Latest news with #Chimeric
News.com.au
4 days ago
- Business
- News.com.au
ASX biotechs join global race for cell therapy breakthroughs
ASX biotechs target global cell therapy market, projected to reach ~US$48bn by 2034 Arovella the only ASX-listed biotech delving into CAR iNKT therapies and one of few globally Chimeric aims to 'break new ground' in treatment of solid tumours with CAR-T and NK cell assets Cell therapies represent a promising frontier in modern medicine, offering potential to treat, and in some cases cure diseases previously considered untreatable. By using living cells, either from the patient (autologous) or a donor (allogeneic), cell therapies aim to repair, replace, or enhance biological functions within the body. Originally pioneered for blood cancers through technologies like chimeric antigen receptor (CAR) T-cell therapies, the field is rapidly expanding into solid tumours, autoimmune conditions, and neurological diseases. Australia has close ties to CAR T-cell therapy development. Melbourne-based Cell Therapies Pty Ltd, the country's largest Therapeutic Goods Administration (TGA) licensed cell and gene therapy manufacturer, was the commercial production partner for Novartis's Kymriah – the first CAR T-cell therapy approved by the US Food and Drug Administration (FDA) in 2017. While the science remains complex, advances in manufacturing, engineering, and clinical design are making next-generation cell therapies more accessible and scalable, positioning them as a key pillar of future healthcare. Several ASX biotechs are positioning themselves at the forefront of cell therapies to capture a share of the global market, which accounted for ~US$6.04 billion in 2024 and is anticipated to close in on US$48bn by 2034, growing at a CAGR of almost 23%. In particular focus here is the treatment of solid tumours, which account for 90% of all cancers but have so far proven difficult to treat with cell therapies. Arovella in rare biotech club targeting CAR-iNKT therapies Arovella Therapeutics (ASX:ALA) is the only ASX-listed biotech delving into CAR Invariant Natural Killer T-cells (iNKT) therapies, and one of only a few globally. CEO Dr Michael Baker told Stockhead iNKT cells were distinct from the more familiar natural killer, or NK cells, which along with T-cells had limitations. T-cells can't be used off-the-shelf unless they are genetically engineered. While NK cells can quickly eliminate abnormal cells such as tumour cells, iNKT cells go further. Not only do they kill like T and NK cells, but they also trigger a longer-lasting response by activating other key parts of the immune system. Because iNKT cells recognise foreign threats differently – unlike classic CAR-T cells – it has been shown in clinical trials that iNKT cells do not cause complications like graft-versus-host disease (GvHD) when administered from a healthy donor to a patient. The FDA has approved seven CAR-T therapies to date, all for blood cancers, but no iNKT treatments. While over 120 global trials are investigating CAR-NK therapies for blood and solid tumours, CAR iNKT research remains limited. Baker said most cell therapies use the patient's own cells (autologous), but this was costly, slow, and relies on compromised cells. Arovella is taking an allogeneic approach, using healthy donor cells to create off-the-shelf, frozen doses shipped to clinics as needed in a 'ready-to-use' model. Its lead therapeutic ALA-101 combines iNKT cells with a CAR that targets CD19, a protein commonly found on B-cell blood cancers like lymphoma and leukaemia. One of Arovella's next key milestones is to apply to the FDA for its first-in-human trial, enrolling non-Hodgkin's lymphoma and leukaemia patients. The company's other key goal is also tackling solid tumours. "The first approved blood cancer targeting CAR-T products have demonstrated just how important cell therapies will be for cancer treatment," Baker said. "We look forward to using our CAR-iNKT cell platform to expand upon that work and aim to create products capable of increasing access and reducing costs. "There is a lot of great science that will continue to advance the off-the-shelf cell therapy sector. "That is why we continue to scour the globe for new IP to build into our CAR-iNKT platform, to either strengthen our CAR-iNKT cells or to broaden the cancer types that we can target.' Imugene also aims to crack solid tumours Imugene (ASX:IMU) is developing cell-based immunotherapies, including allogeneic CAR T-cell therapies, oncolytic viruses and B-cell vaccines, to address both blood cancers and solid tumours. The company's lead cell therapy candidate azercabtagene zapreleucel (azer-cel) is an off-the-shelf CAR T-cell therapy targeting CD19, a protein commonly expressed on malignant B-cells. There are no allogeneic (off the shelf) CAR T therapies approved to date. Azer-cel is currently undergoing clinical trials