PPHM NEWS Interim Data From Peregrine's Phase II

New Post Public Reply Private Reply Replies (0) Message Board
fitzkarz

PPHM NEWS>

Interim Data From Peregrine's Phase II Trial in Second-Line Non-Small Cell Lung Cancer Demonstrate Doubling of Median Overall Survival in Bavituximab-Containing Arms Print E-mail
08 Sep 2012
  • Interim Data from Double-Blind, Placebo-Controlled Trial Presented at Late-Breaking Plenary Session at Leading Oncology Symposium
  • Data Show Statistically Significant Improvement in Overall Survival for Patients Receiving Bavituximab Plus Docetaxel Versus Docetaxel Alone
  • Clinical Data Strongly Support Advancing Program into Phase III Clinical Development
  • Company to Host Conference Call on Monday, September 10, at 11:00 AM EDT
TUSTIN, CA, USA I September 7, 2012 I Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM), today announced that interim results were presented from its 121 patient randomized, double-blind, placebo-controlled Phase IIb trial in patients with refractory non-small cell lung cancer (NSCLC). The blinded study evaluated two dose levels of bavituximab (bavituximab-containing arms) given with docetaxel versus docetaxel plus placebo (control arm). The interim data showed a statistically significant improvement in overall survival (Hazard Ratio 0.524, p-value .0154) and a doubling of median overall survival (OS) in the bavituximab-containing arms compared to the control arm. The following interim data was presented as part of a late-breaking plenary presentation at the 2012 Chicago Multidisciplinary Symposium in Thoracic Oncology by David Gerber, M.D., Associate Professor of Internal Medicine at the University of Texas Southwestern Medical Center, a principal investigator in the trial.
 ----------------------------------------------------------------------------

                                        Treatment Arm

----------------------------------------------------------------------------

                                  Bavituximab    Bavituximab    Bavituximab

                     Placebo       (1 mg/kg)      (3 mg/kg)    (Pooled Data)

                 plus docetaxel plus docetaxel plus docetaxel plus docetaxel

----------------------------------------------------------------------------

    Number of

  patients (per

     protocol          38             40             39             79

   population)

----------------------------------------------------------------------------

 Median Overall

 Surviva lHazard   5.6 months     11.1 months    13.1 months    12.1 months

 Ratio (p-value)       --        .512 (.0286)   .539 (.0714)   .524 (.0154)

----------------------------------------------------------------------------

Overall Response      7.9%            15%           17.9%          16.5%

   Ratep-value         --            .3262          .1895          .2069

----------------------------------------------------------------------------

Progression Free

 Survival Hazard   3.0 months     4.2 months     4.5 months     4.2 months

 Ratio (p-value)       --        .571 (.0794)    .65 (.1921)    .605 (.067)

----------------------------------------------------------------------------

 

"This study was a rigorous trial designed to minimize bias and we are encouraged that this trial yielded such positive results in the most important endpoint, overall survival. The positive overall response rates and progression free survival in both bavituximab-containing arms seen earlier in the study has now translated into a statistically significant extension in overall survival for patients, a result rarely achieved in phase II clinical trials." said Joseph Shan, vice president of clinical and regulatory affairs at Peregrine. "The quality of this data gives us a solid foundation for designing a phase III trial with an increased probability of success. We are planning for an end-of-phase II meeting with the FDA as we plan to initiate this trial by mid-2013."

The trial enrolled 121 patients (117 evaluable per the study protocol) with second-line non-squamous NSCLC following one prior chemotherapy regimen at over 40 clinical centers. Patients were equally randomized to 1 of the 3 treatment arms, docetaxel (75mg/m2) plus either placebo, 1 mg/kg bavituximab, or 3 mg/kg bavituximab until disease progression. Approximately 50% of the patients were enrolled in the U.S. and 50% were enrolled internationally with equal distribution between all treatment groups.

"Robust data from this Phase II trial clearly demonstrate a significant benefit in overall survival with a good safety profile in patients receiving bavituximab plus docetaxel compared to those receiving docetaxel plus placebo," said Steven W. King, president and chief executive officer of Peregrine. "We are currently in discussions with several potential pharmaceutical partners who have expressed great interest in our bavituximab oncology program. It is our goal to identify the optimal partner to assist with the design and logistics of a multinational Phase III pivotal trial."

The interim results from the study showed no significant safety differences between the three treatment arms as determined by the trial's independent data monitoring committee. Baseline characteristics were well balanced across all three treatment arms of the study, including performance (ECOG) status, age, gender, and race. Tumor responses were determined in accordance with Response Evaluation Criteria In Solid Tumors (RECIST 1.1) based on blinded central radiology review.

"The median overall survival results from the Proof-of Concept study are truly outstanding and great news for patients. Statistically significant overall survival results at this stage of development are rare and have put us in an excellent position for advancing the program. Our attention is now turned to an end of phase II meeting by year end which will help us define the most efficient path forward to potential regulatory approval," said Robert Garnick, PhD, head of regulatory affairs at Peregrine. "A global Phase III trial designed very similarly to the robust design of this Phase II trial greatly increases bavituximab's likelihood of success."

