ArQule Announces Presentations at AACR 102nd Annual Meeting


WOBURN, Mass.–(BUSINESS WIRE)–Mar 29, 2012 – ArQule, Inc. (Nasdaq: ARQL) today announced eight presentations of clinical and pre-clinical data for tivantinib (ARQ 197) at the Annual Meeting of the American Association for Cancer Research (AACR), held from March 31 – April 4 in Chicago, Illinois. Tivantinib is an oral inhibitor of c-MET, a receptor tyrosine kinase, which is currently in Phase 3 clinical trials for non-squamous non-small cell lung cancer (NSCLC). Several other studies related to the Company’s earlier-stage product candidates and discovery platform will also be presented at AACR.

Tivantinib highlights

An exploratory biomarker analysis evaluating the effect of the c-MET inhibitor tivantinib (ARQ 197) and erlotinib in NSCLC patients in a randomized, double-blinded phase 2 study: Abstract number 1729.

An exploratory immunohistochemistry (IHC) analysis was conducted of archival tissue from a concluded Phase 2 clinical trial with tivantinib and erlotinib in NSCLC. Findings confirmed that in this trial non-squamous NSCLC tumors were more often positive for c-MET expression than squamous NSCLC tumors. In this study, 76 percent of evaluable patients with non-squamous tumors were c-MET positive, and 12 percent of evaluable patients with squamous tumors were c-MET-positive, a percentage that is consistent with existing literature.

Data analysis showed that treatment with the combination of tivantinib and erlotinib improved progression-free survival (HR = 0.58, p = 0.28) and overall survival (HR = 0.46, p = 0.21) in patients with non-squamous histology and c-MET-positive tumors, as measured by IHC, compared with patients who received with erlotinib plus placebo.

Targeted inhibition of c-MET receptor by a selective c-MET inhibitor, Tivantinib, and a specific shRNA reduces breast cancer-derived bone metastases: Abstract number 846.

A pre-clinical study with tivantinib explored dual c-MET inhibition with both tivantinib and RNA interference in an experimental bone metastatic model of human breast cancer. C-MET inhibition with the combined therapeutic interventions induced pronounced tumor growth suppression with marked decreases in tumor size and an improvement in survival.

Findings highlighted the efficacy of c-MET inhibition in delaying the onset and progression of bone metastases and suggest that targeting the c-MET receptor may have promise in the prevention and treatment of bone metastases from breast cancer.

The titles and times of ArQule’s and alliance partner Daiichi Sankyo’s data presentations for tivantinib at AACR are as follows:

An exploratory biomarker analysis evaluating the effect of the c-MET inhibitor tivantinib (ARQ 197) and erlotinib in NSCLC patients in a randomized, double-blinded phase 2 study
Abstract Number 1729
Poster Section 26
Poster Board 19
Monday, April 2, 2012, 8:00 AM – 12:00 PMTargeted inhibition of c-MET receptor by a selective c-MET inhibitor, Tivantinib, and a specific shRNA reduces breast cancer-derived bone metastases
Abstract Number 846
Poster Section 32
Poster Board 3
Sunday, April 1, 2012, 1:00 PM – 5:00 PMTargeting the pro-survival protein c-MET with ARQ 197 inhibits growth of multiple myeloma cells
Abstract Number 844
Poster Section 32
Poster Board 1
Sunday, April 1, 2012, 1:00 PM – 5:00 PMPreclinical assessment of MET modulation by a VEGFR inhibitor/MET inhibitor combination that shows additive antitumor efficacy
Abstract Number 3672
Poster Section 25
Poster Board 14
Tuesday, April 3, 2012, 8:00 AM – 12:00 PMP53 is potential predictive biomarker for combination therapy of epidermal growth factor receptor (EGFR) and MET inhibitors in non-small cell lung cancer (NSCLC) with wild-type EGFR
Abstract Number 2476
Poster Section 18
Poster Board 1
Monday, April 2, 2012, 1:00 PM – 5:00 PMA randomized, crossover, phase 1 study to evaluate the effect of a strong CYP3A4 inhibitor on tivantinib (ARQ 197) pharmacokinetics in healthy subjects
Abstract Number 760
Poster Section 28
Poster Board 14
Sunday, April 1, 2012, 1:00 PM – 5:00 PMA randomized, open-label, phase 1 study to evaluate the effect of food on tivantinib (ARQ 197) pharmacokinetics
Abstract Number 755
Poster Section 28
Poster Board 9
Sunday, April 1, 2012, 1:00 PM – 5:00 PMAbsorption, distribution, metabolism and excretion of 14C-Labeled tivantinib (ARQ 197) in healthy male subjects
Abstract Number 747
Poster Section 28
Poster Board 1
Sunday, April 1, 2012, 1:00 PM – 5:00 PM

