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PDS Biotechnology

PDS Biotechnology logo
🇺🇸United States
Ownership
Public
Established
2005-01-01
Employees
25
Market Cap
$114.8M
Website
http://www.pdsbiotech.com
Introduction

PDS Biotechnology Corp. engages in the development of clinical-stage immunotherapies to treat various early-stage and late-stage cancers, including head and neck cancer, prostate cancer, breast cancer, cervical cancer, anal cancer, and other cancers. Its product, PDS0101, is an off the shelf immunotherapeutic that is administered by subcutaneous injection. The company was founded by Frank K. Bedu-Addo in 2005 and is headquartered in Princeton, NJ.

Versamune® HPV Shows Promising ctDNA Clearance and Survival Rates in Advanced Cervical Cancer Trial

• Clinical trial data reveals 100% HPV16 ctDNA clearance in patients receiving Versamune® HPV plus chemoradiotherapy, compared to 50% in standard therapy group at 3-4 months follow-up. • HPV ctDNA clearance strongly correlates with improved 2-year recurrence-free survival, achieving a significant 92.9% versus 30% rate (P = 0.0067). • Patients receiving five doses of Versamune® HPV with chemoradiotherapy demonstrated impressive 36-month overall survival rate of 100%, highlighting potential therapeutic value.

PDS Biotech's VERSATILE-003 Phase 3 Trial for HPV16-Positive Head and Neck Cancer to Start Q1 2025

• PDS Biotech reaffirms the initiation of the VERSATILE-003 Phase 3 clinical trial in Q1 2025 for HPV16-positive recurrent/metastatic head and neck squamous cell carcinoma. • The VERSATILE-003 trial will evaluate Versamune® HPV in combination with pembrolizumab as a first-line treatment option. • The FDA has cleared the amended trial design, paving the way for the trial's commencement at the beginning of 2025. • PDS Biotech presented rationale for combining PDS01ADC + Xtandi® (Enzalutamide) versus Xtandi® alone for recurrent prostate cancer.

Arvinas Advances Vepdegestrant into Phase 3 Trials for Breast Cancer and Updates Pipeline Milestones

• Arvinas plans to initiate two Phase 3 trials in 2025 for vepdegestrant in ER+/HER2- metastatic breast cancer, one in the first-line setting with atirmociclib and another in the second-line setting with a CDK4/6 inhibitor. • Topline data from the Phase 3 VERITAC-2 monotherapy trial of vepdegestrant in second-line-plus ER+/HER2- metastatic breast cancer is anticipated in the first quarter of 2025. • Arvinas is set to present initial data from the Phase 1 trial of ARV-393 in B-cell lymphomas and file an IND application for a novel PROTAC KRAS G12D degrader in 2025. • Phase 1 trial with PROTAC LRRK2 degrader ARV-102 in patients with Parkinson’s disease has been initiated, with data expected to be presented in the first half of 2025.

Adicet Bio's ADI-001 Receives FDA Fast Track for Refractory SLE, Expands Autoimmune Pipeline

• Adicet Bio's ADI-001 receives FDA Fast Track designation for refractory systemic lupus erythematosus (SLE) with extrarenal involvement, expediting its development. • A Phase 1 trial is underway, evaluating ADI-001 across six autoimmune indications, including lupus nephritis (LN), SLE, systemic sclerosis (SSc), and others, with preliminary data expected in 2025. • ADI-001, an allogeneic gamma delta CAR T-cell therapy targeting CD20, has shown promising B-cell depletion in preclinical studies, suggesting potential as an off-the-shelf treatment. • Adicet Bio is also advancing ADI-270, a CAR T-cell therapy for metastatic clear cell renal cell carcinoma (ccRCC), with Phase 1 data anticipated in the first half of 2025.

PDS Biotech's VERSATILE-003 Phase 3 Trial for HPV16-Positive Head and Neck Cancer to Initiate Q1 2025

• PDS Biotech reaffirms its plan to initiate the VERSATILE-003 Phase 3 trial in Q1 2025, evaluating Versamune HPV plus pembrolizumab for recurrent/metastatic HPV16-positive head and neck cancer. • The FDA has cleared the updated clinical protocol for the trial, which maintains statistical power with approximately 350 patients and a 2:1 randomization. • VERSATILE-002 study data showed a median overall survival of 30 months, an objective response rate improvement to 36%, and a disease control rate of 77%. • The VERSATILE-003 trial will utilize a companion diagnostic to confirm HPV16-positive HNSCC, ensuring targeted therapy for suitable patients.

