Pacylex Pharmaceuticals to Present at Biotech Showcase™ 2023

Presenting Tuesday, January 10, 2023 at 10:45am PT
Franciscan-A, Level Ballroom

Key Takeaways

  • Pacylex's lead drug candidate, PCLX-001, is currently being evaluated in a Phase 1 clinical study in patients with refractory lymphoma or solid tumors.
  • A second Phase 1 study in patients with relapsed or refractory acute myeloid leukemia will begin in Q2 2023.
  • Pacylex is raising a Series B to fund two efficacy studies in DMBCL and AML starting in 2023.

Edmonton, Alberta, Canada/January 5, 2023 – Pacylex, today announced that CEO Michael Weickert will present an update on clinical progress of PCLX-001 and Series B plans for Pacylex Pharmaceuticals at Biotech Showcase™ 2023.

Date: Tuesday, January 10, 2023

Time: 10:45am PT

Track: Franciscan A

"We are delighted to be presenting again at Biotech Showcase, which has always been an important venue to start our New Year. This year is more important than ever as we have made great progress in patients and are raising capital for two efficacy studies in blood cancers that could prove pivotal." said Michael Weickert, CEO of Pacylex.

Biotech Showcase, produced by Demy-Colton and EBD Group, is an investor conference focused on driving advances in therapeutic development by providing a sophisticated networking platform for executives and investors that fosters investment and partnership opportunities. The conference takes place each year during the course of one of the industry's largest gatherings and busiest weeks.

“We are delighted that Pacylex will be joining us in San Francisco and presenting at Biotech Showcase this year,” said Sara Demy, CEO of Demy-Colton. “Biotech Showcase is a prime occasion for life science entrepreneurs and investors to come together to discover the potential of innovative technologies that will drive the future of drug discovery.”


About PCLX-001
PCLX-001 is a N-myristoyl-transferase (NMT) inhibitor being developed as a once-a-day pill for leukemia and lymphoma. PCLX-001 selectively and potently inhibits both NMT1 and NMT2 and has been shown to regress lymphoma and leukemia tumors and inhibit the growth of lung and breast cancer tumors in animal models. In leukemia and lymphoma, the levels of NMT2 are correlated with survival, suggesting an important biological role in these cancers. A Phase 1 Trial of PCLX-001 in patients with relapsed/refractory B-cell Non-Hodgkin’s Lymphoma and advanced solid malignancies is currently in progress, and a second Phase 1 trial in patients with relapsed or refractory acute myeloid leukemia (AML) is planned to start Q2 2023. The FDA has granted PCLX-001 Orphan Drug Designation and Fast Track Designation for the treatment of adult patients with relapsed or refractory acute myeloid leukemia. 


About Pacylex Pharmaceuticals
Pacylex is a clinical-stage pharmaceutical company headquartered in Edmonton, Alberta, Canada, developing a first-in-class, once daily oral cancer therapy with a novel targeted mechanism of action, PCLX-001. PCLX-001 is the lead drug in a new class of N-myristoyl-transferase (NMT) inhibitors, enabling Pacylex to exploit myristoylation as a new clinical target for cancer treatment. Pacylex is conducting a Phase 1 dose escalation study in Canada in patients with non-Hodgkin lymphoma and solid tumors. Pacylex received support from an Alberta Innovates AICE grant in 2020, and the research leading to this breakthrough was supported in part by the Alberta Cancer Foundation and the Cure Cancer Foundation. A second Phase 1 dose escalation study in patients with acute myeloid leukemia (AML) being supported by the US Department of Defense is planned to start Q2 2023.



About Biotech Showcase
Biotech Showcase is an investor and networking conference devoted to providing private and public biotechnology and life sciences companies with an opportunity to present to, and meet with, investors and pharmaceutical executives in one place. Investors and biopharmaceutical executives from around the world gather at Biotech Showcase during this bellwether week which sets the tone for the coming year. Now in its 15th year, this well-established, highly respected conference features multiple tracks of presenting companies, plenary sessions, workshops, networking, and an opportunity to schedule one-to-one meetings. Biotech Showcase is produced by Demy-Colton and EBD Group. Both organizations have a long history of producing high-quality programs that support the biotechnology and broader life sciences industry.


For more information:
Pacylex Pharmaceuticals
Contact
: Michael J. Weickert
CEO, Pacylex Pharmaceuticals, Inc.
P: 650-218-1840
Twitter @Pacylex (https://twitter.com/pacylex
#cancer, #lymphoma, #leukemia, #albertacancer, #Pacylex, #PCLX001, #UAlberta; #UAlberta_FoMD; #Worldslongestgame, #ASH22, #MDACC, #AML

Key Takeaways

  • Pacylex's lead drug candidate, PCLX-001, is currently being evaluated in a Phase 1 clinical study in patients with refractory lymphoma or solid tumors.
  • A second Phase 1 study in patients with relapsed or refractory acute myeloid leukemia will begin in Q2 2023.
  • Pacylex is raising a Series B to fund two efficacy studies in DMBCL and AML starting in 2023.

