Black Diamond Therapeutics, Inc. Common StockBDTX
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Black Diamond Therapeutics, Inc. Common Stock H.C. Wainwright 28th Annual Global Investment Conference

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Operator

Anytime when you're ready. Oh, perfect.

Robert BurnsManaging Director and Senior Biotech Analyst

Okay. Welcome to our next Fireside Chat.

Robert BurnsManaging Director and Senior Biotech Analyst

I'm Robert Burns, managing director and senior biotech analyst at H.C. Wainwright. I'm joined today by Elizabeth Buck, the CSO of Black Diamond Therapeutics. Liz, thank you for joining us today.

Liz BuckChief Scientific Officer

Thank you for having me.

Robert BurnsManaging Director and Senior Biotech Analyst

For those who might not be familiar with Black Diamond, can you provide a brief overview of the company and its pipeline?

Liz BuckChief Scientific Officer

Yeah. We're a company focused on precision medicine in oncology. Specifically, we are developing silevertinib, a best-in-class EGFR inhibitor, a CNS-penetrant EGFR inhibitor, positioned against a broad spectrum of oncogenic EGFR mutations. Our development is focused on both non-small cell lung cancer as well as in glioblastoma. Our most recent data release was at ASCO Conference this year, where we described our frontline data for silevertinib in patients with EGFR mutated non-small cell lung cancer, those patients presenting with what we'll describe as non-classical oncogenic driver mutations. With that positive data in hand, we are now going to the FDA for discussions on pivotal development strategy. Also in development in the setting of glioblastoma, where we initiated a phase II trial in newly diagnosed EGFR mutated patients, just this past spring.

Robert BurnsManaging Director and Senior Biotech Analyst

Yeah. When we think about the EGFR mutational landscape, obviously it sort of goes into three buckets, right? You got the classical, the exon 19, exon 21, but then you got the exon 20 insertion mutations, and then this other bucket of atypical.

Robert BurnsManaging Director and Senior Biotech Analyst

Yeah PACC sort of looped in there.

Robert BurnsManaging Director and Senior Biotech Analyst

Maybe provide some color for investors because obviously, the different mutational profiles here, different treatment approaches for each of those mutational profiles.

Robert BurnsManaging Director and Senior Biotech Analyst

It can get quite complex for an investor who's not really in the weeds with the science. Maybe talk to us a little bit about the epidemiology of these atypical mutations and how are they typically treated?

Liz BuckChief Scientific Officer

Yeah. First and foremost, in non-small cell lung cancer, there's a group of mutations which we call non-classical oncogenic driver mutations. These mutations comprise roughly a quarter of all patients newly diagnosed with EGFR mutated non-small cell lung cancer. Now included in this bucket are groups of mutations that are sometimes in the literature referred to as atypical mutations, uncommon mutations. About half of those mutations fall into a category which is termed PACC mutations.

Liz BuckChief Scientific Officer

PACC is just a subset of the full spectrum of Yeah non-classical mutations.

Liz BuckChief Scientific Officer

There are many additional mutations in conjunction with PACC mutations. When we consider silevertinib is active against both the classical EGFR mutations, L858R or an exon 19 deletion, in addition to this quarter of that space, which is non-classical oncogenic driver mutations. In clinical study, we have demonstrated confirmed radiographical responses in 29 unique types of those mutations.

Liz BuckChief Scientific Officer

Yeah. The broadest spectrum that is really reported among EGFR inhibitors.

Liz BuckChief Scientific Officer

The other aspect, when we consider for these mutations and what is standard of care for this patient population, I think it is important to note that these patients with non-classical oncogenic driver mutations are especially prone to brain metastases.

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