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Friday, October 18, 2019

Opioid litigation talks can ‘get a long way’ to deal: plaintiff lawyer

Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs’ lawyer said Friday.

“I think we can get a long way,” said Peter Weinberger, co-liaison counsel in the litigation, in response to a reporter asking if a deal was possible on Friday.
Weinberger said U.S. District Judge Dan Polster was shuttling between healthcare executives and state attorneys general and other plaintiffs’ lawyers who were huddled privately in separate rooms in the Cleveland federal courthouse.
Polster summoned executives from McKesson Corp, Teva Pharmaceutical Industries Inc, Cardinal Health Inc and AmerisourceBergen Corp to his court to try to hammer out a deal before a landmark trial is scheduled to start Monday.
Polster is overseeing thousands of lawsuits stemming from the opioid addiction crisis that allege the companies fueled a healthcare crisis responsible for roughly 400,000 U.S. deaths from 1999 to 2017, according government statistics.
https://www.marketscreener.com/news/Opioid-litigation-talks-can-get-a-long-way-to-deal-lawyer–29417639/

Clinical Challenge: Treatment Combinations for Depression

For treatment-resistant depression, knowing the options for combining therapies is a key challenge for healthcare providers.
“You don’t need to be a specialist, you don’t need to be someone who is in an academic medical center to quickly fill up your clinic with patients who have experienced treatment failure with one or more antidepressants or patients who have outright treatment-resistant depression — it’s very common,” George Papakostas, MD, of Massachusetts General Hospital in Boston, explained during a presentation at the Psych Congress 2019 meeting.
However, with all the available options, clinicians can face difficulties when not only choosing which agents to start as first-line therapies, but which to add as adjunctive treatment — and when.
“I believe it is important to keep in mind that there should be a rationale behind the decision of combining medications,” Marsal Sanches, MD, PhD, associate professor of psychiatry at McGovern Medical School at UTHealth in Houston, told MedPage Today. “The number of available psychiatric medications has increased dramatically over the past 20 years and, while combining agents may result in potential benefits for the patients — especially for those with treatment-resistant conditions — some criteria should be adopted during the decision-making process of combining medications.”
Strategies for Treatment Combinations
During another session at the Psych Congress 2019 meeting, Michael Thase, MD, of the Perelman School of Medicine at the University of Pennsylvania in Philadelphia, pointed attendees to the American Psychiatric Association’s antidepressant treatment algorithm to help guide providers through the steps of prescribing antidepressants.
First-line antidepressant treatment should begin with an “adequate trial” of one medication, he explained, typically a selective serotonin reuptake inhibitor (SSRI) — such as escitalopram (Lexapro), fluoxetine (Prozac), or sertraline (Zoloft) — or a serotonin-norepinephrine reuptake inhibitor (SNRI), like duloxetine (Cymbalta), desvenlafaxine (Pristiq), or venlafaxine (Effexor). If this first drug proves ineffective, the provider should see if the patient was adherent to the treatment, as well as ensure that the original diagnosis of major depression was accurate and not actually bipolar disorder, PTSD, OCD, or another condition that shares symptoms with depression.
The next step is to try another first-line antidepressant or different class of medication, such as mirtazapine (Remeron, Remeron SolTab).
Not until the third level in the treatment algorithm are combination and adjunctive treatments advised. Add-ons might include an atypical antipsychotic; some popular choices are aripiprazole (Abilify), brexpiprazole (Rexulti), olanzapine (Zyprexa), or quetiapine (Seroquel).
Other adjunctive approaches, said Papakostas, include lithium, omega-3 fatty acids, triiodothyronine (T3), L-methylfolate, S-adenosyl-L-methionine (SAMe), and scopolamine infusions — none of which are FDA-approved for major depressive disorder.
Also at this stage, other treatment options may include older antidepressants like tricyclics or monoamine oxidase inhibitors (MAOIs).
