Search This Blog

Monday, December 3, 2018

Cronos Confirms Discussions Regarding Potential Investment by Altria


Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON)(“Cronos Group” or the “Company”) today confirmed that it is engaged in discussions concerning a potential investment by Altria Group Inc. (NYSE: MO) (“Altria Group”) in Cronos Group. No agreement has been reached with respect to any such transaction and there can be no assurance such discussions will lead to an investment or other transaction involving the companies.

Cronos Group is a globally diversified and vertically integrated cannabis company with a presence across five continents. Cronos Group operates two wholly-owned Canadian licensed producers: Peace Naturals Project Inc., which was the first non-incumbent medical cannabis license granted by Health Canada, and Original BC Ltd., which is based in the Okanagan Valley, British Columbia. Cronos Group has multiple international production and distribution platforms across five continents. Cronos Group intends to continue to rapidly expand its global footprint as it focuses on building an international iconic brand portfolio and developing disruptive intellectual property. Cronos Group is committed to building industry leading companies that transform the perception of cannabis and responsibly elevate the consumer experience.

Janssen Updates Phase 1/2 CAR-T Multiple Myeloma Data


The Janssen Pharmaceutical Companies of Johnson & Johnson reported today updated results from Legend Biotech Inc.’s LEGEND-2 Phase 1/2 open-label study, which evaluated the investigational chimeric antigen receptor T-cell (CAR-T) therapy LCAR-B38M in the treatment of patients with advanced relapsed or refractory (R/R) multiple myeloma. The findings, featured in an oral presentation at the 60th American Society of Hematology (ASH) Annual Meeting (Abstract #955), build upon the data from one of four independent institutional studies, the Second Affiliated Hospital of Xi’an Jiaotong University, which were initially presented at the 2017 American Society of Clinical Oncology (ASCO) Annual Meeting and 2017 European Hematology Association (EHA) Meeting. These updated results showed that the B-cell maturation antigen (BCMA) directed CAR-T cell therapy LCAR-B38M achieved deep and durable responses, with a manageable and tolerable safety profile in patients who failed a median of three prior therapies.
In December 2017, Janssen entered into a worldwide collaboration and license agreement with Legend Biotech, USA Inc. and Legend Biotech Ireland Limited (“Legend”), subsidiaries of GenScript Biotech Corporation, to jointly develop and commercialize LCAR-B38M in multiple myeloma. LCAR-B38M is a CAR-T cell therapy directed against two distinct BCMA epitopes, which confers high avidity and affinity binding of the compound to the BCMA-expressing cells. In China, a Phase 2 confirmatory trial registered with the Center for Drug Evaluation (CTR20181007) is currently being planned to further evaluate LCAR-B38M in patients with advanced R/R multiple myeloma. Globally, Janssen, together with Legend, is advancing a Phase 1b/2 trial (NCT03548207) of JNJ-68284528 to evaluate its efficacy and safety in adults with advanced R/R multiple myeloma. The study is currently enrolling patients following the U.S. Food and Drug Administration clearance of an Investigational New Drug application as announced in May 2018.
LCAR-B38M identifies the investigational product being studied in China and JNJ-68284528 identifies the investigational product being studied in the U.S./EU, both of which are representative of the same CAR-T therapy.
“CAR-T science has led to the approval of much-needed therapeutic interventions for certain blood cancers, and it is our hope that the results we are seeing in multiple myeloma will yield another much needed option for patients,” said Wan-Hong Zhao, M.D., Ph.D., Associate Director of Hematology at the Second Affiliated Hospital of Xi’an Jiaotong University in Xi’an, China, and lead study investigator. “We are excited about these data and the fact that they demonstrated notable responses in heavily pretreated patients with multiple myeloma, a population that traditionally has been difficult to treat.”

