Stockwinners Market Radar for December 10, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
DIS... | Hot Stocks20:06 EDT On The Fly: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. U.S. mall owner GGP (GGP) has rejected a $14.8B offer from the company's biggest shareholder, Brookfield Property (BPY), according to Reuters, citing people familiar with the matter. Brookfield Property made a $23 per share cash and stock offer last month for the 66% of GGP it does not already own, the publication noted. 2. Ascension and Providence St. Joseph Health, both nonprofits, are talking about combining, which would create an entity of unprecedent reach, according to The Wall Street Journal, citing people familiar with the matter. A deal would dethrone the nation's largest pure hospital operator, HCA Healthcare, the publication noted. 3. With Direct TV, AT&T (T) is trying to woo cord cutters and is not alone in the game, with Dish (DISH), Sony (SNE), Google (GOOG; GOOGL) and Hulu all launching their own internet TV bundles or MVPDs, Alex Eule wrote in this week's edition of Barron's. Tech's incursion into television means that scale is becoming more important than ever, especially if the cable bundle begins to fall apart, he noted, adding that a growing sense of desperation seems to be driving Walt Disney's (DIS) interest in buying the bulk of 21st Century Fox (FOX; FOXA). 4. Disney and Pixar's "Coco" remained number one in its third weekend, grossing another $18.3M for a domestic total of $135.5M. Overseas, the movie earned another $55.3M for a foreign cume of $253M. "Coco", which tells a story about the popular Mexican holiday Dia de Los Muertos, received an A+ CinemaScore and 96% from Rotten Tomatoes. 5. Alphabet, Delta Air Lines (DAL), Berkshire Hathaway (BRK.A), Volkswagen (VLKAY), Pioneer Natural Resources (PXD), Applied Materials (AMAT), Enterprise Products Partners (EPD), Ally Financial (ALLY), Anthem (ANTM), US Foods Holding (USFD), Toyota Motors (TM), Sony, and Softbank (SFTBY) saw positive mentions in Barron's while TJX (TJX), Ross Stores (ROST), MBIA (MBI), and CVS (CVS) were mentioned cautiously.
|
TWX... | Hot Stocks18:50 EDT Box Office Battle: 'Coco' stays number 1 with $18.3M - Disney (DIS) and Pixar's "Coco" remained number one in its third weekend, grossing another $18.3M for a domestic total of $135.5M. Overseas, the movie earned another $55.3M for a foreign cume of $253M. "Coco", which tells a story about the popular Mexican holiday Dia de Los Muertos, received an A+ CinemaScore and 96% from Rotten Tomatoes. BOX OFFICE RUNNERS-UP: Warner Bros.' (TWX) "Justice League" came in second once again, ending the weekend with $9.6M for a total of $212.1M to date. Behind it was Lionsgate's (LGF.A) "Wonder," with 8.5M from 3,519 theaters in its fourth weekend. James Franco's "The Disaster Artist" placed number four, earning $6.4M from 840 theaters. Rounding out the top five, Disney and Marvel Studios' "Thor: Ragnarok" ended the weekend with $6.3M for a cume of $301.2M. Other publicly traded companies in filmmaking include Viacom (VIAB), Sony (SNE), 21th Century Fox's (FOXA) and Comcast (CMCSA; CMCSK).
|
KPTI | Hot Stocks18:11 EDT Karyopharm presents positive phase 1/2 Eltanexor data - Karyopharm Therapeutics announced the presentation of Phase 1/2 clinical data for its novel, second-generation oral SINE compound eltanexor at the American Society of Hematology 2017 annual meeting. Clinical and preclinical data for its lead, oral SINE compound selinexor, and other pipeline asset KPT-9274, an oral, dual inhibitor of p21-activated kinase 4 and nicotinamide phosphoribosyltransferase were also presented. "A key presentation at ASH this year features updated Phase 1/2 data showing that eltanexor is well tolerated and demonstrates promising durable activity in patients with heavily pre-treated myeloma," said Sharon Shacham, President and Chief Scientific Officer of Karyopharm. "The recommended Phase 2 dose has now been established. We have now begun enrolling patients into expansion cohorts where we are evaluating eltanexor in patients with advanced colorectal cancer, castration-resistant prostate cancer, and myelodysplastic syndrome."
