Valorization
Oncode Institute embraces an overarching valorization strategy to accelerate translation of new insights in cancer biology into tangible applications for patients, society, and the broader oncology community. This innovative approach is based on integration of state-of-the-art science and proactive valorization. Results from basic research are actively mined for potential breakthroughs in cancer diagnosis and therapy. A dedicated team of experts and a unique valorization toolbox help pave the way for those inventions to ultimately reach clinical implementation.
Key to Oncode Institute’s valorization strategy are the partnerships with its partner institutes, formalized through affiliation agreements that grant Oncode Institute the exclusive right to manage and commercialize the intellectual property rights developed by Oncode Investigators and their teams. This effectively means that over 700 Oncode Researchers work together to execute a single strategy focused on beating cancer, with proactive support to bring their inventions to patients and society. Activities related to Oncode Institute’s valorization strategy are executed by the Valorization Team – an international team comprising six business developers, an in-house patent attorney, an IP analyst, a fund manager, a valorization coordinator, and a data entry operator. The team has access to dedicated funds for intellectual property protection, technology development, clinical proof-of-concept studies, and a seed fund for company creation.
Oncode Institute key valorization achievements in 2023
174
research-related agreements
3
Technology Development projects started and 15 projects ongoing
27
new invention disclosures
1
Clinical Proof of Concept proposal approved
10
license/option agreements
1
early Health Technology Assessment finalized
Validation of new discoveries
Each Business Developer manages a group of Oncode Investigators and is the first point of contact for investigators and their associated research group. This enables proactive early identification of potential inventions from research discoveries and timely activation of suitable valorization channels. In addition to timely identification of potential inventions, appropriate...
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Partnering to create impact
Collaboration, from fundamental research and discovery all the way to clinical development and implementation, is fundamental to Oncode Institute’s strategy. At all stages of innovation, finding the right partners – academic, clinical or commercial – is essential to efficiently translate...
Read more...
Achieving clinical proof-of-concept
Oncode Institute aims to connect fundamental and clinical research and drive efficient translation of promising research findings into novel treatment strategies and diagnostic methods. The Clinical Proof-of-Concept (CPoC) fund was established established to support (pre-)clinical investigation of promising...
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Driving innovation through company creation
The Oncode Oncology Bridge Fund (OBF), managed by Oncode B.V., is an investment fund of €7.2M that provides pre-seed capital to commercially viable enterprises originating from within the Oncode research community to support translation of their research ideas into attractive investment opportunities.
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Affordable and Sustainable Health Care
Oncode Institute is dedicated to contributing to the affordability and sustainability of cancer care solutions. It does so by leveraging its expertise and position in the valorization value chain and striving to implement all feasible measures that are within its capabilities to promote affordable and sustainable healthcare. This includes providing education and creating awareness, managing dedicated funds and programs aimed at supporting research that focuses on reducing...
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#Valorization
Validation of new discoveries
Each Business Developer manages a group of Oncode Investigators and is the first point of contact for investigators and their associated research group. This enables proactive early identification of potential inventions from research discoveries and timely activation of suitable valorization channels. In addition to timely identification of potential inventions, appropriate intellectual property (IP) protection as well as technical validation are essential for effective valorization in early technology development.
- The Oncode Intellectual Property (IP) Fund supports protection of IP generated by Oncode Researchers, through the filing of patent applications and prosecution and maintenance of the IP portfolio. This forms the basis for industry collaborations, licensing, and company creation. To ensure high quality patent applications and IP maintenance, the Valorization Team includes a European Patent attorney and an IP analyst.
- The Oncode Technology Development (TechDev) Fund aims to advance the development stage of Oncode Investigators’ inventions and reduce the risks during further development, thereby increasing the chance of partnering and industry uptake for further development toward clinical and/or market access. Supported activities include, for example, target validation, technical validation (e.g. on clinical samples), limited compound screening, initiation of medicinal chemistry, basic toxicological studies, regulatory advice, and early Health Technology Assessments.
