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Tuesday, April 6, 2021

Lilly, Incyte: FDA review extended for atopic dermatitis treatment application

 Eli Lilly and Company (NYSE: LLY) and Incyte (NASDAQ:INCY) announced today that the U.S. Food and Drug Administration (FDA) has extended the review period for the supplemental New Drug Application (sNDA) for baricitinib for the treatment of adults with moderate to severe atopic dermatitis (AD).

The FDA extended the action date to allow time to review additional data analyses submitted by Lilly in response to recent information requests from the FDA. The Prescription Drug User Fee Act (PDUFA) action date has been extended three months to early Q3 2021.

This extension does not affect Lilly's previously-issued financial guidance for 2021. Ongoing research for baricitinib, an oral JAK inhibitor discovered by Incyte and licensed to Lilly, in adult and pediatric AD, alopecia areata (AA), systemic lupus erythematosus (SLE), juvenile idiopathic arthritis (JIA), COVID-19 and for its approved indication for rheumatoid arthritis (RA) continues.

https://finance.yahoo.com/news/lilly-incyte-communicate-review-extension-203000902.html

Fibrogen plunges on murky safety disclosure

 Fibrogen stock plummeted late Tuesday on a murky disclosure for its controversial anemia treatment in chronic kidney disease patients.

While preparing for an advisory committee meeting ahead of potential approval of its drug, roxadustat, Fibrogen (FGEN) said it realized it submitted altered information to the Food and Drug Administration pertaining to the drug's cardiovascular safety.

Now, Fibrogen says the new data suggest roxadustat might not be superior to another drug called epoetin-alfa in lowering the risk of cardiovascular events in some patients.

In late action on the stock market today, Fibrogen stock plunged 23.2% near 26.60. Shares closed the regular session down 2.8% at 34.64.

https://www.investors.com/news/technology/fibrogen-stock-plummets-murky-disclosure-anemia-treatment/

NuVasive Simplify Disc Gets FDA OK for 2-Level Cervical Total Disc Replacement

 NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced the NuVasive Simplify® Cervical Artificial Disc (Simplify Disc) received approval from the U.S. Food and Drug Administration (FDA) for two-level cervical total disc replacement (cTDR).

The Simplify Disc demonstrated clinical superiority at 24 months compared to anterior cervical discectomy and fusion (ACDF) in a two-level FDA Investigational Device Exemption (IDE) study.1 In this study, the device proved an overall success rate that was nearly 10% higher when compared to ACDF.1 Additionally, a greater percentage of patients achieved success in a 15-point Neck Disability Index (NDI) and had no neurological deterioration components in relation to fusion.1 Overall, the Simplify Disc demonstrates clinical superiority to ACDF1 and has the highest overall clinical success rate compared to any other approved cervical disc at both one- and two-levels.2 It is one of three devices approved for use in two-level cTDR procedures.

https://finance.yahoo.com/news/nuvasives-simplify-disc-receives-fda-200300755.html

Carnival: 'May have no choice' but to move ships from US ports

 Carnival Cruise Line (NYSE: CCL) is notifying guests of additional cruise cancellations and the extension of its pause in all operations from U.S. ports through June 30, 2021.

Booked guests and travel advisors are being notified directly of the cancellations and the options for a future cruise credit plus onboard credit package, or a full refund. To provide flexibility for guests booked on July itineraries that remain in the schedule, Carnival is extending final payment deadlines for all July sailings to May 31, 2021, with the ability to cancel without penalty.

“We know that this is very disappointing to our guests who continue to be eager to sail, and we remain committed to working with the Administration and the CDC to find a workable solution that best serves the interest of public health. We are asking that the cruise industry be treated on par with the approach being taken with other travel and tourism sectors, as well as U.S. society at large,” said Christine Duffy, president of Carnival Cruise Line. “While we have not made plans to move Carnival Cruise Line ships outside of our U.S. homeports, we may have no choice but to do so in order to resume our operations which have been on ‘pause’ for over a year. We appreciate the continued patience and support from our loyal guests, travel advisors and business partners as we work on a return-to-service solution.”

https://www.streetinsider.com/Corporate+News/Carnival+Cruise+Line+%28CCL%29+is+notifying+guests+of+additional+cruise+cancellations+and+the+extension+of+its+pause/18229075.html

Precigen's CEO Breaks Down Biotech's Oncology Platforms, Tech, Differentiators

 Cancer treatment has evolved from the use of chemotherapeutic anti-tumor drugs to targeted therapies to monoclonal antibodies to immunotherapies to new, personalized therapeutics.

