Asher Bio Announces Publications in Cancer Discovery Highlighting the Differentiated Profile of AB248, its CD8+ T Cell Selective IL-2 Product Candidate

On April 3, 2024 Asher Biotherapeutics, a biotechnology company developing precisely-targeted immunotherapies for cancer, autoimmune, and infectious diseases, reported the publication of two manuscripts in Cancer Discovery, a journal of the American Association for Cancer Research (AACR) (Free AACR Whitepaper), detailing the design of AB248 and reviewing preclinical data supporting its development as a potentially best-in-class interleukin-2 (IL-2) therapy (Press release, Asher Biotherapeutics, APR 3, 2024, View Source [SID1234641759]). The papers were authored by Asher Bio scientists and collaborators at The Netherlands Cancer Institute (NKI), respectively, and published online in Cancer Discovery on April 2, 2024.

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"We are delighted to announce the publication of preclinical data on AB248, our lead product candidate for the treatment of solid tumors, in a prestigious cancer research and medicine journal", said Andy Yeung, Chief Technology Officer of Asher Bio. "These co-published manuscripts are the culmination of several years of great collaboration between Asher Bio scientists and our academic co-founders, Dr. Ton Schumacher, of NKI, and Dr. Robert Schreiber, of Washington University School of Medicine, alongside our collaborator, Dr. Daniela Thommen, of NKI."

"With AB248, we set out to solve a major limitation of existing immune-based medicines – namely, the significant off-target effects that come from acting on multiple cell types simultaneously", commented Ivana Djuretic, Chief Scientific Officer of Asher Bio. "AB248 was designed to potently and selectively activate CD8+ T cells, which are responsible for driving anti-tumor activity, while avoiding NK cells and Tregs, which can act as a pharmacological sink, contribute to toxicities, and suppress the immune system more broadly. Preclinical data from the Asher Bio, Schreiber and Thommen labs together reinforce the power of AB248’s highly differentiated profile, showing an unprecedented level of selectivity for CD8+ T cells, as well as enhanced anti-tumor activity and improved tolerability, and further support the evaluation of AB248 in our ongoing Phase 1a/1b trial."

Preclinical Data Suggest AB248 Offers Improved Therapeutic Index and CD8+ T Cell Selectivity

In the first publication entitled, "CD8+ T cell-targeted IL-2 promotes robust effector T cell responses to mediate potent anti-tumor immunity," lead author Dr. Kelly Moynihan, Ph.D., Senior Director and Project Team Leader at Asher Bio, described the rationale for, and the design of, AB248, and reviewed nonclinical data suggesting AB248 offers an improved therapeutic index compared to broadly acting IL-2-based therapies.

While high dose IL-2 therapy is approved for the treatment of certain cancers, its clinical use is limited due to life-threatening toxicities. A next generation of IL-2 therapies, "not-α" IL-2s, were subsequently introduced to mitigate some of the liabilities associated with high dose IL-2 through binding the IL-2 α receptor, such as potent regulatory T cell (Treg) stimulation and vascular leak syndrome (VLS). To-date, however, these "not-α" IL-2 have not demonstrated a meaningful improvement in clinical efficacy and, while VLS appears mitigated, significant toxicities still occur. In preclinical studies, natural killer (NK) cells were responsible for toxicities following treatment with a not-α IL-2 therapy but did not contribute to anti-tumor activity. Asher Bio hypothesized that the therapeutic index of an IL-2 therapy could be improved by selectively targeting CD8+ T cells – which are critical effectors of antitumor immunity – while avoiding other cell types, such as non-specific, innate NK cells and immunosuppressive Treg cells.

Asher Bio systematically evaluated the properties needed for effective cis-targeting to CD8+ T cells and generated AB248, a CD8+ T cell selective IL-2. AB248 recapitulates key features of IL-2 biology, including induction of proliferation and enhancement of effector function, but does so selectively in CD8+ T cells across a wide range of concentrations in vitro and in vivo, with over 500-fold preference for CD8+ T cells compared to other cell types. Preclinical data demonstrate the potential of a CD8+ T cell selective IL-2 to improve the therapeutic index of IL-2 and support the advancement of AB248 into the clinic:

– In preclinical mouse models, a single dose of AB248’s murine surrogate (CD8-mIL2) demonstrated strongly improved anti-tumor activity and reduced toxicity compared to untargeted not-α IL-2 variants.

– Further, CD8-mIL2 drastically increased the number and function of tumor antigen specific T cells and induced a "better effector" population, with a signature consistent with high polyfunctionality and low exhaustion.

