Oncopeptides’ PORT study shows peripheral administration of Pepaxti being equally safe as central venous administration

On March 1, 2024 Oncopeptides reported that a new article analyzing scientific data on melflufen, marketed in Europe as Pepaxti, was recently published in the peer-reviewed medical journal Clinical Lymphoma, Myeloma & Leukemia (Press release, Oncopeptides, MAR 1, 2024, View Source [SID1234646779]). The results provide further evidence that administration via peripheral venous catheter (PVC) is well tolerated with no local infusion-related reactions or new safety signals and may represent an alternative route of administration.

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The full article can be found here.

Following the recently finalized Type IB variation process, Pepaxti was recently approved for PVC administration within the EU, which was a feature particularly sought after by doctors in Germany, as it is a preferred method by many patients compared to the previously used central venous catheter (CVC) administration.

The phase 2 PORT study is an open-label, randomized, cross-over study which compared pharmacokinetics, safety and tolerability of peripheral or central intravenous administration of melflufen in combination with dexamethasone in patients with relapsed refractory multiple myeloma who had received at least two lines of prior therapy and were refractory to a proteasome inhibitor and an immunomodulatory drug.

"By allowing more choices for route of administration, we allow patients and their doctors more flexibility when using Pepaxti, supporting our ambition to provide as many patients as possible with a safe, efficient drug that maintains a high level of quality of life," says Stefan Norin, Chief Medical Officer at Oncopeptides.

For more information, please see questions and answers for investors, below.

Questions and Answers for investors

What is this?
Oncopeptides, like most other biotech companies conducting medical research, from time to time publish medical data in established scientific journals, such as Clinical Lymphoma, Myeloma & Leukemia, or at medical congresses. These articles and presentations are primarily aimed at healthcare professionals.

The article referenced above is referencing a clinical study showing that CVC and peripheral venous catheter (PVC) administration of melflufen were bioequivalent.

What does this data mean for physicians?
Providing multiple administration options for drugs to treat severe conditions like multiple myeloma can improve patient care by offering more personalized, safer, and convenient treatment pathways, ultimately contributing to better treatment adherence and outcomes.

What does this data mean to Oncopeptides?
The company has received feedback from particularly German doctors asking for the possibility to add PVC as an administration option. This could potentially mean that more patients can be treated with their preferred way of administration, and with time support a higher patient uptake.

What are medical journals?
Medical journals refer to written documents that present research findings, case studies, reviews, and other scientific information in the field of medicine. They are often published in scientific journals after undergoing a rigorous peer-review process.

Why are they important for a biotech company such as Oncopeptides?
Medical publications help to establish credibility, promote transparency, and provide valuable evidence for the efficacy and safety of treatments or interventions. By sharing research findings and clinical experiences, companies can contribute to the broader medical knowledge base, influencing patient care and industry standards.

What was the type IB process you refer to?
As Oncopeptides communicated on September 28, 2023, the company has decided to not extend its indication for Pepaxti into earlier lines of treatment. Despite the company not having an intention to expand the indication, the European Commission approved the application to do so. To address this, Oncopeptides in December submitted a so called type IB-variation to remove the new indication from the product information, ultimately leading to the same intended outcome. This process has now been finalized, with the added benefit that peripheral administration is a method of administration in the officially approved conditions of use a medicine, a feature sought after by doctors in Germany.

Do these publications affect product development?
The data from research and clinical trials, when published, can provide insights into the development of new drugs or new indications for existing ones. They can also guide the direction of future research projects.

How do healthcare professionals use these publications?
Healthcare professionals rely on medical publications to stay updated on the latest research, innovative techniques, and best practices. This knowledge helps them make informed decisions about patient care and treatment choices.

Can the general public access these publications?
It depends on the publication. While many medical journals require subscriptions, there are open-access journals and resources where research is freely available. The article in question is free to access.

Why is the peer-review process in medical publications crucial?
Peer review ensures that the research presented in the publication is of high quality, scientifically sound, and free from biases. Experts in the field evaluate the research, which helps maintain the credibility and trustworthiness of the findings.

How do medical publications benefit patients?
By driving advancements in medical science, these publications play a role in the development of newer, safer, and more effective treatments. When healthcare companies share their findings, it speeds up the dissemination of crucial information, ultimately leading to better patient outcomes.

