Junshi Biosciences and Coherus Announce FDA Acceptance of BLA Filing for Toripalimab for Treatment of Nasopharyngeal Carcinoma

FDA has granted the toripalimab BLA Priority Review with a target action date of April 2022

SHANGHAI, China and REDWOOD CITY, Calif., Nov. 01, 2021 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd. (“Junshi Biosciences”, HKEX: 1877; SSE: 688180) and Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS) announced today that the United States Food and Drug Administration (“FDA”) has accepted for review the Biologics License Application (“BLA”) for toripalimab in combination with gemcitabine and cisplatin for the first-line treatment for patients with advanced recurrent or metastatic nasopharyngeal carcinoma (“NPC”) and toripalimab monotherapy for the second-line or above treatment of recurrent or metastatic NPC after platinum-containing chemotherapy. The FDA has granted Priority Review Designation for the toripalimab BLA and set a Prescription Drug User Fee Act (“PDUFA”) action date for April 2022. The FDA is not currently planning to hold an advisory committee meeting to discuss the application.

“We are excited by the continued progress of toripalimab toward a first marketing authorization outside of China,” said Dr. Patricia Keegan, Chief Medical Officer of Junshi Biosciences. “With the earlier approval in China, toripalimab became the world’s first immune checkpoint inhibitor for the treatment of nasopharyngeal carcinoma, bringing a novel therapy to a disease that has long lacked new drug development. We will cooperate closely with our partner, Coherus, to leverage the FDA’s Priority Review designation to accelerate the completion of the BLA review and believe toripalimab, if approved, will bring an important new treatment option for NPC patients in the United States.”

“Nasopharyngeal carcinoma is an aggressive tumor that currently has no FDA-approved immuno-oncology treatment options, and we believe that toripalimab in combination with chemotherapy, if approved, will establish a new standard of care for first line treatment of advanced NPC,” said Denny Lanfear, CEO of Coherus. “Toripalimab is the PD-1 cornerstone of our immuno-oncology strategy, and we are pleased that the FDA has accepted the BLA for review. Including the toripalimab application, Coherus now has three product candidate BLAs under review by the FDA, and our team is making rapid progress toward our goal to diversify and expand our commercial product portfolio.”

The toripalimab BLA is supported by the results from clinical studies “POLARIS-02” and “JUPITER-02”. The POLARIS-02 study is a multi-center, open-label, pivotal Phase II clinical study, the results of which were published online in January 2021 in the Journal of Clinical Oncology. The JUPITER-02 study is a randomized, double blind, placebo-controlled, international multi-center Phase 3 clinical trial, the results of which were recently presented at the American Society of Clinical Oncology annual meeting in a Plenary Session presentation (#LBA2) and were published as the cover article of the September 2021 issue of Nature Medicine.

In August 2021, the FDA granted Breakthrough Therapy Designation (“BTD”) for toripalimab in combination with chemotherapy (gemcitabine and cisplatin) for the 1st line treatment of recurrent, locally advanced or primary metastatic non-keratinizing nasopharyngeal carcinoma (“NPC”) and in September 2020 granted BTD for toripalimab monotherapy for patients with recurrent or metastatic non-keratinizing NPC with disease progression on or after platinum-containing chemotherapy. The toripalimab BLA has been granted priority review with a six-month target action date, as compared to a 10-month standard review timeline. Priority review designation directs FDA resources to the evaluation of applications for drugs that, if approved, would represent significant improvements in the treatment of serious conditions.

About Toripalimab
Toripalimab is an anti-PD-1 monoclonal antibody developed for its ability to block PD-1 interactions with its ligands, PD-L1 and PD-L2, and for enhanced receptor internalization (endocytosis function). Blocking PD-1 interactions with PD-L1 and PD-L2 is thought to recharge the immune system’s ability to attack and kill tumor cells. More than thirty company-sponsored toripalimab clinical studies covering more than fifteen indications have been conducted globally, including in China, the United States, Southeast Asia, and European countries. Ongoing or completed pivotal clinical trials evaluating the safety and efficacy of toripalimab cover a broad range of tumor types including cancers of the lung, nasopharynx, esophagus, stomach, bladder, breast, liver, kidney and skin.

