Search This Blog

Friday, September 6, 2019

Alexion Shares Fall After EU Patent Decision

Alexion Pharmaceuticals, Inc. (ALXN) shares fell in Thursday’s after-hours market after it said the European Patent Office decided against granting certain of its patent applications related to Soliris, a treatment for a rare disorder of the nervous system.
At 5:11 p.m. EDT, the company’s shares had fallen 3.47% to trade at $96.80. They finished the day’s regular trading session with a 2.82% gain, closing at $100.28.
After the bell Thursday, the company said the European Patent Office determined not to grant patent applications “which relate to the pharmaceutical compositions of Soliris (eculizumab) and composition of matter of Soliris.”
Alexion said it will evaluate its option to appeal the decision.

Drugmakers’ strategy to boost cancer medicines with ‘Lazarus effect’

At MD Anderson Cancer Center, the drug Vitrakvi is known for having a “Lazarus effect” in some patients because it can reverse late-stage cancer that has defied all other treatment options.

Developed by Eli Lilly and Co’s Loxo Oncology and marketed by German drugmaker Bayer, it fights a rare genetic mutation that appears in less than 1% of solid tumours, regardless of where they appear in the body.
Finding those patients will require widespread adoption of sophisticated tests that look for multiple genetic alterations that could be driving the cancer.
So far, progress has been slow.
Adoption of so-called next-generation sequencing (NGS) tests has been stalled by lack of reimbursement from insurers over concerns that the evidence is not there yet to support widescale use, according to more than a dozen interviews with oncologists and pharmaceutical and diagnostic industry executives.
As a result, pharma companies from small biotech Blueprint Medicines Corp to larger rivals Lilly and Roche Holding AG are taking matters into their own hands, bulking up staff to increase patient and physician awareness about testing and building up a gene testing infrastructure that for many community hospitals still does not exist.
Bayer executives told Reuters it plans to spend $70 million (£56.75 million) to increase patient and physician awareness of testing for rare mutations and to encourage regulatory approval of more tests. They expect that budget to expand as Vitrakvi continues to win approval in other countries.
Lilly told Reuters the company has signed an agreement with Thermo Fisher Scientific to develop a companion diagnostic test for its experimental drug, LOXO-292.
The deal adds RET mutations – the target of both Lilly’s and Blueprint’s drugs – to Thermo’s Oncomine Dx Target Test, which local pathology labs can use to identify multiple genes linked with non-small cell lung cancer.
The agreement is aimed to help identify more lung and thyroid cancer patients who may benefit from the Lilly or Blueprint therapies. The Thermo test is already approved by the U.S. Food and Drug Administration – a key standard for Medicare coverage, the companies said.
According to Dr. Brian Alexander, chief medical officer of Roche’s gene testing company Foundation Medicine, only about 15% of U.S. patients with advanced cancers get comprehensive genomic profiling. Another 25% get single-gene testing, he said, and a large proportion “are not getting any testing at all.”
At MD Anderson, which sees 100,000 new cancer patients a year, only around 10,000 eventually have their tumours sequenced.
For a rare few, the tests are lifesaving.
Xin Zheng, 47, a mother of three in Michigan who was referred to Reuters by Blueprint, was diagnosed with stage 4 lung cancer in 2016. After failing several treatments, she was out of options.
Her husband, Zhigang Wei, asked for genetic sequencing, and the test turned up a RET mutation. After contacting multiple lung cancer experts, Zhigang found an early-stage clinical trial treating patients with Blueprint’s experimental drug, BLU-677.
Now, Xin is nearly back to normal.
“My wife is lucky,” he said, adding her quality of life is much better and she has hope for the future.
Finding patients with such rare mutations is like “looking for the needle in the haystack,” said Stefan Oelrich, head of pharmaceuticals at Bayer.
Dr. David Hyman of Memorial Sloan Kettering Cancer Center, who tested Vitrakvi in clinical trials, said making these tests the norm for advanced cancer patients will require a huge shift in the way oncology is practiced.
“It’s painful to know there are patients out there with these alterations who are dying without knowing about it and without getting any treatments,” he said.
NOT GETTING TESTED
For Bayer’s Vitrakvi and Roche’s Rozlytrek, along with similar drugs in development, genomic testing is critical to finding patients who can benefit from them.
Cancer patients and drug companies alike got a boost last year when the federal Medicare health programme for the elderly and disabled said it would cover FDA-approved tests for advanced cancer patients that can identify hundreds of genetic mutations at once. A Medicare endorsement is generally followed by widespread coverage decisions by private insurers.
But the final regulations dropped a requirement that testmakers prove the tests are cost-effective and improve patient care. That created an “evidence gap” that has allowed some insurers, also known as third-party payers, to withhold coverage or demand more proof that they benefit patients, said Jeff Schreier of Diaceutics PLC, a data analytics company that works with drugmakers to improve diagnostic testing.
“More payers are coming around, but it’s slow,” he said.
The most recent coverage policy from CVS Health Corp’s Aetna approves many single-gene tests for specific cancers, but still largely considers multi-gene tests experimental. Anthem Inc’s policy limits testing to “medically necessary” use and states there’s “insufficient published evidence” to support widespread testing.
And while Foundation Medicine’s and Thermo Fisher’s tests are getting reimbursed from Medicare, many hospitals such as MD Anderson, which have developed their own tests, are not guaranteed payment. “Reimbursement is still a driving force,” MD Anderson’s Kenna Shaw said of genomic testing, which costs an average of $5,000 per patient globally.
Lilly bought Loxo in January for $8 billion to profit from its targeted drugs in early-stage development. Bayer secured the rights to Loxo’s two leading compounds in a 2017 alliance.
Dr. Anthony Sireci, Loxo’s senior medical director, said the company has been working to “democratize” testing in the United States by increasing its use in local pathology labs, where most cancer testing has traditionally been done. The Thermo Fisher agreement will support those goals and expand patients’ access to “high-quality genomic testing,” he said.
“TEST YOUR CANCER”
Bayer has hired diagnostic experts to help its medical and sales staff assess the barriers to genomic testing and ensure that local pathology labs are including the genetic alterations targeted by its drugs when they profile tumours, the company’s oncology strategic business chief Robert LaCaze said in an interview.
Bayer also launched a public awareness campaign called “Test Your Cancer” that urges patients to ask their doctors about genomic cancer testing. The company is working with testing providers to ensure test reports are easy to understand.
Blueprint, which has six genomically-targeted drugs in development, told Reuters it plans to hire six diagnostics experts to increase awareness of the mutations their drugs target, especially in community medical practices, where 70% of cancers are treated.
Bayer sees signs of progress. Based on internal data, the company estimates average sequencing rates across tumours neared 30% last year, and the company saw a two-fold increase in the number of labs offering tests that carry the mutation targeted by Vitrakvi.
Bayer has not released sales figures for Vitrakvi.
Asked for an update in the most recent earnings call in July, Bayer’s Oelrich said uptake is going “according to plan,” but declined to say how many patients are using the drug. LaCaze said with very rare cancers like the ones Vitrakvi targets, sales growth is “something that will build over time.”

