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Posts Tagged ‘co:Bellicum-Pharmaceuticals’

bellicum_logo_new.gifFor a few brief months earlier this year, Dendreon’s Provenge looked like it might become the first cancer vaccine approved by the FDA, despite some iffy data supporting its effectiveness. The fate of Provenge now hangs in the balance following the FDA’s controversial decision to ask for additional data. But that hasn’t stopped Bellicum Pharmaceuticals from trying to improve on the work of its forbear.

(One quick note: Merck’s Gardasil and similar vaccines, which are frequently referred to as “cancer vaccines,” aren’t, really. These vaccines do what vaccines have always done, which is boost the body’s defenses against infection — in this case, by the human papilloma virus, which can cause cervical cancer. These vaccines don’t attack tumors directly.)

Cancer vaccines really don’t get much respect these days, after a series of high-profile failures and disappointments. The idea is simple enough: Use proteins unique to tumors to “train” the immune system so that it recognizes and attacks tumors, which normally skate past the body’s defenses like groupies waving backstage passes at a bouncer. But no cancer vaccine has ever worked unequivocally in human trials, as Dendreon’s experience with Provenge shows. At least Dendreon is still chugging along, though: Several other companies have gone down the tubes when their vaccines didn’t work, including all-but-forgotten names like CancerVax and Therion Biologics.

Enter Bellicum, a Houston biotech whose Latin name roughly translates as “call to war,” and whose strategy puts an interesting genetic twist on the basic notion of a cancer vaccine. (See our previous coverage in the sixth item here.) Like Dendreon, Bellicum’s basic strategy relies on dendritic cells, which are workhorses of the immune system that activate other defensive cells and teach them how to recognize invaders. (Tumors usually evade this system because, to the body’s watchdogs, they pretty much look like any other normal cell.)

To make Provenge, Dendreon extracts dendritic cells from a patient, marinates them with a protein “antigen” (that is, a molecule that stimulates an immune response) specific to prostate tumors, then re-infuses them into the patient. Theoretically, these newly primed dendritic cells will next begin recruiting an immune-cell army ready to have it out with any tumor cells they might encounter. Whether Provenge actually works or not, however, won’t really be known until an ongoing 500 patient trial produces some data, perhaps as early as next year.

Scientists at Houston-based Bellicum, however, think that process still has a number of shortcomings. Activated dendritic cells typically shut themselves off after about 24 hours and then die off another day later, limiting their ability to properly stimulate an immune response. That led a Baylor research team led by David Spencer — who is now also Bellicum’s chief scientific officer — to look for ways to either prolong that activation period or to “toggle” it so that the cells spent their entire activated lifetime in the lymph nodes, which are hotbeds for triggering immune reactions.

Those researchers focused on a dendritic-cell receptor protein — imagine sort of a docking port on the cell surface — called CD40, which is a sort of control switch for the dendritic-cell immune response. Normally, CD40 is only “switches on” when a dendritic cell docks with a particular type of T cell. The Baylor researchers, however, figured out how to genetically engineer a version of CD40 that could be switched on remotely by administering a particular drug molecule. If you’re interested, that team explained its work in a 2005 Nature Medicine paper that I’ve uploaded here (PDF).

The upshot of all this is that — theoretically, at least — Bellicum should be able to expose a patient’s dendritic cells to tumor antigens, genetically modify their CD40 receptors, return them to the patient and then switch them on once they’ve returned to the lymph nodes, thereby maximizing the dendritic-cell immune-stimulating effect. The process would look something like this:

bellicum-how-it-works.jpg

To summarize, this slide shows dendritic cells (DCs) returned to the patient after modification and exposure to tumor antigens, where they migrate to the lymph nodes and activate killer T cells (formally known as cytotoxic T lymphocytes, or CTLs), which specialize in taking out infected cells. Here, the killer cells swarm tumors and destroy them. In theory, of course.

Bellicum says the system has worked well in animals and in laboratory tests using human dendritic cells, although it hasn’t yet tried the vaccine in humans. The company, however, hopes to move into early-stage tests in prostate-cancer patients by early next year.

Of course, no one knows if the strategy will work any better than other cancer vaccines, and there are certainly grounds for skepticism. There are an awful lot of moving parts in Bellicum’s vaccine-production process, which of course increases the chance that something unexpected will go wrong. What’s more, the immune system has a tendency to outfox even the most sophisticated attempts at manipulating it. Still, when in comes to opening up new avenues in the struggle against cancer, any attempt to refine what has so far been a disappointing strategy should probably be welcomed.

Featured companies: 20/20 GeneSystems, Bellicum Pharmaceuticals, Cumbre Pharmaceuticals, Dara BioSciences, Enterprise Partners Venture Capital, Fermentas, International, Iasis Medical, New Leaf Venture Partners, Point Therapeutics, Power Medical Interventions, Rules-Based Medicine, Spinal Restoration, Still River Systems, Targanta Therapeutics

(UPDATED: See below.)

