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Business International & World Lifestyle Technology

Align voted Best Cloud Services Provider by both Hedgeweek and Private Equity Wire

NEW YORK — (BUSINESS WIRE) — #alternativeinvestment — Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek’s Hedge Fund Emerging Manager US Awards and the Private Equity Wire’s 2023 Emerging Manager Awards.

 

Both awards are earned from online voting in which financial services professionals are invited to nominate the “best in class” providers in a variety of categories.


As a managed service provider, offering top-of-the-line cloud services is imperative – especially today, when businesses rely so heavily on cloud-based applications. The Align IT Suite, Align’s complete Managed Services platform, is built on the foundation of the Microsoft public cloud, offering flexible, secure, compliant managed services for clients, particularly those in the alternative investment industry.

 

“We are honored to be recognized by both Hedgeweek and Private Equity Wire,” says Vinod Paul, Chief Operating Officer of Align Managed Services.

 

“The past several years has put an emphasis on service providers as we’ve all had to rise to the challenge of adjusting to meet the new set of needs and security risks introduced by the major shift in the workforce. We were proactive in this adjustment; and built our cornerstone managed IT offering, the Align IT Suite, in the Microsoft public cloud to provide clients with scalable, flexible IT solutions. It is always appreciated to be recognized for our commitment to providing the best-in-class solutions to our clients, even more so to be recognized for our outstanding performance as a cloud provider in two separate awards within the same year. We are very proud of this achievement.”

 

This double recognition only further cements Align’s reputation in the industry. Align was the first Managed Services Provider to offer a fully Public Cloud based platform focused on the Alternative Financial Services industry. As a Tier 1 Microsoft Azure cloud services provider focused entirely on the alternative investment industry, Align enhanced this offering by also delivering cybersecurity solutions designed for the Registered Investment Advisors and ALT’s community. Align spearheaded the adoption of public cloud computing as the optimal foundation from which a modern fund manager’s IT environment should be designed. Leading firms around the world trust Align with their managed IT.

 

Align’s clients are primarily within the financial services industry, and the largest technological challenges they face surround the regulatory requirements and the changing cybersecurity threat landscape. These changes both in the financial sector and throughout businesses have created an entirely new set of consideration for clients; from annual proposed SEC changes in regulations to the shift in the workforce from largely in-person to more hybrid or remote work.

 

“Our award-winning solution makes managing IT and meeting the demands of security and compliance easy,” says Vinod Paul, Chief Operating Officer of Align. “Our services offer firms the assurance, dependability, and resiliency that is required to thrive in today’s changing IT landscape. With Align Managed Services, clients can leverage solutions designed to reduce operational costs, accelerate workflows, mitigate risk, and strengthen and streamline the numerous controls designed to meet both the current and ever-evolving regulatory compliance requirements and the prevailing due diligence expectations.”

 

Align’s unwavering commitment to improving our Managed IT Solutions directly impacts the success of its clients – because once a firm can meet certain regulations with ease, its business begins to thrive.

 

“Alongside our double recognition in cloud computing, we have taken strides to enhance our longstanding Managed Detection and Response (MDR) platform, Align Guardian, powered by Adlumin, within the last year. We have also begun to leverage AI support services and launched an “out of the box” onboarding experience through automation and AI that allows our clients to fully deploy its solution in 30 minutes,” says Chris Zadrima, Managing Director, Align Managed Services.

 

“From fundamental support functions to Cybersecurity, we have incorporated automated SOAR (Security Orchestration, automation, and response) functionality. We are extremely proud of the accomplishments our teams have made—this award demonstrates our commitment to continuously striving to enhance our offering.”

 

To learn more about Align, go to www.align.com and follow Align on LinkedIn and at @AlignITAdvisor on Twitter.

 

About Align

Align is a premier global provider of technology infrastructure solutions. For over 35 years, leading firms worldwide have relied on Align to guide them through IT challenges, delivering complete, secure solutions for business change and growth. Align is headquartered in Dallas, Texas and has offices in New York City, London, Chicago, San Francisco, Arizona, New Jersey, and Virginia. Learn more at www.align.com.

Contacts

Ashley Holbrook

marketing@align.com
212-546-6159

Categories
Art & Life Business Foodies/Tastylicious Lifestyle Perks

HEINZ® to launch six, limited-time sauces at restaurants nationwide

Viral sensations Rebecca Black, Kyle Craven & William Hung embrace ‘drop culture’ to bring unique, never-before-seen HEINZ sauces to fans across the country

 

PITTSBURGH & CHICAGO — (BUSINESS WIRE) — HEINZ® – the condiment category icon and leader – today announced the debut of six new, limited-time Sauce Drops.

 

With the help of viral sensations who know a little something about 15 minutes in the spotlight – Rebecca Black, Kyle Craven (AKA “Bad Luck Brian)” and singing competition sensation William Hung – HEINZ will “drop” one sauce per month at select restaurants across the U.S., giving each exotic and mouthwatering creation its 15 minutes of flavor.


Seventy percent of consumers consider themselves adventurous eaters and seek a greater variety of flavors from their favorite restaurants and brands.1 Inspired by these fan desires, the HEINZ Sauce Drops are designed to deliver on people’s hunger for uniqueness, as each provides an elevated flavor dipping experience unlike anything HEINZ has ever created.

 

The HEINZ Limited-Time Sauce flavors include:

  • HEINZ Yuzu Wasabi: Creamy with bright citrus notes and a surprising bite
  • HEINZ Black Garlic Ranch: A unique and intense experience, combining the mellow, deep flavor of black garlic with the smoothness of ranch
  • HEINZ Creamy Chimichurri: A traditional combination of herbs (parsley, oregano, cilantro) in a thick dipping sauce with a slight tang and bright herby punch
  • HEINZ Brewery Mustard: Pub-style grainy mustard sauce with an ale aroma and hoppy background
  • HEINZ Hatch Chili Ranch: A spicy smoky sauce enhanced with Southwest chilies
  • HEINZ Harissa Aioli: A smoky roasted red pepper blend with flavorful heat and a North African/Middle Eastern flair

 

“As a consumer obsessed brand at the forefront of food culture, we want to hijack fans’ behavior as they seek out new and unique flavors at their favorite restaurants,” said Diane Mays Doty, Associate Brand Manager, HEINZ Away from Home.

 

“Taking a page from the popular ‘drop culture,’ these Sauce Drops allow us to push portfolio boundaries with explorative flavors, while also allowing us to receive real-time fan feedback to inform what we bring to shelves nationwide.”

 

Each limited-time sauce is crafted for a variety of dipping occasions, pairing especially well with the crispy, savory taste of fried chicken. Kicking off today with the “Rebecca Black Garlic Ranch” drop, the sauces will be available at famous American chicken joints, including Parson’s Chicken & Fish locations in Chicago, Sticky’s Finger Joint locations in New York and New Jersey, and Abner’s Famous Chicken locations in Tennessee and Mississippi. Every month, HEINZ and one of the stars will take to social media to announce which of the six sauces will be dropping next.

 

The launch of the HEINZ Limited-Time Sauces Drops comes on the heels of HEINZ Remix, the first customizable digital sauce dispenser, and the brand’s new global creative platform “It Has to be Heinz.” As Kraft Heinz’s larger transformation reinvigorates HEINZ with new ambition and purpose, the new platform is rooted in the irrational love it inspires – from real fans’ personal love affairs with the brand, to the undeniable love and care its products are made with.

 

To learn more about the HEINZ limited-time Sauce Drops and track availability, fans can follow @HEINZ on Instagram and @HEINZ_us on TikTok. Fans can also visit www.heinz.com/15minutesofflavor to be the first to know about future sauce drops, full list of restaurant location and to play the new ‘15 Minutes of Flavor’ memory game.

 

1FMCG Experimenting With Flavors, September 2021

 

About the Kraft Heinz Company

We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let’s Make Life Delicious. Consumers are at the center of everything we do. With 2022 net sales of approximately $26 billion, we are committed to growing our iconic and emerging food and beverage brands on a global scale. We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms. As global citizens, we’re dedicated to making a sustainable, ethical impact while helping feed the world in healthy, responsible ways. Learn more about our journey by visiting www.kraftheinzcompany.com or following us on LinkedIn and Twitter.

Contacts

Bethany Stokoski

Zeno Group for HEINZ

Bethany.Stokoski@zenogroup.com

Alexandra Lieberman

The Kraft Heinz Company

Alexandra.Lieberman@KraftHeinz.com

Categories
Entertainment News Lifestyle Sports & Gaming Travel & Leisure

Avena dominates to earn first career win at favorite fishing stage five on Cayuga Lake presented by ATG by Wrangler

New Jersey Pro Catches Five Smallmouth Weighing 28 Pounds, 10 Ounces to Top Win by 2-Pound Margin and Earn Top Payout of $100,000


UNION SPRINGS, N.Y. — (BUSINESS WIRE) — It was an emotional afternoon for Vineland, New Jersey pro Adrian Avena. After numerous seasons of watching his roommates and travel partners earn multiple wins and championship victories, the 12-year veteran finally earned his own red trophy. Avena caught eight scorable smallmouth bass Sunday, with his best five weighing 28 pounds, 10 ounces to win the Major League Fishing (MLF) Bass Pro Tour Favorite Fishing Stage Five on Cayuga Lake Presented by ATG by Wrangler and earn the top payout of $100,000.

 

Link to Hi-Res Photo of Favorite Fishing Stage Five at Cayuga Lake Winner Adrian Avena
Link to HD Video – Fish-Catch Highlights of Championship Round on Cayuga Lake
Link to Photo Gallery of Adrian Avena’s Championship Round Afternoon Highlights

 

Avena’s two-day Knockout and Championship Round total of 10 bass weighing 58 pounds even earned him the victory by a 2-pound margin over second-place finisher Spencer Shuffield of Hot Springs, Arkansas, who finished with a two-day total of 10 bass weighing 56 pounds even, good for $45,000.

