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Friday, May 3, 2019

VA proposes drastic cut to federally funded union time

VA Secretary Robert Wilkie on Thursday set out new proposals to cut federally funded union time as the Veterans Affairs Department looks to renegotiate its collective bargaining agreement.
The proposals include an annual cap on the time all union workers can get paid by the VA to perform union work to 10,000 hours per year. Another provision would give “frontline supervisors” more authority over workers.
The current collective bargaining agreement with the American Federation of Government Employees has been in place since 2011. The union represents about a quarter million federal workers.
In a statement, Wilkie called for a reset of the “VA’s approach to labor-management relations.” The VA said that under the Obama administration’s agreement, the government was paying more than a million hours’ wages for employees to perform union work.
“A reluctance to challenge the status quo produced the current agreement, which includes many benefits that favor the union rather than the veterans we are charged with serving,” Wilkie said. “With VA facing thousands of vacancies, these proposals could add more than 1 million man-hours per year back into our work force—a vital influx of resources that would make an almost immediate difference for veterans and the employees who care for them.”
The Trump administration has been riling unions for the past year, starting with an executive order issued last May that sought to claw back federal workers’ time from union business when they’re on the government payroll.
In that order, the White House specifically called out nearly 500 VA employees, including 74 nurses, who spent 100% of their work time on union duties.
As work ramps up to launch the expanded Community Care program for veterans, the VA’s new proposed agreement said union contracts must not “interfere” with the department’s ability to administer various laws including the Mission Act— which mandated the consolidation and expansion of VA community care.
Representatives of the American Federation of Government Employees did not immediately respond to a request for comment.

Biohaven to Present on Migraine Phase 3 at American Academy Of Neurology

Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN), today announced that results from the pivotal rimegepant Zydis® ODT Phase 3 clinical trial will be presented as a late-breaking oral presentation at the 2019 American Academy of Neurology (AAN) Annual Meeting in PhiladelphiaMay 4-10, 2019. This presentation is 1 of only 11 abstracts accepted as part of the Emerging Science (Late-Breaking) program, and the only CGRP-targeting migraine data accepted for the Late-Breaking session. Rimegepant is an oral, single-dose, selective and potent small molecule calcitonin gene-related peptide (CGRP) receptor antagonist in development for the acute treatment of migraine.

AAN Emerging Science (Late-Breaking) Presentation Details:
Data Blitz Oral and Poster Presentation Title: Efficacy, Safety, and Tolerability of Rimegepant 75 mg Orally Dissolving Tablet for the Acute Treatment of Migraine: Results from a Phase 3, Double-Blind, Randomized, Placebo-Controlled Trial, Study 303 (Data Blitz #005, Poster #075)
Presentation Date: May 7, 2019
Presentation Time: Oral at 11:57 a.m.; Poster displayed 11:30 a.m.-6:30 p.m.
Company Off-Site CGRP Presentation and Migraine Expert Panel, at 7:00 p.m. ETon May 7, 2019:
Richard Lipton, MD
Albert Einstein College of Medicine / Montefiore Headache Center
David Kudrow, MD
California Medical Clinic for Headache
Jelena Pavlovic, MD, PhD
Albert Einstein College of Medicine / Montefiore Headache Center
Moderated by: 
Kishen Mehta

Lannett to Launch Generic Concerta, AB-rated Methylphenidate Hydrochloride ER

Lannett Company, Inc. (NYSE: LCI) announced that it expects to launch later this quarter Methylphenidate Hydrochloride Extended Release (ER) tablets USP (CII) in 18 mg, 27 mg, 36 mg and 54 mg strengths, an AB-rated generic equivalent to the brand Concerta.
Total U.S. sales of Methylphenidate Hydrochloride ER tablets were approximately $1.4 billion for the 12 months ended February 2019, according to IQVIA, although actual generic market values are expected to be lower.
‘The market for AB-rated Methylphenidate is sizable,’ said Tim Crew, chief executive officer of Lannett. ‘We expect this product will generate modest sales in our fiscal 2019 fourth quarter and grow to be one of our more significant revenue contributors in fiscal 2020.’
Lannett’s strategic alliance partner, Andor Pharmaceuticals, LLC, recently received approval from the U.S. Food and Drug Administration (FDA) of its Abbreviated New Drug Application (ANDA) of Methylphenidate Hydrochloride ER tablets USP (CII) in 18 mg, 27 mg, 36 mg and 54 mg strengths, the therapeutic equivalent to the reference listed drug (RLD), Concerta Extended-Release Tablets, 18 mg, 27 mg, 36 mg and 54 mg, of Janssen Pharmaceuticals, Inc.
In August 2018, Lannett announced that it entered into a licensing agreement with Andor for Methylphenidate Hydrochloride ER tablets. Under the agreement, Lannett will primarily provide sales, marketing and distribution support of Andor’s Methylphenidate ER product, for which it will receive a percentage of the net profits.

