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Cullinan Oncology Announces U.S. FDA Clearance of Investigational New Drug Application for Novel MICA/B Antibody, CLN-619, for Relapsed/Refractory Multiple Myeloma

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Cullinan Oncology, Inc. (CGEM) to initiate Phase 1 study of CLN-619 for relapsed or refractory multiple myeloma, marking the first MICA/B antibody clinical study in hematologic malignancies. The FDA has cleared the Investigational New Drug (IND) application for CLN-619, a potential first-in-class humanized IgG1 monoclonal antibody. The company plans to start a Phase 1 trial to evaluate CLN-619 in patients with multiple myeloma.
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Insights

The initiation of a Phase 1 study for CLN-619 in relapsed or refractory multiple myeloma represents a significant development in the field of oncology. Multiple myeloma is a complex hematologic malignancy characterized by the uncontrolled proliferation of plasma cells in the bone marrow. Despite advancements in treatment, the disease is often marked by relapses, with diminishing responses to subsequent therapies. The introduction of a novel monoclonal antibody like CLN-619, designed to target MICA/B, could potentially enhance immune system recognition of tumor cells, an approach that leverages the body's natural defense mechanisms against cancer.

Monoclonal antibodies have been a cornerstone in the treatment of various cancers due to their specificity and ability to modulate immune responses. The safety profile of CLN-619, as mentioned, is crucial, as it suggests the potential for combination with existing therapies, which could amplify treatment efficacy while possibly mitigating additional toxicity. The dual focus on solid tumors and hematologic malignancies for CLN-619 underscores the therapeutic versatility and could potentially lead to broad applications if clinical trials yield positive outcomes.

From a research and development perspective, the FDA's clearance of the IND application for CLN-619 is a pivotal milestone for Cullinan Oncology. The transition into clinical trials for hematologic malignancies marks a strategic expansion beyond solid tumors, potentially diversifying the therapeutic pipeline of the company. The unique mechanism of action of CLN-619, which involves the restoration of MICA/B expression on tumor cells, addresses a novel pathway in cancer immunotherapy. The ability of tumor cells to evade immune surveillance through MICA/B shedding is a recognized obstacle in oncology and targeting this mechanism could lead to significant advancements in treatment.

Investors and stakeholders should monitor the updated clinical data in Q2 2024, as this will provide critical insights into the drug's efficacy and safety. The outcome of these trials will have direct implications for the company's valuation and future funding requirements. Success in these early-stage trials could lead to increased investor confidence and potentially attract partnerships or additional investment for further development.

The market for multiple myeloma treatments is highly competitive, with several established therapies and numerous others in development. The progression to Phase 1 trials for CLN-619 places Cullinan Oncology in a dynamic segment of the market, with the potential to capture a significant share if the treatment proves to be effective. The focus on relapsed or refractory multiple myeloma, a patient group with high unmet medical needs, aligns with market trends that prioritize treatments for more challenging cases.

It is important to consider the broader market dynamics, including the regulatory landscape and reimbursement challenges that novel therapies often face. Should CLN-619 demonstrate a favorable benefit-risk profile, it could gain traction not only among the medical community but also with payers, which is critical for commercial success. The anticipation of updated clinical data in the next year will likely keep the industry and investors focused on Cullinan Oncology's progress, with potential impacts on the company's stock performance and market positioning.

Company will initiate Phase 1 study of CLN-619 for relapsed or refractory multiple myeloma, first MICA/B antibody clinical study in hematologic malignancies

Follows ongoing clinical study of CLN-619 alone and in combination with pembrolizumab in solid tumors, with anticipated updated clinical data in Q2 2024

CAMBRIDGE, Mass., March 01, 2024 (GLOBE NEWSWIRE) -- Cullinan Oncology, Inc. (Nasdaq: CGEM), a biopharmaceutical company focused on modality-agnostic targeted oncology therapies, today announced the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for CLN-619 in relapsed/refractory multiple myeloma. CLN-619 is a potential first-in-class humanized IgG1 monoclonal antibody that binds to stress-induced ligands, MICA and MICB, which are expressed on a wide variety of solid tumors and hematologic malignancies. The company will commence a Phase 1 dose-escalation and dose-expansion trial of CLN-619.

“Multiple myeloma remains incurable, and most patients experience sequential relapses. The response to treatment is typically shorter with each relapse, so novel treatments are still needed,” said Jeffrey Jones, MD, MPH, MBA, Chief Medical Officer, Cullinan Oncology. “Multiple myeloma is another example of a malignancy where MICA/B shedding from tumor cells allows for immune evasion. As we shared at SITC 2023, CLN-619 restores MICA/B expression on tumor cells, enabling immune recognition. This Phase 1 trial will assess CLN-619 in patients with multiple myeloma, and, given the safety profile shown to date for CLN-619, we believe there is an opportunity to combine the monoclonal antibody with multiple standard therapies. With clinical studies in both solid tumors and hematologic malignancies, we look forward to assessing the full potential of CLN-619 to address multiple areas of unmet clinical need.”

