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Wednesday, August 15, 2018

Entirely New Type of Antidepressant Targets Postpartum Depression


Postpartum depression afflicts 10 to 20 percent of the nearly four million women who give birth in the U.S. every year. The condition hits at a vulnerable moment when mother and infant normally begin to bond. Depressed moms pay less attention to their newborns, so the critical attachment between mother and baby does not occur. For some women, postpartum depression can last for years, and the lack of maternal bonding can interfere with children’s development through adolescence.
“There’s a real need to identify women and treat them, and treat them quickly,” says Samantha Meltzer-Brody, director of the Perinatal Psychiatry Program at the University of North Carolina at Chapel Hill Center for Women’s Mood Disorders. “When mom is not doing well, it becomes a crisis for the whole family at this vulnerable time. But like many issues related to mental health, and specifically women’s mental health, it has been neglected.”
Despite the frequency of postpartum depression, no treatments specifically target it. Many women who suffer from the condition receive standard antidepressants like SSRIs (selective serotonin reuptake inhibitors, such as Prozac) but it is unclear how well these drugs work because the neurochemical serotonin may play only a secondary role in postpartum depression or may not be involved at all. Instead, researchers hypothesize that a shift in female reproductive hormones during pregnancy is the main cause. Now a new drug that has gone through late-stage clinical trials aims to correct the consequences of these hormonal changes, and early results in human trials suggest it may be working.
The reason for the drug’s possible efficacy has to do with the basic biology of pregnancy. An expectant mother experiences a dramatic rise in the reproductive hormones estrogen and progesterone. Accompanying that increase is a spike in the brain of a steroid called allopregnanolone. Allopregnanolone activates GABA receptors—a neurochemical that signals brain cells to stop firing. GABA activity, however, stays largely the same during pregnancy because most of its cellular receptors go dormant to avoid being activated by allopregnanolone. If they were not, too much GABA receptor activation would cause a pregnant woman to become virtually anesthetized.
Immediately following birth, estrogen, progesterone and allopregnanolone drop back to normal levels, after which GABA receptor levels rebound quickly. But in some new mothers the readjustment in GABA receptors takes longer. Researchers postulate this lag may underlie the depression some women experience postpartum. Low GABA activity is known to result in generalized depression and anxiety.
Istvan Mody, a professor of neurology and physiology at the University of California, Los Angeles, has studied this complex system of hormones, steroids and neurochemicals for many years. In 2008 he showed postpartum mice that had lower levels of GABA receptors provided poor care for their pups—in some cases, the mothers even ate their own babies. Mody gave the mothers a drug that activated the few available GABA receptors to increase their function. After just one day of the treatment Mody says the mice “no longer threw the pups around, they did not cannibalize them. They pretty much behaved like normal.”
Based on Mody’s research, a company called Sage Therapeutics has developed a new drug to treat postpartum depression. Administered intravenously, the medication elevates allopregnanolone. It does not target the GABA receptors directly but has a similar effect: Higher levels of the steroid help activate the receptors, keeping GABA at a healthy level. Two phase II clinical trials led by Meltzer-Brody at U.N.C. tested the new drug in severely depressed postpartum women and had successful outcomes, resulting in a significant improvement in the self-reported mood of 70 percent of the new mothers. Most striking, the effect occurred immediately after the drug was administered, and the benefits persisted for 30 days. The first two trials included a total of only 25 women but Sage has since conducted two phase III trials with a combined 246 postpartum women, and preliminary reports are promising. The drug, called Brexanolone, is now under review by the U.S. Food and Drug Administration. If approved, it would be one of the first antidepressants with a new mechanism of action developed in recent years.
Beyond postpartum depression, Mody hopes these drugs could treat other types of hormonal depression such as premenstrual dysphoric disorder—an extreme version of premenstrual syndrome (PMS)—and depression around the time of menopause. Mody is also looking into whether nonhormonal depression in women is influenced by this system. Women are twice as likely to suffer from generalized depression than men, so it is possible there is a hormonal component to their depression outside the established periods of extreme hormone fluctuation.
Not everyone is convinced, however, that this particular steroid pathway is the right target. Other hormones and neurochemicals—oxytocin, prolactin and norepinephrine—have also been implicated in postpartum depression. Joseph Lonstein, a professor of psychology at Michigan State University who was not involved in the research, says, “I very much doubt this is the only system that’s atypical in women [who] might suffer from postpartum depression or anxiety, but I think it’s a completely reasonable one, and I think that it does make a lot of sense.”
To Meltzer-Brody, a drug that engages any of these targets is better than none at all. She says there is a great need for new treatments developed based on the currently understood underlying pathophysiology of postpartum depression—or at least one contributor. “That would change the way we’re able to treat [these] women,” she notes. “We have to do better than we’re doing.”

