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SFTBY... | Hot Stocks19:28 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Boeing (BA) engineers working on a flight-control system for the 737 Max omitted key safeguards that had been included in an earlier version of the same system used on a military tanker jet, The Wall Street Journal's Alison Sider and Andrew Tangel reported, citing people familiar with the matter. 2. SoftBank (SFTBY) is tapping Marcelo Claure to help turn around WeWork (WE), after ousting co-founder and Chief Executive Officer Adam Neumann, Bloomberg's Giles Turner, Sarah McBride and Liana Baker reported. Masayoshi Son, the head of SoftBank, WeWork's largest investor, has asked the former CEO of Sprint (S) to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank, but no decision has been made on his exact role, people familiar with the matter said. 3. Nothing seems to be going right for American Airlines (AAL) this year, including Boeing grounding the 737 Max and taking 24 of American's 956 mainline jets out of service, Al Root wrote in this week's edition of Barron's. The troubles have hammered the company's shares, the author noted, with some investors betting that this is about as bad as it gets. If the Boeing 737 Max can return to service and a contract is reached with the mechanics union, the reasoning goes, the shares could be ready for takeoff, he contended. 4. DreamWork's "Abominable" won the domestic box office with $20.9M in its first weekend. The movie is set to open Tuesday in China. Elsewhere overseas, the movie grossed $8.8M from 30 markets for a total of $31M globally. The film received an A CinemaScore and 79% on Rotten Tomatoes. 5. Netflix (NFLX), Slack Technologies (WORK), and Wells Fargo (WFC) saw positive mentions in this week's edition of Barron's.
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IMMU RHHBY | Hot Stocks17:23 EDT Immunomedics presents interim data from TROPHY-U-01 open-label Phase 2 trial - Immunomedics (IMMU) presented at the European Society for Medical Oncology Annual Congress interim data from the 100-patient cohort of cisplatin-eligible patients of the company's TROPHY-U-01 open-label Phase 2 study. In this interim report, sacituzumab govitecan produced an overall response rate of 29% in 35 patients with metastatic urothelial cancer who have relapsed or are refractory to immune checkpoint inhibitors and platinum-based chemotherapy. The 29% ORR included two confirmed complete responses, six confirmed partial responses and two additional PRs pending confirmation. At the time of data cutoff on August 5, 2019, eight of ten responders have ongoing response. Median time to onset of response was 1.5 months. For patients with liver metastases, ORR was 25%. Consistent with the company's previous observations, sacituzumab govitecan was well tolerated with a predictable safety profile. In addition, the company announced two clinical collaborations that address continuing unmet needs in breast cancer. The collaboration with Roche (RHHBY) will evaluate the safety and efficacy of the combination of atezolizumab, a programmed cell death ligand 1-blocking checkpoint inhibitor, and sacituzumab govitecan, as a frontline treatment of patients with metastatic or inoperable locally advanced TNBC. The open-label, multicenter, randomized Phase 1b/2 study will be conducted as part of MORPHEUS, Roche's novel cancer immunotherapy development platform. Patients with newly-diagnosed mTNBC will be randomized to receive the combination of atezolizumab and sacituzumab govitecan or nab-paclitaxel plus atezolizumab as standard of care. MORPHEUS is a Phase 1b/2 adaptive platform to develop combinations of cancer immunotherapies more rapidly and efficiently. Roche will be responsible for conducting the randomized trial. Further, Immunomedics and the GBG Forschungs-GmbH, Neu-Isenburg, Germany, have entered into a collaboration to develop sacituzumab govitecan as a treatment for newly-diagnosed breast cancer patients who do not achieve a pathological complete response following standard neoadjuvant therapy.
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IMGN | Hot Stocks17:12 EDT ImmunoGen presents initial data from Phase 1b FORWARD II triplet cohort - ImmunoGen announced initial safety and overall response data from the Phase 1b FORWARD II triplet cohort evaluating mirvetuximab in combination with carboplatin and Avastin in patients with recurrent, platinum-sensitive ovarian cancer at the European Society for Medical Oncology 2019 Congress in Barcelona, Spain. In 41 patients with recurrent platinum-sensitive disease with medium or high folate receptor alpha expression levels who have received up to two prior lines of therapy, the confirmed overall response rate for the triplet was 83%, with a complete response rate of 17%. In a subset of 31 patients with only 1 prior line, the confirmed ORR was 90%, with a CR rate of 19%. These efficacy outcomes are encouraging relative to those reported in similar patient populations for other carboplatin and bevacizumab-based triplets. With a median follow up of 9.3 months, progression-free survival data are maturing. The combination of full dose mirvetuximab, carboplatin and bevacizumab is well tolerated. No new safety signals were seen; adverse events observed with the triplet were as expected based on the side effect profiles of each agent, with thrombocytopenia as the most common cause of drug-related discontinuations. Post-carboplatin, mirvetuximab and bevacizumab continuation/maintenance is well tolerated.
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IMGN | Hot Stocks17:11 EDT ImmunoGen presents full data from Phase 3 FORWARD I study - ImmunoGen announced full data and additional exploratory analyses from the Phase 3 FORWARD I study evaluating mirvetuximab soravtansine compared to chemotherapy in women with folate receptor alpha-positive, platinum-resistant ovarian cancer during an oral presentation at the European Society for Medical Oncology 2019 Congress in Barcelona, Spain. "While it is disappointing that FORWARD I did not meet the primary endpoint of progression-free survival, mirvetuximab demonstrated consistent and meaningful efficacy signals in patients with high levels of FRalpha expression and was well tolerated with a differentiated safety profile in both the ITT and FRalpha high populations," said Kathleen Moore, Associate Director of Clinical Research at the Stephenson Cancer Center at the University of Oklahoma. The FORWARD I Phase 3 trial randomized 366 patients 2:1 to receive either mirvetuximab or the physician's choice of single-agent chemotherapy. Eligibility criteria included patients with platinum-resistant ovarian cancer that expressed medium or high levels of FRalpha, who had been treated with up to three prior regimens. The primary endpoint of this study was progression-free survival, which was assessed using the Hochberg procedure in the entire study population and in the subset of patients with high FRalpha expression. The Hochberg procedure enables the simultaneous testing of two overlapping populations. Under this statistical analysis plan, if the p-value of the primary endpoint in either population is greater than 0.05, the p-value in the other population needs to be less than or equal to 0.025 to achieve statistical significance. In the entire study population, the confirmed overall response rate was higher for mirvetuximab than for chemotherapy, without a significant difference in the primary endpoint of PFS or overall survival. In the pre-specified FRalpha high subgroup: Median PFS was longer in patients who received mirvetuximab compared with chemotherapy. Given that the p-value in the entire study population exceeded 0.05, the statistical analysis plan for the study required the p-value in the high subset to be less than or equal to 0.025 to achieve statistical significance. Confirmed ORR was higher for mirvetuximab than for chemotherapy.
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EW | Hot Stocks17:05 EDT Edwards Lifesciences announces new data from PARTNER 3 trial - Edwards Lifesciences announced new data demonstrating early and sustained health status advantages for severe aortic stenosis patients at low surgical risk treated with the Edwards SAPIEN 3 valve. The new 1-year data, involving approximately 1,000 patients enrolled in the PARTNER 3 trial, showed significant improvements in health status as well as overall physical and mental well-being after treatment with either transcatheter aortic valve replacement with the Edwards SAPIEN 3 valve or surgical aortic valve replacement. When the treatment strategies were compared, TAVR patients improved more rapidly than surgery patients as demonstrated by a difference of 16.0 points between the groups in Kansas City Cardiomyopathy Questionnaire Overall Summary Scores at 1 month. While similar findings of early health status benefit with TAVR have been seen in prior studies of higher risk AS patients, this study also observed a sustained health status benefit of TAVR compared with SAVR at later time points of 6 months and 1 year. Furthermore, when mortality and the extent of quality of life improvement were evaluated together, the benefit of transfemoral TAVR with the SAPIEN 3 valve compared with surgery persisted through 1 year. The U.S. Food and Drug Administration approved the Edwards SAPIEN 3 and SAPIEN 3 Ultra valves for low-risk patients last month, based on data from the landmark PARTNER 3 Trial, and the launch is underway. In the PARTNER 3 Trial, TAVR with the SAPIEN 3 system achieved superiority, with a 46% reduction in the event rate for the primary endpoint of the trial, which was a composite of all-cause mortality, all stroke and rehospitalization at one year.
