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Monday, March 11, 2019

Zynerba Pharmaceuticals Adds Autism, DiGeorge Syndrome To Pipeline

Zynerba Pharmaceuticals Inc ZYNE 1.26% beat the consensus estimate for its fourth-quarter loss Monday and provided some highlights from its ongoing and upcoming trials.

What Happened

The company posted revenue of just $86,000 for the quarter ended Dec. 31, which was the only revenue recorded for the entire year. At the same time, Zynerba’s net loss narrowed from $8.12 million or 60 cents per share a year earlier to $7.79 million or 44 cents per diluted share.
Zynerba registered an increase in general and administrative expenses during the fourth quarter from $2.38 million a year earlier to $3.26 million. Research and development costs declined from $5.83 million to $4.88 million. In this way, Zynerba’s total operating expenses inched down from $8.2 million to $8.13 million.
The company ended the quarter with cash and cash equivalents of $59.8 million, down from $62.5 million recorded at the end of December 2017.

Why It’s Important

Zynerba is conducting a number of studies evaluating its CBD-based transdermal gel candidate ZYN002, or Zygel.
The company said it is in the process of enrolling patients for its CONNECT-FX study that evaluates the efficacy and safety of Zygel in patients ages 3-17 with Fragile X syndrome. It expects to report top-line results from the study in the second half of 2019 and to submit a New Drug Application in the first half of 2020, with the potential for approval by the end of the year.

Zynerba said it completed enrollment in BELIEVE 1, an open-label, multidose Phase 2 trial that evaluates Zygel in children and adolescents with developmental and epileptic encephalopathies. The top-line data from the study are expected in the third quarter of 2019.
Zynerba also said it initiated a study for Zygel administered to children and adolescents with autism spectrum disorder, and plans to initiate a study for Zygel in DiGeorge syndrome in the second quarter of 2019.

What’s Next

Zynerba anticipates that its cash and cash equivalent position is sufficient to fund its operations and capital requirements beyond the expected submission and potential approval of ZYN002 in Fragile X Syndrome patients and into the first quarter of 2021.

Elanco Animal Health Begins Trading After Eli Lilly Split

Elanco Animal Health Inc ELAN 5.93%, a global animal health company, began trading Monday as a fully standalone entity after completing a split from Eli Lilly And Co LLY 2.53%.

What Happened

Elanco completed its initial public offering in September 2018, at which point Eli Lilly was a majority shareholder with an 80.2-percent stake. In early February, the parent company said it would divest the remaining stake. Shareholders could exchange all, some or none of their Eli Lilly stock. The ultimate exchange ratio was settled at 4.5121 shares of Elanco common stock for each share of Eli Lilly common stock.
On Monday, Elanco officially completed its separation from Eli Lilly and traded as a standalone entity for the first time.

Why It’s Important

The exchange offer was 7.6 times oversubscribed, which reflects the company’s confidence that it has the “right strategy and [is] successfully progressing the execution against it,” Elanco President and CEO Jeff Simmons said in a press release.
Since the 2018 IPO, Elanco has reported two full quarters of operating results, and the company ended 2018 with 6-percent revenue growth to $3.1 billion.

What’s Next

“With this milestone behind us, we look forward to a singular focus delivering innovative solutions and services for our customers —the farmers, veterinarians and pet owners that are central to our success,” Simmons said.

