Tempest Announces Presentation at the Society for Immunotherapy of Cancer (SITC) 36th Annual Meeting

Rhea-AI Summary

Tempest Therapeutics (Nasdaq: TPST) announced the acceptance of a presentation for TPST-1495 at the Society for Immunotherapy of Cancer’s 36th Annual Meeting scheduled for November 10-14, 2021. The presentation, titled "Dual blockade of the EP2 and EP4 PGE2 receptors with TPST-1495 is an optimal approach for drugging the prostaglandin pathway", will highlight preclinical studies showing TPST-1495's enhanced efficacy over single antagonists against tumor progression and immune suppression. Tempest is currently advancing TPST-1495 in a Phase 1a/1b clinical trial targeting advanced solid tumors.

Positive

• Acceptance of a presentation for TPST-1495 at a major oncology conference, enhancing visibility.
• Preclinical studies show TPST-1495 significantly outperforms single antagonists in combating immune suppression and tumor activity.
• Ongoing Phase 1a/1b trials for TPST-1495 could expand therapeutic indications, including colorectal cancer.

Negative

• None.

SOUTH SAN FRANCISCO, Calif., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Tempest Therapeutics, Inc. (Nasdaq: TPST), a clinical-stage oncology company developing potentially first-in-class therapeutics that combine both targeted and immune-mediated mechanisms, today announced the acceptance of a presentation on TPST-1495, a selective antagonist of both EP2 and EP4 prostaglandin receptors, at the Society for Immunotherapy of Cancer’s (SITC) 36th Annual Meeting taking place November 10-14, 2021 at the Walter E. Washington Convention Center in Washington, D.C.

Details of the poster presentation are as follows:

Title:	Dual blockade of the EP2 and EP4 PGE2 receptors with TPST-1495 is an optimal approach for drugging the prostaglandin pathway
Abstract #:	850
Category:	Novel Single Agent Immunotherapies
Date/time:	11/12/2021 – 11/13/2021, 7:00 am – 8:30 pm ET
Location:	Poster Hall

To view the abstract details, please visit the SITC 2021 website located at https://www.sitcancer.org/2021/home.

About TPST-1495

TPST-1495 is an orally-available small molecule designed to block the EP2 and EP4 receptors in the prostaglandin (PGE2) pathway, while sparing the homologous but differentially active EP1 and EP3 receptors. PGE2 signaling through EP2 and EP4 has been observed both to enhance tumor progression and promote immune suppression. Tempest has conducted head-to-head preclinical studies comparing TPST-1495 to single antagonists of EP2 and EP4 and observed significantly enhanced activity of TPST-1495 in both overcoming PGE2-mediated suppression of human immune cells in vitro, as well as significantly increased anti-tumor activity in mouse models of human colorectal cancer. Tempest is currently evaluating the safety, tolerability, pharmacokinetics (PK), pharmacodynamics (PD), and possible anti-tumor activity of TPST-1495 in a multicenter Phase 1a/1b dose and schedule optimization study in subjects with advanced solid tumors, with the potential to expand in indications known to be prostaglandin-driven, including colorectal cancer, or CRC, and in a tumor indication-agnostic, biomarker-selected cohort.

About Tempest Therapeutics

Tempest Therapeutics is a clinical-stage oncology company advancing small molecules that combine both targeted and immune-mediated mechanisms with the potential to treat a wide range of tumors. The company’s two novel clinical programs are TPST-1495 and TPST-1120, antagonists of EP2/EP4 and PPARα, respectively. Both TPST-1495 and TPST-1120 are advancing through Phase 1 studies designed to study both agents as monotherapies and in combination with other approved agents. Tempest is also developing an orally available inhibitor of TREX-1 designed to activate the cGAS/STING pathway selectively. Tempest is headquartered in South San Francisco and supported by notable healthcare investors. More information about Tempest can be found on the company’s website at www.tempesttx.com.

Forward-Looking Statements

This press release contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”)) concerning Tempest Therapeutics, Inc. (“Tempest”). These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the management of Tempest, as well as assumptions made by, and information currently available to, management of Tempest. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “could”, “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend,” “potentially,” and other similar expressions. All statements that are not historical facts are forward-looking statements, including: any statements regarding the progress, scope or timing of the development and evaluation in clinical trials of our product candidates; the benefits that may be derived from any future products or the commercial; or market opportunity with respect to any of our future products. Forward-looking statements are based on information available to Tempest as of the date hereof and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: our inability to successfully or timely develop our product candidates; our inability to realize any benefits from any future products; and our failure to realize any commercial or market benefit from future products, if any. These and other risks are described in greater detail in the Form 10-Q filed by Tempest with the Securities and Exchange Commission on August 12, 2021. Except as required by applicable law, Tempest undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Tempest’s views as of any date subsequent to the date of this press release and should not be relied upon as prediction of future events. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of Tempest.

Investor Contact:

Sylvia Wheeler
Wheelhouse Life Science Advisors
swheeler@wheelhouselsa.com

Media Contact:

Aljanae Reynolds
Wheelhouse Life Science Advisors
areynolds@wheelhouselsa.com

FAQ

What is the significance of TPST-1495's presentation at the SITC Annual Meeting?

The presentation will showcase TPST-1495's potential as a leading therapy in targeting prostaglandin receptors, enhancing its visibility within the oncology community.

When will the TPST-1495 presentation take place?

The presentation is scheduled for November 12-13, 2021, from 7:00 am to 8:30 pm ET.

What are the potential benefits of TPST-1495 based on the preclinical studies?

Preclinical studies indicate TPST-1495 may effectively overcome immune suppression and enhance anti-tumor activity compared to single receptor antagonists.

What phase is the clinical trial for TPST-1495 currently in?

TPST-1495 is currently undergoing a multicenter Phase 1a/1b dose and schedule optimization study.

What types of tumors is TPST-1495 being evaluated for?

TPST-1495 is being evaluated for advanced solid tumors, with potential expansion into indications driven by prostaglandins, including colorectal cancer.