Stockwinners Market Radar for October 22, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

IMCR

Hot Stocks

08:13 EDT Immunocore presents three-year overall survival data from KIMMTRAK Phase 3 trial - Immunocore announces that the three-year overall survival data from the KIMMTRAK Phase 3 trial in previously untreated HLA-A*02:01 positive patients with metastatic uveal melanoma has been published in The New England Journal of Medicine, and presented as a late breaking abstract in a mini oral session at the European Society for Medical Oncology Congress 2023. In the Phase 3 trial follow up - the longest of any randomized trial for metastatic uveal melanoma - the three-year OS rate was 27% in the KIMMTRAK arm, versus 18% in the control arm. The median OS was 21.6 months on KIMMTRAK, versus 16.9 months on investigator's choice. The OS Hazard Ratio avored KIMMTRAK, HR=0.68, over investigator's choice. Overall response rate remained in favor of KIMMTRAK when compared with the control arm and the median duration of response for KIMMTRAK patients was 11.1 months. The rate of disease control was also higher in the KIMMTRAK arm versus the control arm. Over half of all patients treated with KIMMTRAK were treated beyond initial radiographic progression. The trial evaluated circulating tumor DNA clearance as a predictor of overall survival. ctDNA clearance on KIMMTRAK occurred in 37% of evaluable patients and was associated with longer OS. No new adverse events related to long-term KIMMTRAK treatment were observed. The rate of discontinuation due to treatment-related AEs continued to be lower in the KIMMTRAK arm than for the control arm. There were no treatment-related deaths. In a separate poster at the Congress, an analysis of the role of subsequent therapy from the Phase 3 trial in first-line mUM patients confirmed that the survival benefit mostly comes from KIMMTRAK treatment rather than subsequent therapy. A further poster included an analysis from the Phase 1b study in previously treated metastatic cutaneous melanoma patients, demonstrating the safety and activity of KIMMTRAK by BRAF mutation status. A third poster investigated the reprogramming effect of KIMMTRAK on immunosuppressive M2 macrophages from Phase 2 unresectable or metastatic uveal melanoma patients, as well as in vitro.
MRK

Hot Stocks

08:11 EDT Merck announces results from Phase 3 LITESPARK-005 trial investigating WELIREG - Merck announced results from the Phase 3 LITESPARK-005 trial investigating WELIREG, Merck's first-in-class, oral hypoxia-inducible factor-2 alpha inhibitor, for the treatment of adult patients with advanced renal cell carcinoma that progressed following PD-1/L1 and vascular endothelial growth factor receptor targeted therapies. In the study, WELIREG demonstrated a statistically significant improvement in one of the trial's dual primary endpoints of progression-free survival and in a key secondary endpoint of objective response rate compared to everolimus. These late-breaking data were presented for the first time today during a proffered paper session at the European Society for Medical Oncology Congress 2023 and are also being discussed with regulatory authorities worldwide. At the first pre-specified interim analysis at a median follow-up of 18.4 months, WELIREG significantly reduced the risk of disease progression or death by 25% versus everolimus in these patients. Results at the second pre-specified interim analysis were consistent with IA1. At a median follow-up of 25.7 months, WELIREG reduced the risk of disease progression or death by 26% versus everolimus. Treatment with WELIREG was also associated with a statistically significant improvement in ORR at IA1; the ORR was 21.9%, with a complete response rate of 2.7%, for patients who received WELIREG versus an ORR of 3.5%, with no patients achieving a CR rate, for patients who received everolimus. At IA2, the ORR was 22.7%, with a CR rate of 3.5% for patients who received WELIREG versus a 3.5% ORR, with no patients achieving a CR rate, for patients who received everolimus. Additionally, overall survival, the trial's dual primary endpoint, favored WELIREG versus everolimus and at IA1 and IA2, respectively; however, this result did not reach statistical significance. Additional data from the LITESPARK clinical development program being presented at the ESMO Congress 2023 include Phase 2 results from the LITESPARK-003 and LITESPARK-013 trials evaluating WELIREG in advanced RCC. As announced, data spanning more than 15 types of cancer are being presented from Merck's broad oncology portfolio and investigational pipeline at the ESMO Congress 2023, in addition to a Merck-sponsored study evaluating the impact of Von-Hippel Lindau disease-associated tumor treatment on mental health. WELIREG is a first-in-class, HIF-2alpha inhibitor therapy approved in the U.S. for the treatment of adult patients with VHL disease who require therapy for associated RCC, central nervous system hemangioblastomas, or pancreatic neuroendocrine tumors, not requiring immediate surgery based on data from the Phase 2 LITESPARK-004 trial. Additional applications are currently under regulatory agency review worldwide based on LITESPARK-004. LITESPARK-005 is part of a comprehensive development program for WELIREG, comprised of four Phase 3 trials in RCC, including LITESPARK-011 and LITESPARK-012, evaluating WELIREG in the second-line and treatment-naive advanced disease settings, and LITESPARK-022, evaluating WELIREG in the adjuvant setting. Merck previously announced that based on these positive results from LITESPARK-005, the U.S. Food and Drug Administration has granted priority review for a supplemental new drug application for WELIREG for the treatment of adult patients with advanced RCC following immune checkpoint and anti-angiogenic therapies. The FDA has set a Prescription Drug User Fee Act, or target action, date of January 17, 2024.
AZN