Veeva CEO: We’re targeting 20% growth in subscriptions in FY20

In an interview on CNBC’s Mad Money, Veeva CEO Peter Gassner said: We make systems more efficient… We will reach over $1B in sales in FY20, ahead of our goal… We’re very optimistic about our future… We’re targeting 20% year over year subscription growth in FY20… Medicine is undergoing a revolution towards precision medicine… We have a great partnership with Salesforce.com.
https://thefly.com/landingPageNews.php?id=2877525

How 3 People With HIV Became Virus-Free Without Drugs

You’re not entirely human.
Our DNA contains roughly 100,000 pieces of viral DNA, totaling 8 percent of our entire genome. Most are ancient relics from long-forgotten invasions; but to HIV patients, the viral attacks are very real and entirely prescient to every moment of their lives.
HIV is the virus that causes AIDS—the horrifying disease that cruelly eats away at the immune system. As a “retrovirus,” the virus inserts its own genetic material into a cell’s DNA, and hijacks the cell’s own protein-making machinery to spew out copies of itself. It’s the ultimate parasite.
An HIV diagnosis in the 80s was a death sentence; nowadays, thanks to combination therapy—undoubtedly one of medicine’s brightest triumphs—the virus can be kept at bay. That is, until it mutates, evades the drugs, propagates, and strikes again. That’s why doctors never say an HIV patient is “cured,” even if the viral load is undetectable in the blood.
Except for one. Dubbed the “Berlin Patient,” Timothy Ray Brown, an HIV-positive cancer patient, received a total blood stem cell transplant to treat his aggressive blood cancer back in 2008. He came out of the surgery not just free of cancer—but also free of HIV.
Now, two new cases suggest Brown isn’t a medical unicorn. One study, published Tuesday in Nature, followed an HIV-positive patient with Hodgkin’s lymphoma, a white blood cell cancer, for over two years after a bone marrow transplant. The “London patient” remained virus-free for 18 months after quitting his anti-HIV drugs, making him the second person ever to beat back the virus without drugs.
The other, presented at the Conference on Retroviruses and Opportunistic Infections in Washington, also received a stem cell transplant to treat his leukemia while controlling his HIV load using drugs. He stopped anti-virals in November 2018—and doctors only found traces of the virus’s genetic material, even when using a myriad of ultra-sensitive techniques.
Does this mean a cure for HIV is in sight? Here’s what you need to know.

Is There a Cure on the Horizon?

Sadly, no. Stem cell transplant, often in the form of a bone marrow transplant, is swapping one evil out with another. The dangerous surgery requires extensive immunosuppression afterwards and is far too intensive as an everyday treatment, especially because most HIV cases can be managed with antiviral therapy.

Why Did Stem Cell Transplants Treat HIV, Anyways?

The common denominator among the three is that they all received blood stem cell transplants for blood cancer. Warding off HIV was almost a lucky side-effect.
I say “almost” because the type of stem cells the patients received were different than their own. If you picture an HIV virus as an Amazon delivery box, the box needs to dock to the recipient–the cell’s outer surface—before the virus injects its DNA cargo. The docking process involves a bunch of molecules, but CCR5 is a critical one. For roughly 50 percent of all HIV virus strains, CCR5 is absolutely necessary for the virus to get into a type of immune cell called the T cell and kick off its reproduction.
No CCR5, no HIV swarm, no AIDS.
If CCR5 sounds familiar, that may be because it was the target in the CRISPR baby scandal, in which a rogue Chinese scientist edited the receptor in an ill-fated attempt to make a pair of twins immune to HIV (he botched it).
As it happens, roughly 10 percent of northern Europeans carry a mutation in their CCR5 that make them naturally resistant to HIV. The mutant, CCR5 Δ32, lacks a key component that prevents HIV from docking.
Here’s the key: all three seemingly “cured” patients received stem cells from matching donors who naturally had the CCR5 Δ32 to treat their cancer. Once settled into their new hosts, blood stem cells activated and essentially repopulated the entire blood system—immune cells included—with the HIV-resistant super-cells. Hence, bye bye virus.

But Are Mutant Stem Cells Really the Cure?

