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Press Releases

Zenas BioPharma Announces Publication of Phase 2 Study of Obexelimab, an Investigational Treatment for IgG4-Related Disease (IgG4-RD), in The Lancet Rheumatology

Study found obexelimab produced rapid, strong, and sustained clinical improvement, including complete clinical remission, in most patients with active IgG4-RD

Results support the continued development of obexelimab for the treatment of IgG4-RD and potentially other B cell-mediated autoimmune conditions

WALTHAM, Mass., Aug. 01, 2023 (GLOBE NEWSWIRE) — Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of immune-based therapies, announces The Lancet Rheumatology has published findings from a Phase 2 study evaluating obexelimab for the treatment of patients with IgG4-Related Disease (IgG4-RD). Based on the results of this study, a Phase 3 study in patients with IgG4-RD is ongoing to further investigate the efficacy and safety of obexelimab administered as a subcutaneous injection.

IgG4-RD is a chronic, immune-mediated fibro-inflammatory disease that can affect multiple organs including the major salivary glands, orbits, lacrimal glands, pancreas, biliary tree, lungs, kidneys, and retroperitoneum. Approximately 20,000 patients are diagnosed with IgG4-RD in the United States alone. Despite its increasing recognition, there remains a need for further research and effective therapeutic options for individuals living with this debilitating disease.

Across the world, the use of glucocorticoids is widely considered to be the standard of care for treating IgG4-RD. There are no approved treatment options for this condition. While commonly used, glucocorticoids and available B cell depleting therapies rarely lead to long-term, treatment-free remissions, and are associated with a high risk of toxicity in these patients. Such therapies also impair vaccine responses, including those for SARS-CoV-2 and influenza.

In a prospective, open-label, single arm, single-center pilot study to assess the efficacy and safety of obexelimab in the treatment of patients with IgG4-RD (clinicaltrials.gov registration NCT02725476), obexelimab demonstrated strong improvement in the IgG4-RD Responder Index, a measure of disease activity, by inhibiting B cell function, without depleting B cells.

The published manuscript, titled “Obexelimab for the Treatment of Patients with IgG4-Related Disease: An Open-Label, Single-Arm, Pilot Study to Evaluate Efficacy, Safety, and Mechanism of Action,” is available online and will appear in the August issue of The Lancet Rheumatology 2023;5(8) [E428-E429].

The following are the key findings in the paper:

  • Obexelimab produced rapid, strong, and sustained clinical improvement, including complete remission (IgG4-RD Responder Index score of 0), in most patients with active IgG4-RD.
  • During obexelimab treatment, reductions in circulating B cells, including plasmablasts, were observed without evidence of cell death.
  • Additionally, reduction of circulating B cells and rapid return to near normal levels after treatment discontinuation suggests that obexelimab may lead to B cell sequestration in lymphoid organs or the bone marrow.
  • Obexelimab was well tolerated. The majority of treatment-related adverse events were grades 1 or 2, with the most common adverse events being gastrointestinal infusion-related events, most of which were mild.

“Our findings are a significant step forward in understanding the underlying mechanisms of IgG4-Related Disease; paving the way for more targeted treatment strategies,” said John Stone, MD, MPH, Professor of Medicine at Harvard Medical School, and the Edward A. Fox Chair in Medicine at Mass General Hospital. “Our team is honored to have our research recognized by The Lancet Rheumatology, and we are immensely grateful to the patients who participated in this groundbreaking study.”

About Obexelimab

Obexelimab is an investigational Phase 3-stage, bifunctional, non-cytolytic, humanized monoclonal antibody that mimics the action of antigen-antibody complexes by binding CD19 and FcγRIIb to inhibit B-lineage cell activity. In several early-stage clinical studies in various autoimmune diseases, 198 subjects were treated with obexelimab. In these clinical studies, obexelimab demonstrated effective inhibition of B cell function without depleting the cells, resulting in encouraging treatment effect in patients with various autoimmune diseases. Zenas acquired exclusive worldwide rights to obexelimab from Xencor, Inc.

More information on the Phase 3 (INDIGO) study for the treatment of IgG4 Related Disease is available at clinicaltrials.gov: NCT05662241.