for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL), a hard-to-treat form of non-Hodgkin's lymphoma. In early-phase studies, azer-cel has demonstrated promising results, including high complete response rates and durable remissions in patients who have previously relapsed after autologous CAR T-cell therapies. "We are very pleased with the continued positive data coming from the azer-cel trial, which further reinforces its potential as a treatment for lymphoma patients who have failed on several previous therapies including auto CAR T," CEO and managing director Leslie Chong told Stockhead. Imugene's next-generation cell therapy platform OnCARlytics is designed to help overcome one of the biggest challenges in cancer treatment, making solid tumours visible to the immune system. The approach combines Imugene's proprietary CF33 oncolytic virus, which selectively infects and destroys cancer cells, with CD19-targeting CAR T-cells. The CF33 infects tumour cells and forces them to express CD19, a marker typically found on blood cancer cells but absent on solid tumours. By introducing CD19 into the tumour environment, the therapy effectively tags the cancer, allowing CD19-specific CAR T-cells to recognise and attack the tumour. Imugene's pipeline also includes multiple immunotherapy B-cell vaccine candidates, which involve inducing the body to produce polyclonal antibodies against specific tumour-associated antigens. The company's PD1-Vaxx is designed to generate antibodies that block the PD-1 receptor, potentially mimicking the effects of checkpoint inhibitors such as pembrolizumab (Keytruda). The company recently announced the first patient had been dosed in Australia as part of an investigator-sponsored Phase II Neo-POLEM clinical trial, which is evaluating PD1-Vaxx's potential to improve treatment outcomes for patients with mismatch repair-deficient/microsatellite instability-high (dMMR/MSI-high) colorectal cancer. This aggressive cancer subtype accounts for ~15% of all colorectal cancer cases. Chimeric advances cell therapy assets in solid tumours Chimeric Therapeutics (ASX:CHM) has three CAR T and NK cell assets in clinical trials. It has an ongoing phase 1/2 clinical trial for its novel CHM CDH17 CAR T-cell therapy targeting advanced colorectal cancer and Neuroendocrine tumours of the midgut. Their second program CHM CLTX CAR T is in a phase 1B clinical trial in recurrent/progressive glioblastoma, a form of brain cancer. CHM CORE-NK is a potentially best-in-class, clinically validated NK cell platform. Data from the complete phase 1A clinical trial, demonstrated safety and efficacy in blood cancers and solid tumours. Two additional Phase 1B clinical trials investigating CHM CORE-NK in combination regimens have been initiated in Acute Myeloid Leukemia (AML). "We're excited to be actively advancing in the clinic and pushing through dose levels as we break new ground in the solid tumour CAR T-cell therapy space," CEO Dr Rebecca McQualter told Stockhead. Prescient advancing cell therapy platforms While predominately focused on PTX-100, its first-in-class compound with the ability to block an important cancer growth enzyme geranylgeranyl transferase-1 (GGT-1), Prescient Therapeutics (ASX:PTX) is also advancing its proprietary OmniCAR and CellPryme platforms. OmniCar has potential to allow CAR T therapy cells to be more targeted, safer, more effective, cost-effective and of longer duration. CellPryme is a complementary application to OmniCar split into two components. CellPryme-M produces superior cells that are more potent and last longer, aiming to double tumour control. Meanwhile, CellPryme-A acts as an adjuvant therapy, increasing the expansion of CAR T-cells and enhancing their ability to penetrate the tumour. AdAlta adopts East to West cellular immunotherapy strategy AdAlta (ASX:1AD) and venture capital firm SYNthesis BioVentures Fund (SYNBV) launched AdCella in 2024 to adopt an East to West strategy and bring cutting-edge cellular immunotherapies from Asia, particularly China, into Western markets. SYNBV was co-founded by Professor Andrew Wilks, who alongside Amplia (ASX:ATX) CEO Dr Chris Burns received the 2024 Prime Minister's Prize for Innovation for co-inventing momelotinib, an FDA-approved treatment for myelofibrosis. The strategy leverages AdAlta managing director and CEO Dr Tim Oldham's deep expertise in cellular immunotherapies and extensive operational experience in Asia to identify and advance promising Asian cellular therapies that can be transitioned into regulated western markets. Oldham was previously CEO of Cell Therapies and said he'd been fortunate to witness firsthand the rapid evolution of China's biotech sector and remarkable progress in cellular immunotherapies for cancer treatment over the past 15 years. The East to West cellular immunotherapy strategy for cancer is now a core growth priority for AdAlta and a key driver of future pipeline growth and value creation.
