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Thursday, July 11, 2019

Scripps Research Snags $129 Million for HIV Vaccine Investigation

The Scripps Research Institute’s Consortium for HIV/AIDS Vaccine Development (CHAVD) received a $129 million infusion from the National Institutes of Health (NIH) to drive the development of next-generation treatments for HIV.
The goal of the research is to develop a treatment that will spur the immune system into producing antibodies capable of disarming numerous strains of HIV. The grant money came NIH’s National Institute of Allergy and Infectious Diseases and will be used over the course of seven years to advance the vaccine candidates into human trials. According to Scripps Research, the vaccine candidates are designed to be administered in multiple stages to induce immune system proteins called broadly neutralizing antibodies (bnAbs). In multiple animal studies, bnAbs have been shown to provide long-lasting protection against exposure to multiple HIV strains, Scripps Research said in its announcement late Wednesday.
The research will be undertaken by investigators from Scripps Research, as well as those from scientific organizations affiliated with CHAVD. Dennis Burton, director of the Scripps CHAVD and co-chair of the Department of Immunology and Microbiology at Scripps Research, said previous support for the NIH allowed the researchers to “lay the scientific foundation” for the potential development of these HIV vaccines. This new award provides critical funding to refine this approach and bring it into human clinical testing, he said in a statement.

“We are researching multiple bnAb sites with the ultimate goal of combining immunogens that target different sites to provide the breadth and potency needed for an effective vaccine,” Burton said in a statement.
There have been numerous advances in treating HIV, with several new drugs on the market. Last year, Robert Redfield, the new director for the U.S. Centers for Disease Control and Prevention, predicted the AIDs epidemic can be defeated within the next three to seven years. This week alone, ViiV Healthcare, a subsidiary of GlaxoSmithKline, announced that its recently approvedtwo-drug combination Dovato stood up to a three-drug regimen in a late-stage trial. Also, this week, Gilead Sciences and Lyndra Therapeutics teamed up to develop “ultra-long-acting” oral HIV therapies. Last month, researchers at a number of U.S. universities developed a techniquethat is capable of eliminating replication-competent HIV-1 DNA from the genomes of living animals.
Despite all the advances in treating HIV, in 2017, about 1.8 million people globally acquired HIV and about 37 million people were already living with the disease. Developing a vaccine for the disease has proven to be a daunting task, in part due to the different strains that circulate among patients. Scripps noted that one person may carry hundreds of thousands of variants of the virus.
The $129 million grant will allow the researchers to build on previous work completed by team members, including the 2009 discovery of antibodies in the blood cells of an HIV-infected woman that had the capability of “neutralizing 70% of 162 HIV reference strains representative of the global epidemic.” That discovery raised the possibility of engineering vaccines that could induce a person’s immune system to generate such bnAbs, Burton said. The center’s research has shown that naturally occurring bnAbs develop in a person’s body over a period of years as the result of repeated exposure to many strains of HIV. The sequential vaccine approach seeks to better this process by generating bnAbs with a small number of protein immunogens given successively in a compressed timeframe, Scripps said.

Developing a Ketone Body-Based Drug to Combat Alzheimer’s Disease

With the latest major Phase III failure of Biogen and Eisai’s beta-amyloid-targeting antibody drug aducanumab, researchers are increasingly turning to other drug targets for Alzheimer’s disease.
“The absence of new drug approvals since 2003 and a rapidly growing prevalence of Alzheimer’s disease has created a ‘perfect storm’,” Charles Stacey, the CEO of Cerecin (formerly Accera), a healthcare company developing a drug for Alzheimer’s against a non-amyloid target, told BioSpace. “The high failure rate in Alzheimer’s disease has in part been due to a monocular focus on a single target, amyloid, and pharma companies prematurely progressing drugs to Phase III in the hope of expediting drug development.”
Part of the problem with developing Alzheimer’s drugs has also been that the disease is still not well understood. What is known is that problems with cellular functions and/or improperly functioning proteins cause brain cells, called neurons, to become damaged, leading to their decreased function and eventually death. This ultimately presents itself as memory loss symptoms in Alzheimer’s patients.
Although the toxic buildup of beta-amyloid and tau proteins has been the main focus of drug development in the hopes that getting rid of these proteins will prevent or reverse Alzheimer’s symptoms, there are other possible drug targets. One strategy takes a different approach by addressing deficient metabolism in the brains of Alzheimer’s disease patients.

