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Friday, January 29, 2021

WCLC: AstraZeneca, Daiichi Sankyo Enhertu shows more phase 2 lung cancer promise

 Right now, there are no HER2-targeting drugs approved in non-small cell lung cancer, but partners AstraZeneca and Daiichi Sankyo are hoping to change that. To that end, they rolled out encouraging phase 2 data Friday supporting antibody-drug conjugate Enhertu.

An interim look at the phase 2 DESTINY-Lung01 study, presented at the World Conference on Lung Cancer, showed Enhertu could spur a benefit in 24.5% of heavily pretreated patients with HER2-overexpressing NSCLC.

Those responses lasted for a median 6 months, with patients living a median 11.3 months—figures Dave Fredrickson, executive vice president and global head of AstraZeneca’s oncology business unit, called “really nice signs of promising efficacy.”

And Friday wasn’t the first time AZ and Daiichi unveiled positive results from DESTINY-Lung01, either. At last year’s American Society of Clinical Oncology virtual annual meeting, they trumpeted results from a separate cohort—those with HER2 mutated lung cancer—showing Enhertu could shrink tumors in 61.9% of patients.

While both the HER2-overexpressing and HER2-mutant NSCLC patient pools are “relatively modest” in terms of their percentage of the wider NSCLC market, because that market is so large, “even small percentages… are, on an absolute basis, rather sizable,” Fredrickson said.

Between 2% and 4% of NSCLC patients have HER2-mutated cancer, while HER2 overexpression impacts as many as one-third of those with the disease. But within that overexpression group, “more work needs to be done to refine and understand whether there are certain levels of overexpression that have a better response” to Enhertu than others, Fredrickson noted.

But while AZ and Daiichi may not currently know the extent of Enhertu’s commercial opportunity in lung cancer, the second DESTINY-Lung01 win bodes well, they figure. “What we are seeing for Enhertu is really a continued momentum of proof points coming against the investment thesis for why we did the deal in the first place,” Fredrickson said.


The pharma giant made that deal, a pact worth close to $7 billion overall and $1.35 billion upfront, based on three pillars, he explained: the drug’s promise in HER2-positive breast cancer, where it’s currently off to a hot start; its potential in cancers outside of breast cancer, such as gastric cancer, where it scored an FDA OK earlier this month; and HER2-low disease, for which the companies are expecting data later this year.

In the meantime, the British and Japanese drugmakers will be discussing the latest lung cancer data with regulators and “quickly moving into phase 3 work in order to be able to secure labels within these populations,” Fredrickson said, adding that “that’s something that will need to be done whether it’s for the purpose of a confirmatory study or the primary data set for registration.”

Also on Friday, the companies spotlighted positive results for another shared ADC—TROP-2 prospect datopotamab deruxtecan. In a phase 1 study, that candidate posted a response rate ranging from 21% to 25%, dependent on dose.

https://www.fiercepharma.com/pharma/wclc-astrazeneca-daiichi-sankyo-s-enhertu-shows-more-phase-2-lung-cancer-promise

Lilly 4Q Profit Grows, With Contribution From Covid-19 Treatment

 Eli Lilly & Co. on Friday logged a larger fourth-quarter profit to close out 2020, as revenue from an antibody treatment for Covid-19 contributed to higher drug sales overall.

The Indianapolis-based pharmaceutical company posted earnings of $2.12 billion, or $2.32 a share, compared with a profit of $1.5 billion, or $1.64 a share, a year earlier.

On an adjusted basis, the company's profit was $2.75 a share. Analysts surveyed by FactSet had forecast an adjusted profit of $2.37 a share.

Revenue was $7.44 billion, up from $6.11 billion. Analysts were anticipating revenue of $7.27 billion.

The quarter's revenue growth was driven by a 24% increase in volume, Eli Lilly said. Sales of bamlanivimab, a Covid-19 antibody therapy, contributed $871.2 million in world-wide sales in the quarter.

For drugs other than bamlanivimab, revenue grew 7% world-wide, the company said. Growth for drugs such as Trulicity, Taltz, Verzenio and Emgality helped drive higher sales of non-Covid-19-related medicines, it said.

U.S. revenue grew 31% to $4.6 billion, while revenue from other countries was up 10% to $2.84 billion, it said.

