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Destroying Cancer at the Speed of Light®

Clinical Study Underway (75 of 100 Patients Treated)
Expected to complete enrollment at the end of 2024
Expected to complete study at the end of 2026


Bullboard - Investor Discussion Forum Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called... see more

TSXV:TLT - Post Discussion

Theralase Technologies Inc. > Sesen Throws in the Towel
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Post by Eoganacht on Jul 19, 2022 3:33pm

Sesen Throws in the Towel

Not a great durable response - 40% at 3 months down to 17% at 12 months

Sesen Bio Pauses Clinical Development for Vicineum in BCG-Unresponsive NMIBC

The clinical development of Vicineum for use as a potential therapeutic option in patients with high-risk, Bacillus Calmette-Gurin (BCG)–unresponsive non–muscle invasive bladder cancer (NMIBC), has been voluntarily paused in the United States, according to an announcement from Sesen Bio.1
 
The decision follows recent discussions with the FDA, and a comprehensive assessment that was done on the agent, in which the incremental development timeline and associated costs for an additional phase 3 trial of the recombinant fusion protein in those with NMIBC were further evaluated.
 
The late-stage clinical company shared that this pause in development allows for conservation of cash and the opportunity to continue to evaluate possible strategic alternatives to maximize shareholder value, according to a recent press release.
 
We have had 4 productive meetings with the FDA since August 2021, and we believe we have a full understanding of the FDA’s evolving position and guidance on the following variables: accelerated vs standard approval, single-arm vs randomized controlled trials, comparative vs non-comparative efficacy end points, and adequate vs less-than-adequate BCG patient populations,” Thomas Cannell, DVM, president and chief executive officer of Sesen Bio, stated in the press release.
 
Cannell added that the treatment paradigm for NMIBC has evolved, with a significant uptake of intravesical chemotherapy observed during the BCG shortage. “In assessing the impact of the regulatory and commercial landscape, we have made the decision to pause the clinical development of Vicineum,” Cannell said.
 
Vicineum is comprised of a recombinant fusion protein that targets epithelial cell adhesion molecule antigens on the surface of cancer cells to deliver the protein payload Pseudomonas Exotoxin A. The agent is created with a stable, genetically engineered peptide tether to confirm that the payload remains linked to the antibody-binding fragment until it is internalized by the tumor cell. Notably, the design of the fusion protein is hypothesized to reduce the risk of toxicity to healthy tissues.
 
Vicineum was examined in patients with NMIBC who previously received standard-of-care BCG as part of the open-label, multicenter, single-arm, phase 3 VISTA trial (NCT02449239).2,3 The trial enrolled those with refractory or relapsed disease post BCG treatment, who had a Karnofsky performance status of 60 or higher and acceptable organ function.
 
Those with evidence of urethral tract transitional cell carcinoma within 2 years before treatment, or those with hydronephrosis were excluded. Other exclusion criteria included having received any intravesicular or other chemotherapy within 2 weeks of treatment on the trial or any investigational agent within 4 weeks of the initial dose of the study drug.
 
The primary end points of the trial included complete response (CR) and duration of response (DOR) in those who comprised cohort 1. Key secondary end points comprised time to disease recurrence for patients in cohort 3, as well as time to cystectomy, progression-free survival, event-free survival, and overall survival (OS) for patients across the cohorts examined.
 
In 89 patients with carcinoma in situ, with or without papillary disease that was refractory or recurred less than 11 months after their last course of BCG, Vicineum produced a CR rate of 40% (95% CI, 33%-51%) at 3 months. At 6 months, 9 months, and 12 months, the CR rates achieved with the agent were 28% (95% CI, 19%-39%), 21% (95% CI, 13%-31%), and 17% (95% CI, 10%-26%), respectively.
 
Cohort 1 included patients who had carcinoma in situ with or without papillary disease that was refractory or recurred within 6 months of their last course of BCG (n = 82). In these patients, Vicineum induced CR rates of 39%, 26%, 20%, and 17% at 3 months, 6 months, 9 months, and 12 months, respectively.
 
