Torbjørn Furuseth is the Chief Financial Officer of Targovax, a Norwegian company developing oncolytic viruses against cancer. Photo: Targovax

Targovax releases 12-month clinical data

Our member Targovax has released 12-month data from the company’s clinical study of the oncolytic virus ONCOS-102 in patients with malignant pleural mesothelioma.

Targovax is a member of Oslo Cancer Cluster that develops oncolytic viruses to treat solid cancer tumours. The company’s lead product is called ONCOS-102 and has been engineered to selectively infect cancer cells and activate the immune system to fight cancer.

An oncolytic virus is a virus that preferentially infects and kills cancer cells.

The oncolytic virus ONCOS-102 is currently being tested in a phase I/II clinical trial with the aim to establish its safety and efficacy. ONCOS-102 is tested in combination with the standard-of-care chemotherapy on patients with mesothelioma.

The company released 12-month data from the clinical trial this week, which powerfully demonstrate a broad immune activation linked to clinical benefit.

Watch the presentation with Magnus Jäderberg, Chief Medical Officer at Targovax:

What is mesothelioma?

Malignant mesothelioma is a type of cancer that occurs in the thin layer of tissue that covers the majority of your internal organs (mesothelium). Mesothelioma is an aggressive and deadly form of cancer.

Mesothelioma is a difficult cancer disease to diagnose and treat. Only 10% of all patients are eligible for surgery. Many of the remaining patients receive chemotherapy. Radiotherapy may be used in some cases for palliative reasons. There have been no new break-through treatments with any significant impact during the last 15 years.

Immunotherapy has started to make an inroad on the disease. There are a couple of checkpoint inhibitor trials for patients with second-line disease. For patients with first-line disease, there are currently no immunotherapy options.

Checkpoint inhibitor therapy is a form of cancer immunotherapy, a type of therapy that uses substances to stimulate or suppress the immune system to help the body fight cancer.

The 12-month data

Targovax has presented data from the company’s phase I/II trial focusing on safety on combining ONCOS-102 with chemotherapy. They have looked at both first-line and second-line patients being treated with standard-of-care chemotherapy in combination with ONCOS-12.

The study includes a control group of 11 patients who have received chemotherapy only and an experimental group of 14 patients who received the combination of chemotherapy and ONCOS-102.

The 12-month results show that ONCOS-102 drives broad and powerful immune activation across key parameters, including innate immune responses, adaptive immune responses and remodelling of the tumour microenvironment.

The tumor microenvironment has profound impacts on cancer progression and remodelling of the tumour microenvironment has emerged as a strategy to facilitate cancer therapy.

The analysed genes show that there is a clear difference in ONCOS-102-induced immune activation compared to chemotherapy only. The genes also show there is a clear association between the powerful immune activation and improved clinical outcome.

The data shows that ONCOS-102 drives the infiltration of CD8+ T cells into the tumour, which is associated with better outcomes.

Targovax now plans to continue the clinical study for first-line patients. The company sees a strong rationale for combining ONCOS-102 with checkpoint inhibitor and standard-of-care chemotherapy.

On Tuesday, Targovax also revealed they will collaborate with our member pharmaceutical company MSD (known as Merck in the US) to evaluate the immunotherapy drug Keytruda in combination with ONCOS-102.

Find out more …

Researcher Anette Weyergang shows the PCI technology to Norwegian Prime Minister Erna Solberg.

Grants awarded for PDT/PCI research

Erna Solberg visits PCI Biotech

Radforsk has granted seven research projects a total amount of MNOK 1,25 to further develop exciting research projects within photodynamic treatment and photochemical internalization.

Radforsk is an evergreen investor focusing on companies that develop cancer treatments.

“Radforsk has ploughed NOK 200 million of its profit back into cancer research at Oslo University Hospital. Of these, NOK 25 million, have gone to research in PDT/PCI. This year we grant seven projects a total of NOK 1,25 million,” says Jónas Einarsson, CEO of Radforsk.

Radforsk had received a total of seven applications by the deadline on 1 March. All projects were allocated funding.