Brain metabolism and Alzheimer’s disease
The brain mainly uses glucose as its fuel, but in times when glucose is limited or not available (during starvation, fasting or while on a low-carb diet, like the ketogenic diet), the brain can utilize a secondary source of energy called ketone bodies. Ketone bodies are small molecules created from breaking down fat (specifically fatty acids) in the liver. This alternative fuel source is meant to ensure the brain’s metabolism and function is maintained even in times of low glucose (or carbohydrate) intake.
As the physiological back-up fuel for the brain, ketone bodies can also support the metabolic needs of brains that cannot utilize glucose efficiently, such as in the brains of Alzheimer’spatients. Many years before symptoms appear, patients with Alzheimer’s show decreased glucose metabolism in certain areas of the brain that are involved in processing memories, including the parietal and temporal lobes. Region-specific decreased glucose metabolism is one of the earliest clinical markers detected in those at risk for Alzheimer’s disease and is recognized as a clinical feature of the disease that can be seen on brain scans.
What if we addressed this defective glucose metabolism by supplementing the brain an energy source it can effectively use (ketone bodies) – would this address or even prevent the symptoms of Alzheimer’s?
Testing the ketosis strategy: the ketogenic diet vs. dietary supplements
“Function of the brain is so critical for human life that it has a highly conserved back-up energy system – the majority of the time, the brain is fueled by glucose, but when food, and therefore glucose, is not available, it can also use ketone bodies,” Stacey said. “At Cerecin, we asked a simple question: if an Alzheimer’s patients’ brain has difficulty metabolizing glucose, could it use this secondary fuel source of ketone bodies?”
Ketosis, or the state of having ketone bodies in the bloodstream (indicating their use as a partial energy source for the body), can be induced in a few ways: by fasting, which causes the body to run out of useable glucose and switch to breaking down fat for energy; by following a strict ketogenic or Atkins (high fat, low carb) diet, which leads to consistently ingesting a high concentration of fats that are broken down into ketone bodies by the liver; or by taking a ketogenic supplement, typically medium-chain triglycerides in the form of an oil.
The idea that diet- or supplement-induced ketosis may be able to help cognition and brain function in Alzheimer’s patients began gaining speed recently. At the 2017 Alzheimer’s Association International Conference (AAIC), there was an entire section of presentations about preliminary clinical results focusing on brain ketone metabolism and ketosis strategies. Some preliminary studies suggested that the brain can, in fact, use ketone bodies in lieu of glucose for energy. Other studies showed that the ketogenic diet can improve cognitive function in Alzheimer’s patients, medium-chain triglyceride supplements restored energy supply and slightly improved cognition in the brains of patients with mild cognitive impairment, and exercise increased ketone uptake in the brain.
In 2018, results from the first clinical trial testing the feasibility and preliminary cognitive effects of the ketogenic diet in Alzheimer’s patients were released. While this open label pilot trial was very small (only 15 participants total) and had no controls, it indicated that the diet improved cognition in seven very mild and four mild Alzheimer’s patients, but was not successfully useful in moderate Alzheimer’s patients, as all four moderate patients (and one very mild patient) withdrew from the study due to caregiver burden. Patients had to follow a ketogenic diet and take medium-chain triglyceride supplements for three months, followed by a 1-month washout period where the patients resumed their normal diet. All 10 patients who completed the study achieved ketosis, as determined by blood analysis.
Patients were assessed using the Alzheimer’s Disease Assessment Scale-Cognitive Subscale test (ADAS-Cog), the “gold standard” set of tests used to assess cognition, especially language and memory, in Alzheimer’s patients. Patients who followed the diet showed an average of a 4.1-point improvement in cognition compared to baseline, where a 4-point improvement from baseline is clinically meaningful. These improvements were reduced after the 1-month washout period.