Hot Stocks

08:06 EDT Updated results from BEGONIA Phase Ib/II trial presented at ESMO - Updated results from the BEGONIA Phase Ib/II trial for the cohort of patients treated with datopotamab deruxtecan plus Imfinzi showed that the combination demonstrated durable tumour responses and no new safety signals in patients with previously untreated advanced or metastatic triple-negative breast cancer with six months additional follow-up from the previous data cut-off. These data will be presented in a mini oral session at the European Society for Medical Oncology 2023 Congress in Madrid, Spain. Datopotamab deruxtecan is a specifically engineered TROP2-directed DXd antibody drug conjugate being jointly developed by AstraZeneca and Daiichi Sankyo. Approximately 300,000 people worldwide are diagnosed annually with TNBC, the most aggressive breast cancer subtype. Less than half of patients with metastatic TNBC respond to current 1st-line treatment options which can include chemotherapy alone or in combination with an immunotherapy. Among patients with tumours that do respond to initial treatment, disease progression is common and rapid, often occurring within two years. Results showed that datopotamab deruxtecan plus Imfinzi, an anti-PD-L1 therapy, demonstrated a confirmed objective response rate of 79% including six complete responses and 43 partial responses. Responses were observed regardless of PD-L1 expression level. Median progression-free survival was 13.8 months and median duration of response was 15.5 months with 11.7 months of follow-up. The safety profile of datopotamab deruxtecan in combination with Imfinzi was consistent with the known safety profiles of both agents. Grade 3 or higher treatment-emergent adverse events occurred in 57% of patients. There were three interstitial lung disease events adjudicated as drug-related by an independent committee including two Grade 2 events and one Grade 1 event. In Arm 7 of the BEGONIA trial, the majority of patients had tumours with low PD-L1 expression. Seven patients had tumours with high PD-L1 expression. As of the 2 February 2023 data cut-off, 29 patients remained on study treatment.
ORIC

