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Thursday, January 30, 2020

Microsoft takes wraps off $40M ‘AI for Health’ initiative

When the topics of Microsoft and global health overlap, one tends to think about the Gates Foundation, but the company itself is doing good work along these lines as well. The latest such effort is AI for Health, a $40 million, five-year outgrowth of Microsoft’s AI for Good program that aims to help apply the benefits of AI with an eye to bettering the health of the less fortunate worldwide.
The new initiative will focus on direct research in the medical AI field (think algorithms for automatically detecting a disease), global health studies (that is, better understanding of how such things could be of use) and improving access (actually putting the algorithms to work).
“AI for Health is a philanthropic initiative that complements our broader work in Microsoft Healthcare,” wrote Microsoft’s John Kahan in a blog post announcing the new program. “We will support specific nonprofits and academic collaboration with Microsoft’s leading data scientists, access to best-in-class AI tools and cloud computing, and select cash grants.”
Kahan points out that modern healthcare is incredibly unevenly distributed, coming near eliminating some diseases and forms of death in some countries, while others are ravaged by the same. That’s not exactly a problem that AI can solve, but there are things that it can do.
For instance, he points out, there are highly effective AI-based screening systems for diabetic retinopathy, a condition millions are at risk of that can lead to blindness. Getting a village access to a mobile phone and eye-inspection attachment is a lot easier and cheaper than dispatching an ophthalmologist.
It’s the goal of AI for Health to help engineer, identify and deploy technologies like that. Part of that is simply a question of cost — many AI experts are in the more general tech sector because that’s where the jobs are. Getting them to cross over to the social-good side means those projects will need to be competitive and successful, which a bit of Microsoft cash might help with.
The company noted a few partnerships that will benefit from the new program, with medical research outfits looking into SIDS, leprosy, diabetic retinopathy as mentioned above, tuberculosis, maternal mortality and, of course that eternal adversary, cancer.
Unfortunately, unlike some of Microsoft’s other grant programs, this $40 million isn’t up for grabs via public applications: It will be working directly with nonprofits and research organizations. But if you’re at one of those organizations, it might be a good time to get in touch with your collaborators in Redmond.
Microsoft takes wraps off $40M ‘AI for Health’ initiative

