Giv­ing it a GO: Gi­ant Roche se­lects a tiny play­er at Lab­Cen­tral for its next can­cer R&D part­ner

Roche has just inked its lat­est deal in the on­col­o­gy field. And while the terms may be mod­est by to­day’s in­dus­try stan­dards, it’s still a ma­jor league en­dorse­ment for the tiny biotech which scored the con­nec­tion.

Con­stan­tine Theodor­op­u­los

Lit­tle GO Ther­a­peu­tics, which has a staff of 5 work­ing in shared lab space at Lab­Cen­tral in Cam­bridge, MA, is get­ting $9 mil­lion up­front for the pact, which spot­lights their work on O-linked gly­co­sy­la­tion. There’s an­oth­er $186 mil­lion in mile­stones, com­plet­ing a pack­age that has been in the works for some time, as GO worked with Roche’s pRED group based in Basel.

As a tar­get, the crew at GO be­lieves they’ve found a unique way to specif­i­cal­ly go af­ter can­cer cells with­out touch­ing the healthy cells.

CEO Con­stan­tine Theodor­op­u­los be­lieves they’re about the on­ly play­er in this spe­cif­ic field, with a gly­co­pro­tein tar­get­ing plat­form that cen­ters on the role of aber­rant O-linked gly­cans in can­cer. 

“There are not many com­mer­cial­ly-ori­ent­ed com­pa­nies that are in this field,” says Theodor­op­u­los, “though there is a fair amount of aca­d­e­m­ic work.”

That may change as GO starts to talk more about its work with Roche, a big play­er in on­col­o­gy — though most­ly through its gRED group at Genen­tech.

If it works, they could open up a path to new and bet­ter im­munother­a­pies, with CAR-T join­ing a group of drug types that in­cludes an­ti­body-drug con­ju­gates as well as T-cell bis­pecifics and more.

Hans Wan­dall

Theodor­op­u­los — a busi­ness de­vel­op­ment con­sul­tant who’s worked for years help­ing EBD set up its glob­al biotech con­fer­ences — start­ed GO based on the work of two key sci­en­tif­ic founders from the Uni­ver­si­ty of Copen­hagen: Hans Wan­dall, the co-di­rec­tor of the cen­ter for gly­co­bi­ol­o­gy at the uni­ver­si­ty, and gly­co­bi­ol­o­gy ex­pert Hen­rik Clausen.

Hen­rik Clausen

There were three key com­po­nents to get­ting through ear­ly pre­clin­i­cal work. First, they had to ID where the gly­co­sy­la­tion sites are on pro­teins. Sec­ond, could they de­vel­op an an­ti­body for it — one that rec­og­nized both the sug­ar and the un­der­ly­ing pro­tein — and then could you screen the an­ti­bod­ies to find the one that “tru­ly rec­og­nizes this gly­co­sy­la­tion mo­tif.”

That ap­proach, says the CEO, could have a big im­pact on can­cer. And Roche wants to be along for the ride dur­ing the next stretch.

The mon­ey from Roche comes on top of a small, $5 mil­lion round from a Chi­nese in­vestor. 

That doesn’t leave a lot of mon­ey for splurg­ing, but Theodor­op­u­los says they’ll add a cou­ple more key team play­ers to the small group at Lab­Cen­tral.

“We’re OK now for a lit­tle while,” says Theodor­op­u­los, who helped seed the ven­ture ini­tial­ly. A Se­ries B could come to­geth­er to­ward the end of next year, “as­sum­ing we’re suc­cess­ful with our fol­low-on to re­al­ly dri­ve to the clin­ic.”

ZS Per­spec­tive: 3 Pre­dic­tions on the Fu­ture of Cell & Gene Ther­a­pies

The field of cell and gene therapies (C&GTs) has seen a renaissance, with first generation commercial therapies such as Kymriah, Yescarta, and Luxturna laying the groundwork for an incoming wave of potentially transformative C&GTs that aim to address diverse disease areas. With this renaissance comes several potential opportunities, of which we discuss three predictions below.

Allogenic Natural Killer (NK) Cells have the potential to displace current Cell Therapies in oncology if proven durable.

Despite being early in development, Allogenic NKs are proving to be an attractive new treatment paradigm in oncology. The question of durability of response with allogenic therapies is still an unknown. Fate Therapeutics’ recent phase 1 data for FT516 showed relatively quicker relapses vs already approved autologous CAR-Ts. However, other manufacturers, like Allogene for their allogenic CAR-T therapy ALLO-501A, are exploring novel lymphodepletion approaches to improve persistence of allogenic cells. Nevertheless, allogenic NKs demonstrate a strong value proposition relative to their T cell counterparts due to comparable response rates (so far) combined with the added advantage of a significantly safer AE profile. Specifically, little to no risk of graft versus host disease (GvHD), cytotoxic release syndrome (CRS), and neurotoxicity (NT) have been seen so far with allogenic NK cells (Fig. 1). In addition, being able to harness an allogenic cell source gives way to operational advantages as “off-the-shelf” products provide improved turnaround time (TAT), scalability, and potentially reduced cost. NKs are currently in development for a variety of overlapping hematological indications with chimeric antigen receptor T cells (CAR-Ts) today, and the question remains to what extent they will disrupt the current cell therapy landscape. Click for more details.