[NOTE: In the interests of getting items up as quickly as possible, I'm going to begin posting linked headlines, which I'll subsequently flesh out in many -- but not all -- cases. As the news gets heavier, the briefing is taking longer and longer to put together, to the point where I sometimes don't have much time to write about anything else. Feel free to let me know in comments how well this works for you.]

spinal-restoration-logo.jpgSpinal Restoration raises $16M for disc augmentation — Spinal Restoration, an Austin, Tex., developer of an implantable material designed to treat lower back pain, raised $16 million in a second funding round. Investors included Santé Health Ventures, MB Venture Partners, Austin Ventures and Path4 Ventures.

The startup is working on a filler biomaterial for ruptured spinal discs. This fibrin sealant, which is derived from human sources, is designed to be injected into ruptured discs in order to seal internal fissures and to prevent the leakage of the disc’s contents, potentially in a way that could encourage further healing. If it works, the process could potentially replace spinal fusion for patients whose injuries don’t respond to rest and physical therapy.

targanta_logo-1.jpgAntibiotic maker Targanta becomes latest disappointing biotech IPO — The Cambridge, Mass., developer of an in-licensed antibiotic for drug-resistant infections priced its IPO below its expected range, then saw its newly listed shared decline in early trading. Targanta priced as many as 5.8 million shares at $10 apiece, below its $12 to $14 range (see our coverage), raising the company a maximum of $57.5 million — down considerably from the $92.6 million it had hoped for.

Following the listing, Targanta’s shares dropped almost immediately, and by early afternoon were trading at $9.35, down 65 cents, or 6.5 percent.

I raised concerns about Targanta’s strategy here (capsule version: The company’s antibiotic Oritavancin faces a slew of competition and hasn’t even been tested in-house, as Targanta licensed it at a late stage from another company). Now it looks as though investors may have harbored similar reservations.

power-medical-logo.jpgPower Medical sets IPO terms, aims to raise up to $62M for computer-assisted surgical instruments — Power Medical, a Langhorne, Pa., developer of computer-assisted surgical tools, said it would price up to 4.4 million shares at $12 to $14 apiece, which would allow it to raise as much as $61.6 million. Its SEC filing is here.

The company’s latest plans amount to a significantly smaller IPO than the $100 million offering it had initially contemplated. We last wrote about Power Medical’s IPO plans here.

cumbre-logo.jpgTularik spinoff Cumbre Pharma raises insider financing for anti-infective drugs — Dallas-based Cumbre Pharmaceuticals, a specialty pharma developing new anti-infective drugs, raised a new funding round from individual investors. Terms of the transaction weren’t disclosed.

Cumbre spun out of the former biotech Tularik (since acquired by Amgen) in 2001. It is focused on developing “hybrid” antibiotics formed by fusing together individual antibiotic compounds in hopes of producing more potent drugs that can take on microbes resistant to current antibiotics. Its lead compound, CBR-2092, has completed early-stage human trials, and is intended to attack drug-resistant staphylococcus infections.

Investors in the round included a number of prominent individuals in the life sciences. Among them were Tularik co-founder David Goeddel, Tularik and Cumbre co-founder Steven McKnight, Xenoport president William Rieflin, and former EDS president Morton Meyerson.

new-leaf-logo.jpgNew Leaf Venture Partners raises $450M healthcare fund — New Leaf, a bicoastal VC firm with offices in New York and Menlo Park, Calif., raised $450 million for a new healthcare-technologies fund. The firm intends to target later-stage biotech and specialty pharma companies, early-stage medical-device developers, and new molecular diagnostics.

bellicum-logo.jpgBellicum Pharma draws in $3.8M for cancer vaccines — Bellicum Pharmaceuticals, a Houston biotech aiming to develop cancer vaccines, drew in $3.8 million in seed funding and a grant from the state of Texas. The company pulled in seed funding of $2.3 million from local angel investors; the $1.5 million grant was awarded by the state’s Emerging Technology Fund.

Bellicum is developing a therapeutic vaccine against prostate cancer that is designed to turn the body’s own immune-system defenses against tumors. (Dendreon, whose Provenge vaccine has been in the news over the past several months, is taking a similar approach.) The new wrinkle in Bellicum’s approach is that the company genetically modifies dendritic cells, which help direct immune responses against invaders in the body, so that they can be “activated” at a particular time and in a particular location in the body by applying a triggering chemical. There’s more here.

Other headlines of note:

UPDATE: Expanded Targanta, Power Medical, Cumbre, New Leaf, and Bellicum items.
UPDATE REDUX: Corrected a typo in the Power Medical IPO data.

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