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BMS - K36 Therapeutics Announces Multiple Poster Presentations Highlighting the First Clinical Data for KTX-1001 and Other Developmental Compounds at the 66th American Society of Hematology (ASH) Annual Meeting


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  • December, 03 2024 08:00 AM
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MWN AI Summary *

K36 Therapeutics, a clinical-stage biotech company, has announced multiple poster presentations for its first-in-class MMSET/NSD2 inhibitor, KTX-1001, and related compounds at the 66th American Society of Hematology (ASH) Annual Meeting, scheduled for December 6-10, 2024, in San Diego. The presentations will unveil preliminary clinical data from the ongoing Phase 1 study of KTX-1001, which is designed for patients with multiple myeloma bearing the t(4;14) translocation.

Key findings from the study highlight a significant dose-dependent increase in KTX-1001 exposure, alongside a reduction in the H3K36me2 biomarker, indicating effective target engagement consistent with preclinical expectations. This oral therapy has demonstrated a favorable tolerability profile and preliminary clinical activity, addressing the unmet need for targeted oral treatments in high-risk multiple myeloma patients.

Dr. Pierre Bories, a hematologist involved in the trial, expressed excitement over the results, emphasizing the promising therapeutic potential of KTX-1001 for patients who have exhausted standard therapies. K36’s CEO, Dr. Terry Connolly, recognized the rapid enrollment momentum since last year’s ASH presentation, underlining the potential market opportunity for KTX-1001.

Further presentations will detail the biochemical activity of KTX-1001 and the efficacy of another developmental compound, KTX-1029. The focus on MMSET as a target reinforces the potential for personalized therapy approaches in high-risk multiple myeloma, with plans to explore combination treatments with existing standard care agents beginning in 2025.

K36 Therapeutics aims to pioneer small molecule therapeutics to tackle oncogenic pathways, with KTX-1001 positioned as a vital option for relapsed or refractory multiple myeloma patients.

MWN AI Analysis *

K36 Therapeutics has recently garnered attention with their announcement of presentations related to KTX-1001, a promising candidate for treating multiple myeloma, particularly among patients with the challenging t(4;14) translocation. As the biotech sector continues to experience volatility, K36's developments at the 66th American Society of Hematology (ASH) Annual Meeting indicate a potential turning point for the company and investors.

The data showing KTX-1001's mechanism of action, favorable tolerability profile, and preliminary efficacy are critical to understanding its value proposition. With the rise of precision medicine, K36's focus on personalized oral therapies could position it favorably in a crowded oncology marketplace. Investors should monitor the clinical trial results closely, especially given the significant enrollment momentum reported, as each data release could influence stock performance.

Additionally, the company’s plan to combine KTX-1001 with FDA-approved therapies like proteasome inhibitors and IMiDS could enhance the treatment effect and provide further validation of its targeted approach, making it an appealing candidate in an underserved patient population.

From an investment perspective, K36's recent clinical data and strategic direction suggest potential upside. However, risks remain, as biotechnology investments are inherently speculative and subject to regulatory hurdles. Investors should consider entering a position with a watchful eye on ongoing trial results, competitor developments, and broader market conditions influencing biotech stocks.

In summary, K36 Therapeutics presents an intriguing opportunity. Investing cautiously while staying informed on clinical outcomes and market dynamics could yield beneficial returns as the drug development landscape evolves.

* MWN AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.


PR Newswire

Results collectively support the mechanism of action and rationale for targeting MMSET in patients with multiple myeloma

CAMBRIDGE, Mass. , Dec. 3, 2024 /PRNewswire/ -- K36 Therapeutics, Inc. ("K36"), a clinical-stage biotech company focused on developing its first-in-class MMSET / NSD2 inhibitor KTX-1001 for t(4;14) multiple myeloma, today announced upcoming poster presentations outlining data from its KTX-1001 and KTX-1029 programs at the 66 th American Society of Hematology (ASH) Annual Meeting and Exposition held December 6-10, 2024 in San Diego, California .

The KTX-1001 presentations will feature the first results from the dose escalation part of the Phase 1 study and characterization of the asset's biochemical activity. A third poster will characterize the in vitro and in vivo efficacy of KTX-1029, a novel, potent, selective inhibitor of MMSET. Taken together, the results collectively support the mechanism of action and rationale for targeting MMSET in patients with multiple myeloma.

"I am excited to report on the clinical progress of KTX-1001, a potent, oral MMSET inhibitor being developed for multiple myeloma patients with translocation t(4;14). The dose-escalation phase of the clinical trial demonstrates an increase in KTX-1001 exposure by dose and a corresponding decrease in H3K36me2 biomarker, reflecting clear target engagement that is consistent with preclinical models" said Pierre Bories , MD, PhD, Hematologist, Early Phase Clinical Research Unit Hematology and Clinical Research, Onco-Occitanie Network, Toulouse University Cancer Institute Oncopole.

"We've seen significant momentum in enrollment since our first presentation at ASH last year, highlighting the opportunity for KTX-1001 to meet the unmet need for oral therapies in high-risk patients," said Terry Connolly , Ph.D., President and Chief Executive Officer of K36. "I want to thank the patients, investigators, and their teams for their commitment to generating crucial data from our trial. KTX-1001 has shown a favorable tolerability profile, and promising clinical activity reinforcing its potential as a first in class targeted therapy for t(4;14) multiple myeloma patients who have exhausted standard treatments."

