WATERTOWN, Mass., July 11, 2024 — Dynamic Cell Therapies (DCT) announces an investment of $1M from the Myeloma Investment Fund (MIF), the venture philanthropy subsidiary of the Multiple Myeloma Research Foundation (MMRF), to accelerate the development of novel CAR T-cell technologies for patients with multiple myeloma. DCT is developing technology platforms that will allow CAR T-cells to attack unique and differentiated tumor targets that will allow for durable responses to treatment, and DCT’s propriety CAR T-cells have demonstrated superiority to FDA-approved CAR T-cells in animal models. These technology platforms will improve the safety and efficacy of CAR T-cell therapies and have immediate application for patients with hematological cancers, including multiple myeloma. Supported by this recent investment, DCT is on track to advance a product into patients within the next two years.
“Despite current successes in treating patients with CAR T-cells, many patients with multiple myeloma still relapse after therapy,” said Fred Mermelstein, Ph.D., Chief Executive Officer of DCT. “The support of the MMRF & the Myeloma Investment Fund provides key expertise that will enable us to hasten the development of novel and best-in-class CAR T-cell therapies for patients with relapsed and refractory multiple myeloma.”
“At the MMRF, we are deeply committed to advancing novel treatments intended to improve patient outcomes and get us closer to cures. We are energized by DCT’s cutting-edge cell therapy approach as a potentially transformative answer to patients with relapsed or refractory myeloma,” said Michael Andreini, President and CEO of the Multiple Myeloma Research Foundation (MMRF).
About the Myeloma Investment Fund (MIF)
The Myeloma Investment Fund is a venture philanthropy fund that invests in promising companies, clinical assets, and technologies in oncology to drive the development of new therapies for multiple myeloma. The MIF collaborates closely with portfolio companies to help them advance multiple myeloma research. This evergreen fund is supported entirely by philanthropy; all profits will be reinvested back into research for more effective treatments until there is a cure for every patient. For more information, visit www.myelomainvestmentfund.org
About the Multiple Myeloma Research Foundation (MMRF)
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, leverage data to identify optimal and more personalized treatment approaches and empower myeloma patients and the broader community with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $600 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org
For MMRF or MIF media inquiries, please contact: Anna Otis, Manager, Brand Marketing, otisa@themmrf.org
About Dynamic Cell Therapies, Inc. (DCT)
Dynamic Cell Therapies (DCT) is a pre-clinical stage biopharmaceutical company engineering CAR T-cells to address unmet medical needs for patients with cancers and autoimmune diseases. DCT has licensed technology from the Dana-Farber Cancer Institute, including redirectable CAR T-cell and private cytokine signaling technologies. Redirectable CAR T-cells can maximize tumor cell killing and minimize toxicity. Private cytokine signaling can enhance memory populations, which increases CAR T-cells’ persistence and durable responses. DCT is developing these technologies separately and in combination to optimize control of CAR T-cell identity and activity. To learn more, visit www.dynamiccelltherapies.com.
For any DCT inquiries, please contact: Alex Rabby, Chief Business Officer, arabby@dynamiccelltherapies.com
Norwalk, Conn., December 7, 2023 – The Multiple Myeloma Research Foundation (MMRF) announced today that data from its landmark CoMMpass Study and Immune Atlas fueled 12 oral presentations to be presented at the 65th American Society of Hematology (ASH) Annual Meeting and Exposition in San Diego from December 9-12. In total, 34 different presentations use MMRF data. These advances represent important and continued innovation in multiple myeloma research.
“Our investment in the generation, analysis, and sharing of robust research and clinical data is fundamental to our relentless effort to drive progress in multiple myeloma treatment and ultimately a cure for each and every patient,” said Michael Andreini, President and CEO at the MMRF. “For over a decade, CoMMpass data has been analyzed by more than 300 researchers worldwide, making it one of the most highly published datasets in myeloma.”
Among the 34 CoMMpass abstracts to be highlighted at ASH are findings related to predictive biomarkers, disease progression, therapeutic resistance, risk assessment, genetic profiling to interpret the outcomes of early intervention for high-risk smoldering myeloma, and precision medicine.
One oral presentation from the Immune Atlas team reports on the results of single-cell RNA sequencing of bone marrow cell samples from 263 multiple myeloma patients enrolled at time of diagnosis in the CoMMpass Study. Using single cell transcriptomics, researchers captured the TIME (tumor immune microenvironment) and correlated specific immune cell populations and phenotypes with relapse risk and poor prognostic outcomes. These results suggest that immune subpopulations may be an essential novel aspect for improving current risk stratification models. These single-cell data are also part of a prognostic analysis of myeloma subtypes reported in a second oral presentation, in which collaborators at Genentech develop more refined subtypes using this Immune Atlas data, with improved characterization of early relapse.
