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Wednesday, January 16, 2019

Eisai Application for Insomnia Treatment Submitted in US


Eisai Co., Ltd. (CEO: Haruo Naito, ‘Eisai’) and Purdue Pharma L.P. (President and CEO: Craig Landau, MD, ‘Purdue Pharma’) today announced that a new drug application has been submitted to the U.S. Food and Drug Administration (FDA) for lemborexant, an investigational agent for sleep-wake regulation, seeking approval for the treatment of insomnia, a sleep-wake disorder.
This application was based on the results of two pivotal Phase 3 clinical studies in patients with insomnia, SUNRISE 1 (Study 304) and SUNRISE 2 (Study 303), enrolling approximately 2,000 patients, as well as important safety studies, including assessment of postural stability after middle-of-the-night awakening and a next-morning driving study. SUNRISE 1, a one-month, double-blind, placebo-controlled study, included the first ever Phase 3 head-to-head comparison versus zolpidem ER and objectively assessed sleep parameters (time to sleep onset, sleep efficiency, and wake after sleep onset) resulting in the largest (objective) polysomnography dataset collected to date in patients with insomnia. SUNRISE 2 was a 12-month study and subjectively assessed for ability to fall asleep and stay asleep based on patient self-reports (sleep diaries)
Lemborexant, which acts on the orexin neurotransmitter system and is believed to regulate sleep and wake by dampening wakefulness without impeding the ability to awaken to external stimuli, is being jointly developed by Eisai and Purdue Pharma for the treatment of multiple sleep-wake disorders, including insomnia disorder. In addition to the treatment of insomnia disorder, a Phase 2 clinical study of lemborexant in patients with irregular sleep-wake rhythm disorder and mild to moderate Alzheimer’s dementia is underway. Information about ongoing clinical studies is available at clinicaltrials.gov.
Eisai and Purdue Pharma are striving to address new unmet medical needs and to improve the lives of patients and their families.

Bayer to Highlight New Research at ASCO GI 2019 Cancers Symposium


Bayer will present new data from its continued research on Stivarga® (regorafenib) in metastatic colorectal cancer (mCRC) and metastatic biliary tract cancers, and Nexavar® (sorafenib) in advanced liver cancer, at the 2019 American Society of Clinical Oncology Gastrointestinal (ASCO GI) Cancers Symposium on January 17-19 in San Francisco.

Among the research presented will be the final analysis from the prospective, observational CORRELATE study, which analyzed the overall survival of over 900 patients with mCRC in relation to the location of their primary tumor. Additionally, results from the REACHIN trial exploring the efficacy of regorafenib in patients with locally advanced (non-resectable) and metastatic biliary tract tumors that progress after chemotherapy will be presented. Findings from additional studies of regorafenib in mCRC will also be presented, including results from the Phase II LCCC1029 trial investigating second line FOLFIRI with regorafenib or placebo in mCRC.
Further presentations will highlight results from ongoing trials investigating outcomes of tyrosine kinase inhibitors used after, or in combination with immunotherapy, in advanced hepatocellular carcinoma patients.
Notable regorafenib and sorafenib studies at the ASCO GI 2019 Cancers Symposium include:
Regorafenib
  • Outcomes by tumor location in patients with metastatic colorectal cancer (mCRC) treated with regorafenib (REG): Final analysis from the prospective, observational CORRELATE study
    • Abstract: 539, Poster Session C; January 19, 07:00 – 7:55 am and 12:15 – 1:45 pm (PST); Board F2
  • Regorafenib after failure of gemcitabine and platinum-based chemotherapy for locally advanced (non resectable) and metastatic biliary tumors: a randomized double-blinded placebo-controlled Phase II trial
    • Abstract: 345, Poster Session B; January 1811:30 am – 1:00 pm and 5:30 – 6:30 pm (PST); Board J3
  • Association of consensus molecular subtypes (CMS) with progression free survival (PFS) and overall survival (OS) with 2nd-line FOLFIRI +/- regorafenib in metastatic colorectal cancer (mCRC)
    • Abstract: 597, Poster Session C; January 19, 07:00 – 7:55 am and 12:15 – 1:45 pm (PST); Board H20
  • Blood-based biomarkers in metastatic colorectal cancer patients treated with FOLFIRI plus regorafenib or placebo: Results from LCCC1029
    • Abstract: 587, Poster Session C; January 19, 07:00 – 7:55 am and 12:15 – 1:45 pm (PST); Board H10
  • Retrospective multicenter study for assessment of association between imaging change and outcome after treatment of regorafenib: KSCC1603 
    • Abstract: 509, Poster Session C; January 19, 07:00 – 7:55 am and 12:15 – 1:45 pm (PST); Board D12
Sorafenib
  • Outcomes of tyrosine kinase inhibitors (TKI) after immunotherapy in unresectable or advanced hepatocellular carcinoma (HCC) patients
    • Abstract: 361, Poster Session B; January 1811:30 am – 1:00 pm and 5:30 – 6:30 pm (PST); Board K1
  • Phase II multicenter pilot study of safety, efficacy, and immune cell profiling in advanced hepatocellular carcinoma (HCC) on combination of sorafenib (SOR) plus nivolumab (NIVO)
    • Abstract: TPS464, Poster Session B; January 1811:30 am – 1:00 pm and 5:30 – 6:30 pm (PST); Board Q3

VBI Vaccines initiated at Oppenheimer


VBI Vaccines initiated with an Outperform at Oppenheimer. Oppenheimer analyst Leland Gershell started VBI Vaccines with an Outperform rating and 12- to 18-month price target of $9. The company is advancing three candidates through clinical development for infection prevention and cancer treatment, Gershell tells investors in a research note. The analyst believes positive newsflow from any of the programs “could spark share appreciation.”

Mirati Therapeutics price target raised to $65 from $57 at Oppenheimer


Mirati Therapeutics price target raised to $65 from $57 at Oppenheimer. Oppenheimer analyst Leah Rush raised her price target for Mirati Therapeutics to $65 from $57 after the company announced that it has dosed the first patient in a phase I/II study of MRTX849, in line with prior guidance. The analyst notes that the initiation of this study, along with recent encouraging data from the first preclinical results for this KRAS G12C inhibitor, supports her outlook. She reiterates an Outperform rating on the shares.

Aptinyx: NYX-2925 didn’t achieve stat. significant separation from placebo


https://thefly.com/landingPageNews.php?id=2849472

Paratek Pharmaceuticals price target raised to $25 from $14 at Canaccord


Canaccord analyst Dewy Steadman raised his price target on Paratek Pharmaceuticals to $25 from $14 following meetings with management. The analyst came away encouraged that the story sets up well with reasonable expectations for 2019. He also said the company’s stretch goal of $500M in Nuzyra revenue by 2024 is positively surprising and potentially achievable, but remains out of his estimates for now. Steadman reiterated his Buy rating on Paratek Pharmaceuticals shares.

Tenet renews Anthem BC contract


Tenet Healthcare (NYSE:THC) and Anthem Blue Cross (NYSE:ANTM) have inked a new multiyear agreement under which the latter’s members will continue to have in-network access to Tenet’s California facilities and providers. Financial terms are not disclosed.