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Tuesday, February 2, 2021

Russia's Sputnik V vaccine 92% effective in fighting COVID-19

 Russian scientists gave its Sputnik V vaccine the green light on Tuesday saying it was almost 92% effective in fighting COVID-19 based on peer-reviewed late-stage trial results published in The Lancet international medical journal.

They said the Phase III trial results meant the world had another effective weapon to fight the deadly pandemic and justified to some extent Moscow’s decision to roll out the vaccine before final data had been released.

The results, collated by the Gamaleya Institute in Moscow that developed and tested the vaccine, were in line with efficacy data reported at earlier stages of the trial, which has been running in Moscow since September.

“The development of the Sputnik V vaccine has been criticised for unseemly haste, corner cutting, and an absence of transparency,” said Ian Jones, professor at the University of Reading, and Polly Roy, professor at the London School of Hygiene & Tropical Medicine.

“But the outcome reported here is clear and the scientific principle of vaccination is demonstrated,” the scientists, who were not involved in the study, said in a comment shared by The Lancet. “Another vaccine can now join the fight to reduce the incidence of COVID-19.”

The results were based on data from 19,866 volunteers, of whom a quarter received a placebo, the researchers, led by the Gamaleya Institute’s Denis Logunov, said in The Lancet.

Since the trial began in Moscow, there were 16 recorded cases of symptomatic COVID-19 among people who received the vaccine, and 62 among the placebo group, the scientists said.

This showed that a two-dose regimen of the vaccine - two shots based on two different viral vectors, administered 21 days apart - was 91.6% effective against symptomatic COVID-19.

The Sputnik V vaccine is the fourth worldwide to have Phase III results published in leading peer-reviewed medical journals following the shots developed by Pfizer and BioNTech, Moderna and AstraZeneca.

Pfizer’s shot had the highest efficacy rate at 95%, closely followed by Moderna’s vaccine and Sputnik V while AstraZeneca’s vaccine had an average efficacy of 70%.

Sputnik V has also now been approved for storage in normal fridges, as opposed to freezers, making transportation and distribution easier, Gamaleya scientists said on Tuesday.

Russia approved the vaccine in August, before the large-scale trial had begun, saying it was the first country to do so for a COVID-19 shot. It named it Sputnik V, in homage to the world’s first satellite, launched by the Soviet Union.

Small numbers of frontline health workers began receiving it soon after and a large-scale roll out started in December, though access was limited to those in specific professions, such as teachers, medical workers and journalists.

In January, the vaccine was offered to all Russians.

“Russia was right all along,” Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), which is responsible for marketing the vaccine abroad, told reporters on Tuesday.

He said the results supported Russia’s decision to begin administering Sputnik V to frontline workers while the trial was still underway, and suggested scepticism of such moves was politically motivated.

“The Lancet did very unbiased work despite some of the political pressures that may have been out there,” he said.

EFFECTIVE IN ELDERLY

The number of people vaccinated in Russia has remained low so far. Authorities have pointed to some early issues with scaling up production while polls have shown low demand among Russians for the vaccine.

Russia has already shared data from its Phase III trial with regulators in several countries and has begun the process of submitting it to the European Medicines Agency (EMA) for approval in the European Union, Dmitriev said.

The data release comes as Europe scrambles to secure enough shots for its 450 million citizens due to production cuts by AstraZeneca and Pfizer. The U.S. roll-out, meanwhile, has been hampered by the need to store shots in ultra-cold freezers and uneven planning across states.

There were 2,144 volunteers over 60 in the Sputnik V trial and the shot was shown to be 91.8% effective when tested on this older group, with no serious side-effects reported that could be associated with the vaccine, The Lancet summary said.

RDIF’s Dimitriev also said the Gamaleya Institute was testing the vaccine against new variants of COVID-19 and the early signs were positive.

The vaccine was also found to be 100% effective against moderate or severe COVID-19, as there were no such cases among the group of 78 participants who were infected and symptomatic at 21 days after the first shot was administered.

Four deaths of participants occurred, but none was considered associated with vaccination, The Lancet said.

“The efficacy looks good, including in the over 60s,” said Danny Altmann, a professor of immunology at Imperial College London. “It’s good to have another addition to the global arsenal.”

ONE DOSE VERSION

The authors of the study noted that because COVID-19 cases were only detected when trial participants reported symptoms, further research was needed to understand Sputnik V’s efficacy on asymptomatic cases and transmission.

Sputnik V has been approved by 15 countries, including Argentina, Hungary and the United Arab Emirates and this will rise to 25 by the end of next week, the RDIF’s Dmitriev said.