“The Immune Atlas data have shown how immune function provides additional information beyond tumor subtyping, refining our understanding of risk and potentially advancing prognostication and strategies for clinical trials,” said George Mulligan, PhD, Chief Scientific Officer at the MMRF. “We will continue to push the envelope of innovative science in our urgent pursuit of better clinical strategies and more effective treatments for each and every patient with multiple myeloma.”
The CoMMpass Study is an ongoing study of patients with active multiple myeloma, who enrolled at diagnosis and are being followed for eight years. The study maps patients’ tumor genomic profile to clinical outcomes with the goal of developing a more complete understanding of both disease biology and the patient’s response to treatments. With its inclusion in more than 300 published or presented studies, CoMMpass represents the largest longitudinal genomic dataset in multiple myeloma and has led to groundbreaking discoveries that have transformed how researchers understand the biology of the disease. The MMRF makes the CoMMpass data available to researchers globally and updates results at regular intervals.
The MMRF Immune Atlas is a collaboration to study the immune system in multiple myeloma and establish a “gold standard” immune profiling platform for use in multiple myeloma research studies. This information, from hundreds of patients, will be combined with the existing genomic and clinical data from our CoMMpass Study to develop a more comprehensive picture of myeloma disease biology. These resulting insights will be helpful in guiding optimal therapy for myeloma patients.
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, leverage data to identify optimal and more personalized treatment approaches and empower myeloma patients and the broader community with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $500 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org.
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C.J. Volpe
Director, PR and Communications
203-652-0453
volpec@themmrf.org
20-year industry veteran to lead development, execution of MIF investment strategy
Norwalk, Conn., Oct. 5, 2023 — The Multiple Myeloma Research Foundation® (MMRF®) has announced the appointment of Stephanie Oestreich, Ph.D., MPA, as Managing Director of its venture philanthropy subsidiary, the Myeloma Investment Fund® (MIF®). In this role, Dr. Oestreich will lead the overall execution of the MIF’s investment strategy and serve as a member of the MMRF executive leadership team.
“We are thrilled to have Dr. Oestreich join our team as Managing Director of the MIF,” said Michael Andreini, President and CEO, the MMRF. “The MIF invests in the most promising companies that are developing innovative clinical assets and technologies that could be transformative for myeloma patients. Dr. Oestreich brings a wealth of business development experience in biopharma and biotech that will play an invaluable role in the continued growth and impact of our fund.”
Dr. Oestreich has more than 20 years of diverse experience in business development and strategic alliances spanning large biopharma, biotech, and early academic research. Previously, she served as Chief Business Officer at the biotech Galecto and Vice President at the cell therapy company Mnemo Therapeutics. In addition, Dr. Oestreich was a Venture Partner at RA Capital and Executive Vice President at Evotec, where she built its North American investment arm and started an incubator with Samsara BioCapital. Her experience also includes work at F. Roche Hoffmann-La Roche Ltd., where she served as International Business Leader, and Novartis in Business Development and in Commercial.
“The MMRF has made a tremendous impact to help advance new therapies for myeloma patients and I am truly excited to join this effort as Managing Director of the MIF,” said Dr. Oestreich. “Through the MIF’s investment strategy, we will continue our work to advance the development of novel treatments and innovative therapeutic strategies for patients.”
In addition to her role at the MIF, Dr. Oestreich currently serves on the boards of the German American Business Council in Boston and the Harvard Kennedy School’s Women’s Network and is the chair of the McCloy Alumni Association. She is also on the faculty of MIT, a member of the Launchpad Venture Group, an advisor at grIP Venture Studio to Biognosys (a Bruker company), Invitris, CART company CelineTx, and to the drug development and investment company Orange Grove Bio. She is also a member of the W20 Entrepreneurship task force, the official engagement group of the G20.
To learn more about the MIF, visit www.myelomainvestmentfund.org.
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About the Myeloma Investment Fund (MIF)
The Myeloma Investment Fund (MIF) is a venture philanthropy fund that invests in promising companies, clinical assets, and technologies in oncology to drive the development of new therapies for multiple myeloma. The MIF collaborates closely with portfolio companies to help them advance multiple myeloma research. This evergreen fund is supported entirely by philanthropy; all profits will be reinvested back into research for more effective treatments until there is a cure for every patient. For more information, visit www.myelomainvestmentfund.org.
