Relay Therapeutics will present updated clinical data for RLY-2608 in advanced breast cancer at the San Antonio Symposium.
Quiver AI Summary
Relay Therapeutics, a clinical-stage precision medicine company, announced updated clinical data for its drug RLY-2608, a mutant-selective PI3Kα inhibitor, which will be presented at the upcoming San Antonio Breast Cancer Symposium from December 10-13, 2024. The data will focus on the efficacy of RLY-2608 combined with fulvestrant in patients with PI3Kα-mutated, HR+, HER2- advanced breast cancer. The specific presentation is scheduled for December 11, and Relay Therapeutics will also host a conference call to discuss the findings. RLY-2608 aims to provide a more effective treatment option by leveraging an innovative approach to target PI3Kα mutations, potentially benefiting over 300,000 patients in the U.S. annually.
Potential Positives
- Updated clinical data for RLY-2608 will be presented at a prominent industry symposium, enhancing visibility and credibility.
- RLY-2608 targets a significant patient population, with potential applications for over 300,000 patients per year in the U.S.
- RLY-2608 represents a novel approach as the first allosteric, pan-mutant, and isoform-selective PI3Kα inhibitor, highlighting the company's innovative capabilities in drug discovery.
- The upcoming conference call will provide an opportunity for investors and stakeholders to engage with the data and the company's strategy, potentially boosting investor confidence.
Potential Negatives
- Presentation of updated clinical data may highlight ongoing uncertainties and risks associated with the RLY-2608 program, which could reduce investor confidence.
- The forward-looking statements section outlines numerous risks that could affect clinical development timelines and the efficacy of RLY-2608, suggesting that the company may encounter significant challenges ahead.
- The mention of potential toxicity and the limitations of traditional PI3Kα inhibitors could create skepticism around the safety and market viability of RLY-2608.
FAQ
What clinical trial data will be presented by Relay Therapeutics?
Relay Therapeutics will present updated clinical data for RLY-2608 in patients with PIK3CA-mutated HR+HER2- advanced breast cancer.
When will the poster presentation take place?
The poster presentation is scheduled for December 11, 2024, during the San Antonio Breast Cancer Symposium.
How can I join Relay Therapeutics' conference call?
The conference call can be accessed through Relay Therapeutics' website under Events, starting December 11, 2024, at 7:00 a.m. ET.
What is RLY-2608 and its potential impact?
RLY-2608 is a mutant-selective PI3Kα inhibitor that may benefit over 300,000 patients annually in the US.
Where can I find more information about RLY-2608?
Additional information about RLY-2608 can be found on Relay Therapeutics' website in the publications section.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RLAY Insider Trading Activity
$RLAY insiders have traded $RLAY stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.
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Full Release
CAMBRIDGE, Mass., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Relay Therapeutics, Inc. (Nasdaq: RLAY), a clinical-stage precision medicine company transforming the drug discovery process by combining leading-edge computational and experimental technologies, today announced that updated clinical data for RLY-2608 600mg BID + fulvestrant in patients with PI3Kα-mutated, HR+, HER2- locally advanced or metastatic breast cancer will be presented at the upcoming San Antonio Breast Cancer Symposium, taking place December 10-13, 2024.
Details of the RLY-2608 + fulvestrant poster presentation are as follows:
Abstract Title : PS7-01: Efficacy of RLY-2608, a mutant-selective PI3Kα inhibitor in patients with PIK3CA-mutant HR+HER2- advanced breast cancer: ReDiscover trial
Abstract Number: SESS-2211
Session : Concurrent Poster Spotlight Session 7: Targeting the ER and PI3K pathway: Novel drugs and combinations
Date/Time : Wednesday, December 11, 8:00-9:30 a.m. ET (7:00-8:30 a.m. CT)
Conference Call Information
Relay Therapeutics will host a conference call to discuss these data on Wednesday, December 11, 2024 at 7:00 a.m. ET (6:00 a.m. CT). Registration and dial-in for the conference call and webcast may be accessed through Relay Therapeutics’ website under Events in the News & Events section through the following link: https://ir.relaytx.com/news-events/events-presentations . An archived replay of the webcast will be available following the event.
The poster will be available at the start of the session on the company’s website at https://relaytx.com/publications/ .