The sovereign wealth fund also said vaccinations using Sputnik V will begin in a dozen countries including Bolivia, the United Arab Emirates, Venezuela and Iran.

Hungary was the first member of the European Union to break ranks and unilaterally approve the vaccine last month. It is set to receive a first batch of 40,000 doses on Tuesday.

Germany has said it would use Sputnik V if it is approved by Europe’s drug regulator while France has said it could buy any efficient vaccine.

However, large shipments of the shot have only been sent so far to Argentina, which has received enough doses to vaccinate about 500,000 people. Production for export will primarily be done by RDIF’s manufacturing partners abroad, the fund has said.

On Tuesday, Dmitriev said production had started in India and South Korea, and would launch in China this month. Trial doses have also been produced by a manufacturer in Brazil.

Russia is conducting a small-scale clinical trial of a one-dose version of the vaccine, which developers expect to have an efficacy rate of 73% to 85%.

https://www.reuters.com/article/us-health-coronavirus-russia-vaccine/russias-sputnik-v-vaccine-92-effective-in-fighting-covid-19-idUSKBN2A21IT

DURECT: FDA OKs POSIMIR® For Post-Surgical Pain

 POSIMIR is the only approved sustained-release bupivacaine product indicated for up to 72 hours of post-surgical analgesia from a single application

Conference Call Today, February 2, 2021 at 4:30pm ET

The DURECT management team will host a conference call to discuss the contents of this press release today at 4:30pm ET / 1:30pm PT:

Toll Free: 877-407-0784
International: 201-689-8560
Conference ID: 13716187
Webcast: http://public.viavid.com/index.php?id=143426

The conference call will also be available by webcast on DURECT's homepage at www.durect.com under the "Investors" tab.  If you are unable to participate during the webcast, the call will be archived on DURECT's website under "Event Calendar" in the "Investors" section.

https://investors.durect.com/news-releases/news-release-details/durect-corporation-announces-us-fda-approval-posimirr-post

Cassava Simufilam Improves Cognition, Behavior in Alzheimer’s Interim Analysis

  Patients’ Cognition Improved 1.6 Points on ADAS-Cog11 -


- Patients’ Behavior Improved 1.3 Points on NPI -

- Improvements Maintained at 6 Months -

- Results Support Advancing Simufilam into Phase 3 Clinical Program -

https://finance.yahoo.com/news/cassava-sciences-simufilam-improves-cognition-133000630.html

BTIG Upgrades Prothena Corp (PRTA) to Buy

Target $29 

https://www.streetinsider.com/Hot+Upgrades/BTIG+Upgrades+Prothena+Corp+%28PRTA%29+to+Buy/17899250.html

McKesson Reports Fiscal 2021 Third-Quarter Results

 Third-Quarter Highlights, Year-over-Year:

  • Total revenues of $62.6 billion, reflecting 6% growth.
  • McKesson recorded a pre-tax charge of $8.1 billion related to opioid litigation, resulting in third-quarter Loss per diluted share of ($39.03).
  • Adjusted Earnings per diluted share of $4.60, an increase of 21%.
  • Board of Directors authorized an additional $2.0 billion share repurchase program.

Fiscal 2021 Guidance:

  • Increased fiscal 2021 Adjusted Earnings per diluted share guidance range to $16.95 to $17.25, from the previous range of $16.00 to $16.50.
  • Fiscal 2021 Adjusted Earnings per diluted share guidance assumes $0.25 to $0.35 related to COVID-19 vaccine distribution and $0.20 to $0.30 related to the kitting and distribution of ancillary supplies for COVID-19 vaccines.

Catalent Fiscal 2Q Earnings

 Catalent Inc. (CTLT) on Tuesday reported fiscal second-quarter net income of $88.4 million.

On a per-share basis, the Somerset, New Jersey-based company said it had profit of 45 cents. Earnings, adjusted for one-time gains and costs, were 63 cents per share.

The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The maker of drug delivery technologies posted revenue of $910.8 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $895.9 million.

Catalent expects full-year revenue in the range of $3.8 billion to $3.95 billion.

https://www.timesunion.com/business/article/Catalent-Fiscal-2Q-Earnings-Snapshot-15917646.php

HCA Healthcare Q4 profit jumps 33% on inpatient admissions

 Hospital operator HCA Healthcare Inc reported a 33% rise in fourth-quarter profit on Tuesday, helped by higher revenue from hospital admissions.

Net income attributable to HCA rose to $1.43 billion, or $4.13 per share, in the quarter ended Dec. 31, from $1.07 billion, or $3.09 per share, a year earlier.

https://finance.yahoo.com/news/hca-healthcare-q4-profit-jumps-123641411.html