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About the Multiple Myeloma Research Foundation (MMRF)
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, leverage data to identify optimal and more personalized treatment approaches, and empower myeloma patients and the broader community with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $500 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org.
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Multiple Myeloma Research Foundation Media Contact:
C.J. Volpe, Director, PR and Communications
203-652-0453
volpec@themmrf.org
Findings underscore the ongoing value to the myeloma scientific community of the MMRF’s landmark molecular and clinical data and translational research programs
Norwalk, CT, September 27, 2023 – The Multiple Myeloma Research Foundation (MMRF) today announced that findings from three studies based on analyses of its CoMMpass℠ and CureCloud℠ datasets will be featured in an oral abstract and poster presentations at the 20th International Myeloma Society (IMS) Annual Meeting in Athens, Greece, September 27-30, 2023. Topics include:
Additionally, data from the CoMMpass Study are cited in 24 posters and four education sessions, demonstrating its enduring value in driving new advancements across multiple myeloma research. With its inclusion in more than 300, CoMMpass represents the largest longitudinal genomic dataset in multiple myeloma and has led to groundbreaking discoveries that have transformed how researchers understand the biology of the disease.
To develop a more comprehensive picture of myeloma disease biology, the MMRF is expanding the CoMMpass dataset with immune data from its Immune Atlas research program. In addition, the MMRF’s CureCloud, a first-of-its-kind registry, has amassed clinical, genomic, immune, and patient-reported outcome (PRO) data across more than 1,000 participants. The MMRF makes the datasets from CoMMpass, Immune Atlas, and CureCloud available to researchers, facilitating the development of optimal treatments for all myeloma patients.
“Our consistent investment in the generation, analysis and sharing of new data with researchers worldwide accelerates the pace of scientific discovery to benefit each and every myeloma patient,” said George Mulligan, Ph.D., Chief Scientific Officer of the MMRF and co-author on two of the studies to be shared at IMS. “I am optimistic that, with greater understanding of this disease biology and continued collaboration in the research community, multiple myeloma patients will have improved therapeutic options now and also steadily increasing approaches to rational and potentially curative treatment strategies.”
About the MMRF data to be shared at IMS 2023
Friday, September 29, 2023
Poster Session 3, 1:15 PM – 2:15 PM EEST
Multi-omic analysis of multiple myeloma subtypes reveals epigenetic programs of high-risk disease
Identifying the biology of high-risk multiple myeloma is critical to improving outcomes. Current markers imperfectly predict high-risk disease and there are limited data that integrate genetic, epigenetic, and transcriptional information with outcomes. DNA methylation data was generated based on 415 samples from the MMRF CoMMpass study and identified distinct epigenetic programs of high-risk disease.
Friday, September 29, 2023
Poster Session 3, 1:15 PM – 2:15 PM EEST
Single-Cell Profiling Reveals Inflammaging-associated Dysregulations in Rapidly Progressing Multiple Myeloma Patients
Modern therapies for multiple myeloma rely on the immune system for their effectiveness and positive outcomes. Dysregulation in the immune compartment can promote disease progress and hamper the effectiveness of immune-based therapies. In this study for the characterization of bone marrow and its association with the kinetics of multiple myeloma, researchers performed Single Cell Profiling on bone marrow samples from the MMRF CoMMpass cohort.
Friday, September 29, 2023
Poster Session 3, 1:15 PM – 2:15 PM EEST
The MMRF CureCloud research study: a real-world longitudinal investigation of patient treatments and outcomes, including Patient Reported Outcome (PRO) surveys
CureCloud integrates molecular and real-world evidence data, including electronic health records (EHR) and PROs collected at six-month intervals. This poster is an analysis of the baseline PRO data. In general, patients were able to answer the PRO instruments electronically. The results indicate that younger and less socioeconomically advantaged patients experienced higher financial toxicity.
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About the Multiple Myeloma Research Foundation (MMRF)
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, leverage data to identify optimal and more personalized treatment approaches, and empower myeloma patients and the broader community with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $500 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org.
