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Wednesday, October 20, 2021

Panel Gives Nod to Routine Use of Pfizer Prevnar 20 Pneumonia Vax

 

  • One dose of PREVNAR 20 is recommended by ACIP for adults ages 65 and older and adults ages 19 to 64 with certain risk conditions
  • New PREVNAR 20 one-dose guidance helps simplify long-standing adult pneumococcal recommendations

 Pfizer Inc. (NYSE:PFE) announced today that the Centers for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP) voted to recommend PREVNAR 20 (Pneumococcal 20-valent Conjugate Vaccine) for routine use to help protect adults against invasive disease and pneumonia caused by the 20 Streptococcus pneumoniae (pneumococcus) serotypes in the vaccine. Specifically, the ACIP voted to recommend the following:

  • Adults 65 years of age or older who have not previously received a pneumococcal conjugate vaccine or whose previous vaccination history is unknown should receive a pneumococcal conjugate vaccine (either PCV20 or PCV15). If PCV15 is used, this should be followed by a dose of PPSV23.
  • Adults aged 19 years of age or older with certain underlying medical conditions or other risk factors1 who have not previously received a pneumococcal conjugate vaccine or whose previous vaccination history is unknown should receive a pneumococcal conjugate vaccine (either PCV20 or PCV15). If PCV15 is used, this should be followed by a dose of PPSV23.

The recommendations will be forwarded to the director of the CDC and the U.S. Department of Health and Human Services for review and following approval, the recommendations are published in the Morbidity and Mortality Weekly Report. This will represent the first-time any pneumococcal conjugate vaccine has been routinely recommended for certain risk populations ages 19 to 64 years, such as people with diabetes and asthma.

“A single dose of PREVNAR 20 helps protect adults against vaccine-type pneumococcal pneumonia and invasive pneumococcal disease during a period where their risk is gradually increasing due to aging among other factors. Today’s vote acknowledges the important role of adult immunizations in helping protect eligible populations against certain potentially serious respiratory diseases during the current pandemic and beyond,” said Luis Jodar, Ph.D., Senior Vice President and Chief Medical Officer, Pfizer Vaccines. “The ACIP recommendation recognizes the significance as well of helping protect more populations under age 65 with co-morbid and immunocompromising conditions who are at increased risk of disease against these 20 disease-causing serotypes.”

https://www.pfizer.com/news/press-release/press-release-detail/advisory-committee-immunization-practices-votes-recommend

Chinese drug in-licensor LianBio sets terms for $325 million US IPO

 LianBio, which is developing in-licensed therapies for a variety of indications in China, announced terms for its IPO on Wednesday.


The Princeton, NJ-based company plans to raise $325 million by offering 20.3 million ADSs at a price range of $15 to $17. At the midpoint of the proposed range, LianBio would command a fully diluted market value of $1.8 billion.

LianBio is focused on the in-licensing, development, and commercialization of therapeutics in Greater China, including Mainland China, Hong Kong, Taiwan, Macau, and other Asian markets. The company currently has nine programs across five therapeutic areas, including oncology, cardiovascular, and inflammatory diseases. LianBio has in-licensed programs from Bristol Myers Squibb, BridgeBio, and Pfizer, in which LianBio typically buys the rights to pursue the program within China, in exchange for royalties.

LianBio was founded in 2019 and plans to list on the Nasdaq under the symbol LIAN. Goldman Sachs, Jefferies, and BofA Securities are the joint bookrunners on the deal. It is expected to price during the week of October 25, 2021.

FDA Additional Actions on Use of Booster Dose for COVID-19 Vaccines

 Today, the U.S. Food and Drug Administration took action to expand the use of a booster dose for COVID-19 vaccines in eligible populations. The agency is amending the emergency use authorizations (EUA) for COVID-19 vaccines to allow for the use of a single booster dose as follows:

  • The use of a single booster dose of the Moderna COVID-19 Vaccine that may be administered at least 6 months after completion of the primary series to individuals:
    • 65 years of age and older
    • 18 through 64 years of age at high risk of severe COVID-19
    • 18 through 64 years of age with frequent institutional or occupational exposure toSARS-CoV-2
  • The use of a single booster dose of the Janssen (Johnson and Johnson) COVID-19 Vaccine may be administered at least 2 months after completion of the single-dose primary regimen to individuals 18 years of age and older.
  • The use of each of the available COVID-19 vaccines as a heterologous (or “mix and match”) booster dose in eligible individuals following completion of primary vaccination with a different available COVID-19 vaccine.
  • To clarify that a single booster dose of the Pfizer-BioNTech COVID-19 Vaccine may be administered at least 6 months after completion of the primary series to individuals 18 through 64 years of age with frequent institutional or occupational exposure to SARS-CoV-2.

“Today’s actions demonstrate our commitment to public health in proactively fighting against the COVID-19 pandemic,” said Acting FDA Commissioner Janet Woodcock, M.D. “As the pandemic continues to impact the country, science has shown that vaccination continues to be the safest and most effective way to prevent COVID-19, including the most serious consequences of the disease, such as hospitalization and death. The available data suggest waning immunity in some populations who are fully vaccinated. The availability of these authorized boosters is important for continued protection against COVID-19 disease.”