In China, toripalimab was the first domestic anti-PD-1 monoclonal antibody approved for marketing (approved in China as TUOYI®). On December 17, 2018, toripalimab was granted a conditional approval by the National Medical Products Administration (NMPA) for the second-line treatment of unresectable or metastatic melanoma. In December 2020, toripalimab was successfully included in the updated National Reimbursement Drug List. In February 2021, the NMPA granted a conditional approval to toripalimab for the treatment of patients with recurrent or metastatic nasopharyngeal carcinoma (“NPC”) after failure of at least two lines of prior systemic therapy. In April, the NMPA granted a conditional approval to toripalimab for the treatment of patients with locally advanced or metastatic urothelial carcinoma who failed platinum-containing chemotherapy or progressed within 12 months of neoadjuvant or adjuvant platinum-containing chemotherapy. In addition, two supplemental NDAs for toripalimab in combination with chemotherapy for the first-line treatment of patients with advanced, recurrent or metastatic NPC and for the first-line treatment of patients with advanced or metastatic esophageal squamous cell carcinoma were accepted by the NMPA for review in February and July 2021 respectively.

In the United States, the FDA has granted priority review for the toripalimab BLA for the treatment of recurrent or metastatic NPC. Earlier, the FDA granted Breakthrough Therapy designation for toripalimab in combination with chemotherapy for the 1st line treatment of recurrent or metastatic NPC and also for toripalimab monotherapy in the second or third line treatment of recurrent or metastatic NPC. There are currently no PD-1 blocking antibodies indicated for use in NPC in the United States. Additionally, FDA has granted Fast Track designation for toripalimab for the treatment of mucosal melanoma and orphan drug designation for NPC, mucosal melanoma and soft tissue sarcoma. Earlier in 2021 Coherus in-licensed rights to develop and commercialize toripalimab in the United States and Canada. Junshi Biosciences and Coherus plan to file additional toripalimab BLAs with the FDA over the next three years for multiple other cancer types.

About Nasopharyngeal Carcinoma
Nasopharyngeal carcinoma (“NPC”) is a type of aggressive cancer that starts in the nasopharynx, the upper part of the throat behind the nose and near the base of skull. NPC is rare in the United States with annual incidence of fewer than 1 per 100,000. The five-year survival rate for all patients diagnosed with NPC is approximately 60%; however, those who are diagnosed with advanced disease have five-year survivals of approximately 25%.  Due to the location of the primary tumor, surgery is rarely an option, and patients with localized disease are treated primarily with radiation and chemotherapy.  Patients with advanced or recurrent disease are treated with combination chemotherapy.  There are currently no FDA-approved immuno-oncology agents for NPC.

About Coherus BioSciences
Coherus is a commercial stage biopharmaceutical company with the mission to increase access to cost-effective medicines that can have a major impact on patients’ lives and to deliver significant savings to the health care system. Coherus’ strategy is to build a leading immuno-oncology franchise funded with cash generated by its commercial biosimilar business. For additional information, please visit www.coherus.com.

Coherus markets UDENYCA® (pegfilgrastim-cbqv) in the United States and through 2023 expects to launch toripalimab, an anti-PD-1 antibody, as well as biosimilars of Lucentis®, Humira®, and Avastin®, if approved.

UDENYCA® is a trademark of Coherus BioSciences, Inc.

Avastin® and Lucentis® are registered trademarks of Genentech, Inc.

Humira® is a registered trademark of AbbVie Inc.