About RLY-2608
RLY-2608 is the lead program in Relay Therapeutics’ efforts to discover and develop mutant selective inhibitors of PI3Kα, the most frequently mutated kinase in all cancers, with oncogenic mutations detected in about 14% of patients with solid tumors. RLY-2608 has the potential, if approved, to address more than 300,000 patients per year in the United States, one of the largest patient populations for a precision oncology medicine.
Traditionally, the development of PI3Kα inhibitors has focused on the active, or orthosteric, site. The therapeutic index of orthosteric inhibitors is limited by the lack of clinically meaningful selectivity for mutant versus wild-type (WT) PI3Kα and off-isoform activity. Toxicity related to inhibition of WT PI3Kα and other PI3K isoforms results in sub-optimal inhibition of mutant PI3Kα with reductions in dose intensity and frequent discontinuation. The Dynamo® platform enabled the discovery of RLY-2608, the first known allosteric, pan-mutant, and isoform-selective PI3Kα inhibitor, designed to overcome these limitations. Relay Therapeutics solved the full-length cryo-EM structure of PI3Kα, performed computational long time-scale molecular dynamic simulations to elucidate conformational differences between WT and mutant PI3Kα, and leveraged these insights to support the design of RLY-2608. RLY-2608 is currently being evaluated in a first-in-human trial designed to treat patients with advanced solid tumors with a PIK3CA (PI3Kα) mutation. For more information on RLY-2608, please visit here .
About Relay Therapeutics
Relay Therapeutics is a clinical-stage precision medicine company transforming the drug discovery process by combining leading-edge computational and experimental technologies with the goal of bringing life-changing therapies to patients. As the first of a new breed of biotech created at the intersection of complementary techniques and technologies, Relay Therapeutics aims to push the boundaries of what’s possible in drug discovery. Its Dynamo® platform integrates an array of leading-edge computational and experimental approaches designed to drug protein targets that have previously been intractable or inadequately addressed. Relay Therapeutics’ initial focus is on enhancing small molecule therapeutic discovery in targeted oncology and genetic disease indications. For more information, please visit www.relaytx.com or follow us on Twitter .
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and express statements regarding Relay Therapeutics’ strategy, business plans and focus; the progress and timing of the clinical development of the programs across Relay Therapeutics’ portfolio; the expected therapeutic benefits and potential efficacy and tolerability of RLY-2608, both as a monotherapy and in combination with other agents, and its other programs, including lirafugratinib as well as the clinical data for RLY-2608; the interactions with regulatory authorities and any related approvals; the potential market opportunity for RLY-2608; the cash runway projection and the expectations regarding Relay Therapeutics’ use of capital, expenses and potential cost savings. The words “may,” “might,” “will,” “could,” “would,” “should,” “plan,” “anticipate,” “intend,” “believe,” “expect,” “estimate,” “seek,” “predict,” “future,” “project,” “potential,” “continue,” “target” and similar words or expressions, or the negative thereof, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.
Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, risks associated with: the impact of global economic uncertainty, geopolitical instability and conflicts, or public health epidemics or outbreaks of an infectious disease on countries or regions in which Relay Therapeutics has operations or does business, as well as on the timing and anticipated results of its clinical trials, strategy, future operations and profitability; the delay or pause of any current or planned clinical trials or the development of Relay Therapeutics’ drug candidates; the risk that the preliminary or interim results of its preclinical or clinical trials may not be predictive of future or final results in connection with future clinical trials of its product candidates and that interim and early clinical data may change as more patient data become available and are subject to audit and verification procedures; Relay Therapeutics’ ability to successfully demonstrate the safety and efficacy of its drug candidates; the timing and outcome of its planned interactions with regulatory authorities; and obtaining, maintaining and protecting its intellectual property. These and other risks and uncertainties are described in greater detail in the section entitled “Risk Factors” in Relay Therapeutics’ most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, as well as any subsequent filings with the Securities and Exchange Commission. In addition, any forward-looking statements represent Relay Therapeutics' views only as of today and should not be relied upon as representing its views as of any subsequent date. Relay Therapeutics explicitly disclaims any obligation to update any forward-looking statements. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements.
Contact:
Megan Goulart
617-322-0814
mgoulart@relaytx.com
Media :
Dan Budwick
1AB
973-271-6085
dan@1abmedia.com