Hot Stocks

08:03 EDT Oric announces initial data from ongoing ORIC-114 Phase 1 dose escalation - Oric Pharmaceuticals announced initial data from the ongoing ORIC-114 Phase 1 dose escalation trial for patients with EGFR or HER2 exon 20 mutated non-small cell lung cancer at the European Society of Medical Oncology Congress 2023. ORIC-114 is being evaluated in a Phase 1 dose escalation clinical trial in patients with advanced solid tumors with EGFR and HER2 exon 20 alterations or HER2 amplifications. Patients previously treated with an exon 20 targeted agent are eligible, including patients with CNS metastases that are either treated or untreated but asymptomatic. Nearly all other clinical studies with EGFR exon 20 inhibitors severely restricted the eligible patient population and excluded patients with active or untreated brain metastases and patients previously treated with an EGFR exon 20 inhibitor, making this data set one of the first and most comprehensive in this population. The primary objectives are to determine the recommended Phase 2 dose, and additional objectives include characterization of the safety, tolerability, pharmacokinetic, and preliminary antitumor activity. As of September 26, 2023, 50 patients received ORIC-114 and were heavily pre-treated, with exceptionally high rates of prior exon 20 targeted therapies and brain metastases at baseline. Of the 21 EGFR exon 20 insertion mutated NSCLC patients, in addition to chemotherapy. 81% were treated with greater than or equal to1 prior EGFR exon 20 targeted agent, nearly all of whom received prior amivantamab; 19% were treated with multiple prior EGFR exon 20 targeted agents; and 86% presented with CNS metastases at baseline. Of the 24 HER2 exon 20 insertion mutated NSCLC patients 30% were treated with a prior HER2 targeted agent; and 38% presented with CNS metastases at baseline. ORIC-114 demonstrated a favorable pharmacokinetic profile with dose proportional increase in exposure, low intra-cohort variability, and a half-life of ~10-15 hours, which supports QD dosing. ORIC-114 was well-tolerated with mostly Grade 1 and 2 treatment-related adverse events (TRAEs) and little evidence of off-target toxicities. Rash was limited to Grade 1 and 2 events, and there was no Grade 3 or greater treatment related rash. Diarrhea was primarily Grade 1 and 2, with only 6% of patients experiencing Grade 3 diarrhea. There were only 4% discontinuations for TRAEs. The maximum tolerated dose has not been reached.
AZN

Hot Stocks

08:00 EDT Results from primary analysis of the DUO-E Phase III trial presented at ESMO - Results from the primary analysis of the DUO-E Phase III trial showed that IMFINZI plus platinum-based chemotherapy, followed by either IMFINZI monotherapy or IMFINZI plus LYNPARZA, both demonstrated a statistically significant and clinically meaningful improvement in progression-free survival compared to chemotherapy alone in the overall trial population of patients with newly diagnosed advanced or recurrent endometrial cancer. These results will be presented today in a proffered paper session at the 2023 European Society for Medical Oncology Congress in Madrid, Spain and simultaneously published online in the Journal of Clinical Oncology. In the overall trial population, results showed that treatment with IMFINZI plus chemotherapy followed by IMFINZI plus LYNPARZA and treatment with IMFINZI plus chemotherapy followed by IMFINZI monotherapy demonstrated a reduction in the risk of disease progression or death, by 45% and 29%, respectively, versus chemotherapy alone. Median PFS was 15.1 months in the IMFINZI plus LYNPARZA Arm and 9.6 months in the Control Arm. Mismatch repair status is a biomarker of interest in endometrial cancer, therefore a prespecified exploratory subgroup analysis by MMR status was conducted in DUO-E. Results from the analysis of mismatch repair proficient patients showed a reduction in the risk of disease progression or death in both the IMFINZI plus LYNPARZA and the IMFINZI Arms, by 43% and 23%, respectively, versus the Control Arm. Median PFS was 15 months in the IMFINZI plus LYNPARZA Arm and 9.7 months in the Control Arm. Results from the analysis of mismatch repair deficient patients showed a similar reduction in the risk of disease progression or death in both the IMFINZI plus LYNPARZA and the IMFINZI Arms, by 59% and 58%, respectively, versus the Control Arm. Interim overall survival data showed a favorable trend for both treatment regimens in the overall population. PD-L1 is a known biomarker for IMFINZI in other indications and a prespecified analysis based on PD-L1 status showed, in the PD-L1 positive population, that treatment reduced the risk of disease progression or death by 58% and 37% in the IMFINZI plus LYNPARZA and the IMFINZI Arms, respectively, versus the Control Arm. Median PFS was 20.8 months in the IMFINZI plus LYNPARZA Arm and 9.5 months in the Control Arm. In the PD-L1 negative population, treatment reduced the risk of disease progression or death by 20% and 11% in the IMFINZI plus LYNPARZA and the IMFINZI Arms, respectively, versus the Control Arm. The safety and tolerability profiles of both regimens were broadly consistent with those observed in prior clinical trials and the known profiles of the individual medicines. Important immune-mediated adverse reactions listed under Warnings and Precautions may not include all possible severe and fatal immune-mediated reactions. Immune-mediated adverse reactions, which may be severe or fatal, can occur in any organ system or tissue. Immune-mediated adverse reactions can occur at any time after starting treatment or after discontinuation. Monitor patients closely for symptoms and signs that may be clinical manifestations of underlying immune-mediated adverse reactions. Evaluate clinical chemistries including liver enzymes, creatinine, adrenocorticotropic hormone level, and thyroid function at baseline and before each dose. In cases of suspected immune-mediated adverse reactions, initiate appropriate workup to exclude alternative etiologies, including infection. Institute medical management promptly, including specialty consultation as appropriate. Withhold or permanently discontinue IMFINZI and IMJUDO depending on severity. See USPI Dosing and Administration for specific details. In general, if IMFINZI and IMJUDO requires interruption or discontinuation, administer systemic corticosteroid therapy until improvement to Grade 1 or less. Upon improvement to Grade 1 or less, initiate corticosteroid taper and continue to taper over at least 1 month. Consider administration of other systemic immunosuppressants in patients whose immune-mediated adverse reactions are not controlled with corticosteroid therapy. IMFINZI and IMJUDO can cause immune-mediated pneumonitis, which may be fatal. The incidence of pneumonitis is higher in patients who have received prior thoracic radiation.
AZN

