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Tuesday, December 10, 2019

Ash 2019 – Regeneron takes the bispecific baton and runs

Regeneron and Xencor add to the growing evidence backing bispecifics in certain lymphomas, a space that looks set to become fiercely competitive.
Regeneron is behind Roche with its anti-CD3-CD20 bispecific, but early data suggests that might not matter. The Ash medical meeting saw highly encouraging response rates across various subtypes of lymphoma with REGN1979, though as suspected tolerability will be the main concern with this project.
Cytokine release was seen in 59% of patients, a substantially higher proportion than was reported for Roche’s mosunetuzumab over the weekend, including more incidences of serious events; investigators also disclosed one death due to tumour lysis syndrome. Differences in trial design and patient populations make valid comparisons hard at this stage, but it seems that what REGN1979 loses in toxicity it gains in efficacy.
SAFETY COMPARISON
REGN1979 (Regeneron)Mosunetuzumab (Roche)Xmab13676 (Xencor)
N11027053
CRS59%29%53%
CRS grade 3-46.4%1.1%5.7%
CRS=cytokine release syndrome. Source: Ash 2019.
Physicians are much more comfortable dealing with this safety issue now, but in a crowded space the risk of cytokine release could mark REGN1979 out as a more troublesome option. The project already has something of a reputation, after two patients died in a trial that combined REGN1979 with Regeneron’s PD-1 inhibitor, Libtayo.
Xencor also presented encouraging signals with its contender, Xmab13676; a manageable safety profile is emerging with the project and effectiveness that looks more in line with mosunetuzumab. The results showed an ORR of 38.90% with a CR of 27.80% in the 18 DLBCL patients treated, although these readouts are very early.
As of early November safety data was available on 45 NHL and 8 CLL patients. Investigators reported a 53% rate of cytokine release, most of which were grade 1 or 2, while no grade 3 events occurred once step up dosing was implemented. This dosing strategy looks likely become widely established with these therapies.
Dosing is ongoing with Xmab13676, and these data remain far from the end of the story. The table below provides a brief summary of the results seen with CD3-CD20 bispecifics at Ash this weekend. Roche gained a prominent plenary presentation of mosunetuzumab over the weekend, and has dosed the most patients so far.
The Swiss pharma giant also detailed combination data on its second CD3-CD20 project, RG6026, which some biopharma watchers expect to emerge as a more efficacious agent. This is different to mosunetuzumab in that is contains two CD20 binding domains; it is not yet clear whether Roche will bring both projects to market.
It is clear that bispecifics will play a role in the treatment of haematological cancers in the not too distant future. Where they will fit remains to be answered – while it seems likely that autologous Car-T therapies will increasingly be consigned to salvage settings, off-the-shelf cell therapies have yet to show what they can do.
For the meantime, however, big companies like Roche and Regeneron look well set to ride this wave. Deep pockets count for a lot in a very crowded market.
COMPARING ANTI-CD3-CD20 BISPECIFICS
RegeneronRoche
B-NHL diagnosis N ORR CRB-NHL diagnosisNORR CR
FL Gr 1–3a2295%77%Indolent NHL6762.7%43.3%
DLBCL without CAR T771%71%All 3L+ FL6163.9%44.3%
DLBCL with CAR T1250%25%Aggressive NHL12437.1%19.4%
MCL667%33%All 3L+ DLBCL/trFL (n=98)9837.8%20.4%
MZL667%33%DLBCL prior Car-T922.2%22.2%
Source: Ash presentations

‘Worst-case scenario’ for biologics: Zero market exclusivity in trade deal revision

A new version of the United States-Mexico-Canada Agreement, unveiled Dec. 10, includes no market exclusivity protection for biologic drugmakers, according to STAT.
Last week, The Wall Street Journal reported that the Trump administration was considering reducing the 10-year exclusivity period biologic drugmakers are given before generic competition is allowed as a way to appease Democrats, who say shortening the exclusivity period would make drugs more affordable for Americans.
But instead of reducing the 10-year period, the new version removed the exclusivity period entirely. It also removes provisions that would have given three years of additional market exclusivity to drugmakers who  submit new clinical information for previously approved drugs and a section that would have allowed drugmakers to patent “new uses of known products.”
The removal of the provisions won’t affect U.S. drug prices, because it grants makers of biologics 12 years of exclusivity protection, but lobbyists told STAT the deal is the “worst-case scenario” for drugmakers.
Drugmakers argue long market exclusivity periods ensure patients in other countries are paying their fair share for drugs.
“The real losers today are America’s scientists, entrepreneurs and patients waiting for the next generation of breakthrough medicines,” Jim Greenwood, CEO of the Biotechnology Innovation Organization, which represents many biologic manufacturers, told STAT. “They have forsaken a sector in which America leads the world.”
The Trump administration did not need to take out the provision, as Canada and Mexico had both already agreed to a previous version of the agreement that included the 10-year exclusivity period.
Lower drug price advocates applauded the deal, claiming it as a step toward less expensive drugs as well as a victory against “Big Pharma,” according to STAT. The deal will allow biosimilar drugmakers, which make lower-cost versions of biologics, to have a much easier time selling their drugs overseas.
The deal still needs to be ratified by all three countries, but STAT reported that early signs show the deal will advance easily.