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ABT | Hot Stocks17:02 EDT Abbott announces new analyses of COAPTTM Trial - Abbott announced new analyses of the landmark COAPTTM Trial that show the company's MitraClipTM device is cost effective and is projected to increase both life-expectancy and quality of life compared to guideline-directed medical therapy alone in heart failure patients with secondary mitral regurgitation (MR), or a leaky mitral heart valve. The cost-effectiveness analysis also showed additional benefits of MitraClip, including decreased use of health resources after implantation. In addition, a second late-breaking data presentation at TCT showed that over a longer-term follow-up period within the COAPT Trial, MitraClip continued to remain safe, with durable MR reduction, reduced hospitalization rates, and improved survival and quality of life compared to medical therapy alone. In tandem, the two late-breaking data sets provide strong evidence of MitraClip's impact on treating secondary MR. Significant secondary MR has historically been difficult to manage, is associated with a poor prognosis, and can lead to reduced quality of life, recurrent hospitalizations and decreased survival. The COAPT Trial cost-effectiveness analysis demonstrated: Transcatheter mitral valve repair using MitraClip in patients with significant secondary MR was projected to increase life-expectancy by 1.13 years and quality-adjusted life-years by 0.82 years. TMVr using MitraClip in patients with significant secondary MR yielded an "Incremental Cost-Effectiveness Ratio" of $55,600 per quality-adjusted life year vs GDMT. The health economic data from the COAPT Trial is the first time a pre-specified economic analysis was integrated into a pivotal randomized controlled trial that involved a mitral valve repair device. Results show that, compared with guideline directed medical therapy , TMVR using MitraClip was: Safe, provided continued reduction in MR, reduced the rate of heart failure hospitalizations; Improved survival at 36 months; Provided durable improvements in quality of life at 24 months compared to medical therapy. The three-year clinical results may further help inform a coverage review being conducted by the Centers for Medicare & Medicaid Services' for an expanded National Coverage Determination of the procedure, the company said. CMS anticipates issuing a proposed decision memo in February 2020 and will issue a final decision in May 2020.
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HCM | Hot Stocks16:58 EDT Hutchison China MediTech presents results from Phase III stufe of surufatinib - Hutchison China MediTech presented the results of the Phase III study of surufatinib in advanced neuroendocrine tumors - extra-pancreatic at the 2019 European Society for Medical Oncology Congress. The study has met the pre-defined primary endpoint of progression free survival early. Patients treated with surufatinib were 67% less likely to see their disease progress or die as compared to patients on placebo control, assessed by local investigators. As announced in June 2019, the independent Data Monitoring Committee for the trial recommended that the study stop early because it had met the pre-defined primary endpoint of PFS during a planned interim analysis. Preparations are now underway for the potential NDA submission by year end 2019 for this indication in China. At data cut-off as of March 31, 2019, 198 patients were randomized 2:1 to treatment with either 300 mg of surufatinib orally daily or placebo control on a 28-day cycle. Median PFS per investigator assessment was 9.2 months for patients treated with surufatinib, as compared to 3.8 months for patients in the placebo group. The efficacy of surufatinib was seen across all subgroups, and supported by statistically significant improvement as measured by secondary efficacy endpoints including objective response rate, disease control rate, time to response, duration of response, safety, and tolerability. Efficacy was also supported by Blinded Independent Image Review Committee assessment. Overall survival data was not mature, with only 18.7% OS events at data cut-off. Surufatinib was generally well-tolerated in this study and the safety profile is consistent with observations in prior clinical studies.
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LLY | Hot Stocks16:55 EDT Eli Lilly presents data from LIBRETTO-001 clinical trial - Eli Lilly presented data from the LIBRETTO-001 clinical trial intended to support the registration of oral selpercatinib1 monotherapy, also known as LOXO-292, for the treatment of RET-altered thyroid cancers. RET-altered thyroid cancers are comprised of two different populations, RET-mutant medullary thyroid cancer and RET fusion-positive thyroid cancers. In the RET-mutant MTC registration dataset consisting of the first 55 enrolled patients with prior cabozantinib and/or vandetanib2, selpercatinib treatment resulted in a 56% objective response rate. This population was heavily pretreated, and ORR was similar regardless of prior multikinase inhibitor therapy. As of the data cut-off date of June 17, 2019, median duration of response was not reached and median progression-free survival was not reached. Selpercatinib therapy also resulted in robust biochemical response rates for serum tumor markers calcitonin and carcinoembryonic antigen. In a safety analysis of all 531 patients enrolled to LIBRETTO-001, selpercatinib was well-tolerated, with only nine patients discontinuing therapy due to treatment-related adverse events. Investigators also presented the results of selpercatinib in RET-mutant MTC patients who have received neither cabozantinib nor vandetanib. In this analysis of 76 patients, selpercatinib treatment resulted in a 59% ORR. Median DOR and PFS were not reached in this treatment-naive population, as the vast majority of patients remain in response or progression-free. Investigators also presented the results of selpercatinib in heavily pretreated RET fusion-positive thyroid cancer patients. In this analysis of 26 patients, selpercatinib treatment resulted in a 62% ORR. Median DOR and PFS were not reached in this population, as the vast majority of patients remain in response or progression-free.
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LLY | Hot Stocks16:50 EDT Eli Lilly announces results from Phase 3 MONARCH 2 clinical trial - Eli Lilly announced Verzenio in combination with fulvestrant significantly extended life by a median of 9.4 months in women with hormone receptor-positive, human epidermal growth factor receptor 2-negative advanced or metastatic breast cancer previously treated with endocrine therapy. Results from the Phase 3 MONARCH 2 clinical trial, which included both pre/peri- and postmenopausal women, were consistent across subgroups. Additionally, in women previously treated with endocrine therapy whose cancer quickly returned or spread to other parts of the body, called primary endocrine resistance, the results were consistent with the intent-to-treat population. Similar results were observed in women whose cancer spread to their organs, such as liver or lungs. These are characteristics of aggressive disease that indicate a woman may be more likely to do worse. Both of these analyses were pre-defined and results are consistent with the ITT results from the MONARCH 2 study which had previously demonstrated a statistically significant improvement in the primary endpoint of progression-free survival, with overall survival as a secondary endpoint of the trial. In addition to extending life, an exploratory analysis of these data has shown Verzenio in combination with fulvestrant delayed the time to chemotherapy, with a median time to chemotherapy of 50.2 months versus 22.1 months in the placebo arm. In this exploratory analysis, women who died before receiving chemotherapy were included up until the date of death. This finding may be an important treatment consideration in advanced breast cancer as physicians aim to postpone the use of chemotherapy for as long as possible. The safety profile was consistent with that of the primary analysis of MONARCH 2. No new safety signals were observed with long term follow-up and at the time of analysis, 17% of patients in the Verzenio arm remained on treatment versus 4 percent in the placebo arm. These positive results definitively showed that Verzenio plus fulvestrant reached statistical significance at a pre-planned interim analysis. Lilly will continue to monitor patients enrolled in the trial. Any additional analyses will be considered post-hoc. Lilly plans to submit these overall survival data to global regulatory authorities. Verzenio in combination with fulvestrant is currently approved in more than 50 countries worldwide. Additional data for investigational use of Verzenio presented at ESMO include results from the monarcHER trial, the first randomized clinical trial of a CDK4 & 6 inhibitor in combination with endocrine therapy versus standard-of-care chemotherapy for HR+, HER2+ patients, and results from MONARCH plus, the first trial of a CDK4 & 6 inhibitor in a predominatly Chinese population of women with HR+, HER2- advanced breast cancer.
