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            E-602 is a first-in-class glyco-immune checkpoint inhibitor developed by Palleon from the EAGLE (Enzyme Antibody Glyco-Ligand Editing) oncology platform and is being developed in combination with Libtayo (cemiplimab) in patients with advanced cancers.

            Lead Product(s): E-602,Cemiplimab

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: Phase I/ Phase II Product Type: Large molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable June 22, 2023

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            E-602 is a first-in-class, glyco-immune checkpoint inhibitor which restores antitumor immunity by enzymatically degrading immunosuppressive sialoglycans on hypersialylated tumors and immune cells. It is being investegated for lung cancer and melanoma.

            Lead Product(s): E-602,Cemiplimab

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: Phase I/ Phase II Product Type: Large molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable April 18, 2023

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            E-602 Bi-Sialidase is a first-in-class, glyco-immune checkpoint inhibitor which restores anti-tumor immunity by enzymatically degrading immunosuppressive sialoglycans in hypersialylated tumors and immune cells.

            Lead Product(s): E-602,Pembrolizumab

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: Phase I/ Phase II Product Type: Large molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable October 11, 2022

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            Under the terms of the agreement, Palleon will perform research for E-602 and the parties will then share preclinical and global clinical development responsibilities and costs for the Bifunctional HER2-Sialidase and a second bifunctional sialidase.

            Lead Product(s): Bifunctional HER2-Sialidase,Pembrolizumab

            Therapeutic Area: Oncology Product Name: Undisclosed

            Highest Development Status: Phase I/ Phase II Product Type: Large molecule

            Partner/Sponsor/Collaborator: Shanghai Henlius Biotech

            Deal Size: $196.5 million Upfront Cash: Undisclosed

            Deal Type: Collaboration June 28, 2022

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            Data presented from non-human primate studies of E-602 (formerly Bi-sialidase) indicate that E-602 exhibits sustained, dose-dependent pharmacodynamic effects on desialylation of immune cells and a wide safety margin.

            Lead Product(s): E-602,Pembrolizumab

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: Phase I/ Phase II Product Type: Large molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable April 08, 2022

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            E-602, is a first-in-class engineered human genetic fusion from Palleon’s EAGLE platform, enables creation of novel biological therapeutics by genetic fusion of human sialidase with human monoclonal antibodies.

            Lead Product(s): Bi-Sialidase,Pembrolizumab

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: IND Enabling Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable March 09, 2022

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            GLIMMER-01 study will evaluate safety, pharmacodynamic effects, and antitumor activity of Palleon’s first-in-class immunotherapy, E-602 comrising two engineered human sialidase molecules fused to a human monoclonal antibody used in patients with advanced cancer.

            Lead Product(s): E-602,Pembrolizumab

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: Phase I/ Phase II Product Type: Large molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable March 08, 2022

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            Palleon utilized various assays to study the effect of E-602 on naïve, exhausted, and effector T cells. These studies found that desialylation by E-602 enhanced naïve T cell priming/activation, restored exhausted-like T cell functions, and enhanced effector T cell function.

            Lead Product(s): Bi-Sialidase

            Therapeutic Area: Oncology Product Name: E-602

            Highest Development Status: IND Enabling Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable November 09, 2021

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            Details:

            The Series B funding will be used to advance Palleon’s pipeline of drug candidates to human clinical trials, including its lead program Sialidase-Fc.

            Lead Product(s): Sialidase-Fc

            Therapeutic Area: Oncology Product Name: Undisclosed

            Highest Development Status: Preclinical Product Type: Large molecule

            Partner/Sponsor/Collaborator: Matrix Capital Management

            Deal Size: $100.0 million Upfront Cash: Undisclosed

            Deal Type: Series B Financing September 17, 2020

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