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Monday, December 16, 2019

5 updates on Apple’s healthcare push

Over the past few months, Apple has made several strides in the healthcare market. Along with pursuing its healthcare efforts with the Apple Watch, the tech giant has also teamed up with EHR giant Allscripts.
Here are five updates on Apple:
1. Apple is working with Color, a genetic testing company, to provide its employees with free genetic screenings for diseases in the tech giant’s onsite health clinics.
2. Apple opened enrollment for three health studies, each designed and conducted in partnership with leading academic and research institutions, via the new Research app, available for download as of Nov. 14.
3. Apple’s Health Records feature for iPhone is now available to veterans as part of the technology giant’s partnership with the Department of Veterans Affairs.
4. Apple Health Records is now available to Allscripts Sunrise, TouchWorks and Professional EHR clients and their patients.
5. In partnership with Stanford (Calif.) University School of Medicine, Apple published Nov. 13 a study indicating its Apple Watch can safely detect heart irregularities.

Ad Com Tues. for AstraZeneca’s Lynparza for pancreatic cancer maintenance

The FDA’s Oncologic Drugs Advisory Committee will meet on Tuesday, December 17, to review and discuss AstraZeneca’s (AZN +2%) marketing application for Lynparza (olaparib) for the maintenance treatment of adult patients with deleterious or suspected deleterious gBRCAm metastatic adenocarcinoma of the pancreas whose disease has not progressed on first-line platinum-based chemotherapy.

FDA Ad Com this week for Epizyme’s tazemetostat for epitheloid sarcoma

The FDA’s Oncologic Drugs Advisory Committee will meet on Wednesday, December 18, to review and discuss Epizyme’s (EPZM +3.6%) marketing application for tazemetostat for the treatment of patients with metastatic or locally advanced epithelioid sarcoma not eligible for curative surgery.

Agios Pharma’s Tibsovo nabs accelerated review in U.S. for type of MDS

The FDA designates Agios Pharmaceuticals’ (NASDAQ:AGIO) Tibsovo (ivosidenib) a Breakthrough Therapy for the treatment of adult patients with relapsed/refractory myelodysplastic syndrome (MDS) with a susceptible IDH1 mutation.
Breakthrough Therapy status provides for more intensive guidance from the FDA on development, the involvement of more senior agency personnel and a rolling review of the marketing application.
Tibsovo is currently approved in the U.S. for certain IDH1-positive leukemia patients.
Shares up 6% after hours.

Adial Pharma up 18% on new U.S. patent covering lead drug

Thinly traded nano cap Adial Pharmaceuticals (ADIL +18.2%) is up on a healthy 30x surge in volume, about 1.3M shares, in reaction to its receipt of a Notice of Allowance from the USPTO for a method of use patent covering lead candidate AD04 for the treatment of alcoholism.
The patent covers a method of treating alcohol use disorder with AD04 in patients with a specific serotonin biomarker.