If remission still isn’t achieved with combination pharmacological therapies, the fourth step in the algorithm advises trying nondrug neuromodulation strategies like electroconvulsive therapy or transcranial magnetic stimulation. Still other options for treatment-resistant depression at this level include the recently approved intranasal esketamine (Spravato) — used in combination with an existing antidepressant — or ketamine infusions. The final step in the treatment algorithm involves experimental, unproven treatment strategies, or vagus nerve stimulation.
Papakostas warned against trying one monotherapy after another after another, in an effort to avoid combination therapy. The landmark Sequenced Treatment Alternatives to Relieve Depression (STAR*D) trial showed how ineffective that can be. In this 2006 study, 67% of treatment-naïve patients with major depression did not achieve remission after monotherapy with the SSRI citalopram (Celexa). Then, those patients who didn’t achieve remission who were then switched to another antidepressant monotherapy — sertraline, bupropion-SR (Wellbutrin), or venlafaxine-XR — in which 75% didn’t achieve remission. These nonresponders were then switched to a third monotherapy — mirtazapine or nortriptyline — where 90% failed to achieve remission. This was then succeeded by a switch to a fourth antidepressant, where almost 90% still failed to achieve remission.
“One of the big lessons of STAR*D is if antidepressant monotherapy doesn’t work the first, or even the second time, it’s time to consider building blocks — augmentation, combination — as being a more viable option,” Papakostas underscored.
The specific treatment combinations should be carefully selected, however, as the risk for drug-drug interactions and side effects increases with polypharmacy, Manish Jha, MBBS, assistant professor of psychiatry and neuroscience at the Icahn School of Medicine at Mount Sinai in New York City, told MedPage Today. He continued, stating that metabolic side effects are some of the most common events seen especially when combining antidepressants and adjunct atypical antipsychotics. Metabolic side effects can present with weight gain, glucose, and lipid changes. Other risks with these agents include extrapyramidal symptoms like tardive dyskinesia, QTc prolongation, and neuroendocrine issues.
Sanches agreed with this sentiment, stating: “while the combination of medications may be a valuable strategy when properly utilized, sometimes ‘less is more.'”
“In cases where a patient is already taking multiple medications and still not responding well, it might be a good idea to stop and consider replacing one or more of the medications in question if alternatives are available,” he advised. “Of course, that needs to be carefully balanced, taking into account the peculiarities — as well as the preferences — of each patient.”
When prescribing combination treatments, another factor to keep in mind is “the fact that some medications have very similar mechanisms of action and combining them might not produce much improvement but increase the risk of side effects,” Sanches added. “It is also important to keep in mind that, sometimes, the same medication may be effective to treat more than one condition, and that may be utilized to mitigate the risk of polypharmacy.”
Jha advised providers shouldn’t be shortsighted when managing patients with depression, recommending that, before prescribing a drug, clinicians should think about what will happen when a patient stops it. “If it’s continued for a long time, will there be any discontinuation symptoms? And when the medication is stopped, what will be the risks?”
Combination treatment strategies for managing depression don’t stop only with pharmacology, though. Sanches noted, “It is important to remember the potential benefits of non-pharmacological treatments, such as psychotherapy, which should always be considered, again depending on the patient, the condition under treatment, and other factors,” he suggested.
Papakostas reinforced this recommendation, urging consideration of cognitive behavioral therapy as part of any depression treatment plan.
Papakostas and Thase both reported relationships with industry.
https://www.medpagetoday.com/clinical-challenges/psych-congress-psych-drug-use/82786

