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Friday, July 19, 2019

Judge to cut $2B verdict against Bayer in weedkiller case

Bayer (OTCPK:BAYRY +0.8%) welcomes a tentative ruling by a U.S. judge to cut a $2B damages award to a Californian couple by a jury which found that its Roundup weedkiller had caused their cancer.
The judge said in yesterday’s ruling that she is inclined to reduce the jury’s damages award to ~$250M – or down as low as $150M – because the amount is beyond the limits allowed by legal precedent.
Bayer will ask the judge to wipe out the verdict or grant a new trial in the case, a request the judge so far has rejected.
In a separate case last week, a U.S. federal judge cut a damages award Bayer owed a California man who blamed Roundup for his cancer to $25M from $80M.

‘Striking’ Benefit of Intranasal Insulin in Slowing Dementia

Daily intranasal insulin may be effective in slowing progression of mild cognitive impairment (MCI) or Alzheimer’s disease (AD), new research suggests.
Investigators found intranasal insulin administered via a novel delivery device slowed the rate of cognitive decline by 1 to 2 years.
“The magnitude of the benefit is striking,” study investigator Suzanne Craft, PhD, professor of gerontology and geriatric medicine at Wake Forest School of Medicine in Winston-Salem, North Carolina, told Medscape Medical News.
“This is the first trial where a medication has been delivered intranasally to treat AD,” said Craft.
The findings were presented here at the Alzheimer’s Association International Conference (AAIC) 2019.

Protective Effect

Insulin is essential for normal functions in the body and brain. It enhances communication between neurons, increases brain blood flow, and protects against beta-amyloid (Aβ) and abnormal tau.
“One of the things I think is very important for memory is that insulin protects the synapses against amyloid, and also generates new synapses. How well insulin works is the best predictor of how successfully one will age,” said Craft.
It appears either patients with AD have low levels of insulin in the brain or the hormone is not working effectively. Boosting insulin levels in the brain might help. However, injecting insulin does not get the hormone straight into the brain, and might lower blood sugar levels, said Craft.
For the study, researchers used a novel mode of delivery — a device that facilitates intranasal applications. The technology involves creating very small aerosol-like droplets of insulin that are driven upwards, directly into the brain and not into the blood stream or lungs, said Craft.
There is growing interest in intranasal delivery of insulin, partly because it is able to penetrate the blood­–brain barrier, she said.
The study included 289 patients across 26 sites who had mini-mental state examination (MMSE) scores above 20. Participants were randomly assigned to receive 20 international units (IUs) of insulin or placebo twice daily for 12 months, after which they could opt to receive inulin for 6 months in an open-label phase.
The study began with the Kurve Vianase device, which the researchers had used in all their previous studies. The manufacturer tried to improve the device for this trial, “but unfortunately that improvement resulted in unreliability of that device,” said Craft.
She explained that the manufacturer put a new timer switch on the device that “worked erratically,” meaning study participants “kept having to replace” the device.
The study then switched to a second delivery system, the Impel Precision Olfactory Device. This meant 49 study subjects were assessed with the first device and 240 with the second device.
There were no safety issues with either device, and there was “respectable compliance” for both, said Craft.

Clinically Significant

The primary outcome was Alzheimer’s Disease Assessment Scale-Cognitive Subscale (ADAS-Cog), with higher scores indicating worse outcomes. Researchers administered other cognitive and behavioral tests and measured abnormal amyloid and tau proteins — ratios of Aβ42/Aβ40 and Aβ42/tau — in cerebrospinal fluid (CSF) samples.
“These ratios provide an integrated measure of Alzheimer’s pathology and have been found to be better predictors than individual biomarkers in some studies,” noted Craft.
In the analysis of patients using the second device, both groups worsened cognitively. “So there was no benefit” from the intranasal insulin in either the 12-month trial or this open-label phase, said Craft.
Also in this group, there were no differences between those receiving placebo and those getting insulin in any other measures that researchers incorporated into the study.
However, it was “a different picture” with the first device, said Craft. Here, the insulin group showed an advantage over 12 months, and by 18 months, that group had a 6-point advantage on the ADAS-Cog compared with those who were originally assigned to placebo (P = .018).
“This is a clinically significant effect,” said Craft. “We estimate it to be a 1-to-2 year slowing in the rate of disease progression.”
Adults with AD typically worsen by about 3 ADAS-Cog points per year, noted Craft.

The Earlier, the Better?

In addition, the CSF biomarker ratios improved with the insulin group using the first device, suggesting a slowing of brain injury associated with AD.
“This showed us that we were affecting the proteins and pathology that is part of Alzheimer’s disease, in addition to the cognitive symptoms,” said Craft.
It is possible the cognitive benefits will increase as more time passes, she added.
The researchers tested the ability of the first device to deliver insulin into the brain. They did so by administering saline and insulin at different times, each followed by a lumbar puncture to assess CSF levels.
“The data are showing that insulin levels were elevated with insulin treatment by that device at every occasion. That was significant; it showed that the device was getting insulin into the brain,” said Craft.
The investigators are conducting further analyses to determine whether cognitive worsening of those with higher MMSE scores at baseline slowed more than in participants with lower baseline scores.
“We can’t say that’s the case yet, but that’s what we are thinking is going on — that the earlier you get the insulin, the better,” she said.
It’s not clear why the two devices produced different results. Craft noted that devices may differ in their ability to deliver insulin to the brain. “All devices are not created equal,” she noted.
A phase 3 trial is being planned to confirm the beneficial effects of intranasal insulin in patients with MCI and AD. It is not yet clear which device will be selected for this next study although “we will validate the device prior to the beginning of the study,” said Craft.

