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Friday, September 28, 2018

Eisai Reports FDA OK of Seizure Med in Pediatric Patients as Young as 4


Eisai Inc. announced today that the U.S. Food and Drug Administration (FDA) expanded the indication of its antiepileptic drug FYCOMPA® (perampanel) CIII for monotherapy and adjunctive use in pediatric patients 4 years and older for the treatment of partial-onset seizures (POS) with or without secondarily generalized seizures. The approval includes both FYCOMPA tablet and oral suspension formulations.
“Eisai is working tirelessly to provide treatment options for patients of all ages to help better control seizures and achieve the ultimate goal of seizure freedom,” said Lynn Kramer, MD, Chief Clinical Officer and Chief Medical Officer, Neurology Business Group, Eisai. “We are excited about the potential of FYCOMPA as an important tool to reduce the incidence of seizures among pediatric patients living with epilepsy. This milestone underscores our commitment to providing treatment options for children with epilepsy for whom there is still a significant unmet need.”
Today, an estimated 470,000 children in the U.S. are living with epilepsy. Up to 40 percent will not achieve seizure freedom with existing treatment and will struggle with uncontrolled seizures.

FDA halts imports from China’s Huahai after heart drug recall


The U.S. Food and Drug Administration said on Friday it will no longer allow imports of drug ingredients or medicines made with ingredients produced by China’s Zhejiang Huahai Pharmaceuticals, after a recall of one of its drugs that contained a probable carcinogen.
The Chinese bulk manufacturer of the high blood pressure treatment valsartan recalled the product from consumers in the United States in July because an impurity linked to cancer had been detected.
European authorities also said on Friday that they had found that Huahai did not comply with good manufacturing practices and that the company’s factory in Linhai, China, was no longer authorized to produce valsartan.
The European Medicines Agency said it was considering further action for other substances produced at the site.
The FDA said it was halting imports after it found major manufacturing process issues during its inspection of Huahai’s plant. The agency said the freeze on the imports would remain in place until the Chinese manufacturer determines how the impurities were introduced and improves its quality control systems.
Huahai’s English-language website suggests that the company makes more than 50 drugs, active pharmaceutical ingredients and intermediate products used in a variety of medicines to treat high blood pressure, depression and other conditions. It was not immediately clear how many were exported to the United States.
FDA spokesman Jeremy Kahn said the agency had no concern about additional drug shortages due to the import ban at this time.
In a heavily-redacted inspection report to Huahai posted on the FDA’s website on Sept. 20, the health regulator pointed out a range of serious problems, including with the company’s quality management system, how it evaluates the impact of changes to its manufacturing process, and its handling of products with impurities.
In all, the Aug. 3 report listed 11 problems based on an inspection by two investigators sent to the factory for about two weeks in late July and early August.
Huahai’s public relations department could not be reached for comment.
The company, which is based in eastern China’s Zhejiang province and makes bulk ingredients for drugmakers, told customers in late June that it had found N-nitrosodimethylamine, or NDMA, which is classified as a probable human carcinogen, in its valsartan.
In September, after a global recall of valsartan products, the FDA and the European Medicines Agency announced that another known carcinogen called N-Nitrosodiethylamine, or NDEA, had also been found in valsartan made by Huahai and by India’s Torrent Pharmaceuticals, another manufacturer.
The FDA often redacts product-specific information in inspection reports, and the report released last week did not mention valsartan, NDMA or NDEA. However, the FDA wrote that Huahai’s “change control system to evaluate all changes that may affect the production and control of intermediates or Active Pharmaceutical Ingredients (APIs) is not adequate.”
Regulators and industry consultants say the NDMA was most likely introduced when Huahai changed the way it made valsartan in 2012. The FDA’s Kahn told Reuters in an email in August that the change in valsartan manufacturing that was believed to have led to the introduction of NDMA occurred around December 2013.