|
KPTI | Hot Stocks18:09 EDT Karyopharm presents positive Selinexor data from STOMP study - Karyopharm Therapeutics announced the presentation of four posters highlighting clinical data from the ongoing Phase 1b/2 STOMP study at the American Society of Hematology 2017 annual meeting. The STOMP study is evaluating selinexor, the company's lead, novel, oral SINE compound, in combination with backbone therapies for the treatment of patients with heavily pretreated multiple myeloma. Two of the presentations feature updated data from the STOMP arms evaluating selinexor plus low dose dexamethasone in combination with either Velcade, or Pomalyst. The other two presentations feature new data from the STOMP arms evaluating Sd with Revlimid and with Darzalex. "The results from the SVd arm of the Phase 1b/2 STOMP study, particularly the high response rates of 83% in the same patient population eligible for the BOSTON study and 84% in proteasome inhibitor (PI)-naive or PI-relapsed patients, together with prolonged progression-free survival, strongly support our ongoing, pivotal Phase 3 BOSTON study," said Sharon Shacham, President and Chief Scientific Officer of Karyopharm. "Overall, the four presentations continue to highlight evidence of strong activity when oral selinexor is combined with the currently available "backbone" myeloma therapies, including PIs, immunomodulatory drugs and anti-CD38 monoclonal antibodies. Oral selinexor continues to demonstrate an expected and manageable tolerability profile, particularly in the SVd regimen where the combination produced higher response rates, paired with lower rates of peripheral neuropathy (PN), compared to the commonly used regimen of Velcade plus dexamethasone. We are delighted to share the results of this research with the medical community at ASH this year."
|
AGIO | Hot Stocks18:05 EDT Agios Pharmaceuticals presents updated data from DRIVE PK study - Agios Pharmaceuticals presented updated data from its wholly owned pyruvate kinase-R activator, AG-348, demonstrating its potential as the first disease-modifying treatment for patients with pyruvate kinase deficiency at the 2017 American Society of Hematology Annual Meeting and Exposition. PK deficiency is a rare, potentially debilitating, congenital anemia. DRIVE PK is an ongoing global open-label, Phase 2, safety and efficacy trial evaluating AG-348 in 52 adults, transfusion-independent patients with PK deficiency. As of the July 14, 2017 data cut-off 43 patients had completed the six-month core dosing period and 9 patients discontinued treatment during the core dosing period. Of the 52 patients enrolled, 50% experienced a maximum hemoglobin increase from baseline of greater than1.0 gram per deciliter during the six-month core period. For the 42 patients enrolled with at least 1 missense mutation, 60% experienced a maximum Hb increase from baseline of greater than1.0 g/dL. AG-348 remains well-tolerated with the majority of adverse events being Grade 1 or 2. The median treatment duration was 37.5 weeks, with a maximum of 92.4 weeks.
|
ICL | Hot Stocks18:01 EDT ICL completes sale of 50% share of IDE Technologies for $167M - ICL announced that it has completed the sale of its 50% share of IDE Technologies, a desalination and water treatment company. The net proceeds received, after adjustments, amount to approximately $167M. ICL expects to record a capital gain of approximately $40M from the sale in Q4 of 2017. The purchaser of ICL's share is a limited partnership whose limited partners include institutional bodies from the Clal Insurance, the Israel Teachers' Union educational funds' group and Ayalon Insurance and whose general partner is controlled by Avshalom Felber, IDE's CEO.
|
AZN | Hot Stocks17:52 EDT AstraZeneca Calquence shows potential in chronic lymphocytic leukemia trials - AstraZeneca and Acerta Pharma, its hematology research and development center of excellence, presented results from the Phase Ib/II ACE-CL-003 clinical trial and updated results from the Phase I/II ACE-CL-001 clinical trial that are evaluating acalabrutinib alone and in combination for the treatment of chronic lymphocytic leukemia in multiple treatment settings. The findings were presented during two oral sessions at the 59th American Society of Hematology Annual Meeting and Exhibition. Data on two patient cohorts treated with acalabrutinib and obinutuzumab from the Phase Ib/II ACE-CL-003 trial were presented. The primary endpoint of overall response rate was 95% for the 19 patients in the treatment-naive cohort and 92% in the 26 patients with relapsed or refractory CLL. Additionally, the complete response rate was 16% for treatment-naive patients and 8% for previously-treated patients. At approximately 2 years median study follow-up, the secondary endpoints of duration of response and median progression-free survival had not yet been reached in either patient cohort. In a separate oral session, investigators presented new longer-term follow-up safety and efficacy data evaluating acalabrutinib as a monotherapy in the full-study cohort of 134 patients with relapsed or refractory CLL at median time on study and follow-up of 24.5 months. These data expand on previously reported findings in 61 patients at median follow-up of 14.3 months. These latest findings from the trial highlight the overall response rate and duration of response in this patient population. With a median follow-up of 24.5 months, the overall response rate was 87% and the overall response including partial response with lymphocytosis was 93%. The complete response was 4%. The median progression-free survival, a secondary endpoint in the trial, was not yet reached; however, the 18-month progression-free survival rate was 90%.