Operating expenses were up 3% year over year, including $265 million of development expenses for Covid-19-related development, it said.

https://www.marketscreener.com/quote/stock/ELI-LILLY-AND-COMPANY-13401/news/Eli-Lilly-and-4Q-Profit-Grows-With-Contribution-From-Covid-19-Treatment-32308879/

J&J Covid-19 Vaccine Was 66% Effective in Late-Stage Study

 Johnson & Johnson said its experimental Covid-19 vaccine was 66% effective at protecting people from moderate to severe disease in a large clinical trial, positive results that could pave the way for its deployment across the U.S. within weeks.

The J&J vaccine also appeared to be generally safe and well tolerated among the 44,325 adults aged 18 years and older in the late-stage trial, J&J said Friday, though some of the volunteers reported side effects like fever.

The company, one of the world's biggest health-care companies, said it would ask American regulators in early February to authorize use. The U.S. Food and Drug Administration could take action by the end of February.

If the shot gets a green light, J&J, which has been making shots to be ready should testing pan out, will be able to quickly ship millions of doses, federal officials have said. The company has said it expects to produce more than one billion doses in total this year.

Their addition could give a big lift to a mass vaccination campaign that has started slowly and faced limited supplies. J&J's vaccine, which would be the third to be authorized in the U.S., would boost the overall stocks of Covid-19 shots for governments racing against a mutating virus to vaccinate residents.

The J&J shot would also be more convenient for people getting vaccinated, since they would only need to take one shot rather than the two required for the Covid-19 vaccines that have been available since December.

"It's a pandemic vaccine preventing death and hospitalization and severe disease in an acute situation, now in the middle of a pandemic," Paul Stoffels, J&J's chief scientific officer, said in an interview.

One potentially troubling sign: The vaccine's efficacy rate varied among the regions in the study, at 72% in the U.S., 66% in Latin America and 57% in South Africa, J&J's interim analysis found, which could indicate the vaccine didn't work as well against new virus variants.

J&J posted the highly anticipated data in a news release. The results haven't yet undergone the vetting by outside experts that typically precede publication in a medical journal. J&J said it would submit the data for publication in the coming weeks.

The company's vaccine is the latest to emerge in the pandemic employing a relatively new gene-based technology to generate the immune protection capable of beating back the new coronavirus.

It deploys the virus behind the common cold -- modified so that it doesn't replicate -- to deliver a gene from the coronavirus. Once injected, the gene instructs human cells to make a protein resembling the spike protein found on the surface of the coronavirus.

This, in turn, mobilizes a person's immune system to fight off the actual virus if someone becomes exposed.

The design is similar to the Covid-19 vaccine developed by the University of Oxford and AstraZeneca PLC, which has been cleared for use in the U.K. It is also similar to the design of one component of J&J's two-dose Ebola vaccine, which European regulators cleared for use last year.

J&J's Covid-19 shot employs a different gene-based technology than the messenger RNA approach behind vaccines from Pfizer Inc. and partner BioNTech and from Moderna Inc., which are already in use in the U.S.

The Pfizer-BioNTech and Moderna shots were more than 94% effective in late-stage testing.

Even though it wasn't as effective as those vaccines, J&J's vaccine performance would be strong enough to protect many people and help build the community immunity needed for post-pandemic life, according to health experts.

One advantage of J&J's vaccine: It has less stringent cold-storage requirements than the mRNA-based vaccines from Pfizer and Moderna. The J&J vaccine can be kept stable for two years at minus 4 degrees Fahrenheit and for at least three months in standard refrigerator temperatures of 35 to 46 degrees.

This could make it a more practical option not just in the U.S. but also in lower-income countries that don't have the equipment needed to store the Pfizer and Moderna vaccines at ultracold temperatures.

On Thursday, Novavax Inc. reported results from studies of another advanced vaccine candidate. In an early look at the late-stage U.K. testing, the vaccine was 89.3% effective.

The vaccine was 49.4% effective in a mid-stage study in South Africa, however, prompting Novavax to start developing a booster that could strengthen the shot's effectiveness against a Covid-19 strain first identified in the country.

J&J's Dr. Stoffels said the company is analyzing why its vaccine efficacy was lower in South Africa. It could be because of the variant and generally high infection rates, he said.

The U.S. government agreed last year to buy 100 million doses of J&J's vaccine for $1 billion, or $10 per dose, and provided $456 million of additional funding for clinical trials and other vaccine development activities at J&J.