News.com.au
19-05-2025
- Business
- News.com.au
Health Check: Biotechs obey the Three Commandments of life sciences
Anatara has taken a different tack post-trial results, while Chimeric is raising funds and Imugene proposes a share consolidation Heramed falls victim to US healthcare funding cuts D-Day looms for Mayne Pharma holders – or will there be a twist? Biotechs are heeding the Three Commandments of Life Sciences, as evidenced by ASX announcements over the last few days. Why have only three emerged from the Mount? Inspired by Donald Trump's famed negotiating skills and the supermarkets' shrinkflation practices, we managed to whittle them down from ten – and got adultery removed for good measure. Anatara cuts the pineapple in other ways Commandment One: when a clinical trial faileth, do not throweth in the towel prematurely. In the case of Anatara Lifesciences (ASX:ANR), the company dipped out with a phase II trial testing its drug candidate – Garp – on irritable bowel syndrome (IBS) patients. Garp, as in Gastrointestinal ReProgramming, contains a form of bromelain, an enzyme found in pineapple stems of all things. Enlisting 78 volunteers, the study failed to meet the primary endpoint of a meaningful improvement in IBS symptoms, compared to placebo. This was despite a 40% 'sustained and consistent' improvement, as measured by the IBS symptom scoring system. The gist is that while there was an 'apparent trend of pain and distension relief', the more subjective measures did not show a clear pattern of improvement and this affected the overall score. For example, questions included "how dissatisfied are you with your bowel functioning the past 10 days?" The answers 'appeared to confound the result, presumably because the underlying disease is still present with a level of symptomatology'. Anatara is continuing its anti-obesity pre-clinical studies, which are expected to take about six months to complete. The other lesson here is that in devising primary endpoints, one should be-eth bloody careful to picketh the right ones. Chimeric seizes the day Commandment Two: Don't wasteth a successful trial result: go-eth to the well. True to that lore, Chimeric Therapeutics (ASX:CHM) on Friday requested a trading halt 'pending an announcement in relation to a capital raising'. The shares are frozen until tomorrow, or possibly today if the news come through. On Thursday Chimeric shares soared 60%, or two-thirds of the cents after the company said two out of three evaluable patients in its phase IIb trial had achieved a complete response. A complete response means remission or – in layman's terms – a cure. The third patient had 'achieved stable disease, whereby the cancer is neither increasing nor decreasing in extent or severity'. The study tested Chimeric's natural killer (NK) cells, agents in the blood stream with heightened cancer busting powers. Chimeric's candidate, CHM-0201 was administered alongside standard-of-care chemotherapy patients to the for acute myeloid leukemia. The three patients are the first to be targeted of 20 subjects, with 12 enrolled as of December. The first patient was dosed in June last year. The three patients were ineligible for transplantation and had not been previously treated. Honey – we shrunk the share base Commandment Three: when one's share price plummeteth, one should seeketh to consolidate one's shares. Imugene (ASX:IMU) proposes a share consolidation to reduce its circa 7.46 billion shares on issue by a factor of 34, subject to investor approval at an EGM. Imugene shares have fallen more than 70% over the last two years – and lost close to 10% this morning. In theory, the shares would be worth 68 cents a share post-consolidation. Apart from the 'vibe' of a company no longer being in 'penny dreadful' territory, share consolidations don't change anything fundamentally. Heramed loses US hospital partner HeraMED (ASX:HMD) has fallen victim to Trumpian public healthcare funding cuts, with hospital partner Broward Health ceasing use of the company's digital foetal monitoring tool Heracare. Heramed says Broward believed that Heracare worked quite well, including reducing pre-term births significantly. But the First, Second and Third Commandment of US healthcare is that economic imperatives come before clinical ones. As a Medicaid 'safety net' hospital, Broward took up Heracare courtesy of a state grant. As of April 1 this year, federal allotments to the states to fund such services have been reduced by US$8 billion annually. Heramed has appointed a US healthcare commercialisation firm, Aspire Health Innovations, to further its US growth. The company also is in commercial discussions with potential partners 'in other markets with stable healthcare policy environments.' Vitura pots another one Medical cannabis intermediary Vitura Health (ASX:VIT) has added another chain of clinics to its range of outlets, albeit indirectly. Vitura's 50% joint venture Flora has acquired the digital platform Heyday Medical, 'one of Australia's most respected medicinal cannabis clinics'. Established in 2020, the chain claims to have services more than more than 5000 patients. The deal involves Flora paying $350,000 in cash, plus a 15% stake in Flora post-deal, the value of which has not been quantified. Vitura owns the Canview marketplace, Doctors on Demand telehealth business, CDA Clinics (medical cannabis telehealth) and a the clinic chain Candor Medical. Last November Flora acquired the Releaf Group, which operates telehealth and physical clinics. Mayne and Island shares have a rest Mayne Pharma (ASX:MYX) shares are in trading halt until Wednesday, pending news of a 'material announcement' pertaining to US dermatological group Cosette's $7.40 a share cash takeover offer. Last Thursday, Mayne issued an independent report opining the offer was 'fair and reasonable', with an assessed value of $6.61 to $7.50 per share. Barring any surprise, Mayne holders will meet on June 18 to approve the scheme of arrangement. Meanwhile, Island Pharmaceuticals (ASX:ILA) shares are on trading halt pending a capital raising. The developer of both a treatment and prophylactic for dengue fever, Island had cash of $4.8 million as of the end of March.
