Recent Updates
Recently added Catalysts
KZIA Positive Sentiment

KAZIA THERAPEUTICS ANNOUNCES PRESENTATIONS AT UPCOMING SCIENTIFIC MEETINGS

Key Takeaway: Kazia Therapeutics Limited has announced upcoming presentations of its investigational drugs, EVT801 and Paxalisib, at the ESMO Congress 2023 and SNO Annual Meeting. The presentations will provide insights into new data supporting the clinical efficacy and usage of these agents in fighting various forms of brain cancer. Notably, Paxalisib has been granted multiple FDA designations, enhancing its development capabilities as the company continues to push forward with its oncology-focused pipeline.
Price reaction · baseline $45.44 (2023-10-04 close) · hit after-hours · 5 other KZIA headline(s) in the window, move may be shared
day 0 close · peak
+4.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Kazia Therapeutics will present data on EVT801 and Paxalisib at two major scientific meetings.
  • Paxalisib has shown promising clinical activity in past trials and received multiple designations from the FDA.
  • The company is developing innovative treatments for challenging brain cancers with ongoing trials.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+189%
120-day peak, hindsight
Typical move
5.3%
average across 8 past catalysts
Lead asset
Abemaciclib
Phase 2 · CDK Gene Mutation

Full Press Release Details

SYDNEY, Oct. 5, 2023 /PRNewswire/ -- Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA), an oncology-focused drug development company, is pleased to provide an update regarding upcoming data presentations at two international scientific meetings, European Society for Medical Oncology (ESMO) Congress 2023 and Society for Neuro-Oncology (SNO) Annual Meeting. The presentations will highlight data for both investigational clinical drugs, EVT801 and Paxalisib.
The presentations include:
ESMO Congress 2023 (Madrid, Spain)
Title: VEGFR-3 expression profiling by histology and mRNA signature to classify patient population for the selective VEGFR-3 inhibitor EVT801
Presenter: Carlos A Gomez-Roca (IUCT-Oncopole, Toulouse, France)
Date: Saturday, 21 October 2023
Type: Poster Presentation
SNO Annual Meeting (Vancouver, Canada)
Title: Phase 1 study of paxalisib and radiotherapy for CNS disease harboring PI3K pathway mutations: pilot analysis of circulating tumor DNA for patient eligibility confirmation and post treatment response
Presenter: Brandon S. Imber (Memorial Sloan Kettering Cancer Center, New York)
Date: Friday, 17 November 2023
Type: Poster Presentation
SNO Annual Meeting (Vancouver, Canada)
Title: Combining ONC201 and paxalisib for the treatment of Diffuse Midline Glioma (DIPG); the preclinical results underpinning the international Phase II clinical trial (NCT05009992)
Presenter: Evangeline R. Jackson (University of Newcastle, Australia)
Date: Friday, 17 November 2023
Type: Plenary Oral Presentation
SNO Annual Meeting (Vancouver, Canada)
Title: PNOC022: A combination therapy trial using an adaptive platform design for patients with Diffuse Midline Gliomas (DMGs) at initial diagnosis, post-radiation therapy and at time of Progression
Presenter: Sabine Mueller (University of California, San Francisco)
Date: Sunday, 19 November 2023
Type: Oral Presentation
About Kazia Therapeutics Limited
Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) is an oncology-focused drug development company, based in Sydney, Australia.
Our lead program is paxalisib, a brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway, which is being developed to treat multiple forms of brain cancer. Licensed from Genentech in late 2016, paxalisib is or has been the subject of ten clinical trials in this disease. A completed Phase II study in glioblastoma reported promising signals of clinical activity in 2021, and a pivotal study in glioblastoma, GBM AGILE, is ongoing, with final data expected in CY2023. Other clinical trials are ongoing in brain metastases, diffuse midline gliomas CNS lymphoma, with several, and primary of these having reported encouraging interim data.
Paxalisib was granted Orphan Drug Designation for glioblastoma by the US FDA in February 2018, and Fast Track Designation (FTD) for glioblastoma by the FDA in August 2020. Paxalisib was also awarded (FTD) in July 2023 for the treatment of solid tumour brain metastases harbouring PI3K pathway mutations in combination with radiation therapy. In addition, paxalisib was granted Rare Pediatric Disease Designation and Orphan Drug Designation by the FDA for diffuse intrinsic pontine glioma in August 2020, and for atypical teratoid / rhabdoid tumours (AT/RT) in June 2022 and July 2022, respectively.
Kazia is also developing EVT801, a small-molecule inhibitor of VEGFR3, which was licensed from Evotec SE in April 2021. Preclinical data has shown EVT801 to be active against a broad range of tumour types and has provided compelling evidence of synergy with immuno-oncology agents. A Phase I study commenced recruitment in November 2021.
Forward-Looking Statements
This announcement may contain forward-looking statements, which can generally be identified as such by the use of words such as "may," "will," "estimate," "future," "forward," "anticipate," or other similar words. Any statement describing Kazia's future plans, strategies, intentions, expectations, objectives, goals or prospects, and other statements that are not historical facts, are also forward-looking statements, including, but not limited to, statements regarding: the timing for results and data related to Kazia's clinical and preclinical trials, and Kazia's strategy and plans with respect to its programs, including paxalisib and EVT801. Such statements are based on Kazia's current expectations and projections about future events and future trends affecting its business and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements, including risks and uncertainties: associated with clinical and preclinical trials and product development, related to regulatory approvals, related to Kazia's executive leadership changes, and related to the impact of global economic conditions. These and other risks and uncertainties are described more fully in Kazia's Annual Report, filed on form 20-F with the SEC, and in subsequent filings with the United States Securities and Exchange Commission. Kazia undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required under applicable law. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this announcement.
This announcement was authorized for release by Dr John Friend, CEO, on behalf of the Board of Directors.

Frequently Asked Questions

When is the ESMO Congress 2023 presentation scheduled?

The ESMO Congress 2023 presentation is on October 21, 2023.

What is the focus of Kazia Therapeutics Limited?

Kazia focuses on developing oncology therapies, particularly for brain cancer.

What is EVT801 targeting?

EVT801 is a small-molecule inhibitor targeting VEGFR3.

Who is presenting at the SNO Annual Meeting?

Presenters include Brandon S. Imber and Evangeline R. Jackson.

What designation did paxalisib receive from the FDA?

Paxalisib received Orphan Drug and Fast Track Designations for glioblastoma.

Last updated: Oct 5, 2023