LabCorp moves lower after disclosing subpoenas from Justice Department

Shares of LabCorp moved lower after the company disclosed in its quarterly filing that its Covance Research Products unit was served with a Grand Jury Subpoena on April 1, issued by the Department of Justice in Miami, Florida, requiring the production of documents related to the importation into the United States of live non-human primate shipments originating from or transiting through China, Cambodia, and/or Vietnam from April 1, 2014 through March 28, 2019. The company said it is cooperating with the Department of Justice. Further, on April 4, Tri-Cities Laboratory, a joint venture LabCorp acquired as part of the Pathology Associates Medical Laboratories transaction in May 2017, was served with a subpoena issued by the Department of Justice in Newark, New Jersey, requiring the production of documents related to test orders and payments to various third party companies and individuals. The company said it is cooperating with the Department of Justice. Shares of LabCorp moved lower following the afternoon disclosure and are trading down $1.51 to $164.12. LabCorp competitor Quest Diagnostics (DGX) gave up some of its gains as well but the shares remain up 51c to $98.67 in afternoon trading.

Genentech’s Kadcyla approved by FDA in early breast cancer treatment

Genentech, a member of Roche, announced that the FDA has approved Kadcyla for adjuvant, or after surgery, treatment of people with HER2-positive early breast cancer who have residual invasive disease after neoadjuvant taxane and Herceptin-based treatment. The FDA reviewed and approved the application, leading to an approval 12 weeks after completing the submission. Kadcyla is the first Genentech medicine approved under the RTOR pilot program, which is exploring a more efficient review process to ensure safe and effective treatments are available to patients as early as possible. For this indication, Kadcyla was also granted Breakthrough Therapy Designation, which is designed to expedite the development and review of medicines intended to treat serious or life-threatening diseases. This approval is based on results of the Phase III KATHERINE study showing Kadcyla significantly reduced the risk of invasive breast cancer recurrence or death from any cause by 50% compared to Herceptin as an adjuvant treatment in people with HER2-positive EBC who have residual invasive disease after neoadjuvant taxane and Herceptin-based treatment. At three years, 88.3% of people treated with Kadcyla did not have their breast cancer return compared to 77.0% treated with Herceptin, an absolute improvement of 11.3%.

Indivior slashes sales projections almost in half after $3B federal indictment

With a $3 billion lawsuit from the U.S. government hanging overhead and Suboxone generics on the march, things are looking grim for Indivior. And executives warned Thursday that sales will take a big dive this year, partly because of its legal troubles.
Indivior forecast (PDF) 2019 revenue nearly 50% lighter than last year’s total as the company struggles through a federal indictment, leveled in April, accusing the company of deceiving doctors about the benefits of its opioid dependence drug, Suboxone Film.
In a first-quarter earnings presentation Thursday, Indivior projected sales of $525 million to $575 million on the year—a steep decline from its $1.05 billion top line last year—specifically tied to federal scrutiny of Suboxone and the drug’s loss of exclusivity earlier this year.


“The Group recognizes that its stakeholders now face additional uncertainty arising from the Department of Justice’s action,” the company said. “The Indivior Board of Directors has been extensively advised by external legal counsel that it has strong defenses to the Department of Justice’s allegations.”
In early April, federal prosecutors accused Indivior of presenting misleading claims about the benefits of Suboxone Film, a newer version of the company’s pill. After developing the film in 2007, prosecutors said, Indivior began lying to doctors about the drug’s safety in an attempt to move patients to the film formulation and boost sales.

But misstating the film’s benefits was only one tactic in the company’s fraudulent marketing scheme, prosecutors said, which also included pulling the Suboxone pill off the market in an attempt to deter generic competitors and launching a phone and internet network to connect patients to doctors prescribing Suboxone in a “careless and clinically unwarranted manner.”
In response to the indictment, Suboxone said it was disappointed by the decision and accused federal prosecutors of pursuing “self-serving headlines.”

