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Thursday, April 8, 2021

Provention Bio Updates on Application for Teplizumab to Prevent Type 1 Diabetes

 Conference call and webcast to be held today at 5:00 p.m. Eastern Time -

Provention Bio, Inc. (Nasdaq: PRVB), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated disease, today announced that the Company received a notification on April 2, 2021 from the U.S. Food and Drug Administration (FDA), stating that, as part of its ongoing review of the Company's Biologic License Application (BLA) for teplizumab for the delay or prevention of clinical type 1 diabetes, the FDA has identified deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time. The FDA stated in the correspondence that the notification does not reflect a final decision on the information under review.

Additionally, during an informal discussion on April 2, 2021 regarding the agenda for the upcoming Advisory Committee meeting scheduled for May 27, 2021, the FDA informed the Company that it had completed its review of the data and analysis submitted by the Company for its single, low-dose pharmacokinetic/pharmacodynamic (PK/PD) bridging study conducted in healthy volunteers. This study evaluated the PK/PD comparability of drug product originating from drug substance manufactured by AGC Biologics, which the Company plans to use for commercialization, and drug product originating from historic drug substance manufactured by Eli Lilly used for the TN-10 study submitted for the teplizumab BLA. The FDA indicated that based on the data it has reviewed to date, the Agency's position is that the PK profiles of the two drug products evaluated in the PK/PD bridging study were not comparable and that additional data would be required before the FDA's considerations could be satisfied. As a follow up, today, the FDA stated to the Company that it is willing to discuss these issues concurrently with its ongoing review.

The FDA intends to continue the review of clinical data submitted in the BLA and to conduct the Advisory Committee meeting, scheduled on May 27, 2021.

Provention Bio will discuss these business updates via conference call today at 5:00 pm ET. To access the call, please dial 1-877-870-4263 (domestic) or 1-412-317-0790 (international) ten minutes prior to the start time and ask to be connected to the "Provention Bio Call". An audio webcast will also be available on the "Events and Webcasts" page of the Investors section of the Company's website, www.proventionbio.com. An archived webcast will be available on the Company's website approximately two hours after the conference call.

Celcuity, Pfizer in Licensing Pact to Develop PI3K/mTOR Inhibitor for Breast Cancer

 Preliminary data from 103 patients in the expansion portion of a Phase 1b clinical trial demonstrated the drug was well tolerated and anti-tumor activity was noted

- Unique opportunity to leverage CELsignia platform to advance development of a first-in-class targeted therapy

Management to host conference call/webcast today, April 8, 2021, at 5:00 p.m. ET

The Celcuity management team will host a webcast/conference call today, April 8, 2021, at 5:00 p.m. ET to discuss the gedatolisib license agreement. To participate in the call, dial 1-877-407-8035. A live webcast presentation can also be accessed using this weblink at: https://www.webcaster4.com/Webcast/Page/2678/40570 or via Celcuity’s website at https://celcuity.com/home/investors/events-webcasts/. A replay of the webcast will be available on the Celcuity website for a limited time following the event.

https://finance.yahoo.com/news/celcuity-announces-worldwide-licensing-agreement-200200767.html

Fed's Kashkari: Variants are 'biggest risk for recovery'

 Variants of the virus that causes COVID-19 post the biggest threat to the U.S. economic recovery, Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday.

“The biggest risks that I see to the recovery are these variants,” Kashkari told the Economic Club of New York, noting the ability of one variant now thought to be dominant in parts of the United States to easily infect younger people.

If daycare centers and schools need to be closed in response to the spread, he said, that could strain families and “set us back. That’s not my basecase scenario but that’s what the healthcare experts that I consult with are warning me about.” 

https://www.reuters.com/article/usa-fed-kashkari/feds-kashkari-says-variants-are-biggest-risk-for-recovery-idUSS0N2JQ02D

Can the AstraZeneca Vaccine Cause Blood Clots? What You Need to Know

 European health regulators have advised that there may be a link between the Covid-19 vaccine developed by AstraZeneca PLC and the University of Oxford and very rare blood clots, and some governments have recommended restricting its distribution among younger people as a result. The potential side effect is rare -- so rare it is only likely to be picked up in a real-world rollout of the vaccine rather than in earlier clinical trials involving many fewer people. The concern is limited to the AstraZeneca vaccine, which isn't yet authorized for use in the U.S. Here is what you need to know.

What decisions have European regulators made on the AstraZeneca vaccine?

The European Medicines Agency and the U.K.'s Medicines and Healthcare products Regulatory Agency on Wednesday issued new guidance on the use of the AstraZeneca vaccine. Both regulators said there might be a link between the vaccine and very rare blood clots, some of which have been fatal. The EMA advised European Union governments to keep using the vaccine in all age groups -- though some governments have said they would limit the use of the shot to older people. In the U.K., a panel of scientists that advises on vaccines said adults under 30 years old should be offered an alternative vaccine if available. Both urged doctors to be alert for symptoms of these clots in anyone newly vaccinated, especially if associated with another unusual condition involving low levels of platelets, a type of blood cell.

Why did they reach different conclusions?

Behind both decisions is an assessment of the trade-off between the benefits of vaccination against Covid-19 and the risk of suffering an extremely rare side effect soon after getting a shot. The risk of severe illness and death from Covid-19 rises steeply with age. That means for older people, the risks are more heavily weighted in favor of vaccination. For younger people, who are much less likely to fall gravely ill with Covid-19, the risks are more finely balanced, especially because the latest evidence suggests these rare clots are slightly more likely to occur in younger people than older people.

A key thing to understand, though, is that the balance of these risks for young people in some parts of the EU and young people in the U.K. aren't necessarily the same, and can change over time. That helps explain why regulators made different recommendations.