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CALA INCY | Hot Stocks16:47 EDT Calithera presents data from first-in-class oral arginase inhibitor INCB001158 - Calithera Biosciences (CALA) announced the presentation of new data from the investigational first-in-class oral arginase inhibitor INCB001158 as a monotherapy and in combination with the checkpoint inhibitor pembrolizumab in microsatellite stable colorectal carcinoma patients. Calithera has a global collaboration and license agreement with Incyte (INCY) for the joint research, development and commercialization of INCB001158 in hematology and oncology. Calithera and Incyte are collaborating to conduct this Phase 1 study evaluating INCB001158 as monotherapy and in combination with the PD-1 inhibitor pembrolizumab in checkpoint inhibitor refractory and naive advanced/metastatic solid tumors. Data were presented as of the data cut-off of July 22, 2019. The study was designed as a dose escalation of INCB001158 alone and in combination with pembrolizumab followed by expansion cohorts which followed a Simon 2 Stage design. There were three monotherapy expansion cohorts and eight combination expansion cohorts, including PD-(L)1-naive and PD-(L)1 refractory patients. The PD-(L)1-naive MSS colorectal carcinoma patient cohort has advanced to stage 2 of a Simon 2-stage design. Among 43 response-evaluable patients who had received a median of 3 prior therapies, 3 patients achieved a confirmed partial response; the historical overall response rate is 0-1% in second- and third-line MSS CRC patients treated with checkpoint inhibitor therapies. Two of the three responders are ongoing at the time of data cutoff with a duration of response of 2.4+ and 7+ months respectively. The third responder had a duration of response of 6.7 months. The six month PFS rate for the cohort was 20%. Pharmacodynamic increases in total intratumoral CD8+ cells were seen post-treatment with INCB001158 + pembrolizumab in MSS CRC patients. The colorectal carcinoma monotherapy cohort has advanced to stage 2 of a Simon 2-stage design. Among 33 response-evaluable MSS CRC patients, one patient achieved a confirmed partial response and one patient achieved stable disease lasting seven months. Both patients had disease progression within six months on their immediately preceding line of therapy. The disease control rate for the monotherapy MSS CRC cohort was 27%. INCB001158 inhibited plasma arginase activity at all doses and induced dose-related increases in plasma arginine, including a mean three-fold increase at the recommended phase 2 dose of 100 mg bid. A total of 85 patients with advanced solid tumors were treated with INCB001158 as a monotherapy in doses of 50 to 150mg bid and were evaluable for safety. A maximum tolerated dose was not reached. Immune-related adverse events included one dose-limiting toxicity each of Grade 2 malaise and Grade 3 colitis. Clinically significant urea cycle inhibition was not seen. A total of 114 PD-(L)1-naive and PD-(L)1 refractory patients were treated in INCB001158 in combination with pembrolizumab and evaluable for safety across multiple disease specific cohorts. The overall frequency and severity of immune related adverse events was consistent with the pembrolizumab safety profile.
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IMGN | Hot Stocks16:46 EDT ImmunoGen reports 83% overall response rate for Phase 1b triplet cohort - ImmunoGen announced initial safety and overall response data from the Phase 1b FORWARD II triplet cohort evaluating mirvetuximab in combination with carboplatin and Avastin in patients with recurrent, platinum-sensitive ovarian cancer at the European Society for Medical Oncology 2019 Congress in Barcelona, Spain. In 41 patients with recurrent platinum-sensitive disease with medium or high folate receptor alpha expression levels who have received up to two prior lines of therapy, the confirmed overall response rate for the triplet was 83%, with a complete response rate of 17%. In a subset of 31 patients with only 1 prior line, the confirmed ORR was 90%, with a CR rate of 19%. These efficacy outcomes are encouraging relative to those reported in similar patient populations for other carboplatin and bevacizumab-based triplets. With a median follow up of 9.3 months, progression-free survival data are maturing. The combination of full dose mirvetuximab, carboplatin and bevacizumab is well tolerated. No new safety signals were seen; adverse events observed with the triplet were as expected based on the side effect profiles of each agent, with thrombocytopenia as the most common cause of drug-related discontinuations. Post-carboplatin, mirvetuximab and bevacizumab continuation/maintenance is well tolerated.
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IMGN | Hot Stocks16:44 EDT ImmunoGen says Phase 3 Forward I trial did not meet primary endpoint - ImmunoGen announced full data and additional exploratory analyses from the Phase 3 Forward I study evaluating mirvetuximab soravtansine compared to chemotherapy in women with folate receptor alpha-positive, platinum-resistant ovarian cancer during an oral presentation at the European Society for Medical Oncology 2019 Congress in Barcelona, Spain. "While it is disappointing that Forward I did not meet the primary endpoint of progression-free survival, mirvetuximab demonstrated consistent and meaningful efficacy signals in patients with high levels of FRalpha expression and was well tolerated with a differentiated safety profile in both the ITT and FRalpha high populations," said Kathleen Moore, Associate Director of Clinical Research at the Stephenson Cancer Center at the University of Oklahoma. The Forward I Phase 3 trial randomized 366 patients 2:1 to receive either mirvetuximab or the physician's choice of single-agent chemotherapy. Eligibility criteria included patients with platinum-resistant ovarian cancer that expressed medium or high levels of FRalpha, who had been treated with up to three prior regimens. The primary endpoint of this study was progression-free survival, which was assessed using the Hochberg procedure in the entire study population and in the subset of patients with high FRalpha expression. The Hochberg procedure enables the simultaneous testing of two overlapping populations. Under this statistical analysis plan, if the p-value of the primary endpoint in either population is greater than 0.05, the p-value in the other population needs to be less than or equal to 0.025 to achieve statistical significance. In the entire study population, the confirmed overall response rate was higher for mirvetuximab than for chemotherapy, without a significant difference in the primary endpoint of PFS or overall survival. In the pre-specified FRalpha high subgroup: Median PFS was longer in patients who received mirvetuximab compared with chemotherapy. Given that the p-value in the entire study population exceeded 0.05, the statistical analysis plan for the study required the p-value in the high subset to be less than or equal to 0.025 to achieve statistical significance. Confirmed ORR was higher for mirvetuximab than for chemotherapy. OS was longer in patients who received mirvetuximab compared with chemotherapy. The trend in improved OS in patients who received mirvetuximab compared with chemotherapy persisted with an additional 6 months of follow-up. Mirvetuximab was well-tolerated, with fewer patients experiencing grade 3 or greater treatment emergent adverse events, fewer dose reductions, and fewer discontinuations due to drug-related TEAEs compared with chemotherapy. The safety profile of mirvetuximab was confirmed. Over twice the percentage of patients who received mirvetuximab compared with chemotherapy reported improved quality of life, as measured by at least a 15-point improvement in the abdominal/GI symptom subscale of the EORTC-QLQ OV28.
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MRK | Hot Stocks16:43 EDT Merck presents data from pivotal neoadjuvant/adjuvant Phase 3 KEYNOTE-522 trial - Merck announced results from the pivotal neoadjuvant/adjuvant Phase 3 KEYNOTE-522 trial in patients with early-stage triple-negative breast cancer. The trial investigated a regimen of neoadjuvant KEYTRUDA, Merck's anti-PD-1 therapy, plus chemotherapy, followed by adjuvant KEYTRUDA as monotherapy compared with a regimen of neoadjuvant chemotherapy followed by adjuvant placebo. In the neoadjuvant phase, KEYTRUDA plus chemotherapy resulted in a statistically significant increase in pathological complete response versus chemotherapy, from 51.2% with neoadjuvant chemotherapy to 64.8% for neoadjuvant KEYTRUDA plus chemotherapy, in patients with early-stage TNBC. Pathological complete response, one of the dual primary endpoints was defined as ypT0/Tis ypN0. The improvement seen when adding KEYTRUDA to neoadjuvant chemotherapy was observed regardless of PD-L1 expression. In the other dual primary endpoint of event-free-survival, with a median follow-up of 15.5 months, the KEYTRUDA regimen reduced the risk of progression in the neoadjuvant phase and recurrence in the adjuvant phase by 37% - a favorable trend for EFS - compared with the chemotherapy-placebo regimen. The safety profiles of KEYTRUDA and chemotherapy in KEYNOTE-522 were consistent with previous studies. As previously announced, KEYTRUDA plus chemotherapy was granted Breakthrough Therapy designation by the U.S. Food and Drug Administration for the neoadjuvant treatment of patients with high-risk, early-stage TNBC. The BTD was granted based on data from Phase 1b KEYNOTE-173 and Phase 2 I-SPY2 trial, which demonstrated encouraging anti-tumor activity with neoadjuvant KEYTRUDA plus chemotherapy in these patients. As previously announced, Merck plans to share early interim analysis data from KEYNOTE-522 with regulatory authorities. The company continues to progress a robust clinical development program for KEYTRUDA in breast cancer, which encompasses several internal studies and external collaborative trials, including KEYNOTE-355 and KEYNOTE-242.
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SGEN | Hot Stocks16:37 EDT Seattle Genetics presents data from single arm Phase 2 MOUNTAINEER trial - Seattle Genetics announced that initial data were presented from the single arm phase 2 clinical trial known as MOUNTAINEER. The trial is evaluating the investigational agent tucatinib in combination with trastuzumab in patients with HER2-positive, RAS wild-type metastatic colorectal cancer after treatment with first- and second-line standard-of-care therapies. The regimen demonstrated antitumor activity and was well tolerated. Objective response rate was 52.2% with a median duration of response of 10.4 months. Median progression-free survival was 8.1 months. Median overall survival was 18.7 months. The combination of tucatinib and trastuzumab was well tolerated. The most common treatment-related adverse events were Grade 1 in severity. There were no Grade 4 or 5 treatment-related adverse events.
