MEKanistic Therapeutics Inc.'s First-in-Class Dual EGFR and PI3K Investigational Therapy, MTX-531, Demonstrates Significant Tolerability and Durable Tumor Regressions in Preclinical Cancer Models

New MTX-531 Research in Nature Cancer Highlights Promising Dual Inhibitor Strategy for Overcoming Cancer Resistance

MINNEAPOLIS, July 11, 2024 /PRNewswire/ -- MEKanistic Therapeutics Inc., a biotechnology company pioneering the development of next-generation kinase inhibitors for cancer treatment, today announced the peer-reviewed publication of new preclinical research on its lead candidate, MTX-531, an investigational dual-targeting therapy, in Nature Cancer. MTX-531 is a potential first-in-class therapy uniquely designed to inhibit both EGFR (Epidermal Growth Factor Receptor) and PI3K (Phosphoinositide 3-kinase), two critical proteins involved in cancer cell survival and proliferation.

"We are excited to share the positive MTX-531 preclinical research published in Nature Cancer, which we believe show promising signals toward a novel solution to addressing the root cause of resistance to current cancer treatments," said Danny Cunagin, chief executive officer, MEKanistic Therapeutics. "By targeting critical adaptive resistance mechanisms with a dual inhibition strategy, we aim to significantly halt cancer progression compared to single-target treatments, and look forward to advancing this innovative therapy to patients in clinical trials."

Key Findings of MTX-531 Study

High Potency, Selectivity Leading to First of Its Kind Tolerability

Preclinical studies demonstrated that MTX-531 exhibits nanomolar potency against both EGFR and PI3K (14.7 nM for EGFR, 6.44 nM for PI3K), with a high degree of selectivity as determined by broad kinome testing. In addition, MTX-531 did not cause hyperglycemia in mice at therapeutic doses, unlike other known pan-PI3K inhibitors, which have been reported to significantly increase blood glucose and insulin levels both in preclinical and clinical settings. 

Judith Sebolt-Leopold, PhD, chief scientific officer, MEKanistic Therapeutics, commented, "MTX-531 is the first PI3K inhibitor capable of selectively co-targeting EGFR and the first known pan-PI3K inhibitor that does not induce hyperglycemia, a known challenge with PI3K inhibitors that often leads to treatment discontinuation. This unique feature, achieved through precise targeting enabled by MTX-531's computational design, confers a favorable therapeutic index and resilience to adaptive resistance mechanisms not observed in prior PI3K inhibitor clinical programs."

Robust Tumor Suppression as Monotherapy and in Combination Therapy

MTX-531 monotherapy led to significant tumor regression in preclinical models of head and neck squamous cell carcinoma (HNSCC). Oral therapy effectively inhibited PI3K and EGFR signaling in a balanced fashion, achieving objective responses in every HNSCC model evaluated. Complete tumor regressions were observed across a broad dose range, with survival improvement ranging from 62% to >500% across models.

In addition, when combined with a MEK inhibitor (trametinib) or a KRAS inhibitor (sotorasib), treatment with MTX-531 more than doubled the incidence of tumor regressions achieving a 100% objective response rate in multiple KRAS mutant colorectal (CRC) and pancreatic tumor models. 

Dr. Sebolt-Leopold added, "Our collective preclinical data show that MTX-531 effectively inhibits tumor growth in cancers with PIK3CA and KRAS mutations, which often lead to aggressive behavior and resistance to standard therapies. MTX-531 was well tolerated and outperformed the combination of drugs that individually target EGFR and PI3K. These findings highlight the versatility and broader potential of MTX-531 in treating hard-to-treat cancers."

The scientific paper can be accessed at the following link: https://www.nature.com/articles/s43018-024-00781-6 

About MTX-531 Development

Investigational new drug-enabling toxicology studies sponsored by the National Cancer Institute's Experimental Therapeutics (NExT) Program are currently underway. The NExT Program aims to advance clinical practice by supporting promising new drug discovery and development projects. Through this program, MEKanistic Therapeutics collaborates with NCI staff and contractors on a milestone-driven project team to conduct these studies and assess MTX-531's safety and efficacy in patients with cancer.