About Zenas BioPharma

Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of immune-based therapies for patients around the world. With clinical development and operations globally, Zenas is advancing a deep and balanced global portfolio of potential first- and best-in-class autoimmune therapeutics in areas of high unmet medical need while meeting the value requirements of the dynamic global healthcare environment. The company’s pipeline continues to grow through our successful business development strategy. Our experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases. For more information about Zenas BioPharma, please visit www.zenasbio.com and follow us on Twitter at @ZenasBioPharma and LinkedIn.

Investor and Media Contact:
Joe Farmer, President & COO
Zenas BioPharma
IR@zenasbio.com

GlobeNewswire Distribution ID 8884766

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Press Releases

Conagen and Sumitomo Chemical jointly develop a new era of renewable carbon materials

Bedford, Mass., Aug. 01, 2023 (GLOBE NEWSWIRE) — Conagen, the bioplatform innovator and biomanufacturer, and Sumitomo Chemical, Japan’s leading chemical company, have announced to jointly develop p-hydroxystyrene (HS) and its polymer, poly p-hydroxystyrene (PHS), using a combination of biosynthesis, chemosynthesis, and polymerization. The monomer and the polymer are 100% renewable carbon, marking a new era of sustainable production.

Developing PHS using a combination of biosynthesis, chemosynthesis, and polymerization represents a significant breakthrough in sustainable material production. Efforts to reduce reliance on petroleum and transition towards renewable and sustainable alternatives have gained momentum in recent years. With renewable biomass as the starting material, this joint devolvement between Conagen and Sumitomo Chemical creates an environmentally friendly and cost-effective product. The partnership is in the lead position of active global initiatives to reduce petroleum-based products’ consumption and environmental impact.

This partnership represents a significant milestone in developing sustainable materials, and this approach to PHS production is expected to reduce the carbon footprint associated with traditional chemical synthesis methods. It is a crucial step towards more sustainable manufacturing processes with a positive impact.

The Conagen-Sumitomo partnership leverages Conagen’s expertise in microbial strain design and development with Sumitomo Chemical’s proficiency in chemical production and commercialization. The collaboration aims to create a platform that enables the production of sustainable chemicals to replace petrochemicals in an extended range of many applications.

PHS is used to produce polymers, resins, and other chemicals. The monomer HS can also be used as an input for the synthesis of other substances, such as pharmaceuticals and fragrances. The applications of HS and PHS are limitless and can span uses from electronics to personal care and other consumer products.

“This partnership represents a significant step forward in pursuing green chemicals for sustainable material production,” said J. McNamara, Ph.D., V.P. of chemical applications at Conagen. “Our commitment is a testament to the power of collaboration and the potential of combining our technologies with synthetic and polymer chemistries to create innovative, sustainable solutions that can significantly reduce petroleum-based products in the environment,” McNamara stated. “Together, we’re marking a new era of carbon-neutral material production efforts.”

The monomer HS, with the chemical formula C8H8O, is a derivative of styrene in which a hydroxyl group (-OH) is attached to the aromatic ring’s para position (carbon atom 4). The HS and PHS are examples of green chemistry for minimizing waste, reducing hazardous chemicals, and using catalysts that can be easily separated and reused. This joint development project promises to potentially pave the way for developing novel renewable and sustainable materials. “Similar technology can be used to produce other key chemical ingredients by fermentation at industrial scale, such as cinnamic acid, monohydroxy-benzoic acid, and dihydroxy-benzoic acid,” said McNamara.

About Conagen

Conagen is making the impossible possible. It is a product-focused, synthetic biology R&D company with large-scale manufacturing service capabilities. Its proprietary strain development, fermentation, and scale-up technologies enhance our partners’ sales, production, and profitability across a broad spectrum of current and developing markets in food, beverage, nutrition, flavor and fragrance, pharmaceutical, and renewable materials.

About Sumitomo Chemical

Sumitomo Chemical is Japan’s leading chemical company, with a global presence in the chemicals, petrochemicals, and plastics industries. The company is committed to sustainability and has a product portfolio contributing to the United Nations Sustainable Development Goals.Top of Form

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Ana Capretz, Head of Public Relations and Communications
Conagen
+1-781-271-1588
ana.capretz@conagen.com

GlobeNewswire Distribution ID 8884420

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Information

UOB prepares to launch the 3rd International Conference on Sustainable Islamic Business and Finance

University of Bahrain (UOB) will hold the third edition of the Islamic Sustainable Business and Finance Conference on September 24-25.