The applications have been assessed by external experts.

The researchers who have received funding for PDT/PCI research in 2020 are:

  • Anette Weyergang is granted NOK 300 000 to the project: “Photochemical Internalization: Development of a novel tumor-specific protein toxin to defeat aggressive and resistant cancers”
  • Beáta Grallert is granted NOK 100 000 for the project: “Cancer-specific bioluminescence-PDT”
  • Judith Jing Wen Wong is granted NOK 100 000 to the project “Light-enhanced targeting of immunosuppressive tumor cells”
  • Kirsten Sandvig and Tore Geir Iversen are granted NOK 200.000 to the project “Drug-loaded Photosensitizer-Chitoscan Nanoparticles for cominatorial Chemo- and Photodynamic cancer therapy”
  • Mouldy Sioud is granted NOK 200.00 to the project “Antibody- and peptide-targeted photodynamic therapy to kill cancer cells”
  • Qian Peng and Henry Hirschberg are granted NOK 50 500 to the project “Improved therapy of brain tumors by PDT induced anti-tumor immune responses”
  • Qian Peng is granted 300 000 to the project “Photopheresis of patients with Crohn’s disease using 5-aminolevulinic acid”

Read about the projects that were funded in 2019 here.

FACTS

PDT/PCI

Cancer research in the field of photodynamic therapy and photochemical internalisation studies the use of light in direct cancer treatment in combination with drugs, or to deliver drugs that can treat cancer to cells or organs.

Radforsk

Since its formation in 1986, Radforsk has generated NOK 600 million in fund assets and channelled NOK 200 million to cancer research, based on a loan of NOK 1 million in equity back in 1986.

During this period, NOK 200 million have found its way back to the researchers whose ideas Radforsk has helped to commercialise.

NOK 25 million have gone to research in photodynamic therapy (PDT) and photochemical internalisation (PCI). In total, NOK 40 million will be awarded to this research.

Parts of the GLIMT team together with Arif and Unge Ferrari at Rikshospitalet. Photo: GLIMT UB

Helping teens in the hospital

GLIMT UB, Arif and Unge Ferrari at Rikshospitalet, Oslo.

This article was originally written in Norwegian and published on our School Collaboration website.

Ullern students helped teenagers in the hospital while learning how to become entrepreneurs.

GLIMT UB, a youth company at Ullern Upper Secondary School, wants to give chronically ill teenagers the activities they need while they are in hospital. The pizza night with the famous Norwegian rappers Arif and Unge Ferrari was a big success, but then the corona pandemic put a temporary stop to the newly started company.

“GLIMT offers teens in hospital different activities, which are planned and carried out by other teens. We offer an arrangement for the hospitals, which is better adapted and more resource-efficient.”

Teenagers who stay in the hospital for long periods of time are often isolated and have few other fulfilling activities in their everyday lives. GLIMT UB decided to do something about this and thought of the idea to arrange pizza nights at the hospital, inviting famous people as guests for the young patients.

The concept was a success and the pizza night with Arif and Unge Ferrari at Rikshospitalet in January 2020 attracted five times as many young patients as other activities. Arif and Unge Ferrari hung out with the teens who are staying in the hospital because of different illnesses. The night was spent eating pizza, playing cards and beading.

“The mother of one of the patients said that we need to come back and arrange this more times. She insisted that this was an important optional activity because it was planned by teens for teens,” said Tyra Kristoffersen.

Tyra has worked in GLIMT UB, together with the other Ullern students Andreas Bjurstrøm, Carl Ruge, Miriam Idsøe and Alexander Floskjer, during the last school year.

Young patients are isolated

“During the age when you have the greatest need to be social and gain new experiences, one group is getting left out of the traditional social framework. Across Norway, there are children and young adults staying in hospitals and, in spite of both internal and external measures, many end up being isolated from the rest of society. The age group 13 to 19 is a very challenging group to reach and they lack adequate activities. To improve the health service in Norway, we need better adapted activities for this age group.”

