Increase in Price & Margin Improvement

Total Page:16

File Type:pdf, Size:1020Kb

Increase in Price & Margin Improvement 26 Aug 2020 CMB International Securities | Equity Research | Coverage Initiation I -Mab BioPharma (IMAB US) BUY (Initiation) Innovation for biologics Target Price US$41.30 Up/Downside +36.29% Current Price US$30.30 I-Mab is well-positioned to become a biotech leader in China leveraging its innovative discovery expertise, fit-for-purpose technology platforms, biomarker-enabled translational medicine capabilities, and clinical China Healthcare Sector development capabilities. To date, I-Mab has developed an innovative pipeline of more than 10 clinical and pre-clinical stage assets through its Jill Wu, CFA internal R&D and in-licensing efforts. (852) 3900 0842 [email protected] Fully-integrated capabilities in R&D, business development, production and commercialization. I-Mab’s R&D capabilities encompass discovery, Sam Hu, PhD (852) 3900 0882 biologics CMC development, pre-clinical development and clinical [email protected] development with footprints in Shanghai, Beijing and the US. Meanwhile, leveraging its strong business development capabilities, I-Mab has completed several successful in-licensing and out-licensing deals. As for manufacturing, Mkt. Cap. (US$ mn) 1,752 I-Mab is currently using CDMOs and is establishing its own manufacturing Avg. 3mths t/o (US$ mn) 2.04 facility for the long term purpose. 52W High/Low (US$) 35.0/9.3 Total Issued Shares (mn) 58 Risk-balanced fast-to-market China strategy & fast-to-PoC global Source: Bloomberg strategy. I-Mab has built a risk-balanced pipeline portfolio on two pillars: 1) a Shareholding Structure fast-to-market China strategy, focusing on seeking opportunities to in-license Founders 3% the development and commercialization rights of investigational drugs from Pre-IPO investors 68% global biopharmaceutical companies, and 2) a fast-to-PoC (proof of concept) Other public shareholders 29% Source: Bloomberg global strategy, focusing on advancing its own novel or differentiated biologics towards clinical validation in the US. Share performance Absolute Relative Novel & highly differentiated biologics portfolio. TJ202, a highly 1-mth 7.3% -2.3% differentiated anti-CD38 antibody for MM, is undergoing two registrational 3-mth 42.3% 16.6% trials, including a third-line monotherapy trial and a second-line combination 6-mth 152.3% 104.4% Source: Bloomberg therapy trial, in MM in Taiwan and mainland China. For TJ101, a long-acting growth hormone, NMPA has accepted the IND application for a pivotal phase 12-mth price performance 3 trial in PGHD in Aug 2020. As for the global portfolio, TJM2, TJC4 and TJD5 (US$) imab US CCMP (rebased) are undergoing Phase 1 or Phase 2 clinical trials in the US. 35 30 Drug sales to start from 2021E. We forecast drug sales to start from 2021E 25 20 assuming TJM2 to receive US FDA’s approval for treatment of severe COVID- 15 19. We expect TJ202 to start commercialization in 2022E, TJ101 and TJC4 to 10 be launched in 2024E, and TJD5 to come to the market in 2025E. To factor in 5 0 the risk in drug development, we apply different probability of success (PoS) Jan-20 Apr-20 Jul-20 to our sales forecasts. We expect risk-adjusted revenue of RMB1,553mn/ Source: Bloomberg RMB806mn in FY2021E/22E. We forecast net losses of RMB1,092mn/ RMB634mn / RMB1,076mn in FY20E/21E/22E. Auditor: PWC Web-site: www.i-mabbiopharma.com Initiate at BUY. We use DCF method to value the Company and we derive TP of US$41.30 based on 15-year risk-adjusted DCF model (WACC: 10.60%, terminal growth rate: 3.0%). Risks: Delay in R&D process; Competition from peers. Earnings Summary (YE 31 Dec) FY18A FY19A FY20E FY21E FY22E Revenue (RMB mn) 54 30 0 1,533 806 YoY growth (%) 365 (44) (100) N/A (47) Net loss (RMB mn) (403) (1,452) (1,092) (634) (1,076) EPS (RMB per ADS) N/A N/A (18.88) (10.97) (18.60) R&D expenses (RMB mn) (426) (840) (900) (1,000) (1,000) Capex (RMB mn) (14) (12) (100) (100) (100) Source: Company data, CMBIS estimates PLEASE READ THE ANALYST CERTIFICATION AND IMPORTANT DISCLOSURES ON LAST PAGE 1 MORE REPORTS FROM BLOOMBERG: CMBR OR http://www.cmbi.com.hk 26 Aug 2020 Contents Investment Thesis .................................................................................... 4 Fully-integrated capabilities in R&D, production and commercialization ........... 4 Risk-balanced fast-to-market China strategy & fast-to-PoC global strategy ...... 4 Novel & highly differentiated biologics portfolio ................................................... 4 Drug sales to start from 2021E ................................................................................ 5 Initiate at BUY ............................................................................................................ 