The conference held virtually, will bring together academic researchers, educators, doctoral students, and practitioners from various international institutions to discuss how Islamic Business and Finance contribute to achieving the Sustainable Development Goals (SDGs).

Dr. Fuad Mohammed Al Ansari, UOB president, emphasised the significance of Islamic finance as an effective tool that contributes to driving economic, social and environmental sustainability and funding development programmes.

He also highlighted the crucial role of entrepreneurs and Small and Medium Enterprises (SMEs) in driving economic growth through innovation and creativity to maintain competitive edge.

Dr. Al Ansari said that the university’s efforts in providing platforms for discussions on the advantages, contributions, practices, financial, ethical, and social guidelines of Islamic economics and finance; is aligned with the leading position Bahrain holds in Islamic finance.

Participants in the conference will present and discuss the latest innovations, trends, concerns, challenges and solutions in this field, which can play a crucial role in supporting the implementation of sustainable development goals.

It will include sessions to showcase recent developments and applications in the field of Islamic business and finance. Research papers will discuss several topics including Islamic business and globalization; the legal and regulatory framework governing Islamic finance; Islamic finance and social responsibility; using AI applications in Islamic banking; Shari’a governance and Islamic finance; green Islamic finance; financial engineering and risk management in Islamic banking; the jurisprudence of Islamic financial transactions, Islamic financial technology, entrepreneurship and small enterprises, Islamic finance and sustainable development, accounting standards and practices related to the Islamic financial industry and Islamic endowment funds.

The Deanship of Graduate Studies and Scientific Research said that the deadline for the submission of preliminary research papers will be on August 30, noted that those wishing to participate will receive acceptance notifications on 10 September.

The deadline for submission of final research papers will be on September 20, via https://icsibf.uob.edu.bh.

The Islamic Banking Department at the College of Business Administration offers undergraduate and master’s programs in Islamic banking and finance, as well as a PHD program in business analysis with a specialization in Islamic banking. The department aims to equip students with knowledge in Islamic banking, Islamic financial transactions, banking law, and prepare them to work in the Islamic financial services sector, with a diverse group of specialised professors in Islamic banking sciences, as well as experts in the field of Islamic finance.

Source: Bahrain News Agency

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Market

Industry and Commerce Minister launches Sijilat 3.0

Abdullah bin Adel Fakhro, Minister of Industry and Commerce, today announced the launch of Sijilat 3.0, in cooperation with the Information and e-Government Authority (iGA), Bahrain Post and Cisco, during a press conference held at the Bahrain Chamber of Commerce and Industry (BCCI) building.

Samir Abdullah Nass, BCCI Chairman, Mohammed Ali Al Qaed, CEO of iGA, Dr. Zakaria Ahmed Al Khaja, Deputy CEO of iGA, and Nibras Mohammed Ali Talib, Assistant Undersecretary for Commercial Registration and Companies at MOIC, attended.

The commercial registration system “Sijilat” is an integrated electronic portal that aims to contribute to providing a commercial investment environment that attracts Bahraini, Gulf and international investors and facilitates the establishment of commercial projects and the completion of any requirements related to commercial activities.

The minister affirmed the ministry’s commitment to developing initiatives that boost the economic and commercial sector as part of the comprehensive development process under the leadership of His Majesty King Hamad bin Isa Al Khalifa, and the keen follow up of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.

The minister said that the launch of Sijilat 3.0 aims to further develop and improve the quality of services provided by the Ministry of Industry and Commerce by implementing the latest technologies that enable investors to manage their businesses easily and from anywhere in the world.

Improvements in the new system update include a collection of new e-services, which facilitate and reduce steps to access services by 60%.

Minister Fakhro indicated that the improved system uses modern programming techniques that suit the format of various devices, in addition to other new services.

