Third Success from Astex Drug Discovery Pharma Collaboration and Licence Agreements as AstraZeneca Receives US Marketing Approval for Cancer Drug Truqap (capivasertib)

AstraZeneca’s TruqapTM (capivasertib) in combination with Faslodex® (fulvestrant) receives US FDA marketing approval for the treatment of adult patients with hormone receptor (HR)-positive, HER2-negative locally advanced or metastatic breast cancer with one or more biomarker alterations (PIK3CA, AKT1 or PTEN).

  • Astex is eligible to receive a milestone payment and royalties on sales of the new drug under its 2005 collaboration and licence agreement with AstraZeneca
  • Truqap, a first in class AKT inhibitor, was discovered by AstraZeneca subsequent to its discovery collaboration with Astex and Astex’s earlier drug discovery collaboration with the Institute of Cancer Research, London
  • Truqap joins Novartis’ Kisqali® and Janssen’s BALVERSA® as the third drug to reach market approval based on collaborations that have utilised Astex’s pioneering fragment-based drug discovery approach

Cambridge, UK, 20 November 2023 – Astex Pharmaceuticals (UK), a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics for oncology and diseases of the central nervous system, announced today that it is in line to receive a milestone payment from AstraZeneca on first commercial sale of the drug in the US and royalties from AstraZeneca on future sales following the US Food and Drug Administration’s (FDA) approval of TruqapTM plus Faslodex® as a treatment for adult patients with HR-positive, HER2-negative locally advanced or metastatic breast cancer with one or more biomarker alterations (PIK3CA, AKT1 or PTEN). Eligible patients will have progressed on at least one endocrine-based regimen in the metastatic setting or experienced recurrence on or within 12 months of completing adjuvant therapy.

This is the third cancer drug in the last five years to reach market approval that has been discovered and developed under, or subsequent to, an Astex drug discovery collaboration. In addition to Truqap, Astex’s other partnered programs that have been highly successful in translating research into new cancer medicines include Novartis’ Kisqali® (ribociclib) and Janssen’s BALVERSA® (erdafitinib).

Truqap is a first-in-class oral targeted inhibitor of the cancer-driving protein AKT, also known as PKB. AKT is an enzyme that plays a key role in the PI3K/AKT tumor cell survival pathway, and dysregulation of this pathway leads to tumor resistance to a number of important anti-cancer medicines. Truqap was discovered by AstraZeneca following an earlier drug discovery research collaboration between Astex, The Institute of Cancer Research, London, and Cancer Research Technology (CRT; now Cancer Research Horizons) that was signed in 2003. As part of that earlier foundational research, Astex and The Institute of Cancer Research (ICR) used the 3D X-ray crystal structure of the AKT protein target to identify small molecule modulators of AKT activity using an approach known as fragment-based drug discovery. In 2005 a series of prototype drug compounds discovered by Astex and the ICR was shown to have very promising activity against a range of human tumors grown in mice and was licensed to AstraZeneca. In 2010, AstraZeneca announced its discovery of Truqap, and began to develop the drug as a potential treatment for various forms of cancer.

Following the marketing approval, Astex is eligible to receive a milestone payment from AstraZeneca on first commercial sale of the drug in the US as well as royalties on future sales.

Harren Jhoti PhD, President and Chief Executive Officer of Astex, UK, said: “We are incredibly proud that another of our drug discovery partnerships has resulted in such a successful outcome. We applaud our valued colleagues at AstraZeneca for their tenacity and exceptional work in the discovery and development of this first-in-class medicine.”

“The early research was a great collaborative effort, and I would like to acknowledge the impressive pioneering research carried out by our colleagues at the ICR, including solving the 3D crystal structure of AKT, which was vital in enabling our initial drug discovery approach. This is also a great example of UK Biotech-Academia-Pharma collaboration and underlines the strength of the UK life sciences ecosystem.”

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About Astex Pharmaceuticals

Astex is a leader in innovative drug discovery and development, committed to the fight against cancer and diseases of the central nervous system. Astex is developing a proprietary pipeline of novel therapies and has a number of partnered products being developed under collaborations with leading pharmaceutical companies. Astex is a wholly owned subsidiary of Otsuka Pharmaceutical Co. Ltd., based in Tokyo, Japan.