This quote is from GLIMT UB’s business plan, which awarded the company first place in the category Best Business Plan in the Oslo Championship for Young Entrepreneurs.

The team behind the youth company GLIMT UB gathered at Ullern Upper Secondary School. Photo: GLIMT UB’s Facebook page

The team behind the youth company GLIMT UB gathered at Ullern Upper Secondary School. Photo: GLIMT UB’s Facebook page

The concept of GLIMT is based on young, famous people’s motivation to help young people in a challenging situation, without getting paid for their time.

“If we had paid the celebrities to come, this wouldn’t have worked because the hospitals have such a limited budget. The famous people still benefit from positive mentions in social media and can use the activity to promote themselves if they wish,” Tyra said.

Before the corona pandemic, GLIMT UB had planned several pizza nights at Rikshospitalet, since the first one was such a success.

“We have been in touch with several celebrities, such as Herman Flesvig, Ulrikke Falck and Tix, who were all very positive to participate. Unfortunately, the corona pandemic forced visitation restrictions in place at hospitals in Norway, so we couldn’t arrange more pizza nights than the one with Arif and Unge Ferrari,” Tyra said.

The students behind GLIMT UB still think they have learned a lot.

A valuable mentor

Entrepreneurship is one of many subjects that the students at Ullern Upper Secondary School can choose in their second or third year. The students learn how to start a company and the theory behind what makes some businesses succeed and why other businesses fail.

The students also need to establish and run their own youth company during the course.

The team behind GLIMT UB considered an idea about redesign, but scrapped it when they realised that this was a concept that many youth companies were interested in.

“We started thinking about what is close to our school and of course the hospital is right next door. We discussed with our entrepreneurship teacher Karin if we could think of something in relation to that. We quickly found out that teens in the hospital don’t have many activities. The younger kids get visits from hospital clowns and their own playroom,” Tyra said.

At the Norwegian Radium Hospital, there are however not many young adults admitted. Most teenage patients are at Rikshospitalet and Ullevål.

“Through our mentor Bente, we got in touch with the activity leader for teenagers at Rikshospitalet and Ullevål. He liked our idea a lot, and other people were also positive, so we just had to keep working,” Tyra said.

Mentor Bente Prestegård and the students Andreas Bjurstrøm, Carl Ruge, Tyra Kristoffersen and Miriam Idsøe, standing outside Ullern Upper Secondary School. Alexander Flåskjer is also a part of the GLIMT team, but was unfortunately not present on the day the image was taken. Photo: Elisabeth Kirkeng Andersen

Mentor Bente Prestegård and the students Andreas Bjurstrøm, Carl Ruge, Tyra Kristoffersen and Miriam Idsøe, standing outside Ullern Upper Secondary School. Alexander Flåskjer is also a part of the GLIMT team, but was unfortunately not present on the day the image was taken. Photo: Elisabeth Kirkeng Andersen

Bente, that Tyra mentioned, is Bente Prestegård. She is a project manager in Oslo Cancer Cluster and one of her many projects is the school collaboration between Ullern Upper Secondary School and Oslo Cancer Cluster.

“I have had a few meetings with the students behind GLIMT. I have specially advised them about how to relate to patients and staff in the hospital, and I helped them with pitch training in advance of the Oslo Championship in Young Entrepreneurship,” said Prestegård.

Prestegård thinks that it is a lot of fun to be a mentor for GLIMT and she is impressed about how driven the students have been and how much they have accomplished, even though the corona pandemic but a sudden stop to the company’s activities in March.

The students also learned a lot from Bente’s advice and are grateful for all the coaching they have received while running the company.

“Bente introduced us to several key people at Oslo University Hospital, which was very valuable for us. She is also very knowledgeable about the economy and has given us a lot of good input on that aspect too,” Tyra said.

Learning in practice

It is June now and homeschooling is fortunately over, but there are still strict visitation rules at Norwegian hospitals because of the pandemic. GLIMT UB is dissolved since the school year is over and the students have gained a sense of what it is like to be a founder.