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IMMU | Hot Stocks16:32 EDT Immunomedics presents initial data from Phase 1b FORWARD II triplet cohort - ImmunoGen announced initial safety and overall response data from the Phase 1b FORWARD II triplet cohort evaluating mirvetuximab in combination with carboplatin and Avastin in patients with recurrent, platinum-sensitive ovarian cancer at the European Society for Medical Oncology 2019 Congress in Barcelona, Spain. In 41 patients with recurrent platinum-sensitive disease with medium or high folate receptor alpha expression levels who have received up to two prior lines of therapy, the confirmed overall response rate for the triplet was 83%, with a complete response rate of 17%. In a subset of 31 patients with only 1 prior line, the confirmed ORR was 90%, with a CR rate of 19%. These efficacy outcomes are encouraging relative to those reported in similar patient populations for other carboplatin and bevacizumab-based triplets. With a median follow up of 9.3 months, progression-free survival data are maturing. The combination of full dose mirvetuximab, carboplatin and bevacizumab is well tolerated. No new safety signals were seen; adverse events observed with the triplet were as expected based on the side effect profiles of each agent, with thrombocytopenia as the most common cause of drug-related discontinuations. Post-carboplatin, mirvetuximab and bevacizumab continuation/maintenance is well tolerated.
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GTHX | Hot Stocks16:30 EDT G1 Therapeutics presents first clinical data on Oral SERD G1T48 - G1 Therapeutics announced preliminary results from a Phase 1/2a dose-escalation study of G1T48, an oral selective estrogen receptor degrader, in patients with estrogen receptor-positive, HER2-negative breast cancer. In the trial, G1T48 was well tolerated and demonstrated evidence of anti-tumor activity in heavily pre-treated patients. Safety, tolerability, pharmacokinetics, pharmacodynamics and anti-tumor activity of G1T48 were evaluated in an open-label, dose-escalation Phase 1 trial. The data reported are from 26 post-menopausal women with ER+, HER2- breast cancer who were eligible to receive up to three lines of prior chemotherapy in the metastatic setting and up to three endocrine therapies, including fulvestrant, aromatase inhibitors and tamoxifen, in the metastatic setting. This was a difficult to treat, heavily pre-treated population: 65% of patients had received greater than or equal to 3 lines of therapy, 85% of patients had prior treatment with fulvestrant and most had received one or more targeted therapies. Preliminary findings showed: G1T48 was well tolerated with no dose-limiting toxicities reported at any of the five dose levels studied; maximum tolerated dose was not reached. No patient experienced a serious adverse event related to G1T48. Seven patients remain on treatment. There was a dose-dependent increase in drug exposure; dosing with food reduced variability and increased exposure. Significant decreases in 18F-FES PET uptake during G1T48 treatment indicated target engagement for all doses tested. Of 19 patients with RECIST measurable tumors: The clinical benefit rate across all doses was 15.8%. Seven patients experienced stable disease across all doses. One patient experienced a confirmed partial response. Based on safety and tolerability findings in the Phase 1b portion of this trial, the company selected the 600 mg and 1,000 mg doses of G1T48 for evaluation in the ongoing Phase 2a portion and will use these data to select the dose for pivotal trials. The company plans to initiate a first-line Phase 3 trial of G1T48 in combination with an oral CDK4/6 inhibitor for the treatment of ER+, HER2- breast cancer in 2020.
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IMMU | Hot Stocks16:23 EDT Immunomedics presents full data from Phase 3 FORWARD I study - ImmunoGen announced full data and additional exploratory analyses from the Phase 3 FORWARD I study evaluating mirvetuximab soravtansine compared to chemotherapy in women with folate receptor alpha-positive, platinum-resistant ovarian cancer during an oral presentation at the European Society for Medical Oncology 2019 Congress in Barcelona, Spain. "While it is disappointing that FORWARD I did not meet the primary endpoint of progression-free survival, mirvetuximab demonstrated consistent and meaningful efficacy signals in patients with high levels of FRalpha expression and was well tolerated with a differentiated safety profile in both the ITT and FRalpha high populations," said Kathleen Moore, Associate Director of Clinical Research at the Stephenson Cancer Center at the University of Oklahoma. The FORWARD I Phase 3 trial randomized 366 patients 2:1 to receive either mirvetuximab or the physician's choice of single-agent chemotherapy. Eligibility criteria included patients with platinum-resistant ovarian cancer that expressed medium or high levels of FRalpha, who had been treated with up to three prior regimens. The primary endpoint of this study was progression-free survival, which was assessed using the Hochberg procedure in the entire study population and in the subset of patients with high FRalpha expression. The Hochberg procedure enables the simultaneous testing of two overlapping populations. Under this statistical analysis plan, if the p-value of the primary endpoint in either population is greater than 0.05, the p-value in the other population needs to be less than or equal to 0.025 to achieve statistical significance. In the entire study population, the confirmed overall response rate was higher for mirvetuximab than for chemotherapy, without a significant difference in the primary endpoint of PFS or overall survival. In the pre-specified FRalpha high subgroup: Median PFS was longer in patients who received mirvetuximab compared with chemotherapy. Given that the p-value in the entire study population exceeded 0.05, the statistical analysis plan for the study required the p-value in the high subset to be less than or equal to 0.025 to achieve statistical significance. Confirmed ORR was higher for mirvetuximab than for chemotherapy. OS was longer in patients who received mirvetuximab compared with chemotherapy. The trend in improved OS in patients who received mirvetuximab compared with chemotherapy persisted with an additional 6 months of follow-up. Mirvetuximab was well-tolerated, with fewer patients experiencing grade 3 or greater treatment emergent adverse events, fewer dose reductions, and fewer discontinuations due to drug-related TEAEs compared with chemotherapy. The safety profile of mirvetuximab was confirmed. Over twice the percentage of patients who received mirvetuximab compared with chemotherapy reported improved quality of life, as measured by at least a 15-point improvement in the abdominal/GI symptom subscale of the EORTC-QLQ OV28.
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CLVS | Hot Stocks16:15 EDT Clovis announces updated data from Phase 2 TRITON2 trial - Clovis Oncology announced updated data from the Phase 2 TRITON2 trial at the European Society for Medical Oncology Congress 2019, reinforcing the potential of Rubraca for the treatment of patients with metastatic castration-resistant prostate cancer with a BRCA1/2 mutation. The data show a 43.9% confirmed objective response rate by investigator assessment in 57 RECIST/PCWG3 response-evaluable patients with a BRCA1/2 mutation. When assessed by independent radiological review, the response rate was similar. In addition, a 52.0% confirmed prostate-specific antigen response rate was observed in 98 response-evaluable patients with a BRCA1/2 mutation. Confirmed radiographic responses were durable, with 60% lasting 24 weeks or longer. The TRITON2 data will be used to support the filing of Clovis Oncology's planned supplemental NDA to the Food and Drug Administration for Rubraca in BRCA1/2-mutant advanced prostate cancer. Confirmed investigator-assessed RECIST and PSA responses were also observed in patients with alterations in other DDR genes, including ATM, CDK12, CHEK2, PALB2, BRIP1, FANCA, and RAD51B. The median duration of follow-up for patients in TRITON2 was 13.1 months with the safety profile consistent with prior reports. Clovis Oncology is further evaluating the potential of Rubraca to treat advanced prostate cancer in the TRITON3 clinical trial - a multicenter, randomized, open-label Phase 3 study of Rubraca versus physician's choice of therapy - for patients with mCRPC. TRITON3 is currently enrolling patients with BRCA1/2-mutant and ATM-mutant tumors with a primary objective of assessing radiographic progression-free survival in these patients.
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MRK | Hot Stocks16:12 EDT Merck announces results from KEYNOTE-146/Study 111 of KEYTRUDA plus LENVIMA - Merck (MRK) and Eisai announced final results from the full endometrial cancer cohort of KEYNOTE-146/Study 111 evaluating KEYTRUDA, Merck's anti-PD-1 therapy, plus LENVIMA, an orally available kinase inhibitor discovered by Eisai. The primary endpoint was objective response rate at week 24 as assessed by investigators per immune-related Response Evaluation Criteria in Solid Tumors. KEYNOTE-146/Study 111 supported the U.S. Food and Drug Administration approval for the combination of KEYTRUDA plus LENVIMA for the treatment of patients with advanced endometrial carcinoma that is not microsatellite instability-high or mismatch repair deficient, who have disease progression following prior systemic therapy and are not candidates for curative surgery or radiation. This indication is approved under accelerated approval based on tumor response rate and durability of response. In Sept. 2019, the Australian Therapeutic Goods Administration and Health Canada also approved the combination of KEYTRUDA plus LENVIMA for the treatment of advanced endometrial carcinoma. Continued approval for this indication may be contingent in each jurisdiction upon verification and description of clinical benefit in the confirmatory trial.