Novartis advances urticaria med to Phase 3 based on strong Phase 2 data


  • PEARL 1 and PEARL 2, the largest pivotal trials to date in chronic spontaneous urticaria (CSU), will enroll more than 2,000 CSU patients[1],[2]
  • Ligelizumab (QGE031), a monoclonal antibody, is being developed as a treatment option for CSU patients whose symptoms are inadequately controlled by H1-antihistamines[3]
  • In a head-to-head study, ligelizumab showed improvements over Xolair® (omalizumab) in CSU patients[4]
Novartis, a leader in immuno-dermatology, announced today the initiation of Phase III trials for ligelizumab (QGE031) – a high-affinity monoclonal anti-IgE antibody – in chronic spontaneous urticaria (CSU) patients whose symptoms are inadequately controlled by H1-antihistamines[1],[2]. Phase III studies PEARL1 and PEARL 2 are planned to include more than 2,000 CSU patients[1],[2].
‘CSU has a big impact on patients’ lives,’ said Marcus Maurer, MD, Professor of Dermatology and Allergy and Director of Research at the Department of Dermatology and Allergy, Allergie-Centrum-Charité of the Charité-Universitätsmedizin in Berlin, Germany. ‘Despite existing treatment options, too many people continue to struggle with the debilitating and potentially painful symptoms of CSU. Advancing ligelizumab to Phase III is encouraging news for physicians and patients who have difficulty in controlling symptoms.’
Results from the placebo- and active-controlled Phase IIb trial showed that ligelizumab met the primary endpoint by demonstrating a clear dose-response relationship, and improvements over Xolair® (omalizumab) in CSU patients[4]. Ligelizumab achieved rapid onset of action and improved and sustained efficacy in CSU patients, whose symptoms are not adequately controlled by H1-antihistamines[4].

Amgen antibody shows promise in myeloma trial, gets FDA fast track


Amgen Inc, updating the first trial of its bispecific antibody for multiple myeloma, said on Monday seven out of 10 patients given the second-highest dose of AMG420 responded to the drug, including four with no detectable cancer.

Six patients were still responding at 7.5 months of follow-up, according to research presented in San Diego at the annual meeting of the American Society of Haematology (ASH).
The highest trial dose was discontinued due to toxicity. Nearly a third of trial patients developed serious infections and other side effects included nerve damage and liver failure.
Amgen said AMG420, which targets a protein linked to multiple myeloma known as BCMA, has been given fast track status by the U.S. Food and Drug Administration.
“Based on these data, we plan to open an expanded trial,” David Reese, Amgen’s head of research and development, said in an interview. “We want to begin exploring quickly enrolment in earlier lines of therapy.”
Amgen’s pipeline of bispecific antibodies, which are designed to attach to a cancer cell and an immune cell, bringing them together so the body’s immune system can kill the cancer, are a cornerstone of the biotech company’s oncology research.
Other companies are exploring different ways to attack the same BCMA target, including bluebird bio Inc, Celgene Corp and Johnson & Johnson.
Earlier at the ASH meeting, bluebird and Celgene presented early trial data showing that experimental cell therapy bb21217 induced responses in 10 out of 12 heavily pre-treated myeloma patients.
Bb21217 is a next-generation version of bb2121, the companies’ more advanced, but still experimental therapy in a class called CAR-T that requires harvesting a patient’s own disease-fighting T-cells, modifying them in a laboratory so they target specific proteins on cancer cells and infusing them back into the patient. The manufacturing process for bb21217 is designed to improve the persistence of the altered cells.
J&J, which licensed BCMA-directed CAR-T LCAR-B38M from a unit of China-based GenScript Biotech Corp, on Monday presented updated results from a Chinese study of the cell therapy in 57 previously treated myeloma patients. It showed that 88 percent of patients responded to the treatment, and 74 percent achieved remission.
J&J is currently enrolling patients in an international study aimed at validating those findings.
Amgen has suggested the “off the shelf” nature of its antibody platform could be an advantage from both a clinical and commercial standpoint, but oncologists say more data is needed.
Trial patients are hospitalized for their first cycle of AMG420, after which they receive the drug by continuous 24-hour infusion for four weeks, followed by two weeks off therapy, for up to 10 cycles.
Amgen has another BCMA-targeting antibody that lasts longer in the body, requiring less frequent infusions, but that research is at an earlier stage.
In the current study, 42 patients with multiple myeloma that worsened after at least two prior treatments were given AMG420 at varying doses. A total of 13 patients responded to the treatment, including seven who achieved remission.
Of the 20 patients with serious adverse events, 17 required hospitalization and four had prolonged hospitalization.