5 Investment risks ........................................................................................................ 5 I-Mab to fast develop its novel & highly differentiated biologics ........ 6 Risk-balanced fast-to-market China strategy & fast-to-PoC global strategy ...... 6 Fully-integrated capabilities in R&D, production and commercialization ........... 8 Supported by top-tier investors .............................................................................10 Tap the large immuno-oncology and autoimmune biologics market ................11 I-Mab’s China Portfolio .......................................................................... 13 TJ202 (MOR202), a CD38 antibody ....................................................... 13 TJ202 has superior safety and potent efficacy ....................................................13 Early clinical results demonstrated potent efficacy and good safety ...............14 Large potential in CD38 antibody market .............................................................18 Systemic Lupus Erythematosus is another potential indication .......................21 Expect RMB1.4bn risk-adjusted peak sales from TJ202 by 2035E ....................22 TJ101 (eftansomatropin), a long-acting growth hormone .................. 24 TJ101 is a potential highly differentiated long-acting growth hormone ............24 Large unmet need in PGHD market .......................................................................24 TJ101 showed comparable efficacy and satisfying safety .................................26 Expect RMB1.8bn risk-adjusted peak sales from TJ101 by 2035E ....................29 Enoblituzumab, a B7-H3 antibody ........................................................ 30 The most advanced clinical stage humanized B7-H3 antibody ..........................30 Early clinical results supports potential in combo regimens .............................31 SCCHN has large market potential for immunotherapies ...................................33 TJ301 (olamkicept), an IL-6 blocker ..................................................... 36 TJ301 is a potential highly differentiated IL-6 Blocker ........................................36 Preliminary clinical data showed favorable safety profile and encouraging efficacy ...................................................................................................................................36 Ulcerative Colitis has substantial unmet clinical need .......................................38 TJ107 (Efineptakin), a long-acting rhIL-7 ............................................. 41 TJ107 is a potential lymphocyte-booster for cancer related lymphopenia and immunotherapy ........................................................................................................41 PLEASE READ THE ANALYST CERTIFICATION AND IMPORTANT DISCLOSURES ON LAST PAGE 2 26 Aug 2020 Preliminary clinical results proved sustainable T cell stimulation ....................42 Cancer treatment-related lymphopenia occurs in many cancer patients .........43 I-Mab’s Global Portfolio ......................................................................... 45 TJC4, a highly differentiated CD47 antibody ....................................... 45 TJC4 has potential of minimizing hematologic side effects ...............................45 CD47-targeting therapies showed potent efficacy but with hematological toxicities ...................................................................................................................................46 TJC4’s preclinical results showed superior safety profile ..................................49 Expect RMB2.9bn risk-adjusted peak sales from TJC4 by 2035E ......................52 TJD5, a CD73 antibody .......................................................................... 55 A potential highly differentiated CD73 antibody for cancer treatment ..............55 TJD5 proved to have no “hook effect” ..................................................................56 Expect RMB1.5bn risk-adjusted peak sales from TJD5 by 2035E ......................58 TJM2, a GM-CSF antibody ..................................................................... 60 TJM2 is a potential therapy for COVID-19 and auto-immune diseases .............60 Early clinical studies showed good tolerability of TJM2 .....................................63 Expect RMB2.7bn risk-adjusted peak sales from TJM2 by 2035E .....................64 Preclinical assets ................................................................................... 66 Preclinical monoclonal antibodies ........................................................................66 Preclinical bi-specific antibody panel ...................................................................66 Financial Analysis .................................................................................