|
ZIOP XON | Hot Stocks17:48 EDT Ziopharm announces presentation of data from T-Cell Therapy programs - Ziopharm Oncology (ZIOP) announced data supporting its non-viral approach to rapid manufacture of chimeric antigen receptor-modified T cells to treat patients with cancers were presented at the 59th American Society of Hematology Annual Meeting and Exposition. Ziopharm is advancing its non-viral Sleeping Beauty platform toward point-of-care for very rapid manufacturing of genetically modified CAR+ T cells. Data presented from first- and second-generation SB clinical trials demonstrate safety, tolerability, disease response, long-term survival, and persistence of infused CD19-specific CAR+ T cells. Preclinical studies showed that P-O-C CAR+ T cells co-expressing membrane-bound interleukin-15 and a control switch manufactured within two days do not require activation or propagation in tissue culture to achieve anti-tumor effects and prolonged T-cell survival. Building on these data, the company plans to initiate its first P-O-C clinical trial in 2018. These ASH presentations are based on clinical trials and research being conducted in collaboration with The University of Texas MD Anderson Cancer Center and Intrexon Corporation (XON).
|
BLUE | Hot Stocks17:45 EDT bluebird bio announces results from LentiGlobin study in Severe Sickle Cell - bluebird bio announced that updated clinical results from HGB-206, the company's ongoing Phase 1 multicenter study of its LentiGlobin gene therapy product candidate in patients with severe sickle cell disease, will be discussed in an oral presentation during the 59th Annual Meeting of the American Society of Hematology. In addition, a poster on the feasibility and potential benefits of plerixafor-mediated peripheral blood stem cell collection and drug product manufacturing in patients with SCD was presented yesterday at ASH. "The promising early results from the first two patients treated under the amended HGB-206 study protocol indicate that the manufacturing and patient management changes we implemented may have a meaningful impact on patient outcomes," said Dave Davidson, chief medical officer, bluebird bio. "These two patients have maintained higher levels of gene-marked cells in the blood following treatment compared to the previous patients in HGB-206. This improvement corresponds with increased production of the anti-sickling hemoglobin, HbAT87Q, made from LentiGlobin. We are hopeful that this high-level expression of HbAT87Q will lead to a sustained clinical benefit for these patients. The next group of patients in the study will be treated using LentiGlobin made from stem cells obtained from plerixafor-mobilized peripheral blood. Plerixafor mobilization in place of direct bone marrow harvest is less burdensome for patients, and our results suggest that this approach may be able to obtain a greater quantity of higher quality cells."
|
BLUE | Hot Stocks17:37 EDT bluebird bio presents new data from clinical studies of LentiGlobin Gene Therapy - bluebird bio announced data from two studies of its LentiGlobin gene therapy product candidate in patients with transfusion-dependent beta-thalassemia. Data from the Northstar and Northstar-2 studies were presented today at the 59th Annual Meeting of the American Society of Hematology. "Addressing the underlying genetic cause of TDT to restore production of functional hemoglobin can potentially eliminate or reduce the need for chronic blood transfusions in people with this disease, which we expect will reduce the risk of iron overload and associated long-term complications of TDT, and may allow cessation of chelation therapy," said Dave Davidson, chief medical officer, bluebird bio. "Northstar-2 is the first clinical trial to use our refined manufacturing process for LentiGlobin drug product. Early data from this study demonstrates consistently higher in vivo vector copy numbers and HbAT87Q hemoglobin levels, potentially enabling patients to consistently achieve near-normal or normal total hemoglobin levels. It is important to demonstrate the long-term benefit of gene therapy, and follow-up data of up to three years from the first Northstar study show that nearly all patients with non-beta0/beta0 genotypes were transfusion-free. We are engaged with the regulatory authorities in the context of the Breakthrough Designation from FDA, and PRIME and Adaptive Pathways from EMA, and look forward to submitting these data to seek marketing approval for LentiGlobin in TDT."