Limited data may skew assumptions about severity of coronavirus outbreak

Health officials in China, racing to try to contain a fast-growing coronavirus outbreak, are principally recording severe cases of disease, using a case definition that cannot capture patients with mild illness, according to experts familiar with the surveillance efforts.
The approach, the experts told STAT, is likely resulting in both an underestimate in the total number of cases and flawed assumptions about fatality rates calculated by those who ignore the repeated caution that it’s too soon to do that math.
The experts were quick to note that the Chinese are not willfully underreporting cases. Rather, the approach is a testament to how challenging data collection can be during the early days of an epidemic. When thousands of sick people show up at hospitals looking for care, there is no time to go searching for people who have mild symptoms and who have stayed home.
“I think right now things are so chaotic in China it may be hard to collect data on the whole spectrum of illness,” said Michael Osterholm, director of the Center for Infectious Diseases Research and Policy at the University of Minnesota.
Officially, an estimated 20% of cases in China are severely ill, according to the World Health Organization. But that calculation is derived based on known cases, and would not reflect mild, undetected ones.
Without knowing for sure what percentage of cases is severe — and how easily the pathogen that causes the disease can be transmitted — it’s impossible to forecast what might happen if the virus continues to spread globally, the WHO’s emergencies chief, Mike Ryan, told reporters Wednesday.
“We don’t understand either of those parameters well enough to make accurate predictions,” he said. Still, he added a warning for people who are concluding that the virus may be less fatal than some other known pathogens: “A relatively mild virus can cause a lot of damage if a lot of people get it.”
The outbreak has infected upward of 7,700 people on the Chinese mainland, and killed 170 since the new virus, known provisionally as 2019-nCoV, was reported to the WHO on Dec. 31. Nearly 20 other countries have reported diagnosing infections in travelers from the Chinese city of Wuhan, the epicenter of the outbreak, but to date there has been little local spread of the virus in other countries.
WHO Director-General Tedros Adhanom Ghebreyesus and Ryan, who were in China earlier this week to consult with the Chinese government and assess the situation, praised the response by officials there. “The challenge is great but the response has been massive,” Ryan told reporters.
The effort, which is of an unprecedented scale, involves quarantining whole cities that are home to tens of millions of people to try to stop spread of the virus. The WHO is still hopeful, Ryan said, that China will be able to stop the outbreak.
If it cannot — or if exported infections seed outbreaks in other parts of the globe — the world could be looking at a more disseminated epidemic, admitted Tedros, as he is called.
Among other factors, epidemiologists are interested in the severity of the outbreak and what is known as the virus’ “attack rate.” The attack rate means the percentage of people who will develop the disease if it spreads.
With seasonal influenza, the Centers for Disease Control and Prevention estimates between 3% and 11% of people become sick with flu every year. But immune systems have experience with influenza; the attack rate might be higher with a virus that is wholly new to humans.
Likewise it’s unclear how many mild infections are being missed. The Chinese are currently only testing people who are sick enough to seek medical care because they have pneumonia — a criterion that automatically excludes anyone on the mild end of the disease spectrum.
With some diseases, there isn’t much mild illness. In the case of the 2002-2003 SARS outbreak, for example, most people who became infected ended up in hospital, noted Dr. Gabriel Leung, dean of medicine at Hong Kong University and a veteran of that city’s battle against the disease.
It’s clear there are at least some mild cases with this new infection. Many of the 100 or so exported cases are people with mild illness; to date there have been no deaths among these cases. Some of the five cases in the United States are only in hospital to ensure they don’t infect anyone else. Such cases would not be tested in China using the current case definition.
“The look and feel of the exported cases, I think, really support the argument that there’s a lot of mild disease that is not being detected in China at the moment for the very good reason that they just can’t do it,” said Dr. Allison McGeer, who fought SARS in Toronto and helped contain hospital outbreaks of MERS in Saudi Arabia. Both SARS and MERS are coronaviruses, related to the new virus.
McGeer, an infectious diseases researcher at Toronto’s Mount Sinai Hospital, noted the types of studies needed to estimate how much mild disease this virus causes are very difficult to do.
Infectious diseases experts use the analogy of an iceberg when they talk about the spectrum of a disease. The most severe cases represent the tip of the iceberg; they are visible, because they are sick enough that they seek health care.
But the portion of the iceberg that is under water is harder to calculate, especially with a new disease. And without having a clear picture of total cases, it’s difficult to come up with an accurate fatality rate.
Wang Linfa, director of the program in emerging infectious diseases at Duke-NUS Medical School in Singapore, is convinced there are a lot of mild infections. “Mild cases don’t go to hospital and there’s many, many cases that remain to be confirmed,” he said, noting laboratories are struggling to keep up with testing amid a reported shortage of test kits.
Leung agreed: “It looks like the submerged bit of the iceberg is fairly large for this thing.”
Some of the answers China cannot currently generate will come from watching what happens with the exported cases, said Dr. David Heymann, who oversaw the WHO’s SARS response and now teaches at the London School of Hygiene and Tropical Medicine. “Now we are really going to begin to see things,” he said.
Countries outside of China are using a broader approach to testing, looking for anyone who has recently traveled to or from Wuhan who has respiratory symptoms. These people, who the CDC calls “persons under investigation” or PUIs, do not need to have pneumonia in order to be tested.
Limited data may be skewing assumptions about severity of coronavirus outbreak, experts say

Sanofi Sees Positive Results in Two Clinical Trials for Nieman-Pick Disease

Paris-based Sanofi announced that its olipudase alfa had positive results in two different clinical trials for the treatment of acid sphingomyelinase deficiency (ASMD), also known as Nieman-Pick disease. Olipudase alfa is an investigational recombinant human acid sphingomyelinase.
ASMD Type A and Type B, is a rare, progressive and life-threatening disease caused by deficient activity of the enzyme acid sphingomyelinase (ASM). ASM is found in special compartments called lysosomes inside cells, which is required to break down sphingomyelin, which is a type of fat, or lipid. If sphingomyelin isn’t metabolized correctly, it accumulates inside cells, leading to cell death and major organ malfunction. It is caused by mutations in the sphingomyelin phosphodiesterase 1 gene (SMPD1). It is estimated to affect about 2,000 people in the U.S., Europe and Japan.
The U.S. Food and Drug Administration (FDA) granted olipudase alfa Breakthrough Therapy designation and the European Medicines Agency (EMA) has awarded it PRIME designation. In Japan, it was granted the SAKIGAKE designation, which is similar to both the FDA and EMA’s designations.
No treatments are currently approved for ASMD.
The Phase II/III trial investigated 36 adults with ASMD in 24 centers in 16 countries. Patients received either olipudase alfa intravenously or a placebo every two weeks at doses up to 3mg/kg over the course of a year. The trial had two independent primary efficacy endpoints that evaluated different critical manifestations, progressive lung disease and enlarged spleen, both common in ASMD. The trial was deemed positive if one of the primary endpoints was met.
The improvement in lung function endpoint was met, meaning ASCEND was considered positive. It showed a 22% relative improvement from baseline to week 52 for patients receiving olipudase alfa compared to 3% in the placebo arm.
The other primary endpoint, spleen size, was also met. In patients receiving olipudase alfa, spleen volume was decreased by 39.5% compared to 0.5% in the placebo arm.
In the U.S., spleen volume was combined with patient-reported outcome (PRO) of symptoms associated with enlarged spleen called Splenomegaly Related Score (SRS). Compared to baseline, SRS was decreased by 8.0 points in patients receiving the drug and 9.3 points in the placebo arm. This combination endpoint, then, was not met.
“These are important data in a disease with no approved treatments available currently,” said Melissa Wasserstein, chief, Division of Pediatric Genetic Medicine, Children’s Hospital at Montefiore and professor of Pediatrics and Genetics at Albert Einstein College of Medicine. Wasserstein is an investigator in the ASCENT trial.
Wasserstein added, “Treatment with olipudase alfa showed clinically meaningful improvement in pulmonary function and reduction in spleen size, critical manifestations of this progressive disease. Both of these findings are consistent across the clinical studies with olipudase alfa. The absence of an effect on SRS in this trial requires exploration, in light of the significant reduction in spleen size.”
All patients in the trial experienced at least one adverse event, although the number of events was lower in patients receiving the drug than in the placebo arm. Severe adverse events were less common in the olipudase alfa arm, only three events, compared to 13 in the placebo arm. The most common adverse events were headache, nasopharyngitis, upper respiratory tract infection, cough, and arthralgia.
Sanofi plans to present the data at future medical meetings and begin global regulatory submissions in the second half of 2021.
https://www.biospace.com/article/sanofi-reports-positive-data-in-rare-nieman-pick-disease/