Recommended publications
  • Predictive QSAR Tools to Aid in Early Process Development of Monoclonal Antibodies
    Predictive QSAR tools to aid in early process development of monoclonal antibodies John Micael Andreas Karlberg Published work submitted to Newcastle University for the degree of Doctor of Philosophy in the School of Engineering November 2019 Abstract Monoclonal antibodies (mAbs) have become one of the fastest growing markets for diagnostic and therapeutic treatments over the last 30 years with a global sales revenue around $89 billion reported in 2017. A popular framework widely used in pharmaceutical industries for designing manufacturing processes for mAbs is Quality by Design (QbD) due to providing a structured and systematic approach in investigation and screening process parameters that might influence the product quality. However, due to the large number of product quality attributes (CQAs) and process parameters that exist in an mAb process platform, extensive investigation is needed to characterise their impact on the product quality which makes the process development costly and time consuming. There is thus an urgent need for methods and tools that can be used for early risk-based selection of critical product properties and process factors to reduce the number of potential factors that have to be investigated, thereby aiding in speeding up the process development and reduce costs. In this study, a framework for predictive model development based on Quantitative Structure- Activity Relationship (QSAR) modelling was developed to link structural features and properties of mAbs to Hydrophobic Interaction Chromatography (HIC) retention times and expressed mAb yield from HEK cells. Model development was based on a structured approach for incremental model refinement and evaluation that aided in increasing model performance until becoming acceptable in accordance to the OECD guidelines for QSAR models.
    [Show full text]
  • Perioperative Systemic Treatment for Muscle-Invasive Bladder Cancer: Current Evidence and Future Perspectives
    International Journal of Molecular Sciences Review Perioperative Systemic Treatment for Muscle-Invasive Bladder Cancer: Current Evidence and Future Perspectives In-Ho Kim 1 and Hyo-Jin Lee 2,* 1 Department of Internal Medicine, Division of Medical Oncology, Seoul St. Mary’s Hospital, The Catholic University of Korea College of Medicine, Seoul 06591, Korea; [email protected] 2 Department of Internal Medicine, Chungnam National University School of Medicine, Daejeon 35015, Korea * Correspondence: [email protected]; Tel.: +82-42-280-8369; Fax: +82-42-257-5753 Abstract: Radical cystectomy is the primary treatment for muscle-invasive bladder cancer; however, approximately 50% of patients develop metastatic disease within 2 years of diagnosis, which re- sults in dismal prognosis. Therefore, systemic treatment is important to improve the prognosis of muscle-invasive bladder cancer. Currently, several guidelines recommend cisplatin-based neoad- juvant chemotherapy before radical cystectomy, and adjuvant chemotherapy is recommended in patients who have not received neoadjuvant chemotherapy. Immune checkpoint inhibitors have recently become the standard treatment option for metastatic urothelial carcinoma. Owing to their clinical benefits, several immune checkpoint inhibitors, with or without other agents (including other immunotherapy, cytotoxic chemotherapy, and emerging agents such as antibody drug conjugates), are being extensively investigated in perioperative settings. Several studies for perioperative im- munotherapy have shown that immune checkpoint inhibitors have promising efficacy with relatively low toxicity, and have explored the predictive molecular biomarkers. Herein, we review the current evidence and discuss the future perspectives of perioperative systemic treatment for muscle-invasive Citation: Kim, I.-H.; Lee, H.-J. bladder cancer. Perioperative Systemic Treatment for Muscle-Invasive Bladder Cancer: Keywords: bladder cancer; immunotherapy; perioperative systemic treatment Current Evidence and Future Perspectives.