“The amendments to the emergency use authorizations to include a single booster dose in eligible populations are based on the available data and information and follows the input from the members of our advisory committee who were supportive of the use of a booster dose of these vaccines in eligible populations,” said Peter Marks, M.D., Ph.D., director of the FDA’s Center for Biologics Evaluation and Research. “We are also taking action today to include the use of mix and match boosters to address this public health need. We will work to accrue additional data as quickly as possible to further assess the benefits and risks of the use of booster doses in additional populations and plan to update the healthcare community and public with our determination in the coming weeks.”

Authorization of Moderna COVID-19 Vaccine Booster Dose

To support the authorization for emergency use of a single booster dose of the Moderna COVID-19 Vaccine, the FDA analyzed immune response data from 149 participants 18 years of age and older from the original clinical studies who received a booster dose at least 6 months after their second dose and compared it to the immune responses of 1,055 study participants after completing their two-dose series. The antibody response of the 149 participants against SARS-CoV-2 virus 29 days after a booster dose of the vaccine demonstrated a booster response. 

The FDA also evaluated an additional analysis from Moderna comparing the rates of COVID-19 accrued during the Delta variant surge during July and August 2021, which suggest that there is a waning of vaccine effectiveness over time.

Safety was evaluated in 171 participants 18 years of age and older who were followed for an average of approximately six months. The most commonly reported side effects by the clinical trial participants who received the booster dose of the vaccine were pain at the injection site, tiredness, headache, muscle and/or joint pain, chills, swollen lymph nodes in same arm as the injection, nausea and vomiting, and fever. Of note, swollen lymph nodes in the underarm were observed more frequently following the booster dose than after the primary two-dose series.

Ongoing analyses from the FDA and the Centers for Disease Control and Prevention (CDC) safety surveillance systems have identified increased risks of inflammatory heart conditions, myocarditis and pericarditis, following vaccination with the Moderna COVID-19 vaccine, particularly following the second dose. Typically, onset of symptoms has been a few days following vaccination. The observed risk is higher among males under 40 years of age, particularly males 18 through 24, than among females and older males. 

The Moderna COVID-19 single booster dose is half of the dose that is administered for a primary series dose and is administered at least six months after completion of a primary series of the vaccine. 

Authorization of Janssen (Johnson and Johnson) COVID-19 Vaccine Booster Dose

The authorization for emergency use of a single booster dose of the Janssen COVID-19 Vaccine is based on the FDA’s evaluation of immune response data in 39 participants from a clinical trial including 24 participants who were 18 through 55 years of age and 15 participants who were 65 years of age and older.  The study participants received a booster dose approximately 2 months after their first dose, and the results demonstrated a booster response.

Overall, approximately 9,000 clinical trial participants have received two doses of Janssen COVID-19 Vaccine administered at least two months apart and of these, approximately 2,700 have had at least two months of safety follow-up after the booster dose. Janssen’s safety analyses from these studies have not identified new safety concerns.

Earlier analyses from the FDA and CDC safety surveillance systems suggest an increased risk of a serious and rare type of blood clot in combination with low blood platelets following administration of the Janssen COVID-19 vaccine. This serious condition is called thrombocytopenia syndrome (TTS). People who developed TTS after receiving the vaccine had symptoms that began about one to two weeks after vaccination. Reporting of TTS has been highest in females ages 18 through 49 years. In addition, safety surveillance suggests an increased risk of a specific serious neurological disorder called Guillain BarrĂ© syndrome, within 42 days following receipt of the Janssen COVID-19 Vaccine.  

Authorization of “Mix and Match” Booster Dose

Today, the FDA is also authorizing the use of heterologous (or “mix and match”) booster dose for currently available (i.e., FDA-authorized or approved) COVID-19 vaccines. Following a presentation of clinical trial data from the National Institute of Allergy and Infectious Diseases, the Vaccines and Related Biological Products Advisory Committee’s discussion of information submitted for consideration, along with the agency’s evaluation of the available data, the FDA has determined that the known and potential benefits of the use of a single heterologous booster dose outweigh the known and potential risks of their use in eligible populations.

A single booster dose of any of the available COVID-19 vaccines may be administered as a heterologous booster dose following completion of primary vaccination with a different available COVID-19 vaccine. The eligible population(s) and dosing interval for a heterologous booster dose are the same as those authorized for a booster dose of the vaccine used for primary vaccination.

For example, Janssen COVID-19 Vaccine recipients 18 years of age and older may receive a single booster dose of Janssen COVID-19 Vaccine, Moderna COVID-19 Vaccine (half dose) or Pfizer-BioNTech COVID-19 Vaccine at least two months after receiving their Janssen COVID-19 Vaccine primary vaccination. 

