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Monday, June 1, 2020

FDA OKs emergency use authorization of Aytu BioScience COVID-19 test

US FDA OKs Aytu BioScience (NASDAQ:AYTU+15% emergency use authorization for the COVID-19 IgG/IgM rapid test cassette distributed by the Company.
This is only the fourth lateral flow COVID-19 rapid serology test authorized by the FDA.
Additionally, more than 1.4 million COVID-19 IgG/IgM rapid tests have been delivered to the Company’s warehouse in San Diego and are available for distribution.
https://seekingalpha.com/news/3578956-fda-oks-emergency-use-authorization-of-aytu-bioscience-covidminus-19-test

Scientists hunt pandemic hotspots in race to test vaccines

The first wave of the COVID-19 pandemic may be waning. For vaccine developers, that could be a problem.
Scientists in Europe and the United States say the relative success of draconian lockdown and social distancing policies in some areas and countries means virus transmission rates may be at such low levels that there is not enough disease circulating to truly test potential vaccines.
They may need to look further afield, to pandemic hotspots in Africa and Latin America, to get convincing results.
“Ironically, if we’re really successful using public health measures to stamp out the hot spots of viral infection, it will be harder to test the vaccine,” said Francis Collins, director of the National Institutes of Health in the United States.
A vaccine is seen as essential to ending a pandemic that has killed nearly 370,000 people and infected more than 6 million so far, with world leaders looking at inoculation as the only real way to restart their stalled economies.

But running large-scale clinical trials of potential vaccines against a completely new disease at speed is complex, scientists say. Showing efficacy in those trials during a fluctuating pandemic adds extra difficulty – and doing so when outbreaks are waning makes it harder still.
“For this to work, people need to have a risk of infection in the community. If the virus has been temporarily cleared out, then the exercise is futile,” said Ayfer Ali, an expert in drug repurposing at Britain’s Warwick Business School.
“The solution is to move to areas where the infection is being spread widely in the community – that would be countries like Brazil and Mexico at the moment.”
Vaccine trials work by randomly dividing people into a treatment group and a control group, with the treatment group getting the experimental trial vaccine and the control group getting a placebo.
All participants go back into the community where the disease is circulating, and subsequent rates of infection are compared. The hope is that infections within the control group will be higher, showing the trial vaccine is protecting the other group.

With COVID-19 epidemics in Britain, mainland Europe and the United States coming down from their peak and transmission rates of the coronavirus dropping, a key task for scientists is to chase fluctuating outbreaks and seek volunteers in sections of populations or in countries where the disease is still rife.
A similar problem emerged when scientists were seeking to test potential new vaccines against Ebola during the vast 2014 outbreak in West Africa. Then, drugmakers were forced to drastically scale back plans for large trials because their vaccines were only test-ready late in the epidemic when case numbers were dwindling. reut.rs/36OmkVu
For an interactive graphic tracking the global spread, open tmsnrt.rs/3aIRuz7 in an external browser

LOOKING ABROAD

Among the first COVID-19 vaccines to move into phase two, or mid-stage, trials is one from the U.S. biotech company Moderna (MRNA.O) and another being developed by scientists at Oxford University supported by AstraZeneca (AZN.L). The United States in July is planning to launch vast efficacy trials of 20,000 to 30,000 volunteers per vaccine.
Collins said U.S. health officials will tap government and industry clinical trial networks in the United States first and use mapping to detect where the virus is most active. They will also consider looking abroad if domestic disease rates fall too far, he said.
The U.S. government has experience in Africa of testing vaccines against HIV, malaria and tuberculosis.
“Africa is now beginning to experience lots of cases of COVID-19. We might very well want to run part of the trial there, where we know we can collect the data effectively,” said Collins.
Adrian Hill, director of the Jenner Institute at Britain’s Oxford University which has teamed up with AstraZeneca, started mid-stage trials last month which he said would aim to recruit around 10,000 people in Britain.
He told Reuters that with COVID-19 disease transmission rates dropping in the UK there is a possibility that the trial would have to be halted if they didn’t have enough infections to yield a result.
“That would be disappointing, and at the moment it’s unlikely, but it’s certainly a possibility,” Hill said.