Mirati data to test whether biotech can challenge Amgen in KRAS quest

  • Cancer researchers and biotech investors will soon find out whether Mirati Therapeutics can challenge Amgen in the race to develop a drug targeting a mutant gene previously thought to be “undruggable.”
  • Later this month, Mirati will unveil preclinical and initial clinical data from a Phase 1 study testing its experimental cancer drug MRTX849, which binds to a protein created by the KRAS gene. KRAS mutations, which are found in many lung, colorectal and pancreatic cancers, spur cell growth and cancer progression.
  • Amgen has set the bar high for Mirati, presenting clinical results in June and again this fall that showed its experimental drug AMG 510 shrunk tumors in patients with both lung and colorectal cancers. Amgen’s data are the most promising to emerge in decades of KRAS research and sent shares in both biotechs higher.
Mirati is now valued at more than $3 billion, more that twice what the San Diego-based biotech was worth when 2019 began.
Yet investors in the company know little more about Mirati’s KRAS inhibitor than they did in January, when a Phase 1 study testing the drug began.
Instead, much of that stock appreciation is tied to investors reacting to promising early results for Amgen’s competing drug, the first to show a compelling clinical profile in KRAS-driven cancers.
Credit: Ned Pagliarulo / BioPharma Dive, market data
For decades, efforts to target KRAS came up short, mostly due to difficulties in designing a drug that binds to the relevant protein
Amgen, Mirati and others are trying a new approach that involves binding a small molecule inhibitor to a shallow “pocket” on a form of KRAS dubbed G12C.
The results for AMG 510 put Amgen out in front, but Mirati could prove itself competitive. The smaller biotech will disclose first results for MRTX849 on Oct. 28 at the AACR-NCI-EORTC International, or “Triple,” Conference in Boston.
Mirati’s chief scientific officer will present preclinical data while Pasi Janne, a director of thoracic oncology at the Dana-Farber Cancer Institute will unveil initial clinical findings in an oral presentation.
While the number of patients from whom response data is collected will likely be few, shares in Mirati could trade up by as much as 70% if results look promising or fall by up to 60% if disappointing, wrote SVB Leerink analyst Andrew Berens in a Oct. 18 note to clients.
Mirati designed the Phase 1 study to quickly escalate drug doses, so Berens believes the first look on Oct. 28 will include data on higher, possibly more effective doses of MRTX849.
Treatment with the high dose of Amgen’s drug led to tumor responses in a little more than half of the 13 patients tested, a high bar for Mirati to match.
In order for Mirati to convince investors its drug is better, data would need to show initial response rates of greater than 60% of lung cancer patients, according to Berens. A response rate around 50% would suggest efficacy “on par or not materially worse than AMG 510,” he wrote.
Mirati has competition in chasing Amgen, though. Johnson & Johnson and Boehringer Ingelheim recently began Phase 1 testing of their own KRAS inhibitors, and other drugs are in or nearing testing.
For decades, KRAS has been cancer research’s “white whale.” Success from Mirati could go some ways to convincing researchers and investors that Amgen’s breakthough can be repeated.
A wave of new KRAS efforts enters the clinic
Drug Developer Status
AMG 510 Amgen Data presented at WCLC, ESMO
MRTX849 Mirati Therapeutics Initial data presentation set for Oct. 28
mRNA-5671 Moderna, Merck & Co. First patient dosed in Phase 1
KRAS TCR NCI, Gilead Phase 1 study begun in May
ARS-3248 Johnson & Johnson, Wellspring Phase 1 study begun in July
BI 1701963 Boehringer Ingelheim Phase 1 study begun in October
BBP454 BridgeBio Preclinical development
AZD4785 AstraZeneca, Ionis Discontinued after Phase 1
SOURCE: Companies, clinicaltrials.gov
https://www.biopharmadive.com/news/mirati-kras-first-data-challenge-amgen/565352/

Arrowhead Hosts R&D Day on Emerging Pipeline of RNAi Therapeutics

Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) is hosting a Research & Development (R&D) Day today in New York to discuss its emerging pipeline of RNAi therapeutics that leverage its proprietary Targeted RNAi Molecule Platform (TRiM™) platform. The event will feature presentations by Arrowhead’s management team and Ira Goldberg, M.D., the Clarissa and Edgar Bronfman, Jr. Professor of Endocrinology, and the Director of the Division of Endocrinology, Diabetes, and Metabolism at NYU Langone Medical Center.
Presentations will begin at 8:30 a.m. EDT. A live and archived webcast of the event may be accessed on the Events and Presentations page under the Investors section of the Arrowhead website.
https://www.businesswire.com/news/home/20191018005154/en/Arrowhead-Pharmaceuticals-Hosts-Day-Emerging-Pipeline-RNAi