Eyes on China: Loncar loads new ETF with biotech picks on HKEX, Nasdaq


An investor group based in the Midwest is tapping the booming biotech scene in China to launch a new investment vehicle for traders interested in promising Chinese ventures.
Loncar Investments, founded by independent biotech investor Brad Loncar, selected 28 companies — some listed on the Hong Kong Stock Exchange and the rest on the Nasdaq — to wrap up into an exchange-traded fund: Loncar China BioPharma ETF. The ticker is Nasdaq: $CHNA.

“Regulatory reform and a new rule allowing pre-revenue biotech companies to list on the Hong Kong Stock Exchange may signal a new era for innovative drug development in the region,” Loncar said in a statement. “We think this is an important trend in healthcare, as it has the potential to spur growth and benefit patients worldwide.”
The ETF tracks Loncar’s $LCHINA index, which he launched earlier this year. At the time, Loncar said he created the index in response to massive growth in China’s global biotech scene.
“China’s biopharma industry is on the cusp of a true revolution that has global implications,” Loncar said. “Until today, no good stock market index existed as a benchmark for following this important trend.”
The three largest components of the index are CSPC Pharmaceutical Group (5.37%), Guangzhou Baiyunshan Pharmaceutical Holdings (5.16%), and Sino Biopharmaceutical (4.94%), as of August 7, according to this SEC filing.
Here at Endpoints News, we’ve been chronicling the rise of China biotech: from Chinese VC funds rushing into US biotech this year, to our latest E100 survey noting that biotech executives are paying a lot more attention to the East.
“China’s goal of moving its life sciences industry towards innovation is one of the most exciting themes within biotechnology, and the Loncar China BioPharma ETF gives investors a front row seat to this transformation,” said Garrett Stevens, CEO of Exchange Traded Concepts, Loncar’s partner on the ETF.

Activating dormant retinal stem cells to treat blindness


Spark Therapeutics’ Luxturna made history as the first FDA-approved therapy that directly delivers a normal gene to take the place of a nonfunctional version to restore vision. Scientists are now using gene transfer in a different way to treat blinding diseases—by activating a type of dormant stem cells in the retina.
A team of researchers led by Mount Sinai have their eyes on a type of retinal cells called Müller glial (MG). As the team reported in a study published in Nature, they helped blind mice regain some visual function after reprogramming MGs in two steps of gene transfer.
In zebrafish, MGs act as a source of stem cells that are part of a retinal self-repair system: They can proliferate on their own to replenish damaged retinal neurons. In mammals, however, MGs lack that self-regenerative capability. Scientists can activate mammalian MG to divide, but it requires injuring the tissue.
“From a practical standpoint, if you’re trying to regenerate the retina to restore a person’s vision, it is counterproductive to injure it first to activate the Müller glia,” said Bo Chen, Ph.D., an associate professor of ophthalmology at the Icahn School of Medicine at Mount Sinai and lead investigator of the study, in a statement. Using gene transfers, Chen’s team made MG to divide in mice without having to injure the retina.
They first stimulated the dormant MG cells in mice to re-enter the cell cycle by injecting their eyes with a gene to turn on a protein called beta-catenin. To ensure these newly divided cells developed into rod photoreceptors, they injected the mice’s eyes with three transcription factors.

Rod photoreceptor cells, which allow us to see in dim light, are affected in early stages of retinitis pigmentosa, a genetic eye disease that causes blindness. As the disease progress, the loss of rods can result in the loss of cone photoreceptor cells, the other photoreceptor that is responsible for sensing color and visual acuity.
“If rods can be regenerated from inside the eye, this might be a strategy for treating diseases of the eye that affect photoreceptors,” said Thomas Greenwell, Ph.D., retinal neuroscience program director at the NIH’s National Eye Institute, which funded the study.
Investigators found that new rod photoreceptors were indeed generated in blind mice. They looked structurally the same as real rods and communicated with other retinal neurons. What’s more important, the team found the rods integrated into the visual pathway, as evidence showed that light response signals were being sent from the retina to the brain. Four to six weeks after the reprogramming, the blind mice were able to sense light and regained their vision, the team reported.