CHALLENGE TRIALS

Underscoring the level of concern in the industry, AstraZeneca’s chief executive Pascal Soriot said his researchers were even contemplating running so-called “challenge” trials – where participants would be given the experimental vaccine and then deliberately infected with COVID-19 to see if it worked. Such trials are rare, high risk and hard to get ethical approval for.
As a more practical and swifter option, Soriot and others are looking to Brazil and other countries in South America, as well as parts of Africa where COVID-19 outbreaks are still growing and peaking, as ripe drug and vaccine testing grounds.
Difficulty recruiting candidates for mid-stage vaccine trials in countries where the COVID-19 pandemic is on the wane may be foreshadowed by the experience of doctors seeking infected cases for the World Health Organization’s multi-country Solidarity trial of potential treatments for the disease – including the generic drug hydroxychloroquine and Gilead’s (GILD.O) remdesivir.
In the Swiss portion of that trial, for instance, it took three weeks to get all of the ethical and regulatory approvals from authorities, and another week to get all the drugs, said Oriol Manuel, an infectious disease expert and national coordinator of the Solidarity study in Switzerland.
“We were able to enroll some patients in (one trial centre in) Lausanne,” Manuel said. “But when all centres were ready, the cases were fortunately disappearing.”
https://www.reuters.com/article/us-health-coronavirus-vaccine-hunt-insig/scientists-hunt-pandemic-hotspots-in-race-to-test-vaccines-idUSKBN2381DT

Bristol Myers launches MS med Zeposia in U.S.

Bristol Myers Squibb (NYSE:BMY) announces the commercial launch of Zeposia (ozanimod) 0.92 mg for the once-daily oral treatment of adults with relapsing forms of multiple sclerosis (MS), including clinically isolated syndrome, relapsing-remitting disease and active secondary progressive disease.
The FDA approved the product on March 25.
https://seekingalpha.com/news/3578930-bristol-myers-launches-ms-med-zeposia-in-u-s

Emergent Bio joins Warp Speed COVID-19 vaccine effort

Emergent BioSolutions (NYSE:EBS) has been issued a task order, valued at ~$628M, under an existing contract with the Biomedical Advanced Research and Development Authority (BARDA), to deploy its contract development and manufacturing (CDMO) capacities, capabilities, and expertise to support the U.S. government’s efforts to accelerate delivery of COVID-19 vaccines.
Emergent will deploy its molecule-to-market CDMO offering, committing manufacturing capacity, valued at ~$542.7M, for production of COVID-19 vaccine candidates through 2021.
Task order also includes an investment of ~$85.5M for rapid expansion of Emergent’s viral and non-viral CDMO drug product fill/finish capacity.
This task order also expands the partnership to include investments in Emergent’s Baltimore Camden and Rockville facilities to advance COVID-19 programs.
https://seekingalpha.com/news/3578929-emergent-bio-joins-warp-speed-covidminus-19-vaccine-effort

Regeneron to expand development deal with Intellia Therapeutics

Shares of Regeneron Pharmaceuticals Inc. REGN, +5.98% were down 0.5% in premarket trading on Monday after the company said it had expanded a collaboration with Intellia Therapeutics Inc. NTLA, -0.05% to include CRISPR/Cas9-based therapeutic targets and a new focus on developing treatments for hemophilia A and B. Intellia’s stock was up 23.6% before the market opened. Regeneron will pay $70 million upfront and make a $30 million equity investment in Intellia at $32.42 per share. Regeneron recently wrapped up a longtime development arrangement with Sanofi SNY, +0.88%. Year-to-date, Regeneron’s stock is up 63.2%, shares of Intellia have gained 19.3%, and the S&P 500 SPX, +0.48% is down 5.7%.
https://www.marketwatch.com/story/regeneron-to-expand-development-deal-with-intellia-therapeutics-2020-06-01

Amarin plans to increase Vascepa awareness

Amarin (NASDAQ:AMRN) intends to increase the promotion and education initiatives regarding VASCEPA (icosapent ethyl) as the only FDA-approved drug for lowering the persistent cardiovascular risk beyond statin therapy for high-risk patients.
Planned promotion and educational efforts include the sponsorship of continuing medical education, social media-based communications, and advertisements on television and other forms of media.
The company also plans increased sponsorship of investigator-initiated research, such as clinical investigation of VASCEPA in the treatment of COVID-19.
Amarin is also planning for international expansion.
https://seekingalpha.com/news/3578917-amarin-plans-to-increase-vascepa-awareness

FDA OKs emergency use Abiomed heart pump for COVID-19-related heart failure

The FDA has signed off on the emergency use of Abiomed’s (NASDAQ:ABMD) Impella RP heart pump for the treatment of hospitalized patients with COVID-19-related right heart failure or decomposition, including pulmonary embolism.
https://seekingalpha.com/news/3578916-fda-oks-emergency-use-abiomed-heart-pump-for-covidminus-19-related-heart-failure