Wouter de Laat (Hubrecht Institute)
“Oncode greatly helps us accelerate valorization. Frequent contact with Emil Pot, Oncode BD, enabled filing two patent applications (…). With experienced biotech entrepreneurs we are currently investigating possibilities to start a biotech venture.“
Susanne Lens (UMC Utrecht)
“The monthly meetings with business developer Yuva Oz have been extremely valuable as it really helps to look at the projects in a different way and to focus on what is needed to make the next step towards valorization.”
In 2023, Oncode Investigators submitted 27 new Invention Disclosures. This brought the total invention portfolio to 229 disclosures, of which 115 were in active development at year end. With 59 patent applications filed in 2023, of which 15 were priority applications, by year end the active IP portfolio comprised 58 active patent families of which 3 granted patents, with 28% of the active patent portfolio either licensed or optioned. In total, €477k TechDev funding was allocated to 3 new Technology Development projects. During the year, 12 projects were successfully completed and 1 terminated, leaving 15 projects active at year end.
Sturgeon: AI technology helps to identify brain tumor type during surgery
An illustrative example of the added value of the Technology Development Fund in accelerating the translation of a research discovery into a tangible application is that of Sturgeon – a ‘deep-learning algorithm capable of reading DNA sequences in real time based on an idea that originated in 2022 and was validated in a clinical setting in 2023.
In adults and children diagnosed with a tumor of the central nervous system (CNS; located in the brain or spine), surgery is usually the first treatment step. However, such surgery comes with a major challenge. Over 80 different CNS tumor subtypes exist, requiring different surgical strategies for optimal treatment outcome, varying from a very conservative approach to very aggressive tumor resection with increased risk of severe side effects. However, at the time of surgery the specific tumor type and its degree of aggressiveness are not known. Precise tumor characterization is eventually established using visual and molecular analysis of tumor tissue obtained during surgery and is not available until a week or more after treatment. There is therefore a high risk that the initial surgery was either more radical than needed, or it had been too conservative, requiring additional surgery.
To address this medical need, Oncode Investigator Jeroen de Ridder at the UMC Utrecht developed the ‘Sturgeon’ technology using his group’s Oncode Institute Base Funds. Sturgeon is a new ‘deep-learning algorithm’, a form of artificial intelligence. It operates on Nanopore sequencing data and allows the reading of DNA sequences in real time, thereby drastically reducing the time required for tumor characterization. As a result, tumor characterization becomes possible during the timeframe of the surgical procedure and results can be used by the surgeon to adapt surgical strategy immediately.
The Technology Development project ‘Sturgeon, cancer classification from sparse methylation data’ performed technical validation of the technology using patient samples to ensure accurate tumor characterization. For this, de Ridder joined forces with Bas Tops, head of the biobank at the Princess Máxima Center. Following successful validation and completion of the project, prospective validation was performed in continued collaboration with the Princess Máxima Center for pediatric CNS tumors and with Amsterdam UMC for adult CNS tumors. At both centers, the entire Sturgeon procedure was performed during actual surgeries: from obtaining tissue in the operating room to determining the tumor subtype in the laboratory taking only 60 to 90 minutes in total. As such, Sturgeon makes it possible to significantly speed up the identification of specific tumor subtypes, to guide a surgeon’s decision making process for tumor resection even during surgery. As a result, both unnecessarily aggressive resection, as well as too conservative initial surgery that requires additional surgery, can be avoided. Provided further clinical validation proves successful, this new technology has the potential to increase quality-of-life for patients with brain tumors. In addition, it could contribute to reduced healthcare costs by avoiding repeat surgery.
Read more about translation of science into practice in the interview with Jeroen de Ridder in section 2.3.6 below.