Audio Webcast
In conjunction with Dr. Gerber's presentation in Chicago, Peregrine has posted an audio webcast and slide deck to Peregrine's website. The webcast will be hosted by Joseph Shan, vice president of clinical and regulatory affairs. This event will be pre-recorded. Access to the audio and corresponding slides can be found on Peregrine's website.

Conference Call
Peregrine will host a conference call and webcast to discuss these data and financial results for the first quarter fiscal year 2013 on Monday, September 10, 2012, at 11:00 AM ET (8:00 AM PT). To listen to the conference call, please dial (877) 312-5443 or (253) 237-1126 and request the Peregrine Pharmaceuticals call. A replay of the call will be available starting approximately two hours after the conclusion of the call through September 24, 2012 by calling (855) 859-2056, or (404) 537-3406 and using passcode 27367274.

About Lung Cancer
According to the American Cancer Society, lung cancer is the second most commonly diagnosed cancer in the U.S., with approximately 226,160 new cases and 160,340 deaths each year, representing approximately 28% of all cancer deaths. NSCLC is the most common type of lung cancer, accounting for approximately 85-90% of lung cancer cases. Unfortunately, the five-year survival rate for NSCLC patients is only 1%.

About Bavituximab
Bavituximab is a first-in-class phosphatidylserine (PS)-targeting monoclonal antibody that represents a new approach to treating cancer. Bavituximab is the lead drug candidate from the company's PS technology platform and is currently being tested in eight clinical trials including three randomized Phase II trials in front-line and second-line non-small cell lung cancer, front-line pancreatic cancer and five investigator-sponsored trials (ISTs) in additional oncology indications.

PS is a highly immunosuppressive molecule usually located inside the membrane of healthy cells, but "flips" and becomes exposed on the outside of cells that line tumor blood vessels, creating a specific target for anti-cancer treatments. PS-targeting antibodies target and bind to PS and block this immunosuppressive signal, thereby enabling the immune system to recognize and fight the tumor.

About Peregrine Pharmaceuticals
Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a portfolio of innovative monoclonal antibodies in clinical trials focused on the treatment and diagnosis of cancer. The company is pursuing multiple clinical programs in cancer with its lead product candidate bavituximab and novel brain cancer agent Cotara®. Peregrine also has in-house cGMP manufacturing capabilities through its wholly-owned subsidiary Avid Bioservices, Inc. ( www.avidbio.com ), which provides development and biomanufacturing services for both Peregrine and outside customers. Additional information about Peregrine can be found at www.peregrineinc.com .

SOURCE: Peregrine Pharmaceuticals

I'm in it to win it!

NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.

I was born with it, I'm truly blessed!


Alway's searching for winners'
937206596_images.jpg
Scroll down for more posts ▼

Top 10 Most Recent News Articles

PulseAI's AI-Driven Wearable Clears FDA Hurdle

Updated Category News Views 34

PulseAI Breaks Ground in Wearable Cardiac Monitoring The news is out, folks. PulseAI, a medical tech up-and-comer, has sealed the deal with an FDA 510(k) clearance for its AI-driven arrhythmia analysis for wearables. That's a bureaucratic mouthful, but what it boils down to is this: we're looking at huge potential in wearable tech improving cardiac healthcare. With...

Continue Reading
Duolingo Faces Securities Fraud Suit: Key Takeaways

Updated Category News Views 19

The Blunt Reality Behind Duolingo’s 25.49% Stock Dive You ever wake up, coffee in hand, scrolling through financials, and get hit with that gut-drop feeling? That's where Duolingo investors are after a staggering 25.49% stock drop. It's like watching a slow-motion train wreck from May 2, 2025, to February 26, 2026, capped off by a securities class action suit. If you...

Continue Reading
Slide Stainers Market Reaches $7.39B Forecast By 2031

Updated Category News Views 68

Slide Stainers Market Growth: A Closer Look In a world where precision and speed define medical success, the Slide Stainers Market is the silent hero no one talks about at cocktail parties. But make no mistake, its forecasted growth to $7.39 billion by 2031 shouts volumes in boardrooms and labs alike. With a modest start at $5.15 billion in 2026, this market is expected...

Continue Reading
Ast?'s Strategy: Scaling Brands with Operator Insight

Updated Category News Views 36

Defining the Investor-Entrepreneur Partnership Ah, building a consumer brand is no walk in the park, but what about scaling it? Here's where the rubber really meets the road. Enter Ast? Consumer Partners, a firm that clearly understands that scaling a brand isn't all about throwing cash at it—it’s about precision and the right mix of wisdom, much like a seasoned chef...