|
VSTM | Hot Stocks17:35 EDT Verastem announces phase 3 DUO study met primary endpoint - Verastem announced the presentation of the results from the Phase 3 DUO study evaluating the efficacy and safety of duvelisib in patients with relapsed or refractory chronic lymphocytic leukemia/small lymphocytic lymphoma at the American Society of Hematology 2017 Annual Meeting. Duvelisib is a first-in-class oral dual inhibitor of phosphoinositide-3-kinase-delta and PI3K-gamma which is currently being developed for the treatment of CLL/SLL and follicular lymphoma. In addition, duvelisib is being studied in other hematologic malignancies including peripheral T cell lymphoma. The DUO study met its primary endpoint with oral duvelisib monotherapy achieving a statistically significant improvement in median PFS compared to ofatumumab in patients with relapsed or refractory CLL/ SLL per a blinded Independent Review Committee using iwCLL or revised IWG Response Criteria, representing a 48% reduction in the risk of progression or death. The secondary efficacy outcome of ORR via IRC assessment according to modified iwCLL/IWG, significantly favored duvelisib over ofatumumab, and reduced lymph node burden greater than 50% in most patients versus ofatumumab.
|
CELG BLUE | Hot Stocks17:30 EDT Celgene, bluebird bio announce updated results from CRB-401 Phase 1 study - Celgene (CELG) and bluebird bio (BLUE) announced that updated results from the ongoing CRB-401 Phase 1 clinical study of bb2121, an investigational anti-B-cell maturation antigen CAR T cell therapy, in 21 patients with late-stage relapsed/refractory multiple myeloma will be presented in an oral presentation at the American Society of Hematology Annual Meeting. The objective of this Phase 1 dose-escalation study is to evaluate safety and efficacy of bb2121 and determine a recommended Phase 2 dose. In the active dose cohorts, median follow-up was 40 weeks, 94% patients achieved an objective response, 89% patients achieved at least a very good partial response, 56% patients achieved a complete response, or unconfirmed complete response, 9 of 10 patients who were evaluable for MRD status were found to be MRD-negative. In the dose-escalation phase, 71%) of patients had cytokine release syndrome, mostly Grade 1 & 2, with 2 patients experiencing Grade 3 CRS. Four patients received tocilizumab, 1 received steroids and in each case the CRS resolved within 24 hours. The most common treatment-emergent Grade 3-4 AEs in 21 infused patients were cytopenias commonly associated with lymphodepleting chemotherapy including neutropenia, anemia and thrombocytopenia. There were two deaths in the active cohorts at 22 and 69 weeks following infusion, respectively. The first was due to cardiac arrest and the second was due to myelodysplastic syndrome; both subjects were in a myeloma CR at their last study assessment prior to death.
|
GILD | Hot Stocks17:22 EDT Kite announces long-term data from pivotal ZUMA-1 study of Yescarta - Kite, a Gilead company, announced long-term follow-up data from the pivotal ZUMA-1 study of Yescarta in patients with refractory large B-cell lymphoma. With a minimum follow-up of one year after a single infusion of Yescarta, 42% of patients continued to respond to therapy, including 40% with a complete remission. Detailed results from this updated analysis were simultaneously presented at the Annual Meeting of the American Society of Hematology and published in The New England Journal of Medicine. Yescarta is the first chimeric antigen receptor T cell therapy to be approved by the U.S. Food and Drug Administration for the treatment of adult patients with relapsed or refractory large B-cell lymphoma after two or more lines of systemic therapy, including diffuse large B-cell lymphoma not otherwise specified, primary mediastinal large B-cell lymphoma, high grade B-cell lymphoma and DLBCL arising from follicular lymphoma. Yescarta is not indicated for patients with primary central nervous system lymphoma. Yescarta has a Boxed Warning in its product label and an associated Risk Evaluation and Mitigation Strategy regarding the risks of CRS and neurologic toxicities. Yescarta has been granted Priority Medicines regulatory support for DLBCL in the European Union. A Marketing Authorization Application for axicabtagene ciloleucel is currently under review with the European Medicines Agency and potential approval is expected in the first half of 2018.
|
EPZM | Hot Stocks17:18 EDT Epizyme presents new biomarker data on Tazemetostat - Epizyme announced that two presentations reinforcing its commitment to identifying predictors of response to tazemetostat beyond EZH2 mutations will be featured at the 59th Annual Meeting & Exposition of the American Society of Hematology. These data from the company's ongoing Phase 2 clinical trial in non-Hodgkin lymphoma highlight exploratory response biomarkers and interim correlative data which may have the potential to further refine the clinical application of tazemetostat. Tazemetostat is a potent, selective, orally available inhibitor of EZH2 and is currently in Phase 2 development for the treatment of patients with follicular lymphoma or diffuse large B-cell lymphoma, both of which are subtypes of NHL.