About Junshi Biosciences
Founded in December 2012, Junshi Biosciences (HKEX: 1877; SSE: 688180) is an innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of innovative therapeutics. The company has established a diversified R & D pipeline comprising 45 drug candidates, with five therapeutic focus areas covering cancer, autoimmune, metabolic, neurological, and infectious diseases. Junshi Biosciences was the first Chinese pharmaceutical company that obtained marketing approval for anti-PD-1 monoclonal antibody in China. Its first-in-human anti-BTLA antibody for solid tumors was the first in the world to be approved for clinical trials by the FDA and NMPA and its anti-PCSK9 monoclonal antibody was the first in China to be approved for clinical trials by the NMPA. In early 2020, Junshi Biosciences joined forces with the Institute of Microbiology of Chinese Academy of Science and Eli Lilly to co-develop JS016 (etesevimab), China’s first neutralizing fully human monoclonal antibody against SARS-CoV-2. JS016 administered with bamlanivimab has been granted Emergency Use Authorizations (EUA) in 15 countries and regions worldwide. The JS016 program is a part of our continuous innovation for disease control and prevention of the global pandemic. Junshi Biosciences has over 2,500 employees in the United States (San Francisco and Maryland) and China (Shanghai, Suzhou, Beijing and Guangzhou). For more information, please visit: http://junshipharma.com.

Forward-Looking Statements

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, Coherus’ ability to generate cash flow from its UDENYCA® business; Coherus’ and Junshi Biosciences’ ability to co-develop toripalimab, and Coherus’ ability to commercialize toripalimab, or any other drug candidates developed as part of its collaboration with Junshi Biosciences in the licensed territory; Coherus’ ability to expand a late-stage pipeline into the rapidly growing checkpoint inhibitor market; any market size expectation for checkpoint inhibitor therapeutic agents in the United States; the ability for ex-US clinical trial data from a single country to support an approval by the FDA; whether the FDA will hold an advisory committee meeting to discuss the toripalimab BLA for nasopharyngeal carcinoma; the potential for toripalimab to gain approval in the United States for nasopharyngeal carcinoma, lung cancer, or any indication; Coherus’ and Junshi Biosciences’ plans to file additional toripalimab BLAs with the FDA over the next three years for other clinical indications; Coherus’ plans to invest the cash generated by its biosimilar commercial business to build a focused immuno-oncology franchise; Coherus’ ability to prepare for projected launches through 2023 of biosimilars of Humira®, Avastin® and Lucentis®, if approved.

Such forward-looking statements involve substantial risks and uncertainties that could cause Coherus’ actual results, performance or achievements to differ significantly from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the risks and uncertainties inherent in the clinical drug development process; the risks and uncertainties of the regulatory approval process, including the speed of regulatory review and the timing of Coherus’ regulatory filings; the risk of FDA review issues; the risk that Coherus is unable to complete commercial transactions and other matters that could affect the availability or commercial potential of Coherus’ drug candidates; and the risks and uncertainties of possible patent litigation. All forward-looking statements contained in this press release speak only as of the date on which they were made. Coherus undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Coherus’ business in general, see Coherus’ Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission on February 25, 2021,its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2021, filed with the Securities and Exchange Commission on August 5, 2021 and its future periodic reports to be filed with the Securities and Exchange Commission. Results for the quarter ended June 30, 2021 are not necessarily indicative of our operating results for any future periods.

Junshi Biosciences Contact Information
IR Team:
Junshi Biosciences
info@junshipharma.com
+ 86 021-2250 0300

Solebury Trout
Bob Ai
bai@soleburytrout.com
+ 1 646-389-6658

PR Team:
Junshi Biosciences
Zhi Li
zhi_li@junshipharma.com
+ 86 021-6105 8800

Coherus Contact Information:
IR Contact:
McDavid Stilwell
Coherus BioSciences, Inc.
IR@coherus.com

Media Contact:
Sheryl Seapy
Real Chemistry
sseapy@realchemistry.com
+1 (949) 903-4750

JDE Peet’s takes the next step in its innovation agenda with the launch of Maxwell House and Moccona Cold Brew Pure Instant Coffees in China

COMPANY NEWS

Amsterdam, 1 November 2021

Read this news in Mandarin.

JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today provided more information on the recent successful entry of Maxwell House and Moccona into the growing Cold Brew Pure Instant segment in China as part of the company’s reignited global innovation agenda.