Additional ArQule data presentations include:

Discovery and optimization of orally bioavailable, selective and potent ATP-independent Akt inhibitors
Abstract Number LB-1
Sunday, April 1, 2012, 1:00 PM – 5:00 PM
Poster Section 40Synthesis and structure activity relationship of substituted N,6-diphenyl-5,6-dihydrobenzo(h)quinazolin-2-amine as inhibitors of fibroblast growth factor receptors (FGFR)
Abstract Number 3905
Tuesday, April 3, 2012, 8:00 AM – 12:00 PM
Poster Section 35
Poster Board 18Creation of a novel biochemical and biophysical assay suite to enable the identification of inhibitors targeting inactive kinases
Abstract Number 2914
Monday, April 2, 2012, 3:50 PM – 4:05 PM
Location: McCormick Place West (Level1), Room W187

About ArQule

ArQule is a biotechnology company engaged in the research and development of next-generation, small-molecule cancer therapeutics. The Company’s targeted, broad-spectrum products and research programs are focused on key biological processes that are central to human cancers. ArQule’s lead product, in Phase 2 and Phase 3 clinical development, is tivantinib, an oral, selective inhibitor of the c-MET receptor tyrosine kinase. The Company’s pipeline consists of ARQ 621, designed to inhibit the Eg5 kinesin motor protein, and ARQ 736, designed to inhibit the RAF kinases. ArQule’s current discovery efforts, which are based on the ArQule Kinase Inhibitor Platform (AKIP™), are focused on the identification of novel kinase inhibitors that are potent, selective and do not compete with ATP (adenosine triphosphate) for binding to the kinase.

This press release contains statements regarding the Company’s pre-clinical and clinical development of tivantinib (ARQ 197), as well as pre-clinical activities related to its Akt inhibitor program, its fibroblast growth factor inhibitor program, and its discovery platform. These statements are based on the Company’s current beliefs and expectations, and are subject to risks and uncertainties that could cause actual results to differ materially. Positive information about pre-clinical and early stage clinical trial results does not ensure that later stage or larger scale clinical trials will be successful. For example, these products and programs may not demonstrate promising therapeutic effect; in addition, they may not demonstrate an appropriate safety profile in current or later stage or larger scale clinical trials as a result of known or as yet unanticipated side effects. The results achieved in later stage trials may not be sufficient to meet applicable regulatory standards. Problems or delays may arise during clinical trials or in the course of developing, testing or manufacturing these compounds that could lead the Company or its partners to discontinue development. Even if later stage clinical trials are successful, the risk exists that unexpected concerns may arise from analysis of data or from additional data. Obstacles may arise or issues may be identified in connection with review of clinical data with regulatory authorities, or regulatory authorities may disagree with the Company’s view of the data or require additional data or information or additional studies. In addition, the planned timing of initiation and completion of clinical trials for tivantinib is subject to the ability of the Company or Daiichi Sankyo, Inc., its partner, and Kyowa Hakko Kirin, a licensee of tivantinib, to enroll patients, enter into agreements with clinical trial sites and investigators, and overcome other technical hurdles and issues related to the conduct of the trials that may not be resolved. Drug development involves a high degree of risk. Only a small number of research and development programs result in the commercialization of a product. Positive pre-clinical data may not be supported in later stages of development. Furthermore, ArQule may not have the financial or human resources to successfully pursue drug discovery in the future. Moreover, Daiichi Sankyo has certain rights to unilaterally terminate its tivantinib license, co-development and co-commercialization agreement with the Company. If it were to do so, the Company might not be able to complete development and commercialization of tivantinib on its own. For more detailed information on the risks and uncertainties associated with the Company’s drug development and other activities, see the Company’s periodic reports filed with the Securities and Exchange Commission. The Company does not undertake any obligation to publicly update any forward-looking statements.