Here’s where the story gets complicated.
In theory—and it is a good one—lack of full-on CCR5 is why the patients were able to beat back HIV even after withdrawing their anti-viral meds.
But other factors could be at play. Back in the late 2000s, Brown underwent extensive full-body radiation to eradicate his cancerous cells, and received two bone marrow transplants. To ward off his body rejecting the cells, he took extremely harsh immunosuppressants that are no longer on the market because of their toxicity. The turmoil nearly killed him.
Because Brown’s immune system was almost completely destroyed and rebuilt, it led scientists to wonder if near-death was necessary to reboot the body and make it free of HIV.
Happily, the two new cases suggest it’s not. Although the two patients did receive chemotherapy for their cancer, the drugs specifically targeted their blood cells to clear them out and “make way” for the new transplant population.
Yet between Brown and the London patient, others have tried replicating the process. But everyone failed, in that the virus came back after withdrawing anti-viral drugs.
Scientists aren’t completely sure why they failed. One theory is that the source of blood stem cells matters, in the sense that grafted cells need to induce an immune response called graft-versus-host.
As the name implies, here the new cells viciously attack the host—something that doctors usually try to avoid. But in this case, the immune attack may be responsible for wiping out the last HIV-infected T cells, the “HIV reservoir,” allowing the host’s immune system to repopulate with a clean slate.
Complicating things even more, a small trial transplanting cell with normal CCR5 into HIV-positive blood cancer patients also found that the body was able to fight back the HIV onslaught—up to 88 months in one patient. Because immunosuppressants both limit the graft-versus-host/HIV attack and prevent HIV from infecting new cells, the authors suggest that time and dosage of these drugs could be essential to success.
One more ingredient further complicates the biological soup: only about half of HIV strains use CCR5 to enter cells. Other types, such as X4, rely on other proteins for entry. With CCR5 gone, these alternate strains could take over the body, perhaps more viciously without competition from their brethren.

So the New Patients Don’t Matter?

Yes, they do. The London patient is the first since Brown to live without detectable HIV load for over a year. This suggests that Brown isn’t a fluke—CCR5 is absolutely a good treatment target for further investigation.
That’s not to say the two patients are cured. Because HIV is currently only manageable, scientists don’t yet have a good definition of “cured.” Brown, now 12 years free of HIV, is by consensus the only one that fits the bill. The two new cases, though promising, are still considered in long-term remission.
As of now there are no accepted standards on how long a patient needs to be HIV-free before he is considered cured. What’s more, there are multiple ways to detect HIV load in the body—the Düsseldorf patient, for example, showed low signals of the virus using ultrasensitive tests. Whether the detected bits are enough to launch another HIV assault is anyone’s guess.
But the two new proof-of-concepts jolt the HIV-research sphere into a new era of hope with a promise: the disease, affecting 37 million people worldwide, canbe cured.

What Next?

More cases may be soon to come.
The two cases were part of the IciStem program, a European collaboration that guides investigations into using stem cell transplantation as a cure for HIV. As of now, they have over 22,000 donors with the beneficial CCR5 Δ32 mutation, with 39 HIV-positive patients who have received transplants. More cases will build stronger evidence that the approach works.
However, stem cell transplants are obviously not practical as an everyday treatment option. But biotech companies are already actively pursuing CCR5-based leads in a two-pronged approach: one, attack the HIV reservoir of cells; two, supply the body with brand new replacements.
Translation? Use any method to get rid of CCR5 cells in immune cells.
Sangamo, based in California, is perhaps the most prominent player. In one trial, they edited CCR5 from extracted blood cells before infusing them back into the body—a sort of CAR-T for HIV. The number of edited cells weren’t enough to beat back HIV, but did clear out a large pool of the virus before it bounced back. With the advent of CRISPR making the necessary edits more efficient, more trials are already in the works.
Other efforts, expertly summarized by the New York Times, include making stem cells resistant to HIV—acting as a lifelong well of immune cells resistant to the virus—or using antibodies against CCR5.
Whatever the treatment, any therapy that targets CCR5 also has to consider this: deletion of the gene in the brain has cognitive effects, in that it enhances cognition (in mice) and improves brain recovery after stroke. For side effects, these are pretty awesome. But they also highlight just how little we still know about how the gene works outside the immune system.