|
BIVV | Hot Stocks17:16 EDT Study shows Bioverativ Eloctate has potential to improve bleed protection - Bioverativ and Swedish Orphan Biovitrum AB announce the results of a new, post-hoc, longitudinal analysis of the pivotal Phase 3 A-LONG study and ASPIRE long-term extension study, showing that weekly prophylactic dosing with its extended half-life therapy Eloctate has the potential to provide improved bleed protection over episodic treatment, resolve target joints and reduce the treatment burden associated with more frequent dosing intervals. The analysis was presented in a poster session at the 59th Annual Meeting of the American Society of Hematology. Eloctate was developed using Fc fusion technology to prolong circulation in the body and its efficacy and safety has been studied in hemophilia A patients since 2010. This new, post-hoc analysis supports a growing body of clinical data showing prophylactic treatment with Eloctate can positively impact long-term joint health. Eloctate is currently not indicated for weekly dosing.
|
SYRS | Hot Stocks17:04 EDT Syros Pharmaceuticals announces new preclinical data on SY-1365 - Syros Pharmaceutical announced that new preclinical data on SY-1365, its first-in-class selective cyclin-dependent kinase 7 inhibitor currently in a Phase 1 clinical trial in advanced solid tumors, show anti-tumor activity in in vitro and in vivo models of blood cancers. Additionally, the data point to a potential biomarker of response to SY-1365 and synergistic activity with a BCL2 inhibitor in preclinical models of acute myeloid leukemia. These data are being presented at the 59th American Society of Hematology Annual Meeting and Exposition. "We believe SY-1365 represents a promising therapeutic approach across a number of solid tumors and blood cancers," said Eric Olson, Chief Scientific Officer of Syros. "These new preclinical data underscore the power of our gene control platform to elucidate the underlying biology and mechanism of action of SY-1365, furthering our ability to identify biomarkers to select the patients most likely to respond and to identify rational combination approaches with the potential to provide a profound benefit for patients." The Phase 1 trial of SY-1365 is a multi-center, open-label trial enrolling patients with advanced solid tumors. The primary objective of the trial is to assess the safety and tolerability of escalating doses of SY-1365, with the goal of establishing a maximum tolerated dose and a recommended Phase 2 dose and regimen. The dose-escalation phase is open and expected to enroll approximately 35 solid tumor patients for whom standard curative or palliative measures do not exist or are no longer effective. Following the dose-escalation phase, expansion cohorts are planned to further evaluate the safety and anti-tumor activity of SY-1365 in patients with transcriptionally driven tumors and to enroll patients with tumors of any histology in a cohort focused on analyzing biopsied tumor tissue.
|
SYRS | Hot Stocks17:00 EDT Syros Pharmaceuticals announces initial data from phase 2 trial of SY-1425 - Syros Pharmaceuticals announced initial clinical data from its ongoing Phase 2 trial of SY-1425, its first-in-class oral, selective retinoic acid receptor alpha agonist, in genomically defined subsets of patients with acute myeloid leukemia and myelodysplastic syndrome. The data was presented at the 59th American Society of Hematology Annual Meeting and Exposition. "The biologic and clinical activity seen in patients selected by our proprietary RARA and IRF8 biomarkers provide validation of our platform's ability to enrich for patients most likely to respond to gene control therapies," said Nancy Simonian, CEO of Syros. "These data support continued development of SY-1425 in combination, which will be our focus going forward. Our preclinical data showing the tumor-killing activity of SY-1425 in combination with azacitidine and with daratumumab support the ongoing development of SY-1425 in combination with these therapies, and we plan to present initial clinical data on these two combinations in 2018."
|
IMDZ MRK | Hot Stocks16:55 EDT Combo of Immune Design G100, Merck Keytruda triggers robust systemic responses - Immune Design (IMDZ) presented data from the randomized Phase 2 trial of its investigational intratumoral TLR4 agonist G100 plus low-dose radiation with or without Keytruda, Merck's (MRK) anti-PD-1 therapy, in follicular non-Hodgkin's lymphoma patients. The G100 Monotherapy and pembrolizumab combination resulted in a 39% objective response rate, with a 57% ORR in those patients who expressed a potential predictive biomarker. These data were presented at the 59th American Society of Hematology Annual. Patients receiving G+P showed a 39% ORR, as compared to 15% in the G100 Monotherapy arm. Pembrolizumab monotherapy in a similar recurrent/refractory FL study showed 11% ORR. Patients receiving G+P also had more frequent and deeper abscopal tumor shrinkage and a trend toward a better progression free survival. A strong association between baseline tumor TLR4 expression and objective clinical response was observed. Because clinical responses were observed in patients with recurrent/refractory disease, treatment failure less than 2 years after rituximab-containing chemotherapy, and high-risk patients based on GELF criteria, G+P may provide a therapeutic option in this unmet medical need population. Enrichment of patients more likely to respond may be attained by selecting for high expression of TLR4. G100 has been granted orphan drug designation by the U.S. Food and Drug Administration and the European Medicines Agency for the treatment of FL.