 

Over his four days of competition, Avena weighed in 20 smallmouth bass totaling 105 pounds even. Also breaking the 100-pound mark over four days were five other pros – Shuffield (106-10), Jacob Wheeler (100-8), Alton Jones Jr. (102-4), Matt Becker (102-0) and Kevin VanDam (102-2).

 

It was an incredible week of fishing that will likely be looked back on as the greatest smallmouth event in Bass Pro Tour history.

 

“You have no idea what this win means to me,” Avena said on stage in his post-game interview. “I travel and room with three of the best guys in the world, and I ain’t going to say that I got tired of them winning all the time, but man, it was starting to take a toll on me.

 

“I love them guys, and when you surround yourself with a house full of guys that are straight hammers it rubs off a little bit. But watching them boys win trophy after trophy… I’m just so glad that now I’ve got mine.”

 

Throughout the week Avena targeted bedding smallmouth, using a flogger to locate the bass and then drop-shotting a Berkley PowerBait MaxScent Flat Worm or a 4-inch Berkley Gulp! Alive Minnow. He threw the setup on an Abu Garcia Fantasista rod with a Abu Garcia Revo Rocket spinning reel.

 

“The Gulp minnow was the deal, but the key was the chartreuse top,” Avena said. “The chartreuse color was a big player this week. Also, I used a very small leader – getting my bait close to the bottom really mimicked those perch that were getting into their beds.

 

“Another big key was fishing deeper than everyone else,” Avena continued. “After you’d hook a smallmouth they’d shoot straight up, so I had to have a spinning reel setup with a very fast gear ratio. I used the Revos all week.”

 

Despite starting the day with a lead, Avena said that he was never comfortable throughout the final day of competition.

 

“I told myself this morning that I was not stopping on a fish that was under 5½ pounds, as I knew they wouldn’t win this tournament,” Avena said. “This lake is chock full of 4-pounders, and I passed up on so many of them today because I knew they wouldn’t help. I didn’t catch a whole lot of bass today, but I caught the right ones that I needed.

 

“I have so many people to thank, that have believed in me from the start, and this just feels really good to be able to do this for them,” Avena went on to say. “My dad has a weak heart, and he’s always telling me, ‘Adrian, I want to see you win a tournament before I pass away.’ Well, pop, we got it done this week. I’m still shaking, and I am freaking stoked!”

 

The final 10 pros from the Favorite Fishing Stage Five at Cayuga Lake Presented by ATG by Wrangler finished:

1st: Adrian Avena, Vineland, N.J., 10 bass, 58-0, $100,000

2nd: Spencer Shuffield, Hot Springs, Ark., 10 bass, 56-0, $45,000

3rd: Dakota Ebare, Brookeland, Texas, 10 bass, 55-2, $38,000

4th: Jacob Wheeler, Harrison, Tenn., 10 bass, 54-0, $32,000

5th: Alton Jones Jr., Waco, Texas, 10 bass, 53-8, $30,000

6th: Mark Rose, Wynne, Ark., 10 bass, 52-4, $26,000

7th: Matt Becker, Ten Mile, Tenn., 10 bass, 52-0, $23,000

8th: David Dudley, Lynchburg, Va., 10 bass, 51-15, $21,000

9th: Takahiro Omori, Tokyo, Japan, 10 bass, 51-4, $19,000

10th: Kevin VanDam, Kalamazoo, Mich., 10 bass, 49-11, $16,000

 

Full results for the entire field can be found at MajorLeagueFishing.com.

 

Overall, there were 97 scorable bass totaling 459 pounds even weighed by the 10 pros on Sunday.

 

Dakota Ebare earned Sunday’s Championship Round $1,000 Berkley Big Bass award with a 6-pound, 7-ounce smallmouth that bit in Period 1. Wheeler earned the $3,000 Berkley Big Bass award for the overall largest bass of the event with his 7-pound, 5-ounce smallmouth that he weighed during Saturday’s Knockout Round of competition.

 

After five events in the Bass Pro Tour regular season, Ott DeFoe of Blaine, Tennessee, remains the leader in the 2023 Bass Pro Tour Bally Bet Angler of the Year (AOY) standings with 360 points. Pro Dakota Ebare of Brookeland, Texas, sits in second place with 332 points, while Bass Pro Tour Rookie Matt Becker of Ten Mile, Tennessee, rounds out the top three with 316.5 points. Bally Bet will award $100,000 to the 2023 Bass Pro Tour Bally Bet Angler of the Year winner.

 

The next regular season Bass Pro Tour event will take place later this month – the General Tire Stage Six at Lake St. Clair Presented by John Deere Utility Vehicles, June 24-29, at Lake St. Clair in Harrison Township, Michigan.

 

The Favorite Fishing Stage Five at Cayuga Lake Presented by ATG by Wrangler featured pros competing using the MLF catch, weigh, immediate-release format, with each angler’s five (5) heaviest bass per day tallied as their day’s weight. Anglers strive to catch their heaviest five fish each day, while also feeling the pressure and intensity of the live scoring SCORETRACKER® leaderboard. Minimum weights are determined individually for each competition waters that the Bass Pro Tour visits, based on the productivity, bass population and anticipated average size of fish in each fishery.

 

The six-day bass-fishing event showcased 80 of the top professional anglers in the world, competing for a purse of more than $805,000, including a top payout of $100,000 and valuable Angler of the Year (AOY) points in hopes of qualifying for the General Tire Heavy Hitters All-Star event and REDCREST 2024, the Bass Pro Tour championship.

 

Television coverage of the Favorite Fishing Stage Five at Cayuga Lake Presented by ATG by Wrangler will air as two, two-hour episodes starting at 7 a.m. ET, on Saturday, Oct. 21 and Saturday, Oct. 28 on the Discovery Channel. New MLF episodes premiere each Saturday morning on Discovery, with re-airings on the Outdoor Channel.

 

Proud sponsors of the 2023 MLF Bass Pro Tour include: 13 Fishing, Abu Garcia, Ark Fishing, ATG + Wrangler, B&W Trailer Hitches, Bally Bet, Bass Cat Boats, Bass Pro Shops, Berkley, Black Rifle Coffee, Daiwa, Epic Baits, Favorite Fishing, Ferguson, Fox Rent A Car, General Tire, Grundéns, Humminbird, Lowrance, Minn Kota, Mercury, Mossy Oak, Onyx, Power-Pole, Rapala, Star tron, T-H Marine, TORO, Toyota, U.S. Air Force, Yellowstone Bourbon, Yo-Zuri and Zoom Baits.

 

For complete details and updated information on Major League Fishing and the Bass Pro Tour, visit MajorLeagueFishing.com. For regular updates, photos, tournament news and more, follow MLF’s social media outlets at Facebook, Twitter, Instagram, and YouTube.

 

About Major League Fishing

Major League Fishing (MLF) is the world’s largest tournament-fishing organization, producing more than 250 events annually at some of the most prestigious fisheries in the world, while broadcasting to America’s living rooms on CBS, the Discovery Channel, the Outdoor Channel, CBS Sports Network, the World Fishing Network and on-demand on MyOutdoorTV (MOTV). Headquartered in Benton, Kentucky, the MLF roster of bass anglers includes the world’s top pros and more than 30,000 competitors in all 50 states and 13 countries. Since its founding in 2011, MLF has advanced the sport of competitive fishing through its premier television broadcasts and livestreams and is dedicated to improving the quality of life for bass through research, education, fisheries enhancement and fish care.

Contacts

JOE OPAGER
DIRECTOR OF COMMUNICATIONS

p: 218.434.0748

e: joe.opager@majorleaguefishing.com
www.majorleaguefishing.com

Categories
Business Healthcare Lifestyle Science Technology

Catalent, Inc. announces third quarter fiscal year 2023 earnings via conference webcast

SOMERSET, N.J. — (BUSINESS WIRE) — Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced that it will release financial results for the third quarter of fiscal year 2023 ended March 31, 2023, before the market open on Monday, June 12, 2023. The Company’s management will host a webcast to discuss the results at 8:15 a.m. ET on the same day.

 

Catalent invites all interested parties to listen to the webcast and view a supplemental slide presentation, both of which will be accessible through Catalent’s website at https://investor.catalent.com. The webcast replay, along with the supplemental slides, will be available for 90 days at https://investor.catalent.com.

 

About Catalent

Catalent, Inc., is the global leader in enabling pharma, biotech, and consumer health partners to optimize product development, launch, and full life-cycle supply for patients around the world. With broad and deep scale and expertise in development sciences, delivery technologies, and multi-modality manufacturing, Catalent is a preferred industry partner for personalized medicines, consumer health brand extensions, and blockbuster drugs. Catalent helps accelerate over 1,000 partner programs and launch over 150 new products every year. Its flexible manufacturing platforms at over 50 global sites supply around 80 billion doses of nearly 8,000 products annually. Catalent’s expert workforce of approximately 18,000 includes more than 3,000 scientists and technicians. Headquartered in Somerset, New Jersey, the company generated nearly $5 billion in revenue in its 2022 fiscal year. For more information www.catalent.com.

Contacts

Investor Contact:

Paul Surdez, Catalent, Inc.

(732) 537-6325

investors@catalent.com

Categories
Business Economics Lifestyle Local News

CoreLogic: Home price growth continues annual single-digit slowdown in April

  • April’s 2% year-over-year home price growth was the lowest recorded since March 2012
  • CoreLogic’s forecast suggests that all states will again show positive annual home price gains by April 2024

 

IRVINE, Calif. — (BUSINESS WIRE) — #HPI — CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, on Tuesday released the CoreLogic Home Price Index (HPI) and HPI Forecast for April 2023.