“It has been fun and educational. We would, of course, had wanted to do more for these teens, but hopefully, the hospitals across the country can be inspired by our idea,” said Carl, the company’s interim manager.

One thing that has been challenging for GLIMT is to find a way to make money out of the idea since the hospitals have limited resources.

“We still had NOK 7 000 left in our budget this year, which we have donated to Oslo University Hospital,” said Tyra.

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Welcome Note by the Organising Partners from Europe and North America opening the 9th International Cancer Cluster Showcase

International Cancer Cluster Showcase 2020

The 9th International Cancer Cluster Showcase has been launched on June 8th as a virtual event presenting 20 early-stage oncology companies.

For the first time, the annual International Cancer Cluster Showcase (ICCS) is presented in a digital format. Although we are missing the lively networking elements this year, there is a clear advantage: participants from around the globe can view the full program or selected presentations whenever suitable until July 8th – independent of time-zones and location. The record-high participation with about 400 registrations confirms that this flexible format offers an interesting opportunity to meet new companies in times when travelling is limited.

The organising partners from North America and Europe have jointly selected 20 emerging oncology companies from 8 countries advancing novel therapeutic, diagnostic and digital solutions. The CEOs of this outstanding group of early-stage companies present their latest innovations and partnering opportunities in four thematic sessions.

“We hope that this 9th International Cancer Cluster Showcase again creates novel collaboration opportunities and contacts for presenters and participants and stimulates relevant discussions.”

Jutta Heix, Head of International Affairs, Oslo Cancer Cluster.

A joint welcome from the organising partners opens the first session with the theme Targeting novel mechanisms. Our member EXACT Therapeutics is one of the companies selected for this session. CEO Rafiq Hasan introduces the company’s unique Acoustic Cluster Therapy for ultrasound-mediated, targeted therapeutic enhancement.

“It was important for EXACT Therapeutics to participate at ICCS as this is one of the leading opportunities for us to communicate progress with our innovative Acoustic Cluster Therapy (ACT) platform in oncology to key stakeholders and potential partners.

“We are impressed by the virtual format and the agility with which the in-person meeting was transformed to a digital platform. This ensures that the objectives of the meetings are achieved despite the challenges of the current situation.”

Rafiq Hasan, CEO, EXACT Therapeutics

CEO Rafiq Hasan, EXACT Therapeutics

Rafiq Hasan, CEO of EXACT therapeutics, is one of the presenters at ICCS 2020.

The theme of the second session is Immuno-Oncology and Cell therapy. Here the Oslo Cancer Cluster member Nextera introduces their NextCore technology and relevant applications in oncology.

“It was important for Nextera to present our unique drug and target discovery platform at the stage we are now, since we believe we can enable immuno-oncology therapies to new levels both from efficacy and safety points of view.

“The digital format fosters a great flexibility as well as the message reaches a larger audience.”

Ole Henrik Brekke, Chief Business Officer, Nextera

Geir Åge Løset, CEO of Nextera, presented at ICCS 2020.

Geir Åge Løset, CEO of Nextera, is one of the presenters at ICCS 2020.

The third session has the theme Immuno-Oncology, oncolytic viruses and vaccines, featuring companies from the US, UK and France showcasing their technologies and lead candidates.

As final Nordic company, our member Kaiku Health presents their platform for personalized digital health interventions in the fourth session titled Diagnostics and digital health interventions.

“ICCS is a good platform to reach like-minded innovators in oncology interested in making cancer care more personalised. We were happy to have the opportunity to go virtual during these exceptional times.”

Lauri Sippola, CEO and Co-Founder, Kaiku Health

Lauri Sippola, CEO of Kaiku Health, is one of the presenters at ICCS 2020.

Lauri Sippola, CEO of Kaiku Health, is one of the presenters at ICCS 2020.

The Virtual International Cancer Cluster Showcase is available online, via the official ICCS website, until 8 July 2020.

Details of all the presenters can be found in the ICCS 2020 event guide.

We kindly thank the sponsors and partners BIO, DNB, Precision for Medicine and Takeda for their ongoing support and program contribution.

 

Organising partners:

Sponsors: