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Friday, December 4, 2020

Y-mAbs, in distribution pact with Takeda for nerve cell cancer meds, Danyelza & omburtamab

 

  • Y-mAbs Therapeutics (YMAB -0.4%) and Takeda Pharmaceutical (TAK +1.4%) have entered into an exclusive license and distribution agreement in Israel, for Danyelza for the treatment of relapsed/refractory high-risk neuroblastoma and omburtamab for the treatment of pediatric patients with CNS/leptomeningeal metastasis from neuroblastoma.
  • DANYELZA (naxitamab-gqgk) was approved by the FDA recently. Additionally, Y-mAbs plans to resubmit the amended marketing application for omburtamab to the FDA by this year or in early 2021.
  • Financial details were not disclosed.
  • https://seekingalpha.com/news/3641765-y-mabs-inks-distribution-pact-takeda-for-nerve-cell-cancer-meds-danyelza-omburtamab

Sutro: Encouraging Interim Data on Phase 1 Ovarian Cancer Study

 Responses observed in 32% (10/31) of evaluable patients treated at clinically active dose levels-including 1 CR, 3 cPRs and 6 uPRs -

- Disease control rate at 12 weeks is 74% (23/31) and 10 patients remained on treatment -

- Dose-expansion has been initiated to explore 4.3 & 5.2 mg/kg in less heavily pre-treated patient population -

To access the live virtual event on Thursday, Dec. 3, at 2pm PT (5pm ET), please click here. An archived webcast of the event will be available on the Investor section of the company's website at ir.sutrobio.com for approximately 30 days.

https://finance.yahoo.com/news/sutro-biopharma-announces-encouraging-interim-213000411.html


PTC's Translarna OK'd in Russia for Duchenne

 

  • PTC Therapeutics (PTCT -1.5%announces the regulatory nod in Russia for Translarna (ataluren) for nonsense mutation Duchenne muscular dystrophy (DMD) in patients at least two years old.
  • The company has experienced headwinds getting the product approved in major markets. The FDA is not yet on board sending the company a CRL three years ago. The European Medicines Agency conditionally approved it in 2014 for ambulatory DMD patients at least five years old (later expanded to patients at least two years old) but it rejected its application for non-ambulatory patients last year. It withdrew its European application for cystic fibrosis in 2017. Brazil's National Health Surveillance Agency approved it in 2019 for ambulatory DMD patients at least five years old.

Novo Nordisk A/S Files FDA New Drug Application for Obesity Med

 Danish pharmaceutical company Novo Nordisk A/S said Friday that it has submitted a new drug application to the U.S. Food and Drug Administration for its semaglutide weight-loss drug.

"Obesity is associated with a wide range of serious complications, yet many healthcare providers still do not have sufficient medical options available to help people with this chronic disease," said Novo Nordisk Chief Scientific Officer Mads Krogsgaard Thomsen.

Semaglutide is a glucagon-like peptide-1 drug, or GLP-1, that helps enhance the production of insulin and regulate appetite.

Novo Nordisk said it expects the review of its application to complete in six months.

https://www.marketscreener.com/quote/stock/NOVO-NORDISK-A-S-1412980/news/Novo-Nordisk-A-S-Files-FDA-New-Drug-Application-for-Obesity-Drug-31938562/

FDA chief had 'robust discussion' with White House about vaccine timelines

 The U.S. Food and Drug Administration's chief had a "robust discussion" with the White House this week about the timeline for coronavirus vaccine approvals and believes vaccinating 20 million Americans this year is realistic, he said on Friday.

FDA Commissioner Stephen Hahn declined to lay out a specific timetable for approval of the vaccine developed by Pfizer and BioNTech but said he hoped the regulator would make a decision this month.

Many federal officials are expecting a vaccine approval within days of a Dec. 10 meeting of experts, though one FDA official recently said an approval decision could take weeks.

"We expect to move quickly," after that meeting, Hahn told Reuters in an interview.

Britain leapt ahead of the United States this week in approving Pfizer's COVID-19 vaccine, intensifying scrutiny on U.S. regulators as they consider whether to grant emergency use in the country that leads the world in coronavirus infections.

Hahn has come under pressure from outgoing President Donald Trump, who is eager to claim credit for a successful vaccine, to speed up the process.

The FDA head discussed the situation at a White House meeting with chief of staff Mark Meadows earlier this week to explain the timing and the "balancing act" required to make sure a vaccine is safe and effective.

"Mr. Meadows asked for a briefing and we gave it, and it went very well," Hahn told Reuters. "We had a very robust discussion, and I know that term sometimes is loaded, robust, but we did."

Though he declined to give a specific timeline for vaccine approval, Hahn gave a nod to its likelihood by endorsing the White House's goal of having 20 million Americans inoculated by the end of the year.

"I think given what we know about supplies, it is realistic," Hahn said of that goal. "It'll very much depend upon ... the vaccination campaign."

Trump, a Republican who lost the Nov. 3 presidential election to Democrat Joe Biden but has declined to concede the race, said last week he deserved credit for the vaccine.

GETTING TO 20 MILLION

Dealing with the virus that has killed more than 276,000 people in the United States as well as the economic fallout from the crisis is one of Biden's top priorities once he takes office on Jan. 20.

Hahn said Biden's team had not been in touch with him but he would be happy to provide information about the vaccine approval process. The cancer specialist said he had not made plans for a new job after the Biden administration takes over.

To get to 20 million people, the FDA would need to approve both Pfizer's vaccine and the shot developed by Moderna soon so they can go to the states quickly.

Data from late-stage trials of Moderna's vaccine, which uses the same mRNA technology as the Pfizer/BioNTech shot, is due to be reviewed on Dec. 17.

Based on a scenario in which people get two doses, Pfizer plans to provide the United States with enough vaccine for 12.5 million people and Moderna has said it will have enough for 10 million people this year.

Pfizer and Moderna have tested their products as two-shot vaccines given weeks apart, but Hahn said officials at the agency were combing through their data and might consider them as a single-shot if warranted.

"I can't prejudge what our scientists will decide, but we will look at that," Hahn said.

A single shot vaccine would be much easier to manage because it would not require millions of Americans to return for a second shot weeks later, a major logistical challenge for public health officials.

Trump's Operation Warp Speed program has struck deals with several drugmakers in an effort to help speed up the search for effective treatments to fight the global pandemic.

Of the vaccines being evaluated, only Johnson & Johnson's candidate is being tested as a single-shot vaccine.

A speedy vaccine approval could be a political win for Trump's outgoing administration, which has been pushing for effective treatments to help restore a sense of normality to daily life and a hard-hit U.S. economy.

Hahn said he would be eager to be inoculated as soon as there is an approval. "I will be first in line and I will encourage my family to take this vaccine," he said.

https://www.marketscreener.com/quote/stock/ASTRAZENECA-PLC-4000930/news/FDA-chief-had-robust-discussion-with-White-House-about-vaccine-timelines-31938627/

Silverback Therapeutics prices 11.5M-share IPO above range at $21

 

FDA OKs BioCryst Orladeyo to prevent attacks in hereditary angioedema