– Activity depended both on tumor-resident as well as newly infiltrating T cells on therapy.

– In non-human primates, treatment with AB248 induced potent and selective CD8+ T cell expansion. Treatment was generally well tolerated despite expansion of CD8+ T cells by 20-fold or more.

In summary, AB248 achieved substantial improvements in IL-2’s therapeutic index by selectively targeting all CD8+ T cells without the need to restrict signaling to the tumor site or a single CD8+ T cell subset.

Preclinical Data Support Evaluation of AB248 in Combination with Anti-PD-1 Therapy

In a paper entitled, "CD8-targeted IL-2 unleashes tumor-specific immunity in human cancer tissue by reviving the dysfunctional T cell pool," lead author Paulien Kaptein, Division of Molecular Oncology and Immunology at the NKI, reported new preclinical data supporting the evaluation of AB248 in combination with an immune checkpoint inhibitor in models utilizing ex vivo human tumor tissues from patients.

T cell-based immunotherapies are a groundbreaking approach to treating some cancers. However, a considerable portion of tumors characterized by T cell infiltration remain unresponsive to immune checkpoint blockade (ICB), suggesting a need for novel strategies to restore effector activity in tumor specific T cells. IL-2-based therapies have been identified as a promising strategy for enhancing T cell responses in ICB-resistant tumors. To evaluate this hypothesis, Asher Bio’s collaborators at the NKI performed a comprehensive analysis of T cell reinvigoration following treatment with AB248. Data show:

– Treatment with AB248 broadly armed human intratumoral CD8+ T cells with enhanced effector capacity, specifically enabling reinvigoration of the dysfunctional T cell pool to elicit potent immune activity.

– Tumor-specific T cells underwent broader and qualitatively superior activation with AB248 treatment compared to programmed death-1 (PD-1) blockade.

– AB248 generated an immunological response in tumors that did not show an immunological response to anti-PD-1, suggesting the presence of a tumor-reactive T cell pool targetable by AB248 that is not responsive to PD-1 blockade alone.

– Treatment with AB248 in combination with anti-PD-1 resulted in greater ex vivo responses, supporting the combination of AB248 and anti-PD-1 clinically.

"While immune checkpoint inhibitors are an incredibly powerful tool for treating certain cancers, many tumors don’t respond, underscoring the need for new agents that can reinvigorate exhausted T cells and make them susceptible to PD-1 blockade," said Daniela Thommen, M.D., Ph.D., Group Leader, Department of Molecular Oncology and Immunology at the Netherlands Cancer Institute and senior author on the NKI publication. "New preclinical data published today suggest that treatment with AB248 may stimulate T cells within tumors otherwise resistant to PD-1 therapy, offering a combination strategy that may extend the reach of immuno-oncology regimens across a range of solid tumors. I look forward to initial clinical data from Asher Bio’s ongoing Phase 1a/1b clinical trial, which includes a cohort evaluating AB248 in combination with an anti-PD-1 therapy."

Both publications are now available online through Cancer Discovery: View Source

About AB248

AB248 is a novel CD8+ T cell selective IL-2, generated by fusing a reduced potency IL-2 mutein to an anti-CD8β antibody. It was specifically engineered to selectively and potently activate CD8+ T-cells, while avoiding natural killer (NK) cells, which can act as a pharmacological sink and contribute to toxicity, and regulatory T (Treg) cells, which are immunosuppressive. In preclinical studies, AB248 exhibited an approximately 1,000-fold preference for the activation of CD8+ T cells over NK cells and Tregs. In preclinical murine tumor studies, AB248 demonstrated potent anti-tumor activity both alone and in combination with PD-1 checkpoint blockade in a wide variety of murine tumor models.

Asher Bio is currently evaluating AB248 in a Phase 1a/1b clinical trial, AB248-101. The trial consists of a dose escalation and expansion phase to investigate the safety, pharmacokinetics (PK), pharmacodynamics (PD), and anti-tumor activity of AB248 alone and in combination with pembrolizumab in subjects with locally advanced/metastatic solid tumors who failed prior therapies. Please refer to www.clinicaltrials.gov (NCT05653882) for additional details related to this Phase 1a/1b clinical trial.