#Valorization
Partnering to create impact
Collaboration, from fundamental research and discovery all the way to clinical development and implementation, is fundamental to Oncode Institute’s strategy. At all stages of innovation, finding the right partners – academic, clinical or commercial – is essential to efficiently translate research findings to tangible, validated products. Establishing partnerships and out-licensing technologies for further development is crucial to connect to the essential expertise, infrastructure, and financial means to enable development and translation of therapeutics or diagnostics all the way to the clinic.
In 2023, Oncode Institute’s Business Developers executed 174 research-related agreements, of which 127 involved an industry party. Agreements with industry represent a total contract value of €12,7M, which includes €4,2M in cash and €2,5M in-kind contributions from industry parties. In 2023, 20 new public-private collaborative research projects were started, including 8 projects funded under the Match Call for public-private collaborations of the Topconsortia voor Kennis en Innovatie of the topsector Life Sciences and Health (TKI-LSH). The strategic alliance with Cancer Research Horizons progressed with promising results, and Oncode Institute explored routes to further expand the alliance with Cancer Research Horizons as well as to establish new strategic partnerships with international key players in the oncology innovation space. In 2023, 10 license/option agreements were executed, resulting in 28% of the active patent portfolio being licensed or optioned.
Novel research technologies to drive development of innovative tools for diagnosis
Oncode Investigator Wouter de Laat at the Hubrecht Institute investigates the organization of chromosomes – the structures in our cells that carry our genetic material. These changes, called chromosomal rearrangements, can lead to the development of diseases such as cancer, and may thus have high clinical relevance.
The Hubrecht Institute spin-off Cergentis was established in 2012, based on the Targeted Locus Amplification (TLA) technology platform developed in the de Laat laboratory. Cergentis, now a Solvias Company, provides services for drug characterization and quality control to support pharmaceutical companies with drug development. De Laat and Cergentis established a collaboration and have heavily invested in this public-private partnership over the years, including multiple projects under the TKI-LSH Match program. As part of their ongoing collaboration, together with lymphoma experts at 5 different Dutch hospitals, de Laat and Cergentis developed the PLIER technology that enables automated detection of certain changes in an individual’s genetic material. PLIER, short for Proximity-Ligation based IdEntification of Rearrangements, can be applied towards improved detection of clinically relevant chromosomal rearrangements in tumors. In 2023, Cergentis secured a license to the PLIER technology towards further product development and commercialization.
#Valorization
Achieving clinical proof-of-concept
Oncode Institute aims to connect fundamental and clinical research and drive efficient translation of promising research findings into novel treatment strategies and diagnostic methods. The Clinical Proof-of-Concept (CPoC) fund was established to support (pre-)clinical investigation of promising innovations derived from fundamental oncology research, in close collaboration with a clinical expert. The teams receive support from the Oncode Exploratory Development Expert Support (OEDES) team of external experts, with the aim to establish a research proposal and clinical protocol with optimal design to ensure effective future development towards clinical implementation. CPoC project proposals are reviewed by Oncode Institute’s Clinical Advisory Board (CAB), advising Oncode institute’s Management Board on decision for approval.
In 2023, one project application was approved and one that was conditionally approved in 2021 was cancelled because conditions for formally approved allocation of funds could not be met. In 2023, one previously approved application had completed all preparatory requirements to formally start project activities, and no projects were completed, resulting in 8 active CPoC projects at the year end.
Towards better treatment of vulvar squamous cell carcinoma
Vulvar cancer is a malignancy that accounts for 10% of all gynecological cancers, with incidence rising among younger women. Treatment generally consists of surgery, including radical resection of the primary vulvar tumor, removal of lymph nodes, and sometimes also (chemo)radiotherapy. This current standard treatment is associated with severe and long-lasting impact on quality of life. Less radical treatment strategies are therefore urgently needed.