Orchard to file gene therapy in life-threatening rare disease next year

Orchard Therapeutics has said it plans to file for approval for a gene therapy for the life-threatening rare disease metachromatic leukodystrophy (MLD) in Europe, after publishing new data.
The biotech said it planned to file data from its OTL-200 gene therapy with regulators early next year in Europe after results from a late-stage trial showed clinical benefit on cognitive and motor function. A filing with the FDA is planned for around a year later, the company said.
Orchard bought OTL-200 from GSK in April 2018 from GlaxoSmithKline along with a portfolio of other rare disease drugs, with the big pharma taking a 19.9% equity stake.
OTL-200 is an ex vivo, autologous, hematopoietic stem cell-based gene therapy – meaning it is based on cells derived from a patient’s own body.
It originated from a collaboration between GSK and Fondazione Telethon and Ospedale San Raffaele, acting through their joint San Raffaele-Telethon Institute for Gene Therapy in Milan, initiated in 2010.
Orchard also markets Strimvelis, a gene therapy for the immune deficiency caused by the rare disease adenosine deaminase deficiency (ADA-SCID) – commonly referred to as ‘bubble boy syndrome’ – developed through the same collaboration.
Latest data for OTL-200 came from an integrated analysis of 29 early-onset MLD patients – 16 late infantile and 13 early juvenile – treated with gene therapy and analysed to assess efficacy and safety of OTL-200.
At the last follow-up, 26 patients are alive and have completed up to 7.5 years of follow-up (median 3.2 years) post-gene therapy. The three patient deaths were deemed unrelated to treatment with OTL-200.
Results were compared with those from an age-matched natural history cohort of 31 untreated MLD patients.
Affecting one in every 100,000 live births, MLD is caused by a mutation in the arylsulfatase-A (ARSA) gene that results in accumulations of sulfatide in the brain and other organs including liver, the gallbladder, kidneys, and/or spleen.
Over time the nervous system is damaged and patients with MLD experience neurological problems such as motor, behavioural and cognitive regression, severe spasticity and seizures, and difficulties talking, swallowing and seeing.
In its late infantile form mortality at five years from onset is estimated at 50% and 44% at 10 years for juvenile patients.
A bridging study assessing a cryopreserved formulation of OTL-200 in patients with pre-symptomatic MLD is under way, with data expected at the end of 2019.