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ABT | Hot Stocks16:08 EDT Abbott announces outcomes data for device to repair leaky Tricuspid heart valves - Abbott announced new data that suggest Abbott's investigational TriClip device may offer physicians an effective minimally invasive repair option for patients suffering from a leaky tricuspid valve, a condition also known as tricuspid regurgitation. For patients suffering from moderate to severe TR, the new data found treatment with TriClip was safe and associated with strong clinical improvement at six-months, including a reduction in TR and improvement in quality of life. The results build upon the initial 30 day data from the TRILUMINATE Feasibility Study, which suggested the promise of TriClip in treating people suffering from this difficult-to-manage structural heart disease. After six months, the TRILUMINATE Feasibility Study showed patients who received Abbott's TriClip device saw a number of benefits, including: Reduction of tricuspid regurgitation - Within the study, 87% of patients had a reduction in their TR at 6 months, with 57% of patients implanted having a TR classification of moderate or better vs. only 6% of patients with the same classification at the time of enrollment; Symptom improvement - Patients receiving TriClip had reduction in their symptoms, with 87% of patients implanted with TriClip being classified as NYHA functional class I/II at six months versus only 25% of patients receiving the same classification at the time of enrollment; Quality of life improvements - Patients receiving TriClip showed improved KCCQ scores and a reduction in symptoms that are associated with a reduced burden of their clinical condition and improved physical output. The TRILUMINATE Feasibility study was a prospective, single-arm, multi-center study, which investigated the performance of Abbott's proven clip-based repair technology using the tricuspid valve repair system, TriClip, in 21 sites across the U.S. and Europe.
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BDX | Hot Stocks16:03 EDT BD announces independent analysis publication of LUTONIX 035 DCB femoropopliteal - Becton Dickinson announced the publication of a company-initiated, independent analysis of the LUTONIX 035 Drug Coated Balloon femoropopliteal clinical program in the Journal of the American College of Cardiology: Cardiovascular Interventions. These data were simultaneously presented in a late-breaking session at Transcatheter Cardiovascular Therapeutics, the annual scientific symposium of the Cardiovascular Research Foundation. This independent analysis evaluated LUTONIX 035 DCB and standard percutaneous transluminal angioplasty safety outcomes using patient-level data and propensity-matching from three LUTONIX DCB randomized, controlled trials: LEVANT 1, LEVANT 2 and LEVANT Japan, as well as the Continued Access cohort of the LEVANT 2 trial, and confirmed that there was no statistically significant increase in mortality with the use of LUTONIX 035 DCB. Further, a medical advisory committee comprised of an interventionalist and oncologist re-evaluated the cause of death in the LEVANT 1 and LEVANT 2 trials, including the LEVANT 2 Continued Access cohort. This independent review confirmed through adjudication that zero deaths were determined to be related to paclitaxel. Moreover, no clustering or pattern of death in any cardiovascular or non-cardiovascular categories was observed, which would have indicated a causal relationship between paclitaxel and death.
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GH | Hot Stocks15:58 EDT Guardant Health presents data from Phase II TRIUMPH trial - Guardant Health and the National Cancer Center Hospital East present data at the European Society of Medical Oncology conference from a prospective, multi-center phase II clinical trial, TRIUMPH. The study showed that patients with metastatic colorectal cancer with a HER2 amplification detected by the Guardant360 assay experienced clinical benefit from National Comprehensive Cancer Network guideline-recommended HER2-directed combination therapy. The study included patients with RAS-wild-type mCRC refractory to standard EGFR-directed therapies, and HER2 amplification detected using standard tissue-based testing or Guardant360. An interim analysis, led by principal investigators from the National Cancer Center Hospital East in Japan, demonstrated that mCRC patients with HER2 amplification detected by Guardant360 and treated with HER2-directed combination therapy achieved an objective response rate of 33.3%. Excluding patients with known markers of resistance detected by Guardant360, the ORR was 45.5%. The overall median progression-free survival was 4.0 months, and the median duration of response was 4.2 months. Importantly, patients with HER2-amplified tumors who also had Guardant360-detected mutations in KRAS, NRAS, PIK3CA or HER2 had much poorer responses and shorter PFS. In contrast, median PFS was 5.6 months when mutations in these genes were not detected by Guardant360.
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AZN | Hot Stocks15:51 EDT AstraZeneca presents OS results from Phase III FLAURA trial of TAGRISSO - AstraZeneca presented detailed overall survival results from the Phase III FLAURA trial of TAGRISSO in the 1st-line treatment of adult patients with locally-advanced or metastatic epidermal growth factor receptor-mutated non-small cell lung cancer. Results showed a statistically significant and clinically meaningful improvement in OS, a key secondary endpoint for TAGRISSO versus gefitinib or erlotinib, both of which were previous standard-of-care treatments in this setting. TAGRISSO delivered a median OS of 38.6 months versus 31.8 months for the comparator arm. At three years, 28% of patients in the TAGRISSO arm and 9% of patients in the comparator arm remained on 1st-line study treatment. TAGRISSO also showed a statistically significant and clinically meaningful 52% reduction in the risk of central nervous system disease progression, increasing the time patients with CNS metastases lived without CNS disease progression or death. In the FLAURA trial, the safety and tolerability of TAGRISSO was consistent with its established profile. TAGRISSO was generally well tolerated, with Grade 3 or higher adverse events occurring in 42% of patients taking TAGRISSO versus 47% in the comparator arm. The FLAURA trial met its primary endpoint in July 2017, showing a statistically significant and clinically meaningful improvement in PFS, increasing the time patients lived without disease progression or death from any cause. TAGRISSO is currently approved in 78 countries, including the U.S., Japan, China and the EU, for 1st-line EGFR-mutated metastatic NSCLC.
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IMMU RHHBY | Hot Stocks15:46 EDT Immunomedics presents interim data from TROPHY-U-01 open-label Phase 2 trial - Immunomedics (IMMU) presented at the European Society for Medical Oncology Annual Congress interim data from the 100-patient cohort of cisplatin-eligible patients of the company's TROPHY-U-01 open-label Phase 2 study. In this interim report, sacituzumab govitecan produced an overall response rate of 29% in 35 patients with metastatic urothelial cancer who have relapsed or are refractory to immune checkpoint inhibitors and platinum-based chemotherapy. The 29% ORR included two confirmed complete responses, six confirmed partial responses and two additional PRs pending confirmation. At the time of data cutoff on August 5, 2019, eight of ten responders have ongoing response. Median time to onset of response was 1.5 months. For patients with liver metastases, ORR was 25%. Consistent with the company's previous observations, sacituzumab govitecan was well tolerated with a predictable safety profile. In addition, the company announced two clinical collaborations that address continuing unmet needs in breast cancer. The collaboration with Roche (RHHBY) will evaluate the safety and efficacy of the combination of atezolizumab, a programmed cell death ligand 1-blocking checkpoint inhibitor, and sacituzumab govitecan, as a frontline treatment of patients with metastatic or inoperable locally advanced TNBC. The open-label, multicenter, randomized Phase 1b/2 study will be conducted as part of MORPHEUS, Roche's novel cancer immunotherapy development platform. Patients with newly-diagnosed mTNBC will be randomized to receive the combination of atezolizumab and sacituzumab govitecan or nab-paclitaxel plus atezolizumab as standard of care. MORPHEUS is a Phase 1b/2 adaptive platform to develop combinations of cancer immunotherapies more rapidly and efficiently. Roche will be responsible for conducting the randomized trial. Further, Immunomedics and the GBG Forschungs-GmbH, Neu-Isenburg, Germany, have entered into a collaboration to develop sacituzumab govitecan as a treatment for newly-diagnosed breast cancer patients who do not achieve a pathological complete response following standard neoadjuvant therapy.