Entry into a Material Definitive Agreement

On March 1, 2024, C4 Therapeutics, Inc. ("C4T") reported to have entered into a Research Collaboration and License Agreement ("License Agreement") with Merck KGaA, Darmstadt, Germany ("MKDG"), which operates its healthcare business as EMD Serono in the U.S. and Canada, to exclusively discover two targeted protein degraders against critical oncogenic proteins that C4T has progressed within its internal discovery pipeline (Filing, C4 Therapeutics, MAR 1, 2024, View Source [SID1234641009]).

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Pursuant to the terms of the License Agreement, C4T grants MKDG a worldwide, exclusive license under certain of C4T’s intellectual property rights to discover two targeted protein degraders against critical oncogenic proteins. MKDG is responsible for all development, regulatory approval, manufacturing and commercialization costs. Under the terms of the License Agreement, MKDG has agreed to make an upfront cash payment of $16.0 million and will fund C4T’s discovery research efforts. C4T is eligible to receive approximately $740 million in aggregate in discovery, regulatory, and commercial milestone payments across the collaboration, plus tiered royalties on net sales. Royalties payable from MKDG to C4T range from mid-single digit to low-double digit percent, subject to reductions under certain circumstances as described in the License Agreement.

Under the License Agreement, the royalty term for all contemplated royalties shall terminate on a product-by-product and country-by-country basis on the latest of (i) the ten (10) year anniversary of the first commercial sale of such product in such country, and (ii) the expiration of the last-to-expire licensed patent that covers such product in such country.

The License Agreement includes customary representations and warranties, covenants and indemnification obligations for a transaction of this nature. The License Agreement became effective upon signing and will continue until all of MKDG’s applicable payment obligations under the License Agreement have been performed or have expired, or the agreement is earlier terminated. Under the terms of the License Agreement, each of C4T and MKDG has the right to terminate the License Agreement for material breach by, or insolvency of, the other party. MKDG may also terminate the License Agreement in its entirety, or on a product-by-product or country-by-country basis, for convenience upon sixty (60) days’ notice.

The foregoing description of the License Agreement is only a summary and is qualified in its entirety by reference to the License Agreement, a copy of which C4T intends to file as an exhibit to C4T’s Quarterly Report on Form 10-Q for the period ending March 31, 2024.

NeoGenomics to Participate in the TD Cowen 44th Annual Health Care Conference

On March 1, 2024 NeoGenomics, Inc. (NASDAQ: NEO), a leading oncology testing services company, reported the company will participate in the upcoming TD Cowen 44th Annual Health Care Conference in Boston, Massachusetts (Press release, NeoGenomics Laboratories, MAR 1, 2024, View Source [SID1234640712]).

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Members of NeoGenomics’ management team will participate in a fireside chat on Tuesday, March 5th at 9:10 a.m. ET. A live and archived audio webcast of the presentation will be available on the "News, Events, and Webcasts" tab via the Investor Relations section of the Company’s website at ir.neogenomics.com.

ROME Therapeutics to Participate in the TD Cowen 44th Annual Health Care Conference

On March 1, 2024 ROME Therapeutics, a biotechnology company harnessing the power of the dark genome to develop breakthrough medicines for serious diseases, reported that Rosana Kapeller, M.D., Ph.D., President, CEO and Co-founder of ROME, and other members of the ROME Senior Leadership Team will participate in the TD Cowen 44th Annual Health Care Conference on Wednesday, March 6, 2024, in Boston, Massachusetts (Press release, Rome Therapeutics, MAR 1, 2024, View Source [SID1234640711]).

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Immunome to Participate in the TD Cowen 44th Annual Healthcare Conference

On March 1, 2024 Immunome, Inc. (Nasdaq: IMNM), a biotechnology company focused on developing first-in-class and best-in-class targeted cancer therapies, reported that Clay Siegall, PhD, President and CEO of Immunome, will participate in a targeted oncology panel at the TD Cowen 44th Annual Health Care Conference on Tuesday, March 5, 2024 at 12:50 p.m. ET (Press release, Immunome, MAR 1, 2024, View Source [SID1234640710]).

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Interested parties can access the live audio webcast for this conference from the Investor Relations section of the company’s website at www.immunome.com. The webcast replay will be available after the conclusion of the live presentation for approximately 30 days.