Wow! These are the kind of articles that get me excited about this immune oncology market! Do you have any idea just how good this newly released finding is, and what it means for ENUM!?
First, let me show you a portion of the article that highlights what adding TIM-3 after anti-PD-1 therapy fails means in terms of extended survival:
Here's the abstract of the article, also the PDF link of it:
Now, take a long at Competing financial interest section, that paid for the research. Authors initials and their Big Pharma affiliations that have an interest in the findings. I'll bold each company once:
The ONLY company that has a TIM-3 in clinical development right now as we speak is Novartis, testing MBG453 (TIM-3) alone, and also with PDR001 (anti-PD1). Their Phase I-b portion of the study recently began testing in solid tumors (several indications); NCT02608268.
Off topic for a second; I'm not sure how Novartis' clinical trial will turn out the way it's currently designed, but I imagine they will consider altering the clinical protocol based on the newly released research. The thing about this clinical study, is it's not taking into account sequential. If one goes according to the findings in the article, TIM-3 timing should be done upon PD1 failure (stops working). Novartis designed this study, this dosage escalation study to test TIM-3 alone or along with their PD1. They are not testing after PD1 failure, except, under the inclusion/exclusion area, they do allow prior PD1 patients to join. Those patients should see benefit:
Prior participation in an interventional, investigational cancer vaccine or immunotherapy study except for an anti-PD-1/PD-L1 study.
Back on topic, again Novartis is the only Big Pharma testing TIM-3 in solid tumors. ENUM has already screened TIM-3 and found some lead candidates which are now in pre-clinical stage testing. Those findings should come out H12016!
Here's info from ENUM about the space:
Estimated sales for checkpoint blockers in 2020 > $27 billion per year* (Estimate only for PD-1/PD-L1 class)
Sales of approved I/O drugs (1st launched in 2011) > $2.8 billion in annualized revenue (Quarter ended September 30, 2015**)
Bristol Myers Squibb, Merck, AstraZeneca, Roche leading development; others actively investing in space *Cowen and Company **Bristol Myers Squibb, Merck
It is early in the development of the immuno-oncology (I/O) market
Significant opportunity to use differentiated insights to define optimal combination
Commercial oncology franchises without I/O will lag
You can bet your bottom dollar that Merck and BMY, who already have a PD1 sales will be interested in ENUM's TIM-3 candidates (along with their best-in-class PD-1). The use of TIM-3 more than doubled the efficacy of PD-1. AND, it should come after drug failure, so absolutely no risk of loss of sales from the PD-1, it's additional revenue! Every biotech that I highlighted in that paper will be interested in ENUM. This company is going to be unstoppable once it starts moving. :)