Curis Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

On January 5, 2024 Curis, Inc. (NASDAQ: CRIS), a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer, reported that on January 2, 2024, the independent Compensation Committee of the Board of Directors of Curis approved the grant of inducement stock options to purchase a total of 5,800 shares of Curis common stock to a new employee, with a grant date of January 2, 2024 (the "Q1 2024 Inducement Grant") (Press release, Curis, JAN 5, 2024, View Source [SID1234639006]).

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The Q1 2024 Inducement Grant has an exercise price per share equal to the closing price of the Company’s common stock on January 2, 2024. The stock option has a 10 year term and vests over four years, with 25% of the original number of shares underlying the award vesting on the first anniversary of the employee’s date of hire and an additional 6.25% of the original number of shares underlying the award vesting on each successive three-month period thereafter, subject to the employee’s continued service with the Company through the respective vesting dates. The stock option was granted as an inducement equity award outside of the Company’s Fourth Amended and Restated 2010 Stock Incentive Plan and was made as an inducement material to the employee’s acceptance of employment with the Company.

Bexion Pharmaceuticals, Inc. to Present at Biotech Showcase 2024

On January 5, 2024 Bexion Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company developing a new generation of biologic therapy to treat solid tumor cancers and chemotherapy-induced peripheral neuropathy (CIPN), reported that the Company will present at Biotech Showcase 2024 during the J.P. Morgan 42nd Annual Healthcare Conference week (Press release, Bexion, JAN 5, 2024, View Source [SID1234639005]). Biotech Showcase 2024 will be held in-person, from January 8-10, 2024, in San Francisco, CA.

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Presentation Details:
Date: Monday, January 8, 2024
Time: 3:00 pm PT
Location: Hilton San Francisco – Union Square
Track: Franciscan A (Ballroom Level)

Scott Shively, CEO and President of Bexion Pharmaceuticals, and Joyce LaViscount, Chief Financial Officer of Bexion Pharmaceuticals, will attend the conference. Additionally, the Bexion management team will host one-on-one meetings with potential investors in San Francisco from January 8-11, 2024. If you would like to schedule a meeting, please reach out to the Company’s Investor Contact below.

Corporate Overview

On January 5, 2024 AnaptysBio presented its corporate presentation (Presentation, AnaptysBio, JAN 5, 2024, View Source [SID1234639004]).

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Anocca Secures GMP Manufacturing License To Push Novel KRAS TCR-T Cell Therapies Into Clinical Development

On January 4, 2024 Anocca AB, a leading TCR-T[1] cell therapy company, reported it has received a certificate of good manufacturing practice (GMP) compliance from the Swedish Medical Product Agency for its in-house cell therapy manufacturing facility (Press release, Anocca, JAN 4, 2024, View Source [SID1234655350]).

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The manufacturing license paves the way for Anocca’s near-term path to the clinic and long-term strategy to advance franchises[2] of precision targeted cell therapies for different cancers and covering diverse patient populations. Anocca has built validated asset franchises against valuable cancer targets including KRAS, PRAME and MAGE, with more than 40 preclinical assets in the pipeline.

GMP certification of our in-house facility is a crucial milestone that allows us to confidently deploy the first of many TCR-T cell therapies into the clinic. The patients we are addressing have immense unmet medical need, and TCR-T is a therapeutic modality with the potential to transform patient outcomes."
Reagan Jarvis, Co-founder, and CEO, Anocca

Anocca’s lead franchise of TCR-T therapies target KRAS driver mutations which are responsible for extremely aggressive forms of cancer. These TCR-T products will be manufactured using a next-generation autologous approach that leverages non-viral gene editing to insert Anocca’s therapeutic TCR into a patient’s own T cells. Anocca will initiate its first clinical program in hard-to-treat solid tumour indications with TCR-T therapies across multiple KRAS mutation forms and patient segments.

Our approach allows us to precisely map high-value but unexploited solid tumour targets such as KRAS and then fine-tune Anocca’s investigational TCR-T products against them. Next generation non-viral gene editing offers the precision and efficiency needed to scale out the manufacture of our broad TCR-T franchises
Hugh Salter, Chief Scientific Officer (CSO), Anocca.

CatenaBio Selected to Present on its Next Generation Platform and Multi Payload Conjugates (MPC®) at the Berkeley Bio Startup Showcase @JPM

On January 04, 2024 CatenaBio, a biotechnology company pioneering protein conjugation technologies for novel therapeutic development, reported that it has been selected by the Innovative Genomics Institute, a joint effort between UC Berkeley and UC San Francisco, to present on its proprietary CysTyr Conjugation platform at the Berkeley Bio Startup Showcase during the J.P. Morgan Healthcare Conference in San Francisco on Tuesday, January 9, 2024 (Press release, CatenaBio, JAN 4, 2024, View Source [SID1234649784]).

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CatenaBio was founded to develop novel therapeutics by forming never-before-possible structures enabled by its proprietary technology, which can modify and combine proteins with unmatched selectivity. The company’s CysTyr platform utilizes the novel Catenase enzyme, engineered to selectively attach tyrosine residues with cysteine residues to form the proprietary C-Y Bond. Catena is developing a first-in-class pipeline of Multi Payload Conjugates (MPC) to deliver targeted combination therapies designed to overcome tumor resistance and potentially lead to superior efficacy and toxicity profiles.

"2023 has been a productive year for the CatenaBio team, and we look forward to sharing new data on the potential of our pioneering protein conjugation technologies with the life sciences community who will be gathered in the Bay Area for the annual J.P. Morgan Healthcare Conference," said Marco Lobba, PhD, co-founder and CEO of CatenaBio. "We believe that Multi-Payload Conjugates represent the next evolution in ADC design, enabling the combination of multiple mechanisms of action in a single antibody, opening new possibilities in improved patient outcomes in oncology."

CatenaBio recently unveiled study results (Abstract PO5-27-10) at the 2023 San Antonio Breast Cancer Symposium, highlighting the successful utilization of its CysTyr Conjugation platform to create a modular library of MPCs. Tested in vitro across multiple HER2+ cell lines, the MPCs demonstrated improved efficacy compared to the current standard of care, DS8201a (T-DXd). The innovative C-Y Bond utilized in these MPCs, relying on naturally occurring amino acids, showed improved stability in serum, potentially enhancing safety and efficacy.

"Combination chemotherapies have been the standard of care for decades in oncology, but the industry has lacked a conjugation technology that allows multiple payloads on the same antibody while allowing for the union of complex next-generation cargo," said Rick Kendall, PhD, Chief Science Officer at CatenaBio. "The greater stability of Catena’s C-Y Bond and well-defined drug-to-antibody ratio offers the potential of incorporating payloads with differentiated MOAs to create more efficacious targeted therapies capable of bypassing cancer resistance mechanisms."

The Berkeley Bio Startup Showcase @JPM event will take place on Tuesday, January 9th from 4:00 – 6:00 PM at 111 Minna Gallery in San Francisco. Registration information can be found online at: View Source

"CatenaBio is honored to be part of this year’s Berkeley Bio Startup Showcase and to represent the incredible innovation that has been born out of the University of California," said Saurabh Johri, Chief Business Officer at Catena. "We are seeing increased interest and deal activity from big pharma to apply our technology across diverse modalities and look forward to sharing important updates about our progress with investors and potential partners who continue to show excitement about our ability to synthesize and create novel therapeutics."