Nationwide, single-family home price growth rose by 2% year over year in April. This marked the 135th consecutive month of annual growth but the sixth straight month of single-digit gains, which have slowed from an all-time high of nearly 20% annual appreciation in the spring of 2022.

 

Numerous economic concerns are contributing to buyer reluctance, including mortgage rate volatility and the related uncertainty surrounding the recent debt-ceiling debate. That said, a continued shortage of homes for sale could keep pressure on housing prices over the next 12 months. CoreLogic projects that home price growth will slow a bit more in 2023 before regaining steam to about 5% annual appreciation by April 2024.

 

“While mortgage rate volatility continues to cause buyer hesitation, the lack of for-sale homes is putting firm pressure on prices this spring, leading to above-average seasonal monthly gains and a rebound in home prices in most markets,” said CoreLogic Chief Economist Selma Hepp.

 

“Nevertheless, the recent surge in mortgage rates and continued inflation issues suggest that rates may remain elevated, leading home price appreciation to possibly relax this summer and return to average seasonal gains later in 2023.”

 

“Still, while slim inventory is pushing prices up once again and constraining affordability,” Hepp continued, “recent trends suggest that home price growth in 2023 will fall in line with the historical 4% annual average.“

 

Top Takeaways:

  • U.S. home prices (including distressed sales) increased by 2% year over year in April 2023 compared with April 2022. On a month-over-month basis, home prices increased by 1.2% compared with March 2023.
  • In April, the annual appreciation of attached properties (3.6%) was 2.1 percentage points higher than that of detached properties (1.5%).
  • CoreLogic forecasts show annual U.S. home price gains increasing to 4.6% by April 2024.
  • Miami posted the highest year-over-year home price increase of the country’s 20 tracked metro areas in April, at 13.2%, while Atlanta ranked second at 4.8%.
  • Among states, Indiana and New Jersey recorded the highest annual home price gains, 7.3% and 7.1%, respectively. Missouri, South Carolina and Vermont posted the third-highest growth rates, with all showing a 6.9% year-over-year increase. Ten states recorded annual losses: Washington (-7.7%), Idaho (-5.9%), Utah (-4.9%), Nevada (-4.5%), California (-3.6%), Arizona (-2.6%), Oregon (-2.6%), Colorado (-2.1%), Montana (-1.1%) and New York (-1.1%).

 

The next CoreLogic HPI press release, featuring May 2023 data, will be issued on July 11, 2023, at 8 a.m. EST.

 

Methodology

The CoreLogic HPI is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 45 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with an average five-week lag, the CoreLogic HPI is designed to provide an early indication of home price trends by market segment and for the Single-Family Combined tier, representing the most comprehensive set of properties, including all sales for single-family attached and single-family detached properties. The indices are fully revised with each release and employ techniques to signal turning points sooner. The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states.

 

CoreLogic HPI Forecasts are based on a two-stage, error-correction econometric model that combines the equilibrium home price—as a function of real disposable income per capita—with short-run fluctuations caused by market momentum, mean-reversion, and exogenous economic shocks like changes in the unemployment rate. With a 30-year forecast horizon, CoreLogic HPI Forecasts project CoreLogic HPI levels for two tiers — Single-Family Combined (both attached and detached) and Single-Family Combined Excluding Distressed Sales. As a companion to the CoreLogic HPI Forecasts, Stress-Testing Scenarios align with Comprehensive Capital Analysis and Review (CCAR) national scenarios to project five years of home prices under baseline, adverse and severely adverse scenarios at state, metropolitan areas and ZIP Code levels. The forecast accuracy represents a 95% statistical confidence interval with a +/- 2% margin of error for the index.

 

About Market Risk Indicators

Market Risk Indicators are a subscription-based analytics solution that provide monthly updates on the overall health of housing markets across the country. CoreLogic data scientists combine world-class analytics with detailed economic and housing data to help determine the likelihood of a housing bubble burst in 392 major metros and all 50 states. Market Risk Indicators is a multi-phase regression model that provides a probability score (from 1 to 100) on the likelihood of two scenarios per metro: a >10% price reduction and a ≤ 10% price reduction. The higher the score, the higher the risk of a price reduction.

 

About the Market Condition Indicators

As part of the CoreLogic HPI and HPI Forecasts offerings, Market Condition Indicators are available for all metropolitan areas and identify individual markets as overvalued, at value or undervalued. These indicators are derived from the long-term fundamental values, which are a function of real disposable income per capita. Markets are labeled as overvalued if the current home price indexes exceed their long-term values by greater than 10% and undervalued where the long-term values exceed the index levels by greater than 10%.

 

Source: CoreLogic

The data provided are for use only by the primary recipient or the primary recipient’s publication or broadcast. This data may not be resold, republished or licensed to any other source, including publications and sources owned by the primary recipient’s parent company without prior written permission from CoreLogic. Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data are illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or website. For questions, analysis or interpretation of the data, contact Robin Wachner at newsmedia@corelogic.com. For sales inquiries, visit https://www.corelogic.com/support/sales-contact/. Data provided may not be modified without the prior written permission of CoreLogic. Do not use the data in any unlawful manner. The data are compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources.

 

About CoreLogic

CoreLogic is a leading global property information, analytics and data-enabled solutions provider. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.

 

CORELOGIC, the CoreLogic logo, CoreLogic HPI and CoreLogic HPI Forecast are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

Contacts

Media Contact:
Robin Wachner

newsmedia@corelogic.com

Sales Contact:
https://www.corelogic.com/support/sales-contact/

Categories
Business International & World Regulations & Security Technology

Frustrating and potentially dangerous spam calls continue to plague consumers around the world as businesses and regulators work to address the problem

Internet Day 2023 session with iconectiv’s Alberto Apablaza addressed ways to fight spammers and boost consumer trust in the communications ecosystem

 

BRIDGEWATER, N.J. — (BUSINESS WIRE) — iconectiv:

 

What:

Phone spam continues to plague consumers around the world, eroding their trust in the communications ecosystem. In fact, consumers globally were inundated with more than 655 million spam calls in the last few months of 2022 alone, many of those calls coming from fraudsters. The problem is so prevalent that 95% of people only answer a call when they recognize the number.

The issue is worse in Argentina, where 52% of calls from unknown numbers are spam and 22% of calls are fraudulent. This also makes it difficult for businesses and call centers to get their legitimate calls through to consumers.

During an Internet Day 2023 panel discussion, iconectiv’s Alberto Apablaza discussed ways the trusted communications ecosystem can address spam calls and other issues, including:

  • The state of fixed and mobile number porting
  • Streamlining processes around emergency numbers
  • Network security

Who:

Industry leaders for this panel session included:

  • Alberto Apablaza, Account Director, LATAM at iconectiv
  • Nacho Ribeiro, IP Telephone Commission Coordinator
  • Jeff Pulver, founder of Vonage and pioneer in the field of Voice over Internet Protocol (VoIP)

Where:

You can watch a replay of the Internet Day 2023 session here.

 

About iconectiv

Your business and your customers need to access and exchange information simply, seamlessly and securely. iconectiv’s extensive experience in information services and its unmatched numbering intelligence helps you do just that. In fact, more than 2 billion people count on our platforms each day to keep their networks, devices and applications connected. Our cloud-based Software as a Service (SaaS) solutions span network and operations management, numbering, trusted communications and fraud prevention. For more information, visit www.iconectiv.com. Follow us on Twitter and LinkedIn.

Contacts

Media Contacts:
Sharon Oddy

iconectiv

+1-732-699-5130/908-809-2268

soddy@iconectiv.com

Casey Bush

Global Results Communications
+1-949-689-9550

iconectiv@globalresultspr.com

Categories
Business Lifestyle Technology

Kinective formed through strategic combination of CFM, NXTsoft, and IMM

Kinective is the force multiplier financial institutions need to scale transformation efforts faster by integrating fintechs and banking cores

 

PHOENIX — (BUSINESS WIRE) — Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector,  announced on Tuesday, its formation through the combination of CFM, NXTsoft, and IMM.

 

Kinective delivers the most comprehensive, open, and connected technology ecosystem in banking. Across offices in Phoenix, Orlando, and New Jersey, its 300 team members serve more than 2,500 customers, representing one out of every four U.S. financial institutions. Kinective is backed by OceanSound Partners, a growth-oriented private equity firm.


The name ‘Kinective’ is derived from connective, the capacity to merge disparate systems into a unified experience. It also reflects the power to drive innovation and generate kinetic energy. Kinective’s mission is to help its customers connect to banking’s future. The new corporate identity follows the recent appointment of Stephen Baker as CEO and signifies the next phase of the company’s growth.

 

“We are thrilled to offer our customers a cohesive experience by launching Kinective, which leverages the combined solutions, resources, and seven decades of experience of our three complementary businesses,” said Baker. “Our brand connects our employees and customers under a shared vision and reflects our mastery in building connected digital experiences for financial institutions.

 

“Digital transformation in banking has been impaired by unavailable, incomplete, or vulnerable integrations between cores and fintechs. Kinective is a force multiplier in banking, enabling immediate access to innovation via integrations to cores used by 99% of U.S. financial institutions. Kinective’s software help banks and credit unions unlock new services, modernize operations, and enhance their competitive edge.”

