, Greece
Title "Safety and efficacy of a locally produced novel anti-BCMA chimeric antigen receptor T-cell (CART) (HBI0101) for the treatment of relapsed and refractory multiple myeloma"
Presentation
Date/Time (EEST)
September 27, 2023 9:00am – 14:30pm;
September 28, 2023 10:00 – 13:30pm;
September 29, 2023 9:30 – 14:15pm
About NEXICART-1

NEXICART-1 (NCT04720313) is an ongoing Phase 1b/2a, open-label study evaluating the safety and efficacy of NXC-201 (formerly HBI0101), in adults with relapsed/refractory multiple myeloma and relapsed/refractory AL amyloidosis.

The primary objective of the Phase 1b portion of the study was to characterize the safety and confirm the recommended Phase 2 dose (RP2D) and Phase 2 dose of NXC-201. The Phase 2 portion of the study will evaluate the efficacy and safety of NXC-201 with endpoints of overall survival, progression-free survival and response rates according to International Myeloma Working Group (IMWG) Uniform Response Criteria.

The Phase 1b portion of the ongoing Phase 1b/2a clinical trial has been successful in determining the recommended Phase 2 dose (RP2D) of 800 million CAR+T cells. The expected primary endpoints for the Phase 2 portion of the ongoing Phase 1b/2a clinical trial of NXC-201 in relapsed/refractory multiple myeloma are overall response rate and duration of response. ImmixBio plans to submit data to the FDA in multiple myeloma once 100 patients are treated with NXC-201. The expected primary endpoint for NXC-201 in relapsed/refractory AL Amyloidosis is overall response rate. ImmixBio plans to submit data to the FDA in AL amyloidosis once 30-40 patients are treated with NXC-201.

About NXC-201
NXC-201 (formerly HBI0101) is a BCMA-targeted investigational chimeric antigen receptor T (CAR-T) cell therapy that is being studied in a comprehensive clinical development program for the treatment of patients with relapsed or refractory multiple myeloma and AL amyloidosis.

About Multiple Myeloma
Multiple myeloma ("MM") is an incurable blood cancer of plasma cells that starts in the bone marrow and is characterized by an excessive proliferation of these cells. Despite initial remission, unfortunately, most patients are likely to relapse. There are 35,730 patients in the United States diagnosed with MM each year. Prognosis for patients who do not respond to or relapse after treatment with standard therapies, including protease inhibitors and immunomodulatory agents remains poor. The $13.9 billion Multiple Myeloma market in 2017 is expected to reach $28.7 billion in 2027 according to Wilcock, et al. Nature Reviews.

8-K – Current report

On October 2, 2023 iBioPharma presents its corporate presentation (Presentation, iBioPharma, OCT 2, 2023, View Source [SID1234635561]).

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