Search This Blog

Monday, November 9, 2020

Vaccine Efficacy Data!

Earlier this morning, Pfizer and BioNTech announced the first controlled efficacy data for a coronavirus vaccine. And the news is good.

You may recall that these vaccine trials are set up to get to a defined number of coronavirus cases overall, at which time the various monitoring committees lock the door and unblind the data to have a look at how things are going. Pfizer’s original plan (as mentioned in that post) was the most aggressive of them all – they were planning to take their first look once they hit 32 cases. But one of the things we learned from this morning’s press release is that the company and the FDA changed that, dropping the 32-case read in favor of a 62-case read. By the time they finished those negotiations, though, the number of cases had reached 94, so we actually have a much more statistically robust look than we would have otherwise. And the split between placebo-group patients and vaccine-arm patients is consistent with greater than 90% efficacy. That number will come into better focus, but I hope that we can continue to take 90% as the lower bound.

The final analysis of the trial is set for a 164-case level, and that should be reached sooner than we might have thought. The higher number of cases in this current readout is surely because the coronavirus pandemic is itself at the “uncontrolled spread” stage in much of the Northern hemisphere. Remember the worries about whether companies would have to move their trials around to find places where the disease was still spreading? Seems like a long time ago, and as things have worked out you can (unfortunately) run your vaccine trial pretty much anywhere you like.

More details: these numbers are from 7 days after the second dose of the vaccine (28 days after the first dose overall). Going forward, they plan to collect data at 14 days after the second dose to make the statistics more comparable to the other ongoing vaccine trials. Pfizer/BioNTech say that the protection looks like it should last at least a year – no numbers on that yet, but it can only be based on neutralizing antibody titers and/or T-cell levels and their change over time. The only way to get better numbers on that is to wait and collect better numbers; there is absolutely no way to tell without waiting to see. But if we’re already out to about a year’s protection, that’s very good to hear. And this is the time to mention that nothing has (so far) been set off on the safety side, “no serious concerns”. But the only way to collect longer-term safety data is to keep watching over that longer term as well. I suspect that we’re still going to see plenty of fevers and very sore arms after injection (with this and the other vaccines), and I say bring them on, then.

What does this mean for the pandemic vaccine effort in general? The first big take-away is that coronavirus vaccines can work. I have already said many times (here and in interviews) that I thought that this would be the case, but now we finally have proof. The worst “oh-God-no-vaccine” case is now disposed of. And since all of the vaccines are targeting the same Spike protein, it is highly likely that they are all going to work. There may well be differences between them, in safety, level of efficacy across different patient groups, and duration, but since all of them have shown robust antibody responses in Phase I trials, I think we can now connect those dots and say that we can expect positive data from all of them.

Having the Pfizer/BioNTech candidate read out first has some other implications. One that may (or may not!) get lost in the excitement is that Pfizer explicitly and publicly did not take US government funding for this effort. In fact, they said at the time that working in the “Operation Warp Speed” framework would likely slow them down, and it looks like they can make a case for that! Not all the victory laps that people are going to try to take for this will be justified (and wasn’t that ever the case, right?)

But the other thing to keep in mind is that this candidate has (so it appears) by far the most challenging distribution of all of them. The Pfizer/BioNTech candidate, last we heard, needs -80C storage, and that is not available down at your local pharmacy. Pfizer has been rounding up as many ultracold freezers (and as much dry ice production) as they can, but there seems little doubt that this is going to be a tough one. I know that the press release talks about getting 1.3 billion doses of this vaccine during 2021, but actually getting 1.3 billion doses out there is going to take an extraordinary effort, because you’re getting into some regions where such relatively high-tech storage and handling becomes far more difficult. Population density is as big a factor as electricity and transport infrastructure. With demanding storage requirements, the more people that are within a short distance of a Big Really Cold Freezer, the better. And the more trucks (etc.) that you have to send down isolated roads to find the spread-out patients, the worse. That’s always the case, but if you’re rushing against dry-ice-pack deadlines the situation is more fraught.

What are the regulatory consequences (as discussed here)? The press release says that the companies expect to reach the required safety data (two months after dosing) in the third week of November, and that they plan to file for an Emergency Use Authorization (EUA) after that. The complex rollout of this vaccine itself (see below) may mean that such an EUA, if granted, will not have as much of an immediate effect on the other trials, but this is still an open question, and there seems to be a good deal of debate at the FDA itself about how to handle things. I would assume that any EUA would be directed at the very highest-need populations; we’re not going to see a country-wide effort to vaccinate the population until sometime in 2021.

Remember as well that the efficacy levels we’re seeing this morning are after the second dose. If everyone magically got the vaccine this morning, we still wouldn’t all be able to breath easy for nearly a month. And we are not all getting it this morning, for sure. It’s obvious that the pandemic is ripping through a long list of countries right now – cases are rising steeply, hospitalizations right behind, and although we’re better at treating the patients than we were, deaths are inevitably going up as well. This is all going to get worse before it gets better – but the good news here is that it really is going to get better. Keeping your head down, wearing masks and keeping your distance is more valuable than ever, because there’s an actual finish line in sight that you have to reach. Hang on for the vaccine – for the vaccines – because they really are coming.

We’re going to beat this. We’re starting to beat it right now. An extraordinary, unprecedented burst of biomedical research – huge amounts of brainpower, effort, money and resources – has come through for the world.

