Key Opinion Leader (KOL) Call on Epigenetics

Hosted by Salarius Pharmaceuticals (NASDAQ: SLRX) in December, 2019
Click on the Right for a Recording of the Webcast
Domestic Dial In Information: 1-877-705-6003
International Dial In Information: 1-201-493-6725
Conference ID: 13697465

Key Takeaways

  • Salarius will have several inflection points in 2020 that offer the potential for significant upswing
  • Recently entered into a $10.9 million common stock purchase agreement, including a $1.0 million initial common stock purchase, with Aspire Capital Fund, LLC, a Chicago-based institutional investor to secure financial flexibility to execute on their 2020 goals
  • Memorial Sloan Kettering Cancer Center (MSKCC) in New York City and Nationwide Children’s Hospital (Nationwide Children’s) in Columbus, OH have been added as clinical trial sites in the ongoing Phase 1/2 clinical trial of Seclidemstat for the treatment of Ewing sarcoma

The call featured a presentation and discussion by Key Opinion Leaders (KOLs) Damen Reed, MD (Moffitt Cancer Center) and Jonathan Whetstine, PhD (Fox Chase Cancer Center) who discussed Epigenetics, and how drugs that require gene expression ("epigenetics drugs") are a viable strategy for treatment and management of cancer.

You can hear a recording of the discussion Here

They also discussed recent clinical successes with epigenetic drugs and what to expect from novel agents.

The meeting opened with a presentation by Salarius' CEO, David Arthur and Senior Medical Advisor, Margaret Dugan, MD providing an update on their lead program, Seclidemstat. Management shared the latest on their clinical program and on new areas of interest including immunotherapy and select tumor mutations. Seclidemstat, a reversible LSD1 inhibitor, inhibits LSD1's enzymatic and scaffolding properties, representing a viable therapeutic option for patients who need it the most.

Recent White Paper: Salarius - An Epigenetic - Focused Oncology Company

About Salarius: Salarius (NASDAQ: SLRX) is a clinical-stage oncology company targeting the epigenetic causes of cancers. Salarius recently completed a reverse merger and is an exciting new public company with a differentiated lead drug candidate in the hot epigenetic space. The company’s lead candidate, Seclidemstat, is a differentiated inhibitor of the LSD1 epigenetic enzyme. Seclidemstat is a more comprehensive inhibitor of LSD1’s scaffolding and enzymatic properties when compared to the competition. Salarius believes that Seclidemstat’s differentiated binding mechanism and location within LSD1 may lead to improved safety and efficacy compared to other LSD1-targeted therapies in clinical development.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release are forward-looking statements. These forward-looking statements may be identified by terms such as “will,” “can,” “believe,” ”plan,” “allow,” “expect,” “provide,” “able to,” “position,” “hope” and similar terms or expressions or the negative thereof. Examples of such statements include, but are not limited to, statements relating to the following: the company’s belief that the stock purchase agreement will provide additional access to capital and financing flexibility to allow the company to continue to execute its clinical plans and further advance its lead drug candidate, Seclidemstat, creating value for its shareholders; the anticipated use of proceeds from the agreement; the company’s belief that it is well funded, ultimately driving value for its shareholders; expectations regarding Aspire Capital’s future hold of the company’s common stock, including the timing of any sale; expectations regarding future sales to Aspire Capital under the agreement, if any; expected timing and results of clinical studies and delivery of clinical milestones in 2020, including the company’s expectations on reaching maximum tolerated dose early 2020 and reporting early patient data later in the same year; Seclidemstat’s potential benefits to patients and their families and the company’s potential to bring hope and new treatments for patients and their families; the nature, strategy and focus of the company; and the development and commercial potential of any product candidates of the company. Salarius may not actually achieve the plans, carry out the intentions or meet the expectations or objectives disclosed in the forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements are subject to risks and uncertainties which could cause actual results and performance to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the ability of the company to raise additional capital to meet the company’s business operational needs and to achieve its business objectives and strategy; the company’s ability to project future capital needs and cash utilization; future clinical trial results; that the results of studies and clinical trials may not be predictive of future clinical trial results; the sufficiency of Salarius’ intellectual property protection; risks related to the drug development and the regulatory approval process; the competitive landscape and other industry-related risks; market conditions which may impact the ability of Salarius to sell stock to Aspire Capital; the possibility of unexpected expenses or other uses of Salarius’ cash resources; and other risks described in Salarius’ filings with the Securities and Exchange Commission, including those under the heading “Risk Factors.” The forward-looking statements contained in this press release speak only as of the date of this press release and are based on management’s assumptions and estimates as of such date. Salarius disclaims any intent or obligation to update these forward- looking statements to reflect events or circumstances that exist after the date on which they were made.  