The on-trend Cold Brew Pure Instant coffee innovations launched in June 2021, have seen very encouraging growth and consumer responses, in the highly competitive Chinese market. The Maxwell House range offers consumers a Cold Brew Pure Instant coffee in the form of a 1.8g shot, while the Moccona range provides a premium and stronger alternative in the form of a 2.8g Cold Brew Pure Instant coffee shot.

The rise of the Instant Specialty segment supports the strong growth and premiumisation of the coffee category in China, alongside traditional tea drinking rituals. Through these types of innovations JDE Peet’s will continue building its credentials while blurring the lines between the traditional Single Serve and Instant coffee categories and creating exciting new coffee experiences for the next generation of coffee consumers.

To date, the new range has received consistently positive feedback, highlighting a consumer preference for the product’s stronger taste and functional packaging. JDE Peet’s will continue to learn and build on the success of this range with the goal of offering consumers new and exciting products in the future.

“JDE Peet’s is committed to supporting the growing trend of Chinese coffee consumption and we are working closely with our strategic partner Hillhouse Capital to continue to develop and expand our range of innovative products,” said Frank Wang, General Manager, JDE Greater China. “The level of consumer interest in the new Maxwell House and Moccona range reaffirms our strong brand portfolio and demonstrates our continued commitment to meeting the evolving needs of Chinese coffee consumers by accelerating our premiumisation agenda and continuing to blur the lines between traditional coffee categories in Asia.”

This launch demonstrates the company’s accelerating ambitions for the Chinese market where “on-the-go” coffee consumption continues to fuel local coffee segment growth. In 2020, JDE Peet’s doubled its network of coffee stores in China, and has continued this trend in 2021, with an additional 40 Peet’s coffee stores opening during the first half of 2021.

Enquiries

Media

Michael Orr
Media@JDEPeets.com
+31 20 558 1600

Investors & Analysts

Robin Jansen
IR@JDEPeets.com
+31 6 159 44 569

About JDE Peet’s
JDE Peet’s is the world’s leading pure-play coffee and tea company by revenue and served approximately 4,500 cups of coffee or tea every second in 2020. JDE Peet’s unleashes the possibilities of coffee and tea in more than 100 developed and emerging markets through a portfolio of over 50 brands that collectively cover the entire category landscape led by household names such as L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2020, JDE Peet’s generated total sales of EUR 6.7 billion and employed a global workforce of more than 19,000 employees. Read more about our journey towards a coffee and tea for every cup at www.JDEPeets.com.

Attachments

Malaysia Healthcare Travel Industry Blueprint’s three pillars achievable – APHM

The Association of Private Hospitals Malaysia (APHM) is confident that the three pillars listed under the Malaysia Healthcare Travel Industry Blueprint 2021-2025 to boost medical tourism industry in the country, are achievable.

APHM president Datuk Dr Kuljit Singh, welcoming the blueprint launched by Minister of Health Khairy Jamaluddin on Monday, said the blueprint was timely as the nation moves towards an endemic phase after fighting the COVID-19 pandemic.

He said private hospitals are the main participants in the blueprint as they have world class infrastructure, facilities and medical experts to meet the criteria set in the blueprint.

“Prior to the pandemic in 2019, medical tourism was one of the key contributors to Malaysia’s economic growth and as the country enters the endemic phase, it is crucial to have a guide to boost the recovery of our medical travel industry.

“The success of Malaysia’s healthcare tourism sector is attributed to three aspects, best in class care, hi-tech facilities and access to innovative treatment. As such, fast access to high-quality and innovative medications will support growth of this industry in the face of regional competition,” he said.

According Kuljit, as they achieve a sizeable growth of medical tourism in the country within the next five years, private hospitals will also further commit to assist the government by providing services for local patients who have difficulty in obtaining treatment in government facilities with the allocation provided by the Ministry of Finance in the 2022 Budget.

He said market stability is crucial to enhance the local ecosystem, which requires an enabling policy environment as opposed to inhibitive policies such as price controls which will have negative affect to healthcare players in the country and subsequently impact the recovery of the medical travel industry.