The government, which has options to acquire additional doses, would oversee the allocation and distribution of the J&J vaccine, which will be free to anyone who receives it.

J&J is providing the vaccine globally on a not-for-profit basis during the pandemic emergency.

The company also has agreements to provide its vaccine to the European Union, Canada and other countries, including lower-income nations via Gavi, the Vaccine Alliance, an international organization.

Even at not-for-profit pricing, the vaccine could generate nearly $5 billion in sales for J&J in 2021, Sanford C. Bernstein analysts estimate.

Its authorization also would boost J&J's decadelong effort to build a vaccine business, sparked by its 2011 acquisition of Dutch firm Crucell NV. J&J is also developing experimental vaccines against HIV, Zika and the respiratory syncytial virus that can be serious in children and older adults.

In September, J&J started the late-stage, or Phase 3, clinical trial of its Covid-19 vaccine.

In the trial, about half of the volunteers were given a single injection of the vaccine and half were injected with a placebo.

Researchers then tracked how many people in the study came down with moderate to severe Covid-19 -- infections that caused certain symptoms -- starting 14 days after they were injected with either the vaccine or a placebo.

The study was designed so that the vaccine's effectiveness would be assessed once at least 154 symptomatic cases occurred. Because of the high rate of viral transmission in several countries, there ended up being 468 symptomatic cases of Covid-19 in the study.

Among subjects who got the vaccine, protection against Covid-19 began as early as 14 days following the single dose, J&J said.

The J&J study tracked moderate and severe cases of Covid-19, defined as testing positive for the virus and having certain symptoms including shortness of breath, cough, fever or respiratory failure.

When looking only at severe cases, J&J said its vaccine was 85% effective across all regions studied, as of 28 days after vaccination.

There were no cases of a severe type of allergic reaction that has occurred in some people after they received other Covid-19 vaccines, J&J said.

The Phase 3 study had an early setback in October when a volunteer came down with an unexplained illness. J&J paused all studies of the vaccine globally while it investigated the incident.

In late October, the company decided to resume the large U.S.-based study after finding no evidence that the vaccine caused the illness.

J&J hasn't specified the nature of the illness and has said it doesn't know whether it occurred in a vaccinated study subject or someone who received a placebo.

The company also launched a second large trial in November testing whether two doses of its vaccine given eight weeks apart would protect against Covid-19. Those results, however, aren't likely to come until the summer, given the later start date and the lag time in the dosing regimen.

https://www.marketscreener.com/quote/stock/JOHNSON-JOHNSON-4832/news/J-J-Covid-19-Vaccine-Was-66-Effective-in-Late-Stage-Study-32309597/

India's Serum applies to conduct local trial for Novavax vaccine

 The Serum Institute of India (SII), the world’s biggest vaccine maker, has applied to local authorities to conduct a small domestic trial of Novavax Inc’s COVID-19 vaccine, which was found to be 89.3% effective in a UK trial.

Serum expected a decision on an Indian trial of Novavax’s vaccine soon, Chief Executive Adar Poonawalla told Reuters on Friday, hours after the U.S. company reported the efficacy data.

“We have already applied to the drug controller’s office for the bridging trial, a few days ago,” Poonawalla said. “So they should also give that approval soon now.”

Novavax’s UK trial, which enrolled 15,000 people aged 18 to 84, is expected to be used to apply for use in Britain, the European Union and other countries.

SII is already bulk producing a vaccine created by Oxford University and AstraZeneca, and Poonawalla told Reuters earlier this month that his company would manufacture “upwards of 40-50 million doses per month” of the Novavax vaccine from around April.

Indian health officials say they generally ask for so-called bridging trials to determine if a vaccine is safe and generates an immune response in its citizens whose genetic makeup can be different from people in western nations.

There are, however, provisions under rules introduced in 2019 to waive such trials in certain conditions. Pfizer Inc requested an exception while seeking an emergency-use authorisation for its vaccine developed with German partner BioNTech SE, a request the government has turned down.

The Pfizer vaccine has not been approved in India, whose immunisation campaign is using a homegrown one developed by Bharat Biotech and the Indian Council of Medical Research, and the AstraZeneca/Oxford University vaccine.

https://www.reuters.com/article/us-health-coronavirus-novavax-india/indias-serum-applies-to-conduct-local-trial-for-novavax-vaccine-ceo-idUSKBN29Y0BV

India's vaccination platform readied to handle 10 million shots daily

  The digital platform anchoring India’s massive COVID-19 vaccination drive will be able to handle up to 10 million shots daily to meet the country’s target of covering 300 million people by July-August, a government official told Reuters.

