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.

Ziopharm Oncology Announces Changes to Board of Directors and Management Team

On October 16, 2018 Ziopharm Oncology, Inc. (Nasdaq:ZIOP), a biotechnology company focused on development of next generation immunotherapies utilizing gene- and cell-based therapies to treat patients with cancer, reported changes to its Board of Directors and management team (Press release, Ziopharm, OCT 16, 2018, View Source [SID1234530612]). Ziopharm’s Chief Executive Officer Laurence Cooper, M.D., Ph.D, is appointed to the Board of Directors effective immediately, and Francois Lebel, M.D., is stepping down from his position as Chief Medical Officer (CMO) and Executive Vice President of Research & Development, effective Oct. 26.

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"We are pleased to continue the evolution of the Board of Directors with the addition of Dr. Cooper as the Company’s CEO," said Ziopharm’s Lead Director Scott Tarriff, who is Chief Executive Officer of Eagle Pharmaceuticals. "We support Laurence and his plan for the Company’s management team to advance the Controlled IL-12 and Sleeping Beauty platforms."

Ziopharm recently announced it has full developmental control over its technologies and is now evolving its organizational structure. A recruitment process is underway during this transition period aimed at building upon existing expertise to meet the needs of patients and shareholders.

"We are developing and expanding our R&D and clinical development teams to support the Controlled IL-12 and Sleeping Beauty CAR-T and TCR-T programs," said Dr. Cooper. "On behalf of the Board of Directors and management team, I thank Francois for his service to our clinical programs, and we wish him well in his next endeavor."

Dr. Lebel said, "I very much enjoyed working with the team at Ziopharm and the many world-class investigators involved with our trials. I am proud that the team has established a strong data set that supports the potential efficacy of our technologies, including Controlled IL-12 to treat patients with recurrent glioblastoma and likely other solid tumors. As I leave the Company, I believe it is on a solid track for success.

Hot Company Activity Around European Society of Medical Oncology (ESMO 2018) Congress

The European Society of Medical Oncology (ESMO) (Free ESMO Whitepaper) (ESMO 2018) congress takes place in Munich, Germany between 19 Oct – 23 Oct 2018.

This conference features more than 2000 abstracts and a global presence of companies ranging from big pharma to startups like Arcus Biosciences (USA), CStone Pharmaceuticals (China), Neon Therapeutics (USA), NEOMED Therapeutics 1 (Canada) and Oblique Therapeutics (Sweden).

Read more below on the latest and hottest from companies like Arcus, AstraZeneca, Merck & Co or any of the other 40+ selection of companies generating heat about their presence at ESMO (Free ESMO Whitepaper) 2018.

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LIGAND TO REPORT THIRD QUARTER 2018 RESULTS ON NOVEMBER 8TH

On October 15, 2018 Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) reported its third quarter 2018 financial results on November 8, 2018 (Press release, Ligand, OCT 15, 2018, View Source [SID1234529913]). Ligand’s CEO John Higgins, President and COO Matt Foehr and Executive Vice President and CFO Matt Korenberg will host the conference call.

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Third Quarter 2018 Earnings Call

What: Ligand conference call to discuss financial results and provide general business updates

When: Thursday, November 8, 2018

Time: 9:00 a.m. Eastern time (6:00 a.m. Pacific time)

Conference Call: (833) 591-4752 within the U.S.
(720) 405-1612 outside the U.S.
Conference ID – 5777841

Webcast:
Live conference call webcast and replay accessible at www.ligand.com