“This study opens a new pathway for potentially treating blinding diseases by manipulating our own regenerative capability to self-repair,” said Chen in a statement. “This is the first step to finding promising cures for patients that involve self-repair as opposed to medicine or invasive procedures.”
Other techniques that try to address vision loss either inherited or age-related are being developed. The Salk Institute, for example, developed a gene editing technique that can insert DNA to a specific location in non-dividing cells. Scientists there used the technology to deliver a functional copy of a gene behind retinitis pigmentosa to rats and helped the animals regain sight. Another team led by the University of Southern California made a stem cell-based retinal implant, which showed promise in four people with dry from of age-related macular degeneration.
Next up, Chen’s team plans to conduct behavioral studies to determine whether the mice have regained the ability to perform visual tasks and will test the technique on cultured human retinal tissue. As the team sees it, the findings can help develop regenerative therapies for blinding diseases such as age-related macular degeneration and retinitis pigmentosa, and perhaps other eye diseases like glaucoma as well.

As EpiPens run short, Kaléo says it has an available supply of epinephrine injectors


Spot shortages persist for Mylan’s lifesaving EpiPens and the epinephrine injectors of some of its rivals, but Kaléo is making sure the public knows its version is available. You just can’t run to your pharmacy and expect to get a box.
Privately held Kaléo Monday said that supplies of its Auvi_Q autoinjectors have been unaffected by the manufacturing delays reported by competitors and are available for prescription.
“Kaléo has sufficient supply to meet any anticipated demand,” it said in its announcement. The catch is that Kaléo injectors must be obtained through its direct delivery service. The other catch is that they can be very expensive.
“We understand how critically important it is for those affected by life-threatening allergies to be able to access an epinephrine autoinjector, especially as families prepare for the back to school season,” Phil Rackliffe, Kaléo’s GM of allergy and pediatrics. “Kaléo is able to fill, and is filling, all the AUVI-Q orders through our Direct Delivery service at http://www.auvi-q.com.”
The injectors are to treat life-threatening allergic reactions, including anaphylaxis, from things like peanut allergies. People who are at risk for or have a history of serious allergic reactions, or their parents, keep a pen with them at all times. But they must be replaced when they expire.
Spot shortages of Mylan ubiquitous EpiPen developed last year, when a Pfizer subsidiary that makes them for Mylan had manufacturing delays after FDA inspectors found problems at the plant. The FDA this May added it and the injectors from Impax Laboratories on its drug shortages list.
Mylan said it is receiving continual supply from Pfizer subsidiary Meridian Medical Technologies and hustling shipments to wholesalers as soon as it does. That has made availability across the U.S. spotty. Mylan said customers who can’t find the products should contact its customer relations.
Impax Laboratories’ generic epinephrine injector has been plagued by manufacturing issues as well. In June it said customers needed to inspect their pens before using them because their have been reports of visible particles in some.
That has left Kaléo in the catbird seat for now. But it has been a tough road to get there. Its Auvi-Q first hit the market in 2013 but couldn’t get much traction. Kaléo struck a commercial agreement with Sanofi, but that collapsed when Kaléo had manufacturing problems and had to recall all of its injectors nationally.
The company then returned its autoinjector to market with a list price of $4,500 for a two-pack—a far cry from Mylan’s $600-for-two price tag. Pharmacy benefit managers and insurers such as Cigna and Humana refused to cover them.
But Kaléo insisted that through its affordability program, patients with commercial insurance, can get the injector with no out-of-pocket cost. It said the cash price for Auvi-Q is $360. The drugmaker has been passing the word about the product with sport-themed advertising, doing a deal last year with Minor League Baseball and getting NASCAR racer Elliott Sadler as a spokesman this year. The ads are pushing its “verbal direction” feature, Auvi-Q’s step-by-step voice instructions that competitors don’t have.
In an email today, the company declined to provide any sales numbers for Auvi-Q.