    [Show full text]
  • PD-1 / PD-L1 Combination Therapies
    PD-1 / PD-L1 Combination Therapies Jacob Plieth & Edwin Elmhirst – May 2017 Foreword Sprinkling the immuno-oncology dust When in November 2015 EP Vantage published its first immuno- oncology analysis we identified 215 studies of anti-PD-1/PD-L1 projects combined with other approaches, and called this an important industry theme. It is a measure of how central combos have become that today, barely 18 months on, that total has been blown out of the water. No fewer than 765 studies involving combinations of PD-1 or PD-L1 assets are now listed on the Clinicaltrials.gov registry. This dazzling array owes much to the transformational nature of the data seen with the first wave of anti-PD-1/PD-L1 MAbs. It also indicates how central combinations will be in extending immuno-oncology beyond just a handful of cancers, and beyond certain patient subgroups. But the combo effort is as much about extending the reach of currently available drugs like Keytruda, Opdivo and Tecentriq as it is about making novel approaches viable by combining them with PD-1/PD-L1. On a standalone basis several of the industry’s novel oncology projects have underwhelmed. As data are generated it will therefore be vital for investors to tease out the effect of combinations beyond that of monotherapy, and it is doubtful whether the sprinkling of magic immuno-oncology dust will come to the rescue of substandard products. This is not stopping many companies, as the hundreds of combination studies identified here show. This report aims to quantify how many trials are ongoing with which assets and in which cancer indications, as well as suggesting reasons why some of the most popular approaches are being pursued.
    [Show full text]
  • 2017 Immuno-Oncology Medicines in Development
    2017 Immuno-Oncology Medicines in Development Adoptive Cell Therapies Drug Name Organization Indication Development Phase ACTR087 + rituximab Unum Therapeutics B-cell lymphoma Phase I (antibody-coupled T-cell receptor Cambridge, MA www.unumrx.com immunotherapy + rituximab) AFP TCR Adaptimmune liver Phase I (T-cell receptor cell therapy) Philadelphia, PA www.adaptimmune.com anti-BCMA CAR-T cell therapy Juno Therapeutics multiple myeloma Phase I Seattle, WA www.junotherapeutics.com Memorial Sloan Kettering New York, NY anti-CD19 "armored" CAR-T Juno Therapeutics recurrent/relapsed chronic Phase I cell therapy Seattle, WA lymphocytic leukemia (CLL) www.junotherapeutics.com Memorial Sloan Kettering New York, NY anti-CD19 CAR-T cell therapy Intrexon B-cell malignancies Phase I Germantown, MD www.dna.com ZIOPHARM Oncology www.ziopharm.com Boston, MA anti-CD19 CAR-T cell therapy Kite Pharma hematological malignancies Phase I (second generation) Santa Monica, CA www.kitepharma.com National Cancer Institute Bethesda, MD Medicines in Development: Immuno-Oncology 1 Adoptive Cell Therapies Drug Name Organization Indication Development Phase anti-CEA CAR-T therapy Sorrento Therapeutics liver metastases Phase I San Diego, CA www.sorrentotherapeutics.com TNK Therapeutics San Diego, CA anti-PSMA CAR-T cell therapy TNK Therapeutics cancer Phase I San Diego, CA www.sorrentotherapeutics.com Sorrento Therapeutics San Diego, CA ATA520 Atara Biotherapeutics multiple myeloma, Phase I (WT1-specific T lymphocyte South San Francisco, CA plasma cell leukemia www.atarabio.com
    [Show full text]
  • The Two Tontti Tudiul Lui Hi Ha Unit
