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Monday, June 9, 2025

PolyPid Positive Topline Results from Phase 3

 

  • D-PLEX100 successfully met the primary efficacy endpoint, with statistically significant results (p<0.005) in 798 patients with large abdominal surgery incisions.
  • The trial successfully met all key secondary efficacy endpoints, including a 58% reduction in the rate of surgical site infections (“SSI”) in patients treated with D-PLEX100 arm versus standard of care (“SoC”) arm (p<0.005).
  • The Company expects to submit a New Drug Application (“NDA”) to the U.S. Food and Drug Administration (“FDA”) in early 2026, with a Marketing Authorization Application (“MAA”) in the E.U. to follow shortly thereafter.
  • PolyPid will conduct a conference call and webcast at 8:30 A.M. ET today.

Conference Call Dial-In & Webcast Information:

Date: Monday, June 9, 2025
Time:8:30 A.M. Eastern Time
Conference Call:https://register-conf.media-server.com/register/BIb5bb85aa1ffc4940b78f7191b278ca77
Webcast:https://edge.media-server.com/mmc/p/k6n5hrft

A replay of the presentation will be available on the Company’s Investor Relations Events and Presentations webpage following the event.

https://finviz.com/news/76248/polypid-announces-positive-topline-results-from-phase-3-shield-ii-trial-d-plex-demonstrated-significant-reduction-in-surgical-site-infections-and-successfully-met-primary-and-all-key-secondary-endpoints

IMAB at Jefferies

 On Thursday, 05 June 2025, IMAB (NASDAQ:IMAB) presented at the Jefferies Global Healthcare Conference 2025, revealing strategic insights into its clinical pipeline. The company highlighted both promising advancements and ongoing challenges, notably in its Claudin 18.2 bispecific antibody, Giva (FT825), aimed at addressing unmet needs in gastric cancer treatment.

Key Takeaways

  • IMAB is financially robust with $168.8 million to support clinical developments.
  • Giva (FT825) shows promise in frontline gastric cancer therapy, with an upcoming data release at ESMO GI on July 2nd.
  • The company plans further data releases for Raji and Yuli in late 2025 and early 2026.
  • IMAB’s team highlighted Giva’s unique features, including high binding affinity and reduced toxicity.

Financial Results

  • IMAB holds $168.8 million, ensuring funding through key clinical readouts.
  • The Claudin 18.2 positive gastric cancer market is valued at $12 billion, a target for Giva’s application.

Operational Updates

  • IMAB employs 25 staff, focusing on clinical efficiency within the US.
  • Giva’s dose expansion is progressing rapidly, with data to be presented at ESMO GI.
  • Raji’s Phase I study aims to optimize dosing to minimize liver toxicity.
  • Yuli’s Phase 2 study in lung cancer is underway, with results expected soon.

Synaptogenix Appoints Crypto Expert to Lead Digital Asset Treasury Strategy

 Singular focus on Bittensor (TAO), the leading AI token by


adoption and market capitalization

James Altucher to lead TAO token strategy initiatives

Planned initial acquisition of $10 million in TAO equates to over two times the Company's 

current market capitalization; total acquisition target of $100 million

https://finviz.com/news/76335/synaptogenix-appoints-crypto-expert-to-lead-digital-asset-treasury-strategy-focused-exclusively-on-top-valued-ai-token

Greg Kidd to Acquire Controlling Interest in Know Labs and Introduce Bitcoin Treasury Strategy

 Know Labs, Inc. (NYSE American: KNW ("Know Labs" or the "Company"), a technology innovator specializing in non-invasive health monitoring solutions, today announced that it has entered into an agreement with Goldeneye 1995 LLC ("Buyer"), an affiliate of fintech investor, entrepreneur, and former Ripple Chief Risk Officer, Greg Kidd, to acquire a controlling interest in the Company. Upon the closing of the transaction, Mr. Kidd will become Chief Executive Officer and Chairman of the Board of Directors of the Company.

Under the terms of the agreement, the Buyer will acquire that number of shares of the Company’s common stock obtained by dividing (i) the sum of 1,000 Bitcoin and a cash sum to retire existing debt, redeem outstanding preferred equity and provide additional working capital, by (ii) the per share purchase price of $0.335. The Bitcoin will be employed by the Company’s treasury strategy, providing investors with significant economic exposure to this highly attractive digital asset.

https://finance.yahoo.com/news/greg-kidd-acquire-controlling-interest-130000334.html

'KLOTHO NEUROSCIENCE TO up LONGEVITY, HEALTHY LIFE SPAN, REPLACE SILENCED GENE'

Klotho Neurosciences (NASDAQ: KLTO) has announced breakthrough findings in longevity research centered on the Klotho gene. The company has secured exclusive worldwide licenses for s-KL protein technology, building on Professor Makoto Kuro-O's 1997 discovery linking Klotho blood levels to mammalian lifespan. Recent studies published in Molecular Therapy demonstrated that genetic overexpression of Klotho increased mouse lifespan by 30-40%, while the secreted form (s-KL) showed a 20% lifespan increase. The research revealed s-KL's potential in addressing age-related conditions including cognitive decline, neuroinflammation, sarcopenia, and osteoporosis. KLTO plans to develop s-KL treatments focusing on neurodegenerative diseases like ALS, Alzheimer's, and Parkinson's, supported by patents in the USA, Europe, and China.