The same group is getting ready to launch another randomized, single-blind study where the ketogenic diet (70% fat, <10% carbs, and 20% protein) and the “therapeutic lifestyle changes” diet (20-35% fat, 50-60% carbs, and 15% protein) will be evaluated in 80 patients with Alzheimer’s disease. This study is estimated to begin this month.
While the ketogenic diet has been shown to improve cognition in mild Alzheimer’s patients, it is very difficult to stick to, especially for Alzheimer’s patients, whose tastes shift to prefer sweet, carbohydrate-rich foods. As caregivers know, finding foods Alzheimer’s patients will eat can be tricky, let alone having them follow a strict diet.
Cerecin’s ketogenic drug approach
Now, Cerecin is developing proprietary products that emulate the effects of a medium-chain triglyceride oil supplement by inducing a state of ketosis. This takes advantage of the benefits of mild chronic ketosis on brain activity and function without the strict limitations of following a ketogenic diet. Their products were inspired by a specialized type of medium-chain triglyceride, called caprylic triglyceride, which gets broken down by the liver into ketone bodies. These ketone bodies then travel to the brain and act as the brain’s fuel source.
In a Phase II trial involving 152 mild to moderate Alzheimer’s patients, patients with a specific genetic profile who consumed caprylic triglyceride daily showed significantly improved cognition and function versus those that consumed a placebo over a 90-day period.
Excitingly, patients receiving caprylic triglyceride showed a significant improvement in cognition as early as 45 days into treatment. Stacey explained why such a rapid response was seen: “Our mechanism relies on cellular energetics, providing an energy substrate that ‘switches’ brain cells ‘on’ – much like a car with an engine that lacks gas, providing gas would allow the car to quickly turn on again.”
Patients were assessed using the ADAS-Cog test. On day 45, all patients receiving caprylic triglyceride had a 1.9- to 2.6-point improvement in their score (remember, a 4-point improvement is clinically relevant). Interestingly, more improved cognition was seen in patients who did not have the APOE4 gene: ranging from 4.77- to 6.26-point score improvements at day 45 and 3.36- to 5.33-point score improvements at day 90.

All APOE genes encode a form of apolipoprotein E, a protein that combines with fats to form lipoproteins, which package and carry cholesterol and other fats through the bloodstream. The most common version of the gene is APOE3, which is found in over half the general population, does not appear to affect the risk of Alzheimer’s. The APOE4 version is famous for being linked to an increased risk of developing late-onset Alzheimer’s (the most common form of Alzheimer’s) and causing earlier-onset memory loss compared to those who don’t have the APOE4 gene. However, not all Alzheimer’s patients carry the APOE4 gene and not all people with the APOE4 gene will develop Alzheimer’s.
Cerecin has continued studying the efficacy of caprylic triglyceride-based drugs in non-APOE4carriers, as caprylic triglyceride was the most effective in this population despite all patients (with or without the APOE4 gene) showing significantly increased blood ketone body levels two hours after consuming caprylic triglyceride. Although it is not completely understood why cognition was improved only in this population, these findings have been replicated by other groups.
“The APOE4 protein is known to block part of the metabolic energy pathway, so if there is an APOE4-induced block in metabolism downstream of where ketone bodies provide energy, then brain metabolism would not be restored in patients with the APOE4 gene,” Stacey explained.
Cerecin’s lead drug compoundTricaprilin, is a proprietary pharmaceutical formulation of caprylic triglyceride. The active ingredient of this drug is generally recognized as safe (GRAS)by the FDA, taken orally, and well-tolerated, which are all key to developing a drug for long-term use.

CVS, Walgreens To Lead $23 Billion CBD Market By 2023

Retail chains led by CVS Health and Walgreens Boots Alliance are expected to dominate the emerging multi-billion-dollar U.S. market of CBD, the compound derived from cannabis, according to a new report.
CBD is gaining in popularity among consumers with the legal CBD market projected to surpass $23 billion in annual U.S. sales by 2023, an analysis by market research firm Brightfield Groupshows. This year, such sales are projected to be $5 billion – a sevenfold increase over 2018, Brightfield Group said.
“The CBD market has been growing rapidly, but we will see unprecedented growth in 2019,” said Brightfield managing director Bethany Gomez in a statement accompanying the firm’s 75-page report. “The bulk of this growth is coming from large retailers like CVS, Walgreens, and Kroger entering the market and providing that availability to consumers.”
Retailers including CVS, Walgreens and Rite Aid have yet to disclose specific sales in their most recent earnings reports, but have said the pilot markets where they have begun sales of CBD products are doing well.
“During the first quarter, we began piloting the sale of CBD creams, lotions and lip balms at Rite Aid stores in Oregon and Washington to better meet the needs and preferences of our customers in those communities,” Rite Aid chief operating officer Bryan Everett told analysts last month on the company’s fiscal first quarter earnings call. “Response from customers has been positive so far.”
It’s unclear how soon the big retailers will expand such CBD sales, which are largely limited to markets where states have legalized sales of hemp-derived products and begun to establish regulations for such sales. Walgreens, for example, is offering “select CBD product” in nearly 1,500 Walgreens stores in Colorado, Illinois, Indiana, Kentucky, New Mexico, Oregon, South Carolina, Tennessee and Vermont. And CVS is selling hemp-derived CBD products in select stores in seven states: California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee.
“We’re entering slowly into this new category, and continue to actively monitor the regulatory landscape for CBD products and will expand product availability as appropriate and in compliance with applicable laws,” CVS spokesman Joseph Goode said. “The hemp-derived CBD products we are selling . . . include topical products such as creams, sprays, roll-ons, lotions and salves. We are not selling any CBD-containing supplements or food additives.”
Brightfield projects retail chains to control 54%, or $16.2 billion, of a $23.7 billion market legal U.S. CBD market in 2023, according to its five-year analysis of CBD distribution channels. “Though they entered the market only this year, mass retail chains will eclipse all other channels in 2019, hosting 57% of sales this year,” Brightfield said in a statement accompanying the report.

