NEWSLETTER VOLUME 7
In wrapping up the year, AGT was proud to be featured as a State of Maryland “Success Story” for its growth in Maryland and achievements in the gene and cell therapy industry.
2018 has been a great year for American Gene Technologies: it added four new patents to its $2.4 billion-valuated IP portfolio; earned an Orphan Drug Designation from the FDA for its PKU cure project; moved the HIV cure IND into the final stage of development; received an invitation to the Westin St Francis Hotel, core meeting of the JP Morgan Healthcare Conference; met with seven of the largest global pharmaceutical companies about its drug pipeline and over 22 investment banks and companies regarding the possibility of an initial public offering (IPO) in 2019; and celebrated its 10-year anniversary.
Four New Patents
This past quarter, AGT added four new patents to its existing portfolio (full list of granted patents viewable here) to further protect AGT ownership of gamma delta T cell stimulation and secure its HIV asset for partnering and commercialization. Specifically, three of the new patents granted protect the methods and compositions for gene therapy and immunotherapy that activate gamma delta T-cells, which can be used in the treatment of various cancers and infectious diseases. The fourth patent is AGT’s first in its HIV Cure program and protects both a lentiviral vector and proprietary process for generating autologous cell products for treating HIV.
AGT’s new patents and their associated press releases are listed below:
Patent No. 10,036,038
“HIV Pre-Immunization and Therapy”
Press Release
Patent No. 10,137,144
“Methods and Composition for the Activation of Gamma Delta T cells”
NEW! Nov 29, 2018
Patent No. 10,023,880
“Methods and Composition for the Activation of Gamma Delta T cells”
Press Release
Patent No. 10,036,040
“Methods and Composition for the Activation of Gamma Delta T cells”
Press Release
FDA Orphan Designation Granted For PKU
This quarter AGT received orphan-drug designation #DRU-2018-6572 from the U.S. Food and Drug Administration (FDA) for the treatment of phenylketonuria (PKU) using its proprietary, lentiviral vector based technology. PKU is a debilitating inherited disease affecting 1 in 13,500 children born in the U.S. Mandatory screening identifies affected children who can be supported with a strict synthetic diet that does not cure disease. If successful, AGT's lentiviral vector approach will provide a permanent cure, improving quality of life for more than 16,000 people living with PKU in the U.S. alone. To read the press release, click here.
Immuno-Oncology Progress
Patented Research Expands To Breast Cancer Tumors
AGT is starting to branch out into other tumor types including breast cancer in collaboration with its advisor Robert Clarke, PhD, Professor of the Department of Oncology and Co-Director of the Breast Cancer Program at Georgetown University Medical Center. To read more about Dr. Clarke’s work at AGT, click here.
AGT’s expansion into breast cancer is a natural progression. AGT's patented methods and compositions for the activation of human immune system gamma delta (γδ) T cells, initially designed to kill liver cancer, not only kills primary tumors, it kills secondary tumors or metastases. AGT’s animal tests have shown that this approach works on a wide variety of epithelial cancers, including breast cancer, prostate cancer, and others. To learn more about AGT’s Gamma Delta T Cell Therapy for cancer, ImmunoTox™, click here. For more information on its Immuno-Oncology program, click here.
In case you missed them, check out these resources to learn more about AGT’s gamma delta approach for immuno-oncology.
Watch these videos:
Progress on the HIV Cure
AGT has contracted Hitachi Chemical Advanced Therapeutics (formerly “PCT”) for its HIV cure product and they are now beginning work on the final cell runs for the Food and Drug Administration (FDA) to allow AGT to begin human trials. AGT has clear visibility to a 2019 Investigational New Drug (IND) application submission to the FDA. AGT’s clinical development team believes that the IND will be ready for submission in Q3 with first-in-human in Q4.
Planning ahead, the company is completing clinical, site, and participant documents and forms needed to organize and execute the HIV human trial once the FDA approves AGT’s IND.