Media Gallery

Quotes

We are delighted to be presenting again at Biotech Showcase, which has always been an important venue to start our New Year. This year is more impo...
Michael J. Weickert, PhDCEO

Related Bios

Michael J. Weickert, PhD
CEO
Dr. Weickert has been developing drugs at public and private companies for over 30 years. He has been CEO of Fe Pharmaceuticals, illumiSonics, Sonescence, and SEA Medical Systems, CBO of Strategent Life Sciences, Corium, and Therashock, COO of Greenfire Bio and Ohm Oncology, VP of development at SciDose and Auspex, and Senior Program Executive or Manager at Nektar and Ligand. Michael has driven oncology product development including Phase III/NDA for Targretin for Cutaneous T-cell Lymphoma, and business planning for drug delivery versions of the cancer drugs Leuprolide, Paclitaxel and Irinotecan. He obtained Orphan Drug and Fast Track designations for oncology-related products in the US and EU. Prior to joining the pharmaceutical industry, he was at the National Cancer Institute at NIH. He has a PhD in Genetics from the University of Wisconsin, Madison.
View Full Bio>>
Luc G. Berthiaume, PhD
Chief Scientific Officer
Luc is a professor of cell biology at University of Alberta with 28 years of experience studying protein fatty acylation. He received his PhD from the Université de Sherbrooke and completed his Post-Doctoral Fellowship at the Memorial Sloan-Kettering Cancer Centre. He has more than 40 publications and 3 patents published or pending. Luc is also the founder and president of Eusera, an antibody manufacturing company in Edmonton, AB, which produces and markets many commercially successful antibodies.
View Full Bio>>
Michele Libonati, MSc
Chief Operating Officer
Michele brings more than 35 years of experience in strategy, preclinical research, clinical development and commercialization of small molecules, large molecules, drug device combinations and gene therapies. Most recently she was SVP of Program Strategy Leadership at Gilead Sciences, where she built a new function of cross-functional leaders accountable for overall program strategy. Prior to Gilead, Michele was CEO of Proneurotech, Inc. (now Nura Bio) a biopharmaceutical start-up focused on discovering and developing neuroprotective drugs. Michele spent 12 years at Genentech/Roche leading neurology, ophthalmology and immunology product strategy and global commercialization. In these roles, she oversaw the successful development and commercialization of a number of innovative flagship products, including OCREVUS®, LUCENTIS® and Rituxan®. Prior to joining Genentech, she held global clinical development leadership positions with Elan Pharmaceuticals, Inc. where she developed TYSABRI® and spent several years working in start-up companies Somatix Therapy Corporation developing gene and cell therapy applications for the treatment of Parkinson’s disease and Alzheimer’s disease, and Transcept Pharmaceuticals, heading the clinical development of Intermezzo®. Michele started the first ten years of her career working in neurology and psychiatric small molecule preclinical research and clinical development at Schering-Plough Research Institute. Michele has a B.A. in Experimental Psychology (now known as Neuroscience) from Rutgers University and M.S. in Pharmacology from New York Medical College.
View Full Bio>>
John Mackey, MD
Chief Medical Officer
John is a medical oncologist and Professor of Oncology, University of Alberta, and Chair of the Alberta Pre-Phase I Cancer Program (www.prephaseone.com). As the former Director of Clinical Trials at the Cross Cancer Institute, and the former Executive Director of Translational Research In Oncology (TRIO), a global clinical trial company with its head office in Edmonton, he has experience with clinical trial operations to expedite the clinical evaluation of Pacylex diagnostics and therapeutics.
View Full Bio>>
Annette Marcantonio
VP Clinical Operations
Annette joined Pacylex as Vice President, Clinical Operations after more than 30 years in senior clinical operations and development roles, leading large-scale clinical programs in complicated and novel therapeutic areas. Prior to Pacylex, she served as Vice-President of Clinical Affairs at Neurogastrx, where she successfully progressed the NG101 program in Gastroparesis. Prior to Neurogastrx, she served as Vice-President of Clinical Operations at Aimmune, where she was a key figure in designing the clinical development program and implemented and managed the studies leading to the approval of the first-in-class peanut allergy treatment Palforzia™. At prior companies, she has been a key participant in the filings of several US and EU marketing applications and has held key leadership positions in programs that have directly contributed to successful product approvals and label expansions for multiple drugs and biologics. Over the past two decades, Annette has also provided consulting support to numerous bio-pharmaceutical companies to support their development programs, and in one case served as a client's regulatory representative to the FDA. Annette received her Bachelor's degree from Loyola-Marymount University.
View Full Bio>>
Ryan Heit, MSc, MBA
VP Operations
Ryan has a background in research, technology commercialization, business development, and financing early stage companies. Ryan has provided business planning and company development for many early-stage, technology-based ventures in health-related fields in his previous positions as the Director of the Merck Invention Accelerator, with the University of Alberta, TEC Edmonton, and as an independent consultant. He also has nearly a decade of experience in the angel investing space as a Co-Founder and investor in Valhalla Private Capital. He holds a Masters in Experimental Oncology and an MBA from the University of Alberta.
View Full Bio>>

Contacts

Michael Weickert Ph.D
michael.weickert@pacylex.com
650-218-1840
Chief Executive Officer