Applied Therapeutics to Present at American Society of Human Genetics

Applied Therapeutics Inc. (APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced the Company will give an oral presentation of data at the American Society of Human Genetics (ASHG) 2019 Annual Meeting in Houston (October  15-19) on AT-007, a central nervous system (CNS) penetrant Aldose Reductase inhibitor (ARI) in Phase 1/2 development for treatment of Galactosemia. In addition, the Company will host an ASHG Educational  Symposium featuring a panel of Galactosemia experts.
https://finance.yahoo.com/news/applied-therapeutics-present-data-highlighting-110000624.html

Dermira up 29% on additional mid-stage data on dermatitis med

Dermira (DERM +28.5%) is up on a 9x surge in volume on the heels of detailed results from a Phase 2 clinical trial evaluating a range of doses of lebrikizumab in adolescent and adult patients with moderate-to-severe atopic dermatitis (AD). The data are being presented at the Annual Fall Dermatology Conference in Las Vegas.
As reported in March, the 280-subject study met the primary endpoint of a statistically significant improvement in an AD scale called EASI at week 16 compared to placebo across all doses tested.
All key secondary endpoints were also met, including changes in pruritis (itchy skin) and sleep loss scores. No new safety signals were observed.
Phase 3 development is underway.
Lebrikizumab is an injectable humanized monoclonal antibody that binds to (inhibits) a pro-inflammatory protein called interleukin-13 (IL-13).
The company will host a conference call today at 4:45 pm ET to discuss the results.
https://seekingalpha.com/news/3506961-dermira-29-percent-additional-mid-stage-data-dermatitis-med-lebrikizumab

Bionano Genomics Amends Stock, Warrant Offering

Life sciences instrumentation firm Bionano Genomics today filed an amended prospectus with US regulators to sell a combination of stock and warrants for expected net proceeds of $13.6 million.
The company also disclosed that it expects to post a nearly 18 percent jump in third quarter revenues to $3.3 million from $2.8 million in the year-ago quarter, and that it has received a waiver to a recent loan agreement for missing certain revenue targets.
In a filing with the US Securities and Exchange Commission, Bionano said it is planning to sell 5,265,000 shares of common stock with warrants to purchase an additional 5,265,000 shares. The San Diego-based company noted that certain investors whose purchase of common shares would push their ownership stake above either 4.99 percent or 9.99 percent will have the option to buy prefunded warrants exercisable for one share of common stock instead of acquiring the common stock directly in the offering.
The purchase price for each pre-funded warrant and the accompanying common warrant will be equal to the price at which a share of common stock and accompanying common warrant are sold to the public in the offering, minus $0.001. The exercise price of each pre-funded warrant will be $0.001 per share.
Bionano has not priced the offering but said that it expects to net $13.6 million in the transaction assuming an offering price of $2.85 per share and accompanying warrant, and no sale of prefunded warrants.
During Thursday afternoon trading on the Nasdaq, shares of Bionano tumbled 45 percent to $1.58.
Oppenheimer is acting as the offering’s bookrunning manager, with Roth Capital Partners and Maxim Group acting as co-managers.
Bionano said it intends to use the proceeds of the offering for general corporate purposes including working capital, sales and marketing activities, general and administrative matters, and capital expenditures.
Last month, Bionano filed to sell 13.8 million shares of stock, along with warrants to purchase another 13.8 million shares.
The company noted in its latest SEC filing that the waiver to its loan agreement requires that it raise at least $10 million by the end of October and that it decrease the exercise price per share of certain warrants issued to the lender — Innovatus Life Sciences Lending Fund — to $.48 per share from $4.63 per share.
Bionano markets the Saphyr optical genome mapping system for large-scale structural variant analysis. It went public in August 2018.