Precigen, Inc. PGEN 7.25% is a biopharma pursuing a differentiated approach toward a cancer cure, and CEO Helen Zabsevari, who has strong academic credentials and has found equal success in the business arena, spoke with Benzinga about the company's products and platforms.  

Gene Therapy Basics: One of the cutting-edge innovative approaches that evolved in the 21st century is the use of cell and gene therapies to treat cancer.

Gene therapy uses specialized immune forces that can recognize tumor cells very specifically, Zabservari said. 

These T cells are trained and given the capability to kill tumor cells without the use of chemotherapy or targeted therapy or small molecules, the CEO said. 

Precigen is unique and differentiated in that it has been developing and evolving platforms that are key in the field of gene therapy and for the activation of the immune system, Zabsevari said.

The basics of precision medicines include insertion of genes that can activate cells, the modality of gene delivery and the number of genes that are requited for activation.

The mode of delivery can be viral or non-viral, and this determines the time and cost involved for the treatment, she said. 

Another important aspect is controlling the expression of genes in the activated T-cells, Zabsevari said.

When an army of T-cells is mobilized but cannot be controlled, it will run amok, destroying both the cancer cells as well as healthy cells, she said. 

How Precigen Stands Out: Precigen has developed a platform that has every one of these elements, and all under the same roof, Zabsevari said.

"We can now in a totality create a platform for a gene therapy for instance, and a good example of that is with our UltraCAR-T platform," she said.

Conventional CAR-T therapies from companies like Gilead Sciences, Inc's. GILD 0.32% Kite and Novartis AG NVS 0.88% have several shortcomings, Zabsevari said. 

The genes expressed in the T-cells are very limited, and these cells can express only chimeric antigen receptors, she said.

No safety mechanism exists to eliminate these T cells if something goes wrong, the CEO said. 

The second major problem with conventional CAR-Ts is the constraint on the number of genes that can be expressed with the limited payload of the lentiviruses used to carry the genes, the Precigen CEO said. 

The cost associated with manufacturing is anywhere between $250,000 and $400,000, as the cells have to be grown outside for four to eight weeks and quality-checked before returning them to the body, Zabsevari said. 

Clinical data from conventional CAR-Ts, TCRs and allogenics shows these cells are alive from two to a maximum of three weeks in a patient, the CEO said.

The $500,000 price tag for one dose, which only lasts two weeks, becomes a roadblock, she said. 


Precigen has developed the UltraCAR-T platform to address these issues, Zabsevari said.

The company has designed ultra-vectors with a much higher payload capacity that can simultaneously express three genes within the same vector, the CEO told Benzinga.

This allows putting specific genes that address not only the expression of the CAR-T, but also how the T cell can be advanced and maintained, she said. 

Precigen has introduced a safety feature for eliminating the cells if something goes wrong.

How Precigen's Candidates Are Cost-competitive: Precigen has introduced UltraPorator, which is a nucleic acid transfection system that increases the efficiency of transfection, Zabsevari said.

UltraPorator can transfect the company's ultra-vectors to a T cell, and is capable of 4 billion T cell transfections in under 12 minutes in a semi closed system compared to four to six hours with current technology, the CEO said.

It also reduces the risk of failure due to the reduced handling involved, she said. 

Precigen has two ongoing trials. One is in ovarian cancer, in solid tumors: PRGN 3005, which is in Phase 1 development.

PRGN 3006  is being evaluated in acute myeloid leukemia at Moffitt Cancer Center, Zabsevari said. 

The Administration Of Precigen's Therapy: Once patients enter the clinic, their T cells are separated and transfected with ultra-vectors using the UltraPorator.

The cells are incubated and quality checked the next morning. The cells of the patients are then returned back to the patient — vein-to-vein in under 24 hours. 