Investors jump on Cigna, CVS as Trump pushes to halt drug rebates

Shares of Cigna Corp. and CVS Health Corp. jumped Thursday morning after the Trump administration abandoned a push to end rebates in government drug plans.
President Donald Trump has made lowering prescription drug costs a priority and halting rebates was seen as a key part of that effort.
His proposal would have prohibited drug makers from paying rebates to pharmacy benefit managers in government programs such as Medicare. It could have brought significant change to a system that influences tens of billions of dollars of pharmaceutical spending.
“Based on careful analysis and thorough consideration, the president has decided to withdraw the rebate rule,” said Judd Deere, a White House spokesman.
The administration was encouraged by bipartisan discussion on legislation to control drug costs, he said.
Rebates had become a popular target of criticism in Washington after drug companies lobbied aggressively to cast them as the reason for high prices. Pharmacy-benefit managers negotiate drug discounts in the form of rebates, often keeping some of that money for themselves.
Critics say the practice gives drug makers a reason to keep list prices high, distorts incentives for drug plans and leaves consumers paying more out of pocket for prescription drugs.
Cigna, the Bloomfield insurer that bought pharmacy benefits manager Express Scripts last year for $67 billion, was up 12.3 percent in morning trading, to $180.29. CVS, based in Woonsocket, R.I., and the owner of Aetna, was up nearly 6 percent, to $58.33.
“We’re pleased the administration recognized the impact the rebate rule would have on seniors and look forward to continuing to work with all stakeholders on lowering drug costs,” CVS spokesman T.J. Crawford said in an email. “Any solution should start with addressing drug prices.”
Analyst Spencer Perlman of Veda Partners in Bethesda, Md., said in a note that pharmaceutical manufacturers are the “clear losers” with the administration’s move “partly because the sector stood to benefit from the rebate rule and partly because this signals to us that the White House is dead set on targeting drug manufacturers directly in its effort to lower prescription drug prices.”
The Trump administration is “prepared to take on drug manufacturers directly rather than attacking the issue indirectly through pharmacy benefit managers,” he said.
Leerink analyst Ana Gupte said in a note that Trump signaled an executive order on drug pricing within a week, “consistent with his comments on ‘favored nations’ drug pricing for America relative to other developed countries.”

FDA on board with endpoint for pivot study of Omeros’ narsoplimab

Omeros (NASDAQ:OMER) is up 12% premarket on modest volume on the heels of its announcement that the FDA has agreed on the primary endpoint for its pivotal study evaluating lead candidate narsoplimab (OMS721) for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy (HSCT-TMA), a Breakthrough Therapy-tagged indication.
The response-based primary endpoint needs to demonstrate a beneficial effect on the underlying HSCT-TMA disease process and a meaningful clinical improvement. It will include laboratory measures, organ function biomarkers and platelet and red blood cell transfusion burden.
The company says it is confident of a successful outcome.

Weight Watchers +6% after JPMorgan moves off bearish stance

JPMorgan lifts Weight Watchers (NASDAQ:WW) to a Neutral rating from Underweight after seeing stabilizing subscriber trends at the company.
The firm bumps up its price target to $22 vs. the sell-side average PT of $25.45.
Shares of WW are up 6.23% premarket to $23.20 to cut into the 43% YTD decline.

Walgreens expands retail access to kaléo’s epinephrine

Walgreens (NASDAQ:WBAannounces the availability of privately held kaléo’s AUVI-q (epinephrine injection, USP) 0.10 mg auto-injector at its retail pharmacies nationwide. This formulation is the only one approved in the U.S. for treating emergency allergic reactions in infants and toddlers weighing 16.5 – 33 pounds. The product will be available at no cost to commercially insured patients and those eligible for kaléo’s patient support programs.
Walgreens also stocks the 0.15 mg and 0.30 mg formulations for older patients.
WBA is up 2% premarket on the Trump administration’s withdrawal of its proposal to curb PBM drug rebates.
Competitor Mylan N.V. (NASDAQ:MYL) was under pressure yesterday on the continue shortage of EpiPen. Shares are down a fraction premarket.
Related ticker: Teva Pharmaceutical Industries (NYSE:TEVA) (-1% premarket)