Graphic: Kathy Wong for Endpoints News

What kind of biotech start­up wins a $3B syn­di­cate, woos a gallery of mar­quee sci­en­tists and re­cruits GSK's Hal Bar­ron as CEO in a stun­ner? Let Rick Klaus­ner ex­plain

It started with a question about a lifetime’s dream on a walk with tech investor Yuri Milner.

At the beginning of the great pandemic, former NCI chief and inveterate biotech entrepreneur Rick Klausner and the Facebook billionaire would traipse Los Altos Hills in Silicon Valley Saturday mornings and talk about ideas.

Milner’s question on one of those mornings on foot: “What do you want to do?”

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Executive Director of the EMA Emer Cooke (AP Photo/Geert Vanden Wijngaert)

Eu­ro­pean Par­lia­ment signs off on strength­en­ing drug reg­u­la­tor's abil­i­ty to tack­le short­ages

The European Parliament on Thursday endorsed a plan to increase the powers of the European Medicines Agency, which will be better equipped to monitor and mitigate shortages of drugs and medical devices.

By a vote of 655 to 31, parliament signed off on a provisional agreement reached with the European Council from last October, in which the EMA will create two shortage steering groups (one for drugs, the other for devices), a new European Shortages Monitoring Platform to facilitate data collection and increase transparency, and on funding for the work of the steering groups, task force, working parties and expert panels that are to be established.

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Hal Barron, Endpoints UKBIO20 (Jeff Rumans)

'Al­tos was re­al­ly a once-in-a-life­time op­por­tu­ni­ty': Hal Bar­ron re­flects on his big move

By all accounts, Hal Barron had one of the best jobs in Big Pharma R&D. He made more than $11 million in 2020, once again reaping more than his boss, Emma Walmsley, who always championed him at every opportunity. And he oversaw a global R&D effort that struck a variety of big-dollar deals for oncology, neurodegeneration and more.

Sure, the critics never let up about what they saw as a rather uninspiring late-stage pipeline, where the rubber hits the road in the Big Pharma world’s hunt for the next big near-term blockbuster, but the in-house reviews were stellar. And Barron was firmly focused on bringing up the success rate in clinical trials, holding out for the big rewards of moving the dial from an average 10% success rate to 20%.

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Sec­ondary patents prove to be key in biosim­i­lar block­ing strate­gies, re­searchers find

While the US biosimilars industry has generally been a disappointment since its inception, with FDA approving 33 biosimilars since 2015, just a fraction of those have immediately followed their approvals with launches. And more than a handful of biosimilars for two of the biggest blockbusters of all time — AbbVie’s Humira and Amgen’s Enbrel — remain approved by FDA but still have not launched because of legal settlements.

Kenneth Galbraith, incoming Zymeworks CEO

Zymeworks re­places half its C-suite, aims to lay off 25% of to­tal work­force as new CEO takes over

New Zymeworks CEO Kenneth Galbraith is aiming to hit the ground running when his tenure officially begins next month, but he’ll be doing so with a much different looking team.

In a lengthy press release outlining the biotech’s 2022 goals, Galbraith said Zymeworks will be laying off at least 25% of its staff over the course of the year. Half of its C-suite will also be replaced immediately as Galbraith looks to remake the company in his image after Ali Tehrani, Zymeworks’ founder and CEO since 2003, stepped down two weeks ago.

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FDA+ roundup: FDA's neu­ro­science deputy de­parts amid on­go­ing Aduhelm in­ves­ti­ga­tions; Califf on the ropes?

Amid increased scrutiny into the close ties between FDA and Biogen prior to the controversial accelerated approval of Aduhelm, the deputy director of the FDA’s office of neuroscience has called it quits after more than two decades at the agency.

Eric Bastings will now take over as VP of development strategy at Ionis Pharmaceuticals, the company said Wednesday, where he will provide senior clinical and regulatory leadership in support of Ionis’ pipeline.

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Hal Barron (GSK via YouTube)

GSK R&D chief Hal Bar­ron jumps ship to run a $3B biotech start­up, Tony Wood tapped to re­place him

In a stunning switch, GlaxoSmithKline put out word early Wednesday that R&D chief Hal Barron is exiting the company after 4 years — a relatively brief run for the man chosen by CEO Emma Walmsley in late 2017 to turn around the slow-footed pharma giant.

Barron is being replaced by Tony Wood, a close associate of Barron’s who’s taking one of the top jobs in Big Pharma R&D. He’ll be closer to home, though, for GSK. Barron has been running a UK and Philadelphia-based research organization from his perch in San Francisco.

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CBO: Medicare ne­go­ti­a­tions will ham­per drug de­vel­op­ment more than pre­vi­ous­ly thought

As President Biden’s Build Back Better Act — and, with it, potentially the Democrats’ last shot at major drug pricing reforms in the foreseeable future — remains on life support, the Congressional Budget Office isn’t helping their case.

The CBO last week released a new slide deck, outlining an update to its model on how Medicare negotiations might take a bite out of new drugs making it to market. The new model estimates a 10% long-term reduction in the number of new drugs, whereas a previous CBO report from August estimated that 8% fewer new drugs will enter the market over 30 years.