Yesterday, Khairy launched the Malaysia Healthcare Travel Industry Blueprint 2021-2025, to provide the best Malaysian healthcare travel experience and industry recovery in transitioning into endemicity.

Source: BERNAMA News Agency

Firefighters rescue 32 teachers, students trapped in floods

Firefighters rescued 32 primary school teachers and pupils trapped in waist-high floodwaters after their school, Sekolah Kebangsaan Sri Serdang, Seri Kembangan, here was inundated after heavy downpours this evening.

Selangor Fire and Rescue Department director Norazam Khamis said 13 women and five men teachers, along with 11 male and three female pupils were rescued by firefighters in four-wheel drive vehicles, with the pupils being evacuated first at 9.35 pm and teachers about half an hour later. The children were reunited with their parents after being rescued, he added.

He said the department received news of the incident at 7.45 pm and police had also assisted in the rescue effort. Floodwaters at the school were receding and everyone was evacuated by 10 pm, he added.

Meanwhile in KEDAH, the number of flood evacuees in Alor Setar, rose once again tonight, with another relief shelter opened at Sekolah Kebangsaan (SK) Suka Menanti in Kota Setar district to house 16 people from six families.

Kedah Civil Defence Force Disaster Management Committee Secretariat division chief Major (PA) Mohd Muaz Mohd Yusof said the total number of evacuees rose to 337 as of 8 pm compared to 292 this afternoon.

He said evacuees in Pendang district rose to 222 people tonight compared to 207 this afternoon, while those in Kota Setar district rose to 77 people tonight compared to 63 this afternoon. Evacuees in Pokok Sena district, however, remained the same at 22 people from eight families.

In MELAKA, Alor Gajah was once again hit by flash floods after experiencing three hours of heavy rain that began around 4.30 pm today.

A Melaka Civil Defence Force spokesman said the downpour caused rivers and drains to overflow in low-lying areas, adding that two relief centres had been opened in Alor Gajah and that those affected were currently being evacuated to the two centres at Sekolah Jenis Kebangsaan Cina (SJKC) Sin Wah and Sekolah Kebangsaan (SK) Durian Tunggal.

Source: BERNAMA News Agency

Women recognised as pillar in Sarawak’s administration, economy

In Sarawak, women’s ‘power’ is one of the most important factors that keep the state’s administrative system on track and functioning sustainably, besides helping to drive local economic growth.

In an effort to strengthen the role of women in the administration and economy of Sarawak, the group continues to be given equal priority, space and opportunity to mobilise energy to develop the state, said Sarawak Minister of Welfare, Community Wellbeing, Women, Family and Childhood Development Datuk Seri Fatimah Abdullah.

Based on the principle of ‘women in decision making’, she said the state government had carried out several special programmes, one of which was the Women Leadership Training Programme (WLTP) to produce competent women leaders at all levels of administration.

Speaking to Bernama, Fatimah explained that the WLTP initiative implemented under the Women and Family Department brings together selected women leaders from all over Sarawak to be given exposure, skills and training in shaping their charisma and leadership values.

“Alhamdulillah, this programme has succeeded in producing quality leaders. Participants showed excellent development, they appeared more confident in front of the community to speak out and spark ideas.

“What’s more gratifying is that some of the participants have become council members (local authorities), and even hold important positions in political parties. This is our long-term plan to produce women leaders at various levels,” she said.

In shaping the personality of leaders, Sarawak women are also encouraged to venture into the field of volunteerism through community activities under this initiative which was started in 2019.

The role of women continues to be recognised when the Women’s Bureau which takes care of their affairs was upgraded to a full department, namely the Sarawak Women and Family Department since 2015.

The minister said the economic sector, especially small and medium industries (SMIs), saw women’s participation, including those from rural and interior areas of Sarawak.

Fatimah said most Sarawak women entrepreneurs already had the skills to produce SMI products, but faced financial constraints as well as skills in marketing their products.

