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DewDiligence

01/09/17 9:11 AM

#207760 RE: DewDiligence #206573

ADXS 2017 news flow:

http://finance.yahoo.com/news/advaxis-provides-2017-business-outlook-130000129.html

Advaxis anticipates the following development milestones in 2017:

Clinical Operations

Axalimogene Filolisbac [a/k/a AXAL]

• Present a detailed data analysis of the completed Phase 2 GOG-0265 trial, which was conducted by the GOG Foundation, Inc. (GOG, now part of NRG Oncology), evaluating patients with persistent or recurrent metastatic (squamous or non-squamous cell) carcinoma of the cervix (PRmCC), at a medical meeting in the first half of 2017. Top-line data released in 2016 showed a 12-month overall survival rate of 38 percent observed in 50 patients in the trial. This is a 52 percent improvement over the 12-month overall survival rate that was expected in the trial’s patient population based on prognostic factors.

• Attend an end-of-Phase-2 meeting with respect to PRmCC with the U.S. Food and Drug Administration (FDA) to discuss the results of GOG-0265.

Submit a marketing authorization application to the EMA for approval of axalimogene filolisbac to treat patients with metastatic cervical cancer in the second half of 2017.

• Open approximately 150 clinical sites for the global, 450-patient Phase 3 AIM2CERV trial in patients with HRLACC, with a trial enrollment update to be issued at a medical meeting in the first half of 2017. There are 10 active trial sites in the United States as of this week.

Initiate a second global, registrational Phase 3 study in patients with metastatic cervical cancer in the second half of 2017.

• Present updated clinical data from the Phase 1/2 combination trial with AstraZeneca’s investigational anti-PD-L1 inhibitor, durvalumab, in patients with recurrent, persistent or metastatic cervical cancer or HPV+ squamous cell cancer of the head and neck (HNSCC) at a medical meeting in the second half of 2017.

• Present additional data from the Phase 2 BrUOG trial in high-risk, locally advanced anal cancer, conducted in collaboration with Brown University’s Oncology Research Group, at a medical meeting in the first half of 2017.

• Present additional data from the Phase 2 window of opportunity trial in HPV-positive head and neck cancers at a medical meeting in the first half of 2017.

• With full enrollment achieved in Stage 1 of the FAWCETT Phase 2 trial in patients with persistent or recurrent metastatic anal cancer, the company plans to present a preliminary trial update at a medical meeting in the second half of 2017.


ADXS-PSA

• Complete initial dosing of Part B of the Phase 1/2 trial evaluating ADXS-PSA in combination with KEYTRUDA® (pembrolizumab) in advanced, metastatic castration-resistant prostate cancer (mCRPC) and present preliminary data at a medical meeting in 2017.

• Initiate and complete enrollment of the expansion cohort by year-end 2017. Initiate and complete enrollment of the expansion cohort by year-end 2017.


ADXS-HER2

• Initiate a study in pediatric osteosarcoma in collaboration with the Children’s Oncology Group in 2017.


ADXS-NEO Collaboration with Amgen

• Submit an Investigational New Drug (IND) application to the FDA in early 2017.

Initiate the first-in-human ADXS-NEO clinical trial.

• Accelerate the discovery of personalized cancer immunotherapies derived from neoantigens as part of the TESLA (Tumor neoantigEn SeLection Alliance) with the Parker Institute for Cancer Immunotherapy and the Cancer Research Institute.


ADXS-HOT

• Prepare and file an IND with the FDA for ADXS-HOT constructs that target tumor driver genes, so-called hotspot mutations or public mutations, found in various cancer types in the second half of 2017.


Enhanced Manufacturing and Research Capabilities

• Increase capacity to include in-house clinical and commercial manufacturing capabilities, initially to manufacture clinical supplies for the ADXS-NEO program in 2017.

• Reduce lead times and improve overall supply chain by operationalizing several technology transfers with its partners and by installing new innovative technologies.


Corporate Development

• Pursue research, clinical and commercial partnerships to optimize the cancer immunotherapy portfolio, including to enable development of lead asset, axalimogene filolisbac, in combination with other novel cancer therapies and to support its registration and potential commercialization in the EU.

• Explore the application of detoxified Listeriolysin O (dtLLO) technology and optimize the research and development as an adjuvant molecule in the development of vaccines.

The rest of the PR details 2016 accomplishments.

Clearly, ADXS has a lot of irons in the fire for a company with an enterprise value of barely more than $200M (#msg-126977246).