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Thursday, December 3, 2020

Fauci slams U.K.'s speedy review of Pfizer, BioNTech COVID shot

 The U.K.’s monumental approval for Pfizer and BioNTech’s COVID-19 vaccine turned heads worldwide, but one of the leading voices in the U.S. pandemic response argues the country’s regulators acted too quickly. 

“If you go quickly and you do it superficially, people are not going to want to get vaccinated,” NIAID director Anthony Fauci told Fox News. "We have the gold standard of a regulatory approach with the FDA.” 

The U.K.'s Medicines and Healthcare Products Regulatory Authority (MHRA) "did not do it as carefully," he added.

By rebuking the U.K.’s review process, Fauci offered a defense to the FDA amid pressure on the agency from the Trump administration. Earlier this week, White House chief of staff Mark Meadows summoned FDA Commissioner Stephen Hahn for a meeting on why the vaccine hadn’t been approved.  

After the meeting, Hahn himself defended the agency’s review process in a Wall Street Journal interview. The FDA has 150 people working in various teams around the clock on the application, he said, and it's getting ready for a public meeting next week at which independent experts will closely pore over the data.

FDA officials are expected to make a decision in the days following the Dec. 10 meeting. It’s a process that would “typically take us months,” Hahn told the newspaper, but could be complete in under a month after Pfizer’s Nov. 20 filing.  


Pfizer CEO Albert Bourla has said the company aims to ship doses “within hours” of approvals, and last month wondered whether a “race to regulate” would ensue as countries vie to get their hands on the first coronavirus vaccine doses. 

While Fauci may take issue with the U.K.’s process, scientists at Pfizer and BioNTech praised the country’s drug regulator following the rolling review. In a media briefing this week, Pfizer executive Ralf Rene Reinert said the regulator quickly responded to new data throughout the process, sometimes in around 10 minutes, according to the WSJ. BioNTech’s chief business and commercial officer Sean Marett added that the regulator “asked the same level of detail of questions as any agency.” 

Other countries have been in touch to inquire about the U.K.’s process, Reinert also said during the briefing. 


Pfizer and BioNTech plan to make around 800,000 doses available in Britain next week, The Guardian reported. The U.K. has ordered 40 million doses from the partners, or enough to vaccinate 20 million people. 

In the U.S., officials have said vaccinations could start this month after Pfizer’s Dec. 10 FDA meeting and Moderna’s meeting the following week. Operation Warp Speed head Moncef Slaoui said on CNN the U.S. could reach herd immunity through vaccination by May. 

Meanwhile, as the U.S. government continues prepping to change administrations, Fauci said he plans to have a "substantive" conversation with the incoming Biden team, CBS News reports.

https://www.fiercepharma.com/pharma/anthony-fauci-takes-issue-u-k-review-pfizer-biontech-covid-shot

Biosimulation software and services provider Certara launches IPO

 

Moscow to open COVID-19 vaccination centres on Saturday

 Moscow will open its new COVID-19 vaccination centres on Saturday and the first people to receive the shot will be teachers, doctors and social workers, Mayor Sergei Sobyanin said on Thursday.

President Vladimir Putin on Wednesday ordered a large-scale voluntary vaccination programme against COVID-19 to begin next week across Russia, saying teachers and doctors should be first in line to get the flagship Sputnik V vaccine.

People in Moscow will be able to register for the jab online from Friday, Sobyanin said in a statement on his website.

Russia, which has resisted imposing stringent lockdown measures, reported a record 28,145 new infections earlier on Thursday, including 7,750 in Moscow.

https://www.reuters.com/article/us-health-coronavirus-russia-vaccine/moscow-to-open-covid-19-vaccination-centres-on-saturday-mayor-idUSKBN28D1BL

Enlivex up on interim Allocetra data in mid-stage COVID-19 study

 