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GSK | Hot Stocks15:38 EDT GlaxoSmithKline announces results from PRIMA - GlaxoSmithKline announced results from PRIMA, the Phase 3 randomised, double-blind, placebo-controlled study of Zejula as a maintenance therapy in women with first-line ovarian cancer following a response to platinum-based chemotherapy. Niraparib treatment resulted in a 38% reduction in the risk of disease progression or death in the overall population. These results were driven by a clinically meaningful reduction in risk of progression in women with: BRCA mutation tumours; HR-deficient BRCA wild type tumours; HR-proficient tumours. The PRIMA study enrolled patients with a response to their first-line treatment with platinum-based chemotherapy including those with high risk of disease progression, a population with high unmet need and previously under-represented in first-line ovarian cancer studies. In an interim analysis of overall survival, niraparib also demonstrated an encouraging trend toward improvement in OS relative to placebo. A pre-planned interim analysis of OS numerically favoured niraparib in the overall population. In the HR-deficient subgroup, 91% of women on niraparib were alive at 24 months vs. 85% for placebo. These data are not yet mature, and the significance is not fully known. The OS interim analysis also showed 81% of women receiving niraparib in the HR-proficient subgroup were alive at 24 months vs. 59% of women receiving placebo. Niraparib is not currently approved in the first-line ovarian cancer maintenance setting. GSK will share these data with the relevant health authorities and is on track to file by the end of the year. The safety profile demonstrated in PRIMA did not differ from the established safety profile. Validated patient reported outcomes indicate quality of life was similar between the niraparib and placebo treatment arms. Niraparib is marketed in the United States and Europe under the trade name Zejula.
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MRK AZN | Hot Stocks15:31 EDT Merck, AstraZeneca announced detailed results from Phase 3 PAOLA-1 trial - AstraZeneca (AZN) and Merck (MRK) announced detailed positive results from the Phase 3 PAOLA-1 trial showing LYNPARZA added to bevacizumab demonstrated a statistically significant and clinically meaningful improvement in progression-free survival in women with newly-diagnosed advanced ovarian cancer who had a complete or partial response to first-line treatment with platinum-based chemotherapy and bevacizumab. The trial compared LYNPARZA when added to standard-of-care (SoC) bevacizumab versus bevacizumab alone in women in the first-line maintenance setting, irrespective of their genetic biomarker status or outcome from previous surgery. Investigator-assessed results showed LYNPARZA added to bevacizumab reduced the risk of disease progression or death by 41% and improved PFS to a median of 22.1 months versus 16.6 months for those treated with bevacizumab alone. The sensitivity analysis of blinded independent central review of PFS was consistent, showing a similar improvement with a median of 26.1 months for LYNPARZA added to bevacizumab versus 18.3 months for bevacizumab alone. The safety and tolerability profile of LYNPARZA and bevacizumab were consistent with those known from previous trials for each medicine. The trial also included exploratory sub-group analyses including BRCA-mutated and broader homologous recombination deficiency populations. In the BRCAm-positive sub-group, LYNPARZA added to SoC bevacizumab vs. bevacizumab alone resulted in median PFS of 37.2 months versus 21.7 months and 18.9 months versus 16 months in the non-BRCAm sub-group. For the HRD-positive sub-group, median PFS for LYNPARZA added to bevacizumab was 37.2 months versus 17.7 months with bevacizumab alone. In the HRD-positive, non-BRCAm sub-group, there was a median PFS of 28.1 months with LYNPARZA added to bevacizumab versus 16.6 months on bevacizumab alone. The HRD-negative/unknown sub-group results showed a median PFS of 16.9 months for LYNPARZA added to bevacizumab vs. 16 months for bevacizumab alone. LYNPARZA, which is being jointly developed and commercialized by Merck and AstraZeneca, is currently approved in 64 countries, including those in the EU, for the maintenance treatment of platinum-sensitive relapsed ovarian cancer regardless of BRCA status. It is approved in the U.S. as first-line maintenance treatment in BRCAm advanced ovarian cancer following response to platinum-based chemotherapy. It is also approved in 38 countries, including the U.S., countries in the EU, and Japan, for germline BRCAm HER2-negative metastatic breast cancer previously treated with chemotherapy; in the EU this includes locally advanced breast cancer. LYNPARZA has been used to treat over 25,000 patients worldwide.
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BMY | Hot Stocks15:25 EDT Bristol-Myers announces final results from CheckMate -227 Part 1 - Bristol-Myers Squibb announced results from Part 1 of the Phase 3 CheckMate -227 trial evaluating Opdivo plus low-dose Yervoy as first-line treatment for patients with advanced non-small cell lung cancer. Opdivo plus low-dose Yervoy met the independent co-primary endpoint of overall survival, demonstrating superior benefit compared to chemotherapy in patients whose tumors expressed PD-L1 greater than or equal to 1%. Additionally, in an exploratory analysis, results showed improved overall survival for patients treated with the combination of Opdivo plus low-dose Yervoy with PD-L1 less than 1%. The two-year survival rate for patients treated with the combination regimen was 40% for both patients whose tumors expressed PD-L1 greater than or equal to1% and patients whose tumors expressed PD-L1 less than1%. In the chemotherapy control arm, two-year survival rates were 33% and 23%, respectively. The safety profile of Opdivo plus low-dose Yervoy was consistent with previously reported studies in NSCLC and no new safety signals were observed. With a minimum follow-up of 29.3 months, patients treated with Opdivo plus low-dose Yervoy, regardless of PD-L1 expression level, experienced a nearly four times longer duration of response compared to patients treated with chemotherapy. In patients with PD-L1 greater than or equal to 1%, the objective response rate was 35.9% with Opdivo plus low-dose Yervoy versus 30.0% with chemotherapy. The median duration of response for the combination therapy arm was 23.2 months versus 6.2 months in the chemotherapy arm. In patients with PD-L1 less than 1%, the objective response rate was 27.3% with Opdivo plus low-dose Yervoy versus 23.1% with chemotherapy, with a median DoR of 18 months for the combination therapy arm versus 4.8 months in the chemotherapy arm.
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ZYME | Hot Stocks15:21 EDT Zymeworks announces updated data for HER2-Targeted Bispecific Antibody ZW25 - Zymeworks announced updated data from the ongoing multi-center Phase 1 clinical trial evaluating ZW25 in patients with HER2-expressing solid tumors, including biliary tract cancer, colorectal cancer, gynecological cancers, and gastroesophageal adenocarcinoma, in a poster discussion presentation at the ESMO 2019 Congress. Based on the data from the ongoing Phase 1 study, Zymeworks has initiated a broad clinical development program for ZW25 in multiple HER2-expressing cancers. In addition to the Phase 2 BTC trial announced, Zymeworks is continuing to evaluate ZW25 as a potential treatment for patients with other HER2-expressing cancers, including CRC and gynecological cancers. For patients with HER2-expressing GEA, ZW25 is being developed as a first-line treatment in combination with standard of care chemotherapy. Zymeworks also plans to initiate a Phase 2 study of ZW25 in combination with a CDK4/6 inhibitor and hormone therapy in third-line HER2-expressing, HR-positive breast cancer. Data were reported from 58 patients diagnosed with HER2-expressing solid tumors other than breast cancer who received ZW25 at the recommended dose of either 10 mg/kg weekly or 20 mg/kg every other week. Patients had a median age of 61 years and received a median of four prior therapies. 32 patients received prior HER2-targeted therapies including 87% of GEA patients. Of all patients, 23 were diagnosed with GEA, 13 with CRC, nine with BTC, and 13 with other HER2-expressing cancers, including endometrial, ovarian, pancreatic, and salivary gland. At the time of data cut-off, 46 of 58 patients were response evaluable. Overall, the majority of patients experienced a decrease in their target lesions with a disease control rate of 72%, comprising 16 patients with partial responses and 17 with stable disease. The objective response rate in the six evaluable biliary tract cancer patients was 67%, with the majority of patients experiencing disease control greater than six months. In the 11 CRC and 19 GEA patients, the objective response rates were 36% and 32%, respectively. The overall median progression-free survival was 5.2 months, with 27 of the 58 total patients still on study at the time of data cut-off. Among all patients, ZW25 was well tolerated as an outpatient therapy. All treatment-related adverse events occurring in 10% or more of patients were Grade 1 or 2.