Research from the lab of Oncode Investigator Sjoerd van der Burg at LUMC and Gynecologic Oncologist Mariette van Poelgeest (LUMC), performed by Dr. Kim Kortekaas, suggests an important role for the immune system in a large group of vulvar cancer patients. The findings indicate that treatment with an immune checkpoint inhibitor – a PD-1 blocking antibody – may lead to reduced tumor load, consequently requiring less invasive surgery. Furthermore, this treatment could potentially also lead to reduced recurrence of disease or metastasis. The team led by van der Burg and Poelgeest was granted CPoC funding to further investigate the treatment in a first-in-human clinical trial. In this project titled ‘Mechanism of response and resistance to neoadjuvant PD-1 checkpoint blockade in vulvar squamous cell carcinoma’ they collaborate with Dr. Lena van Doorn (Erasmus MC) and Prof. Dr. Hans Nijman (UMCG). This study exemplifies how CPoC funding enables accelerated translation of a research discovery published in 2020 into clinical application. Clinical trials started in 2023, including the first patient. The research holds great promise for a patient group that is in dire need of new and less invasive treatment options.
#Valorization
Driving innovation through company creation
The Oncode Oncology Bridge Fund (OBF), managed by Oncode B.V., is an investment fund of €7.2M that provides pre-seed capital to commercially viable enterprises originating from within the Oncode research community to support translation of their research ideas into attractive investment opportunities. This includes new therapeutic interventions, diagnostic screening tools and services, biomarkers, and research tools or services that will benefit either cancer patients or cancer research in general. The OBF primarily helps prepare new enterprises for follow-on investment from venture capital firms. The fund is managed by Fund Managers Shobhit Dhawan and Chris De Jonghe, who is also Valorization Director of Oncode Institute.
In 2023, the OBF portfolio grew with the addition of 1 company – 51X Therapeutics – in preparation for being operationalized in 2024. OBF has invested in 7 companies to date, and with 1 successful exit (2022) its active portfolio consisted of six companies at year end 2023. With an invested capital total of €454k in 2023, the total invested capital at the close of 2023 was €2,3M. The current fund is expected to run until 2025, and with a well-filled pipeline, new investments to complete the portfolio of the fund are expected in the coming years.
Advanced cell therapy products for improved cancer treatment
The Oncode Institute and Netherlands Cancer Institute (NKI) spin-off Cell Control, which was established in 2022, aims to develop engineered cell therapy products for hard-to-treat solid and liquid oncological malignancies. The company is based on research findings from the lab of Oncode Investigator Ton Schumacher at NKI and is led by CEO Ali Can Sahillioğlu, a former PhD student in the Schumacher laboratory.
Back in 2022, Cell Control started a public-private collaboration with the Haanen laboratory (NKI), supported by the TKI-LSH Match call. The initial project aimed to demonstrate proof-of-concept for remote control of T cell therapy-induced cancer inflammation. Based on the results of this collaborative project and findings from a previously granted Oncode Technology Development funded project, Cell Control was able to successfully demonstrate in vivo proof-of-concept of their platform technology, which triggered interest from Venture Capital as well as biopharma companies active in the domain. Going forward, this should allow Cell Control to raise additional funding to develop a product pipeline that addresses concrete unmet medical needs for well-defined patient populations.
#Valorization
Affordable and Sustainable Health Care
Oncode Institute is dedicated to contributing to the affordability and sustainability of cancer care solutions. It does so by leveraging its expertise and position in the valorization value chain and striving to implement all feasible measures that are within its capabilities to promote affordable and sustainable healthcare. This includes providing education and creating awareness, managing dedicated funds and programs aimed at supporting research that focuses on reducing healthcare costs, initiating Health Technology Assessments, and applying socially responsible licensing guidelines.
