Marker Therapeutics (NasdaqCM:MRKR) FY Conference Transcript

Summary of Marker Therapeutics FY Conference Call Company Overview - Company: Marker Therapeutics (NasdaqCM:MRKR) - Focus: Development and commercialization of next-generation T-cell-based immunotherapies for blood and solid tumor cancers using novel multi-TAA technology [1][4] Core Technology - mar T-cell Technology: Unique approach utilizing non-genetically engineered T cells to target multiple tumor-associated antigens (TAAs) through native T cell receptors, allowing recognition of a broad array of epitopes [4][6] - Comparison with Other Technologies: Unlike CAR T cells and bispecific antibodies, which are limited to specific targets, mar T cells can recognize intracellular proteins, providing a broader target profile and a better safety profile with minimal cytokine release syndrome and neurotoxicities [6][8] Market Need and Positioning - Unmet Medical Need: Focus on patients with diffuse large B-cell lymphoma (DLBCL) who have failed existing therapies (CAR T and bispecifics), representing a high unmet medical need [8][19] - Product MT-601: Positioned to fill this niche, with promising clinical data indicating a complete response rate of 50% and an overall response rate of 66% in heavily pretreated patients [19] Scalability and Manufacturing - Manufacturing Process: A simplified, non-genetically engineered manufacturing process that takes approximately 9 days, with a vein-to-vein time of 20 to 25 days, enhancing scalability and accessibility compared to CAR T therapies [10][31] - Reproducibility: Successful tech transfer across different vendors, ensuring consistent product quality and objective responses [31] Clinical Pipeline - Lead Asset: MT-601, currently in a Phase 1 Apollo trial focusing on DLBCL, with plans for a pivotal study anticipated to start early next year [24][30] - Solid Tumor Indications: Investigating MT-601 in pancreatic cancer due to high unmet need and promising preliminary results from prior studies [25][26] - Off-the-Shelf Program: Development of an off-the-shelf technology aimed at providing a readily available treatment option for patients [12][30] Safety and Efficacy - Safety Profile: Excellent tolerability observed even at the highest tested dose of 400 million cells, with minimal adverse effects reported [20][21] - Lymph Node Depletion: Incorporation of lymph node depletion in studies has shown to enhance T cell expansion and persistence without compromising safety [22][23] Future Milestones - Upcoming Trials: Continued updates on MT-601's clinical activity and safety, with first patient treatments in the off-the-shelf study and solid tumor program expected in the latter half of the year [30][32] - Long-term Vision: Potential expansion into solid tumors and development of off-the-shelf therapies, contingent on the success of the DLBCL program [32][33] Conclusion - Investment Outlook: The success of Marker Therapeutics is closely tied to the performance of MT-601 in DLBCL, with a clear strategy for addressing unmet needs in both hematologic and solid tumors [32][34]