BPC October 06 update

Biotech stocks to watch at ESMO - abstracts out October 9

Weekly watchlist

The main oncology event in Europe, ESMO, will be held In two weeks.  We highlight a number of presentations to watch leading up to and during the conference.

Abstracts will be published online via the ESMO website at 00:05 CEST on Tuesday, 9 October 2018. All late-breaking abstracts will be made public at the start of the official Congress session during which they are presented.

First, let’s review the week that was with a selection of and clinical and regulatory events.

Roche (OTCQX: RHHBY) noted on Thursday that the FDA has approved Hemlibra for patients with haemophilia A without factor VIII inhibitors.

Akcea Therapeutics, Inc. (NASDAQ: AKCA) and Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) announced Friday that the FDA has approved Tegsedi (inotersen) for the treatment of the polyneuropathy of hereditary transthyretin-mediated amyloidosis in adults. 

Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK) announced Tuesday the FDA has approved Nuzyra (omadacycline) for the treatment of adults with community-acquired bacterial pneumonia (CABP) and acute skin and skin structure infections (ABSSSI). The company also received approval that same day for Seysara (sarecycline) for the treatment of inflammatory lesions of non-nodular moderate to severe acne vulgaris.

Omeros Corporation (NASDAQ: OMER) announced Monday data from its Phase 2 clinical trial of OMS721 for the treatment of renal diseases. A marginal difference compared with placebo was shown, resulting in shares closing the week down 43% to $13.97. Shares closed the week 

"For the nine evaluable patients, median reductions in proteinuria following the initial 12-week course of treatment were 18.4 percent and 18.0 percent for the OMS721 and placebo groups, respectively."

In an extension part of the trial, just under half of pooled patients on OMS721/placebo received a further six weeks of treatment at investigator discretion. The patients showed a median proteinuria reduction of 55.7%.

Presentation to watch at ESMO - October 19-23, 2018.

Drug Stage Catalyst Market Cap

ADAP – Adaptimmune Therapeutics plc
MAGE-A10 (ADP-A2M10)
Non-Small Cell Lung Cancer (NSCLC)

Phase 1 Phase 1 further data due 2H 2019.
$86.2 million

AZN – Astrazeneca PLC
Lynparza - SOLO 1
First-line ovarian cancer following platinum-based chemotherapy

Approved FDA Approval announced December 19, 2018.
$124.9 billion

BLRX – BioLineRx Ltd.
BL-8040 in combination with KEYTRUDA - COMBAT trial
Pancreatic cancer

Phase 2 Phase 2 response data due 4Q 2019 with PFS data due mid-2020. Presentation at ESMO-IO, December 11-14, 2019.
$28 million

CLVS – Clovis Oncology Inc.
Rucaparib - TRITON2
Castrate-resistant prostate cancer (mCRPC)

sNDA Filing sNDA due 4Q 2019.
$425.4 million

CTMX – CytomX Therapeutics Inc.
PROCLAIM-CX-072-002
Solid tumors

Phase 2 Phase 2 initial data due 2020.
$261.2 million

MRK – Merck & Company Inc. (new)
Keytruda KN-048
Head and neck squamous cell carcinoma (HNSCC)

Approved FDA Approval announced June 11, 2019.
$217.6 billion

NCNA – NuCana plc
NUC-3373
Solid tumors

Phase 1 Phase 1 initial data due 2020.
$217.1 million

NCNA – NuCana plc
NUC-1031 (Acelarin)
Front-Line Treatment of Advanced Biliary Tract Cancer

Phase 3 Phase 3 update due 2020.
$217.1 million

RHHBY – Roche Holding Ltd ADR (Sponsored)
Entrectinib
Solid tumors and ROS1-positive non-small cell lung cancer (NSCLC)

Approved FDA approval announced August 15, 2019.
$261.8 billion