Contact: ArQule, Inc.
William B. Boni, 781-994-0300
VP, Investor Relations/
Corp. Communications
http://www.ArQule.com

Posted: March 2012

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Cabozantinib to be Featured in Nine Presentations at 2012 ASCO Annual Meeting


Oral Presentations for Medullary Thyroid Cancer, Castration-Resistant Prostate Cancer, Renal Cell Carcinoma and Hepatocellular Carcinoma

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Apr 2, 2012 – Exelixis, Inc. (NASDAQ:EXEL) announced today that its lead compound, cabozantinib, will be the subject of nine separate data presentations at the upcoming Annual Meeting of the American Society of Clinical Oncology (ASCO). The meeting will be held June 1-5, 2012, in Chicago, Illinois. Clinical data for cabozantinib will be featured in four oral presentations, four poster discussion presentations, and one general poster presentation. For the first time, investigators will present data from EXAM, the pivotal trial of cabozantinib in medullary thyroid cancer. Initial positive top-line results from EXAM were announced in October 2011.

“The nine data presentations at this year’s ASCO Annual Meeting are indicative of the growing depth and breadth of cabozantinib’s global clinical development program,” said Michael M. Morrissey, Ph.D., president and chief executive officer of Exelixis. “As the data across multiple tumor types for cabozantinib continues to mature, its unique activity profile is increasingly being recognized broadly across the oncology community. We look forward to sharing these exciting data at ASCO later this year.”

The full roster of cabozantinib data presentations expected at the meeting (all times Central Daylight Time):

Oral Presentations

“Activity of cabozantinib (XL184) in hepatocellular carcinoma: Results from a phase II randomized discontinuation trial (RDT)” (Abstract #4006)

Dr. Chris Verslype, Hepatology, University Hospitals Gasthuisberg, Belgium
Oral Abstract Session: Gastrointestinal (Noncolorectal) Cancer
Saturday, June 2; 3:00 p.m. – 6:00 p.m.

“Efficacy of cabozantinib (XL184) in patients (pts) with metastatic, refractory renal cell carcinoma (RCC)” (Abstract #4504)

Dr. Toni K. Choueiri, Lank Center for Genitourinary Oncology, Dana-Farber Cancer Institute/Brigham and Women’s Hospital, Harvard Medical School, Boston, MA
Oral Abstract Session: Genitourinary Cancer (Nonprostate)
Saturday, June 2; 3:00 p.m. – 6:00 p.m.

“An international, double-blind, randomized, placebo-controlled phase III trial (EXAM) of cabozantinib (XL184) in medullary thyroid carcinoma (MTC) patients (pts) with documented RECIST progression at baseline” (Abstract #5508)

Dr. Patrick Schöffski, Department of General Medical Oncology, Catholic University Leuven, Belgium
Clinical Science Symposium: Targeting Therapeutics for Thyroid Cancers
Monday, June 4; 11:30 a.m. – 1:00 p.m.

“Cabozantinib (XL184) in chemotherapy-pretreated metastatic castration resistant prostate cancer (mCRPC): Results from a phase II nonrandomized expansion cohort (NRE)” (Abstract #4513)

Dr. Matthew R. Smith, Massachusetts General Hospital Cancer Center, Boston, MA
Oral Abstract Session: Genitourinary Cancer (Prostate)
Tuesday, June 5; 9:45 a.m. – 12:45 p.m.

Poster Discussion Presentations

“Activity of cabozantinib (XL184) in metastatic breast cancer (MBC): Results from a phase II randomized discontinuation trial (RDT)” (Abstract #535)

Dr. Eric P. Winer, Dana-Farber Cancer Institute, Boston, MA
Poster Discussion Session: Breast Cancer-HER2/ER
Saturday, June 2; 1:15 p.m. – 5:45 p.m.

“Activity of cabozantinib (XL184) in metastatic melanoma: Results from a phase II randomized discontinuation trial (RDT)” (Abstract #8531)

Dr. Michael S. Gordon, Pinnacle Oncology Hematology, Scottsdale, AZ
Poster Discussion Session: Melanoma/Skin Cancers
Saturday, June 2; 1:15 p.m. – 5:45 p.m.