PDS Biotech's Versamune HPV Shows Promise in HPV16-Positive Cancers, Phase III Trial Planned

• PDS Biotechnology's VERSATILE-003 Phase III trial, evaluating Versamune HPV with pembrolizumab, is set to begin in early 2025, with interim data expected six months after enrollment completion. • Encouraging VERSATILE-002 data reveals improved overall survival and objective response rates with Versamune HPV compared to pembrolizumab alone in HPV16-positive cancers. • IMMUNOCERV trial data supports further development of Versamune HPV for cervical cancer, demonstrating high overall and progression-free survival rates. • PDS Biotech maintains a solid financial position with approximately $50 million in cash reserves, supporting ongoing clinical trials and research initiatives.

PDS Biotech's PDS0101 and Keytruda Combination Therapy to Enter Phase 3 Trial for HPV16-Positive Cancers

• PDS Biotechnology is set to initiate the VERSATILE-003 Phase 3 trial in Q1 2025, evaluating the combination of PDS0101 and Keytruda. • The trial will focus on patients with HPV16-positive head and neck squamous cell carcinoma (HNSCC). • The analysts believe Merck's Keytruda success in KEYNOTE-689 study is unlikely to affect the Versamune double combination since KEYNOTE-689 enrolled very few HIV16+ patients. • Alliance Global Partners maintains a Buy rating on PDSB, though lowered the price target to $4.50 from $7.

PDS Biotech Reports Q3 2024 Results, Highlights VERSATILE-003 Trial Progress

• PDS Biotechnology Corp reported a net loss of $10.7 million in Q3 2024, slightly better than the $10.8 million loss in Q3 2023, with revenue in line with expectations. • R&D expenses increased to $6.8 million due to higher manufacturing costs, while general and administrative expenses decreased to $3.4 million. • The company is advancing its VERSATILE-003 Phase 3 trial, combining Versamune® HPV with pembrolizumab for HPV16-positive head and neck squamous cell cancer. • Modifications to the VERSATILE-003 trial design aim to reduce costs and expedite data readouts, with $49.8 million in cash and cash equivalents as of September 30, 2024.

PDS Biotech Presents Trial Design of PDS01ADC Plus Enzalutamide for Recurrent Prostate Cancer

• PDS Biotech presented the rationale and design for a clinical trial evaluating PDS01ADC in combination with enzalutamide for recurrent prostate cancer. • The trial aims to assess the efficacy of this combination without testosterone-lowering therapy in biochemically recurrent prostate cancer patients. • The presentation took place at the 12th Annual Meeting of the International Cytokine & Interferon Society (Cytokines 2024) in Seoul, South Korea. • PDS01ADC, an IL-12 fused antibody-drug conjugate, is being developed as part of a triple combination therapy for HPV16-positive cancers.

PDS Biotech's PDS0101 Shows Promising Survival Data in Advanced Cervical Cancer Trial

• PDS Biotechnology's IMMUNOCERV trial shows an 84.4% overall survival rate at 36 months for advanced cervical cancer patients treated with PDS0101 and chemoradiation. • Patients receiving all five doses of Versamune HPV in the trial achieved a 100% overall survival rate at 36 months, significantly surpassing historical rates. • The combination therapy of PDS0101 and chemoradiation demonstrates a favorable safety profile with minimal toxicity in treating HPV-related cervical cancer. • H.C. Wainwright maintains a Buy rating for PDS Biotechnology, highlighting the potential of PDS0101 as a novel immunotherapy for HPV-driven tumors.

PDS Biotech's Versamune® HPV Plus Pembrolizumab Shows Promising Results in Head and Neck Cancer

• PDS Biotech announced Phase 2 trial results of Versamune® HPV with pembrolizumab for HPV16-positive recurrent/metastatic head and neck squamous cell carcinoma (HNSCC). • The combination therapy demonstrated a median overall survival of 30 months, significantly higher than pembrolizumab alone. • The trial also showed a 36% objective response rate and a 77% disease control rate, outperforming historical data for pembrolizumab monotherapy. • PDS Biotech plans to initiate a Phase 3 clinical trial (VERSATILE-003) this year to further evaluate the combination therapy.

PDS Biotech's Versamune-HPV and Keytruda Combo Shows Promising Survival in Head and Neck Cancer

• PDS Biotechnology's Versamune-HPV, combined with Keytruda, demonstrated a median overall survival of 30 months in HPV16-positive recurrent/metastatic head and neck squamous cell carcinoma (HNSCC). • The combination therapy achieved an objective response rate of 36%, surpassing the published rates of 19-25% for pembrolizumab alone in similar patient populations. • A disease control rate of 77% was observed, with 21% of patients experiencing significant tumor shrinkage (90-100%) and 9% achieving a complete response. • Treatment-related adverse events of Grade 3 or higher were reported in 9 patients, suggesting a manageable safety profile for the combination regimen.
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