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Tuesday, June 2, 2020

Novacyt announces strong ramp in COVID-19 test sales

Novacyt (OTC:NVYTF) provides an update on its polymerase chain reaction (PCR) test for COVID-19.
As of 1 June, COVID-19 test sales were €45M (£40M).
The company has received orders for, or been contracted to deliver, a further €90M (£80M) of its COVID-19 test.
During H2, additional COVID-19 related sales are expected from Company’s new products, Exsig Direct and Exsig Mag, and from mobile testing solution. Both Exsig extraction reagents will launch during June and the mobile COVID-19 system will launch in July.
Also, the company has earned a contract for the supply of 1.5M tests in Zimbabwe. The initial purchase order for the first 500,000 tests has been received and will be shipped immediately.
Haute Autorité de Santé, an advisor the French government on medical reimbursement, did not approved company’s COVID-19 test for reimbursement in France.
Novacyt has secured registrations and regulatory approvals in the following new markets for its COVID-19 test: Panama, Ecuador, Columbia, Peru, Paraguay and the UAE.

FDA OKs emergency use of Philips monitors for COVID-19 use

The FDA has signed off on emergency use of Royal Philips’ (PHG -0.6%) Intellivue Patient Monitors MX750/MX850 and Intellivue Active Displays AD75/AD85 for remotely monitoring hospitalized COVID-19 patients.
The devices were CE Mark’d last year and are in use in hospitals across Europe.
https://seekingalpha.com/news/3579576-fda-oks-emergency-use-of-philips-monitors-for-covidminus-19-use

Moderna highlights pipeline progress at Science Day event

Moderna (NASDAQ:MRNA) is hosting its third annual Science Day event today during which it will virtually present advances in its platform science and vaccines. Highlights:
T7 RNA polymerase engineered not to produce double-stranded RNA impurities (a technical issue in the production of mRNA therapeutics).
Update on research in delivery science to optimize its lipid nanoparticles, specifically, an engineered lipid that enhances its interactions with mRNA. It will be used with candidate mRNA-3745 for glycogen storage disease type 1a.
Company’s mRNA platform enabling rapid design and clinical testing of HIV-1 vaccine (designed to deliver an engineered HIV immunogen).
Pipeline consists of 23 mRNA candidates. 13 clinical trials in process.
https://seekingalpha.com/news/3579508-moderna-highlights-pipeline-progress-science-day-event

Monday, June 1, 2020

Sign here first: U.S. salons, gyms, offices require coronavirus waivers

As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering.
From hair salons and recreation centers to stock exchanges and wedding photographers, the notices have sprung up across the country, asking guests to acknowledge they might contract a disease that has so far killed over 100,000 Americans.

Companies are using signs, forms and website postings as a shield against lawsuits, but the measures do not prevent people from seeking damages due to negligence, the same way someone might sue after falling on a slippery floor or getting sick from walls covered in lead paint, experts said.
Lawyers said it would be tough to prove a business caused a customer’s illness, but concerns are so intense that a waiver may soon become the new normal.

Entities including the YMCA of Greater Oklahoma City, a real estate agency in Arizona, a racecar speedway in Seinsgrove, Pennsylvania, and the New York Stock Exchange have introduced waivers disavowing responsibility for anyone who might contract the disease onsite, Reuters has learned.
Missoula, Montana-based lawyer Paige Marie Griffith created a waiver for COVID-19, the respiratory illness related to the novel coronavirus, that business owners can buy and customize online. Events industry workers, including makeup artists and wedding photographers, are using them, she said.
“As essential as we feel, everyone getting their hair done is choosing to do so,” said Cody Brooke, who owns 10th Avenue Hair Designs in Pensacola, Florida. “We don’t want the salon or stylist to be held liable knowing that they chose to come in.”
Since reopening on May 11, the salon requires clients to sign a form stating they have no COVID-19 symptoms and have not visited a “hot spot” with high infection rates in the last 30 days. It releases the salon from liability for “unintentional exposure” to the virus.
Ryan Reiffert did not mind signing a waiver recently for the gym where he practices martial arts near San Antonio, Texas. He had symptoms in March and later learned from antibody testing that had likely contracted the virus.