In addition to AGT’s HIV-cure development, AGT is committed to building public awareness about why curing HIV is of global importance. Watch this video the AGT team created on social media for World AIDS Day this past quarter:
Fundraising
AGT successfully raised $15 million at a stock price of $3/share in its last round of private fundraising last quarter. These funds have been used to accelerate the development of AGT’s cures for the treatment of HIV, PKU and cancer, to augment AGT’s intellectual property portfolio to protect these assets, and to expand its team. Kelly Huang, PhD has joined AGT as Director of Preclinical Product Development to prepare and ready its preclinical candidates for the clinic. Dr. Huang has extensive experience building ground-up research programs for both virology and human immunology and has led preclinical and translational research efforts to enable clinical stage drug development. Prior to joining AGT, Dr. Huang served as a Scientist at MedImmune for over 10 years as well as Scientific Director at Precision For Medicine.
This month, AGT will begin a new $25 million round of fundraising. The company will use these funds to fuel clinical trials for its HIV cure (expected in 2019), and its preclinical candidates in Immuno-Oncology and Rare Diseases that are approaching first discussions with the FDA.
Industry News
Mergers & Acquisitions
Financial
Market Reports & Opportunities
Clinical News
Press
During Q2 2018, AGT has been involved in a number of endeavors to bring awareness to its work in biotechnology research and development:
Jeff Galvin, CEO and David Pauza, CSO of American Gene Technologies were also Interviewed by the:
Highlight Events Attended By AGT
AGT participated in events this quarter that boosted its relationships within the State of Maryland and its legislators; the biotechnology industry and investment community; and the scientific research community nationally and globally. These events built greater awareness about and support for AGT’s cures in development.
AGT’s Chief Science Officer Dr. David Pauza presented at two internationally recognized events. In October, he was a featured presenter at the Alliance for Regenerative Medicine (ARM)’s Cell and Gene Meeting on the Mesa(WATCH HERE); in November, Dr. Pauza presented to The First Russian-Chinese Congress on HIV/AIDS in Moscow, Russia.
The company also hosted events at its Rockville, Maryland headquarters. It welcomed Sanofi Genzyme, who gifted AGT a portrait of its scientific inspiration, Dr. Roscoe Brady, and held a special portrait dedication with Dr. Brady’s family. AGT also hosted the Maryland Tech Council’s Life Sciences Board and CEO Bootcamp events. Next quarter, AGT will continue to host Maryland Life Science Industry events with the Maryland Tech Council. AGT will offer its event space (when it’s not in use) to the local biotech, technology, and leadership communities to support the growth and development of science.
Aug 14
Maryland Governor Larry Hogan Reception
Baltimore, MD
Aug 15
Maryland Association of Counties Conference
Ocean City, MD
Aug 20
Dr. Roscoe Brady Portrait Dedication by Sanofi Genzyme
at American Gene Technologies
Sep 6
Redefining Early Stage Investments (RESI)
Boston, MA
Sep 20
Bio+Tech18 Conference MTC
Rockville, MD
AGT Sponsored Pitch Contest
Oct 3-5
Cell & Gene Meeting on the Mesa
San Diego, CA
CSO David Pauza, PhD Presents.
Oct 9-10
BHI/WSGR Investment Conference
Rockville, MD
Oct 17-18
BIO Investor Forum
San Francisco, CA
Nov 5-6
RESI NYC 2018
New York, NY
Nov 13
MTC CEO Bootcamp
American Gene Technologies
Nov 19-20
The First Russian-Chinese Congress on HIV/AIDS
Moscow, Russia
Dr. Pauza served as Chair of the Panel “Long-acting Drugs for HIV Therapy and Prevention”
Nov 29
KID Museum Fete for the Future
Co-sponsored by AGT
Jeff Galvin presented on the importance of teaching children science & technology
Upcoming Events
Next quarter, AGT will continue to participate in national and international Life Science and biotechnology events to strengthen its partnerships, resources, and reputation as an emerging leader in gene and cell therapy.
AGT was formally invited to attend this January’s JP Morgan Healthcare Conference, the largest and most informative healthcare investment symposium in the biotechnology industry. Among other events this quarter, CEO Jeff Galvin will speak on a vaccine and immuno-oncology Life Sciences panel at Glaxo Smith Kline and he will host the first industry lead event for Maryland’s gene and cell therapy companies in the State’s history.
