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JANX Positive Sentiment Score: 85/100

Janux Therapeutics Announces Positive Interim Clinical Data from Phase 1a Dose Escalation for PSMA-TRACTr JANX007 and an Update on Pipeline Programs Multiple patients treated with PSMA-TRACTr JANX007 have achieved meanin

Key Takeaway: Janux Therapeutics announced positive interim clinical data for its PSMA-TRACTr JANX007 in a Phase 1a trial for metastatic castration-resistant prostate cancer. The data indicated significant PSA reductions in several patients, coupled with low-grade and transient cytokine release syndrome. The treatment demonstrated a favorable safety profile, with no dose-limiting toxicities observed. The company expressed confidence in the ongoing development of JANX007 and outlined additional clinical programs in its pipeline.

Market Sentiment Analysis

POSITIVE FACTORS

  • Positive interim clinical data for PSMA-TRACTr JANX007 in mCRPC.
  • Demonstrated PSA reductions between 31% and 67% in treated patients.
  • No dose-limiting toxicities reported, indicating good safety profile.
  • Confidence expressed in continued clinical development of JANX007.

Full Press Release Details

Janux Therapeutics Announces Positive Interim Clinical Data from Phase 1a Dose Escalation for PSMA-TRACTr JANX007 and an
Update on Pipeline Programs
SAN DIEGO, July 17, 2023 Janux Therapeutics, Inc. (Nasdaq: JANX) (Janux), a clinical-stage biopharmaceutical company developing a broad pipeline
of novel immunotherapies by applying its proprietary technology to its Tumor Activated T Cell Engager (TRACTr) and Tumor Activated Immunomodulator (TRACIr) platforms, today announced interim Phase 1 clinical data for PSMA-TRACTr JANX007 in adult
subjects with metastatic castration-resistant prostate cancer (mCRPC) and provided a pipeline update. Janux will host a virtual investor event today at 4:00 PM ET. To register for the event, please click here.
These data showing tumor-activated T cell engagement in patients with prostate cancer represent the first
in-human data for the TRACTr platform and give us confidence for continuing clinical development of JANX007 and advancing future programs from this platform. We are encouraged by these positive interim
clinical data for JANX007, which displayed PSA reductions coupled with low-grade and transient CRS, which we believe to be consistent with the TRACTr mechanism of action said David Campbell, Ph.D.
The concept of tumor-specific activation as a new therapeutic strategy for T cell engagers in solid tumors has taken an important step forward, and the JANX007 program has hit an important milestone in its clinical development.
Interim Clinical Data for PSMA-TRACTr JANX007 in mCRPC as of June 28, 2023
The data from eight patients from the first three cohorts of the dose escalation portion of the Phase 1a clinical trial, as of June 28, 2023 show that
JANX007 has been generally well tolerated, with no dose-limiting toxicities. JANX007 has been dosed at 300 g flat dose, which is above the projected maximum tolerable dose of the parental T cell engagers. JANX007 showed clinical activity at
both 100 g and 300 g flat doses and yielded best overall PSA reductions between 31% and 67% in four of the five patients who received a flat dose. Grade 1 or 2 cytokine release syndrome (CRS) was observed only in patients who
demonstrated PSA reductions, suggesting cytokine release resulting from anti-tumor activity was associated with CRS. No Grade 3 CRS has been observed. The most common, non-CRS related adverse event
observations have been generally consistent with tumor-specific activity and reduced PSMA(+) healthy tissue activity. No transaminitis was observed. JANX007 clinical development has moved into step-dosing and dose optimization with the goal to
enhance efficacy while maintaining suitable safety results.
The TRACTr technology is designed to create potent T cell engagers (TCEs) by tumor-specific
activation via mask cleavage by tumor proteases. Plasma levels in patients exhibited prolonged TRACTr exposure, clear evidence of activation as measured by a specific cleavage fragment, and lack of accumulation of the active TCE in the blood. The
lack of TCE accumulation shows consistency with TRACTr design principles and suggest that observed PSA reductions have been a result of tumor activation and not systemic TCE exposure.
Conference Call Information
Janux will host a live conference call and webcast today at 4:00 PM ET. A live question and answer session will follow the formal presentation.
Conference call participant joining details:
United States (Local): 1 (646) 960-0134
International: 1 (888) 412-4131
Access code: 7426984
To access the live webcast, please visit
the Investors section of the Company s website. A replay of the webcast presentation will be available on the Company s website at https://investors.januxrx.com for approximately 30 days.
Janux s TRACTr and TRACIr Pipeline
