MabVax Therapeutics Audited Financial Statements Reinstated

On October 16, 2018 MabVax Therapeutics Holdings, Inc. (OTC: MBVX), a clinical-stage biotechnology company with a fully human antibody discovery platform focused on the development of antibody-based products to address unmet medical needs, reported that the Company’s audited financial statements for 2017 and 2016 have been re-instated and brought current in quarterly filings with the Securities and Exchange Commission (the "SEC") (Press release, MabVax, OCT 16, 2018, View Source [SID1234530126]). The re-instatement of audited financial statements was made possible through the combined efforts of the Company working with its prior auditors to bring current their procedures through last Friday, a requirement necessary to reinstate the audited financial statements. What made the re-instatement possible is that the Court of Chancery of the State of Delaware (the "Court") on September 20, 2018, granted the Company’s Verified Petition for Relief Under 8 Del. C. § 205, captioned In re: MabVax Therapeutics Holdings, Inc., C.A. No. 2018-0549-TMR (the "Delaware Petition"), as submitted, and entered an order validating (i) conversions of the Company’s preferred stock into common stock that occurred between June 30, 2014 and February 12, 2018 and (ii) corporate acts that occurred during the same time period that we believed were approved by our stockholders but that, for reasons described in the Delaware Petition, may not have been approved by the requisite percentage of stockholder voting power during the same time period.

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MabVax Therapeutics Logo (PRNewsfoto/MabVax Therapeutics Holdings, I)

David Hansen, the Company’s President and CEO, commented, "The re-instatement of audited financial statements was an important step in enabling us to file our financial reports and becoming a current reporting company, which included our filing of both our annual report and our first and second quarter 10-Qs yesterday. Our next step will be to submit our application to the OTCQB market place. We remain focused on achieving our objectives, which are to continue overcoming recent challenges faced by the Company and to build shareholder value that will attract the interest of new potential partners."

Innate Pharma announces data presentations on monalizumab at the European Society for Medical Oncology annual meeting 2018

On October16, 2018 Euronext Paris: FR0010331421 – IPH) reported that updated data from ongoing clinical trials evaluating lead asset, monalizumab, partnered with AstraZeneca/MedImmune, will be presented at the ESMO (Free ESMO Whitepaper) 2018 Congress in Munich, Germany, October 19-23, 2018 (Press release, Innate Pharma, OCT 16, 2018, View Source [SID1234530304]). Eric Vivier, Chief Scientific Officer, is invited to the ESMO (Free ESMO Whitepaper) Congress as speaker in the Early detection of cancer using minimally invasive biomarkers Special Symposium.

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A KOL call will be held Monday, October 22, at 4pm CEST (10 am EDT)

Dial in numbers:

France and International: +33 (0)1 72 72 74 03 US only: +1 646 722 4916

PIN code: 69616804#

The presentation will be made available on the Company’s website 30 minutes before the conference begins.

A replay will be available on Innate Pharma’s website after the conference call.

Posters and presentation details:

Results of a Phase II study evaluating monalizumab in combination with cetuximab in previously treated recurrent or metastatic squamous cell carcinoma of the head and neck (R/M SCCHN)
Date and time: October 20, 2018, 15:00
Presentation number: 1049PD
Session: Poster Discussion session – Head and neck
Presenter: Jérôme Fayette, Medical Oncologist at the Centre Léon Bérard Lyon, France
Location: Hall B3 – Room 23, ICM München, Munich, Germany

Title: Translational endpoints in patients with metastatic microsatellite-stable colorectal cancer (MSS-CRC) treated with durvalumab plus monalizumab (anti-NKG2A)
Date & time: October 20, 2018, 12:30
Presentation number: 1194P
Session: Poster display session: Biomarkers, Gynaecological cancers, Haematological malignancies, Immunotherapy of cancer, New diagnostic tools, NSCLC – early stage, locally advanced & metastatic, SCLC, Thoracic malignancies, Translational research
Presenter: Jennifer R. Diamond, Associate Professor, Division of Medical Oncology at the Colorado University, Denver, US
Location: Hall A3, Poster Area Networking Hub, ICM München, Munich, Germany

Title: Changes in the innate immune system as early events in cancer
Date & time: October 22, 2018, 15:05 – 15:25
Session: Special Symposium
Session Name: Early detection of cancer using minimally invasive biomarkers
Presenter: Eric Vivier, Chief Scientific Officer of Innate Pharma, Marseille, France
Location: Hall A1 – Room 17, ICM München, Munich, Germany