Abbott warns of 2 potential safety issues with its heart implant

Abbott is warning of two separate potential safety issues involving its HeartMate 3 implant used to treat advanced heart failure, according to MedTech Dive.
The HeartMate 3 is designed as a long-term treatment for patients with advanced heart failure who can’t receive a heart transplant.
Medical professionals need to perform controller exchanges on the pumps every once in a while, but patients and caregivers are also trained to perform exchanges in case of an emergency.
Abbott warned that connecting the modular cable to the HeartMate 3 at the wrong angle when exchanging controllers can stop electrical power from reaching the pump, which can cause serious injury or death. The cable may seem like it is connected, but if it’s at the wrong angle, it won’t transmit electricity to the pump, according to MedTech Dive.
Abbott wrote in a Dec. 2 letter to clinicians that the problem has resulted in a reported death rate of 0.05 percent to date. It has also caused hemodynamic compromise — which is when blood flow from the device is reduced or stopped — in 0.07 percent of patients. The company did not specify the number of deaths caused by the problem.
The second issue is that excessive amounts of static electricity have caused unrecoverable power loss to the HeartMate mobile power unit modules. There have been two reports of serious injury connected to the issue, but no deaths. The serious injuries were hemodynamic compromise.
The static electricity problem only occurs when the HeartMate 3 system is used with the MPU Module, according to MedTech Dive. HeartMate II devices are not affected.

Iterum’s sulopenem misses endpoint in cIAI study

Iterum Therapeutics (NASDAQ:ITRMannounces the results from a Phase 3 clinical trial, SURE 3, evaluating penem anti-infective sulopenem in patients complicated intra-abdominal infections (cIAI).
The trial (narrowly) missed the primary endpoint of clinical response at day 28 compared to ertapenem, thereby failing to demonstrate non-inferiority. Specifically, the 95% confidence interval required a lower limit of the difference in outcomes of no more than 10.0%. The results showed an interval of -10.3% to 1.0%.
On the safety front, the rates of treatment-related adverse events for sulopenem and ertapenem were 6.0% and 5.1%, respectively, with the most common being diarrhea, 4.5% and 2.4%, respectively. Serious adverse events were higher with sulopenem (7.5%) than ertapenem (3.6%) but the discontinuation rate was lower, 1.5% vs. 2.4%.
Topline data from another Phase 3 should be available next quarter. If positive, the company intends to proceed with a U.S. marketing application.
Shares down 48% after hours.

Mednax shareholder Starboard may push for company sale

Mednax (NYSE:MD) activist investor Starboard Value has privately nominated a majority slate of directors at the healthcare services firm and is pushing for a full or partial sale of the companyWSJ reports.
Starboard submitted the slate ahead of Mednax’s nomination deadline a little over a week ago, according to the report, which also says Starboard could withdraw the slate if talks between the two sides result in an agreement but otherwise plans to move ahead with a proxy fight at the company’s annual meeting next year.
MD shares have slumped ~25% YTD, continuing a four-year slide, hurt by factors including higher expenses and a big goodwill impairment charge in the recent quarter.
Mednax (NYSE:MD) activist investor Starboard Value has privately nominated a majority slate of directors at the healthcare services firm and is pushing for a full or partial sale of the companyWSJ reports.
Starboard submitted the slate ahead of Mednax’s nomination deadline a little over a week ago, according to the report, which also says Starboard could withdraw the slate if talks between the two sides result in an agreement but otherwise plans to move ahead with a proxy fight at the company’s annual meeting next year.
MD shares have slumped ~25% YTD, continuing a four-year slide, hurt by factors including higher expenses and a big goodwill impairment charge in the recent quarter.

FDA panel thumbs down on Correvio’s Brinavess for afib

The FDA’s Cardiovascular and Renal Drugs Advisory Committee has voted 11-2 against approval of Correvio Pharma’s (NASDAQ:CORV) Brinavess (vernakalant hydrochloride, IV) for the rapid conversion of recent onset atrial fibrillation (AF) in adults.
Shares are currently halted, but longs should expect a significant down move upon resumption of trade.

J&J appeals Oklahoma judge’s opioid ruling

Attorneys for Johnson & Johnson have appealed an Oklahoma judge’s order for the company to pay $465 million to address the state’s opioid crisis.
The company argues in an appeal filed Monday that the judge misapplied the state’s public nuisance laws in reaching his decision. The company also maintains that the award should be reduced by $355 million to offset pretrial settlements between the state and two other drugmakers.
“Without explanation, the court found Janssen liable for the entirety of a complex crisis implicating a multitude of criminal, governmental and medical actors,” attorneys wrote in a summary of the case. Janssen is the company’s pharmaceutical subsidiary.
The state of Oklahoma also plans to appeal the judge’s order, arguing that the $465 million it was awarded would only cover one year of its cleanup plan. The state has until Monday to file its appeal.
During the trial, state experts testified that it would cost about $17.5 billion over 30 years to abate the state’s opioid crisis. Attorneys for Johnson & Johnson maintain that figure is wildly inflated.
At the trial, the judge ruled that Johnson & Johnson and its subsidiaries helped fuel the opioid crisis by using an aggressive and misleading marketing campaign that understated the addiction risk of opioids and overstated their effectiveness in treating chronic pain.
Among the brands of opioid drugs the company produced and marketed were Duragesic, Ultram, Ultracet, Nucynta and Tylox. The company also owned two subsidiaries that produced much of the raw opium that other manufacturers used to make opioids.