    THETWO TONTTI USTUDIUL 20170267753A1 LUI HI HA UNIT ( 19) United States (12 ) Patent Application Publication (10 ) Pub. No. : US 2017 /0267753 A1 Ehrenpreis (43 ) Pub . Date : Sep . 21 , 2017 ( 54 ) COMBINATION THERAPY FOR (52 ) U .S . CI. CO - ADMINISTRATION OF MONOCLONAL CPC .. .. CO7K 16 / 241 ( 2013 .01 ) ; A61K 39 / 3955 ANTIBODIES ( 2013 .01 ) ; A61K 31 /4706 ( 2013 .01 ) ; A61K 31 / 165 ( 2013 .01 ) ; CO7K 2317 /21 (2013 . 01 ) ; (71 ) Applicant: Eli D Ehrenpreis , Skokie , IL (US ) CO7K 2317/ 24 ( 2013. 01 ) ; A61K 2039/ 505 ( 2013 .01 ) (72 ) Inventor : Eli D Ehrenpreis, Skokie , IL (US ) (57 ) ABSTRACT Disclosed are methods for enhancing the efficacy of mono (21 ) Appl. No. : 15 /605 ,212 clonal antibody therapy , which entails co - administering a therapeutic monoclonal antibody , or a functional fragment (22 ) Filed : May 25 , 2017 thereof, and an effective amount of colchicine or hydroxy chloroquine , or a combination thereof, to a patient in need Related U . S . Application Data thereof . Also disclosed are methods of prolonging or increasing the time a monoclonal antibody remains in the (63 ) Continuation - in - part of application No . 14 / 947 , 193 , circulation of a patient, which entails co - administering a filed on Nov. 20 , 2015 . therapeutic monoclonal antibody , or a functional fragment ( 60 ) Provisional application No . 62/ 082, 682 , filed on Nov . of the monoclonal antibody , and an effective amount of 21 , 2014 . colchicine or hydroxychloroquine , or a combination thereof, to a patient in need thereof, wherein the time themonoclonal antibody remains in the circulation ( e . g . , blood serum ) of the Publication Classification patient is increased relative to the same regimen of admin (51 ) Int .
    [Show full text]
  • Antibodies to Watch in 2021 Hélène Kaplona and Janice M
    MABS 2021, VOL. 13, NO. 1, e1860476 (34 pages) https://doi.org/10.1080/19420862.2020.1860476 PERSPECTIVE Antibodies to watch in 2021 Hélène Kaplona and Janice M. Reichert b aInstitut De Recherches Internationales Servier, Translational Medicine Department, Suresnes, France; bThe Antibody Society, Inc., Framingham, MA, USA ABSTRACT ARTICLE HISTORY In this 12th annual installment of the Antibodies to Watch article series, we discuss key events in antibody Received 1 December 2020 therapeutics development that occurred in 2020 and forecast events that might occur in 2021. The Accepted 1 December 2020 coronavirus disease 2019 (COVID-19) pandemic posed an array of challenges and opportunities to the KEYWORDS healthcare system in 2020, and it will continue to do so in 2021. Remarkably, by late November 2020, two Antibody therapeutics; anti-SARS-CoV antibody products, bamlanivimab and the casirivimab and imdevimab cocktail, were cancer; COVID-19; Food and authorized for emergency use by the US Food and Drug Administration (FDA) and the repurposed Drug Administration; antibodies levilimab and itolizumab had been registered for emergency use as treatments for COVID-19 European Medicines Agency; in Russia and India, respectively. Despite the pandemic, 10 antibody therapeutics had been granted the immune-mediated disorders; first approval in the US or EU in 2020, as of November, and 2 more (tanezumab and margetuximab) may Sars-CoV-2 be granted approvals in December 2020.* In addition, prolgolimab and olokizumab had been granted first approvals in Russia and cetuximab saratolacan sodium was first approved in Japan. The number of approvals in 2021 may set a record, as marketing applications for 16 investigational antibody therapeutics are already undergoing regulatory review by either the FDA or the European Medicines Agency.
