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PESG Releases Report on Silexion Therapeutics: Pioneering RNAi Technology in the Fight Against KRAS-Driven Cancers

Report covers Silexion Therapeutics (NASDAQ: SLXN), a disruptive player in the precision oncology space, developing innovative RNAi therapies targeting KRAS-driven cancers, highlighting the company’s impressive clinical achievements and unique approach alongside industry drivers including the increasing M&A activity in the space

Silexion Therapeutics (NASDAQ: SLXN) has emerged an intriguing yet under the radar player in the precision oncology space, focusing on developing innovative RNA interference (RNAi) therapies for KRAS-driven cancers. As a recently de-SPACed company following its merger with Moringa Acquisition Corp (NASDAQ: MACA), Silexion presents an interesting opportunity in the rapidly growing field of targeted cancer treatments, particularly in addressing the challenges of pancreatic and potentially other KRAS-driven cancers.

Technology Deep Dive: LODER™ and SIL-204

At the core of Silexion's approach is its proprietary LODER™ (Local Drug EluteR) platform, which has demonstrated encouraging results in Phase 2 clinical trials for locally advanced pancreatic cancer. The company's technology stands out due to two key pharmacological functions: oncogene silencing and localized delivery. Silexion's siRNA actively prevents cells from producing oncogenic proteins, contrasting with small molecule KRAS inhibitors that target already-oncogenic proteins. Additionally, the LODER™ system bypasses the tumor barrier, allowing for higher concentrations of treatment directly within the tumor, enhancing efficacy while reducing systemic side effects.

Silexion's second-generation improved product, SIL-204, is an optimized siRNA formulation expected to enter Phase 2/3 clinical trials in 2025-2026. SIL-204 represents a significant advancement in RNAi technology, with the potential to target a broader range of KRAS mutations (pan KRAS G12x). This is particularly important as it addresses a wider spectrum of KRAS-driven cancers compared to current small molecule KRAS inhibitors, which are limited to targeting KRAS G12C (found in only 1-2% of pancreatic cancer cases).

The Context: The Challenges in Treating Pancreatic Cancer

Pancreatic cancer remains one of the most challenging malignancies to treat, with a dismal five-year survival rate of just 12.8%. Several factors contribute to the difficulty in treating this aggressive cancer. Late detection is a major issue, as pancreatic cancer is often diagnosed at advanced stages due to a lack of early symptoms and effective screening methods. The aggressive nature of pancreatic tumors, characterized by rapid growth and early metastasis, further complicates treatment efforts.

The dense tumor microenvironment of pancreatic cancer creates a significant barrier to drug penetration, reducing the effectiveness of traditional chemotherapies. Additionally, the genetic complexity of pancreatic cancer, with KRAS mutations present in over 90% of cases, has proven difficult to target effectively with conventional therapies. Compounding these challenges is the tendency of pancreatic cancer cells to develop resistance to standard chemotherapies, leading to poor long-term outcomes.

Silexion's LODER™ and SIL-204 technologies are designed to address these challenges directly. By silencing KRAS mutations at the genetic level and delivering treatment locally, Silexion's approach has the potential to overcome the barriers that have historically limited the effectiveness of pancreatic cancer treatments.

Clinical Progress and Future Potential

Silexion's LODER™ technology has already shown promising results in Phase 2 clinical trials for locally advanced pancreatic cancer. Key findings include a 9.3-month improvement in overall survival when LODER™ was combined with standard chemotherapy, compared to chemotherapy alone in patients with non-resectable pancreatic cancer harboring KRAS G12D/V mutations. The study also revealed an increased objective response rate (ORR) of 55% with LODER™ plus chemotherapy, compared to 20% for standard chemotherapy alone. Notably, the ORR increased to 64% when considering tumors that were initially non-resectable becoming resectable.

These results are particularly encouraging given the historically poor outcomes in pancreatic cancer treatment. As SIL-204 moves into Phase 2/3 trials, there is potential for even greater efficacy due to its optimized formulation and broader targeting of KRAS mutation.

Expanding Beyond Pancreatic Cancer: Treating Other KRAS-Driven Cancers

While Silexion's initial focus has been on pancreatic cancer, the company's innovative RNAi technology and LODER™ platform have significant potential for application in other KRAS-driven cancers. This broader applicability could substantially expand Silexion's market opportunity and impact in the field of precision oncology.