One of the most notable services is the “automated guide,” which is an interactive tool and a proactive step that enables investors to access everything they need to establish their business and determine the appropriate structure of the commercial registration or its activity before starting it. It also provides the service of printing certificates for the CR, which allows businessmen and investors to obtain certificates and CR data through Sijilat, in addition to providing and improving 10 services for CR holders.

Sijilat 3.0 also included adding a “Dashboard” to display all commercial records, enabling investors to complete many transactions such as submitting a request for a new registration, deleting records, renewing and searching for active records, as well as searching for commercial activities, renewing commercial registration without a license, changing addresses, as well as adding a help page and a feature to inquire about transactions, the minister explained.

A collection of utilities was developed, including a cost and time period calculation tool; a tool for comparing activities; providing samples of documents required to facilitate the application process; illustrative videos on all services provided through the system; guide on business requirements and virtual customer service.

Fakhro added that the system’s technical infrastructure was developed by transferring it to cloud computing to increase speed and efficiency and ensure the quality of services.

BCCI Chairman affirmed that the launch of the improved Sijilat System came to improve the quality of services and that such initiatives achieve sustainability for the entrepreneurship and investment sector and maintain its growth and prosperity.

He added that increasing the volume of commercial and investment activities in Bahrain through facilitating the establishment procedures for investors and developing them continuously supports the BCCI’s objectives and commitment to providing the business environment with all means to create a well-rounded investment environment.

Nass noted Bahrain’s keenness to constantly keep up with the latest developments in the field of entrepreneurship, and to keep pace with the requirements of the labour market in light of global economic developments. He pointed out that Bahrain was one of the countries that took serious steps towards future sciences and investing opportunities for innovation and creativity to achieve the objectives of Bahrain Economic Vision 2030.

iGA CEO stressed that continuing to develop Sijilat affirms the government’s belief in its significant role as one of the factors that provide a conducive environment for various activities and businesses of the private sector and contributes to attracting Bahraini, Gulf and international investors.

Al Qaed expressed his appreciation to all the teams that worked on improving the new Sijilat system to include the new integrated and supportive electronic features and services that support the commercial sector and attract investors.

He affirmed that the Authority, under the support of General Shaikh Rashid bin Abdullah Al Khalifa, the Interior Minister and Chairman of the Ministerial Committee for Information and Communications Technology, is continuing to develop Sijilat in partnership with the Ministry of Industry and Commerce and other concerned entities, and will continue the process of digital transformation of government services and systems.

The first version of Sijilat was launched in 2015 under the name ‘commercial registration’, making Bahrain the first country in the region to provide such a service. The first version of the system provided an e-link with commercial record licensees and a manual on the use of various Sijilat services, as well as adding the services of commercial companies, most important of which was issuing a CR.

In 2016, (Sijilat 2) was launched, featuring the service of issuing a CR without a license within 93 seconds only, in addition to including the National Classification of Economic Activities (ISIC4).

For more information or inquiries regarding Sijilat 3.0, contact the government services call centre on 80008001, or submit inquiries, observations and suggestions through (Tawasul), or through the e-mail of the Investor Relations Directorate IR@moic .gov.bh.

Source: Bahrain News Agency

Categories
General

5.0-Magnitude Earthquake Hits Northeastern of Papua New Guinea

An earthquake measuring 5.0 magnitude on the Richter scale hit the northeastern part of Papua New Guinea’s West New Britain Province on Tuesday.

The US Geological Survey (USGS) stated that the epicenter of the quake was about 72 km of Kimbe, at a depth of 119 km.

So far, there have been no reports of casualties or material damage due to the earthquake.

On June 20th, a 5.2-magnitude earthquake struck the Angoram region in Papua New Guinea, at a depth of 9 km.

Papua New Guinea is located along the Pacific Ring of Fire, where many volcanic eruptions and earthquakes occur. This region includes 90% of the active volcanoes in the world. In February 2018, it witnessed a devastating earthquake that killed at least 100 people and caused landslides that buried dozens of villages. (QNA)

Source: Qatar News Agency

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General

11 Dead, 27 Missing in China Rainstorms

A total of 11 people have died and 27 others remain missing during rainstorms in Beijing, local authorities said Tuesday.

The deceased include two in Fangshan, the worst affected districts. Other fatalities include four in Changping District and one in Haidian District, China’s (Xinhua) news agency reported citing the city’s flood control and drought relief headquarters.