Hot Stocks

07:54 EDT AstraZeneca's TAGRISSO plus chemotherapy results presented at ESMO - Results from a prespecified exploratory analysis of the FLAURA2 Phase III trial showed AstraZeneca's TAGRISSO with the addition of chemotherapy demonstrated a 42% improvement in central nervous system progression-free survival, compared to TAGRISSO alone for patients with locally advanced or metastatic epidermal growth factor receptor-mutated non-small cell lung cancer and brain metastases at baseline, representing 40% of patients in the trial, as assessed by blinded independent central review. These results were presented in an oral presentation at the European Society for Medical Oncology Congress in Madrid, Spain. In this group of patients, TAGRISSO with the addition of chemotherapy reduced the risk of CNS disease progression or death by 42% compared to TAGRISSO alone as assessed by BICR. With two years of follow-up, 74% of patients treated with TAGRISSO plus chemotherapy had not experienced CNS disease progression or death versus 54% of patients treated with TAGRISSO monotherapy. Results also showed a higher proportion of patients demonstrated CNS complete response with TAGRISSO plus chemotherapy versus TAGRISSO alone. The safety profile of TAGRISSO with the addition of chemotherapy was generally manageable and consistent with the established profiles of the individual medicines. Adverse event rates were higher in the TAGRISSO plus chemotherapy arm, driven by well-characterised chemotherapy-related AEs. TAGRISSO discontinuation rates were low in both arms of the trial. In the TAGRISSO plus chemotherapy arm, patients remained on TAGRISSO for a median duration of 22.3 months, while patients had a median exposure to platinum-based chemotherapy of 2.8 months and a median exposure to pemetrexed of 8.3 months.
PSNL