Court tosses kickbacks case against Eli Lilly but allows plaintiffs another chance


Diabetes drugmakers have faced a gamut of allegations and investigations over their products in recent years. Now, Eli Lilly has prevailed in one legal battle, at least for the time being.
Last year, whistleblowers with Health Choice Alliance, a research organization, filed a lawsuit alleging Eli Lilly and other companies ran a “multi-tiered kickback scheme” by offering free nursing services in exchange for prescriptions of diabetes drugs Humalog and Humulin, plus osteoporosis drug Forteo. A judge has ruled that facts stated in the lawsuit aren’t specific enough to support the allegations. He dismissed the case, but gave the whistleblowers a chance to restate their claims in an amended suit.
The whistleblower suit targets Lilly, Healthstar Communications, VMS Biomarketing, Covance and a former unit of Express Scripts called United BioSource. They allege that nurses employed in the scheme supposedly offered “independent medical advice,” but instead acted as “undercover sales reps for Lilly.” Covance and UBC provided reimbursement services as part of the setup, according to the suit.
Last month, U.S. Magistrate Judge Caroline Craven recommended that the plaintiffs’ motions to dismiss be granted because the whistleblowers didn’t deliver facts sufficient enough to support their claims. She recommended that the plaintiffs be given 20 days to amend their lawsuit. Late last week, U.S. District Judge Robert Schroeder III in the Eastern District of Texas adopted the recommendations.
A representative for Eli Lilly declined to comment on the development.
The developments come after Novo Nordisk last year settled similar allegations dating back to 2006. In that suit, plaintiffs said the company used certified diabetes educators to induce prescribers to use Novo drugs by offering educational programs and materials worth thousands of dollars. The company denied the allegations.
The plaintiffs in the Lilly case are part of a national research organization, the National Healthcare Analysis Group, and alleged that the setup has resulted in “billions of dollars in improper reimbursements.”
In another similar case, Allergan in July paid out $13 million in a 2009 whistleblower suit over claims the company illegally promoted eye drugs—including Restasis—by providing valuable consulting and other services to doctors.

Thyroid drugs made with ingredient from banned Chinese plant recalled in U.S.


Another Chinese product using potentially substandard ingredients has slipped through the regulatory cracks into the U.S.
Westminster Pharmaceuticals is recalling all lots of its thyroid drugs levothyroxine and liothyronine in five dose forms because they were made with an API from China’s Sichuan Friendly Pharmaceutical.
The FDA banned all products made by Sichuan Friendly in March after an inspection found big problems at the manufacturing plant of the Chinese company. Westminster in its voluntary recall said its had used the API to make the thyroid medication before the FDA had put the ban in place. It said no adverse reactions have been reported from the drugs, but it is recalling them because they are used in the treatment of serious medical conditions
The FDA issued a warning letter to the plant in June after an inspection last year found problems at the company’s plant at Neijiang, Sichuan. Inspectors found the plant had no data to support the shelf life labeled on the company’s APIs. They also said the Sichuan Friendly facility did not test for residual solvent levels in its intermediate or finished API batches to determine whether results fell within acceptable levels.
The recall comes amid another global recall of products made with the API valsartan from a Chinese drugmaker. Zhejiang Huahai Pharmaceutical set off a global recall after it informed global regulators last month that it had discovered the suspected cancer-causing impurity N-nitrosodimethylamine in its valsartan API after changing its manufacturing pr0ocess. The FDA recently said it investigation found the tainted products may have been on the market for as long as four years.
The FDA actually inspected the Huahai plant in 2016 and again last year. Form 483s indicate the plant had little regard for quality control and blamed out-of-specification test results on “ghost peaks,” lab errors and environmental pollution.
It repeatedly reanalyzed API batches to achieve passing results, even when tests showed a “large differential,” then shipped them to the U.S. without ever investigating why the out-of-spec results occurred in the first place.