The federal indictment came at a bad time for Indivior, which lost a key court battle in February. A U.S. Court of Appeals ruled in favor of Indian drugmaker Dr. Reddy’s Laboratories in an injunction battle with Indivior over the launch of its generic competitor to Suboxone, opening the floodgates for U.S. generics.
Immediately after the decision, analysts predicted the ruling could cut Indivior’s market share by 80% within weeks, sending the company’s share prices tumbling by 11% on a day and 70% on the year. As of Thursday, Indivior’s market cap had dropped nearly 74% year to date.

Indivior is one of a group of drugmakers recently stung by federal prosecutors for questionable marketing of opioid and opioid dependence meds.
The U.S. government has targeted Purdue Pharma and its opioid blockbuster Oxycontin in a suite of federal suits, and top executives from drugmaker Insys are currently on trial for claims they pumped sales of the company’s powerful opioid spray, Subsys.

Parkinson’s tremors vanish with incisionless surgery

FDA-approved focused ultrasound technology for tremor-predominant Parkinson’s often instantly eliminates symptoms.


KEY TAKEAWAYS

MRI-guided focused ultrasound offers an incisionless, less invasive alternative to deep brain stimulation.
Penn Medicine offers procedure to patients with tremor-dominant Parkinson’s and essential tremor.
Technology is already used by 13 U.S. medical centers for treatment of essential tremor.
Company is exploring its use for hundreds of purposes, including Alzheimer’s, epilepsy, and brain tumors.
Now you see tremors; now you don’t.
An incisionless surgical treatment that delivers focused ultrasound waves to destroy targeted brain tissue often results in immediate symptom reduction or relief for patients with tremor-predominant Parkinson’s disease. The procedure, which combines focused ultrasound technology with magnetic resonance imaging (MRI), recently received FDA approval and provides an option for patients who cannot take or do not respond to medication. It also offers an alternative to deep brain stimulation (DBS), a more invasive form of treatment, which implants hardware into the patient’s body.
Exablate Neuro technology is available at Penn Medicine in Philadelphia and is already used by 13 U.S. medical centers for treatment of a separate condition, essential tremor, which has similar characteristics and often demonstrates the same instantaneous results. The FDA approved the technology for treatment of essential tremor in 2016.
Nearly 2,000 patients have been treated for one of these two conditions in one of 50 medical facilities globally, and the waiting list at Penn Medicine is growing. More healthcare systems will soon offer the treatment for tremor-resistant Parkinson’s, although financial reimbursement through government or private payers is not yet available.
In addition to treating movement disorders, INSIGHTEC, the company that developed this technology, is working with leading research institutions on clinical studies for numerous other purposes, including treatment of Alzheimer’s, epilepsy, and brain tumors, as well as its possible ability to temporarily disrupt the blood-brain barrier to allow targeted drug delivery. Clinical trials are underway for all of these applications.
“We’re still in the early stages of this technology, and I think there’s going to be a lot of development in terms of what can be done with it,” says neurosurgeon Gordon H. Baltuch, MD, PhD, professor of neurosurgery at the University of Pennsylvania Perelman School of Medicine. Baltuch practices at Pennsylvania Hospital in Philadelphia, one of six hospitals in the Penn Medicine system, and uses the innovation to treat patients with tremor-predominant Parkinson’s, as well as essential tremor.
Baltuch and Maurice Ferré, MD, CEO and chairman of board of INSIGHTEC, provide a look into how this treatment works and the potential that exists for this novel form of technology.

HOW THE INNOVATION WORKS

One advantage of ultrasound is that it does not damage the tissue it passes through, yet focusing multiple waves on a targeted area produces heat, which can destroy, or ablate, the tiny area of the brain causing the tremors.
Finding a way to get ultrasound to penetrate the dense tissue of the skull and accommodate individual variability took years of development. INSIGHTEC, which was founded in 1999 and has dual headquarters in Haifa, Israel, and Miami, developed hardware that produced ultrasound powerful enough to penetrate the skull, and software that corrects for skull shape and thickness.
The technology often can use a facility’s existing MRI, Ferré says, which enables the neurosurgeon to guide the high-energy focused ultrasound waves. The procedure is known as MRgFUS and the treatment is an incisionless thalamotomy.
Patients are awake during the process and wear a special helmet that delivers the ultrasound treatment from inside the MRI machine. They typically start the session unable to drink water from a glass or write legibly because of tremors. Before the ablation occurs, the medical team does preliminary testing to ensure the proper brain location is pinpointed.