The flood control in China’s Haihe River Basin has entered a critical period as 13 rivers, including the mainstream and tributaries of the Yongding River, have exceeded warning levels by Monday, Minister of Water Resources Li Guoying said.

The Haihe River Basin is densely populated and involves many large and medium-sized cities, including Beijing.

The ministry has maintained a Level-II emergency response to floods in the Beijing-Tianjin-Hebei region in the north of the country and deployed 10 work teams for the flood response in Beijing, Tianjin, Hebei, and other provinces and municipalities.

The State Flood Control and Drought Relief Headquarters on Sunday also raised the emergency response for flooding to Level II in Beijing, Tianjin, Hebei, Shanxi, and Henan. (QNA)

Source: Qatar News Agency

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General

17 Killed after Crane Collapses in Western India

At least 17 workers were killed and three others were injured early Tuesday after a crane collapsed on them at a bridge construction site in India’s Maharashtra state.

Indian media reported, quoting the police, that the crane collapsed on a group of workers, killing at least 17 of them and injuring three others, adding that the search and rescue operation is still ongoing to find those trapped.

The accident took place in Shahapur in Maharashtra state, around 80 km from Mumbai.

Meanwhile, Indian Prime Minister Narendra Modi announced financial compensation for the families of the victims.

In 2020, at least 11 people were killed and five others were injured after a huge crane collapsed at a shipbuilding yard in southern India. (QNA)

Source: Qatar News Agency

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General

Dozens of Settlers Break into Al-Aqsa Mosque

Dozens of settlers Tuesday morning broke into the compounds of Al-Aqsa Mosque under heavy protection from the Israeli occupation police.

The settlers carried out provocative tours in the courtyards of the Mosque, listened to explanations about the alleged “temple”, and performed Talmudic rituals in the eastern part of it.

The occupation police stationed at the entrances of Al-Aqsa Mosque confiscated worshipers’ IDs before allowing them to enter.

Al-Aqsa Mosque is subjected to daily incursions by settlers, except for Friday and Saturday, in an attempt to divide it temporally and spatially. (QNA)

Source: Qatar News Agency

Categories
General

France Announces Evacuation of Nationals from Niger

France announced its preparation to evacuate its nationals from Niger starting Tuesday following the overthrowing of President Mohamed Bazoum.

The French embassy sent a message to the French nationals stating that with the deterioration of the security situation in Niamey, an air evacuation operation is being prepared from Niamey and will begin Tuesday. France is also offering to evacuate other European nationals wanting to leave.

In Paris, the French Ministry of Foreign Affairs confirmed Tuesday morning that preparatory work is underway. According to the Ministry’s data, there are between 500 and 600 French citizens in Niger.

Last Sunday, the leaders of the ECOWAS group threatened to resort to force if the President of Niger, who is being held by the coup leaders, Mohamed Bazoum, was not released, and set a week to return to constitutional order in the country.

The group imposed immediate and strict restrictions and measures by closing the land and air borders with Niger and stopping all flights and commercial and financial dealings with it.

For its part, the African Peace and Security Council gave the coup leaders in Niger 15 days to relinquish power and return to the military barracks and allow elected President Mohamed Bazoum to carry out his duties.

Last week, the leader of the coup in Niger, General Abd al-Rahman Chiani, announced the dismissal of the country’s president, Mohamed Bazoum, the closure of borders, the imposition of a curfew, and that he would head a transitional military council in the country. (QNA)

Source: Qatar News Agency

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General

Bahrain-Japan agreement on mutual visa exemption for diplomatic and special passport holders enters into force

The Ministry of Foreign Affairs has announced that the agreement between the Government of the Kingdom of Bahrain and the Government of Japan regarding mutual exemption from visa requirements for holders of diplomatic and private passports has entered into force on August 1, 2023.

The Ministry of Foreign Affairs affirmed that this agreement is part of its tireless efforts to strengthen Bahrain’s relations with various countries of the world.

It also reflects the mutual desire of the Government of Bahrain and those of friendly countries to invest in the available areas of cooperation, including facilitating movement, the Ministry added.

Source: Bahrain News Agency