|
KURA | Hot Stocks16:45 EDT Kura Oncology reports positive phase 2 study of Tipifarnib in Chronic Myelomonoc - Kura Oncology reported positive, preliminary results from a Phase 2 clinical study of its lead candidate tipifarnib in patients with chronic myelomonocytic leukemia. The data were presented at the American Society of Hematology Annual Meeting and Exposition. The CMML study is one of four ongoing company-sponsored Phase 2 studies of tipifarnib. The open-label study is evaluating the anti-tumor activity of tipifarnib as a single agent in patients with CMML, retrospectively stratified based on RAS mutational status. In addition, patient samples are analyzed for the presence or absence of various biomarkers potentially relevant to the activity of tipifarnib. As of the data cutoff date of November 7, 2017, all nine evaluable patients in the study with RAS wild-type CMML had achieved stable disease or better, including three objective responses as assessed using the MDS/MPN International Working Group criteria. The primary objective of the study was met with an overall response rate of 33% in patients with RAS wild-type CMML. The study has enrolled 24 patients of whom 16 were evaluable for response as of the data cutoff date. Nine patients had tumors with RAS wild-type status and seven were RAS mutant.
|
KDMN | Hot Stocks16:43 EDT Kadmon presents updated positive phase 2 data on KD025 in cGVHD - Kadmon announced additional positive findings from an ongoing Phase 2 clinical trial demonstrating that KD025, its Rho-associated coiled-coil kinase 2 inhibitor, was well tolerated and resulted in clinically meaningful responses in patients with chronic graft-versus-host disease, or cGVHD. The results were presented in a poster at the 59th American Society of Hematology (ASH) Annual Meeting. New data from Cohort 2 of the tria showed an Overall Response Rate of 63%, as of a data cutoff date of November 20, 2017. Updated data from Cohort 1 showed an ORR of 65%. While data from Cohort 2 continue to mature, responses were durable in Cohort 1, lasting five months or longer in 70% of patients. Responses were also rapid: 71% of patients across Cohorts 1 and 2 achieved response by the first assessment. Responses were observed across all affected organs, including Complete Responses in upper and lower gastrointestinal tract, mouth, skin, joints, esophagus, eyes and liver. In addition, 64% of patients from Cohorts 1 and 2 were able to reduce steroid dose, and four patients completely discontinued steroids. 83% of patients were able to reduce dose of tacrolimus, another immunosuppressive agent used to treat cGVHD. KD025 was well tolerated, with no drug-related serious adverse events in either cohort.
|
RHHBY | Hot Stocks16:35 EDT Genentech Polatuzumab Vedotin plus Bendamustine, Rituxan increased CR rates - Genentech, a member of the Roche Group, announced positive results from the randomized Phase II GO29365 study that compared polatuzumab vedotin in combination with bendamustine plus Rituxan against BR alone in people with relapsed or refractory diffuse large B-cell lymphoma who are not candidates for hematopoietic stem cell transplant. The study met its primary endpoint, demonstrating that the addition of polatuzumab vedotin to BR increased complete response rates from 15%-40% at the end of treatment, as measured by positron emission tomography and assessed by an independent review committee. No unexpected safety signals were observed with the addition of polatuzumab vedotin to BR.
|
XLRN CELG | Hot Stocks16:27 EDT Acceleron announces updated results from phase 2 trials of Luspatercept - Acceleron Pharma ((XRLN) announced preliminary results from the ongoing Phase 2 trials with luspatercept in patients with lower-risk myelodysplastic syndromes at the 59th Annual Meeting of the American Society of Hematology. Luspatercept is being developed as part of a global collaboration between Acceleron and Celgene (CELG). "As the Phase 2 results in MDS mature, we are excited to see luspatercept achieving a clinically meaningful erythroid response in over 50% of patients. Luspatercept continues to provide long-term benefit to multiple patients now nearing three years on treatment. These results further reinforce luspatercept's potential to be a transformative treatment option for patients living with lower-risk MDS," said Habib Dable, President and CEO of Acceleron. "We look forward to the upcoming MEDALIST and BELIEVE Phase 3 trial top-line data readouts in mid-2018, and we and Celgene continue to make considerable progress toward initiating the COMMANDS Phase 3 trial during the first half of 2018."