Final Takeaway?

Despite all the complexities, these two promising cases add hope to an oft-beaten research community. Dr. Annemarie Wensing at the University Medical Center Utrecht summarized it well: “This will inspire people that a cure is not a dream. It’s reachable.”

Community Health Systems Offering $1.58B Senior Secured Notes Due 2026

Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), intends to offer $1.580 billion aggregate principal amount of Senior Secured Notes due 2026 (the “New Notes”), subject to market and other conditions.
The Issuer intends to use the net proceeds of the offering to repay $1.557 billionaggregate principal amount of term loans outstanding under its Term H Facility and to pay related fees and expenses.
The New Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States pursuant to Regulation S under the Securities Act. The New Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Many sepsis deaths in US hospitals not preventable?

Sepsis is a major contributor to disability, death and health care costs in the United States and worldwide. A growing recognition of the high burden of sepsis as well as media coverage of high-profile, sepsis-induced deaths have catalyzed new efforts to prevent and manage the disease. While new initiatives have been beneficial in paving the road toward better detection and treatment of sepsis, the role of sepsis in associated deaths and their preventability remain largely unknown. To address this question, a research team at Brigham and Women’s Hospital has comprehensively reviewed the characteristics and clinical management of patients who died with sepsis. The results are published in JAMA Network Open.
“It seems intuitive that all infections should be curable with antibiotics,” said Chanu Rhee, MD, MPH, lead author and critical care physician at the Brigham. “But up until now, the extent to which -related deaths might be preventable has not been studied.”
Rhee and colleagues retrospectively reviewed the medical records of  who died in  or were discharged to end-of-life hospice care between January 2014 and December 2015. The study cohort consisted of 568 patients admitted across six acute-care hospitals—three and three community hospitals. Using a standardized form, clinicians systematically reviewed medical records for presence of sepsis, clinical comorbidities, cause of  and indications of suboptimal sepsis care. The preventability of each sepsis-associated death was then evaluated in consideration of the above factors, and the patient’s own goals of care.
The results confirmed the high prevalence of sepsis in hospital settings and its hefty contribution to mortality: sepsis was present in over 50 percent of terminal hospitalizations and was the immediate cause of death in 35 percent of all cases. However, analyses revealed that nearly 90 percent of deaths from sepsis were considered unpreventable from the standpoint of hospital-based care. Only one in eight of all sepsis-associated deaths were potentially preventable, and of these, only one in twenty-five were moderately or highly likely preventable. While there were no indications of suboptimal care in 77 percent of sepsis-associated deaths, the most common problems in the remaining cases were delays in antibiotic administration or in source control.
Why does the prevention of death from sepsis remain elusive despite high clinical awareness and delivery of care? The answer may lie in the underlying features of the patients themselves. Many patients were elderly with severe comorbidities, including cancer, chronic heart disease, and chronic lung disease. Additionally, many expressed goals of care which were not consistent with receiving aggressive treatment. Some patients were so severely ill from their sepsis by the time they reached the hospital that nothing further could be done at that point.
“Sepsis is a leading cause of death,” said Rhee, “but since most of these deaths are occurring in very complex patients with severe comorbidities, many of them may not be preventable with better hospital-based care. For me, as a critical care physician, that resonated with what I see in my clinical practice. A lot of sepsis patients we treat are extremely sick, and even when they receive timely and optimal medical care, many do not survive. It was important for me to see that borne out of the more rigorous study we did.”
In the future, Rhee and colleagues hope to replicate their findings in different hospital settings to further the generalizability of their results. In addition, they hope to investigate whether better preventative care prior to hospitalization could help reduce the prevalence of sepsis-related deaths.
“The point of this study is not to diminish the importance of sepsis quality-improvement issues in hospitals—even one preventable death is too much,” Rhee said. “In addition, since we only reviewed medical records for patients who died, our study doesn’t highlight all the other patients with sepsis for whom timely recognition and care in the hospital actually did prevent death. One of the takeaways, however, is that further innovation in the prevention of underlying conditions might be necessary before we can see a really large reduction in sepsis mortality.”

