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Friday, October 4, 2019

Spectrum Pharma announces publication of positive poziotinib data in cancer cell

Spectrum Pharmaceuticals (NASDAQ:SPPI) announces a publication entitled, “Pan-Cancer Landscape and Functional Analysis of ERBB2 Mutations Identifies Poziotinib as a Clinically Active Inhibitor and Enhancer of T-DM1 Activity.”
In Company’s pre-clinical study of 11 EGFR/HER2 tyrosine kinase inhibitors, poziotinib was the most potent HER2 mutant-selective TKI tested, and was found to be highly active in NSCLC patients with HER2 exon 20 mutations.
Poziotinib is found to be synergistic with a HER2-targeting antibody-drug conjugate, providing a rationale for combinations to move forward into the clinic.
The Company plans to disclose topline data from the first cohort of ZENITH20 study in current quarter. Topline data from cohort 2 is expected by mid-2020.
Spectrum received exclusive license from Hanmi Pharmaceuticals to develop and commercialize poziotinib worldwide, excluding Korea and China.
Shares are up 2% premarket.
https://seekingalpha.com/news/3503957-spectrum-pharma-announces-publication-positive-poziotinib-data-cancer-cell

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