A few highlight events AGT is looking forward to attending this quarter, include:
Jan 7-10
AGT Invited to JP Morgan Healthcare Conference
San Francisco, CA
Jan 8
Redefining Early Stage Investments (RESI)
San Francisco, CA
Jan 15
Jeff Galvin Speaks on Vaccine & Immuno-Oncology Panel
Glaxo Smith Kline, Rockville, MD
Jan 21-23
Precision Medicine World Conference (PMWC)
Santa Clara, CA
Jan 30
Leadership Dinner
at Maryland Tech Council
Jan/Feb
Maryland Gene & Cell Mixer
at American Gene Technologies
This event will bring together Maryland’s Gene and Cell Therapy Industry
AGT aligns with Maryland legislators who support biotech growth in the State.
Feb 11-12
BIO CEO
Boston, MA
Monthly Events
AGT will collaborate with the Maryland Tech Council (MTC) to host Life Science events as well as MTC’s Life Science Breakfest Series to strengthen the biotech and technology industries in Maryland.
Announcements
AGT has a few special announcements to share. This quarter, AGT celebrated its 10 year anniversary. Founder and CEO Jeff Galvin hosted an anniversary party for the AGT team and expressed his deep gratitude to them. At the event, he reflected on the major milestones AGT had accomplished over the past 10 years to get to where the company is today (i.e. having an HIV cure approaching an expected clinical trial and two cures for liver cancer and PKU maturing rapidly in the preclinical phase). Tami Howie, partner at DLA Piper Law Firm and former CEO of the Maryland Tech Council, attended the event and gave her remarks.
AGT’s research isn’t the only aspect of the company that has made great strides over the past 10 years. As AGT builds state, national, and international awareness about its work, it has developed a stronger brand identity. In addition to the branding advancements it made last quarter (e.g. a new color palette, presentation theme, social media identity, and more), AGT has launched a new website, business cards, corporate materials, and a new gene and cell therapy educational blog. See a preview of each of these advancements below.
New Website
It’s Now Easier to Engage With AGT And Understand What It Does
New Business Cards
New Marketing Materials & Covers
Publish Unique Content To Help The Public and Industry Understand and Participate In The Gene & Cell Therapy Revolution
New Blog
Publish Unique Content To Help The Public and Industry Understand and Participate In The Gene & Cell Therapy Revolution
AGT Community
AGT is part of a broader community that is creating change in the Maryland biotech region. Together with AGT, this community is building a stronger footing in the state and the nation. The following highlights a few of AGT's biotech partners and their initiatives:
Maryland Tech Council (MTC) is the largest technology trade association in Maryland with 600+ members. MTC is starting a Life Science Breakfast Series; the first will be held at GSK to discuss Vaccines and Immunotherapeutics. Join: http://bit.ly/2s14T03. AGT CEO Jeff Galvin is a board member of CSC.
Cancer Support Community (CSC) is a nonprofit network of cancer support ensuring people impacted by cancer are empowered by knowledge of the latest treatments. See “Living With Cancer” resources published by CSC: http://bit.ly/2LHmhjD. AGT CEO Jeff Galvin is a board member of CSC.
Alliance for Regenerative Medicine supports the development of safe and effective regenerative medicines and advanced therapies worldwide. AGT is a member. It hosts annual industry events: here.
Biobuzz, a non-profit aimed to create a connected Maryland Biotech community, is launching an interactive regional map of biotech companies to strengthen public engagement.
BioHealth Innovation, Inc. (BHI) sources and evaluates market-relevant bioheath intellectual properties, connects the IP with funding, and assists businesses in marketing and growth. Its 2019 kick-off events include: Tax Implications for Start-ups and SBIRs – What You Need to Know.
Maryland Department of Commerce (BioHealth) actively works to uplift the BioHealth & Life Sciences industries in Maryland. To see Maryland’s latest statistics and information, click here. Also, visit the hashtag #mdBioHealth on social media to find out MD’s latest industry news.
Frederick Community College Biotech Degree Program in Maryland provides students with a basic science foundation and enables them to understand and use major industry technologies, read more. AGT is supportive of these students finding internships in Maryland and believes in education to strengthen Maryland’s biotech ecosystem.
Social Media
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