 

Kinective’s family of solutions draws from existing CFM, NXTsoft, and IMM products, which will remain available and supported under their existing brands:

  • API Connectivity: turn-key solutions that securely connect over 80 fintech applications to over 40 core banking systems by compiling pre-built API integrations, empowering purchasing choice and a best-of-breed IT strategy;
  • Teller Workflow:API integrations between core banking systems and branch hardware that enables real-time transaction processing and improved teller productivity by automating labor-intensive tasks;
  • Document Automation: software that allows financial institutions to manage and enhance each stage of process workflow, including generation, execution, authentication, approval, and archiving;
  • Data Analytics: solutions that allow financial institutions to gain visibility into their branch operations, manage credit risk, and comply with reporting requirements; and
  • Data Connectivity: migration and archiving solutions that provide data integrity and access, especially around M&A, core conversion, and legacy data migration.

 

Kinective’s solutions are united by a mutual value proposition of driving IT modernization, operating efficiency, and elevated client experiences for financial institutions. Kinective’s solutions create compelling value for all stakeholders in the banking ecosystem, including financial institutions, fintechs, and cores:

  • Financial institutions: Kinective enables banks and credit unions to design a bespoke fintech strategy, tailored to their specific needs and compatible with their existing core, so they can transform at their own pace. Kinective’s workflow products create better employee experiences by automating previously manual or error-prone processes;
  • Fintechs: Kinective provides fintechs with one, unified connection to more than 40 cores, unlocking access to the entire banking ecosystem and a scaled customer base. With Kinective’s technology, developers can focus on product differentiation, not core integrations; and
  • Cores: Kinective equips cores with seamless integrations to modern fintech solutions, allowing them to meet increasing customer expectations without impeding existing developmental priorities. Kinective helps cores increase stickiness and extend the lifespan as they develop future platforms.

 

“We are excited to build upon the strength and capabilities of the three constituent companies and establish Kinective,” said Ted Coons, Partner at OceanSound. “Kinective has developed the industry’s most connected platform that allows banks and credit unions to scale innovation faster, deliver better client experiences, and realize cost savings. We expect to make additional investments to support Kinective’s mission of helping financial institutions connect to banking’s future.”

 

About Kinective

Kinective is a leading provider of connectivity, workflow, and analytics software to more than 2,500 banks and credit unions in North America. Kinective was created in June 2023 as the new brand uniting CFM, NXTsoft, and IMM, three complementary financial technology companies that together have over 70 years of experience in banking. Kinective provides financial institutions with access to innovation, helping them unlock new possibilities and connect to the future. For more information, please visit www.kinective.io.

 

About OceanSound Partners

OceanSound Partners is a New York-based private equity firm that pursues control investments in technology and technology-enabled services companies serving government and enterprise end-markets. OceanSound employs a partnership approach, working closely with founders, entrepreneurs, and executives of middle market businesses to drive transformational growth. For more information, please visit www.oceansoundpartners.com.

Contacts

Emily Sweillam

Kinective

(602) 614-6864

esweillam@cfms4.com

Categories
Business Environment Lifestyle Science Technology

NJR Clean Energy Ventures and New Jersey American Water highlight innovative solutions with North America’s largest floating solar array

SHORT HILLS, N.J. — (BUSINESS WIRE) — From air conditioning to vacuum cleaners, New Jersey has long been known for its innovations, and now it is home to the largest floating solar array in North America. Consisting of 16,510 solar panels, the 8.9-megawatt (MW) solar array covers 17 acres of the Canoe Brook reservoir in Short Hills, New Jersey. The clean power generated is enough to power 1,400 homes annually and will provide approximately 95% of the power needs for New Jersey American Water’s Canoe Brook Water Treatment Plant.


Owned and operated by NJR Clean Energy Ventures (CEV), the renewable energy subsidiary of New Jersey Resources (NYSE: NJR), the array uses an innovative racking system that enables the panels to float on water. Projects like this offer a novel approach to developing solar and a practical solution to the challenge of finding suitable locations to accommodate large scale commercial solar installations. Built mostly on man-made lakes or reservoirs, where tides and saltwater will not impact the panels, floating solar projects turn beneficial use space into clean energy. Innovative approaches to clean energy, like Canoe Brook, are increasingly important in densely populated areas, such as New Jersey.

 

“Floating solar technology creates new opportunities for underutilized bodies of water, allowing space that would otherwise sit vacant to enable large-scale renewable energy generation, which helps to bring the benefits of clean energy to even more customers,” said Robert Pohlman, Vice President of NJR Clean Energy Ventures. “As a leader in New Jersey’s solar marketplace, we look forward to working with New Jersey American Water to support its power needs and advance the state’s clean energy and climate goals.”

 

“As the state’s largest water and wastewater utility company, it is essential for us to be good stewards of the environment by operating efficiently and in a manner that helps protect our natural resources,” said Mark McDonough, president of New Jersey American Water. “This initiative provides a meaningful reduction of traditional energy use that benefits the environment, as well as our customers through limited capital expense and reduced power costs.”

 

“Sound and consistent investment in renewable energy is critical to reducing climate pollution and the resulting flooding, wildfire, and extreme heat repeatedly harming New Jersey’s communities and economy,” said Commissioner of Environmental Protection Shawn M. LaTourette. “The Canoe Brook Floating Solar Facility project is an example of innovative leadership by critical partners in business and industry working hard to ensure the Garden State reduces its climate risk. My Department of Environmental Protection colleagues and I congratulate NJR Clean Energy Ventures and New Jersey American Water for their work on this project.”

 

“We are proud to see the largest floating solar facility in North America be built in New Jersey, It truly underscores the efforts that the New Jersey Board of Public Utilities puts towards a diverse, clean, energy future,” said Commissioner Mary-Anna Holden of the New Jersey Board of Public Utilities.

 

The Canoe Brook solar facility was placed into full commercial operation in January 2023. In addition to providing sustainable, clean energy, the array provides other benefits. The solar power produced is equal to removing 8,121 metric tons of greenhouse gas emissions from the atmosphere compared to traditional power sources. Floating solar panels can also help reduce evaporation, which protects the water source and benefits the environment.

 

Since 2009, CEV has invested over $1 billion in commercial and residential solar projects. As one of the largest solar owner/operators in that state, today it maintains 65 commercial solar assets across four states and a portfolio of more than 440 MW of installed capacity.

 

Canoe Brook is the second floating solar project in CEV’s portfolio. The first, a 4.4 MW array located in Sayreville, New Jersey, was placed into commercial operation in 2020.

 

For video footage of the Canoe Brook floating solar array, click the following link: https://drive.google.com/file/d/1wRKUlBz82zzp7985DvX_OnkoHUGi3VOx/view?usp=sharing

 

About New Jersey American Water

New Jersey American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.8 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on Twitter and Facebook.

 

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

  • New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,700 miles of natural gas transportation and distribution infrastructure to serve over 570,000 customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex, Sussex and Burlington counties.
  • Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of approximately 440 megawatts, providing residential and commercial customers with low-carbon solutions.
  • Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
  • Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River and the Adelphia Gateway Pipeline, as well as our 50% equity ownership in the Steckman Ridge natural gas storage facility.
  • Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

 

NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

 

For more information about NJR:

www.njresources.com.

Follow us on Twitter @NJNaturalGas.

“Like” us on facebook.com/NewJerseyNaturalGas.

Contacts

New Jersey American Water

Media: Denise Venuti Free

Mobile: 856-449-7357

Email: denise.free@amwater.com

New Jersey Resources

Media: Michael Kinney

Mobile: 732-684-3234

Email: mkinney@njresoruces.com

Investors: Adam Prior

Mobile: 732-938-1145

Email: aprior@njresources.com

Categories
Business Healthcare Lifestyle Science

Datopotamab deruxtecan combinations showed encouraging tumor responses in patients with advanced non-small cell lung cancer in TROPION-lung02 phase 1b trial

  • In previously untreated patients, Daiichi Sankyo and AstraZeneca’s datopotamab deruxtecan plus pembrolizumab with or without platinum chemotherapy demonstrated objective response rates of 57% and 50%, respectively, with a disease control rate of 91% across cohorts
  • Three ongoing pivotal trials are evaluating datopotamab deruxtecan and immune checkpoint inhibitor combinations in first-line non-small cell lung cancer

 

TOKYO & MUNICH & BASKING RIDGE, N.J. — (BUSINESS WIRE) — Updated results from the TROPION-Lung02 phase 1b trial showed that with additional enrollment and follow-up from the initial presentation datopotamab deruxtecan (Dato-DXd) in combination with pembrolizumab with or without platinum-based chemotherapy demonstrated promising clinical activity and no new safety signals in both previously untreated or pretreated patients with advanced or metastatic non-small cell lung cancer (NSCLC) without actionable genomic alterations (AGAs). Results will be presented on June 6 during an oral presentation (#9004) at the American Society of Clinical Oncology Annual Meeting (#ASCO23).

Datopotamab deruxtecan is a specifically engineered TROP2 directed DXd antibody drug conjugate (ADC) being jointly developed by Daiichi Sankyo (TSE: 4568) and AstraZeneca (LSE/STO/Nasdaq: AZN).

 

More than one million people are diagnosed with NSCLC at an advanced stage each year.1,2 While first-line treatment with immune checkpoint inhibitors with or without chemotherapy has improved outcomes for patients with NSCLC without AGAs, like EGFR or ALK, most patients eventually experience disease progression.3,4,5 TROP2 is a protein expressed in more than 90% of NSCLC tumors.6 There are currently no TROP2 directed ADCs approved for the treatment of lung cancer.7,8

 

Across previously untreated and pretreated patients, an objective response rate (ORR) of 38% was observed (95% confidence interval [CI]: 26-51) in patients receiving doublet datopotamab deruxtecan plus pembrolizumab (Merck & Co., Inc., Rahway, NJ, USA), an anti-PD-1 therapy. In patients receiving triplet datopotamab deruxtecan plus pembrolizumab and platinum chemotherapy, an ORR of 49% was observed (95% CI: 37-61). Disease control rates (DCR) of 84% and 87% were observed in the doublet and triplet cohorts, respectively. Median duration of response (DoR) was not reached across cohorts. Although immature, median progression-free survival (PFS) was 8.3 months (95% CI: 6.8-11.8) in the doublet cohort and 7.8 months (95% CI: 5.6-11.1) in the triplet cohort. Response rates were highest in previously untreated patients with ORRs of 50% (95% CI: 32-68) and 57% (95% CI: 42-70) observed in the doublet and triplet cohorts, respectively, with a consistent DCR of 91% observed across cohorts.