"Our partnership with the NCI is a testament to the promising potential of MTX-531," said Christopher Whitehead, PhD, co-founder and chief operating officer, MEKanistic Therapeutics. "With their support and our focused efforts on GMP manufacturing and drug product development, we are poised to make significant strides in bringing this innovative therapy closer to clinical trials and ultimately to patients in need."

About MEKanistic Therapeutics, Inc.

MEKanistic Therapeutics Inc. is a privately held, Minneapolis, MN based biotechnology company focused on developing innovative kinase inhibitors for the treatment of cancer. The company studies the landscape of signal transduction pathways to create more effective cancer treatments. By targeting compensatory signaling in response to pathway intervention, MEKanistic designs drugs that prevent tumors from developing resistance to targeted therapies. The company's lead candidate is MTX-531, a single molecule that was rationally designed to selectively block two key pathways (EGFR and PI3K) that promote tumor progression. For more information, visit mekanistic.com and engage with MEKanistic on LinkedIn.

MEKanistic Therapeutics is an Invenshure-backed company.

Media Contact:
Priyanka Shah
priyanka@bioscribe.com 

Imbio to be Acquired by 4DMedical Creating Comprehensive Cardiothoracic Image Analysis Portfolio

Acquisition by global medical company advances powerful analytical imaging technology

Minneapolis, December 11, 2023 /PRNewswire/ — Imbio, Inc. (a portfolio company of Minneapolis-based Invenshure LLC), a provider of medical imaging analysis technologies for chronic lung and cardiothoracic diseases , announces it has entered a binding agreement to be acquired by 4DMedical, a leading producer of advanced lung function imaging software. The combined technology offering will turn any standard chest CT into a much broader Cardiothoracic Analysis, immediately providing functional, structural, and risk-based analysis for both lung and heart disease.

Imbio’s technology provides quantitative and personalized imaging analysis for patients with acute and chronic diseases. The automated system transforms chest CT studies into visual lung maps, generating detailed reports on abnormalities. Imbio algorithms support various clinical initiatives, including lung cancer screening, smoking cessation, surgical planning, and pulmonary embolism management. Additionally, they are leveraged in clinical trials and academic research for diverse diseases.

“Imbio is very excited to join forces with 4DMedical to create the leading lung imaging AI suite in the market, combining 4DMedical’s functional analysis with Imbio’s anatomical and tissue analysis. Together we can help clinicians around the globe detect disease earlier, make more robust diagnosis, and drive more informed and confident decision-making for better patient care,” said Dave Hannes, CEO at Imbio.

“This merger represents the culmination of a multi-year effort by Invenshure to create and build Imbio into a preeminent healthcare technology company. Partnering with 4DMedical to create a unified offering and platform will maximize patient impact and shareholder value,” said Danny Cunagin, Chairman of Imbio and Co-CEO of Invenshure.

"I am extremely excited to join forces with the incredibly talented and committed Imbio team. Imbio's market-leading suite of AI solutions provide life-changing insights from CT scans, and perfectly complements 4DMedical's functional imaging technology,” says Andreas Fouras, Founder and CEO of 4DMedical. “We now offer a comprehensive cardiothoracic imaging solution set to providers and their patients. Importantly, the Imbio acquisition also boosts our commitment to improve veteran pulmonary health care—especially for those impacted by toxic exposures during service."

About Invenshure

Founded by tech veterans Danny Cunagin and Troy Kopischke, Invenshure is a venture studio that transforms challenging problems into successful companies. Specializing in high-growth sectors such as biotech, genomics, healthcare IT, diagnostics, cloud computing, and wireless technologies, Invenshure delivers returns to investors and contributes to overall betterment. Learn more at www.invenshure.com.

About Imbio

Imbio is a leader in artificial intelligence (AI) medical imaging solutions for chronic lung and cardiothoracic diseases. Imbio’s regulatory-cleared solutions transform the way patients are discovered, diagnosed, and treated, enabling physician productivity and more personalized care for patients. Learn more at www.imbio.com

About 4DMedical

4DMedical Limited (ASX:4DX) is a global medical technology company that has created a step change in the capacity to accurately and quickly understand the lung function of patients with respiratory diseases.