Potential New Mechanism

Commenting on these findings for Medscape Medical News, Rebecca Edelmayer, PhD, director of scientific engagement for the Alzheimer’s Association, said the study is “an example of how we’re diversifying the clinical trial pipeline with new ideas, of how we are sort of thinking outside the box.”
Intranasal insulin may represent a potential new mechanism for treating AD, she said.
“Any type of treatment, whether it be a medicine or a lifestyle intervention, that’s going to delay the onset or slow the progression of the disease would be a win for this disease field.”
The Alzheimer’s Association “wants to continue to make sure” that promising treatments undergo “a rigorous clinical trial,” which will be “the next step” for intranasal insulin, said Edelmayer.
Study funding was provided by National Institute on Aging (NIA). Eli Lilly provided placebo for the trial blinded phase, and Humulin-R U100 for the open label extension. Craft and Edelmayer have disclosed no relevant financial relationships.
Alzheimer’s Association International Conference (AAIC) 2019: Abstract 35542. Presented July 17, 2019.

Celgene: FDA Approves Otezla for 3rd indication

Celgene Corp. (CELG) said the U.S. Food and Drug Administration approved Otezla 30 mg twice daily for adults with oral ulcers associated with Behcet’s Disease.
Behcet’s Disease is a rare, chronic, multisystem inflammatory disease that is difficult to treat, Celgene said. Otezla reduced the number and pain of oral ulcers in a 12-week placebo-controlled Phase 3 study.
Otezla is now approved for three indications in the U.S., including the treatment of patients with moderate to severe plaque psoriasis, the company said.

Blockchain could save 80% of cost, time for physician credentialing: JPMorgan

Blockchain has the potential to reduce the cost and months-long process for clinical credentialing, according to a 2019 JPMorgan report on healthcare challenges and opportunities.
The report suggests that blockchain has the potential to save as much as 80 percent of the current cost and time it takes for the physician credentialing process.
Currently, clinical credentialing requires verification from several organizations, which can take months to collect. Through a blockchain network, members can have access to a physician’s encrypted log, which would include credentials. Changes to the log would be transmitted to the network and validated by each party on the blockchain.
Rather than rely on a third-party for the credentialing, blockchain puts trust into the network as a whole. Physicians would also have the ability to share access codes to the hospitals to review their verified credentials.
Beyond helping with credentialing, blockchain can also be leveraged as a tool for finding efficiencies when working with patient records.

Survivors of measles, mumps, rubella share stories of lifelong effects

Vaccine-preventable diseases can have debilitating effects such as deafness and blindness, and survivors of these illnesses have shared their stories with The Chicago Tribune amidst one of the worst measles outbreaks in decades.
Marsha Engle-Reinecke, 61, contracted measles as a child before vaccines were available. She has suffered from extreme hearing loss ever since, which forced her to abandon her dream job of being a teacher and to eventually quit her 25-year career in brand management.
“A vaccine would have made such a difference in my life. Please vaccinate your children,” Ms. Engle-Reinecke wrote in a recent Facebook post.
Others who shared their stories include Dan Flaherty, 55, who became deaf in one ear due to the mumps, and Traci Cobb-Evans, 56, who was born with visual impairments after her mother contracted rubella during pregnancy.
Most discussions about vaccination focus on the risk of death, but the risk of disability is also an important reason to vaccinate, Patsy Stinchfield, senior director of infection prevention and control at Children’s Minnesota hospitals and clinics, told The Chicago Tribune.

How organizations track employee data to improve overall performance

Increasingly, when organizations want to boost results, they turn not to generalized brainstorming sessions based on industry best practices, but to advanced analysis of their troves of employee data.
According to The Wall Street Journal, not only is it fairly common practice to track workers’ emails, text messages, phone calls, chats and calendar appointments, but companies are also now mining that data for insights into employee satisfaction and overall efficiency.
McKesson, for example, reportedly hired an analytics firm in 2018 to scour the senders, recipients and timing of 130 million employee emails in an attempt to understand why turnover was significantly higher among some teams. Analysis showed that teams with less turnover had connections all along the chain of command both inside and outside the company. Though McKesson has yet to implement any changes based on the findings, it is reportedly developing tools to predict workers’ likelihood of leaving the company.
Ramco Systems, an Indian software firm, tapped the same analytics company to parse through a former sales executive’s emails, identify their strongest client relationships and, by passing on that information to the executive’s replacement, reduce onboarding time from several months to just a few weeks.
Microsoft, too, has found uses for the data it collects on employee behavior: Per WSJ, the company measures employee productivity, management efficacy and work-life balance from chats, emails and calendar appointments made through its own Office 365 services. Microsoft also sells this internal analytics software to clients such as Macy’s and Freddie Mac.
“The beauty of what we’re getting out of this is information to make our teams function better,” R.J. Milnor, vice president of workforce planning and analytics at McKesson, told WSJ.

bluebird bio (BLUE) Named Best Ides for 2nd-Half at Gabelli

Gabelli analyst Jing He reiterated a Buy rating on bluebird bio (NASDAQ: BLUE) and named the stock its Best Idea.