Explore further

More information: Chanu Rhee et al, Prevalence, Underlying Causes, and Preventability of Sepsis-Associated Mortality in US Acute Care Hospitals, JAMA Network Open (2019). DOI: 10.1001/jamanetworkopen.2018.7571

Multi-country study: Many Airbnb listings that allow smoking lack smoke detectors

In a study that analyzed Airbnb listings across 17 countries, researchers from Johns Hopkins Bloomberg School of Public Health found that less than half of the Airbnb venues that allow smoking are equipped with smoke detectors, while nearly two-thirds of Airbnb venues that do not allow smoking are equipped with smoke detectors.
The findings, published online February 22 in the journal Preventive Medicine, highlight the range of safety standards travelers might encounter in residential accommodations when they travel.
“Cigarettes are consistently reported as a leading cause of residential fire deaths,” says Vanya Jones, Ph.D., the study’s lead author and an assistant professor with the Johns Hopkins Center for Injury Research and Policy at the Bloomberg School. “Given that smoke detectors are an effective way to drastically reduce the number of fire deaths, it is concerning that venues that allow smoking would be less likely to be equipped with smoke detectors.”
For their study, the researchers analyzed data from 413,339 Airbnb venues in 43 international cities. Data were used with permission from Inside AirBnB, a website not affiliated with Airbnb that aggregates publicly available information about Airbnb listings posted by venue hosts. At the time of the study, Inside Airbnb was collecting data related to Airbnb listings in 43 cities in 17 countries and jurisdictions (Australia, Austria, Belgium, Canada, Denmark, England, France, Germany, Greece, Hong Kong, Ireland, Italy, the Netherlands, Scotland, Spain, Switzerland and the U.S.). Data were collected from venues in each city from July 17, 2015, to February 18, 2017.
The sample included 38,525 venues that allow smoking and 374,814 venues that do not allow smoking. According to the analysis, 46 percent of those that allow smoking had smoke detectors, whereas smoke detectors were present in 64 percent of those that do not allow smoking.
Across the full sample of venues included in the analysis—both smoking and non-smoking—63 percent reported having smoke detectors in their online Airbnb profile. The lowest prevalence of smoke detectors was among venues in Italy (2 percent) and the highest was in Scotland (83 percent).
The study also looked at the prevalence of carbon monoxide detectors and found that 19 percent of venues that allow smoking were equipped with carbon monoxide detectors, whereas 33 percent of non-smoking venues had carbon monoxide detectors. Overall, approximately one-third (32 percent) of the total venues analyzed reported having carbon monoxide detectors, with the prevalence ranging from a low of one percent among venues in Italy to 59 percent in Scotland.
According to the analysis, the rates of Airbnb rentals that allow smoking vary across countries—from three percent in Denmark and Scotland to 40 percent in Greece. Across the entire sample, 9 percent of venues allowed smoking. The researchers say that while smoke-free laws have been passed in all of the countries included in the analysis—either at the national or sub-national level—these laws generally do not apply to private spaces, such as homes.
The World Health Organization estimates that five percent of worldwide injury-related deaths are from fire-related burns, and most fire deaths and fatal carbon monoxide poisonings occur in homes. In some jurisdictions, there is evidence that the presence of working smoke detectors has reduced fire-related deaths by half. Similarly, carbon monoxide alarms have been proven to reduce deaths associated with carbon monoxide leaks from appliances or buildup of carbon monoxide from combustible materials.
In the United States, smoking-related fires have declined over the last several decades, which has been credited to a decrease in  and improved fire safety regulations, including required installation of smoke detectors.
More information: “The prevalence of fire and CO safety amenities in Airbnb venues that permit smoking – findings from 17 countries,” Preventive Medicine (2019).