Through its flagship patented XV Technology®, 4DMedical enables physicians to understand regional airflow in the lungs and identify respiratory deficiencies earlier and with greater sensitivity as they breathe. This technology powers 4DMedical's FDA-cleared XV Lung Ventilation Analysis Software (XV LVAS®) ̶ the first modality to dynamically quantify ventilation throughout the lungs, and its Computed Tomography-enabled counterpart software, CT LVAS®.

XV LVAS and CT LVAS reports are prepared using 4DMedical's Software as a Service delivery model using existing hospital imaging equipment or the Company's revolutionary XV Scanner. To learn more, please visit www.4dmedical.com.

Media Contact:

Adam Becker

adambecker@invenshure.com

(952) 270-2332

Gundersen Health System Expands Genetics Program with Genome Medical’s Telegenetic Counseling Services

Gundersen Health System, a physician-led, non-profit, comprehensive integrated healthcare network, Edge, Gundersen’s Innovation arm, and Genome Medical, the leading telehealth provider of genetic services and genomics-based care, are teaming up to expand Gundersen’s genetic and preventive care services for patients with cancer and their families. 

Genome Medical Wins “Genomics Innovation Award” in 7th Annual MedTech Breakthrough Awards Program

Genome Medical, the leading telehealth provider of genetic services and genomics-based care, today announced that its RISE Risk Assessment Module is the recipient of the “Genomics Innovation Award” in the 7th annual MedTech Breakthrough Awards program. MedTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market.

Genome Medical and xCures Partner to Enhance Genetic Services with Personalized Clinical Data

Genome Medical and xCures have joined forces to provide patients with a new level of personalized care. Through this collaboration, Genome Medical's genetic counselors will have access to xCures' comprehensive care summaries for patients based on electronic medical records from across the healthcare ecosystem. This information will be used to better inform the treatment of Genome Medical patients.

Exosite Recognized in Gartner® 2022 Magic Quadrant™ for Global Industrial IoT Platforms

Exosite is excited to announce inclusion in the 2022 Gartner® Magic Quadrant™ for Global Industrial IoT Platforms, which marks the fourth consecutive year in the annual report. As one of 16 vendors to meet Gartner’s inclusion criteria for the report, Exosite was evaluated in this Magic Quadrant report based on its Ability to Execute and its Completeness of Vision.

ASUKA Announces CO2 Monitoring System leveraging Exosite and Infineon

ASUKA KP-200W is a high-sensitive, system-level CO2 sensing module by utilizing Infineon’s PAS technology CO2 sensing IC, microcontrollers, and WiFi. It is capable of measuring the indoor air quality every minute and uploading the sensor data via WiFi to Exosite’s ExoSense®, a condition monitoring cloud application that provides visualizations and operational insights. The IoT data is securely stored in Exosite’s IoT software platform and can also be accessed by ASUKA's mobile APP.

Invenshure Launches MEKanistic Therapeutics™

Venture studio Invenshure announces the launch of MEKanistic Therapeutics, a biotechnology company redefining precision oncology. Co-inventors and pioneers in the MEK inhibitor field, Judith Sebolt-Leopold, PhD, and Christopher Whitehead, PhD, MBA, have rationally designed a drug that blocks two, key pathways (EGFR and PI3K) used to signal cancer cell growth, with a single molecule. In preclinical studies, this first-in-class dual inhibitor shows unparalleled tumor shrinkage without the toxicity generally associated with current kinase inhibitors.

Exosite and ICP DAS Announce Partnership to Bring ExoWISE Software Solution to Market

Exosite, LLC, a leading provider in the Industrial Internet of Things (IIoT) market, today announced a partnership with ICP DAS, a leading manufacturer of industrial automation equipment. The collaboration brings to life ExoWISE, a solution that combines Exosite’s ExoSense® remote monitoring application and Murano® IoT platform with ICP DAS’s WISE-5231 IIoT edge gateway to enable end-to-end remote monitoring that can be deployed in a matter of minutes, requires no coding to customize and is highly secure.