Novartis Writes Off Advair Copycat Program, Posts Strong Q4 Results

Swiss pharma giant Novartis is writing off its program to develop a generic copy of GlaxoSmithKline’s blockbuster inhaler, Advair. In its annual report, Novartis said it has stopped working on the years-long project and will record a $442 million impairment charge as a result.
The company quietly disclosed the announcement two years after the U.S. Food and Drug Administration rejected the generic version of Advair brought forth by subsidiary Sandoz. Novartis’ announcement also comes about a year after Mylan won approval for its own generic version of Advair, the first such approval in the United States. Mylan’s approval came one year after the FDA rejected its Advair generic due to “minor deficiencies.” With the Mylan generic on the market already and Advair sales sliding for GSK due, in part to the generic as well as the introduction of other medications like Breo Elipta, Novartis opted to discontinue its program.
Despite the writing off of the Advair generic, 2019 was a fairly good year for Novartis. The company saw five New Molecular Entity approvals, each with the chance to become blockbusters. Those drugs include Piqray, the first drug treatment for breast cancer with a PIKC3A mutation, which was approved in May 2019. In May, Novartis won approval for Mayzent, the first oral drug to treat active secondary progressive multiple sclerosis. Zolgensma, the first gene therapy approved to treat spinal muscular atrophy. That drug was approved with a $2.1 million price tag. The approval was later rocked by a data scandal. In October, Novartis’ Beovu was approved for the treatment of wet age-related macular degeneration (AMD), after it stood up to Regeneron’s Eylea during clinical trials. The company also won approval for Adakveo, next-generation treatments for sickle cell disease. Specifically, the drug was approved to decrease the frequency of vaso-occlusive crises in sickle cell disease patients. Additionally, Novartis submitted regulatory filings for several major drugs, including inclisiran, and the company had more than 30 readouts supporting submissions or enabling transition to Phase III, the company said in its financial report.
“Our pipeline remains rich including many 2020 catalysts and we expect to maintain innovation momentum,” the company said.
Novartis Chief Executive Officer Vas Narasimhan called 2019 an exceptional year.
Strong sales growth drove double-digit increases in core operating income and free cash flow. Significant margin expansion puts us on track to reach mid to high 30s core margin for Innovative Medicines in the mid-term. We launched an unprecedented five new molecular entities in 2019 and advanced a breadth of early programs in our pipeline that address significant unmet needs. Looking ahead, we expect to sustain our long-term growth and margin expansion driven by our in market growth drivers and the 15 ongoing or upcoming major launches, while advancing our rich pipeline,” Narasimhan said in a statement.
Net sales during the fourth quarter were $12.4 billion, an increase of 8%. That was driven primarily by sales of Entresto, Zolgensma, Cosentyx and Kisqali. Entresto generated $518 million in sales, up 65% and the SMA treatment earned $186 million in the quarter. Cosentyx generated $965 million, up 21% and Kisqali earned $155 million, a 166% growth, the company said.
Net sales for Sandoz were $2.5 billion. Novartis said it continues to expect the previously-announced divestment of the Sandoz US oral solids and dermatology portfolio to be completed in the first quarter of 2020. In 2018, Aurobindo plunked down $1.6 billion to acquire that section of Novartis’ generics business.
https://www.biospace.com/article/novartis-writes-off-advair-generic-program/