So what kind of risks are we talking about?

Regulators said that as of April 4 there have been 169 cases of a type of blood clot in the brain called a cerebral venous sinus thrombosis, or CVST, in Europe since vaccinations began, and 53 cases of another rare clot. Through April 4, 34 million people had been vaccinated in the region, giving a crude frequency of six or seven cases per million vaccinations. Reviews of the medical literature suggest CVST would be expected to occur in around two to four people per million a year.

Reported cases vary considerably from country to country. The U.K. has recorded 44 cases of CVST out of more than 20 million vaccine doses. Germany has logged 31 cases out of 2.7 million vaccinations and Norway five out of just 120,000 shots. Regulators report higher incidences of clots among women than among men.

The infection fatality rate for Covid-19, meanwhile, is estimated to be around 1%, meaning that for every million people infected, 10,000 deaths would be expected. But for younger people, the risk is considerably lower. The IFR for someone aged 20 to 29 is estimated to be 0.03% to 0.04%, meaning that for every million people in that age group infected, 300 to 400 deaths would be expected.

That isn't the end of the story. In considering whether the risk of getting seriously ill and even dying from Covid-19 outweighs the risk of getting a blood clot as a side effect of vaccination, it is also worth considering the likelihood of catching the disease in the first place.

That is where the balance of risks behind these decisions is most pertinent. A University of Cambridge analysis shows that if Covid-19 infection is accelerating, with new cases being detected at a rate of 200 per 100,000 people a day, for instance, then vaccinating 100,000 20-to-29-year-olds would prevent seven intensive-care admissions over a four-month period. If daily incidence is lower, at 20 cases for every 100,000 people, roughly where the U.K. was in March, then vaccination would prevent 0.8 intensive-care admissions. The same analysis put the risk of a severe blood clot as a consequence of vaccination in people of the same age group at 1.1 per 100,000 doses administered.

How do those risks compare to other common risks?

The chance of dying in a road accident in 50 years of driving is one in 85, according to the British Medical Journal. Blood clots are a side effect of contraceptive pills, and over the course of a year can occur in between two and 12 of every 10,000 women taking them, depending on the medication in question. Studies cited by the U.S. Centers for Disease Control and Prevention suggest that there is a 0.3% chance of developing a symptomatic blood clot after a flight of longer than eight hours -- 30 per 10,000.

What else should be considered when weighing the risks of Covid-19 and vaccination?

While for young people most Covid-19 cases are mild, scientists are concerned about so-called long Covid, a puzzling and sometimes debilitating set of symptoms that can persist long after infection. Some studies have found around 10% of people infected are still suffering symptoms 12 weeks after infection. Another consideration is herd immunity. Preventing a virus spreading by ensuring sufficient numbers are immune not only protects against future outbreaks but shields those especially vulnerable to the virus.

https://www.marketscreener.com/quote/stock/ASTRAZENECA-PLC-4000930/news/Can-the-AstraZeneca-Vaccine-Cause-Blood-Clots-What-You-Need-to-Know-32916944/

Corcept NASH trial suspended: NIH

 

Col. Vax Site Temporarily Closed After Some Experience Adverse Reactions

 A mass-vaccination site in Colorado was closed Wednesday after some people experienced adverse effects after being given a shot of the Johnson & Johnson Covid-19 vaccine.

A total of 11 patients were affected, according to Centura Health, one of the largest healthcare networks in the region, which runs the site along with the state of Colorado.

"Medical staff on site determined two individuals required additional observation and out of an abundance of caution, they were transported to a nearby hospital," Centura Health said in a statement.

It is unclear whether the adverse reactions were related to the vaccine.

Johnson & Johnson didn't immediately comment. The Colorado Department of Public Health and Environment didn't immediately respond to a request for comment.

The vaccination site at Dick's Sporting Goods Park, a stadium in Commerce City, just outside of Denver, was closed for the remainder of the day and existing appointments were rescheduled. The site is normally closed from Thursday to Saturday. Normal operations will resume on Sunday, a Centura Health spokesperson said.

More than 1,700 individuals had received vaccinations Wednesday, Centura Health said. The patients who experienced adverse reactions accounted for 0.62% of those vaccinated, it said.

Federal health regulators authorized Johnson & Johnson's [one-shot vaccine  in late February, saying it was safe and effective. It is one of three vaccines authorized for use in the U.S., along with those from Pfizer and partner BioNTech, and Moderna.

Early safety monitoring of Covid-19 vaccines has found rare reports  of severe allergic reactions after vaccination, according to the Centers for Disease Control and Prevention.

The Food and Drug Administration says people who are allergic to the ingredients of a vaccine shouldn't take it. The vaccines from Pfizer and Moderna contain, among other ingredients, the genetic material RNA and a substance called polyethylene glycol, which has been associated with rare allergic reactions. The J&J vaccine contains an adenovirus, a virus that can cause the common cold, which is rendered harmless; polysorbate and other ingredients.

https://www.marketscreener.com/quote/stock/JOHNSON-JOHNSON-4832/news/Colorado-Vaccination-Site-Temporarily-Closed-After-Some-People-Experience-Adverse-Reactions-32918207/

ATEC Prelim Q1 2021 Revenue Results and Corporate Updates

 First quarter 2021 U.S. revenue grows approximately 50% compared to last year

Full year 2021 U.S. revenue growth now expected to exceed 30%

Tender offer for EOS imaging cleared by French regulatory authority

J. Todd Koning appointed Chief Financial Officer

https://finance.yahoo.com/news/atec-announces-preliminary-first-quarter-130500804.html