RE: PharmaJet SITC5 Nov 2024 17:36
Although a personalised vaccine , I see from that article that there's some competition from EVAXION , who have a supply agreement for the checkpoint from Merck . The company also highlighted that it has entered into an option and license agreement with MSD (which is the tradename of Merck & Co., Inc, Rahway, NJ) for two preclinical vaccine candidates, which we have written about before. The company has collaborated with MSD in the past and we were pleased to see the relationship expand—as it will benefit both the company and potential patients. Under the terms of the agreement, Evaxion grants MSD the option to exclusively license two preclinical vaccine candidates: EVX-B2 and EVX-B3—the former of which is a protein-based candidate for gonorrhea and the latter targeting an undisclosed infectious agent. In return, Evaxion received an upfront payment of $3.2 million and could receive an additional $10 million in 2025, the payment amount dependent on MSD exercising it option to license one or both candidates.
"EVX-01 is a peptide-based neoantigen cancer therapy intended for the first-line treatment of a variety of metastatic and unresectable melanoma. Whilst checkpoint inhibitors have revolutionized the treatment of melanoma, too many patients still die from this cancer. EVX-01 has shown promising clinical results in, with patients benefitting - and even recovering - after receiving the therapy. Evaxion is now conducting a large phase 2 clinical trial with this candidate." In addition, the company reminded investors that its ongoing Phase 2 trial of its personalized cancer vaccine, EVX-01, triggered a 79% tumor-specific response, a substantial increase from the 58% response rate seen in the Phase I trial. As we’ve talked about in previous reports, the AI-Immunology platform of Evaxion showed the promise of improving treatment for patients by being able to “learn” from previous trials and improve upon the treatment as it moves along the approval process. This result is further confirmation of the vast potential that this platform has and illustrates why we continue to have a very positive view on the company.
Specifically in the case of EVX-01, these results, in our view, greatly improve the chance that the treatment will be able to make in through the approval process and reach commercialization stage. Immune responses to such treatments are looked at closely by regulators and these results, according to the company, compare favorably to other personalized cancer neoantigen trials.
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This sentence is interesting " Immune responses to such treatments are looked at closely by regulators" . If Scancell continue to get excellent results then regulators will love the immune response . As I said, although personalised, we do have competition that's producing excellent results and AI may be stealing the time advantage Scancell has had up to now. Not long to wait before Scancell’s trial results ....and I really hope the management