For more information about Astex Pharmaceuticals please visit: https://www.astx.com

For more information about Otsuka Pharmaceutical, please visit: https://www.otsuka.co.jp/en/

CONTACTS:

At Astex Pharmaceuticals (UK)

Jeremy Carmichael
SVP Corporate Development
Head of Business Development
Astex Pharmaceuticals
436 Cambridge Science Park
Milton Road, Cambridge
CB4 0QA, UK

Tel: +44 1223 226289
Email: jeremy.carmichael@astx.com

Media Enquiries

Sue Charles
Charles Consultants
Tel: +44 7968 726585
Email: sue@charles-consultants.com

 

Astex CSO David Rees Honoured as a Hero of Chemistry by the American Chemical Society

Cambridge, UK, 13 October 2023, Astex Pharmaceuticals (UK) (“Astex”), a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics for oncology and diseases of the central nervous system, congratulates its Chief Scientific Officer (CSO), David Rees PhD, FMedSci, FRSC on being honoured by the American Chemical Society (ACS) Heroes of Chemistry.

The award recognises researchers and companies for developing products that have led to significant advancements in improving health and the environment. The ceremony to honour these impressive achievements took place yesterday in Alexandria, Virginia.

David is a co-recipient of the award given to Merck & Co. Inc (MSD) for Bridion® (sugammadex). Bridion® is approved in 95+ countries for reversal of the effects of certain neuromuscular blocking agents in adults undergoing surgery. It binds these agents, reducing the amount of active drug available to relax the muscles, resulting in reversal of neuromuscular blockade. David devised the concept of using chemical chelation to reverse anaesthesia and led the team of chemists involved in the early discovery of Bridion® (sugammadex) whilst at Organon Laboratories, Scotland, UK (which became part of MSD in 2009).

Announcing the 2023 awards, ACS President Judith C. Giordan said, “These awards recognize teams of chemists that have worked toward the betterment of humankind. The 2023 ACS Heroes of Chemistry demonstrate the unwavering dedication of chemists to propel us toward healthier lives and a greener tomorrow, and for forging a future where scientists, chemistry and innovation come together to uplift humanity.”

The 2023 winners, which also include scientist teams from AbbVie, Honeywell, Incyte, Vertex and ViiV Healthcare as well as MSD will be inducted into the Heroes of Chemistry scientific hall of fame, which ACS has sponsored annually since 1996.

Astex CSO David Rees said, “I am delighted to receive this award. It is immensely motivating to know that so many patients have benefitted from Bridion® (sugammadex). This is a tribute to the entire team involved in the research and development”.

David joined Astex in 2003 to lead the chemistry team and in 2017 became its CSO. In addition to Bridion®, whilst at Astex, David has been associated with the discovery of two further launched drugs including the anti-cancer agents Kisqali® (ribociclib), discovered under collaboration with Novartis, and Balversa® (erdafitinib) under a collaboration with Janssen.

David is one of the few industrial scientists to have served as President of the Organic Division of the Royal Society of Chemistry (RSC) (2010-2013) and in 2015 was elected to be a Trustee Director of the RSC (2015-2019). He has held visiting professorships at three UK universities and sits on several scientific advisory boards of not-for-profit organisations. In 2020 he was elected to the Fellowship of the Academy of Medical Sciences as well serving on the Board of Directors of The Rosalind Franklin Institute, Parkinson’s Research Ventures, and Ashanti Development. The Heroes of Chemistry honour from the ASC adds to his accolades having been inducted into the RSC Biological and Medicinal Chemistry Sector (BMCS) Hall of Fame in 2020.

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About Astex Pharmaceuticals

Astex is a leader in innovative drug discovery and development, committed to the fight against cancer and diseases of the central nervous system. Astex is developing a proprietary pipeline of novel therapies and has a number of partnered products being developed under collaborations with leading pharmaceutical companies. Astex is a wholly owned subsidiary of Otsuka Pharmaceutical Co. Ltd., based in Tokyo, Japan.

For more information about Astex Pharmaceuticals please visit: https://www.astx.com

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For more information about Otsuka Pharmaceutical, please visit:  https://www.otsuka.co.jp/en/

About The American Chemical Society (ACS)

The ACS is a non-profit organization chartered by the U.S. Congress. ACS’ mission is to advance the broader chemistry enterprise and its practitioners for the benefit of Earth and all its people. The Society is a global leader in promoting excellence in science education and providing access to chemistry-related information and research through its multiple research solutions, peer-reviewed journals, scientific conferences, eBooks and weekly news periodical Chemical & Engineering News. ACS journals are among the most cited, most trusted and most read within the scientific literature; however, ACS itself does not conduct chemical research. As a leader in scientific information solutions, its CAS division partners with global innovators to accelerate breakthroughs by curating, connecting and analyzing the world’s scientific knowledge. ACS’ main offices are in Washington, D.C., and Columbus, Ohio.