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ALRN PFE | Hot Stocks15:16 EDT Aileron presents interim Phase 2a data for ALRN-6924, Pfizer's Palbociclib combo - Aileron Therapeutics (ALRN) announced the presentation of interim results from its ongoing Phase 2a clinical trial evaluating the combination of ALRN-6924 and Pfizer's (PFE) IBRANCE for the treatment of patients with tumors harboring wild-type p53 and MDM2 amplification or MDM2/CDK4 co-amplification at the 2019 Congress of the European Society for Medical Oncology. As of the data cutoff date of September 2, 2019, the trial had enrolled 26 patients. The reported safety results show that the combination has been very well-tolerated in the trial, with the most common non-hematological related adverse events grade less than or equal to2 being nausea and fatigue. Neutropenia was the only grade greater than or equal to3 hematological related AE occurring in greater than5% of patients, while grade greater than or equal to3 thrombocytopenia and leukopenia each were observed in only one patient. The preliminary analysis of activity in the 17 evaluable patients with liposarcoma showed a disease control rate of 88% and a median progression-free survival of 4.4 months with 53% censoring. No partial or complete responses have been observed. Patients who have had at least one post-baseline assessment and have MDM2-amplified, TP53-WT tumors were deemed evaluable. On the basis of these preliminary safety and efficacy results, the company expects that the first indication for the combination of ALRN-6924 and palbociclib may be MDM2-amplified sarcoma patients, for whom there exists a substantial unmet need across all lines of treatment for the estimated 15,000 patients worldwide diagnosed each year. In addition, these results have further encouraged the company to expand enrollment to a total of 35 patients in order to evaluate the combination on the treatment of other MDM2-amplified cancers. Aileron expects to announce a final data readout in the second quarter of 2020.
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EPIX | Hot Stocks15:01 EDT Essa Pharma presents new data on EPI-7386 at ESMO - ESSA Pharma presented new preclinical data on ESSA's lead Investigational New Drug candidate at the 2019 American Urological Association Annual Meeting. According to the presentation, EPI-7386 demonstrates: Activity in multiple in vitro full length androgen receptor and AR-V7 splice variant driven cellular models; Robust antitumor activity as a single agent and in combination with enzalutamide in the VCaP xenograft prostate cancer model; Antitumor activity in enzalutamide-resistant prostate cancer xenograft models, 22Rv1 and LNCaP95, with no antitumor activity, as expected, in a non-functional androgen receptor PC-3 prostate cancer xenograft model; Wide therapeutic index as demonstrated by a broad dose response in the VCaP model; High plasma exposures in animal studies using a new suspension formulation.
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BCYC | Hot Stocks14:56 EDT Bicycle Therapeutics presents data from Phase I/IIa trial evaluating BT1718 - Bicycle Therapeutics announced the presentation of updated data from a Phase I/IIa trial conducted in collaboration with Cancer Research UK and evaluating BT1718 in an unselected group of patients with advanced solid tumors. Patients in the Phase I dose escalation were assessed for anti-tumor activity, safety and pharmacokinetics up to the data cutoff of August 7, 2019. Based on data from patients in cohorts across dose levels tested, many of which are below the predicted therapeutic range, 13 of 24 evaluable patients had stable disease at the eight-week timepoint, including a patient who experienced a 45% reduction in a target lesion. With once-weekly dosing, which is the expected schedule for the Phase IIa portion of the study, BT1718 has appeared tolerable, with manageable adverse events. The Phase I once-weekly dose escalation portion of the trial is ongoing, with dosing at levels equivalent to those associated with preclinical responses. Evaluation of pharmacokinetics demonstrated that BT1718 area under the curve was approximately dose proportional over the range 0.6-25 mg/m2, and cycle 2 values were consistent with cycle 1. Mean plasma clearance was 33.6 L/h, with mean volume of distribution of 12.5 L, resulting in a terminal half-life of 0.2 to 0.5 hours. Two tumor biopsies were obtained from patients dosed at levels above 15 mg/m2 and analysis showed delivery of DM1 to the tumor consistent with preclinical models. These findings suggest rapid tumor penetration by BT1718. Further plasma and tumor DM1 analysis is ongoing to assess the extent of DM1 retention. The Phase I/IIa study of BT1718 is being sponsored by Cancer Research UK. The primary objectives of the Phase I dose escalation portion of the trial are to select the recommended Phase II dose by establishing the maximum tolerated dose and maximum administered dose, and to assess the safety and toxicity profile of BT1718 in patients with advanced solid tumors. Following selection of the once-weekly RP2D, the Phase IIa portion of the study, consisting of up to four cohorts in selected indications in which MT1-MMP is expressed, will be initiated.
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GTHX | Hot Stocks14:53 EDT G1 Therapeutics presents data from Phase 2 trial of Trilaciclib, chemo combo - G1 Therapeutics reported preliminary overall survival data from the company's randomized Phase 2 trial of trilaciclib in combination with chemotherapy for the treatment of metastatic triple-negative breast cancer. In the trial, median overall survival for patients treated with trilaciclib in combination with a chemotherapy regimen of gemcitabine/carboplatin was 20.1 months, compared with 12.6 months for patients receiving chemotherapy alone. The randomized, open-label Phase 2 study of trilaciclib in combination with GC, a current standard of care for TNBC, enrolled 102 patients who had received up to two prior chemotherapy regimens for locally recurrent or metastatic TNBC. In this three-arm trial, all three groups received a chemotherapy regimen of GC. Patients were randomized to receive GC only or GC plus one of two dosing schedules of trilaciclib: trilaciclib administered on the day of chemotherapy or trilaciclib administered the day prior to and the day of chemotherapy. Primary endpoints for the trial included myelopreservation measures; secondary endpoints included additional myelopreservation measures and anti-tumor efficacy measures of overall response rate, progression-free survival and OS. Updated results from the trial showed that the addition of trilaciclib to chemotherapy resulted in a significant increase in OS in both treatment groups compared to chemotherapy alone. Compared to GC alone, OS was improved for both trilaciclib arms with median OS of 12.6 months, 20.1 months and 17.8 months, respectively. The median OS for Groups 2 and 3 combined was 20.1 months. The median OS for GC alone was consistent with historical data. PFS and ORR were consistent with previously reported data. The safety and tolerability of trilaciclib were consistent with previously reported data. There have been no serious adverse events attributed to treatment with trilaciclib in this trial. Patient-reported outcome measures related to anemia were improved in patients receiving trilaciclib versus patients receiving chemotherapy alone. As previously reported, primary endpoints were not met.
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GSK MRK | Hot Stocks14:41 EDT GlaxoSmithKline presents new data showing anti-tumor activity with GSK3359609 - GlaxoSmithKline (GSK) announced GSK3359609, an inducible T cell co-stimulatory agonist antibody designed to selectively enhance T cell function, showed anti-tumor activity in combination with pembrolizumab in PD-1/L1 naive patients with head and neck squamous cell carcinoma. Findings from the INDUCE-1 study also suggested GSK3359609 has single agent activity in patients with PD-1/L1 experienced HNSCC. The safety and tolerability profile of GSK3359609 was consistent with the results reported in the dose escalation phase of INDUCE-1. The data presented stem from the expansion phase of INDUCE-1, a first-in-human, open-label study investigating GSK3359609 as a monotherapy and in combination with other regimens. Patients in the study had recurrent or metastatic HNSCC and had received up to five prior lines of therapy in the advanced setting. Patients in the monotherapy cohort had previously been treated with PD-1/L1 therapy and received 1 mg/kg GSK3359609. Patients in the combination cohort were naive to PD-1/L1 therapy and received 0.3 mg/kg GSK3359609 and 200 mg pembrolizumab. Patients in both cohorts were evaluated until disease progression or unacceptable toxicity, for up to two years. In the 34 evaluable patients who received the combination therapy, the overall response rate was 24%. Responses in the combination cohort were durable with all responding patients maintaining benefit for 6 months or longer; the median progression-free survival was 5.6 months. Of the 21 patients with known PD-L1 expression data, the majority of responders and patients with stable disease had PD-L1 score below 20. Of the 16 evaluable patients who received monotherapy, the overall response rate was 6%. The INDUCE-1 study was conducted pursuant to an agreement between GSK and Merck (MRK). GSK is continuing its relationship with MSD to support the INDUCE-3 phase II/III combination trial to be initiated by the end of 2019.