Inovio up 12% on coronavirus vaccine plan

Inovio Pharmaceuticals (INO +12.3%) is up on a 4x surge in volume in response to its announced collaboration with Beijing Advaccine Biotechnology Co. aimed at advancing INO-4800, its vaccine candidate against 2019-nCoV, the virus causing the current outbreak.
Inovio is developing INO-4800 through Phase 1 in the U.S. with the support of an initial $9M grant from the Coalition for Epidemic Preparedness Innovations (CEPI).
The goal of the partnership with Advaccine is to accelerate development by conducting a parallel Phase 1 study in China.
https://seekingalpha.com/news/3536421-inovio-up-12-on-coronavirus-vaccine-plan

Stocks slide after U.S. virus transmission confirmed

Stocks bounce down again after the Centers for Disease Control and Prevention, along with Illinois public health officials, confirm the first case of person-to-person transmission of the coronavirus in the U.S.
The S&P 500 loses 0.7%, the Nasdaq falls 0.8% and the Dow dips 0.6%.
The 10-year Treasury rises further, pushing yield down almost 5 basis points to 1.54%.
Crude oil drops 2.9% to $51.79 per barrel and gold rises 0.9% to $1,589.90 per ounce.
The so-called fear index, the Cboe Volatility Index, advances 7.3% to 17.58.
Among S&P 500 sectors, communication services (-1.9%), materials (-1.7%), and health care (-1.6%) fare the worst, while utilities (+0.4%), consumer staples (+0.2%) and real estate (+0.1%) are the only sectors notching gains.
In overseas markets, the Stoxx Europe 600 closes down 1.0%, and the FTSE 100, the DAX, and CAC 40 each fell 1.4%.
U.S. Dollar Index slips 0.2% to 97.83.
https://seekingalpha.com/news/3536472-stocks-slide-after-u-s-virus-transmission-confirmed

Roche forecasts 2020 growth, helped by new drugs and China

Swiss drugmaker Roche expects sales and profits to rise this year as demand for new drugs and more business in China offsets declines in older medicines whose patents have expired.

For 2019, the company reported on Thursday a jump in net profit to 14.1 billion Swiss francs ($14.6 billion) from 10.9 billion a year earlier, when the drugmaker’s bottom line was hit by a series of goodwill write-offs.
Sales rose 9% at constant exchange rates to 61.5 billion francs and Roche forecast an increase in the low- to mid-single digits for 2020, with core earnings per share growth broadly matching that.
Sales of Roche’s newer drugs including Ocrevus for multiple sclerosis, Hemlibra for haemophilia A and cancer immunotherapy Tecentriq have accelerated.
That is mitigating pressure on its $20 billion trio of biotech cancer medicines Rituxan, Herceptin and Avastin which are now exposed to copies, or “biosimilars,” in Europe, and increasingly, the United States.
“For 2020, we see our newer products growing with the same dynamic, though we expect to have a bigger hit from biosimilars in the United States,” Chief Executive Severin Schwan told reporters.
“But our newer products are selling very well and we expect to be able to more than compensate for the biosimilar impact.”
Roche shares were up slightly to 326 Swiss francs at 1430 GMT, the only benchmark Swiss Market Index stock in positive territory, as analysts said Schwan’s optimism eased investor fears.
Roche also proposed raising its dividend to 9 francs per share.
BIOSIMILAR TERROR
“The spectre of biosimilars has lost its terror, the market can once again concentrate fully on the innovative developments,” said Zuercher Kantonalbank analyst Michael Nawrath.
Hemlibra sales rose six-fold to 1.4 billion francs, Ocrevus rose nearly 60% to 3.7 billion and Tecentriq, Roche’s late-to-market cancer immunotherapy, more than doubled to 1.9 billion.
Among older drugs, Avastin’s sales rose 4% to 7.1 billion francs, but it faces its first European biosimilar rival this year. Herceptin slipped 12% to 6 billion francs, while Rituxan sales fell 4% to 6.5 billion.
Roche’s Chinese sales rose nearly 18% last year, despite a dip in the final three months on destocking. Roche called that a blip, and forecast double-digit sales growth this year.
Schwan said Beijing’s aim was clear – to catch and eventually surpass the U.S. life sciences industry via billions in investments in basic research, stronger intellectual property protections and regulations that speed medicines from foreign companies like Roche, and also local players, to market.
“China sees itself as a future life sciences champion,” Schwan said. “When we talk to the Chinese, they say … ‘Help us beat the Americans with drug approvals.’ ”

https://www.marketscreener.com/ROCHE-HOLDING-AG-9364975/news/Roche-forecasts-2020-growth-helped-by-new-drugs-and-China-29911582/