first clinical candidate, JANX007, is a TRACTr that targets PSMA and is being investigated in a Phase 1 clinical trial in adult subjects with metastatic castration-resistant prostate cancer (mCRPC). Janux s second clinical candidate, JANX008,
is a TRACTr that targets EGFR and is being studied in a Phase 1 clinical trial for the treatment of multiple solid cancers including colorectal cancer, squamous cell carcinoma of the head and neck, non-small
cell lung cancer, and renal cell carcinoma. Janux s TRACIr drug candidate, JANX009, is designed for targeting both the programmed death-ligand 1 (PD-L1) receptor as well as the costimulatory CD28 receptor
on T cells and is being investigated in preclinical studies for the treatment of solid tumors. Janux is also applying its proprietary technology to develop a TRACTr designed to target TROP2, a clinically validated anti-tumor target that is
overexpressed in various cancer types, such as breast, lung, urothelial, endometrial, ovarian, prostate, pancreatic, gastric, colon, head and neck, and glioma. In addition to named programs, Janux is generating a number of unnamed TRACTr and TRACIr
programs for potential future development.
About Janux Therapeutics
Janux is a clinical-stage biopharmaceutical company developing tumor-activated immunotherapies for cancer. Janux s proprietary technology enabled the
development of two distinct bispecific platforms: Tumor Activated T Cell Engagers (TRACTr) and Tumor Activated Immunomodulators (TRACIr). The goal of both platforms is to provide cancer patients with safe and effective therapeutics that direct and
guide their immune system to eradicate tumors while minimizing safety concerns. Janux is currently developing a broad pipeline of TRACTr and TRACIr therapeutics directed at several targets to treat solid tumors. Janux has two TRACTr therapeutic
candidates in clinical trials, the first targeting PSMA is in development for prostate cancer, and the second targeting EGFR is being developed for colorectal, lung, head and neck, and renal cancers. For more information, please
Forward-Looking Statements
This news release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different
from historical results or from any future results expressed or implied by such forward-looking statements. Such forward-looking statements include statements regarding, among other things, Janux s ability to bring new treatments to cancer
patients in need, expectations regarding the timing, scope and results of Janux s development activities, including its ongoing and planned clinical trials and that the interim data results supporting continued clinical
development of JANX007, and the potential benefits of Janux s product candidates and platform technologies. Factors that may cause actual results to differ materially include the risk that
interim results of a clinical trial are not necessarily indicative of final results and one or more of the clinical outcomes may materially change as patient enrollment continues, following more comprehensive reviews of the data and as more patient
data becomes available, the risk that compounds that appear promising in early research do not demonstrate safety and/or efficacy in later preclinical studies or clinical trials, the risk that Janux may not obtain approval to market its product
candidates, uncertainties associated with performing clinical trials, regulatory filings and applications, risks associated with reliance on third parties to successfully conduct clinical trials, the risks associated with reliance on outside
financing to meet capital requirements, and other risks associated with the process of discovering, developing and commercializing drugs that are safe and effective for use as human therapeutics, and in the endeavor of building a business around
such drugs. You are urged to consider statements that include the words may, will, would, could, should, believes, estimates, projects,
promise, potential, expects, plans, anticipates, intends, continues, designed, goal, or the negative of those words or other comparable words
to be uncertain and forward-looking. For a further list and description of the risks and uncertainties Janux faces, please refer to Janux s periodic and other filings with the Securities and Exchange Commission, which are available at
www.sec.gov. Such forward-looking statements are current only as of the date they are made, and Janux assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Jessica Yingling, Ph.D.

Frequently Asked Questions

What is JANX007 used for?

JANX007 targets metastatic castration-resistant prostate cancer in clinical trials.

How effective is JANX007 based on interim data?

Interim data indicate JANX007 achieved PSA reductions between 31% and 67%.

What side effects were observed with JANX007?

JANX007 was well tolerated, with primarily low-grade cytokine release syndrome observed.

What is Janux Therapeutics' focus?

Janux focuses on developing tumor-activated immunotherapies for solid tumors.

What platforms does Janux use for its therapies?

Janux utilizes TRACTr and TRACIr platforms for creating novel immunotherapies.

Last updated: Jul 17, 2023