“Through the assistance of the Sarawak government, we provide the #usahawanjwks grant as a revolving fund or to purchase business equipment for women entrepreneurs, which to date has benefitted more than 300 women entrepreneurs.

“More proudly, the number of women entrepreneurs who managed to increase business income after receiving the grant is so large,” she said, adding that there are women entrepreneurs who successfully market their products internationally.

According to Fatimah, the current of technological modernisation also has a positive impact on women entrepreneurs who are ready to face the evolution of digital economic, especially during the COVID-19 pandemic.“

“The business pattern of women entrepreneurs is changing. This digitalisation allows them to provide products and sell them based on demand, thus reducing the problems of unsold goods and wastage of resources. This new method increases their sales productivity as well as offers more advertising and promotion space,” she said.

However, Fatimah said she recognised that internet access was an issue faced by women entrepreneurs especially in the interiors.

“Therefore, the state and federal governments are actively implementing the construction of more telecommunication towers so that the digital economy of women entrepreneurs in Sarawak continues to develop,” she added.

Source: BERNAMA News Agency

Sabah mulls reducing quarantine period for individuals from abroad

The Sabah government will consider reducing the compulsory quarantine period for individuals from abroad entering via the international checkpoints in the state.

Sabah Local Government and Housing Minister, Datuk Masidi Manjun, who is also state COVID-19 spokesman, said it would be applicable to citizens and non-citizens who arrived in Sabah from abroad.

Detailing on the matter, Masidi said fully vaccinated individuals could be considered to undergo seven days of compulsory quarantine while those who are not vaccinated or have incomplete vaccination must undergo 10 days of quarantine.

“In addition, travellers with complete vaccination can be considered to undergo quarantine at home if it is deemed suitable,” he said in a statement tonight.

Commenting on the development of COVID-19 in Sabah, Masidi said 393 new cases were recorded today bringing the cumulative number to 218,342 cases, with seven deaths reported.

Masidi said 602 COVID-19 patients were reported to have recovered and allowed to be discharged from hospitals and Low-Risk Quarantine and Treatment Centres.

This brings the cumulative total of recovery cases to 207,601 people while 1,867 patients are still receiving treatments, he added.

Source: BERNAMA News Agency

Need for G2G agreement, wider market for local films – Annuar

— There is a need for government-to-government (G2G) agreement and understanding to ensure that a wider market can be opened for the country’s film industry, Communications and Multimedia Minister Tan Sri Annuar Musa said.

He said this is also to enable the films and products of the industry to penetrate the markets in other countries.

“Foreign films, such as from China and the Philippines can enter our country quite easily, but that is not the case for our films. We can hardly enter the markets in our neighbouring countries. So yes, there is a need for G2G agreement and understanding.

“We should determine the forms and framework for this agreement first, but there should not be anything that stops the local film producers to have partners or co-producers from other countries. We will support this kind of cooperation.”

Annuar said this at the presentation of Letters of Acceptance for RTM TV Programmes here today, which was attended by over 200 representatives of production companies.

Meanwhile, the minister said the standard operating procedures (SOPs) for the national creative industry need to be reviewed so as to facilitate the current situation in the country which is heading towards the endemic phase of COVID-19.

“The government has spent almost RM5 billion and almost everyone in the country has been vaccinated against COVID-10, we have to go back to our normal life, we cannot continue putting restrictions (to production companies) to the extent of causing bankruptcy. We need to start out normal routines, we need the SOPs, but they have to be reviewed,” he said.

In his speech earlier, Annuar said he wants to see the contents of RTM programmes to not just reflect high-quality productions, but also support the policies of the government of the day.

As such, he said RTM should be more creative in promoting its contents, either on social media or through a trailer.

“Most importantly, the programmes are being watched and liked by many. Don’t take the programmes for granted and broadcast them just because they are ready and all paid for. That’s not good enough.

“Each programme is an investment for RTM. RTM must not take it for granted, we have to compete, have to see it as a product that we need to market and promote,” he added.

Source: BERNAMA News Agency