For more information about the ACS please visit: http://www.acs.org

 

CONTACTS:

At Astex Pharmaceuticals (UK)

Jeremy Carmichael
SVP Corporate Development
Head of Business Development
Astex Pharmaceuticals
436 Cambridge Science Park
Milton Road, Cambridge
CB4 0QA, UK

Tel: +44 1223 226289
Email: jeremy.carmichael@astx.com

Media Enquiries

Sue Charles
Charles Consultants
Tel: +44 7968 726585
Email: sue@charles-consultants.com

Astex Expands Drug Discovery Collaboration With MSD

Cambridge, UK, 8 August 2023, Astex Pharmaceuticals (UK) (“Astex”), a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics for oncology and diseases of the central nervous system, today announced an exclusive worldwide research collaboration and license agreement with MSD (Merck & Co., Inc., Rahway, N.J., USA).  The goal of the collaboration is to identify small molecule candidates with activity towards a tumour suppressor protein for the treatment of cancer.

“Astex is applying its fragment-based drug discovery capability to design and generate small molecule modulators tailored to a wide range of potentially important therapeutic targets,” said Harren Jhoti, president and CEO of Astex.  “This new alliance builds on our existing productive collaboration and allows us to combine our expertise and assets with MSD’s wide-ranging oncology capabilities.”

Under the terms of the agreement, Astex will apply its fragment-based drug discovery platform to develop compounds targeting multiple forms of the p53 tumour suppressor protein and provide MSD with lead compounds for further optimization and preclinical development.  MSD is granted an exclusive global license to research, develop, and commercialise candidates arising under the collaboration.  Astex will receive an upfront payment of $35 million and is eligible for milestone payments associated with the achievement of preclinical, clinical, regulatory and sales milestones, totalling approximately $500 million per program, as well as tiered royalties on sales of any products arising from the collaboration.  MSD will assume responsibility for funding all future research and development of lead candidates as well as commercialisation of products globally.

“At MSD we are committed to driving innovation with the goal of improving outcomes for patients with cancer,” said George Addona, senior vice president discovery and translational medicine, MSD. “We look forward to building on our collaboration with the Astex team to advance this potentially impactful area of oncology research.”

-ENDS-

About Astex Pharmaceuticals

Astex is a leader in innovative drug discovery and development, committed to the fight against cancer and diseases of the central nervous system. Astex is developing a proprietary pipeline of novel therapies and has a number of partnered products being developed under collaborations with leading pharmaceutical companies. Astex is a wholly owned subsidiary of Otsuka Pharmaceutical Co. Ltd., based in Tokyo, Japan.

For more information about Astex Pharmaceuticals please visit: https://www.astx.com

For more information about Otsuka Pharmaceutical, please visit: https://www.otsuka.co.jp/en/

CONTACTS

At Astex Pharmaceuticals (UK)

Jeremy Carmichael
SVP Corporate Development
Head of Business Development
Astex Pharmaceuticals
436 Cambridge Science Park
Milton Road, Cambridge
CB4 0QA, UK

Tel: +44 1223 226289
Email: jeremy.carmichael@astx.com

Media Enquiries

Sue Charles
Charles Consultants

Tel: +44 7968 726585
Email: sue@charles-consultants.com

Astex and Cardiff University Medicines Discovery Institute Announce New Drug Discovery Collaboration on Neurodegenerative Diseases

Cambridge and Cardiff, UK, 13 February 2023, Astex Pharmaceuticals (UK) (“Astex”), a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics for oncology and diseases of the central nervous system and The Medicines Discovery Institute, Cardiff University (“MDI”) announced today that they have entered into a multi-year, multimillion pound drug discovery research collaboration, aimed to identify new drugs to treat neurodegenerative diseases.