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CALA | Hot Stocks14:31 EDT Calithera Biosciences presents data from randomized Phase 2 ENTRATA study - Calithera Biosciences presented supporting data for its previously reported positive results from its randomized placebo-controlled Phase 2 ENTRATA study of telaglenastat in combination with everolimus in patients with advanced renal cell carcinoma. The telaglenastat-everolimus combination doubled the median progression-free survival in heavily pre-treated patients with advanced RCC and had a well-tolerated safety profile. Telaglenastat is the first glutaminase inhibitor to demonstrate clinical activity for the treatment of cancer. Calithera announced top-line results from the ENTRATA trial in June. Key demographics in patients enrolled in the phase 2 ENTRATA study were balanced between the two treatment arms and were heavily pre-treated, with a median of three prior lines of therapy for advanced metastatic disease including 70% with two or more prior tyrosine kinase inhibitors, and 68% with intermediate/poor MSKCC prognostic score. 88% of patients received prior PD-1/PD-L1 therapy. When added to everolimus, telaglenastat doubled the median PFS to 3.8 months as compared to 1.9 months for everolimus alone and reduced the risk of disease progression or death by 36%. The primary endpoint of the trial was PFS per investigator assessment with a predetermined threshold of less than or equal to 0.2 one-sided. Overall response per Response Evaluation Criteria in Solid Tumors version 1.1 was 2.2% vs. 0%, and stable disease was 56.5% vs. 47.8%. The secondary endpoint of overall survival is not yet mature. Frequency of all-grade adverse events in the telaglenastat-containing arm were comparable to that of everolimus alone. Grade 3 or higher adverse events occurred in 80.4% of patients in the telaglenastat plus everolimus arm versus 60.9% in the everolimus plus placebo arm. Adverse events leading to discontinuation of any study drug were comparable. The ENTRATA trial is a randomized, double-blind Phase 2 trial designed to evaluate the efficacy and safety of telaglenastat in combination with everolimus versus placebo with everolimus in patients with advanced clear cell RCC who have been treated with at least two prior lines of systemic therapy, including at least one VEGFR-targeted TKI. Patients were randomized in a 2:1 ratio, and stratified by prior TKI treatment and MSKCC prognostic score. The trial enrolled 69 patients at multiple centers in the U.S. Telaglenastat is also being investigated in the CANTATA trial, a global, randomized, double-blind trial designed to evaluate the efficacy and safety of telaglenastat in combination with cabozantinib versus placebo with cabozantinib in patients with advanced or metastatic RCC who have been treated with one or two prior lines of systemic therapy including at least one vascular endothelial growth factor tyrosine kinase inhibitor or the combination of nivolumab and ipilimumab. In April 2018, the U.S. Food and Drug Administration granted Fast Track designation to telaglenastat in this indication. The primary endpoint is progression-free survival by blinded independent review, and a key secondary endpoint is overall survival. Calithera plans to report top-line efficacy and safety data from the trial in the second half of 2020.
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SGEN | Hot Stocks14:25 EDT Seattle Genetics, Astellas announce results from Phase 1 clinical trial EV-103 - Seattle Genetics and Astellas Pharma announced initial results from the phase 1 clinical trial EV-103. 45 patients were evaluated for safety with the combination of the investigational agent enfortumab vedotin and the immune therapy pembrolizumab in previously untreated patients with locally advanced or metastatic urothelial cancer who were ineligible for treatment with cisplatin-based chemotherapy. The study met outcome measures for safety and exhibited encouraging clinical activity for this platinum-free combination in a first-line setting. Enfortumab vedotin is a first-in-class antibody drug conjugate that targets Nectin-4, a protein present on almost all urothelial tumor cells and associated with cancer formation. 51% of patients had an adverse event greater than or equal to Grade 3. Among these events, an increase in lipase was the most frequent. Four patients discontinued treatment due to treatment-related adverse events, most commonly peripheral sensory neuropathy. There was one death deemed to be treatment-related by the investigator attributed to multiple organ dysfunction syndrome. 11% of patients had treatment-related immune-mediated adverse events of clinical interest greater than or equal to Grade 3 that required the use of systemic steroids. None of the adverse events of clinical interest were Grade 5 events. The data demonstrated the combination of enfortumab vedotin plus pembrolizumab shrank tumors in the majority of patients, resulting in a confirmed objective response rate of 71%. The complete response rate was 13%. 58% of patients had a partial response and 22% had stable disease. 91% of responses were observed at the first assessment. Enfortumab vedotin is currently under review by the U.S. Food and Drug Administration for the treatment of patients with locally advanced or metastatic urothelial cancer who have received a PD-1/L1 inhibitor and who have received a platinum-containing chemotherapy in a neoadjuvant/adjuvant, locally advanced or metastatic setting.
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BMY | Hot Stocks14:17 EDT Bristol-Myers announces efficacy data analysis from Phase 3 CheckMate -238 trial - Bristol-Myers Squibb announced results of a three-year analysis of efficacy data from the Phase 3 CheckMate -238 study evaluating adjuvant use of Opdivo 3 mg/kg versus Yervoy 10 mg/kg in patients with Stage III or Stage IV melanoma who were at high risk of recurrence following complete surgical resection. At three years of follow-up, Opdivo continues to demonstrate superior recurrence-free survival compared to Yervoy, the active control, with RFS rates of 58% and 45%, respectively. Distant-metastasis-free survival also continues to be significantly longer for Opdivo, with 36-month rates of 66% and 58%, respectively. Both RFS and DMFS benefit continue to be observed across key subgroups, including disease stages, BRAF mutation status and PD-L1 expression. No new safety data were generated as part of the 36-month analysis.
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BMY | Hot Stocks14:09 EDT Bristol-Myers announces five-year results from Phase 3 CheckMate -067 trial - Bristol-Myers Squibb announced five-year results from the Phase 3 CheckMate -067 clinical trial, which continues to demonstrate improved overall survival with the first-line combination of Opdivo plus Yervoy, versus Yervoy alone, in patients with advanced metastatic melanoma. With a minimum follow-up of 60 months, five-year overall survival rates were 52% for the Opdivo plus Yervoy combination, 44% for Opdivo alone, and 26% for Yervoy alone. The safety profile for Opdivo plus Yervoy was consistent with prior findings, with no new safety signals and no additional treatment-related deaths. At this five-year analysis, treatment-related adverse events were consistent with those previously reported and occurred in 300 patients in the combination group, 271 patients in the Opdivo group, and 268 patients in the Yervoy group; grade 3/4 adverse events occurred in 186, 73, and 86 patients, respectively. The percentage of patients experiencing an objective response remained stable at 58% for Opdivo plus Yervoy, 45% for Opdivo alone, and 19% for Yervoy, while the percentage of patients experiencing a complete response continued to increase, with complete response rates at five years of 22% for Opdivo plus Yervoy, 19% for Opdivo alone, and 6% for Yervoy alone. In addition, the proportion of patients alive and treatment-free was 74% in the Opdivo plus Yervoy group and 58% and 45% for Opdivo alone and Yervoy alone, respectively. Among patients with BRAF-mutant or wild-type tumors, the rate of overall survival at five years was 60% and 48%, respectively, in patients who received Opdivo plus Yervoy; 46% and 43% for Opdivo alone; and 30% and 25% for Yervoy alone. Health-related quality of life continued to be maintained during or following treatment with Opdivo alone or the combination of Opdivo plus Yervoy.
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AMGN | Hot Stocks14:06 EDT Amgen announces new data evaluating novel investigational KRAS inhibitor - Amgen announced new data from the ongoing Phase 1 study evaluating AMG 510 in patients with previously treated KRAS G12C-mutant solid tumors. The data include the first evidence of anti-tumor activity reported in patients with colorectal cancer and appendiceal cancer, as well as previously presented non-small cell lung cancer findings. AMG 510 continues to be well-tolerated with no dose-limiting toxicities. The study enrolled 76 patients with KRAS G12C-mutant solid tumors. Data being presented at ESMO include a subset of 55 evaluable patients as of the July 2019 data cutoff, including CRC, appendiceal cancer and NSCLC patients from the Phase 1 study. Of the 55 patients, 29 had CRC. 12 patients with CRC received the target dose of 960 mg once daily and 10 remain on treatment. One patient in this dose cohort experienced a partial response and 10 had stable disease for a disease control rate of 92%. 13 of the evaluable patients with NSCLC received 960 mg, of which seven achieved a partial response at one or more timepoints and six achieved stable disease, for a disease control rate of 100%. Data across dosing cohorts also showed tumor responses in two evaluable patients with appendiceal cancer with one partial response and one experiencing stable disease. Among the 76 patients enrolled across treatment groups, 52 remain on treatment. The majority of treatment-related adverse events were grade 1 and 2. Only two TRAEs were grade 3. There were no grade 4 or higher TRAEs.
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CBMG | Hot Stocks14:03 EDT Cellular's ReJoin Therapy receives stem cell drug application acceptance - Cellular Biomedicine announced that a drug application for its off-the-shelf autologous adipose-derived mesenchymal progenitor cell ReJoin therapy for Knee Osteoarthritis has been accepted for a Phase II clinical trial in China. This marks the company's second clinical trial accepted for stem cells this year. In January 2019, its off-the-shelf allogeneic adipose-derived mesenchymal progenitor cell AlloJoin therapy for KOA was accepted as the first stem cell KOA drug application in China for a Phase II clinical trial since the Regulation's release.
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