BioInvent to Expand Pipeline With New Development Programs in Solid Cancer

On October 16, 2018 BioInvent International AB (OMXS: BINV) reported its intention to initiate three new clinical programs in solid cancer (Press release, BioInvent, OCT 16, 2018, View Source [SID1234529930]). In addition to the previously disclosed programs (BI-1206 + rituximab – projected topline results H1 2020; and the Transgene and Pfizer collaborations), and subject to successful preclinical results and sufficient financial resources, BioInvent intends to advance the following programs in solid cancer: anti FcγRllB antibody/anti-PD1 antibody – projected start phase l/lla in H1 2019; BI-1607, an anti FcγRllB antibody/check point inhibitor – projected start phase l proof of concept trial in H2 2019; BI-1808 (anti-"EmergingTNFRS" antibody) +/- anti-PD1 antibody – projected start phase l in H1 2020.

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On December 10, BioInvent has the pleasure to invite investors, financial analysts and media to attend the Company’s Capital Markets Day at the IVA Conference Center, Grev Turegatan 16 in Stockholm between 2 pm and 4 pm. BioInvent has made a concerted effort over the past months to reframe its equity story to better bring out its value drivers – the strength of its discovery platform, the scientific and clinical rationale of targeting Fc gamma receptors in cancer immunotherapy and its leadership in that space, the substantial unmet medical need of the cancer indications it is pursuing, and the associated commercial opportunity.

Speakers at the Capital Markets Day include Martin Welschof, CEO, Björn Frendéus, Chief Scientific Officer and Andres McAllister, Chief Medical Officer. The presentations will give an overview of BioInvent’s current and planned cancer immunotherapy programs, and the company’s strategy to create shareholder value. The Company looks forward to engaging with all its stakeholders.

To attend the Capital Markets Day, please register by e-mail to [email protected] or by phone +46 46 286 85 54 no later than December 6. Following the event, a video recording will be published on BioInvent’s website.

During the months of October and November, BioInvent’s management will undertake an intensive program of investor meetings across the U.S., Europe, and Israel. As part of this program, BioInvent will host a Key Opinion Leader (KOL) event in New York on November 6. Details of this event, which will be webcast live and archived on BioInvent’s website, will be announced shortly. At the KOL event, BioInvent’s management and an invited scientific key opinion leader will engage with the U.S. investor community to present the Company’s scientific and clinical value drivers.

Vertex to Announce Third Quarter 2018 Financial Results on October 24

On October 16, 2018 Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) reported that it will report its third quarter 2018 financial results on Wednesday, October 24, 2018 after the financial markets close (Press release, Vertex Pharmaceuticals, OCT 16, 2018, View Source [SID1234529948]). The company will host a conference call and webcast at 4:30 p.m. ET. To access the call, please dial (866) 501-1537 (U.S.) or +1 (720) 545-0001 (International).

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The conference call will be webcast live and a link to the webcast can be accessed through Vertex’s website at www.vrtx.com in the "Investors" section. To ensure a timely connection, it is recommended that participants register at least 15 minutes prior to the scheduled webcast. An archived webcast will be available on the company’s website

Galera Therapeutics Announces Dosing of First Patient in Pivotal Phase 3 ‘ROMAN’ Clinical Trial of Avasopasem Manganese (GC4419)

On October 16, 2018 Galera Therapeutics, Inc., a clinical-stage biotechnology company focused on the development of drugs targeting oxygen metabolic pathways with the potential to transform cancer radiotherapy, reported the first patient has been dosed in a Phase 3 clinical trial of avasopasem manganese (GC4419) to reduce the incidence and severity of severe oral mucositis (SOM) in patients with head and neck cancer, its lead indication (Press release, Galera Therapeutics, OCT 16, 2018, View Source [SID1234530125]).

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The trial, "ROMAN: Reduction in Oral Mucositis with Avasopasem maNganese (GC4419)—Phase 3 trial in Patients Receiving Chemoradiotherapy for Locally-Advanced, Non-Metastatic Head and Neck Cancer," is a randomized, double blind, placebo-controlled trial designed to evaluate the ability of avasopasem manganese to reduce the incidence and severity of radiation-induced SOM in adult patients with locally advanced, non-metastatic squamous cell head and neck cancer receiving seven weeks of radiation therapy plus cisplatin. In the United States, more than 50 percent of patients with cancer receive radiotherapy at some time in their treatment. In patients with head and neck cancer, radiotherapy is a mainstay of treatment. Approximately 70 percent of patients receiving radiotherapy develop SOM, as defined by the World Health Organization as Grade 3 or 4, which is the most debilitating side effect of the radiotherapy. There is currently no drug approved to prevent or treat SOM.

