Incyte (NasdaqGS:INCY) FY 2025 Conference December 02, 2025 11:15 AM ET Speaker0Okay, great. All right, let's get started with the next session of Citi's Global Healthcare Conference. It's my great pleasure to have with me the senior management of Incyte Corporation. We have the CEO, Hervé Hoppenot, and Pablo Cagnoni, the president of research and development. Gentlemen, thank you both so much for taking the time to chat.Speaker2Nice to be here.Speaker1Nice to be here.Thank you. All right, you know, let's j ...

Core Insights - CytoDyn Inc. has initiated patient enrollment for a clinical trial assessing the efficacy of leronlimab in relapsed/refractory microsatellite stable colorectal cancer [1][2] - The trial is being conducted in partnership with Syneos Health, involving multiple clinical sites [2] - Colorectal cancer is a significant global health issue, with approximately 1.9 million new cases and over 900,000 deaths annually [3] Company Overview - CytoDyn is a clinical-stage biotechnology company focused on developing leronlimab, a monoclonal antibody targeting CCR5, with applications in oncology and other therapeutic areas [6] - The company aims to provide innovative treatment options for challenging diseases, as highlighted by the dosing of the first patient in the Phase II CRC trial [4] Clinical Trial Details - The trial is led by Dr. Ben Weinberg from Georgetown University and aims to evaluate the potential clinical benefits of leronlimab in colorectal cancer [2][5] - Previous studies have shown promising survival rates for leronlimab in metastatic triple-negative breast cancer, indicating its potential applicability across various solid tumors [5] Industry Context - The World Health Organization's IARC identifies colorectal cancer as the third most common cancer type and the second leading cause of cancer-related deaths globally [3] - The increasing incidence of colorectal cancer in individuals under 50 years old has been noted for over 20 years, indicating a growing public health concern [3]

Core Insights - CytoDyn Inc. has announced new data indicating that leronlimab may enhance PD-L1 expression in patients with metastatic Triple-Negative Breast Cancer (mTNBC), potentially transforming "cold" tumors into "hot" tumors suitable for immune checkpoint inhibitors [1][2][3] Group 1: Mechanism of Action - Leronlimab treatment correlated with increased PD-L1 expression on circulating tumor cells (CTCs) in 88% of patients receiving a weekly dose of 525 mg or higher over a 30-to-90-day period [2] - The increase in PD-L1 expression is significant as it may allow patients to benefit from subsequent treatment with immune checkpoint inhibitors [2][3] Group 2: Clinical Outcomes - Among patients with mTNBC who had failed a median of two prior treatments, 100% of those showing increased PD-L1 expression after leronlimab treatment remain alive, with 80% having no evidence of disease [3] - The company believes that if these results are confirmed, the mechanism could be effective across various solid tumor types, particularly for patients with low PD-L1 levels who were previously unresponsive to checkpoint inhibitors [3][4] Group 3: Future Directions - CytoDyn aims to confirm these findings prospectively and has amended its colorectal cancer trial to collect PD-L1 data in another solid tumor type [4] - The company expresses optimism that leronlimab's ability to induce a "hot" tumor environment could significantly improve treatment options for patients with aggressive cancers [4]