 

Nearly all patients with advanced non-small cell lung cancer experience disease progression following initial therapy, underscoring the need for novel therapeutic approaches across treatment lines,” said Yasushi Goto, MD, Division of Internal Medicine and Thoracic Oncology, National Cancer Center Hospital, Tokyo, Japan. “The updated results from TROPION-Lung02 signal the potential for datopotamab deruxtecan combinations to improve outcomes for patients with non-small cell lung cancer and are a promising development in the pursuit of a new standard treatment option beyond immunotherapy.”

 

The safety profiles of datopotamab deruxtecan-based combinations were consistent with previous data with no new safety signals observed. Grade 3 or greater treatment-related adverse events (TRAEs) occurred in 31% of patients receiving doublet therapy and 58% of patients receiving triplet therapy. The most frequent adverse events of any grade in the doublet and triplet cohorts, respectively, were stomatitis (56% and 35%), nausea (41% and 47%), anemia (21% and 48%) and fatigue (31% and 37%). Across treatment cohorts, there were 27 interstitial lung disease (ILD) or pneumonitis events adjudicated as drug-related by an independent committee. The percentage of ILD or pneumonitis events was similar across cohorts. The majority of ILD or pneumonitis events were low grade with 23 grade 1 or grade 2 and four grade 3 events. No grade 4 or grade 5 ILD or pneumonitis events or grade 5 TRAEs were observed.

 

We continue to be encouraged by the findings from TROPION-Lung02, the first trial to evaluate the combination of a TROP2 directed antibody drug conjugate and an immune checkpoint inhibitor with or without platinum chemotherapy in patients with advanced non-small cell lung cancer,” said Mark Rutstein, MD, Global Head, Oncology Clinical Development, Daiichi Sankyo. “These data, alongside previous results for datopotamab deruxtecan combined with an immune checkpoint inhibitor, reinforce the potential of these combinations to improve outcomes for patients with different advanced cancers.”

 

With more patients and nearly a year of additional follow-up, the updated TROPION-Lung02 results show that datopotamab deruxtecan continues to elicit promising and durable responses in a diverse subset of patients with non-small cell lung cancer,” said Cristian Massacesi, MD, Chief Medical Officer and Chief Development Officer, Oncology, AstraZeneca. “These early data give us confidence in the ongoing phase 3 development program evaluating datopotamab deruxtecan combinations as potential first-line treatment options for patients with advanced lung cancer across tumor histologies and PD-L1 expression levels.”

 

In the doublet cohort of TROPION-Lung02, 58% of patients were previously untreated and 42% were previously treated with platinum chemotherapy (38%) or immunotherapy (19%). In the triplet cohort, 75% of patients were previously untreated and 25% were previously treated with platinum chemotherapy (24%) or immunotherapy (25%). Eighty percent of patients in the doublet cohort and 73% of patients in the triplet cohort had PD-L1 tumor proportion scores of less than 50%, including 36% and 40% of patients who had PD-L1 tumor proportion scores of less than 1% in the doublet and triplet cohorts, respectively. As of the April 7, 2023 data cut-off, 36% and 46% of patients remained on the doublet and triplet therapy, respectively.

 

Summary of Efficacy Results

Overall Population

Doublet (n=64)

Triplet (n=72)

Study Duration (range)

14.8 months (1-30.2)

12.9 months (2.6-23.4)

Efficacy Measure

Doublet (n=61)

Triplet (n=71)

ORR, %i (confirmed and pending) (95% CI)

38% (n=23) (26-51)

49% (n=35) (37-61)

CR, % (confirmed)

0% (n=0)

1% (n=1)

CR, % (pending confirmation)

0% (n=0)

0% (n=0)

PR, % (confirmed)

34% (n=21)

48% (n=34)

PR, % (pending confirmation)

3% (n=2)

0% (n=0)

SD, %

49% (n=30)

38% (n=27)

Median DoR (months) (95% CI)

NE (8.8-NE)

NE (5.8-NE)

Median PFS (months) (95% CI)

8.3 months (6.8-11.8)

7.8 months (5.6-11.1)

DCR, % ii

84% (n=51)

87% (n=62)

First-Line Therapy

Efficacy Measure

Doublet (n=34)

Triplet (n=53)

ORR, %i (confirmed and pending) (95% CI)

50% (n=17) (32-68)

57% (n=30) (42-70)

CR, % (confirmed)

0% (n=0)

2% (n=1)

CR, % (pending confirmation)

0% (n=0)

0% (n=0)

PR, % (confirmed)

44% (n=15)

55% (n=29)

PR, % (pending confirmation)

6% (n=2)

0% (n=0)

SD, %

47% (n=16)

34% (n=18)

Median DoR (months) (95% CI)

NE (5.5-NE)

NE (5.7-NE)

DCR, %ii

91% (n=31)

91% (n=48)

CI, confidence interval; CR, complete response; DCR, disease control rate; DoR, duration of response; NE, not estimable; ORR, objective response rate; PFS, progression-free survival; PR, partial response; SD, stable disease

iORR is CR + PR

iiDCR is best overall response of confirmed CR + confirmed PR + SD

 

Daiichi Sankyo and AstraZeneca have three phase 3 trials evaluating datopotamab deruxtecan as a potential first-line treatment option for patients with advanced or metastatic NSCLC without AGAs compared to the respective standard of care for the patient population of each study. TROPION-Lung07 is evaluating datopotamab deruxtecan plus pembrolizumab with or without chemotherapy in patients with non-squamous disease and PD-L1 expression of less than 50%. TROPION-Lung08 is evaluating datopotamab deruxtecan plus pembrolizumab in patients with PD-L1 expression of 50% or greater. AVANZAR is evaluating datopotamab deruxtecan plus durvalumab and platinum chemotherapy in patients regardless of PD-L1 expression or tumor histology.

 

About TROPION-Lung02

TROPION-Lung02 is an ongoing global, open-label, six-cohort phase 1b trial evaluating the safety and efficacy of datopotamab deruxtecan at two dose levels (4 mg/kg and 6 mg/kg) in combination with pembrolizumab (200 mg) with or without four cycles of platinum chemotherapy (carboplatin or cisplatin) in patients with previously untreated or pretreated advanced or metastatic NSCLC without AGAs (e.g., EGFR, ALK, ROS1, NTRK, BRAF, RET, MET or other known AGAs).

 

The primary endpoints of TROPION-Lung02 are dose-limiting toxicities and treatment-emergent adverse events. Secondary endpoints include ORR, DoR, PFS as assessed by investigator, overall survival, pharmacokinetics and anti-drug antibodies for datopotamab deruxtecan and pembrolizumab.

 

TROPION-Lung02 is one of three clinical trials, alongside TROPION-Lung07 and TROPION-Lung08, in a collaboration and supply agreement between Daiichi Sankyo, AstraZeneca and a subsidiary of Merck & Co., Inc., Rahway, NJ., USA to evaluate the combination of datopotamab deruxtecan and pembrolizumab.

 

About Non-Small Cell Lung Cancer

More than one million people are diagnosed with advanced stage NSCLC each year.1,2 While targeted therapies and immune checkpoint inhibitors have improved patient outcomes, advanced NSCLC has a poor prognosis and is associated with worsening outcomes after each line of subsequent therapy.3,4,5

 

Most patients with NSCLC have tumors that do not express a known AGA (e.g., EGFR, ALK, ROS1, NTRK, BRAF, RET or MET).9,10,11 The current first-line standard of care for these patients is immune checkpoint inhibitors with or without platinum-based chemotherapy. Approximately 40% to 60% of tumors will not respond to this initial treatment and while these therapies may improve survival for patients whose tumors do respond, most will experience disease progression.5,7

 

TROP2, a transmembrane glycoprotein, is expressed in more than 90% of NSCLC tumors.6 There are currently no TROP2 directed ADCs approved for the treatment of lung cancer.

 

About the Daiichi Sankyo and AstraZeneca Collaboration

Daiichi Sankyo and AstraZeneca entered into a global collaboration to jointly develop and commercialize ENHERTU in March 2019 and datopotamab deruxtecan in July 2020, except in Japan where Daiichi Sankyo maintains exclusive rights for each ADC. Daiichi Sankyo is responsible for the manufacturing and supply of ENHERTU and datopotamab deruxtecan.

 

About Datopotamab Deruxtecan (Dato-DXd)

Datopotamab deruxtecan (Dato-DXd) is an investigational TROP2 directed ADC. Designed using Daiichi Sankyo’s proprietary DXd ADC technology, datopotamab deruxtecan is one of the three lead ADCs in the oncology pipeline of Daiichi Sankyo, and one of the most advanced programs in AstraZeneca’s ADC scientific platform. Datopotamab deruxtecan is comprised of a humanized anti-TROP2 IgG1 monoclonal antibody, developed in collaboration with Sapporo Medical University, attached to a number of topoisomerase I inhibitor payloads, an exatecan derivative, via tetrapeptide-based cleavable linkers.

 

A comprehensive development program called TROPION is underway globally with more than 12 trials evaluating the efficacy and safety of datopotamab deruxtecan across multiple tumors, including NSCLC, triple negative breast cancer and hormone receptor positive, HER2 low or negative breast cancer. Beyond the TROPION program, datopotamab deruxtecan is also being evaluated in novel combinations in several ongoing trials.