Alterome Therapeutics Raises $132 Million in Series B Financing Led by Goldman Sachs Alternatives

On April 3, 2024 Alterome Therapeutics, Inc., a biopharmaceutical company pioneering the development of next generation, small molecule targeted therapies for the treatment of cancer, reported the closing of a $132 million Series B financing (Press release, Alterome Therapeutics, APR 3, 2024, View Source [SID1234641758]). Proceeds from the fundraise will be used to support the advancement of multiple wholly-owned pipeline programs into the clinic, including a highly specific AKT1 E17K inhibitor and a KRAS selective inhibitor.

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The financing was led by Goldman Sachs Alternatives, with participation by Canaan Partners, Invus, Driehaus Capital Management, Digitalis Ventures, Blue Owl Capital, and existing investors Orbimed, Nextech Invest, Vida Ventures, Boxer Capital, and Colt Ventures. Concurrent with the financing, Josh Richardson, M.D., a Managing Director within Life Sciences Investing at Goldman Sachs Alternatives, and Uwe Schoenbeck, a Partner at Canaan Partners, were named to the Board of Directors.

"We are pleased with a financing of this magnitude that enables Alterome to advance multiple programs into the clinic within the next 12 months," said Eric Murphy, Ph.D., co-founder and CEO of Alterome Therapeutics. "The precision oncology field has arrived at a special moment with the exciting evolution of both drug discovery and precision medicine. A unique integration of structure-guided drug discovery with deep translational biology is facilitating the development of novel therapies that address previously inaccessible proteins. We are thrilled to have the support of this visionary group of new and existing investors, who share our enthusiasm to face the challenge of targeting well-known cancer-causing mutations deemed undruggable for the previous 20 years."

Leveraging its Kraken platform, a structure-guided machine learning approach to drug discovery, the company is advancing a pipeline of precision, small molecule therapies targeting a broad spectrum of validated oncogenic targets. Alterome’s founding mission focused on mutation-selective and isoform-selective approaches designed to specifically target cancer cells over normal cells, enabling greater inhibition of key cancer drivers while simultaneously enhancing the therapeutic safety profile. The preclinical pipeline features a covalent AKT1 E17K mutation-selective inhibitor and a KRAS isoform-selective inhibitor targeting 90% of KRAS mutations including the most common mutations G12V and G12D. These two lead programs are designed for patients with limited treatment options and are expected to begin clinical testing over the next year.

"Alterome is advancing an exciting portfolio of therapies targeting validated oncogenic drivers, with clear paths to early clinical signals," said Dr. Josh Richardson, Managing Director within Life Sciences Investing at Goldman Sachs Alternatives. "Goldman Sachs is excited to join this exceptional group of investors to support the company in delivering a new class of precision oncology drugs that enable cancer patients to live longer and better lives."

Obsidian Therapeutics Announces Oversubscribed $160.5 Million Series C Financing to Drive OBX-115 Clinical Development

On April 03, 2024 Obsidian Therapeutics, Inc., a clinical-stage biotechnology company pioneering engineered cell and gene therapies, reported it has closed a significantly oversubscribed $160.5 million Series C financing with a top-tier syndicate of life science investors led by new investor, Wellington Management (Press release, Obsidian Therapeutics, APR 3, 2024, View Source [SID1234641757]). Additional new investors participating in the financing include Foresite Capital, Janus Henderson Investors, Novo Holdings A/S, Paradigm BioCapital, RTW Investments, funds and accounts advised by T. Rowe Price Associates, Inc., and Woodline Partners LP. Existing investors Atlas Venture, Blue Owl Healthcare Opportunities, Bristol Myers Squibb, Deep Track Capital, Logos Capital, RA Capital Management, TCGX, Samsara BioCapital and Surveyor Capital (a Citadel company) also participated in the financing.

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Proceeds from the financing will advance Obsidian’s lead engineered tumor-infiltrating lymphocyte (TIL) program, OBX-115, in its ongoing trials for patients with melanoma and non-small cell lung cancer (NSCLC). The Company is focused on enrolling patients and reaching key clinical and regulatory milestones, as well as manufacturing scale-up ahead of pivotal trial readiness.

The Company also announced the appointment of Ray Camahort, Ph.D., Partner in the Venture Investments group at Novo Holdings US, to its Board of Directors. "Obsidian’s engineered TIL cell therapy is highly differentiated and has the potential to bring transformational efficacy to patients with solid tumors," said Dr. Camahort. "We look forward to supporting Obsidian’s team on their journey to bring OBX-115 to additional patients."