About CLN-619

CLN-619 is a potential first-in-class humanized IgG1 monoclonal antibody that binds to the stress-induced ligands MICA and MICB, which are expressed on a wide variety of solid tumors and hematologic malignancies. Engagement of MICA/B by the activating receptor NKG2D, present on both cytotoxic innate and adaptive immune cells, results in target cell lysis. However, tumor cells can shed MICA/B via proteases they release into the tumor microenvironment, resulting in evasion of immune-mediated destruction. CLN-619 functions by restoring MICA/B expression on the surface of tumor cells, enhancing the interaction between MICA and NKG2D, and inducing antibody-dependent cellular toxicity (ADCC), together promoting anti-tumor activity via multiple immune-mediated mechanisms. CLN-619 is being studied in an ongoing Phase 1 clinical trial (NCT05117476) both as a monotherapy and in combination with pembrolizumab in patients with solid tumors. The study design allows dose level extensions as well as expansion in tumor-specific cohorts. CLN-619 will also be studied in a Phase 1 clinical trial in patients with relapsed/refractory multiple myeloma.

About Cullinan Oncology

Cullinan Oncology, Inc. (Nasdaq: CGEM) is a biopharmaceutical company dedicated to creating new standards of care for patients with cancer. We innovate without borders to find the most promising clinic-ready cancer therapies, whether from our own discovery efforts or through exceptional engagement with our academic and industry partners. Anchored in a deep understanding of immuno-oncology and translational cancer medicine, we leverage our scientific excellence in small molecules and biologics to create differentiated ideas, identify unique targets, and select the optimal modality to develop transformative therapeutics across cancer indications. Powered by our novel research model, we push conventional boundaries from candidate selection to cancer therapeutic, applying rigorous early experimentation to fast-track only the most promising assets to the clinic and ultimately commercialization. As a result, our diversified pipeline is strategically built with assets that activate the immune system or inhibit key oncogenic drivers across a wide range of modalities, each with the potential to be the best or first in their class.

Our people possess deep scientific expertise, seek innovation openly, and exercise creativity and urgency to deliver on our promise to bring new therapeutic solutions to patients with cancer. Learn more about our Company at www.cullinanoncology.com, and follow us on LinkedIn and Twitter.

Forward-looking statements

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, express or implied statements regarding Cullinan’s beliefs and expectations regarding our preclinical and clinical development plans and timelines, clinical trial designs, clinical and therapeutic potential, and strategy of our product candidates, including but not limited to our expectations and beliefs around the safety and efficacy of CLN-619. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “target,” “should,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Any forward-looking statements in this press release are based on management's current expectations and beliefs of future events and are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any expressed or implied by the forward-looking statements. These risks include, but are not limited to, the following: uncertainty regarding the timing and results of regulatory submissions; success of our clinical trials and preclinical studies; risks related to our ability to protect and maintain our intellectual property position; risks related to manufacturing, supply, and distribution of our product candidates; risks related to the impact of COVID-19 affecting countries or regions in which we have operations or do business, including potential negative impacts on our employees, customers, supply chain and production as well as global economies and financial markets; the risk that any one or more of our product candidates, including those that are co-developed, will not be successfully developed and commercialized; the risk that the results of preclinical studies or clinical studies will not be predictive of future results in connection with future studies; and success of any collaboration, partnership, license or similar agreements. These and other important risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in our most recent Annual Report on Form 10-K and subsequent filings with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change, except to the extent required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. Moreover, except as required by law, neither Cullinan nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements included in this press release. Any forward-looking statement included in this press release speaks only as of the date on which it was made.

Investors
Chad Messer
+1 203.464.8900
cmesser@cullinanoncology.com

Media 
Rose Weldon
+1 215.801.7644
rweldon@cullinanoncology.com


FAQ

What is the purpose of the Phase 1 study for CLN-619?

The Phase 1 study aims to evaluate CLN-619 in patients with relapsed or refractory multiple myeloma.

What type of antibody is CLN-619?

CLN-619 is a humanized IgG1 monoclonal antibody that binds to stress-induced ligands, MICA and MICB.

What did Cullinan Oncology announce regarding CLN-619?

Cullinan Oncology announced that the FDA has cleared its Investigational New Drug (IND) application for CLN-619 in relapsed/refractory multiple myeloma.

Who is the Chief Medical Officer of Cullinan Oncology?

Jeffrey Jones, MD, MPH, MBA, is the Chief Medical Officer of Cullinan Oncology.

What is the potential of CLN-619 according to Cullinan Oncology?

Cullinan Oncology believes there is an opportunity to combine CLN-619 with multiple standard therapies based on the safety profile shown to date.

Cullinan Therapeutics, Inc.

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