|
SGEN | Hot Stocks16:17 EDT Seattle Genetics highlights five-year survival results from ADCETRIS trial - Seattle Genetics highlighted final five-year survival results from a phase 1 clinical trial evaluating ADCETRIS in mature T-cell lymphoma at the 59th American Society of Hematology Annual Meeting and Exposition. The presentation highlighted durability data from a phase 1 clinical trial of ADCETRIS in combination with chemotherapy for the treatment of patients with newly diagnosed MTCL, also known as peripheral T-cell lymphoma. ADCETRIS is an antibody-drug conjugate directed to CD30, which is expressed on the surface of Hodgkin lymphoma cells and several types of non-Hodgkin lymphoma. ADCETRIS is currently not approved for the frontline treatment of MTCL. At five-year follow-up, there have been no progression events or deaths in this trial since the three-year follow up.The estimated five-year progression-free survival rate was 52%, with no patients receiving a consolidative stem cell transplant in first remission. The median progression-free survival has not yet been reached. The estimated five-year overall survival rate was 80%. The median overall survival has not yet been reached. 73% of patients experienced peripheral neuropathy, the majority of which was Grade 1 or 2. 95% of these patients had complete resolution or some improvement of their symptoms at last follow-up with a median time to resolution of 4.2 months and median time to improvement of symptoms was 2.6 months. A global phase 3 study called ECHELON-2 completed enrollment in November 2016. The ECHELON-2 trial is a randomized, double-blind, placebo-controlled, multi-center trial designed to investigate ADCETRIS plus CHP versus CHOP as frontline therapy in patients with CD30-expressing MTCL. The trial enrolled 452 patients randomized to receive ADCETRIS plus CHP or CHOP every three weeks for six to eight cycles. Data from the ECHELON-2 trial are expected in 2018.
|
BPMC | Hot Stocks16:10 EDT Blueprint Medicines announces new data from ongoing Phase 1 trial of Avapritinib - Blueprint Medicines announced new data from its ongoing Phase 1 clinical trial of avapritinib, a potent and highly selective KIT and PDGFRalpha inhibitor in development for patients with advanced systemic mastocytosis. The new data from the dose escalation portion of the Phase 1 trial showed strong clinical activity regardless of advanced SM subtype, prior treatment with midostaurin or the presence of additional mutations. As of the data cutoff date of October 4, 2017, the data showed an overall response rate of 72% and a disease control rate of 100% in patients evaluable for response, based on the International Working Group-Myeloproliferative Neoplasms Research and Treatment and European Competence Network on Mastocytosis consensus criteria. As of the data cutoff date, avapritinib was well-tolerated and most adverse events reported by investigators were Grade 1 or 2. In addition, there were no discontinuations due to treatment-related adverse events, and 30 of 32 patients remained on treatment with a median treatment duration of nine months. The data will be presented in an oral presentation during the Plenary Scientific Session at the 59th American Society of Hematology Annual Meeting and Exposition. Based on these data, Blueprint Medicines plans to engage global regulatory authorities in the first half of 2018 to obtain input on registration pathways for avapritinib in patients with advanced SM and patients with indolent and smoldering SM. Subject to regulatory feedback, the company anticipates initiating a registration-enabling clinical trial of avapritinib in patients with advanced SM in the first half of 2018 and a dose escalation and proof-of-concept clinical trial of avapritinib in patients with indolent and smoldering SM in the second half of 2018. In addition, Blueprint Medicines continues to enroll patients in the expansion portion of the ongoing Phase 1 clinical trial in patients with advanced SM with the goal of generating additional data in 2018.
|
TKPYY SGEN | Hot Stocks16:04 EDT Takeda, Seattle Genetics say Phase 3 ADCETRIS trial meets primary endpoint - Takeda Pharmaceutical (TKPYY) and Seattle Genetics (SGEN) announced that data from the Phase 3 ECHELON-1 clinical trial evaluating ADCETRIS as part of a frontline combination chemotherapy regimen in untreated advanced classical Hodgkin lymphoma will be presented in the Plenary Scientific Session at the 59th American Society of Hematology annual meeting. ADCETRIS is an antibody-drug conjugate directed to CD30, a defining marker of classical Hodgkin lymphoma. ADCETRIS is currently not approved as a frontline therapy for Hodgkin lymphoma. The trial achieved its primary endpoint with the combination of ADCETRIS+AVD resulting in a statistically significant improvement in modified PFS versus the control arm of ABVD as assessed by an Independent Review Facility. Other secondary endpoints include: Complete response rate at the end of randomized regimen in the ADCETRIS+AVD arm was 73% compared to 70% in the control arm. Objective response rate at the end of randomized regimen in the ADCETRIS+AVD arm was 86% compared to 83% in the control arm. The U.S. Food and Drug Administration granted Breakthrough Therapy Designation for ADCETRIS in combination with chemotherapy for the frontline treatment of patients with advanced classical Hodgkin lymphoma. Seattle Genetics submitted a supplemental Biologics License Application to the FDA on November 1, 2017. Takeda has begun to submit data from the ECHELON-1 trial to regulatory agencies in its territories, starting with the European Medicines Agency on November 29, 2017.