"This Phase 3 ROMAN trial of avasopasem manganese aims to confirm the statistically significant efficacy seen in our Phase 2b trial in a larger patient population, to ultimately support the submission of a New Drug Application to the U.S. Food and Drug Administration," said Jon T. Holmlund, M.D., Chief Medical Officer of Galera. "We are proud of our team for their incredible work getting this Phase 3 trial underway, bringing avasopasem manganese one step closer to addressing the urgent need for a treatment option for severe oral mucositis."

Patients in the pivotal trial will receive 90 mg of avasopasem manganese or placebo by infusion on the days they receive their radiation treatment. Patients will be randomized to one of the two treatment groups (3:2) and the trial will recruit approximately 335 patients across more than 70 trial sites in the U.S. and Canada. The primary endpoint will be the reduction in the incidence of SOM through treatment period, and the secondary endpoint will be the reduction in the severity of SOM. The trial will also assess the safety and tolerability of avasopasem manganese. Patients will be followed for tumor progression and overall survival.

"Our meetings with both the FDA and European Medicines Agency have been productive and have provided a clear path for the registration of avasopasem manganese," said Mel Sorensen, M.D., President and CEO of Galera. "We are pleased that avasopasem manganese has now entered the final stage of clinical development and look forward to collaborating with patients and their doctors in enrolling and completing this Phase 3 trial. We anticipate enrollment to take less than two years, and we will refine our timeline as the trial progresses."

About Avasopasem Manganese

Avasopasem manganese (GC4419) is a highly selective and potent small molecule dismutase mimetic that closely mimics the activity of human superoxide dismutase enzymes. It works to reduce elevated levels of superoxide caused by radiation therapy by rapidly converting superoxide to hydrogen peroxide and oxygen. Left untreated, elevated superoxide can damage noncancerous tissues and lead to debilitating side effects, including oral mucositis (OM), which can limit the anti-tumor efficacy of radiation therapy. Conversion of elevated superoxide to hydrogen peroxide, which is selectively more toxic to cancer cells, can also enhance the effect of radiation on tumors, particularly with stereotactic body radiation therapy (SBRT), which produces high levels of superoxide.

Avasopasem manganese is being studied in the Phase 3 ROMAN trial of patients with head and neck cancer, its lead indication, for its ability to reduce the incidence and severity of radiation-induced severe oral mucositis. In Galera’s 223-patient, double blind, randomized, placebo-controlled Phase 2b clinical trial, avasopasem manganese demonstrated the ability to dramatically reduce the duration of SOM from 19 days to 1.5 days (92 percent), the incidence of SOM through completion of radiation by 34 percent and the severity of patients’ OM by 47 percent, while demonstrating acceptable safety when added to a standard radiotherapy regimen. Avasopasem manganese is also currently being studied in combination with SBRT for its anti-tumor effect in a Phase 1/2 trial of patients with locally advanced pancreatic cancer. In addition, in multiple preclinical studies, it demonstrated an increased tumor response to radiation therapy while preventing toxicity in normal tissue.

The FDA granted Breakthrough Therapy designation to avasopasem manganese for the reduction of the duration, incidence and severity of SOM induced by radiation therapy with or without systemic therapy. The FDA also granted Fast Track designation to avasopasem manganese for the reduction of the severity and incidence of radiation and chemotherapy-induced OM.

About Oral Mucositis

Oral mucositis (OM) is a painful and problematic complication during cancer treatment, especially radiation therapy, caused by excessive superoxide generated during treatment that breaks down epithelial cells that line the mouth. Patients suffering from OM experience severe pain, inflammation, ulceration and bleeding of the mouth.

In the United States, more than 50 percent of patients with cancer receive radiotherapy at some time in their treatment. In patients with head and neck cancer, radiotherapy is a mainstay of treatment and approximately 70 percent of patients receiving radiotherapy develop severe oral mucositis (SOM) as defined by the World Health Organization as Grade 3 or 4, which is the most debilitating side effect of the radiotherapy.

SOM can adversely affect cancer treatment outcomes by causing interruptions in radiotherapy, which may compromise the otherwise good prognosis for tumor control in many of these patients. SOM may also inhibit patients’ ability to eat solid food or even drink liquids, and can cause serious infections. Further, the costs of managing these side effects are substantial, particularly when hospitalization and/or surgical placement of PEG tubes to maintain nutrition and hydration are required. There is currently no drug approved to prevent or treat SOM in patients with head and neck cancer.