“But even if I hadn’t had it,” he said, “I’d happily sign the waiver.”
A gym attendant sprayed disinfectant on Reiffer’s hands and feet before he could enter, he said.
Bigger companies are taking similar steps.
Walt Disney Co’s website cites “severe illness and death” risks for customers at its Orlando, Florida, amusement parks due to reopen on July 11th.
That warning did not deter the throngs who waited for hours to buy Mickey Mouse swag or apparel from familiar brands outside the Disney Springs shopping center that reopened on May 20.
A Disney spokeswoman did not respond to a request for comment.
New York Stock Exchange-owner Intercontinental Exchange Inc and commodities exchange CME Group Inc also require entrants to sign waivers. Floor traders at the exchanges have historically shouted in close proximity to one another, sans masks, but that has changed.
“I cannot stress enough that we will not be able to guarantee the safety of traders, clerks or other trading personnel that choose to access the trading floor,” said CME Chief Executive Terry Duffy. “It will have risk and will continue to have risk until there is a vaccine or some other cure for this disease.”
https://www.reuters.com/article/us-health-coronavirus-disclaimers-busine/sign-here-first-u-s-salons-gyms-offices-require-coronavirus-waivers-idUSKBN238298

Official medical examiner report rules homicide in George Floyd’s death

The county medical examiner overseeing George Floyd’s case in Minnesota ruled his death a homicide in a report released Monday.
“Cause of death: Cardiopulmonary arrest complicating law enforcement subdual, restraint, and neck compression,” according to the official report by the Hennepin County Medical Examiner’s Office.
“Manner of death: Homicide. How injury occurred: Decedent experienced a cardiopulmonary arrest while
being restrained by law enforcement officer(s),” the report said.
It added that it also found while performing an autopsy on the 46-year-old black man “other significant conditions: Arteriosclerotic and hypertensive heart disease; fentanyl intoxication; recent methamphetamine use.”
The report noted, “Manner of death classification is a statutory function of the medical examiner, as part of death certification for purposes of vital statistics and public health. Manner of death is not a legal determination of culpability or intent, and should not be used to usurp the judicial process.
“Such decisions are outside the scope of the Medical Examiner’s role or authority.”
The issuance of the report came just several hours after private medical examiners hired by Floyd’s family said he was the victim of homicide caused by pressure to his neck and back by white cops during a routine bust in Minneapolis on March 25.
https://nypost.com/2020/06/01/official-me-report-rules-homicide-in-george-floyds-death/

Trump mobilizes US military to end unprecedented riots

President Trump on Monday invoked a law from 1807 allowing him to send military forces to states rocked by unrest over the death of George Floyd in a sudden White House Rose Garden address interrupted by the sounds of protestors being cleared out by police nearby.
“We cannot allow the righteous cries of peaceful protesters to be drowned out by an angry mob,” Trump said, declaring himself the “president of law and order” while blaming extremist groups such as Antifa for the unrest.
“I am mobilizing all available federal resources, civilian and military, to stop rioting and looting, to end the destruction,” he said, immediately mobilizing the Insurrection Act of 1807, which allows him to deploy troops anywhere across the nation — the first time its been invoked in more than 200 years.
“If a city or state refuses to take the actions that are necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve the problem for them,” Trump said of the act.
Under the Civil War-era Posse Comitatus Act, federal troops are prohibited from performing domestic law enforcement actions such as making arrests, seizing property or searching people. In extreme cases, however, the president can invoke the Insurrection Act, also from the Civil War, which allows the use of active-duty or National Guard troops for law enforcement.
The president’s last-minute address was an incredible juxtaposition to the scene outside, where a series of military vehicles rolled out front on Pennsylvania Avenue and military police and law enforcement clashed with protesters at Lafayette Park, firing tear gas, flash bangs, rubber bullets and pepper spray on a large but peaceful crowd.
Trump described the scenes of violent rioting and looting which have rocked the nation for the past week as a “total disgrace” and said anyone who didn’t respect curfew orders would be “prosecuted to the fullest extent of the law.”
“I am taking these actions today to reaffirm resolve and with a true and passionate love for our country, by far our great days lie ahead,” he said as chaos unfolded in the streets around the White House.
Following his address, Trump walked out of the front of the White House gates, through Lafayette Park to Washington’s historic St John’s Episcopal Church which was partly destroyed in a fire lit by rioters on Sunday evening.
The president posed for photos outside the boarded-up church, holding a Bible and flanked by his White House staff including press secretary Kayleigh McEnany and chief of staff Mark Meadows where protesters were demonstrating just moments before.
The police made the aggressive advance on more than a thousand protesters outside the executive address following days of unrest across the nation over the death of George Floyd in police custody.
Earlier Monday, President Trump lashed into governors for their response to the week-long crisis — calling them “weak” and telling them to needed to take control of the unrest following Floyd’s death.
https://nypost.com/2020/06/01/president-trump-mobilizing-us-military-to-end-george-floyd-riots/