|
CRSP | Hot Stocks15:53 EDT Crispr Therapeutics announces oral presentation of new data on CTX001 - Crispr Therapeutics announced the presentation of new data on CTX001, an investigational CRISPR gene-edited therapy for patients suffering from beta-thalassemia and sickle cell disease. The data were discussed in an oral presentation at the American Society of Hematology Annual Meeting. Crispr Therapeutics has filed a Clinical Trial Application for CTX001, and is planning to start a Phase 1/2 trial in beta-thalassemia in Europe in 2018. Data presented at ASH demonstrate that Crispr Therapeutics' proprietary Crispr gene-editing approach results in high editing efficiency, with over 90% of the hematopoietic stem cells edited at the target site. A vast majority of these cells are edited on both copies of the gene, which leads to expression levels of fetal hemoglobin of 40%, well above the level believed to be sufficient to ameliorate symptoms in patients with beta-thalassemia and sickle cell disease. Crispr conducted extensive genome-wide off-target assessment including detailed analyses at over 6,000 sites, which showed no off-target editing. Full toxicology analysis also demonstrated that the Crispr gene-editing had no adverse impact on engraftment of the hematopoietic stem cells and no other safety signals.
|
INCY | Hot Stocks15:51 EDT Phase 3 data shows durability of response of Incyte Jakafi in polycythemia vera - Incyte announced new 208-week follow-up data from the ongoing, global, multi-center, open-label Phase 3 RESPONSE study of Jakafi, or ruxolitinib, comparing the efficacy and safety of Jakafi with best available therapy in patients with polycythemia vera who are resistant to or intolerant of hydroxyurea. The pre-planned data analysis showed a durable primary response to Jakafi in patients with polycythemia vera who are resistant to or intolerant of hydroxyurea and the overall safety profile for Jakafi remained consistent with previously reported 80-week RESPONSE data. The results were shared in an oral presentation at the 59th American Society of Hematology Annual Meeting 2017 in Atlanta, Georgia. The 80-week follow-up results from RESPONSE confirmed that among patients who initially responded to Jakafi treatment, the probability of maintaining primary and hematocrit responses for greater than or equal to 80 weeks was 92% and 89%, respectively, and hence Jakafi could be an effective long-term treatment option for patients with polycythemia vera who are hydroxyurea-resistant or intolerant. At the week 208 analysis, the overall long-term safety profile remained consistent with the 80-week data analysis and the response was durable. In both the Jakafi arm and the crossover population, around 30% of patients completed the study treatment and 37% of patients were still receiving treatment.
|
GZT | Hot Stocks15:44 EDT Gazit Brazil completes sale of Extra Itaim in Sao Paulo - Gazit-Globe announced that its wholly owned subsidiary, Gazit Brasil, completed the sale of Extra Itaim in Sao Paulo for total proceeds of R$350M realizing a cash gain of R$140M. The sale price represents a gain of R$108M above the IFRS value in Gazit-Globe financial reports as of September 30, 2017.
|
SO... | Hot Stocks15:42 EDT DOE approves Toshiba agreement to deliver $3.2B in Vogtle project payments - The U.S. Department of Energy has issued the final approval needed for Georgia Power's (SO) new agreement with Toshiba (TOSBF; TOSYY), the parent company of former primary Vogtle contractor Westinghouse, to receive all remaining scheduled payments from Toshiba in the amount of approximately $3.2B by December 15, 2017. Georgia Power's proportionate share of the payments is approximately $1.47B. To date, the Vogtle co-owners - Georgia Power, Oglethorpe Power, MEAG Power and Dalton Utilities - have received $455M in total scheduled payments from Toshiba under the parent guarantee for the Vogtle project - a structure which was put in place to protect Georgia electric customers as part of the original contract.
|
LPT | Hot Stocks15:33 EDT Liberty Property announces Q4 dividend of 40c - Liberty Property Trust announced that its board of trustees has declared a cash dividend of 40c per share on the company's common shares of beneficial interest for Q4 of 2017. The dividend will be payable on January 15, 2018 to shareholders of record on January 2, 2018.
|