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Multiple Myeloma Research Foundation Media Contact:
C.J. Volpe, Director, PR and Communications
203-652-0453
volpec@themmrf.org
Norwalk, CT, August 10, 2023 – The Janssen Pharmaceutical Companies of Johnson & Johnson announced today that the U.S. Food and Drug Administration (FDA) has granted accelerated approval of Talvey™ (talquetamab-tgvs) for the treatment of patients with heavily pretreated multiple myeloma. In response to the announcement, the Multiple Myeloma Research Foundation (MMRF) has issued the following statement:
“Although options for the treatment of multiple myeloma have expanded significantly in recent years, the disease remains incurable, and therefore, patients are in need of new treatment options,” said Michael Andreini, President and Chief Executive Officer, Multiple Myeloma Research Foundation. “Today’s approval of talquetamab provides patients with a new treatment approach for relapsed or refractory disease that is a welcome addition to the myeloma community.”
According to Janssen’s announcement, Talvey™ (talquetamab-tgvs) is a first-in-class bispecific antibody for the treatment of adult patients with relapsed or refractory multiple myeloma who have received at least four prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 antibody. To learn more about Talvey™, please visit the Standard Drug Therapies section on our website.
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About the Multiple Myeloma Research Foundation (MMRF)
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, leverage data to identify optimal and more personalized treatment approaches, and empower myeloma patients and the broader community with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $500 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org.
Media Contact:
C.J. Volpe
Multiple Myeloma Research Foundation
volpec@themmrf.org
203-652-0453
JERUSALEM, Israel & NORWALK, Connecticut – May 16, 2023 – Nectin Therapeutics, a biotechnology company developing novel targeted immunotherapies to address tumor immune resistance, and the Myeloma Investment Fund (MIF), the Multiple Myeloma Research Foundation’s (MMRF) venture philanthropy subsidiary, today announced that the MIF has invested in Nectin Therapeutics to explore the potential of NTX1088, Nectin’s first-in-class lead immunotherapy drug candidate, for the treatment of multiple myeloma.
“We look forward to our partnership with Nectin Therapeutics to evaluate NTX1088 as a potential therapy for multiple myeloma,” said Michael Andreini, President and Chief Executive Officer of the Multiple Myeloma Research Foundation. “The MIF is committed to identifying and accelerating the most innovative treatment approaches for myeloma patients. We are pleased to support this first-in-class antibody targeting PVR based on the potential to overcome immune evasion and enhance the immune system’s response against myeloma.”
“We are delighted to join forces with the Myeloma Investment Fund, allowing us to collaborate and explore the potential of our lead candidate, NTX1088, in the treatment of multiple myeloma,” said Fabian Tenenbaum, Chief Executive Officer of Nectin. “NTX1088 is currently being studied in patients with advanced and metastatic solid tumors, and we look forward to working closely with the MIF to uncover the role that PVR blockade may serve in addressing the unmet needs of myeloma patients.”
Together with the MIF’s investment, Nectin has raised over $33M supported by investments from aMoon, Peregrine Ventures, Israel Biotech Fund, Cancer Focus Fund and Integra Holdings.
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About Nectin Therapeutics
Nectin Therapeutics is a biotechnology company aiming to transform the lives of cancer patients by leveraging its unique insights into the nectin pathway to develop the next generation of immune oncology (IO) therapies. The company’s differentiated therapies have the potential to achieve new standards for efficacy and patient response across a number of difficult-to-treat cancers. Nectin’s technology addresses major escape mechanisms of current IO therapies through a diverse pipeline of novel monoclonal antibodies and antibody-drug-conjugates. It has a world-class scientific and management team with deep experience in oncology drug development and a successful track record in building biotechnology companies and developing innovative therapies. Nectin Therapeutics is a venture-backed, privately held company, funded by aMoon Fund, Peregrine Ventures, Israel Biotech Fund, Cancer Focus Fund, Integra Holdings and the Myeloma Investment Fund.
About NTX1088
NTX1088 is a first-in-class monoclonal antibody directed against a key immune checkpoint, PVR, also known as CD155. NTX1088 has multiple mechanisms of action. NTX1088 blocks the interaction between PVR and DNAM1, also known as CD226, a molecule involved in the activation of anti-cancer T and NK cells. By preventing internalization and degradation of DNAM1, NTX1088 leads to restoration of DNAM1 expression on the surface of immune cells and results in robust antitumor activity. NTX1088 also blocks PVR’s interactions with TIGIT and CD96, preventing their immune inhibitory signaling. NTX1088 demonstrated superior antitumor activity compared to approved and investigational immune checkpoint inhibitors in preclinical models and had a favorable safety profile in non-human primates.