Patients with carcinoma in situ with or without papillary disease that was refractory or recurred after 6 months, but less than or equal to 11 months, following their last course of BCG comprised cohort 2. At 3 months, the CR rate achieved with Vicineum was 57%; at 6 months, 9 months, and 12 months, these rates were 57%, 43%, and 14%, respectively.
 
A median DOR of 273 days (95% CI, 122–not applicable [NA]) per the Kaplan-Meier method was observed in those who comprised cohort 1. Moreover, an ad-hoc analysis of pooled data for 93 patients in either cohort 1 or 2 indicated that of those who responded to Vicineum at 3 months, 52% achieved a CR that persisted for 12 months or longer after treatment initiation.
 
Moreover, patients with high-risk papillary disease experienced higher rates of progressive disease and recurrence. The median time to recurrence in 40 patients who were included in cohort 3 was 402 days (95% CI, 170–NA).
 
Of all the patients who received treatment with Vicineum (n = 133), more than 75% were estimated to continue to be free of cystectomy at 2.5 years. Data from an ad-hoc analysis that looked at responders vs non-responders showed that 88% of responders were estimated to remain cystectomy free at 3 years. Additionally, 90% of all patients who received Vicineum are estimated to be free of disease progression at 2 years or longer, and 29% were estimated to remain event free at 1 year. Ninety-six percent of patients were estimated to experience an OS of 2 years or longer.
 
Most adverse effects (AE) reported by patients across the cohorts were low grade. The most common AEs experienced with Vicineum included dysuria (14%), hematuria (13%), and urinary tract infection (12%). Toxicities were noted to be both manageable and reversible.
 
Only 4 patients discontinued treatment with the product because of AEs. Moreover, 14% of patients experienced serious AEs (SAEs), irrespective of treatment attribution. Four SAEs were reported in 3 patients, and those included grade 3 acute kidney injury, grade 2 pyrexia, grade 4 cholestatic hepatitis, and grade 5 renal failure.
 
Previously, the biologics license application for Vicineum was granted a priority review from the FDA in February 2021.
Comment by Eoganacht on Jul 19, 2022 3:42pm
Their stock price dropped from 90 cents on Friday to 62 cents yesterday.
Comment by ScienceFirst on Jul 19, 2022 5:07pm
August 2021, almost 1y ago, SESN was trading @4.20$US (800M$US in market valuation), so 13.5x TLT's current valuation (58M$US). It is now worth 128M$US.  So 2.2x TLT's current valuation (58M$US).  They only have Head&Neck as an indication (https://sesenbio.com/our-programs/). Sesen Bio (SESN) - Market capitalization They had a nice graphic by the way on the road to NMIBC ...more  
Comment by CAinPlap on Jul 19, 2022 4:12pm
Can we dream that as part of the recent discussions with the FDA that they were informed of a  promising new tech with fewer treatments and minimal side effects that they expect to displace current SOC. ;)
Comment by Oilminerdeluxe on Jul 19, 2022 4:22pm
Bring on numbers that are better than Sesen, please. 
Comment by CancerSlayer on Jul 20, 2022 12:02am
  My dream extends beyond a promising single-agent two and done option (historically one & done from Ph 1b).  If proved successful, I imagine our treatment-friendly ACT market would likely extend beyond BCG-refractory patients.  We could not only displace any current/de facto SOC (gemcitabine + docetaxel intravesical combo), but could also be used as an add-on/adjuvant ...more  
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Investor Presentation

The Road to Saving Lives: Clinical Study Underway

  • Clinical Study with 75 of 100 Patients Treated (Enrollment to be completed by end of 2024, with study completed by end of 2026)
     
  • Ground Floor Investment Opportunity in Multi-Billion Dollar Industry
     
  • Best-in-class treatment for NMIBC (according to interim clinical data)
     
  • NMIBC (Non-Muscle-Invasive Bladder Cancer)
     

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The Road to Saving Lives: Clinical Study Underway

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  • Ground Floor Investment Opportunity in Multi-Billion Dollar Industry
     
  • Best-in-class treatment for NMIBC (according to interim clinical data)
     
  • NMIBC (Non-Muscle-Invasive Bladder Cancer)
     

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