Continue Reading
EWTN Broadcasts Pope Leo XIV's Latin America Visit Live

Updated Category News Views 20

Pope Leo XIV Embarks on Landmark Latin America Tour While Wall Street rumbles its daily tune, I've got my eyes on a different spectacle: Pope Leo XIV making rounds in South America from November 6 to 17. This isn't your typical news peg. This stretches beyond financial chatter into a spectacle of faith and cultural resonance. No price charts to weave here, just the...

Continue Reading
Bram Schot Steers Marelli Through Chapter 11 Resurgence

Updated Category News Views 97

So, Marelli's rolling out the heavy artillery with the appointment of Bram Schot as their future Chair. This isn't just reshuffling a few chairs on the deck of a wobbly ship. No, Marelli's emergence from Chapter 11, with Schot at the helm, is more akin to a full-blown course correction. The man comes seasoned, having braved the corporate gales at Audi, Mercedes-Benz, and...

Continue Reading
D-Wave Quantum Faces SEC Lawsuit: Investors Eye Lead Role

Updated Category News Views 55

In the churn of Wall Street, every now and then a company's stock ticker takes center stage for all the wrong reasons. The latest contender under the harsh spotlight is none other than D-Wave Quantum Inc. (NASDAQ: QBTS). They're finding themselves marooned in hot water over allegations of securities fraud, which might just send investors scrambling like sand crabs at high...

Continue Reading
Mercedes-Benz of Scottsdale Redefines Luxury Car Sales

Updated Category News Views 12

Luxury Meets Performance in Scottsdale Sand shifting below your feet, the Arizona sun baking everything in sight—yet it's the sleek, high-performance machines that promise the real sizzle. Yep, Mercedes-Benz of Scottsdale is whipping up a storm with their freshly expanded lineup of Mercedes-AMG® vehicles. If you’re an aficionado who breathes octane and craves the...

Continue Reading
Vermiculus Taps New CISO Amid Index Engine Launch

Updated Category News Views 46

Vermiculus Ups Its Security Game You ever wonder why a company decides to beef up security? Well, Vermiculus ain't leaving anything to chance as they roll out new tech. They've named Alexander Kilian the Chief Information Security Officer. Yep, Kilian's stepping into the ring, and no one’s treating this like a sidebar gig. This market tech outfit isn't just polishing...

Continue Reading
AI Factory Revolution: PortCon 2026 Ignites Innovation

Updated Category News Views 30

Shaking Up the Software Game November 2026 is set to be a standout period for tech aficionados, as Port, the AI Software Factory platform, rolls out the red carpet for PortCon, the inaugural AI Software Factory Summit, in San Francisco. This summit is no small fry in the industry kettle—it's going to be a rendezvous where tech heavyweights, including the likes of Uber,...

Continue Reading

Top 5 Most Recently Viewed Articles

Investigation Launched into Data Breach at Oral Roberts University

Updated Category News Views 474

Investigation into Oral Roberts University Data Breach The law firm Federman & Sherwood has recently initiated an investigation into the serious data breach that occurred at Oral Roberts University (ORU). This private Christian university, located in Tulsa, faced a significant challenge when it discovered unauthorized access to its systems, posing risks to the sensitive...

Continue Reading
Pacific Science Center and KEXP Expand Exciting Music Partnership

Updated Category News Views 129

Exciting Partnership Between Pacific Science Center and KEXP The Pacific Science Center has teamed up with KEXP, the well-known Seattle-based radio station, to extend their partnership for another year. This collaboration, titled Live at the Laser Dome: KEXP DJ in Residence, introduces a fresh DJ residency program. Through this initiative, various KEXP DJs will create...

Continue Reading
TESSAN Partners with Rachael Yamagata to Inspire Travel Enthusiasts

Updated Category News Views 310

TESSAN and Rachael Yamagata Unite for a Journey of Innovation As the new year unfolds, TESSAN, a leading brand in charging solutions, is thrilled to announce an exciting collaboration with Rachael Yamagata, an accomplished American singer-songwriter. This partnership aims to promote innovation and encourage individuals to engage with their surroundings in a meaningful...

Continue Reading
Enhancing Homeowners Insurance with VIU by HUB and Valon Partnership

Updated Category News Views 500

VIU by HUB Partners with Valon VIU by HUB, a prominent omnichannel insurance brokerage, is set to transform the homeowners' insurance landscape through its new partnership with Valon. This collaboration aims to deliver customized insurance solutions and proactive guidance, significantly benefiting homeowners. Customized Solutions for Homeowners The partnership caters to...

Continue Reading
Purdue University and VMS Solutions Unite to Combat Workforce Challenges

Updated Category News Views 223

Purdue University and VMS Solutions Join Forces for Education Purdue University and VMS Solutions have unveiled an exciting new partnership aimed at enhancing education and research in the field of semiconductor manufacturing. This initiative seeks to equip students with the skills necessary to bridge the workforce gap that currently plagues the semiconductor industry,...

Continue Reading