FDA Action Alert: Correvio, Intra-Cellular and Amarin

The U.S. Food and Drug Administration (FDA) is wrapping up 2019 with a few PDUFA dates. Here’s a look.
Correvio Pharma’s Brinavess for Atrial Afibrillation
Correvio Pharma Corp., based in Vancouver, British Columbia, has a target action date of December 24, 2019 for its resubmitted New Drug Application (NDA) for Brinavess (vernakalant hydrochloride, IV). This is an antiarrhythmia drug for the rapid conversion of recent onset atrial fibrillation (AF) to sinus rhythm in adults.
The NDA was built on data from SPECTRUM, a post-authorization safety study conducted in Europe of 1,778 unique patients across a total of 2,009 treatment episodes after dosing of Brinavess. The data showed that Brinavess successfully converted 70.2% of the treated AF patients into normal sinus rhythm. It also demonstrated a median time to conversion of 11 minutes from the start of the first infusion in the patients who were successfully converted.
Brinavess is already approved for marketing in Europe, Canada and several other countries. It is approved in the EU for rapid conversion of recent onset atrial fibrillation to sinus rhythm in adults for non-surgery patients who had AF less than 7 days duration, for post-cardiac surgery patients with AF less than 3 days duration. It is not yet approved in the U.S.
On December 10, an FDA advisory committee met and voted 11 to 2 against recommending approval of Brinavess, citing safety concerns. The FDA is not required to follow the recommendations of its adcoms, but typically does.
Intra-Cellular Therapies’ Lumateperone for Schizophrenia
New York-based Intra-Cellular Therapies has a target action date of December 27 for its NDA for lumateperone for schizophrenia. This is actually three months after the initial PDUFA date after a planned submission of non-clinical data was viewed to be a major amendment to the NDA. The data was generated from toxicology data in animal studies. The company indicates that the metabolic pathway involved and the metabolites formed, are different in humans and animals and as a result, the animal findings are not relevant to humans.
Lumateperone selectively and simultaneously modulates serotonin, dopamine, and glutamate, three neurotransmitter pathways implicated in severe mental illness. It is a potent serotonin 5-HT2A receptor antagonist, a dopamine receptor phosphoprotein modulator (DPPM) acting as a presynaptic partial agonist and postsynaptic antagonist at dopamine D2 receptors, a dopamine D1 receptor-dependent indirect modulator of glutamate, and a serotonin reuptake inhibitor.
Amarin’s Vascepa For Reducing Heart Attack and Stroke Risk
Vascepa Corporation has a target action date of December 28 for its fish oil-based drug Vascepa (icosapent ethyl) for its supplemental NDA (sNDA) related to the REDUCE-IT cardiovascular outcomes trial. Currently, Vascepa is indicated as an adjunct to diet to reduce triglyceride (TG) levels in adults with severe hypertriglyceridemia.
On November 14, the FDA’s Endocrinologic and Metabolic Drugs Advisory Committee (EMDAC) voted unanimously 16 to 0 to recommend approval of the drug for the indication and label expansion to reduce the risk of cardiovascular events in high-risk patients. This recommendation was based on results from the REDUCE-IT cardiovascular outcomes trial.
The agency is not required to go along with adcom recommendations, although they often do—particularly when they’re unanimous.
REDUCE-IT was a global CV outcomes trial that prospectively evaluated the effect of the drug in adults with LDL-C levels between 41 and 100 mg/dL that were controlled by statins and had various CV risk factors such as persistent elevated TG between 135-499 mg/dL and either established CV disease or diabetes, and at least one other CV risk factor. The trial ran for seven years and was completed in 2018. It tracked 8,179 patients at 400 clinical sites in 11 countries. The results were published in the journal Clinical Cardiology in March 2018 and subsequently the primary results were published in The New England Journal of Medicine in November 2018.

Novartis Loses Some of Its Patent Protection for Kymriah

Novartis AG (NOVN.EB) said that, together with a partner, it has decided to revoke a patent that helped protect the intellectual property of its cell therapy Kymriah after a challenge by two non-governmental organizations.
In a letter dated to the end of November, lawyers representing the owners of the patent asked the European Patent Office to retract the protection.
The revocation decision follows a challenge by two non-governmental organizations–Public Eye and Medecins du Monde–filed at the EPO. They opposed the patent on grounds that the technology behind Kymriah–a type of cancer treatment known as CAR-T therapy–wasn’t novel. In September, lawyers withdrew a pending application for another Kymriah patent without providing any reason.
Patrick Durisch, health policy expert at Public Eye, told Dow Jones Newswires on Monday that the high costs associated with Kymriah–which has a list price of $475,000 in the U.S.–motivated the challenge.
He hoped that, following the setback, the Swiss drug maker’s negotiating position would be weakened, allowing national governments to strike better deals for the treatment.
In the revocation letter, layers representing the patent owners said that their opponents’ arguments are “without merit.”
In a separate statement, a Novartis spokesman said that the patent wasn’t critical for Kymriah’s continued development or marketing. The intellectual property is owned by the University of Pennsylvania and exclusively licensed to the pharmaceutical company.
“The important thing is to send a signal,” Mr. Durisch said. “It’s not about abolishing the patent system, it’s about correcting abuses.”
The policy expert added that there was still a lot of potential for patents in the field of cell therapy, but that they should only be granted when there was some merit behind the claims.