FDA Action Alert This Week: Foamix, Immunomedics and Merck

Although the U.S. Food and Drug Administration (FDA) is very busy dealing with emergency use approvals for diagnostics and possible treatments for COVID-19, it is still evaluating and approving therapies for non-COVID-19 indications. Here’s a look at this week’s calendar.
Foamix’s FMX103 for Rosacea
Foamix, now a subsidiary of Menlo Therapeutics, had a target action date of June 2, 2020 for FMX103, a topical treatment for moderate-to-severe papulopustular rosacea. The FDA approved it on Friday, May 29, under the brand name Zilxi.
On February 18, the company announced integrated efficacy data on the two pivotal Phase III trial of FMX103 (minocycline, 1.5% foam). Those studies compared FMX103 to vehicle, which is essentially a placebo. The studies were identical with 1,522 subjects, and 1,009 received FMX103 and 513 received vehicle. The data evaluated the results after 12 weeks of once-a-day application.
In the combined analysis, FMX103 showed statistically significant benefit compared to vehicle foam on both primary endpoints, which were reduction of inflammatory lesion counts from Baseline to Week 12 and IgA treatment success defined as an IGA score of 0 (clear) or 1 (almost clear) and at least a 2-grade improvement at Week 12.
Papulopustular rosacea is a chronic skin disease causing inflammatory lesions on the nose, cheeks, chin and forehead.
“This is the only product containing minocycline approved by the FDA for rosacea,” said Iain Stuart, Menlo’s chief scientific officer. “The availability of a novel topical formulation of this molecule underscores our efforts to provide innovative treatment options for patients who suffer from difficult to treat skin conditions.”
The Foamix and Menlo merger completed on March 9. Foamix’s management team will run the company, led by David Domzalski as chief executive officer.
Immunomedics’ Sacituzumab Govitecan for Triple-Negative Breast Cancer
Immunomedics had a target action date of June 2 for its resubmitted Biologics License Application (BLA) for sacituzumab govitecan for treatment of patients with metastatic-negative breast cancer (mTNBC) who received at least two previous therapies for metastatic disease. The FDA approved the drug on April 22 under the name Trodelvy. It is the first antibody-drug conjugate (ADC) approved by the FDA specifically for relapsed or refractory mTNBC and also the first FDA-approved anti-Trop-2 ADC.
The drug was granted Breakthrough Therapy Designation and Priority Reviews. It was approved under the agency’s Accelerated Approval Program based on the objective response rate (ORR) and duration of response (DoR) observed in a single-arm, multicenter Phase II trial. Continued approval is based in verification of clinical benefit in the confirmatory Phase III ASCENT trial, which was recently halted by the independent Data Safety Monitoring Committee after compelling evidence of efficacy was observed across multiple endpoints.
“The approval of Trodelvy, the first ADC approved specifically for metastatic TNBC, an aggressive cancer with a poor prognosis and few effective therapies, will give clinicians a novel tool for treating patients with this disease,” said Aditya Bardia, director of Precision Medicine at the Center for Breast Cancer, Massachusetts General Hospital Cancer Center and assistant professor of Medicine at Harvard Medical School. Bardia was the lead investigator of the Phase II trial.
Bardia went on to say, “In our trial, Trodelvy demonstrated clinically meaningful responses in patients with difficult-to-treat metastatic TNBC and moves the needle towards better outcomes for patients with metastatic breast cancer.”
Merck’s Recarbrio for Bacterial Pneumonia
Merck has a target action date of June 4 for its supplemental New Drug Application (sNDA) for Recarbrio (imipenem, cilastatin, and relebactam) for adults with hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia (HABP/VABP) caused by certain susceptible Gram-negative microorganisms. The submission was built on data from the pivotal Phase III RESTORE-IMI 2 trial in adults with HABP/VABP.
The drug was originally approved in July 2019 by the FDA for the treatment of complicated urinary tract infections (cUTI), including pyelonephritis and complicated intra-abdominal infections (cIAI) caused by susceptible Gram-negative bacteria in adults with limited or no alternative treatment options.
“This submission reinforces Merck’s continued dedication to researching and developing potential antibiotic treatment options which address unmet medical needs,” said Nicholas Kartsonis, senior vice president, clinical research, infectious diseases and vaccines, Merck Research Laboratories, in a February 2020 announcement. “We are unwavering in our commitment to evaluate treatments for infections caused by certain Gram-negative pathogens.”
https://www.biospace.com/article/fda-action-alert-foamix-immunomedics-and-merck/