Drug Repurposing program
Drug repurposing provides an effective approach to rapidly identifying novel indications for known drugs and compounds. To support researchers in bringing novel therapeutic applications to patients at affordable cost, Oncode Institute acquired a next-generation Drug Repurposing Library in 2019 containing ~6,000 candidate drugs in various stages of clinical development (abandoned, off-patent, launched, etc.). Access to the library is provided through the Drug Repurposing program, upon approval of applications by the Drug Repurposing Committee. It is open free-of-charge to both Oncode-affiliated and non-Oncode affiliated researchers across the broader Dutch scientific community. Oncode Institute continues to collaborate with researchers at LUMC and the Netherlands Cancer Institute for expert advice and access to screening facilities. However, starting in 2023, costs for screening are no longer covered by Oncode Institute.
In 2023, 4 applications for the Drug Repurposing Library were approved: 2 from Oncode Investigators and 2 from investigators not affiliated with Oncode Institute.
Sylvie Noordermeer (LUMC)
“With the help of Oncode’s Drug Repurposing program, we identified a novel lead compound that inhibits EXO1, both in vitro and in vivo. Together with our Oncode Business Developer, we are now actively exploring a commercial partnership to further develop this compound for therapeutic use.”
Contributing to affordable and sustainable health care through clinical programs
Oncode Institute is committed to allocating at least 20% of its Clinical Proof-of-Concept (CPoC) funding to clinical activities specifically focused on drug repurposing. In addition to funds and efforts allocated to drug repurposing, the program welcomes diagnostic applications for patient stratification purposes. The CPoC terms and conditions include the mandatory use of biomarkers for patient stratification or drug response monitoring where these are available. These measures are aimed at improving treatment selection and reducing both under- and over-treatment, thereby reducing the burden for healthcare systems and patients by reducing costs and unnecessary side effects. In 2023, 1 CPoC project that aims to validate a new treatment strategy and does not fall within the scope of drug repurposing was earmarked for funding. To date, €8,6M funding has been allocated under Oncode Institute’s clinical program. With 21% (€1,8M) allocated to 3 projects with a drug repurposing objective, and 22% (€1,9M) allocated to 5 projects aimed at advancing technologies for better patient stratification, the CPoC program greatly contributes to innovation towards more affordable and sustainable health care.
Socially Responsible Licensing of Oncode innovations
The Socially Responsible Licensing (SRL) guidelines and toolkit offer Dutch knowledge institutions a common basis for discussions with potential licensees regarding accessibility of the institution’s intellectual property. The SRL-toolkit pays explicit attention to societal objectives, such as the effective availability of products and services. Oncode Institute is committed to its obligation to apply its best efforts to incorporate the NFU SRL principles in all license agreements it negotiates.
In 2023, 10 inventions were licensed or optioned. This includes 7 license agreements, involving 4 technologies aimed at therapeutic or diagnostic application, and 3 research tools. For the therapeutic/diagnostic applications, the SRL principles were incorporated in 3 license agreements. The fourth agreement reflects an amendment to a collaborative research agreement, in which a license of rights was included. Of the licenses for research tools, 1 includes specific reference to the NFU principles of SRL. Of the other 2 licenses, 1 grants non-exclusive rights.
Health Technology Assessments
To help address the cost effectiveness of drugs, Oncode Institute aims to implement early Health Technology Assessments (HTA) at a very early stage of drug development. These early HTAs support determination of a drug’s cost-sensitivity throughout the entire drug development cycle, and guide or adjust development routes accordingly. To this end, Oncode Institute supports early HTAs from its TechDev funds, and in 2023 inclusion of early HTAs in CPoC projects was made mandatory wherever relevant. These early HTAs measure the added value of a new treatment in terms of cost and its impact on the healthcare system and patient compared to the current standard of care, for example, in relation to treatment efficiency, side effects, and impact on quality of life. HTAs are used by health authorities and policy makers as an evidence-based auxiliary method to inform reimbursement decisions about new treatments. However, conventional HTAs are typically only implemented by drug developers in the late stages of development.
In 2023, 1 early HTA was successfully completed. To date, 6 early HTAs have been initiated, all of which are now successfully completed. The outcomes have already provided guidance for Oncode Institute’s decision-making process for future project development/investments.