Boehringer in deal with India’s Lupin, as pharma awaits key Amgen data

Boehringer Ingelheim has signed a deal with India’s Lupin to develop and market a potential cancer drug targeting tumours driven by the KRAS mutation.
Under the deal Lupin will receive an upfront payment of $20 million and potential additional payments for achieving clinical, regulatory and commercial milestones for a total deal value of more than $700 million.
Lupin will be entitled to receive double-digit royalties on the sales of the product.
Occurring in around one in 7 cancers, KRAS has become a priority for big pharma after Amgen’s AMG-510 showed activity against tumours with a subtype known as KRAS G12C in a phase 1 trial involving solid tumours at ASCO in June.
This was the first time that a KRAS-targeting drug had produced a response in the clinic and updated results from the trial are expected at the International Association for the Study of Lung Cancer (IASLC) conference this weekend.
In the meantime several other pharmas are focusing on KRAS research, hoping to follow Amgen’s example.
Boehringer Ingelheim has been busy building a pipeline of KRAS drugs and this latest deal adds an MEK inhibitor, LNP3794, developed by Lupin to the mix.
Lupin is best known for generics and over-the-counter drugs but has also started to focus on developing its own novel drugs.
The partnership with Lupin will aim to develop LNP3794 in combination with one of BI’s KRAS inhibitors for patients with gastrointestinal and lung cancers, harbouring a broad range of oncogenic KRAS mutations.
The collaboration will also investigate sub-populations that may need more effective therapies.
KRAS is much more common in certain types of cancers: it occurs in more than 90% of pancreatic cancers, a disease badly served by approved therapies, and poor survival outcomes.
It also occurs in more than 40% of colorectal cancers and more than 30% of lung adenocarcinomas.
Preclinical data has shown that the combination of BI’s novel KRAS inhibitors with MEK inhibitors results in increased anti-tumour activity based on their complementary mechanisms of action in keeping KRAS-driven cancers in check.
Novartis is also looking at KRAS with San Diego-based Mirati in a tie-up announced soon after ASCO.

Immunic up 26% after hours on encouraging IMU-838 data

Thinly traded micro cap Immunic (NASDAQ:IMUX) is up 26% after hours on modest volume in apparent response to a pre-planned interim analysis of its Phase 2 CALDOSE-1 study evaluating IMU-838 in patients with moderate-to-severe ulcerative colitis.
The data showed activity at the lowest dose (10 mg) and tolerability at the highest dose (45 mg). The trial will continue with all three dosing arms (30 mg is the other).
The expansion of the potentially effective dose range will increase the target enrollment to ~240 from 195, expected to be completed in H2 2020. Topline data should be available in Q1 2021.
The company says IMU-838 is an orally available, next-generation immune modulator that dampens the immune response by inhibiting an enzyme called dihydroorotate dehydrogenase (DHODH) that plays a key role in intracellular metabolism of activated immune cells.

Thursday, September 5, 2019

Dozens of Texas hospitals sue drug industry players over opioid epidemic

Dozens of hospitals in Texas filed a lawsuit accusing pharmaceutical companies and pharmacy giants of fueling the opioid crisis in the state, Fox 4 reported.
Hospitals and government officials accuse the companies of marketing opioids without being fully transparent about the risks.
The hospitals are seeking billions of dollars in damages to help pay for treatment required for the growing number of patients addicted to opioids.
The lawsuit, filed on Sept. 3, claims the number of opioid-related deaths tripled in Texas between 1999 and 2015, with 14,171 opioid-related deaths reported during that period.
The defendants, which include Walgreens and CVS Health, have 30 days to file an answer once they’re served with the lawsuit.

Judge approves $55M sale of Hahnemann residency programs

A bankruptcy court judge ruled Sept. 5 that a group of six health systems in the Philadelphia area can buy Hahnemann University Hospital’s residency program for $55 million, according to The Philadelphia Inquirer. 
U.S. Bankruptcy Judge Kevin Gross ruled in favor of Philadelphia-based Hahnemann, which says the money will help the hospital pay its creditors.
The ruling came despite objection from CMS, which funds the residency programs. Lawyers from CMS argued the sale was against the law and Hahnemann’s Medicare agreement terminates upon closure and can’t be transferred to other institutions.
The federal government has one week to appeal the decision.
The coalition of six health systems — Philadelphia-based Jefferson Health, Einstein Healthcare Network and Temple University Health System, as well as Bryn Mawr, Pa.-based Main Line Health, Camden, N.J.-based Cooper University Health Care and Wilmington, Del.-based Christiana Care Health System —  won a bid to buy Hahnemann’s more than 550 residency slots for $55 million in August.
Hahnemann filed for bankruptcy in June and will close Sept. 6.