    [Show full text]
  • (12) Patent Application Publication (10) Pub. No.: US 2017/0172932 A1 Peyman (43) Pub
    US 20170172932A1 (19) United States (12) Patent Application Publication (10) Pub. No.: US 2017/0172932 A1 Peyman (43) Pub. Date: Jun. 22, 2017 (54) EARLY CANCER DETECTION AND A 6LX 39/395 (2006.01) ENHANCED IMMUNOTHERAPY A61R 4I/00 (2006.01) (52) U.S. Cl. (71) Applicant: Gholam A. Peyman, Sun City, AZ CPC .......... A61K 9/50 (2013.01); A61K 39/39558 (US) (2013.01); A61K 4I/0052 (2013.01); A61 K 48/00 (2013.01); A61K 35/17 (2013.01); A61 K (72) Inventor: sham A. Peyman, Sun City, AZ 35/15 (2013.01); A61K 2035/124 (2013.01) (21) Appl. No.: 15/143,981 (57) ABSTRACT (22) Filed: May 2, 2016 A method of therapy for a tumor or other pathology by administering a combination of thermotherapy and immu Related U.S. Application Data notherapy optionally combined with gene delivery. The combination therapy beneficially treats the tumor and pre (63) Continuation-in-part of application No. 14/976,321, vents tumor recurrence, either locally or at a different site, by filed on Dec. 21, 2015. boosting the patient’s immune response both at the time or original therapy and/or for later therapy. With respect to Publication Classification gene delivery, the inventive method may be used in cancer (51) Int. Cl. therapy, but is not limited to such use; it will be appreciated A 6LX 9/50 (2006.01) that the inventive method may be used for gene delivery in A6 IK 35/5 (2006.01) general. The controlled and precise application of thermal A6 IK 4.8/00 (2006.01) energy enhances gene transfer to any cell, whether the cell A 6LX 35/7 (2006.01) is a neoplastic cell, a pre-neoplastic cell, or a normal cell.
    [Show full text]
  • Flotetuzumab: CD123 × CD3 DART Molecule
    ® Breakthrough Biologics, Life-changing Medicines Corporate Update January 6, 2019 Legal Notices The information in this slide deck is current as of January 6, 2019, unless otherwise noted. The information in this slide deck is qualified in its entirety by reference to MacroGenics’ Annual, Quarterly and Current Reports filed with the SEC. MacroGenics undertakes no obligation to update any of the information herein. Cautionary Note on Forward-Looking Statements Any statements in these materials about future expectations, plans and prospects for MacroGenics (“Company”), including statements about the Company’s strategy, future operations, clinical development of the Company’s therapeutic candidates, milestone or opt-in payments from the Company’s collaborators, the Company’s anticipated milestones and future expectations and plans and prospects for the Company and other statements containing the words “subject to”, "believe", “anticipate”, “plan”, “expect”, “intend”, “estimate”, “project”, “may”, “will”, “should”, “would”, “could”, “can”, the negatives thereof, variations thereon and similar expressions, or by discussions of strategy constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and enrollment of future clinical trials, expectations of expanding ongoing clinical trials, availability and timing of data from ongoing clinical trials, expectations for regulatory approvals, other matters that could affect the availability or commercial potential of the Company's product candidates and other risks described in the Company’s filings with the Securities and Exchange Commission.
    [Show full text]
  • Corporate Update
    ® Developing Breakthrough Biologics, Life-changing Medicines Corporate Update September 2019 Legal Notices The information in this slide deck is current as of August 31, 2019, unless otherwise noted, and is qualified in its entirety by reference to MacroGenics’ Annual, Quarterly and Current Reports filed with the SEC. MacroGenics undertakes no obligation to update any of the information herein. Cautionary Note on Forward-Looking Statements Any statements in these materials about future expectations, plans and prospects for MacroGenics (“Company”), including statements about the Company’s strategy, future operations, clinical development of the Company’s therapeutic candidates, milestone or opt-in payments from the Company’s collaborators, the Company’s anticipated milestones and future expectations and plans and prospects for the Company and other statements containing the words “subject to”, "believe", “anticipate”, “plan”, “expect”, “intend”, “estimate”, “project”, “may”, “will”, “should”, “would”, “could”, “can”, the negatives thereof, variations thereon and similar expressions, or by discussions of strategy constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and enrollment of future clinical trials, expectations of expanding ongoing clinical trials, availability and timing of data from ongoing clinical trials, expectations for regulatory approvals, other matters that could affect the availability or commercial potential of the Company's product candidates and other risks described in the Company’s filings with the Securities and Exchange Commission.