TREATMENT DELIVERS IMMEDIATE RESULTS

When the process is complete, tremors on the treated side of the body often completely disappear.
An online video demonstrates Baltuch performing the procedure on a patient with essential tremor. Before treatment the patient tries to bring a cup of water to his mouth, but his tremors prevent him from doing do. After the procedure, he is shown touching the tips of his two index fingers together, remarking, “I couldn’t do this an hour or so ago.” He later brings a water cup directly to his lips with no tremor.
“This has really been my second epiphany in medicine,” says Baltuch. “My first in this field was when we saw the early deep brain stimulation videos.” Watching patients’ symptoms instantly disappear “was like magic,” he says. Witnessing patients discover their Parkinson’s tremors have vanished following a  procedure, “is the same thing. When you see it, it’s phenomenal.”

LIMITATIONS, SIDE EFFECTS, AND LONG-TERM OUTLOOK

Baltuch cautions, however, that focused ultrasound thalamotomy is not without risk or side effects, there are limitations, and there are not yet long-term studies.
  • Side effects: Side effects include difficulty walking or unsteadiness following the procedure, along with tingling or numbness in the lips or fingers. Most issues resolve within months.
  • Limitations: Currently, only one side of the body can be treated. Earlier forms of surgical ablation sometimes resulted in speech difficulties, so for now, the FDA has limited treatment to one side of the brain. The side that controls the patient’s dominant hand is usually targeted. INSIGHTEC is exploring bilateral treatment in medical centers outside the U.S. In addition, while treatment can reduce or eliminate tremors on one side of the body, it does not stop other symptoms of Parkinson’s or slow disease progression.
  • Long-term studies: Because five- and 10-year studies have not yet been conducted, “We don’t yet [know the] long-term effectiveness” of focused ultrasound thalamotomy for tremor-dominant Parkinson’s and essential tremor, says Baltuch. “The published data show that this may not be as effective in tremor reduction as, potentially, deep brain stimulation can. And, although it’s non-invasive, you’re still making a thermal lesion [on the brain].”

DBS OR FOCUSED ULTRASOUND?

DBS also has risks, Baltuch says. The procedure involves implanting one or more electrodes in the brain, a neurostimulator in the neck, and a wire connecting the two devices.
“You’re drilling a hole [in the brain] and you’re putting hardware [in the brain and body],” he says. “It’s neurosurgery and, yes, it carries a risk of hemorrhaging, stroke, and infection. But the simulator itself is not making a lesion; you’re neuro-modulating the brain in some way to … get rid of the tremor. You can potentially dial it up or dial it down. With a thalamotomy, there really is no eraser.”
Medication is still the first line of defense for treatment of tremors for patients with either of these conditions. For patients who are medication refractory, Baltuch says there are pros and cons to both procedures.
Focused ultrasound guided thalamotomy “is a great technology to have in addition to a deep brain stimulation,” says Baltuch. “I see it more at the moment as it as complimentary. I present the pluses and minuses of each technique to patients and their families, I’ll give them my recommendation, and then I’ll let them make a choice.”
Ferré points to data that he says demonstrates the enormity of the problem and the potential for another treatment option.
“There are approximately 10 million Americans living with essential tremor,” he says. “Up to 50% of these patients are refractory to medication.” Altogether, essential tremor patients cost the U.S. healthcare system about $142 billion annually, according to a report commissioned by consulting firm Frost & Sullivan. In addition, Ferré adds, “Nearly one million people will be living with Parkinson’s disease in the U.S. by 2020, and in an estimated 26% of these patients, the primary symptom is tremor. Only a small percentage seek DBS intervention.”
“We think the majority of these patients have opted not to be treated because they don’t want the invasiveness of being treated with a deep brain stimulator or with this hardware,” Ferré says.
According to a study published in Movement Disorders on July 25, 2015, 24,000 estimated DBS surgeries were performed in the United States for Parkinson’s and essential tremor between 1998 and 2007, with Parkinson’s patients undergoing most of the surgeries.

TECHNOLOGY HOLDS POTENTIAL TO CHANGE SURGICAL TRENDS

Meanwhile, INSIGHTEC is exploring a much bigger canvas. The company has identified over a hundred different diseases that it could target with its Exablate Neuro technology, says Ferré.
“The trend is to try to treat diseases earlier in their cycle,” he says, adding that focused ultrasound treatment may become a tool in this regard. In addition, “This technology, as a platform, has the capabilities of transforming the way we look at surgery. If you look at the trends of surgeries, you’ve seen it go from open surgery, to laparoscopic surgery, to robotic surgery. We think we’re now the next generation—incisionless surgery— which is completely noninvasive.”