The membrane-bound IL1, an expression of a specific gene designed by Precigen, is like a backpack of food for T cells, allowing them to expand and persist, Zabsevari said.

https://www.benzinga.com/general/biotech/21/04/20474867/exclusive-precigens-ceo-breaks-down-biotechs-oncology-platforms-technology-differentiators

All Americans age 16 and up eligible for vaccine by April 19

 U.S. President Joe Biden will announce on Tuesday that the target to make COVID-19 vaccines available to everyone age 16 and older will be moved up by nearly two weeks, the White House said, as the United States has administered 150 million shots since he took office.

Biden will direct states to widen the vaccine eligibility by April 19, two weeks earlier than the May 1 deadline he announced previously. No COVID-19 vaccine is yet authorized for children under 16, although testing is underway.

Biden is “confirming for the public that everyone is eligible around the country,” White House press secretary Jen Psaki told reporters on Tuesday. That means Americans no longer need to check with state and local websites to see whether they qualify, she said.

Biden plans to tell Americans that “this is the time to go,” Psaki said. “The lines are going to become longer. There are going to be more people waiting,” she said.

But vaccine supplies and efficiency in getting shots into arms have increased significantly in the race to get more people inoculated as more contagious virus variants circulate.

On Tuesday, Biden is scheduled to tour a vaccination site at Virginia Theological Seminary in Alexandria, Virginia, before making the announcement at the White House around 3:45 p.m. (1945 GMT).

“Governors - Democrats and Republicans - are working with (the White House COVID-19 response team) to accelerate the vaccination program,” White House chief of staff Ron Klain said on Twitter.

When vaccine doses were in shorter supply, states initially limited distribution to higher-risk groups, such as the elderly and front-line healthcare workers.

Upon taking office in January, Biden set a goal of delivering 100 million shots into people’s arms within his first 100 days in office, which is the end of April. That goal has since been doubled to 200 million.

COVID-19 has killed more than 555,000 people in the United States, but more than 167 million vaccine doses have been administered in the country. Four in 10 Americans have had at least one vaccine dose, a rate far ahead of most countries.

The authorized vaccines from Moderna and Pfizer/BioNTech both require two doses, while Johnson & Johnson’s is a one-shot vaccine. The Pfizer vaccine is authorized for those aged 16 and up, while the other two can be given to adults age 18 and older.

U.S. vaccine distribution began under Biden’s predecessor, Donald Trump.

https://www.reuters.com/article/us-health-coronavirus-usa/all-americans-age-16-and-up-eligible-for-vaccine-by-april-19-white-house-says-idUSKBN2BT1IF

AB Science in licensing pact for Covid-19 prevention, treatment R&D

 AB Science SA (Euronext - FR0010557264 - AB), together with the University of Chicago, today announces the signing of an exclusive licensing agreement for conducting research on the prevention and treatment of humans infected with nidoviruses, coronaviruses and picornaviruses.

This collaboration follows the discovery by the University of Chicago that masitinib inhibits the main protease (3CLpro) necessary for the SARS-CoV-2 viral replication cycle [1].

Under this agreement, AB Science will supply masitinib and more than 130 other AB Science proprietary drugs that have demonstrated activity against SARS-CoV-2 main protease 3CL-Pro via virtual screening methodology, and will benefit from the proprietary research platform of the University of Chicago.

The University of Chicago will perform the following research activities:

  • Enhance the preclinical program of masitinib against SARS-CoV-2
  • Initiate investigation with masitinib against other viruses that are dependent on protease 3CL-Pro for replication
  • Test and identify analogues of masitinib active against SARS-CoV-2 protease 3CL-Pro

To secure and consolidate patent positions, AB Science and the University of Chicago will merge their patent rights related to masitinib or masitinib analogues related to virology applications. The University of Chicago’s Polsky Center for Entrepreneurship and Innovation worked with the researchers to file the associated patents and then completed the license agreement with AB Science.

In case of commercialization in viral disease, AB Science will benefit from an exclusive, royalty-bearing license on any discoveries made with AB Science products (1% of net sales on first registered product and 0.3% of net sales on further registered product to be paid to the University of Chicago).

https://www.globenewswire.com/news-release/2021/04/06/2204612/0/en/AB-Science-announces-the-signing-of-an-exclusive-licensing-agreement-with-the-University-of-Chicago-to-conduct-research-for-the-prevention-and-treatment-of-Covid-19.html