 

About the DXd ADC Portfolio of Daiichi Sankyo

The DXd ADC portfolio of Daiichi Sankyo currently consists of five ADCs in clinical development across multiple types of cancer. The company’s clinical trial stage DXd ADCs include ENHERTU, a HER2 directed ADC, and datopotamab deruxtecan (Dato-DXd), a TROP2 directed ADC, which are being jointly developed and commercialized globally with AstraZeneca; and patritumab deruxtecan (HER3-DXd), a HER3 directed ADC. Two additional ADCs including ifinatamab deruxtecan (I-DXd; DS-7300), a B7-H3 directed ADC, and raludotatug deruxtecan (R-DXd; DS-6000), a CDH6 directed ADC, are being developed through a strategic early-stage research collaboration with Sarah Cannon Research Institute.

 

Designed using Daiichi Sankyo’s proprietary DXd ADC technology to target and deliver a cytotoxic payload inside cancer cells that express a specific cell surface antigen, each ADC consists of a monoclonal antibody attached to a number of topoisomerase I inhibitor payloads (an exatecan derivative, DXd) via tetrapeptide-based cleavable linkers.

 

Datopotamab deruxtecan, ifinatamab deruxtecan, patritumab deruxtecan and raludotatug deruxtecan are investigational medicines that have not been approved for any indication in any country. Safety and efficacy have not been established.

 

About Daiichi Sankyo

Daiichi Sankyo is dedicated to creating new modalities and innovative medicines by leveraging our world-class science and technology for our purpose “to contribute to the enrichment of quality of life around the world.” In addition to our current portfolio of medicines for cancer and cardiovascular disease, Daiichi Sankyo is primarily focused on developing novel therapies for people with cancer as well as other diseases with high unmet medical needs. With more than 100 years of scientific expertise and a presence in more than 20 countries, Daiichi Sankyo and its 17,000 employees around the world draw upon a rich legacy of innovation to realize our 2030 Vision to become an “Innovative Global Healthcare Company Contributing to the Sustainable Development of Society.” For more information, please visit: www.daiichisankyo.com.

 

References
1 Siegel R, et al. CA Cancer J Clin. 2021;71:7-33.

2 World Health Organization. International Agency for Research on Cancer. Lung Fact Sheet. Accessed June 2023.

3 Shields MD, et al. Am Soc Clin Oncol Educ Book. 2021;41:1-23.

4 Walsh RJ, et al. Ther Adv Med Oncol. 2020;12:1758835920937902.

5 Paz-Ares L, et al. J Thorac Oncol. 2020 Oct;15(10):1657-1669.

6 Mito R, et al. Pathol Int. 2020;70(5):287-294.

7 Rodríguez-Abreu D et al. Ann Onc. 2021 Jul;32(7):881-895.

8 American Cancer Society. Targeted Drug Therapy for Non-Small Cell Lung Cancer. Accessed June 2023.

9 Chen R, et al. J Hematol Oncol. 2020;13(1):58.

10 Majeed U, et al. J Hematol Oncol. 2021;14(1):108.

11 Adib E, et al. Genome Med. 2022;14(1):39.

Contacts

Global:
Jennifer Brennan

Daiichi Sankyo, Inc.

jbrennan2@dsi.com
+1 908 900 3183 (mobile)

Japan:
Koji Ogiwara

Daiichi Sankyo Co., Ltd.

ogiwara.koji.ay@daiichisankyo.co.jp
+81 3 6225 1126 (office)

Investor Relations Contact:
DaiichiSankyoIR@daiichisankyo.co.jp

Categories
Business Healthcare Lifestyle Science

ENHERTU® demonstrated clinically meaningful and durable responses in patients across multiple HER2 expressing advanced solid tumors

  • Daiichi Sankyo and AstraZeneca’s ENHERTU showed an objective response rate of 37.1% in the overall population of the DESTINY-PanTumor02 phase 2 trial
  • ENHERTU is the first therapy to show broad activity across HER2 expressing advanced solid tumors where there are currently no approved HER2 directed therapies
  • DESTINY-CRC02 phase 2 trial also demonstrated positive antitumor activity and consistent safety in patients with previously treated HER2 positive metastatic colorectal cancer

 

TOKYO & MUNICH & BASKING RIDGE, N.J. — (BUSINESS WIRE) — Positive results from an interim analysis of the ongoing DESTINY-PanTumor02 phase 2 trial showed that ENHERTU® (trastuzumab deruxtecan) demonstrated clinically meaningful and durable responses across a broad range of HER2 expressing advanced solid tumors in previously treated patients. These results will be presented today as a late-breaking oral presentation (abstract #LBA3000) at the 2023 American Society of Clinical Oncology (ASCO) Annual Meeting.

ENHERTU is a specifically engineered HER2 directed antibody drug conjugate (ADC) being jointly developed and commercialized by Daiichi Sankyo (TSE: 4568) and AstraZeneca (LSE/STO/Nasdaq: AZN).

 

In the trial, previously treated patients (n=267) with HER2 expressing advanced solid tumors including biliary tract, bladder, cervical, endometrial, ovarian, pancreatic cancers or other tumors were treated with ENHERTU. The results showed a confirmed objective response rate (ORR) of 37.1% as assessed by investigator at an interim analysis. Complete response (CR) was achieved in 5.6% (n=15) of patients, 31.5% (n=84) achieved a partial response (PR) and 46.1% (n=123) had stable disease. The disease control rate (DCR) in the overall trial population was 68.2% as assessed by investigator at an interim analysis. The highest response rates were seen in patients with tumor HER2 expression of immunohistochemistry (IHC) 3+ as confirmed by central testing, where ENHERTU demonstrated a confirmed ORR of 61.3%.

 

Nearly half (49.6%) of all patients in DESTINY-PanTumor02 who achieved a response remained in response at one year. Median duration of response (DoR) was 11.8 months (95% confidence interval [CI]: 9.8-NE) in the overall trial population and 22.1 months (95% CI: 9.3-NE) in patients with IHC 3+ expression.

 

The DESTINY-PanTumor02 data showed encouraging and durable response rates across a broad range of HER2 expressing solid tumors where there are currently no approved HER2 targeted treatments,” said Funda Meric-Bernstam, MD, Chair of the Department of Investigational Cancer Therapeutics at The University of Texas MD Anderson Cancer Center and Principal Investigator for the trial. “Based on these results, ENHERTU has the potential to benefit specific patients with HER2 expressing advanced disease who currently have limited options and may face a poor prognosis.”

 

The safety profile observed in DESTINY-PanTumor02 was consistent with previous clinical trials of ENHERTU with no new safety concerns identified. Grade 3 or higher treatment related treatment emergent adverse events (TEAEs) occurred in 38.6% of patients. The most common grade 3 or higher treatment related TEAEs occurring in ≥5% of patients were neutropenia (19.1%), anemia (8.6%), fatigue (6.0%) and thrombocytopenia (5.2%). In DESTINY-PanTumor02, 7.5% of patients experienced interstitial lung disease (ILD) or pneumonitis related to treatment with ENHERTU as determined by an independent adjudication committee. The majority of ILD or pneumonitis events were low grade (grade 1 or 2) with one grade 3 event, no grade 4 events and one grade 5 event observed.

 

Nearly half of patients who achieved a response with ENHERTU as a late-line treatment for HER2 expressing advanced solid tumors in DESTINY-PanTumor02 remained in response at one year, demonstrating the potential of this important medicine to provide benefit to patients with hard-to-treat cancers in need of new options,” said Mark Rutstein, MD, Global Head, Oncology Development, Daiichi Sankyo. “The results further reinforce the important role of antibody drug conjugates like ENHERTU to provide potential new solutions to advance current standards of care in areas of high unmet need and improve the outcomes of patients.”

 

While HER2 is an established biomarker in breast, gastric, lung and colorectal cancers, data from the DESTINY-PanTumor02 trial validate HER2 as an actionable biomarker across a broad range of tumor types,” said Cristian Massacesi, MD, Chief Medical Officer and Oncology Chief Development Officer, AstraZeneca. “ENHERTU is the first treatment to demonstrate broad activity across HER2 expressing solid tumors where there are currently no approved HER2 directed therapies. These data will support our ongoing conversations with global health authorities as we look to bring ENHERTU to as many patients as possible.”

 

In DESTINY-PanTumor02, patients had received a median of two prior cancer therapies (range: 0-13). Of the 267 patients that had received treatment, 75 were IHC 3+ and 125 were IHC 2+ as determined by central testing. As of data cut-off on November 16, 2022, 44 patients remained on treatment.

