Quentis Nets $48M For Cancer Drugs, Building Buzz For NY Bio Startups

a method cells use to sense and cope with stressful environments.

When a cell is stressed, it switches on an internal program to survive. This program is called the “endoplasmic reticulum (ER) stress response,” and it can help a cell deal with a variety of problems. If a bunch of misfolded proteins abnormally build up within a cell, the ER stress response kicks in and clears up the mess. In cancer, however, this cellular machinery gets hijacked, allowing tumors to grow, survive, and resist attacks from the immune system. Quentis’s approach is to find drugs that counteract this stress response in cancer, making tumors more vulnerable to attack.

Researchers and companies over many years have tried to do the same: block a molecular stress sensor that’s involved to the ER stress response called inositol requiring enzyme 1 (IRE1a). So far, no drugs have come from it. Amgen looked into it a few years ago, but a team of its scientists wrote in this 2014 paper that IRE1a activity “is not essential for viability” in most tumors, and that interfering with the cell’s response to the buildup of misfolded proteins “may not be an effective strategy” to stop the formation of tumors. Other efforts previously disclosed by Mannkind Corp. and Ruga Corp. (now known as Aravive Biologics) are no longer mentioned in either company’s pipeline.

Glimcher and Aberman say there are a few key reasons why some of the earlier efforts fizzled. One is that those compounds weren’t “potent or selective” enough to be effective and safe in humans. Another, they say, is that previous efforts only studied whether these drugs would kill cancer cells. It turns out blocking IRE1a has another possible benefit that hadn’t been measured, they say: weakening a tumor’s defense against the immune system, making the approach potentially useful for cancer immunotherapy. Previous efforts were “pre-immunotherapy thinking,” Aberman says.

The foundation for Quentis’ technology is based on a 2015 paper published in the journal Cell by Weill Cornell scientists, including Quentis’s three founders. They showed that inhibiting IRE1a in animals provoked an immune response against ovarian cancer—a type of cancer that immunotherapy has yet to crack. Glimcher says her company has developed “a series of highly potent [IRE1a-blocking] molecules that are much more selective” than previous attempts.

Quentis now plans to get in on the ultra-competitive mix-and-match game of combination cancer immunotherapy. Despite all the progress made using drugs to stimulate an immune attack against cancer, immunotherapy’s reach remains limited to a fraction of patients with certain types of tumors. There are more than 1,000 trials underway testing immunotherapy drugs in combination with chemotherapy, other immunotherapies and more, in the hopes of expanding the benefit of immunotherapy to more patients.

Quentis isn’t disclosing its clinical plan as of yet, though Aberman says there are a variety of cancers—ovarian, triple-negative breast, pancreatic, and brain—where unusually high IRE1a activity is linked to to poor outcomes. The hope is to start clinical tests in 2019, at which point Quentis will try to prove it can stand out in a fast-moving, highly competitive field.

Versant, Polaris Partners, and its affiliated LS Polaris Innovation Fund led the financing. AbbVie Ventures, Alexandria Venture Investments, Taiho Pharmaceutical, Yonghua Capital, and New York Ventures, the investment arm of Empire State Development, also participated.

Author: Ben Fidler

Ben is former Xconomy Deputy Editor, Biotechnology. He is a seasoned business journalist that comes to Xconomy after a nine-year stint at The Deal, where he covered corporate transactions in industries ranging from biotech to auto parts and gaming. Most recently, Ben was The Deal’s senior healthcare writer, focusing on acquisitions, venture financings, IPOs, partnerships and industry trends in the pharmaceutical, biotech, diagnostics and med tech spaces. Ben wrote features on creative biotech financing models, analyses of middle market and large cap buyouts, spin-offs and restructurings, and enterprise pieces on legal issues such as pay-for-delay agreements and the Affordable Care Act. Before switching to the healthcare beat, Ben was The Deal's senior bankruptcy reporter, covering the restructurings of the Texas Rangers, Phoenix Coyotes, GM, Delphi, Trump Entertainment Resorts and Blockbuster, among others. Ben has a bachelor’s degree in English from Binghamton University.