Pfizer strikes deal with Chinese online pharmacy Jianke


Pfizer is set to implement a new retail, hospital services and internet healthcare strategy in China as part of a deal with local online pharmacy and health services platform Jianke.
The strategic cooperation agreement will also see the pharmaceutical company work with Jianke on a new “omnichannel retail system”.
Ren Xiaoxiu, general manager of national retail business at Pfizer China, said: “Pfizer China will leverage jianke.com’s internet-based new retail channel to create our own B2C and online-to-offline businesses as well as develop a brand-new marketing channel.
“In addition, Pfizer China will capitalise on the resource of over 6,000 physicians specialised in issues related to males at Chinese Grade III, Class A hospitals shared by jianke.com to combine mobile healthcare with our own products with the aim of providing more patients with access to high-quality healthcare and raising awareness among men about the importance of maintaining good health.”
Pfizer saw increased demand in the third quarter of this year from China for many of the products that will be held by its Established Medicines unit, including cholesterol medicine Lipitor (atorvastatin), blood pressure drug Norvasc (amlodipine) and Sulperazon (sulbactam/cefoperazone), an antibiotic.
The company’s deal with Jianke comes as that firm upgrades its Jianke Doctor brand, improving its online consultation service with the addition of an AI-powered medical assistant and providing a new, unified management programme for chronic disease patients.
Jianke said the platform, which has 100,000 registered doctors who provide more than 300,000 consultations per day, would now provide a “one-stop ‘internet + healthcare’ service”.
The changes come against a background of healthcare reforms this year within China, including moves towards medical reform, online health policies and the development of an online healthcare system.
Founded in 2006, Guangzhou-based Jianke plans an Initial Public Offering (IPO) in the US next year and, after raising $130 million in a private round of fundraising in September, is currently thought to be worth $500-600 million.

Atara Biotherapeutics announces next-gen Car T discoveries at ASH


Atara Biotherapeutics announces next-gen Car T discoveries at ASH  Atara announced results presented by collaborators at the 60th American Society of Hematology Annual Meeting. One study presents details of a next-generation CAR T technology that increases T cell persistence and decreases T cell exhaustion. Another important study presents positive Phase 2 clinical results in patients with EBV+ PTLD involving the CNS. PTLD patient treatment patterns and health outcomes are described in additional ASH presentations. “Our highlighted ASH presentations this year demonstrate the promise of Atara’s next-generation CAR T and off-the-shelf, allogeneic T-cell immunotherapy pipeline,” said Dietmar Berger, M.D., Ph.D., Global Head of Research and Development of Atara Biotherapeutics. “Cutting-edge CAR T discoveries by our Moffitt Cancer Center collaborators may have wide applications including as a component of our CAR T programs in acute myeloid leukemia and B-cell malignancies. Our collaborating investigators at Memorial Sloan Kettering also showed promising Phase 2 clinical results for patients with EBV+ PTLD involving the CNS, a difficult-to-treat and often lethal complication of bone marrow and organ transplantation. We are encouraged by these robust results and the broad potential of our CAR T technologies and T cell immunotherapy platform.”

BeiGene to host investor meeting


Management discusses the Company’s data on Tislelizumab and Zanubrutinib presented at the American Society of Hematology (ASH) Annual Meeting at an Investor Meeting being held in San Diego, CA on December 3 at 11 pm.