--Derek Lowe

https://blogs.sciencemag.org/pipeline/archives/2020/11/09/vaccine-efficacy-data

COVID-19 could depress 2021 Medicare Advantage payments

  • The drop-off in utilization during the COVID-19 pandemic could lead to reduced payments to Medicare Advantage health plans next year, a new analysis of claims data by Avalere Health concludes.
  • Depending on 2021 utilization trends, overall payments could drop between 4% and 6% due to Medicare risk scores that will likely be adjusted downward, the consulting group said.
  • Moreover, Avalere warned that MA plans should brace themselves for dealing with chronically ill enrollees whose overall health has declined due to foregoing care during the pandemic, meaning they could require more services over the longer term.

The COVID-19 pandemic has had immediate but disparate impacts on providers and payers. The former was hit hard by a precipitous drop in patient volume, while the latter mostly boasted huge windfall profits due to the drop in utilization along with continued collection of premiums.

However, health plans could see their days of COVID-19-related profit wane next year, as the drop in utilization of healthcare services could impact their rapidly growing books of MA business. About 24 million Medicare recipients are enrolled in MA, up more than 43% since 2015. Several big plans have ambitiously expanded their offerings for 2021.

The storm clouds ahead are based on medical risk adjustments made for each MA enrollee, based on their overall health and claims made to Medicare for healthcare services. Claims data between July 2019 and June 2020 will be used to determine 2021 benchmarks, which includes the months when utilization trends were hit hardest by the pandemic.

Risk adjustment is so critical to the Medicare Advantage business that some health plans, such as Cigna, have been accused by federal authorities of abusing those scores for profit.

"Fewer claims in 2020 could mean lower risk scores, even though the health status of enrollees has not changed," Avalere said in its analysis. Overall claims dropped 66% last April compared to April 2019 — a trend that continued well into the summer. Although telehealth claims more than quadrupled last April compared to the prior year, the baseline number was so small to begin with that it barely moved the needle in terms of boosting overall claims.

Moreover, Avalere concluded that the number of MA enrollees with at least one medical claim dropped 47% in April compared to April 2019.

As a result, overall risk scores could drop nearly 2.4% in 2021. That translates to payment drops ranging from 4.2% to 6.14%, depending on how utilization rebounds in 2021. The biggest payment drops would take into consideration a wave of COVID-19 so severe that utilization actually declines in June 2021 compared to the prior year.

There is a silver lining to the MA market: CMS has proposed changes that could bump up capitated payments by more than 2% in 2022.

Along with decreased payments, MA plans may have to cope with the double whammy of having to care for sicker enrollees.

"Because many enrollees with chronic illnesses have not seen their providers during the pandemic, their disease states could worsen, increasing the need for more expensive interventions," 'Avalere said. "At the same time, plans may be facing lower payments and challenges managing care due the ongoing spread of COVID-19. Plans will need to continue to adjust their strategies to account for the longer-term implications of deferred care and use telehealth and other flexibilities to mitigate the impacts."

https://www.healthcaredive.com/news/covid-19-could-depress-2021-medicare-advantage-payments-analysis-suggests/588602/

Indian demand for COVID-19 drug remdesivir rising sharply - Cipla

Demand for COVID-19 antiviral drug remdesivir is rising sharply in India, a top executive at drugmaker Cipla Ltd said on Monday, even as experts remain divided over its effectiveness.

Remdesivir was developed by U.S. drugmaker Gilead Sciences Inc, which cut its 2020 revenue forecast last month, citing lower-than-expected demand and difficulty in predicting sales of the treatment. Cipla is among several firms licensed to make and sell generic versions in developing nations.

Cipla's version, Cipremi, was commercially launched in July and costs just above $50 per 100 mg vial.

"From October onwards, (the company is) seeing very sharp increase in (remdesivir) monthly volumes ... there are no constraints on supplies now," Cipla's global chief financial officer, Kedar Upadhye, told Reuters.

He said the company had sold more than 300,000 vials of the drug across the country as of September.

Remdesivir has become the standard of care for patients hospitalised with severe COVID-19, with more than 50 countries including the United States approving its use.

But the World Health Organization (WHO) said last month that its global trial of COVID-19 therapies had found that remdesivir did not have a substantial effect on the length of patients' hospital stays or their chances of survival.

"In India, the protocols (on remdesivir) have not changed, and demand continues," Cipla's Upadhye said, adding that the company has also begun export of the drug to "a few countries" in the second quarter, without giving any other details.

Mumbai-based Cipla, which has already been supplying the drug to South Africa since July, posted a 41.2% rise in consolidated net profit on Friday for the quarter ended Sept. 30.

https://www.marketscreener.com/quote/stock/GILEAD-SCIENCES-INC-4876/news/Indian-demand-for-COVID-19-drug-remdesivir-rising-sharply-Cipla-31723136/

Intercept Pharma Ocaliva sales up 29%; revised FY20 sales guidance

Upbeat vaccine news lifts aviation and travel sector

2nd tier COVID-19 vaccine developers under pressure on positive Pfizer/BioNTech data

Sanofi narrowed gap vs competitors in COVID-19 vax development: CEO

French drugmaker Sanofi has narrowed the gap against its rivals in the development of a COVID-19 vaccine, its Chief Executive said on Monday.