 

Summary of DESTINY-PanTumor02 Results

Efficacy Measure

All Patients

Cervical

Endometrial

Ovarian

BTC

Pancreatic

Bladder

Otheri

All IHC Expression Levelsii

(N)

267

40

40

40

41

25

41

40

Confirmed ORR (%)

(Investigator Assessed)

37.1%

50.0%

57.5%

45.0%

22.0%

4.0%

39.0%

30.0%

CR (%)

5.6%

(n=15)

5.0%

(n=2)

17.5%

(n=7)

10.0%

(n=4)

2.4%

(n=1)

0%

(n=0)

2.4%

(n=1)

0%

(n=0)

PR (%)

31.5%

(n=84)

45.0%

(n=18)

40.0%

(n=16)

35.0%

(n=14)

19.5%

(n=8)

4.0%

(n=1)

36.6%

(n=15)

30.0%

(n=12)

SD (%)

46.1%

(n=123)

30.0%

(n=12)

32.5%

(n=13)

35.0%

(n=14)

61.0%

(n=25)

68.0%

(n=17)

43.9%

(n=18)

60.0%

(n=24)

PD (%)

15.7%

(n=42)

17.5%

(n=7)

10.0%

(n=4)

17.5%

(n=7)

17.1%

(n=7)

28.0%

(n=7)

17.1%

(n=7)

7.5%

(n=3)

DCRiii at 12 weeks (%)

68.2%

(n=182)

67.5%

(n=27)

80.0%

(n=32)

70.0%

(n=28)

65.9%

(n=27)

36.0%

(n=9)

70.7%

(n=29)

75.0%

(n=30)

Median DoR, months (95% CI)

11.8

(9.8-NE)

9.8

(4.2-NE)

NR

(9.9-NE)

11.3

(4.1-NE)

8.6

(2.1-NE)

NR

8.7

(4.3-11.8)

NR

(4.1-NE)

IHC 3+ii

(N)

75

8

13

11

16

2

16

9

Confirmed ORR (%)

61.3%

75.0%

84.6%

63.6%

56.3%

0.0%

56.3%

44.4%

IHC 2+ii

(N)

125

20

17

19

14

19

20

16

Confirmed ORR (%)

27.2%

40.0%

47.1%

36.8%

0.0%

5.3%

35.0%

18.8%

BTC, biliary tract cancer; CI, confidence interval; CR, complete response; DCR, disease control rate; DoR, duration of response; IHC, immunohistochemistry; NE, not estimable; NR, not reached; ORR, objective response rate; PD, progressive disease; PR, partial response; SD, stable disease

iResponses in extramammary Paget disease, head and neck cancer, oropharyngeal neoplasm and salivary gland cancer

iiIHC based on central HER2 testing; 67 patients had IHC 1+ (n=25), IHC 0 (n=30) or unknown IHC status (n=12) by central testing

iiiConfirmed complete response, confirmed partial response or stable disease

 

DESTINY-CRC02 Primary Results

Primary results from the DESTINY-CRC02 phase 2 trial, which evaluated ENHERTU at the 5.4 mg/kg and 6.4 mg/kg doses in patients with previously treated locally advanced, unresectable or metastatic HER2 positive (IHC 3+ or IHC 2+/in-situ hybridization [ISH]+) colorectal cancer of BRAF wild-type, RAS wild-type or RAS mutant tumor types, also were presented at ASCO.

 

Analysis of the primary endpoint showed that ENHERTU achieved a confirmed ORR of 37.8% (95% CI: 27.3-49.2) in patients treated with the 5.4 mg/kg dose (n=82) and 27.5% (95% CI: 14.6-43.9) in patients treated with the 6.4 mg/kg dose (n=40) as assessed by blinded independent central review (BICR). All responses were partial (n=31 [5.4 mg/kg]; n=11 [6.4 mg/kg]) with 48.8% of patients in the 5.4 mg/kg arm and 57.5% of patients in the 6.4 mg/kg arm achieving stable disease. Greater efficacy was observed in patients with the highest levels of HER2 expression (IHC 3+) (46.9% ORR [95% CI: 34.3-59.8]) compared to those with IHC 2+/ISH+ HER2 status in the 5.4 mg/kg treatment arm (5.6% ORR [95% CI: 0.1-27.3]). Antitumor efficacy was observed regardless of RAS mutation status (39.7% ORR with RAS mutations; 28.6% ORR without RAS mutations) and in those with prior HER2 directed therapy (41.2% ORR) in the 5.4 mg/kg arm.

 

With a median duration of follow-up of 8.9 months and 10.3 months in the 5.4 mg/kg and 6.4 mg/kg arms respectively, ENHERTU also demonstrated a median DoR of 5.5 months in both the 5.4 mg/kg (95% CI: 4.2-8.1) and 6.4 mg/kg (95% CI: 3.7-NE) arms. Median progression-free survival (PFS) was 5.8 months (95% CI: 4.6-7.0) in the 5.4 mg/kg arm and 5.5 months (95% CI: 4.2-7.0) in the 6.4 mg/kg arm. Median overall survival (OS) was 13.4 months (95% CI: 12.5-16.8) in the 5.4 mg/kg arm and not reached (95% CI: 9.9-NE) in the 6.4 mg/kg arm.

 

The safety profile observed in DESTINY-CRC02 at the 5.4 mg/kg and 6.4 mg/kg dose levels was consistent with other clinical trials of ENHERTU, with no new safety signals identified at either dose. A more favorable benefit-risk profile was observed in patients treated with ENHERTU 5.4 mg/kg resulting in its selection as the recommended dose. Grade 3 or higher treatment related TEAEs were numerically higher with ENHERTU 6.4 mg/kg versus 5.4 mg/kg. Grade 3 or higher treatment related TEAEs occurred in 41.0% and 48.7% of patients receiving ENHERTU 5.4 mg/kg or 6.4 mg/kg, respectively. The most common grade 3 or higher TEAEs occurring in ≥10% of patients receiving ENHERTU were neutropenia (16.9% [5.4 mg/kg]; 28.2% [6.4 mg/kg]), anemia (9.6% [5.4 mg/kg]; 23.1% [6.4 mg/kg]) and thrombocytopenia (6.0% [5.4 mg/kg]; 12.8% [6.4 mg/kg]). There were 12 cases of treatment related ILD or pneumonitis reported as determined by an independent adjudication committee (8.4% [n=7/83] in the 5.4 mg/kg arm; 12.8% [n=5/39] in the 6.4 mg/kg arm). The majority of ILD or pneumonitis events (8.4% [5.4 mg/kg]; 10.2% [6.4 mg/kg]) were low grade (grade 1 or 2) with no grade 3, no grade 4 and one grade 5 event observed (2.6% [6.4 mg/kg]).

 

The results of DESTINY-CRC02 support 5.4 mg/kg as the optimal dose of ENHERTU monotherapy in patients with HER2 positive metastatic colorectal cancer.

 

About DESTINY-PanTumor02

DESTINY-PanTumor02 is a global, multicenter, multi-cohort, open-label phase 2 trial evaluating the efficacy and safety of ENHERTU (5.4 mg/kg) for the treatment of previously treated HER2 expressing tumors, including biliary tract cancer, bladder cancer, cervical cancer, endometrial cancer, ovarian cancer, pancreatic cancer and other tumors. The primary efficacy endpoint of DESTINY-PanTumor02 is confirmed ORR as assessed by investigator. Secondary endpoints include DoR, DCR, PFS, OS, safety, tolerability and pharmacokinetics. DESTINY-PanTumor02 has enrolled 267 patients at multiple sites in Asia, Europe and North America. For more information about the trial, visit ClinicalTrials.gov.

 

About DESTINY-CRC02

DESTINY-CRC02 is a global, randomized, two arm, parallel, multicenter phase 2 trial evaluating the efficacy and safety of two doses (5.4 mg/kg or 6.4 mg/kg) of ENHERTU in patients with locally advanced, unresectable or metastatic HER2 positive colorectal cancer of BRAF wild-type, or RAS wild-type and RAS mutant tumor types previously treated with standard therapy. The trial was conducted in two stages. In the first stage, patients (n=80) were randomized 1:1 to receive either 5.4 mg/kg or 6.4 mg/kg of ENHERTU. In the second stage, additional patients (n=42) were enrolled in the 5.4 mg/kg arm. The primary endpoint is confirmed ORR as assessed by BICR. Secondary endpoints include DoR, DCR, investigator-assessed confirmed ORR, clinical benefit ratio, PFS, OS and safety. DESTINY-CRC02 enrolled 122 patients at multiple sites in Asia, Europe and North America. For more information about the trial, visit ClinicalTrials.gov.

 

About HER2 Expression in Solid Tumors

HER2 is a tyrosine kinase receptor growth-promoting protein expressed on the surface of various tissue cells throughout the body and is involved in normal cell growth.1,2 In some cancers, HER2 expression is amplified or the cells have activating mutations.1,3 HER2 protein overexpression may occur as a result of HER2 gene amplification and is often associated with aggressive disease and poor prognosis.4

 

While HER2 directed therapies have been used to treat breast, gastric, lung and colorectal cancers, more research is needed evaluating their potential role in treating other HER2 expressing tumor types.2,5,6

 

HER2 is an emerging biomarker in biliary tract, bladder, cervical, endometrial, ovarian and pancreatic cancers.3 Testing is not routinely performed in these additional tumor types and as a result, available literature is limited. HER2 overexpression (IHC 3+) has been observed at rates from 1% to 28% in these solid tumors.7, 8 There is an unmet need for effective therapies for certain HER2 expressing solid tumors, particularly for those who have progressed on or are refractory to standard of care therapies as there are currently no approved HER2 directed therapies for these cancers.2,9

 

Colorectal cancer is the third most common and second most common cause of cancer deaths worldwide with more than 1.9 million patients diagnosed and more than 935,000 deaths globally in 2020.10 Approximately 25% of patients have metastatic disease at diagnosis, meaning the disease has spread to distant organs and about 50% of patients with colorectal cancer will eventually develop metastases.11 For patients with metastatic disease, approximately 2% to 3% are HER2 overexpressing.6,12

 

About ENHERTU

ENHERTU (trastuzumab deruxtecan; fam-trastuzumab deruxtecan-nxki in the U.S. only) is a HER2 directed ADC. Designed using Daiichi Sankyo’s proprietary DXd ADC technology, ENHERTU is the lead ADC in the oncology portfolio of Daiichi Sankyo and the most advanced program in AstraZeneca’s ADC scientific platform. ENHERTU consists of a HER2 monoclonal antibody attached to a topoisomerase I inhibitor payload, an exatecan derivative, via a stable tetrapeptide-based cleavable linker.