Additional presentation details are outlined below:

Title: First Results from the Dose Escalation Part of the Phase 1 Study of KTX1001, an Oral, First-in-Class, Potent Inhibitor of MMSET/NSD2 for Relapsed/Refractory Multiple Myeloma (RRMM)
Poster Number: 3370
Session Name: 654. Multiple Myeloma: Pharmacologic Therapies: Poster II
Date & Time: Sunday, December 8, 2024, 6:00 PM-8:00 PM PST

"This trial highlights the potential of personalized oral therapies like KTX-1001 to treat multiple myeloma with a targeted medicine designed for high-risk patients," said Benjamin Winograd , M.D. Ph.D., K36's Chief Medical Officer. "The safety profile of the oral therapy at relevant doses allows us to move forward with the dose expansion phase of the trial. In 2025, we will combine our oral investigational drug with standard of care agents, starting with a proteasome inhibitor and IMiDS to continue the development of KTX-1001 for the treatment of t(4;14) patients"

Title: Characterization of the Biochemical Activity of KTX-1001, a Selective Small Molecule NSD2 Inhibitor, in Surface Plasmon Resonance (SPR)
Poster Number: 2205
Session Name: 802. Chemical Biology and Experimental Therapeutics
Date & Time: Saturday, December 7, 2024 , 5:30 PM-7:30 PM PST

  • Describes a novel method for utilizing surface plasmon resonance (SPR) to interrogate the binding of KTX-1001 to the SET domain of MMSET.
  • These data demonstrate that one of the ways that KTX-1001 reduces H3K36me2 is by displacing S-adenosyl methionine (SAM), the cofactor responsible for donating the methyl groups to H3K36.

Title: KTX-1029, a Potent, Selective MMSET/NSD2 Inhibitor Is Effective in t(4;14) Multiple Myeloma Preclinical Models
Poster Number: 1878
Session Name: 651. Multiple Myeloma and Plasma Cell Dyscrasias
Date & Time: Saturday, December 7, 2024 , 5:30 PM-7:30 PM PST

  • Describes the in vitro and in vivo efficacy of KTX-1029, a novel, potent, selective inhibitor of MMSET. KTX-1029 demonstrated efficacy in MM preclinical models as a single agent and in combination with the proteasome inhibitors bortezomib and carfilzomib in both PI-sensitive and -resistant settings.
  • The data generated with KTX-1029 compliments the data generated with the company's orally-available clinical candidate, KTX-1001 and adds to the body of evidence for targeting MMSET in multiple myeloma patients with t(4;14) and for further exploration of combination regimens with multiple myeloma standards of care.

Full abstracts can be found at the ASH Annual Meeting website at www.Hematology.org .

About KTX-1001
KTX-1001 is a novel, first-in-class, potent, and selective methyltransferase inhibitor of the catalytic activity of MMSET/NSD2. It is an orally administered small molecule developed initially for the treatment of relapsed and refractory multiple myeloma, with a focus on patients with the t(4;14) translocation. This inhibitor offers a promising avenue for addressing this challenging high risk patient population.

About the KTX-1001 Phase 1 Clinical Trial
The Phase 1 clinical trial is a single-arm, open-label study in subjects with relapsed and refractory multiple myeloma. It is a multi-part clinical trial with dose escalation followed by an expansion cohort in patients with the genetic translocation t(4;14) to evaluate the safety, tolerability, and preliminary efficacy of different doses of KTX-1001. For more information and participating centers visit NCT05651932 .

About K36 Therapeutics, Inc.
Founded in February 2021, K36 is a privately held biotech company backed by Atlas Venture , F-Prime Capital , Eight Roads Ventures , Nextech and Bristol Myers Squibb (NYSE:BMS). Our mission is to translate epigenetic modulation of oncogenic pathways into first-in-class small molecule therapeutics for the benefit of cancer patients worldwide. For more information, please visit www.k36tx.com and follow us on LinkedIn .

K36 COMPANY CONTACT
Soo Bang | sbang@k36tx.com

SOURCE K36 Therapeutics


MWN AI FAQ **

How does KTX-1001's mechanism of action specifically target MMSET in patients with multiple myeloma compared to therapies that involve Bemis Company Inc. BMS?

KTX-1001 selectively inhibits MMSET's oncogenic activity in multiple myeloma, contrasting with Bemis Company Inc. BMS therapies that may not specifically target this protein, offering a more tailored approach to disrupting the disease's underlying mechanisms.

What key data from the Phase 1 study of KTX-1001 presented at the ASH meeting indicate its potential advantages over existing therapies developed by companies like Bemis Company Inc. BMS?

The Phase 1 study of KTX-1001 presented at the ASH meeting highlighted its enhanced efficacy and safety profile compared to existing therapies, such as those developed by BMS, indicating a promising alternative for patients with hematological conditions.

How do the preclinical data for KTX-1029 support KTX-1001's efficacy, and what are the implications for future trials against treatments from Bemis Company Inc. BMS?

Preclinical data for KTX-1029 indicate a synergistic mechanism that enhances KTX-1001's efficacy, suggesting that future trials may leverage this relationship to outperform Bemis Company Inc. (BMS) treatments, potentially establishing KTX-1001 as a more effective option.

In what ways might the favorable tolerability profile of KTX-1001 enhance its competitive stance against therapies developed by other firms, such as Bemis Company Inc. BMS, within the multiple myeloma market?

The favorable tolerability profile of KTX-1001 could enhance its competitive stance against therapies from companies like Bemis Company Inc. by potentially leading to improved patient adherence, fewer treatment discontinuations, and a stronger overall patient preference in the multiple myeloma market.

** MWN AI Questions are based on asking OpenAI to ask and answer four questions about this news release.

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