‘GenScript Strongly Denies Allegations Made in Obscure Research Report’


 GenScript®, the world leader in the biotechnology reagent service industry, strongly denies allegations made in a research report by short seller Flaming Research.
“The allegations made against our subsidiary Nanjing Legend Biotechnology Co. are inaccurate and misleading, as well as groundless and irresponsible,” said Eric Wang, GenScript’s vice president of marketing. “We are very proud of the significant breakthroughs in CAR-T research made by Legend’s scientific team, led by Dr. Frank Fan, and have and will continue to conduct our research and business to the highest standards of integrity with patient safety our paramount priority.”
Johnson &Johnson, Nanjing Legend’s partner, also confirmed to the Wall Street Journal that the company “conducted careful and detailed reviews” of Legend’s data and is “optimistic about the potential of this investigative therapy.”
GenScript has no information on the identity of Flaming Research and was never contacted by the entity. At this time, GenScript is consulting with its legal counsel and considering legal actions against Flaming.

On Heels of bluebird bio Collaboration, Gritstone Secures $100 Million in IPO


Emeryville, Calif.-based Gritstone Oncology hits the ground running today on the Nasdaq Exchange after raising $100 million in an initial public offering.
Gritstone, which will sell under the ticker symbol GRTS, sold 6.6 million shares of common stock at $15 per share, the company announced Thursday. Additionally, Gritstone Oncology said it has granted the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of common stock at the initial public offering price. Goldman Sachs & Co. LLC, Cowen and Company, LLC and Barclays Capital Inc. acted as joint book-running managers for the offering. BTIG, LLC acted as lead manager for the offering, Gritstone said.
Gritstone, which launched in 2015, is the latest in a string of biotech companies to go public this year and the fourth this week. Gritstone follows Kodiak SciencesEli Lilly’s Elanco Animal Health and Lexington, Mass.-based Aldeyra Therapeutics with IPOs this week. Combined the companies secured more than half-a-billion from their IPOs.
And there are more biotech IPOs expected in the coming weeks. On Monday BioSpace highlighted five companies that will soon make the IPO plunge. The companies are Entasis Therapeutics, Urovant Sciences, Ra Medical SystemsSutro Biopharma and New Haven, Conn.-based Arvinas. Additionally, Pennsylvania-based PhaseBio filed a prospectus for an $86 million IPO. Last week New York-based Y-mAbs Therapeutics secured $96 million through an initial public offering
Founded by Clovis Oncology’s Andrew Allen, Gritstone is making its IPO splash hard on the heels of the company’s collaborative deal with bluebird bio. Last month the Bay Area Gritstone inked a deal with Cambridge, Mass.-based bluebird to combine gene and cell therapies to target cancer. Gritstone will used its artificial intelligence platform known as EDGE to analyze specific tumor types for the collaboration. Gritstone’s therapeutic approach sequences the DNA of cancer patients in order to identify specific mutations. Then, the company chooses the makers that will act as the best neo-antigens that will be synthesized in a lab for use as an immunotherapy. Under the agreement, Gritstone will identify 10 tumor-specific targets across several tumor types. EDGE will be used to identify tumor-specific targets and natural T-cell receptors (TCRs) directed to those targets for use in bluebird bio’s established cell therapy platforms.
The collaboration with bluebird came only a month after Gritstone struck a deal with another powerhouse – Bristol-Myers Squibb. Gritstone and Bristol-Myers Squibb struck a deal to evaluate the safety and tolerability of Gritstone’s personalized neoantigen immunotherapy called GRANITE-001 paired with BMS’ checkpoint inhibitor Opdivo. GRANITE-001 includes sequential delivery of neoantigens to patients within an adenovirus-based vector (prime) and a self-replicating RNA-based vector. The combination will be explored for its potential treatment of solid tumors.