 

ENHERTU (5.4 mg/kg) is approved in more than 50 countries for the treatment of adult patients with unresectable or metastatic HER2 positive breast cancer who have received a (or one or more) prior anti-HER2-based regimen, either in the metastatic setting or in the neoadjuvant or adjuvant setting, and have developed disease recurrence during or within six months of completing therapy based on the results from the DESTINY-Breast03 trial.

 

ENHERTU (5.4 mg/kg) is approved in more than 40 countries for the treatment of adult patients with unresectable or metastatic HER2 low (IHC 1+ or IHC 2+/in-situ hybridization (ISH)-) breast cancer who have received a prior systemic therapy in the metastatic setting or developed disease recurrence during or within six months of completing adjuvant chemotherapy based on the results from the DESTINY-Breast04 trial.

 

ENHERTU (5.4 mg/kg) is approved in Israel and under accelerated approval in the U.S. for the treatment of adult patients with unresectable or metastatic non-small cell lung cancer (NSCLC) whose tumors have activating HER2 (ERBB2) mutations, as detected by an FDA-approved test, and who have received a prior systemic therapy based on the results from the DESTINY-Lung02 trial. Continued approval in the U.S. for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial.

 

ENHERTU (6.4 mg/kg) is approved in more than 30 countries for the treatment of adult patients with locally advanced or metastatic HER2 positive gastric or gastroesophageal junction (GEJ) adenocarcinoma who have received a prior trastuzumab-based regimen based on the results from the DESTINY-Gastric01 and/or DESTINY-Gastric02 trials.

 

About the ENHERTU Clinical Development Program

A comprehensive global development program is underway evaluating the efficacy and safety of ENHERTU monotherapy across multiple HER2 targetable cancers. Trials in combination with other anticancer treatments, such as immunotherapy, also are underway.

 

About the Daiichi Sankyo and AstraZeneca Collaboration

Daiichi Sankyo and AstraZeneca entered into a global collaboration to jointly develop and commercialize ENHERTU in March 2019 and datopotamab deruxtecan (Dato-DXd) in July 2020, except in Japan where Daiichi Sankyo maintains exclusive rights for each ADC. Daiichi Sankyo is responsible for the manufacturing and supply of ENHERTU and datopotamab deruxtecan.

 

About the DXd ADC Portfolio of Daiichi Sankyo

The DXd ADC portfolio of Daiichi Sankyo currently consists of five ADCs in clinical development across multiple types of cancer. The company’s clinical trial stage DXd ADCs include ENHERTU, a HER2 directed ADC, and datopotamab deruxtecan (Dato-DXd), a TROP2 directed ADC, which are being jointly developed and commercialized globally with AstraZeneca; and patritumab deruxtecan (HER3-DXd), a HER3 directed ADC. Two additional ADCs including ifinatamab deruxtecan (I-DXd; DS-7300), a B7-H3 directed ADC, and raludotatug deruxtecan (R-DXd; DS-6000), a CDH6 directed ADC, are being developed through a strategic early-stage research collaboration with Sarah Cannon Research Institute.

 

Designed using Daiichi Sankyo’s proprietary DXd ADC technology, each ADC targets and delivers a cytotoxic payload inside cancer cells that express a specific cell surface antigen. Each ADC consists of a monoclonal antibody attached to a number of topoisomerase I inhibitor payloads (an exatecan derivative, DXd) via tetrapeptide-based cleavable linkers.

 

Datopotamab deruxtecan, ifinatamab deruxtecan, patritumab deruxtecan and raludotatug deruxtecan are investigational medicines that have not been approved for any indication in any country. Safety and efficacy have not been established.

 

ENHERTU U.S. Important Safety Information

Indications

 

ENHERTU is a HER2-directed antibody and topoisomerase inhibitor conjugate indicated for the treatment of adult patients with:

  • Unresectable or metastatic HER2-positive breast cancer who have received a prior anti-HER2-based regimen either:

– In the metastatic setting, or

– In the neoadjuvant or adjuvant setting and have developed disease recurrence during or within six months of completing therapy

  • Unresectable or metastatic HER2-low (IHC 1+ or IHC 2+/ISH-) breast cancer, as determined by an FDA-approved test, who have received a prior chemotherapy in the metastatic setting or developed disease recurrence during or within 6 months of completing adjuvant chemotherapy
  • Unresectable or metastatic non-small cell lung cancer (NSCLC) whose tumors have activating HER2 (ERBB2) mutations, as detected by an FDA-approved test, and who have received a prior systemic therapy

    This indication is approved under accelerated approval based on objective response rate and duration of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial.

  • Locally advanced or metastatic HER2-positive gastric or gastroesophageal junction adenocarcinoma who have received a prior trastuzumab-based regimen

 

WARNING: INTERSTITIAL LUNG DISEASE and EMBRYO-FETAL TOXICITY

  • Interstitial lung disease (ILD) and pneumonitis, including fatal cases, have been reported with ENHERTU. Monitor for and promptly investigate signs and symptoms including cough, dyspnea, fever, and other new or worsening respiratory symptoms. Permanently discontinue ENHERTU in all patients with Grade 2 or higher ILD/pneumonitis. Advise patients of the risk and to immediately report symptoms.
  • Exposure to ENHERTU during pregnancy can cause embryo-fetal harm. Advise patients of these risks and the need for effective contraception.

 

Contraindications

None.

Warnings and Precautions

Interstitial Lung Disease / Pneumonitis

Severe, life-threatening, or fatal interstitial lung disease (ILD), including pneumonitis, can occur in patients treated with ENHERTU. A higher incidence of Grade 1 and 2 ILD/pneumonitis has been observed in patients with moderate renal impairment. Advise patients to immediately report cough, dyspnea, fever, and/or any new or worsening respiratory symptoms. Monitor patients for signs and symptoms of ILD. Promptly investigate evidence of ILD. Evaluate patients with suspected ILD by radiographic imaging. Consider consultation with a pulmonologist. For asymptomatic ILD/pneumonitis (Grade 1), interrupt ENHERTU until resolved to Grade 0, then if resolved in ≤28 days from date of onset, maintain dose. If resolved in >28 days from date of onset, reduce dose one level. Consider corticosteroid treatment as soon as ILD/pneumonitis is suspected (e.g., ≥0.5 mg/kg/day prednisolone or equivalent). For symptomatic ILD/pneumonitis (Grade 2 or greater), permanently discontinue ENHERTU. Promptly initiate systemic corticosteroid treatment as soon as ILD/pneumonitis is suspected (e.g., ≥1 mg/kg/day prednisolone or equivalent) and continue for at least 14 days followed by gradual taper for at least 4 weeks.

 

Metastatic Breast Cancer and HER2-Mutant NSCLC (5.4 mg/kg)

In patients with metastatic breast cancer and HER2-mutant NSCLC treated with ENHERTU 5.4 mg/kg, ILD occurred in 12% of patients. Fatal outcomes due to ILD and/or pneumonitis occurred in 1.0% of patients treated with ENHERTU. Median time to first onset was 5 months (range: 0.9 to 23).

 

Locally Advanced or Metastatic Gastric Cancer (6.4 mg/kg)

In patients with locally advanced or metastatic HER2-positive gastric or GEJ adenocarcinoma treated with ENHERTU 6.4 mg/kg, ILD occurred in 10% of patients. Median time to first onset was 2.8 months (range: 1.2 to 21).

 

Neutropenia

Severe neutropenia, including febrile neutropenia, can occur in patients treated with ENHERTU. Monitor complete blood counts prior to initiation of ENHERTU and prior to each dose, and as clinically indicated. For Grade 3 neutropenia (Absolute Neutrophil Count [ANC] <1.0 to 0.5 x 109/L), interrupt ENHERTU until resolved to Grade 2 or less, then maintain dose. For Grade 4 neutropenia (ANC <0.5 x 109/L), interrupt ENHERTU until resolved to Grade 2 or less, then reduce dose by one level. For febrile neutropenia (ANC <1.0 x 109/L and temperature >38.3º C or a sustained temperature of ≥38º C for more than 1 hour), interrupt ENHERTU until resolved, then reduce dose by one level.

 

Metastatic Breast Cancer and HER2-Mutant NSCLC (5.4 mg/kg)

In patients with metastatic breast cancer and HER2-mutant NSCLC treated with ENHERTU 5.4 mg/kg, a decrease in neutrophil count was reported in 65% of patients. Sixteen percent had Grade 3 or 4 decreased neutrophil count. Median time to first onset of decreased neutrophil count was 22 days (range: 2 to 664). Febrile neutropenia was reported in 1.1% of patients.

 

Locally Advanced or Metastatic Gastric Cancer (6.4 mg/kg)

In patients with locally advanced or metastatic HER2-positive gastric or GEJ adenocarcinoma treated with ENHERTU 6.4 mg/kg, a decrease in neutrophil count was reported in 72% of patients. Fifty-one percent had Grade 3 or 4 decreased neutrophil count. Median time to first onset of decreased neutrophil count was 16 days (range: 4 to 187). Febrile neutropenia was reported in 4.8% of patients.

 

Left Ventricular Dysfunction

Patients treated with ENHERTU may be at increased risk of developing left ventricular dysfunction. Left ventricular ejection fraction (LVEF) decrease has been observed with anti-HER2 therapies, including ENHERTU. Assess LVEF prior to initiation of ENHERTU and at regular intervals during treatment as clinically indicated.

Contacts

Media:
Global:
Jennifer Brennan

Daiichi Sankyo, Inc.

jbrennan2@dsi.com
+1 908 900 3183 (mobile)

Japan:
Koji Ogiwara

Daiichi Sankyo Co., Ltd.

ogiwara.koji.ay@daiichisankyo.co.jp
+81 3 6225 1126 (office)

Investor Relations:
DaiichiSankyoIR@daiichisankyo.co.jp

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