The collaboration brings together the world-leading research expertise of Dr Emyr Lloyd-Evans & Dr Helen Waller-Evans in lysosomal biology, the drug discovery capabilities of the MDI and the fragment-based drug discovery platform at Astex. The combined teams will focus on identifying compounds which modulate lysosomal activity as a way to develop potential new treatments for neurodegenerative diseases with high unmet medical need.  Lysosomes are a subset of organelles that are crucial for cellular function and mutations in the genes encoding lysosomal and associated proteins are linked to a number of neurodegenerative and lysosomal storage diseases for which there are currently no effective treatments.

Under the terms of the agreement, scientists at the MDI and Astex will collaborate to carry out drug discovery research against a chosen lysosomal target with the aim to identify and optimise compounds that modulate its activity.  Cardiff University will receive committed R&D funding and is eligible to receive development and regulatory payments if drug compounds progress and a royalty payment on the sales of any approved products.  Further financial details are not disclosed.

Prof Simon Ward, Director, Medicines Discovery Institute commented “We are excited to be working with Astex in a way that allows each partner to play to its individual strengths and build a combined team which is greater than the sum of its parts. This is a validation of the scientific and translational capabilities we have been building at Cardiff University over the last few years and we look forward to delivering outputs that may ultimately benefit patients for whom current treatment options are so limited. This is an excellent demonstration of the power of academic and industrial teams working together to try to solve currently intractable medical problems.”

Dr David Rees, FMedSci, FRSC, Chief Scientific Officer of Astex commented, “We are very excited about this opportunity to work with Cardiff University, Medicines Discovery Institute. Astex has a long tradition of effective collaborations between academia and industry which we believe is critical for the successful translation of basic science. This partnership aims to support and advance ground-breaking research with the potential to transform the lives of patients with neurodegenerative diseases.”

About Astex Pharmaceuticals

Astex is a leader in innovative drug discovery and development, committed to the fight against cancer and diseases of the central nervous system. Astex is developing a proprietary pipeline of novel therapies and has a number of partnered products being developed under collaborations with leading pharmaceutical companies. Astex is a wholly owned subsidiary of Otsuka Pharmaceutical Co. Ltd., based in Tokyo, Japan.

For more information about Astex Pharmaceuticals please visit:  https://www.astx.com

For more information about Otsuka Pharmaceutical, please visit:  https://www.otsuka.co.jp/en/

About Cardiff University

Cardiff University is recognised in independent government assessments as one of Britain’s leading teaching and research universities and is a member of the Russell Group of the UK’s most research-intensive universities. The 2014 Research Excellence Framework ranked the University 5th in the UK for research excellence. Among its academic staff are two Nobel Laureates, including the winner of the 2007 Nobel Prize for Medicine, Professor Sir Martin Evans. Founded by Royal Charter in 1883, today the University combines impressive modern facilities and a dynamic approach to teaching and research. The University’s breadth of expertise encompasses: the College of Arts, Humanities and Social Sciences; the College of Biomedical and Life Sciences; and the College of Physical Sciences and Engineering, along with a longstanding commitment to lifelong learning. Cardiff’s flagship Research Institutes are offering radical new approaches to pressing global problems.

For more information about Cardiff University, please visit:  www.cardiff.ac.uk

About MDI

The Medicines Discovery Institute is the leading, university-based, CNS drug discovery group in Europe, delivering modern drug discoveries to improve treatments for neurological illnesses. Grounded in the academic & clinical excellence of Cardiff University, the team combines profound insight with industry-standard drug discovery. A robust pipeline of novel drug projects stretches from early drug screening through to human clinical trials, run at Cardiff. The Institute is led by Professors Simon Ward & John Atack.

For more information about Medicines Discovery Institute, please visit:  https://www.cardiff.ac.uk/medicines-discovery 

CONTACTS

At Medicines Discovery Institute

Richard Angell
Commercialisation Lead
Medicines Discovery Institute
Cardiff University
Main Building
Park Place
Cardiff
CF10 3AT
Email: angellr@cardiff.ac.uk

Media Enquiries

Heath Jeffries
Head of Innovation Communication
Cardiff University

Tel: +44 29 2087 70917
Email: jeffrieshv1@cardiff.ac.uk

At Astex Pharmaceuticals (UK)

Jeremy Carmichael
SVP Corporate Development
Head of Business Development
Astex Pharmaceuticals
436 Cambridge Science Park
Milton Road, Cambridge
CB4 0QA, UK

Tel: +44 1223 226289
Email: jeremy.carmichael@astx.com

Media Enquiries

Sue Charles
Charles Consultants

Tel: +44 7968 726585
Email: sue@charles-consultants.com