Merck's leader in oral PCSK9 inhibitor race reduces cholesterol in pair of phase 3 trials

 Merck & Co.’s ambition to get the first oral PCSK9 inhibitor to market came one step closer this morning as the pharma unveiled a pair of phase 3 wins for enlicitide decanoate in patients with high cholesterol.

Merck evaluated the candidate in two studies, including the CORALreef HeFH trial of patients with heterozygous familial hypercholesterolemia who had suffered from, or had a risk of, atherosclerotic cardiovascular disease and were being treated with a statin. The trial hit its primary endpoint of showing a clinically meaningful reduction in baseline levels of low-density lipoprotein cholesterol (LDL-C) at Week 24 compared to placebo, Merck explained in a June 9 release.

When it came to the CORALreef AddOn study of hypercholesterolemia patients, the study also hit its key endpoint of showing a reduction in LDL-C at Week 8 compared to the approved non-statin cholesterol medicines ezetimibe or bempedoic acid.

Merck didn’t divulge any detailed data behind the wins, only noting that there were “no clinically meaningful differences in incidences of adverse events” in either trial. The two studies form part of the company’s wider CORALreef development program, which spans 17,000 patients in total and also includes the ongoing CORALreef Lipids and CORALreef Outcomes phase 3 trials.

The hypercholesterolemia market is currently dominated by injectable PCSK9 inhibitors in the form of Amgen’s Repatha and Sanofi-Regeneron’s Praluent. Meanwhile, Novartis’ Leqvio uses small-interfering RNA technology to decrease PCSK9 production in the liver.

Enlicitide uses the same mechanism as approved monoclonal antibody injectable PCSK9 inhibitors but would give patients an oral alternative, potentially making it more attractive in terms of administration. 

Today’s double win keeps Merck ahead of its rival AstraZeneca when it comes to getting the first oral PCSK9 inhibitor to regulators. The British-based pharma’s option is AZD0780, which was shown to halve cholesterol in a phase 2 dyslipidemia study in March.

“We are thrilled to bring forward the first phase 3 results from our clinical development program evaluating enlicitide, which, if approved, would be the first marketed oral PCSK9 inhibitor in the U.S.,” Dean Li, M.D., Ph.D., president of Merck Research Laboratories, said in the release.

“Enlicitide is a novel macrocyclic peptide that has the potential to deliver antibody-like efficacy and specificity for the validated PCSK9 mechanism in the form of a daily oral pill,” Li added. “We are working with urgency to make this oral therapy available to patients worldwide.”

Citi analysts described this morning’s data as “encouraging” ahead of an anticipated approval in 2027.

“We believe enlicitide could be a key player in the hyperlipidemia space, where an oral administration along with a positive efficacy and safety profile could be differentiating,” the analysts wrote in a June 9 note.

https://www.fiercebiotech.com/biotech/mercks-leader-oral-pcsk9-inhibitor-race-reduces-cholesterol-pair-phase-3-trials

Oncology precision medicine platform Caris Life Sciences sets terms for $400 million IPO

 Caris Life Sciences, which offers an AI-powered precision medicine platform focused on oncology, announced terms for its IPO on Monday.


The Irving, TX-based company plans to raise $400 million by offering 23.5 million shares at a price range of $16 to $18. Certain investors intend to purchase $75 million worth of shares in the offering (19% of the deal). At the midpoint of the proposed range, Caris Life Sciences would command a fully diluted market value of $5.2 billion.

The company is developing and commercializing a platform meant to incorporate next-generation sequencing, artificial intelligence, and machine learning technologies to develop precision medicine diagnostic solutions meant to treat cancer. Caris Life Sciences states that its platform is based off of a data set with more than 6.5 million tests, run on over 849,000 cases, and has generated measurements of over 38 billion molecular markers. Its current commercial product portfolio is focused on oncology and consists of MI Profile, a tissue-based molecular profiling solution that has generated the majority of its revenue to date, and Caris Assure, a blood-based molecular profiling solution that was broadly launched in the first quarter of 2024 for therapy selection.

Caris Life Sciences was founded in 2008 and booked $452 million in revenue for the 12 months ended March 31, 2025. It plans to list on the Nasdaq under the symbol CAI. BofA Securities, J.P. Morgan, Goldman Sachs, Citi, TD Cowen, Evercore ISI, and Guggenheim Securities are the joint bookrunners on the deal. It is expected to price during the week of June 16, 2025.