The company's pipeline includes plans to target additional types of pancreatic cancer as well as other cancers driven by KRAS mutations. One notable area of potential expansion is colorectal cancer, which is often associated with KRAS mutations and represents a significant unmet medical need.

The ability of Silexion's technology to target a broader range of KRAS mutations (pan KRAS G12x) compared to current small molecule inhibitors positions the company favorably for addressing multiple cancer types. This versatility could prove particularly valuable as KRAS mutations are found in various cancers beyond pancreatic, including lung and colorectal cancers.

Moreover, the localized delivery system of the LODER™ platform could potentially be adapted for use in other solid tumors, offering a unique advantage in treating cancers that are challenging to target with systemic therapies. This adaptability could open up new avenues for Silexion in treating a wider array of difficult-to-treat cancers.

As Silexion advances its clinical trials and potentially expands into these additional indications, it could significantly broaden its addressable market. This expansion potential not only enhances the company's value proposition but also aligns with the growing trend in precision medicine towards developing versatile platforms that can address multiple cancer types driven by similar genetic mutations.

Market Potential: Big Pharma's Growing Appetite for Precision Oncology

The precision medicine market, particularly in oncology, is experiencing explosive growth, with major pharmaceutical companies like Pfizer aggressively seeking innovative assets to bolster their pipelines. This trend is driven by the projected expansion of the global precision medicine market from $102.17 billion in 2024 to a staggering $470.53 billion by 2034, growing at a CAGR of 16.5%.

Within this broader market, KRAS-driven cancers represent a substantial unmet need, with the market for KRAS inhibitors expected to grow at an impressive 36% CAGR, reaching $10 billion by 2032. This rapid growth has sparked a flurry of M&A activity in the precision oncology space, as exemplified by several high-profile acquisitions. For example, Pfizer's landmark $43 billion acquisition of Seagen in 2023, which doubled Pfizer's oncology pipeline and highlighted the growing importance of antibody-drug conjugates (ADCs) and precision oncology treatments. Similarly, AbbVie's $10.1 billion purchase of Immunogen, following the FDA approval of Elahere, a targeted therapy for ovarian cancer, demonstrating the high value placed on innovative, precision-targeted treatments.

These deals underscore the willingness of big pharma to invest heavily in cutting-edge oncology assets, particularly those addressing difficult-to-treat cancers with novel approaches. Silexion's focus on RNAi technology for KRAS-driven cancers, especially its innovative approach to pancreatic cancer treatment, positions it as a potentially attractive acquisition target in this landscape.

The company's technologies, which have shown initial promising results in clinical trials, seem to align well with the industry trend towards more targeted and personalized cancer therapies. As large pharmaceutical companies continue to seek differentiated assets to fill gaps in their oncology portfolios, Silexion's unique technology and focus on high-unmet-need cancers could make it a valuable addition to a larger company's pipeline.

Moreover, with major pharmaceutical companies collectively holding over $170 billion in cash reserves, according to recent reports, the M&A environment seems highly favourable for innovative companies like Silexion. This trend, combined with Silexion's potential to address the challenges of pancreatic cancer - a disease with a dismal five-year survival rate of just 12.8% - positions the company at the intersection of high market demand and critical unmet medical need.

Looking Ahead

Silexion Therapeutics represents a unique approach in the fight against KRAS-driven cancers, particularly pancreatic cancer. Its innovative RNAi technology, delivered via the LODER™ platform and the promising SIL-204, seems to address many of the challenges that have historically limited progress in treating these aggressive cancers. As the company advances its clinical trials and potentially potential eyes other KRAS-driven cancers, it stands at the forefront of a new era in precision oncology.

While the road ahead in drug development is always challenging, Silexion's progress to date and the potential of its technology make it a company to watch in the evolving landscape of cancer treatment. As with any early-stage biotech company, potential stakeholders should conduct thorough due diligence, considering both the promising technology and market opportunity alongside the inherent risks in drug development.

PESG Research is a digital research and coverage brand, offering commentary and exploration into the current and future state of the Pharma, BioTech and Sustainability and other industries.

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This report is for informational purposes only and is not intended to serve as medical financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the text is subject to. PESG Research is a digital brand that has been compensated to publish and syndicate commentary and exploration into innovative companies and industries and it is subject to conflicts of interest as detailed in the full documentation. [https://justpaste.it/ab9dn/pdf]

www.pesgresearch.com

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