India, which has the world’s second-highest number of coronavirus cases, is relying on CoWIN to link beneficiaries with vaccines in what the government touts as the biggest inoculation campaign anywhere.

The world’s most populous country after China has vaccinated around three million healthcare workers in the first two weeks of the campaign, at a rate of just over 200,000 a day on average, but this will have to be raised many times over if India is to meet its summer coverage target.

Though initial glitches in the software slowed the immunisation programme, which began on Jan. 16 with frontline workers, the government says modifications have been made to ensure there is no such repeat.

“Big numbers won’t be a problem for us,” R.S. Sharma, who chairs a government group overseeing CoWIN, said in a Zoom interview. “We will be able to do 10 million vaccinations per day.”

Sharma said CoWIN would be integrated into government contact-tracing app “Aarogya Setu”, or Health Bridge, which has been downloaded by around 150 million people.

‘NOT A FAD’

It is using a vaccine developed at home by Bharat Biotech and the Indian Council of Medical Research, and another licensed from Oxford University and AstraZeneca.

In the coming months, India is expected to approve two more vaccines, Russia’s Sputnik V and Cadila Healthcare’s ZyCov-D.

Sharma said individuals would be able to choose vaccination slots and get QR-coded certificates once they have taken their shots through CoWIN, allowing them to carry a proof that can be used for, say, air or foreign travel.

“It’s not a fad,” he said, “It cannot be done without technology.”

India, the world’s biggest vaccine maker, is also gifting or selling shots to more than a dozen countries, and Sharma said there had already been some international interest in using the CoWIN platform, including from South Africa.

At home, Sharma said CoWIN would use online and offline systems to register beneficiaries, including through telephone help lines and walk-in centres.

“There will be millions of registrations every day and the system should be able to handle it effortlessly,” he said.

Discussions were still underway on how to inoculate such large numbers of people, including possibly using a combination of government and private health facilities, said Sharma, who is also part of a national expert group on vaccine administration.

With 10.7 million confirmed COVID-19 infections, India, with a total population of nearly 1.4 billion, trails only the United States’ tally.

It reported 18,855 new cases in the past 24 hours, the highest in three weeks, while deaths rose by 163 to a total of 154,000.

https://www.reuters.com/article/us-health-coronavirus-india-vaccine/indias-vaccination-platform-readied-to-handle-10-million-shots-daily-official-idUSKBN29Y1NY

Lilly Q4

 Earnings per share rose 58.96% year over year to $2.75, which beat the estimate of $2.35.

Revenue of $7,440,000,000 higher by 21.69% from the same period last year, which beat the estimate of $7,290,000,000.

Guidance

The upcoming fiscal year's EPS expected to be between $7.75 and $8.40.

The upcoming fiscal year's revenue expected to be between $26,500,000,000 and $28,000,000,000.

Biogen, Eisai: FDA Extends Review for Aducanumab Application

 The new Prescription Drug User Fee Act (PDUFA) action date set by the FDA is June 7, 2021

Biogen (Nasdaq: BIIB) and Eisai Co., Ltd. (Tokyo, Japan) today announced that the U.S. Food and Drug Administration (FDA) has extended the review period by three months for the Biologics License Application (BLA) for aducanumab, an investigational treatment for Alzheimer’s disease. The updated Prescription Drug User Fee Act (PDUFA) action date is June 7, 2021.

As part of the ongoing review, Biogen submitted a response to an information request by the FDA, including additional analyses and clinical data, which the FDA considered a Major Amendment to the application that will require additional time for review.

“We are committed to working with the FDA as it completes its review of the aducanumab application,” said Michel Vounatsos, Chief Executive Offer at Biogen. “We want to thank the FDA for its continued diligence during the review.”

Biogen submitted the aducanumab BLA to the FDA in July 2020. The FDA accepted the BLA in August 2020 and granted Priority Review.

https://www.globenewswire.com/news-release/2021/01/29/2166560/0/en/Biogen-and-Eisai-Announce-FDA-s-3-Month-Extension-of-Review-Period-for-the-Biologics-License-Application-for-Aducanumab.html