Hot Stocks

07:30 EDT Personalis presents initial findings from work with RACERx lung cancer study - Personalis announced the presentation of initial findings from its work with TRACERx lung cancer study, marking a substantial advancement in lung cancer circulating tumor DNA detection and management. The Personalis NeXT Personal cancer assay, created to detect and monitor residual and recurrent disease, demonstrated significantly improved detection rates for early-stage lung cancer, including lung adenocarcinoma, one of the most common and challenging subtypes of non-small cell lung cancer to identify in blood samples. The findings come from an analysis by Professor Charles Swanton, James Black, and other members of the TRACERx consortium. The findings were presented at the 2023 European Society for Medical Oncology Congress on October 21 in Madrid, Spain, and are the first publicly presented results from Personalis' collaboration with Cancer Research UK's Cancer Research Horizons, University College London, and the Francis Crick Institute. In this analysis, NeXT Personal showed significantly higher sensitivity in early-stage NSCLC patients compared to two previous publications on the TRACERx cohort. Pre-surgery, the assay demonstrated 100% sensitivity for ctDNA in pre-surgical non-LUAD samples and 81% pre-surgical ctDNA sensitivity for LUAD, one of the most common types of lung cancer but also one of the most challenging to detect in blood. The pre-surgical sensitivity for early-stage LUAD was up to 4X higher than in previous studies on the TRACERx cohort, depending on stage. This high sensitivity enhanced the assay's ability to detect recurrence and monitor lung cancer effectively. The study demonstrated that pre-surgical ctDNA levels with NeXT Personal could be used to classify early-stage lung cancer patients into lower- and higher-recurrence risk groups. Furthermore, the analysis showed that the ultra-low levels of ctDNA detection enabled by NeXT Personal were critical to determining patient recurrence risk. For example, LUAD patients who were ctDNA-negative before surgery with NeXT Personal strikingly exhibited a 100% 5-year overall survival rate and 94% relapse-free survival rate in the TRACERx cohort. In comparison, patients who were ctDNA-positive prior to surgery had a high risk of cancer recurrence over 5 years. The results presented at ESMO also showed that NeXT Personal enabled earlier detection of residual or recurrent lung cancer after surgery in the TRACERx cohort. The results show a median lead time of approximately 6 to 11 months for ctDNA detection ahead of traditional imaging, and significantly longer than previous TRACERx results. The ability to identify potential recurrence months earlier offers the possibility to intervene and accelerate treatment in high-risk patients. The promise of helping lung cancer patients throughout their journey Overall, the TRACERx results raise the potential of using NeXT Personal to help inform patient management throughout the patient journey, from pre-surgery to post-surgery and longer-term monitoring.
AGEN

Hot Stocks

07:27 EDT Agenus announces Phase 1b data of botensilimab in combo with balstilimab - Agenus announced expanded data from the company's phase 1b study of botensilimab in combination with balstilimab in patients with advanced sarcomas. The results were presented in an oral presentation at the European Society for Medical Oncology Congress 2023. "These results reinforce the promising potential of BOT+BAL in multiple cold, treatment-resistant solid tumors," said Steven O'Day, Chief Medical Officer. "Notably, we observed several durable responses extending past one year, including patients with visceral angiosarcoma, which is traditionally unresponsive to immunotherapy, as well as other cold subtypes like leiomyosarcoma. As we expand the study, we aim to focus on key subsets and dosing strategies to maximize benefit for patients." "As the study has advanced, BOT+BAL continues to demonstrate encouraging results in a larger population of patients with difficult to treat sarcomas, with a median response duration of 19.4 months and a 40% 6-month progression-free survival rate. We're also seeing a dose-dependent effect, with a 29% objective response rate at 2 mg/kg," said Breelyn Wilky, Director of Sarcoma Medical Oncology at the University of Colorado, and study investigator. A total of 41 evaluable patients received either 1 or 2 mg/kg BOT every 6 weeks and 3 mg/kg BAL every 2 weeks. Majority of patients had either angiosarcoma or leiomyosarcoma subtypes. Patients were heavily pre-treated, with a median of three prior lines of therapy, including 16% who received prior PD-(L)1 therapy. Majority of patients had biomarkers associated with poor response to immunotherapy: 87% had a low tumor mutation burden, 74% of patients were PD-L1 negative by immunohistochemistry. No new safety signals reported, with tolerability consistent across tumor types. Adverse events were generally manageable and reversible. Diarrhea/colitis was the most clinically significant immune-mediated adverse event. No grade 4 or 5 treatment-related adverse events and no related cases of irreversible events such as hypophysitis, pneumonitis, hepatitis, or myocarditis were reported.