Diakonos Oncology Completes Phase 1 Glioblastoma Trial Recruitment; Receives FDA Orphan Drug Designation

On January 2, 2024 Diakonos Oncology Corporation ("Diakonos"), a clinical stage immuno-oncology company, reported that it has completed enrollment for its Phase 1 trial of DOC1021, a unique dendritic cell vaccine, for Glioblastoma Multiforme (GBM). With the first patient enrolled in October 2021, DOC1021 has been administered to 16 patients across four dose levels (Press release, Diakonos Oncology, JAN 2, 2024, View Source [SID1234638888]).

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To date, DOC1021 appears to be very safe and well tolerated as there have been no attributable serious adverse events observed from DOC1021. Additionally, 13 out of 16 patients remain alive today with the vast majority of patients still progression free.

"Completing the Phase 1 trial with both strong safety and efficacy signals was a critical step towards providing DOC1021 to all GBM patients," said Mike Wicks, Chief Executive Officer of Diakonos, "Our focus now shifts towards manufacturing optimization underway with Cellipont Bioservices and enrolling additional sites for the upcoming Phase 2 trial."

Additionally, DOC1021 also received Orphan Drug designation from the U.S. Food and Drug Administration (FDA) for malignant glioma, including treatment of newly diagnosed/refractory glioblastoma multiforme (GBM).

"Receiving the Orphan Drug Designation from the FDA is a valuable addition to our existing Fast Track Designation as it indicates that the cell therapy may be more broadly applicable to other oncological indications," said Ian Bellayr, PhD, Chief Regulatory Officer of Diakonos, "As we continue to accumulate more safety and efficacy data with time, Diakonos will continue to leverage other FDA programs to expedite development."

The FDA orphan drug designation provides seven years of marketing exclusivity along with other incentives such as tax credits, user fee waivers and federal grants to support clinical trials.

GBM is the most common and lethal malignant brain tumor with an annual incidence of 3.19 per 100,000 persons in the U.S. Despite aggressive management, median survival remains between 15 – 21 months with only 7% of patients surviving more than five years.

Diakonos’ dendritic cell vaccines are made with a patient’s dendritic cells and a sample of their tumor. This unique approach allows targeting of the complete cancer antigen profile without any genetic modification of the patient’s immune cells. Based on a discovery on how dendritic cells detect viral threats, the vaccines harness a natural immune response that targets and eliminates cancer cells as if they were virally infected.

Diakonos research indicates this approach generates a strong killer T cell response and stimulates immunological memory aimed at preventing the cancer’s recurrence. In addition to the Phase 1 trial of DOC1021 for GBM (NCT04552886), the company has two other vaccines in clinical development for pancreatic cancer (NCT04157127) and angiosarcoma (NCT05799612).

Arsenal Biosciences to Present at the 42nd Annual J.P. Morgan Healthcare Conference

On January 2, 2024 Arsenal Biosciences, Inc. (ArsenalBio), a clinical stage programmable cell therapy company engineering advanced CAR T-cell therapies for solid tumors, reported that Ken Drazan, MD, the company’s Chairman and Chief Executive Officer, will present a corporate update at the 42nd Annual J.P. Morgan Healthcare Conference on Tuesday, January 9, 2024, at 9:30 a.m. PT (Press release, ArsenalBio, JAN 2, 2024, View Source [SID1234638887]).

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Rocket Pharmaceuticals to Present at 42nd Annual J.P. Morgan Healthcare Conference

On January 2, 2024 Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet need, reported that Gaurav Shah, M.D., Chief Executive Officer, is scheduled to present at the 42nd Annual J.P. Morgan Healthcare Conference on Monday, January 8, 2024, at 3:45 p.m. PT (Press release, Rocket Pharmaceuticals, JAN 2, 2024, View Source [SID1234638886]).

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A webcast of the presentation will be available under "Events" in the Investors section of the Company’s website at View Source

AbbVie to Present at the 42nd Annual J.P. Morgan Healthcare Conference

On January 2, 2024 AbbVie (NYSE: ABBV) reported that it will participate in the 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10, 2024 (Press release, AbbVie, JAN 2, 2024, View Source [SID1234638885]). Robert A. Michael, president and chief operating officer, Scott T. Reents, executive vice president, chief financial officer, Jeffrey R. Stewart, executive vice president, chief commercial officer and Roopal Thakkar, M.D. senior vice president, development and regulatory affairs and chief medical officer, will present at 10:15 a.m. Central time.

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A live audio webcast of the presentation will be accessible through AbbVie’s Investor Relations website at investors.abbvie.com. An archived edition of the session will be available later that day.

MediLink Therapeutics Announces Worldwide Collaboration and License Agreement with Roche to develop next-generation antibody drug conjugate in Oncology

On January 2, 2024 MediLink Therapeutics ("MediLink"), reported that it has entered into a worldwide collaboration and license agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY) on the development of a next-generation antibody-drug conjugate candidate YL211, targeting c-Mesenchymal epithelial transition factor (c-Met) against solid tumors (Press release, Hoffmann-La Roche, JAN 2, 2024, View Source [SID1234638884]).

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Under the terms of the agreement, MediLink will grant Roche exclusive global rights for the development, manufacturing, and commercialization of MediLink’s ADC asset, YL211. MediLink will work together with Roche’s R&D unit China Innovation Center of Roche (CICoR) to initiate the Phase I clinical trial of YL211 and Roche will then take over the further development and commercialization globally. MediLink will receive upfront and near-term milestone payments totaling $50 million and, together with additional development, regulatory and commercial milestone payments potentially reaching a total deal value nearing $1 billion, as well as tiered royalties on future global annual net sales.

About YL211

YL211 is a next-generation antibody-drug conjugate specifically targeting c-Mesenchymal-epithelial transition factor (c-Met), which belongs to the receptor tyrosine kinase (RTK) family. c-Met is closely associated with tumor formation, aggressive growth, and metastasis, making it a critical target for treating epithelial-mesenchymal transition. Despite c-Met targeting therapies including ADCs showing efficacy for patients with solid tumors, there remains an opportunity to address the significant unmet medical need for patients by providing a better treatment option worldwide. YL211, currently at IND stage, utilizes MediLink’s latest generation TMALIN ADC platform technology, along with a highly specific c-Met antibody. It has demonstrated promising efficacy and safety in various preclinical tumor models and safety evaluation experiments.