CG Oncology, Inc. Common stockCGON
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CG Oncology, Inc. Common stock 12th Annual Cantor Fitzgerald Global Healthcare Conference

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PeriodFY 0Duration31 minParticipants2

Transcript

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Josh SchimmerAnalyst

Welcome, everyone. I am Josh Schimmer from the Cantor Biotech Equity Research Team, and very pleased to kick off our annual healthcare conference with Arthur Kuan, President and Chief Executive Officer of CG Oncology. Arthur, welcome. Thanks for joining. You have a lot going on. Maybe just take a few moments to set the stage and frame where CG Oncology is in the cretostimogene program.

Arthur KuanPresident and CEO

Sure. Thanks, Josh. CG Oncology is developing cretostimogene, which is an oncolytic immunotherapy for the treatment of cancer. Our initial focus is in non-muscle invasive bladder cancer. The landscape is evolving rapidly, but really, I think we have built a body of evidence to suggest that creto can work across all of NMIBC, starting in high-risk BCG unresponsive disease, moving into BCG exposed, potentially BCG naive, as well as in intermediate-risk non-muscle invasive bladder cancer. Just today, happy to share that from the BCG exposed results earlier this year, we are actually planning our third phase III trial, which we can get into as well. This will be in the BCG exposed high-risk setting, comparing cretostimogene plus gemcitabine versus gemcitabine. I am pleased to share that we have had very positive FDA alignment on the trial concept.

Arthur KuanPresident and CEO

The full details of the trial design will be revealed later on once we have our 12-month complete response rate in the creto plus gem data that is going to be available later this year.

Josh SchimmerAnalyst

Is gemcitabine the standard of care in that patient population? If not, how do you make that a control arm?

Arthur KuanPresident and CEO

It's a great question, and one that we asked the FDA directly. It turns out that for patients with BCG-exposed disease, technically, you should give them more BCG, and then they could potentially turn into BCG unresponsive disease. However, in an era of BCG shortage, what we're noticing in the community is many practices are actually just giving single-dose gem. It's based on that feedback that we've gathered from the real world and from sites that we work with. This turns out to be a pathway that is acceptable both from a regulatory perspective as well as from a clinical feasibility perspective. We may potentially also offer up the opportunity, if you go on single-dose gem, to access creto subsequently.

Josh SchimmerAnalyst

The control arm would be a single-dose gemcitabine?

Arthur KuanPresident and CEO

I wouldn't say single dose. I should say monotherapy gemcitabine.

Josh SchimmerAnalyst

Okay. Got it. It sounds like a hybrid between PIVOT and BOND.

Josh SchimmerAnalyst

Yes. Yeah. In terms of the administration of cretostimogene, would it be more similar to BOND or PIVOT?

Josh SchimmerAnalyst

Because they're slightly different Right approaches.

Arthur KuanPresident and CEO

I think when it comes to high-risk disease, we tend to go beyond a year. Which is something that we focus on given the higher risk and stage of that disease. Based on our Cohort CX data, this was combining creto plus gem, we tested it in 2 different schedules. Currently, we're leaning towards the sequential schedule. Simply, the data looks very comparable both in the high 80s, 90s. It really comes down to tolerability and convenience. The sequential therapy seems to be more tolerable compared to the concurrent administration schedule.

Josh SchimmerAnalyst

When you say sequential, what would the regimen be? Is it one then the other, then one then the other? Is it 3 weeks of one, 3 weeks of the other?

Arthur KuanPresident and CEO

Exactly. Basically we tested creto, gem as the sequential regimen. That forms the basis of it. In the induction course, it's actually creto, gem, creto, gem. You basically take out one of the cretos and replace it with gem. On the maintenance, it simply would turn into creto, gem. Instead of 3 creto weekly administrations.

Josh SchimmerAnalyst

Okay. Got it. Why don't we come to PIVOT-006 study? There are certainly a lot of investor questions around that, and in particular, the timing that was first accelerated and then a little delayed, but seemingly for very different reasons. Maybe walk us through what's been going on with the timelines and where we are towards unblinding that data.

Arthur KuanPresident and CEO

Sure. When we designed and launched PIVOT-006 early on, we really didn't have a whole lot of information to go by when it comes down to the control arm and how that control arm might perform. In the literature at the time, there was only the SWOG study that compared a single-dose gem versus saline. That was the information available at the time. Later on, after we started the trial, UroGen's ATLAS trial read out, and there was a control arm component to it that was just TURBT without any therapy. That was roughly around a 50% RFS at the 15-month time point based on the Kaplan-Meier curve. It's with those two information, as well as our own experience enrolling patients in this study. We enrolled across the U.S. in 90 centers.

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