About the Myeloma Investment Fund (MIF)
The Myeloma Investment Fund (MIF) is a venture philanthropy fund that invests in promising companies, clinical assets, and technologies in oncology to drive the development of new therapies for multiple myeloma. The MIF collaborates closely with portfolio companies to help them advance multiple myeloma research. This evergreen fund is supported entirely by philanthropy; all profits will be reinvested back into research for more effective treatments until there is a cure for every patient. For more information, visit www.myelomainvestmentfund.org.
About the Multiple Myeloma Research Foundation (MMRF)
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, leverage data to identify optimal and more personalized treatment approaches, and empower myeloma patients and the broader community with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $500 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org.
Media Contacts:
C.J. Volpe
Multiple Myeloma Research Foundation
volpec@themmrf.org
203-652-0453
Rebecca Ash
Gova10 for Nectin Therapeutics
rebecca@gova10.com
+972-52-663-5075
Norwalk, Conn., and San Francisco, Calif, Feb. 27, 2023 – The Multiple Myeloma Research Foundation (MMRF) and the Lazarex Cancer Foundation, a non-profit organization focused on improving patient access to cancer clinical trials, announced today a partnership to support more equitable access to clinical trials for multiple myeloma cancer patients. This is the initial step of an action plan the MMRF developed to improve diversity and representation in myeloma clinical trials following its first Health Equity Summit focused on improving equity and inclusiveness in multiple myeloma clinical research.
“We at the MMRF believe that every myeloma patient should have an equal opportunity to participate in clinical trials and are deeply committed to improving representation in clinical research,” said Michael Andreini, President and CEO at the MMRF. “We are pleased to partner with the Lazarex Cancer Foundation to improve the opportunities patients have to help advance development of new therapies and potentially benefit from emerging treatment approaches.”
As part of the partnership, the MMRF contributed $100,000 to Lazarex’s PATH Program, a service designed to improve enrollment and diversity in clinical trials through patient reimbursement of out-of-pocket travel costs, community outreach, and engagement. Lazarex will support patients in MMRF-funded clinical trials, as well as help multiple myeloma patients find information and enroll in open trials, as appropriate, through the Lazarex CARE program.
Multiple myeloma is a type of blood cancer that develops in the bone marrow and can spread throughout the body. It is expected to be diagnosed in 35,000 Americans in 2023 and take the lives of 12,000. Despite advances, most patients relapse and there is still no cure. Multiple myeloma is twice as common in the Black community compared to other ethnicities and is twice as deadly in Black patients compared to white patients.
“Lazarex Cancer Foundation is honored to work alongside the MMRF to support patients with multiple myeloma with travel reimbursement and help them get to clinical trial treatments,” said Stephanie Rivera, MPH, CEO at Lazarex Cancer Foundation. “The MMRF is one of the few research organizations that clearly understands how we partner with research for successful completion of and improved diversity in cancer clinical trials. I see this as just the start of greater things to come for both organizations to benefit patients with multiple myeloma.”
Other elements of the MMRF’s partnership with the Lazarex Cancer Foundation include developing and expanding collateral, creating content for a speaker series on myeloma and supplying MMRF resources, such as the Patient Toolkit, to Lazarex Cancer Foundation activities.
About the Multiple Myeloma Research Foundation (MMRF)
The Multiple Myeloma Research Foundation (MMRF) is the largest nonprofit in the world solely focused on accelerating a cure for each and every multiple myeloma patient. We drive the development and delivery of next-generation therapies, use data to drive optimal and more personalized treatment approaches, and empower myeloma patients with information and resources to extend their lives. Central to our mission is our commitment to advancing health equity so that all myeloma patients can benefit from the scientific and clinical advances we pursue. Since our inception, the MMRF has committed over $500 million for research, opened nearly 100 clinical trials, and helped bring 15+ FDA-approved therapies to market, which have tripled the life expectancy of myeloma patients. To learn more, visit www.themmrf.org.
About Lazarex Cancer Foundation
At Lazarex Cancer Foundation we strive to improve cancer health outcomes, FDA cancer clinical trial diversity, retention, and enrollment, and patient access to care by providing assistance with clinical trial navigation, reimbursing trial related travel costs, and partnering with at-risk communities to mobilize resources. In 17 years Lazarex has assisted nearly 8,000 patients. Learn more at www.Lazarex.org. Follow us @LazarexCF.
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Multiple Myeloma Research Foundation Media Contact:
C.J. Volpe
Director, PR and Communications
Multiple Myeloma Research Foundation (MMRF)
203.652.0453
volpec@themmrf.org