    [Show full text]
  • ( 12 ) United States Patent
    US010233174B2 (12 ) United States Patent ( 10 ) Patent No. : US 10 ,233 , 174 B2 Long ( 45) Date of Patent : Mar. 19 , 2019 ( 54 ) THIOCARBAMATE PRODRUGS OF FOREIGN PATENT DOCUMENTS TOFACITINIB CN 106496233 A 3 /2017 WO 93 /22334 Al 11/ 1993 (71 ) Applicant : THERAVANCE BIOPHARMA R & D wo 2011 /097987 A1 8 / 2011 IP , LLC , South San Francisco , CA WO 2011097087 AL 8 / 2011 (US ) OTHER PUBLICATIONS ( 72 ) Inventor: Daniel D . Long , San Francisco , CA Amidon et al ., " Colon - targeted oral drug delivery systems: Design (US ) trends and approaches ” , AAPS PharmSciTech , 16 ( 4 ) : 731 - 741 ( 2015 ) . (73 ) Assignee : THERAVANCE BIOPHARMA R & D Azad Khan et al. , “ Tissue and bacterial splitting of sulphasalazine ” , IP , LLC , South San Francisco , CA Clinical Science, 64 : 349 - 354 ( 1983 ) . Bouvier et al. , “ First enzymatically activated Taxotere prodrugs (US ) designed for ADEPT and PMT” , Bioorganic & Medicinal Chem istry , 12 : 969 -977 (2004 ) . ( * ) Notice: Subject to any disclaimer, the term of this Bunnelle , “ Reagents for stereoselective preparation of N - carbamyl patent is extended or adjusted under 35 beta - D - glucuronides ” , The Journal of Organic Chemistry , 76 : 5429 5432 ( 2011 ) . U . S . C . 154 ( b ) by 0 days . Burke et al. , “ Development of novel quaternary ammonium linkers for antibody -drug conjugates ” , Molecular Cancer Therapeutics, (21 ) Appl. No. : 15 / 986 ,018 15 ( 5 ) : 938 - 945 (May 2016 ) . Chourasia et al. , “ Pharmaceutical approaches to colon targeted drug delivery systems” , J Pharm Pharmaceut Sci, 6 ( 1 ) : 33 -66 (2003 ) . ( 22) Filed : May 22 , 2018 Clark et al. , “ Discovery and development of Janus Kinase (JAK ) inhibitors for inflammatory diseases ” , Journal of Medicinal Chem istry , 57 : 5023 - 5038 ( 2014 ) .
    [Show full text]
  • Paediatric Committee (PDCO) Draft Agenda for the Meeting on 28-31 January 2020
    28 January 2020 EMA/PDCO/3481/2020 Inspections, Human Medicines Pharmacovigilance and Committees Division Paediatric Committee (PDCO) Draft agenda for the meeting on 28-31 January 2020 Chair: Koenraad Norga – Vice-Chair: Sabine Scherer 28 January 2020, 14:00- 19:00, room 2C 29 January 2020, 08:30- 19:00, room 2C 30 January 2020, 08:30- 19:00, room 2C 31 January 2020, 08:30- 13:00, room 2C Health and safety information In accordance with the Agency’s health and safety policy, delegates are to be briefed on health, safety and emergency information and procedures prior to the start of the meeting. Disclaimers Some of the information contained in this agenda is considered commercially confidential or sensitive and therefore not disclosed. With regard to intended therapeutic indications or procedure scopes listed against products, it must be noted that these may not reflect the full wording proposed by applicants and may also vary during the course of the review. Additional details on some of these procedures will be published in the PDCO Committee meeting reports (after the PDCO Opinion is adopted), and on the Opinions and decisions on paediatric investigation plans webpage (after the EMA Decision is issued). Note on access to documents Some documents mentioned in the agenda cannot be released at present following a request for access to documents within the framework of Regulation (EC) No 1049/2001 as they are subject to on- going procedures for which a final decision has not yet been adopted. They will become public when adopted or considered public according to the principles stated in the Agency policy on access to documents (EMA/127362/2006).
    [Show full text]
  • Study on Stabilization of Human Igg4 Antibodies
    九州大学学術情報リポジトリ Kyushu University Institutional Repository Study on stabilization of human IgG4 antibodies 浪崎, 博史 https://doi.org/10.15017/2534401 出版情報:九州大学, 2019, 博士(創薬科学), 課程博士 バージョン: 権利関係: ヒト IgG4 抗体の安定化に関する研究 Study on stabilization of human IgG4 antibodies 2019 九州大学 大学院薬学府 臨床薬学部門 細胞生物薬学分野 浪崎 博史 1 略語表 CD; cluster of differentiation Ig; Immunoglobulin CDR; complementary determining region V; variable D; diversity J; joining RAG; recombination-activating gene RSS; recombination signal sequences TdT; terminal deoxynucleotidyl-transferase AID; activation induced cytidine deaminase BCR; B cell receptor TCR; T cell receptor Fab; fragment, antigen binding Fc; Fragment, Crystallizable VH; variable heavy CH; constant heavy VL; variable light CL; constant light CDC; complement-dependent cytotoxicity ADCC; antibody-dependent cellular cytotoxicity ADCP; antibody-dependent cellular phagocytosis NK; natural killer FcγR; Fc gamma receptor ITAM; immunoreceptor tyrosine-based activation motif 2 ITIM; immunoreceptor tyrosine-based inhibitory motif FcRn; neonatal Fc receptor PD-1; programmed cell death 1 PD-L1; programmed cell death –lignd1 VLA4; very late antigen-4 DNP; dinitrophenol ELISA; Enzyme-linked immunosorbent assay KD; dissociation constant SEC; size-exclusion chromatography DSF; differential scanning fluorimetry DSC; differential scanning calorimetry Tm; melting transition RU; resonance unit 3 目次 第一章 序論 p.5 1-1 背景 p.5 1-1-1 免疫グロブリンの種類および機能 p.5 1-1-2 免疫グロブリンの多様性獲得 p.7 1-1-3 ヒト IgG の構造および機能 p.9 1-1-4 抗体医薬の開発および承認状況 p.13 1-1-5 ヒト IgG4 の抗体医薬の研究開発状況 p.17 1-1-6 ヒト IgG サブクラスにおける安定性 p.21 1-2 引用文献 p.25 第二章 ヒト IgG4 抗体の低 pH 誘導性凝集体形成における アミノ酸改変による抑制効果に関する研究 p.30 2-1 要旨 p.30 2-2 研究背景 p.32 2-3 材料および方法 p.35 2-4 結果 p.43 2-5 考察 p.78 2-6 引用文献 p.87 謝辞 p.94 4 第一章 序論 1-1 背景 1-1-1 免疫グロブリンの種類および機能 免疫グロブリン(Immunoglobulin;Ig)は哺乳細胞に存在する B 細胞から産生される 糖タンパク質であり、外来抗原を認識して結合する機能を有する。Ig は主に血液中 および組織体液中に存在し、細菌やウイルスなどの外来抗原に結合することにより、 白血球またはマクロファージによる食作用、ならびに免疫細胞の結合による免疫作 用により生体防御に関わっている。ヒトの免疫グロブリンは、IgG, IgA, IgM, IgD お よび IgE の 5 つのクラスが存在し (Fig.
    [Show full text]