"Wellington is excited to be supporting Obsidian through its next phase of growth, as the Company continues demonstrating the potential of OBX-115 to address the unmet need of patients with immune checkpoint inhibitor-resistant advanced or metastatic melanoma. The Company has been generating momentum with its novel cytoDRiVE technology and advancing OBX-115 into late-stage clinical trials," commented Irina Margine, Ph.D., Biotech Sector Lead at Wellington Management.

"The strong demand and support from this syndicate of premier investors is a testament to the promise of OBX-115 for patients with treatment-resistant advanced melanoma," said Madan Jagasia, M.D., M.S., Chief Executive Officer of Obsidian. "This financing provides funding through key clinical readouts in melanoma and is the catalyst to continue expanding OBX-115 into NSCLC, where there is significant potential and high unmet need."

About OBX-115

Obsidian’s lead investigational cytoTIL15 program, OBX-115, is a novel engineered tumor-derived autologous T cell immunotherapy (tumor-infiltrating lymphocyte [TIL] cell therapy) armored with pharmacologically regulatable membrane-bound IL15 (mbIL15). OBX-115 has the potential to become a meaningful therapeutic option for patients with advanced or metastatic melanoma and other solid tumors by leveraging the expected benefits of mbIL15 and Obsidian’s proprietary, differentiated manufacturing process to enhance persistence, antitumor activity, and clinical safety of TIL cell therapy. OBX-115 is being investigated in two ongoing and enrolling clinical trials in advanced or metastatic melanoma and NSCLC (NCT05470283 and NCT06060613).

Guardant Health to Present Data Highlighting Application of Epigenomics to Advance Precision Oncology at 2024 AACR Annual Meeting

On April 03, 2024 Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, reported it will present data from nine studies highlighting advances in methylation-based epigenomic analysis for precision oncology at the 2024 American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting, April 5-10 in San Diego (Press release, Guardant Health, APR 3, 2024, View Source [SID1234641756]).

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Multiple poster sessions will report on the utility of using the Guardant Infinity platform across the continuum of cancer care, ranging from predictive histologic subtyping of tumors to cardiac adverse event prediction. Data will also be presented demonstrating strong performance of Guardant Reveal for minimal residual disease (MRD) detection in breast cancer, allowing quantification of ctDNA even in early-stage disease without the need for a tissue specimen.

"We look forward to sharing new data at AACR (Free AACR Whitepaper), in particular studies demonstrating the potential for epigenomic analysis using the Guardant Infinity platform to advance cancer research," said Helmy Eltoukhy, Guardant Health chairman and co-CEO. "These presentations illustrate how epigenomics can unlock the mechanisms of cancer cell regulation that are invisible to genomic testing, allowing us to expand patient eligibility for clinical trials and contributing to targeted therapy development and better-informed patient care."

The Guardant Infinity smart liquid biopsy platform used in many of the studies combines genomic and epigenomic profiling to deliver multidimensional insights that allow researchers and clinicians to characterize and quantify cancer—in areas such as tumor heterogeneity, disease progression and treatment response. The epigenomic insights enable more personalized treatment strategies by increasing accuracy in minimal residual disease detection and monitoring through enhanced ctDNA detection and quantification, and by identifying new patients or predicting response to therapy through novel epigenomic biomarkers.

Full List of Guardant Health Presentations

Poster

Title


Product

Sunday, April 7 | 1:30 – 5:00 pm

406/6

Characterization of whole genome duplication in a genomic cohort of over 14000 cell free DNA samples


GuardantOMNI

969/10

Tumor-agnostic ctDNA monitoring in patients with metastatic HR+/HER2- breast cancer receiving first-line CDK4/6 inhibitor and endocrine therapy


Guardant Infinity

Monday, April 8 | 9:00 am – 12:30 pm

2390/5

Longitudinal assessment of circulating tumor DNA in patients with advanced colorectal cancer: A proposed general statistical framework and visualization tool


GuardantINFORM

2420/16

Evaluating circulating tumor DNA (ctDNA) as a prognostic biomarker utilizing a tissue-free epigenomic assay in early-stage triple negative breast cancer (TNBC)


Guardant Reveal

2490/7

Quantification of tumor fraction and outcomes association in a real-world non-small cell lung cancer (NSCLC) cohort using a tissue agnostic epigenomic circulating tumor DNA (ctDNA) assay


Guardant Infinity

Monday, April 8 | 1:30 – 5:00 pm

3499/21

Non-small cell lung cancer (NSCLC) histology classification using DNA methylation data captured from liquid biopsies


Guardant Infinity

3399/1

Prediction of cardiac adverse events (AE) in trastuzumab treated breast cancer patients (pts) via a comprehensive genomic and DNA methylation blood based assay


Guardant Infinity

3670/15

Reducing the patient burden for ctDNA biomarkers: Advancing small volume home-based collection technologies


Guardant360

Monday, April 8 | 3:05 – 3:20 pm Minisymposium – Oral Presentation

3888

TOP1 mutations mediate cross resistance to ADCs in metastatic breast cancer


GuardantOMNI

The full abstracts for Guardant Health and a list of all abstracts being presented at the meeting can be found at the AACR (Free AACR Whitepaper) website here.