Constellation Brands to Invest C$5B/US$4B in Canopy Growth


Constellation Brands (NYSE: STZ) (NYSE: STZ.B), a leading beverage alcohol company, and Canopy Growth Corporation (Canopy Growth) (TSX: WEED) (NYSE: CGC), a leading diversified cannabis company (together, the “Companies”), today announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing.
Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent ownership when assuming exercise of the existing Constellation warrants. Constellation Brands is acquiring the new shares at a price of C$48.60 per share, which is a 37.9 percent premium to Canopy’s 5-day volume weighted average price of the common shares on the Toronto Stock Exchange (“VWAP”), and a 51.2 percent premium to the closing price on August 14, 2018. Constellation will also receive additional warrants of Canopy that, if exercised, would provide for at least an additional $4.5 billion CAD to Canopy Growth.
As a result of the new shares Constellation is acquiring, Canopy Growth will immediately upon closing have proceeds of approximately $5 billion CAD [$4 billion USD] to bolster its leadership position in the global cannabis industry. This investment, the largest to date in the cannabis space, will provide funds which Canopy Growth will deploy to strategically build and/or acquire key assets needed to establish global scale in the nearly 30 countries pursuing a federally permissible medical cannabis program, while also rapidly laying the global foundation needed for new recreational cannabis markets. Canopy Growth’s Canadian platform does not require additional cannabis cultivation assets, and management views other jurisdictions, including the United States, as strategic priorities requiring significant capital.
“Through this investment, we are selecting Canopy Growth as our exclusive global cannabis partner,” said Rob Sands, Chief Executive Officer, Constellation Brands. “Over the past year, we’ve come to better understand the cannabis market, the tremendous growth opportunity it presents, and Canopy’s market-leading capabilities in this space. We look forward to supporting Canopy as they extend their recognized global leadership position in the medical and recreational cannabis space.”
Canopy Growth will benefit from Constellation’s deep understanding of consumer trends and shifting preferences, and proven ability to translate those insights into distinct brand positionings that build strong connections with consumers and foster brand loyalty. Constellation’s disciplined approach and capabilities in areas such as mergers and acquisitions, finance, large-scale production, marketing and sales as a leading Fortune 500 company, combined with Canopy’s entrepreneurial approach and best-in-class knowledge and expertise within the emerging cannabis sector create a powerful combination that will ensure Canopy Growth is set up for sustainable, long-term success as the company and sector evolve.
Founded in 2013, Canopy Growth has cemented itself as the industry leader in Canada’s legal cannabis market. Through its subsidiaries Tweed and Spectrum Cannabis, Canopy Growth has established a global presence in 11 countries which is driven by product innovation, a robust intellectual property portfolio, and clinical research programs targeting both human and animal health. In Canada, Canopy Growth has established sophisticated operations to support recreational sales by raising capital and making the strategic investments required to maintain and accelerate its market leadership position at a critical time in the company’s evolution. Substantial capital is required to fully capitalize on Canopy Growth’s market-leading position in Canada and establish similar leading positions in markets around the globe.
“Our business can now make the strategic investments required to accelerate our market position globally,” said Bruce Linton, Chairman and Co-CEO, Canopy Growth. “Constellation’s concentration of global cannabis activities exclusively through Canopy, coupled with the investment and its expert capabilities in brand-building, marketing, consumer insights and M&A will be a huge benefit as we look to expand our portfolio in Canada, the United States and emerging cannabis markets around the globe. We view this investment in our business as an endorsement of our execution since forming our initial strategic relationship in October 2017.”
As part of the proposed transaction, Constellation will nominate four directors to Canopy Growth’s seven-member Board of Directors, Chaired by Founder Bruce Linton. Canopy Growth will remain a proudly Canadian publicly-traded company headquartered in Smiths Falls, Ontario, Canada and will continue to be led by its existing management team, who will continue to manage all international cannabis operations.
As part of its investment, Constellation is receiving 139.7 million new warrants which are exercisable over the next 3 years. Of those, 88.5 million are exercisable at a price per share of C$50.40, a 43.0 percent premium to Canopy’s VWAP, and 51.3 million are exercisable at the VWAP at the time of exercise. If Constellation were to exercise all existing and new warrants, its ownership would exceed 50 percent.
Canopy Growth’s future plans include pursuing various product formats in all cannabis channels. Both companies have no plans to sell cannabis products in any market unless it is permissible to do so at all applicable government levels. Canopy Growth remains committed to not entering the U.S. market in any manner that would contravene U.S. federal laws.