Aimmune and DBV Eye the Finish Line for Peanut Allergy Treatments


An estimated 15 million people in the United States have allergies to more than 170 different foods, according to the non-profit Food Allergy Research and Education. New health data suggests the frequency of food allergies in children under 18 has risen 70 percent since 1997, CNBC reported.
With the rise in food allergies, there are a number of biopharma companies driving forward with medications that can help people augment their immune systems to avoid or minimize allergic reactions to certain foods. This year several companies are expected to file for regulatory approval of medications aimed at addressing these issues, particularly peanut allergies. There are currently no approved treatments for peanut allergies, which is the leading cause of food-induced allergic death in the United States.
By the end of the year, Brisbane, Calif.-based Aimmune intends to file a Biologics License Application for its peanut allergy treatment, AR101. Aimmune’s AR101 is an oral biologic desensitization therapy that is sprinkled over food before eating. In February, Aimmune released Phase III trial data that showed its peanut allergy therapy was effective in more than 67 percent of juvenile patients. Aimmune said 67.2 percent of juveniles ages four to 17 who were administered AR101 in the Palisade trial could tolerate exposure of at least a 600-mg dose of peanut protein in the exit food challenge. Only 4 percent of patients on the placebo could tolerate that amount, the company said.
This morning, CNBC noted that if Aimmune’s therapy is approved by the FDA, the company could see peak sales of $.13 billion by 2025.
Days after Aimmune announced its positive late-stage peanut allergy data, French company DBV Technologies announced it saw positive outcomes from its milk allergy trial. Milk allergiesare among the most common in children, affecting between 2 to 3 percent of the population. Reactions can range from mild to severe.
The mid-stage trial showed that DBV Technology’s Viaskin Milk product yielded successful results in patients suffering from IgE-mediated cow’s milk protein allergy. Data showed that children on DBV’s Viaskin treatment had a statistically significant desensitization to milk after 12 months of treatment. Viaskin is an electrostatic patch, based on Epicutaneous Immunotherapy, which administers an allergen directly onto the skin to activate the immune system by specifically targeting antigen-presenting cells without allowing passage of the antigen into the bloodstream.
Last year DBV reported its Phase III peanut allergy trial failed to show a statistically significant response against placebo. However, in February, the company received permission to seek approval from the FDA, despite the Phase III problems. At the time, Bloomberg reported the FDA “agreed that the available efficacy and safety data” supports the submission of an application that, if approved, would let DBV bring its Viaskin patch to market.
In addition to Aimmune and DBV, pharma giants Regeneron and Sanofi are also eying treatments for peanut allergies. The companies are working with their IL-4 and IL-13 inhibitor Dupixent as a potential treatment for the allergy. Last year perennial development partners Sanofi and Regeneron teamed up with Aimmune to pair AR101 with Dupixent.

Bausch Health unit moves to settle SEC charges it misled investors


Salix Pharmaceuticals, a unit of Bausch Health Companies Inc, has moved to settle charges brought by the U.S. Securities and Exchange Commission that it misled investors about the company’s prospects, the SEC said on Friday.

As part of the proposed settlement, which must be approved by a U.S. district court, Salix agreed to an SEC order to avoid future violations of antifraud and corporate reporting provisions of federal securities laws, the agency said.
A former chief financial officer at Salix, Adam Derbyshire, was also charged and agreed to a settlement in which he will pay more than $1 million, the SEC said. A lawyer for Derbyshire said he had no comment on the settlement.
The alleged misconduct occurred before Salix was acquired by Valeant Pharmaceuticals International, which is now known as Bausch Health, according to the agency.
In a statement, Salix said it was pleased to reach the settlement, and has “completely transformed” since its acquisition by Bausch in 2015.

Takeda: $62 billion Shire bid faces Nov. 6 EU antitrust deadline


EU antitrust regulators will decide by Nov. 6 whether to allow Japanese drugmaker Takeda Pharmaceutical’s $62-billion takeover of London-listed Shire Plc, the European Commission said on Friday.

The EU competition enforcer can give the green light with or without demanding concessions or open a four-month long investigation if it has serious concerns.
The deal, the largest overseas acquisition by a Japanese company, would elevate the combined company into the list of the top 10 global drugmakers. It would be a leader in gastroenterology, neuroscience, oncology, rare diseases and blood-derived therapies used for serious conditions such as haemophilia.
Authorities in the United States, China and Brazil have already given unconditional approvals for the deal.