Key Takeaways

  • Salarius will have several inflection points in 2020 that offer the potential for significant upswing
  • Recently entered into a $10.9 million common stock purchase agreement, including a $1.0 million initial common stock purchase, with Aspire Capital Fund, LLC, a Chicago-based institutional investor to secure financial flexibility to execute on their 2020 goals
  • Memorial Sloan Kettering Cancer Center (MSKCC) in New York City and Nationwide Children’s Hospital (Nationwide Children’s) in Columbus, OH have been added as clinical trial sites in the ongoing Phase 1/2 clinical trial of Seclidemstat for the treatment of Ewing sarcoma

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Related Bios

David J. Arthur
Chief Executive Officer
Mr. Arthur is a senior life sciences executive with 25+ years of US and global experience building and leading medical and marketing organizations in product development; launching and managing pharmaceutical and device brands. Prior to accepting the role as Chief Executive Officer Salarius Pharmaceuticals, David was Managing Director Dacon Pharma, LLC. Additionally, David spent 20+ years with Eli Lilly and Boehringer-Ingelheim in executive roles managing product development, business development, US business, global commercialization, European regional marketing and financial planning/analysis.

Mr. Arthur earned a BS in Chemical Engineering from North Carolina State University, a Masters of Business Administration from the Duke University Fuqua School of Business, is a licensed Professional Engineer and Six Sigma Green Belt.
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Margaret Dugan, MD
Senior Medical Advisor
Dr. Dugan serves as a consultant to Salarius Pharmaceuticals and is a Board certified medical oncologist and hematologist from New York University Fellowship Program, with MD degree from New York University School of Medicine. Dr. Dugan has worked at major pharmaceutical companies including American Cyanamid Co, (a division of (SPRI) (now Merck), and Novartis Pharmaceuticals, in oncology clinical research. With each pharmaceutical company, Dr. Dugan was responsible for approval of several oncology products including photodynamic therapy in esophageal and superficial bladder cancer (American Cyanamid), temozolomide for primary CNS brain tumors (SPRI), and femara for metastatic breast cancer and ceritinib for ALK+ metastatic lung cancer (Novartis).
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Damon Reed, MD
Director of the Adolescent and Young Adult Program at Moffitt Cancer Center, an Associate Member of the Sarcoma Department at Moffitt Cancer Center and an Assistant Professor of Pediatrics at the University of South Florida.
Dr. Damon Reed is the Director of the Adolescent and Young Adult Program at Moffitt, an Associate Member of the Sarcoma Department at Moffitt Cancer Center and an Assistant Professor of Pediatrics at the University of South Florida. He is also on staff as a specialty physician at All Children’s Hospital in St. Petersburg, FL. He is the Leader of the Pediatric Cancer Foundation’s pediatric phase I consortium, the Sunshine Project. Dr. Reed’s research interests include chemotherapeutic approaches to sarcoma in the pediatric and adolescent and young adult population. He is interested in establishing relevant preclinical sarcoma models, establishing and testing biomarkers for targeted therapies and translating predictive testing and combinations of agents towards personalized medicine in sarcoma and other rare cancers. A graduate of Case Western Reserve University School of Medicine in Cleveland, OH, Dr. Reed served a combined pediatric residency program at Boston Children’s Hospital-Harvard Medical School and Boston Medical Center-Boston University School of Medicine. He completed his fellowship training in pediatric hematology/oncology at St. Jude Children’s Research Hospital. Dr. Reed has received numerous academic awards, including graduating valedictorian from Canfield High School and summa cum laude from the University of Dayton. He received the CWRU Medical Alumni Association Board of Trustees Award for Outstanding Service and Contributions to the School of Medicine and was named to the Alpha Omega Alpha Honor Medical Society. Dr. Reed is a member of several professional associations, including the American Association for Cancer Research, Connective Tissue Oncology Society and American Society of Clinical Oncology.
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Johnathan Whetstine, PhD
Program Leader of the Cancer Epigenetic Program at the Fox Chase Cancer Center.
Dr. Johnathan Whetstine is the Program Leader of the Cancer Epigenetic Program at the Fox Chase Cancer Center. A rising star in the field of epigenetics, Dr. Whetstine has made groundbreaking discoveries that have expanded the field and provided significant implications for understanding tumor heterogeneity and drug response. In recognition of the promise of his research, he holds the prestigious Scholar award from the Leukemia & Lymphoma Society and a National Institutes of Health R01 grant, as well as funding from the American Lung Association, Alex Lemonade Stand Foundation and AstraZeneca. Recently, Dr. Whetstine helped coordinate the Epigenetics Symposium: 15 Years of Lysine Demethylases: From Discovery to the Clinic, which brought together experts in the field of LSD1 research.

Prior to Fox Chase, Dr. Whetstine was at Massachusetts General Hospital Cancer Center and Harvard Medical School in Boston, where he served as vice chair of the Epigenetics Program. He also held appointments as associate geneticist and associate professor in the department of medicine, respectively. He completed his postdoctoral fellowship in epigenetics/pathology in the laboratory of Yang Shi, PhD, at Harvard Medical School, and earned his PhD in pharmacology from Wayne State University in Detroit.
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