“Investigator sponsored trial of efficacy and tolerability of cabozantinib (cabo) at lower dose: A dose-finding study in men with castration-resistant prostate cancer (CRPC) and bone metastases” (Abstract #4566)

Dr. Richard J. Lee, Massachusetts General Hospital Cancer Center, Boston, MA
Poster Discussion Session: Genitourinary (Prostate) Cancer
Monday, June 4, 8:00 a.m. – 12:30 p.m.

“Activity of cabozantinib (XL184) in metastatic NSCLC: Results from a phase II randomized discontinuation trial (RDT)” (Abstract #7514)

Dr. Beth A. Hellerstedt, US Oncology Research, LLC, McKesson Specialty Health, The Woodlands, TX, and Texas Oncology, Central Austin Cancer Center, Austin, TX
Poster Discussion Session: Lung Cancer – Non-small Cell Metastatic
Tuesday, June 5; 8:00 a.m. – 12:30 p.m.

Poster Presentation

“Antitumor activity of cabozantinib (XL184) in a cohort of patients (pts) with differentiated thyroid cancer (DTC)” (Abstract #5547)

Dr. Maria E. Cabanillas, University of Texas M. D. Anderson Cancer Center, Houston, TX
General Poster Session: Head and Neck Cancer
Saturday, June 2; 1:15 p.m. – 5:15 p.m.

About Cabozantinib

Cabozantinib is a potent, dual inhibitor of MET and VEGFR2. Cabozantinib is an investigational agent that provides coordinated inhibition of metastasis and angiogenesis to kill tumor cells while blocking their escape pathways. The therapeutic role of cabozantinib is currently being investigated across several tumor types. MET is upregulated in many tumor types, thus facilitating tumor cell escape by promoting the formation of more aggressive phenotypes, resulting in metastasis. MET-driven metastasis may be further stimulated by hypoxic conditions in the tumor environment, which are often exacerbated by selective VEGF-pathway inhibitors. In preclinical studies, cabozantinib has shown powerful tumoricidal, antimetastatic and antiangiogenic effects, including:

Extensive apoptosis of malignant cellsDecreased tumor invasiveness and metastasisDecreased tumor and endothelial cell proliferationBlockade of metastatic bone lesion progressionDisruption of tumor vasculature

About Exelixis

Exelixis, Inc. is a biotechnology company committed to developing small molecule therapies for the treatment of cancer. Exelixis is focusing its proprietary resources and development efforts exclusively on cabozantinib (XL184), its most advanced product candidate, in order to maximize the therapeutic and commercial potential of this compound. Exelixis believes cabozantinib has the potential to be a high-quality, broadly-active, differentiated pharmaceutical product that can make a meaningful difference in the lives of patients. Exelixis has also established a portfolio of other novel compounds that it believes have the potential to address serious unmet medical needs, many of which are being advanced by partners as part of collaborations. For more information, please visit the company’s web site at http://www.exelixis.com.

Forward-Looking Statements

This press release contains forward-looking statements, including, without limitation, statements related to: the expected referenced data presentations and the continued development and clinical, therapeutic and commercial potential of, and opportunities for, cabozantinib. Words such as “will,” “continues,” “look forward,” “expected,” “potential,” believes,” “can,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Exelixis’ current plans, assumptions, beliefs and expectations. Forward-looking statements involve risks and uncertainties. Exelixis’ actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation: risks related to the potential failure of cabozantinib to demonstrate safety and efficacy in clinical testing; Exelixis’ ability to conduct clinical trials of cabozantinib sufficient to achieve a positive completion; the availability of data at the referenced times; the sufficiency of Exelixis’ capital and other resources; the uncertain timing and level of expenses associated with the development of cabozantinib; the uncertainty of the FDA approval process; market competition; and changes in economic and business conditions. These and other risk factors are discussed under “Risk Factors” and elsewhere in Exelixis’ annual report on Form 10-K for the fiscal year ended December 30, 2011 and Exelixis’ other filings with the Securities and Exchange Commission. Exelixis expressly disclaims any duty, obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Exelixis’ expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

Contact: Exelixis, Inc.
Charles Butler, 650-837-7277
Vice President,
Investor Relations and
Corporate Communications
cbutler@exelixis.com

Posted: April 2012

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