  • Enlivex Therapeutics (NASDAQ:ENLV) jumps 35% in premarket, in reaction to announcement of interim data from Phase 2 trial evaluating Allocetra in severe/critical COVID-19 patients. Interim results relate to eight patients, six of whom were in severe condition and two of whom were in critical condition.
  • Data showed that 7 patients treated through November 26 had complete recovery from their respective severe/critical condition and were discharged from the hospital, after an average of 4.7 days following Allocetra administration.
  • The eighth enrolled after 27 Nov. experienced a clinical improvement following Allocetra treatment, but remained hospitalized six days after treatment.
  • Taken together with previously-treated patients in Phase Ib study, all 12 patients through November 26 had complete recovery and were discharged, after an average of 5.5 days following Allocetra administration.
  • Overall Allocetra was well tolerated with no treatment-related serious adverse events.
  • https://seekingalpha.com/news/3641329-enlivex-therapeutics-rises-on-interim-allocetra-data-in-mid-stage-covidminus-19-study

Avid Bioservices Q2 Earnings

 Shares of Avid Bioservices (NASDAQ:CDMO) moved higher after the company reported Q2 results.

Quarterly Results

Earnings per share were up 133.33% over the past year to $0.01, which beat the estimate of ($0.06).

Revenue of $21,064,000 up by 15.02% from the same period last year, which beat the estimate of $15,490,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Dec 02, 2020

View more earnings on CDMO

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/jok7k959

Price Action

Company's 52-week high was at $9.37

52-week low: $3.02

Price action over last quarter: Up 11.76%

Company Profile

Avid Bioservices Inc is a clinical-stage biopharmaceutical company focused on development and current Good Manufacturing Practices (cGMP) of biopharmaceutical products derived from mammalian cell culture. The company provides a comprehensive range of process development, high quality cGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries.

https://finance.yahoo.com/news/recap-avid-bioservices-q2-earnings-211940658.html

South Korea reaches deal to buy AstraZeneca's COVID-19 vaccine candidate

 

South Korea has reached a deal with AstraZeneca PLC to purchase its coronavirus vaccine candidate as it seeks to secure supplies amid a resurgence of outbreaks, local media reported on Thursday.

The government has said it was in final talks with global drugmakers including AstraZeneca, Pfizer Inc and Johnson & Johnson over their experimental vaccines, and launched a preliminary review of AstraZeneca's product in October for potential fast-track approval.

The JoongAng Ilbo newspaper said health authorities signed a contract with the Britain-based company on Nov. 27, and were nearing agreements with Pfizer and Johnson & Johnson, citing an unidentified government official.

"The AstraZeneca deal has been done, and a memorandum of understanding was reached with both Pfizer and Johnson & Johnson. But further negotiations are needed to finalise the amount of supplies and the timing of shipment," the official was quoted as saying.

The Yonhap news agency also reported, citing an unnamed health official, that an agreement with AstraZeneca was inked recently and the government would make an announcement as early as next week after completing negotiations with other firms.

The Korea Disease Control and Prevention Agency (KDCA) said that the JoongAng report was not the government's official position but that it would finalise talks and unveil comprehensive results shortly.

The KDCA has said 172 billion won ($157 million) was set aside to buy an initial 60 million doses this year, enough to vaccinate about 60% of the country's population of 52 million, around the second quarter of 2021.

It has secured 20 million doses via the COVAX facility, an international COVID-19 vaccine allocation platform co-led by the WHO.

https://www.marketscreener.com/quote/stock/ASTRAZENECA-PLC-4000930/news/AstraZeneca-South-Korea-reaches-deal-to-buy-AstraZeneca-s-COVID-19-vaccine-candidate-media-31925690/

Merck Enters Research Agreement With Artios on Precision Oncology

 Merck KGaA said Thursday that it is to collaborate with U.K. DNA damage-response company Artios Pharma on research to discover and develop multiple precision-oncology drugs.

Under the three-year agreement, Artios will receive $30 million in up-front and near-term payments, Merck said. The German pharmaceutical company added that it will have the right to opt into development and commercialization of compounds on up to eight targets. Artios could then receive a further $860 million in milestone payments, as well as up to double-digit royalties on net sales of each product.

The companies will together use Artios's proprietary nuclease-targeting discovery platform to identify multiple targets for precision cancer-treatment candidates, Merck said. The terms of the agreement don't cover Artios's lead programs, for which it will retain all rights.

https://www.marketscreener.com/quote/stock/MERCK-KGAA-436395/news/Merck-Enters-Research-Agreement-With-Artios-on-Precision-Oncology-Treatments-31926762/