LCAR-B38M CAR-T ther­apy (JNJ-68284528) to be devel­oped as part of stra­te­gic part­ner­ship be­tween Legend and Janssen

Piscataway, NJ (Press Release) – Legend Bio­tech, a sub­sid­i­ary of GenScript Bio­tech Corpo­ra­tion (HKEx: 1548), an­nounced to­day that the U.S. Food and Drug Admin­istra­tion (FDA) has authorized its devel­op­ment part­ner, Janssen Bio­tech, Inc. ("Janssen"), to com­mence a Phase 1b/2 clin­i­cal trial in patients with re­lapsed or re­frac­tory mul­ti­ple myeloma (MM) to eval­u­ate the safety and ef­fi­cacy of LCAR-B38M (JNJ-68284528), a Chimeric Antigen Receptor T cell (CAR-T) ther­apy. Scheduled to begin en­roll­ment in the sec­ond half of 2018, the Phase 1b/2 study (68284528MMY2001) is part of a col­lab­o­ration be­tween Legend Bio­tech and Janssen that …

San Diego, CA (Press Release) – Sorrento Therapeutics, Inc. (NASDAQ:SRNE) and Celularity Inc announced today that the com­pa­nies have started screen­ing patients for its leading CD38 chi­meric an­ti­gen re­cep­tor (CAR) T cell ther­apy drug devel­op­ment pro­gram, fol­low­ing FDA review allowing clin­i­cal trial initiation.

The com­pa­nies’ CD38 CAR-T pro­gram is their most ad­vanced pro­gram targeting this dif­fi­cult-to-treat con­di­tion. This trial is cur­rently the only active US-based clin­i­cal trial targeting CD38 using a CAR-T cell ther­apy.

The first inves­ti­ga­tional site at Roger Williams Medical Center, RI, is actively engaged in the clin­i­cal study execution, with …

• bluebird and Celgene will share 50% of U.S. costs and profits
• bluebird to re­ceive mile­stones and royalties on ex-U.S. sales

Cambridge, MA and Summit, NJ (Press Release) – bluebird bio, Inc. (Nasdaq: BLUE) and Celgene Corpo­ra­tion (Nasdaq: CELG) to­day an­nounced that the com­pa­nies have entered into an agree­ment to co-develop and co-promote bb2121, an inves­ti­ga­tional anti-B-cell maturation an­ti­gen (BCMA) chi­meric an­ti­gen re­cep­tor (CAR) T cell ther­apy for the poten­tial treat­ment of patients with re­lapsed/refractory mul­ti­ple myeloma in the United States.

“Entering into this co-development and co-promotion part­ner­ship with Celgene is a sig­nif­i­cant step for­ward in build­ing a fully integrated on­col­ogy fran­chise for bluebird and to­geth­er, …

• Acquisition Will Add Novel Scientific Platform and Manufacturing Expertise to Celgene’s Research and Operational Capabilities
• JCAR017 is Expected to be a Significant Growth Driver Beyond 2020 with Potential Global Peak Sales of Approximately $3B
• Reaffirming 2020 Financial Targets of $19B-$20B in Total Net Product Sales and Adjusted EPS Greater Than $12.50

Summit, NJ and Seattle, WA (Press Release) – Celgene Corpo­ra­tion (NASDAQ:CELG) and Juno Thera­peutics, Inc. (NASDAQ:JUNO) today announced the signing of a definitive merger agree­ment in which Celgene has agreed to acquire Juno. Under the terms of the merger agree­ment, Celgene will pay $87 per share in cash, or a total of approx­i­mately $9 billion, net of cash and mar­ketable se­cu­ri­ties acquired and Juno shares already owned by Celgene (approximately 9.7% of outstanding shares). The trans­action was approved by the …

• Legend to re­ceive an up­front pay­ment of $350 mil­lion, as well as addi­tional devel­op­ment, pro­duc­tion per­for­mance, regu­la­tory and sales mile­stone pay­ments
• Legend and Janssen to co-develop and co-promote CAR T-cell ther­apy for mul­ti­ple myeloma
• Profits and costs to be shared 50/50 world­wide, ex­clu­sive Greater China where 70 per­cent to Legend and 30 per­cent to Janssen

Nanjing, China (Press Release) – Legend Biotech, a sub­sid­i­ary of GenScript Biotech Corpo­ra­tion (HKEx: 1548) that de­vel­ops inno­va­tive CAR T-cell immuno­therapy targeting mul­ti­ple myeloma, an­nounced to­day it has executed a stra­te­gic col­lab­o­ration agree­ment to jointly de­vel­op and com­mer­cial­ize the LCAR-B38M based prod­ucts with Janssen Biotech, Inc. ("Janssen").

According to the terms of the agree­ments, the com­pa­nies have agreed to jointly share the devel­op­ment, pro­duc­tion and com­mer­cial­iza­tion ac­­tiv­i­ties, with a 50/50 profit-loss sharing agree­ment for the world-wide mar­ket …

CAR-T BCMA in De­vel­op­ment for Patients with Multiple Myeloma

Horsham, PA (Press Release) – Janssen Bio­tech, Inc. (“Janssen”), a Janssen Pharma­ceu­tical Com­pany of John­son & John­son, an­nounced to­day that it has entered into a world­wide col­lab­o­ration and license agree­ment with Legend Bio­tech USA Inc. and Legend Bio­tech Ireland Limited (“Legend”), sub­sid­i­aries of Genscript Bio­tech Corpo­ra­tion, to de­vel­op, manu­fac­ture and com­mer­cial­ize a chi­meric an­ti­gen re­cep­tor (CAR) T-cell drug can­di­date, LCAR-B38M, which spe­cif­i­cally targets the B-cell maturation an­ti­gen (BCMA). LCAR-B38M is cur­rently ac­cepted for re­view by the China Food and Drug Admin­istra­tion (CFDA) and in the planning phase of clin­i­cal stud­ies in the United …

Seattle, WA (Press Release) – Juno Thera­peutics, Inc. (NASDAQ: JUNO), a bio­pharma­ceu­tical com­pany devel­op­ing inno­va­tive cellular immuno­therapies for the treat­ment of cancer, today announced three license agree­ments to ad­vance its pro­gram in multiple myeloma using gamma secretase inhibitors (GSIs) in com­bi­na­tion with BCMA-directed CAR T cells.

Gamma secretase is an enzyme that cleaves a set of transmembrane proteins, in­clud­ing BCMA. Multiple publications have shown that treat­ment with GSIs can in­crease surface ex­pres­sion of BCMA on tumors, particularly multiple myeloma. Increased cell surface BCMA may in­crease potency of a BCMA-directed CAR T ther­apy¹.

“BCMA …