For more information and updates from the meeting, follow Guardant Health on LinkedIn, X (Twitter) and Facebook or visit AACR (Free AACR Whitepaper) booth #3545.

Nimble Therapeutics Expands its Drug Discovery Capabilities to Advance Pipeline to the Clinic

On April 03, 2024 Nimble Therapeutics reported the opening of a second R&D site in Philadelphia, PA (Press release, Nimble Therapeutics, APR 3, 2024, View Source [SID1234641755]). The new site, located in B+Labs, a hub for scientific innovation in University City Philadelphia, will focus on progressing Nimble’s growing pipeline of orally-delivered peptide therapeutics into clinical development. The Philadelphia site will synergize with activities at Nimble’s main R&D site in Madison, WI, which is focused on leveraging its proprietary platform to optimize oral peptide therapeutics at unprecedented scale and speed.

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"This is a reflection of the growing maturity of our internal pipeline of orally-delivered peptide therapeutics, and the need to build additional capabilities as we progress candidates into the clinic."

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In addition to the new site, Nimble also announced the appointment of two senior leaders to spearhead the drug discovery efforts and catalyze the build out of the Philadelphia site and team. Shelley Allen will join as Head of Drug Discovery and will lead the advanced optimization and characterization of clinical candidate peptides and their progression into the clinic. Munir Mosaheb will join as Head of Biology and will lead the pharmacological, immunological and translational aspects of Nimble’s drug discovery programs.

Shelley has over 25 years of experience in the discovery and development of high-impact medicines. She joined Nimble from Think Bioscience where she was VP, Medicinal Chemistry, and responsible for establishing drug discovery teams and capabilities to develop their internal programs. Previously, Shelley spent 22 years with Array Biopharma / Pfizer in roles of increasing responsibility, contributing to the discovery of several clinical candidates including oncology therapeutics Vitrakvi and Tukysa. As director of medicinal chemistry at Pfizer, she led teams and programs from lead discovery to IND in the kinase space. Shelley began her career at Rhone-Poulenc Rorer after completing undergraduate studies at DeMontfort University of Leicester. She has published > 40 scientific papers and patents and is active in the American Chemical Society community.

Munir has over 15 years of experience in developing and applying novel immunological insights in academic and biotech settings. Most recently Munir was the Head of Translational Biology and Immunology at Senda Biosciences (now Sail Biomedicines), where he built a Translational Biology team and led platform and program development, and IND-enabling preclinical data generation. Prior to Senda, Munir received broad training across diverse aspects of immunology. He explored molecular vaccinology during his time at Merck & Co. and the Wetzler lab at BU, studied T cell biology while at the Flavell lab at Yale, and immuno-oncology and cell trafficking as a post-doctoral fellow in the von Andrian lab at Harvard.

"We are pleased to open our second R&D site in the Philadelphia area," said Jigar Patel, founder & CEO of Nimble Therapeutics. "This is a reflection of the growing maturity of our internal pipeline of orally-delivered peptide therapeutics, and the need to build additional capabilities as we progress candidates into the clinic."

"I’m thrilled to have Shelley and Munir join us at this exciting stage in the journey of Nimble," said Pete Gough, CSO of Nimble Therapeutics. "They both bring a wealth of experience in the key areas of immunology, drug discovery and pre-clinical development and will be instrumental in building and leading the teams that will take our programs into the clinic."

"As a medicinal chemist of 25 years, I am incredibly impressed by the power and unprecedented speed of the Nimble platform to identify and optimize oral therapeutic peptides. I’m very much looking forward to partnering with our team in Madison to deliver a robust pipeline of clinical candidates to patients," said Shelley.

"Despite the progress we’ve made with parenteral biological therapies for the treatment of immune-mediated diseases over the past couple of decades, patients want oral medicines. Because of our platform, Nimble is uniquely placed to become a leader in developing oral peptide therapeutics as next-generation treatments for these patients and I’m excited to be part of the team to help this vision become reality," said Munir.