In another example, Moderna COVID-19 Vaccine and Pfizer-BioNTech COVID-19 vaccine recipients falling into one of the authorized categories for boosters (65 years of age and older, 18 through 64 years of age at high-risk of severe COVID-19, and 18 through 64 years of age with frequent institutional or occupational exposure to SARS-CoV-2) may receive a booster dose of Moderna COVID-19 Vaccine (half dose), Pfizer-BioNTech COVID-19 Vaccine or Janssen COVID-19 Vaccine at least six months after completing their primary vaccination.

The agency recognizes that health care providers and COVID-19 vaccine recipients will have questions about booster doses. The individual fact sheets for each available vaccine provide relevant information for health care providers and the vaccine recipients. The agency encourages health care providers to also follow the recommendations that will be provided by the CDC following a meeting of their Advisory Committee on Immunization Practices and formal recommendations signed by the CDC director.

https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-fda-takes-additional-actions-use-booster-dose-covid-19-vaccines

Novavax Insiders Highlight Covid Vaccine Struggles

 Novavax (NVAX) reiterated confidence in its manufacturing processes early Wednesday in response to a report outlining apparent struggles frustrating its Covid vaccine efforts. But NVAX stock still plummeted.

On the stock market today, NVAX stock plunged 14.8% to 136.86 even after the company affirmed plans to achieve a capacity of 150 million doses per month in the fourth quarter.

"We are confident our vaccine will soon play a significant role in the global Covid-19 vaccine arsenal, differentiated by its potential to help address two major issues slowing the world's ability to end the pandemic: global distribution challenges and vaccine hesitancy," Chief Executive Stanley Erck said in a written statement.

Erck's comments follow a Politico report that sent NVAX stock tumbling. Novavax is reportedly struggling to purify its shot enough to suit the Food and Drug Administration.

The agency requires a Covid vaccine to be 90% pure. That means free of contaminants or unnecessary substances that could undo the vaccine's effectiveness or introduce side effects. Novavax's shot hovers around 70% pure, the Politico report said, citing an unnamed source.

As a result, a global initiative to deliver Covid vaccines to low- and middle-income countries is facing significant delays that could potentially worsen. Novavax is first working to launch its vaccine in those countries. It already has filed for authorization in India, Indonesia and the Philippines.

NVAX Stock Plummets On Manufacturing Concerns

Some of the issues were highlighted in a June 30 filing with the Securities and Exchange Commission.

"The U.S. government has recently instructed us to prioritize alignment with the FDA on our analytic methods before conducting additional U.S. manufacturing and further indicated that the U.S. government will not fund additional U.S. manufacturing until such agreement has been made," Novavax said in the filing.

A representative of Novavax didn't respond to Investor's Business Daily's questions regarding vaccine purity. In a news release, the company reiterated its "commitment to the stringent standards of production and manufacturing" for the vaccine.

Delays have depressed NVAX stock in 2021. In the second-quarter earnings news release, Novavax said it wouldn't request FDA authorization for its Covid shot until the fourth quarter. Novavax is also planning to request the same of authorities in the U.K., Europe, Australia, Canada and New Zealand.

Vaccine Stocks Widely Pressured

Like other vaccine stocks, NVAX stock has crumbled since early October when Merck (MRK) announced its oral Covid pill reduced hospitalization or death by half.

Novavax's vaccine is highly effective, offering north of 90% protection against Covid. But the vaccine is also difficult to produce. It uses insect cells, an older but complex technology.

Pfizer (PFE), with partner BioNTech (BNTX), and Moderna (MRNA) use messenger RNA technology. Dow Jones giant Johnson & Johnson (JNJ) delivers its vaccine with a modified adenovirus.

Novavax was among the companies tapped by Operation Warp Speed, an initiative to develop vaccines and treatments to target Covid. NVAX stock reached a high point after the company received $1.6 billion from OWS. Now, it's possible Novavax might not even gain authorization in the U.S. if it can't get vaccine purity levels higher.

Meanwhile, the global effort to deliver vaccines to low- and middle-income countries — run by a group called COVAX — has slashed its expectations for 2021 deliveries to 1.425 billion doses, down from its prior goal of 2 billion.

https://www.investors.com/news/technology/nvax-stock-plummets-as-insiders-highlight-covid-vaccine-struggles/

Sesen Bio Shares Gain On FDA Type A Meeting

 

  • The FDA has granted Sesen Bio Inc's (NASDAQ: SESN) request for a Type A meeting to discuss the Chemistry, Manufacturing, and Controls (CMC) issues raised in the Complete Response Letter for Vicineum for BCG-unresponsive non-muscle invasive bladder cancer.

  • The CMC Type A Meeting has been scheduled for October 29.

  • The Company is also preparing for a separate Type A meeting to discuss the recommendations specific to additional data and analyses raised in the CRL.

  • The Company expects the Clinical Type A Meeting to happen later in Q4 of 2021.

Menarini Group, Radius Health: Positive Phase 3 Topline Results in Breast Cancer Trial

 

  • Study met both primary endpoints in patients with ER+/HER2- advanced or mBC

  • Elacestrant becomes the first oral SERD with positive topline results in pivotal study as a monotherapy versus SoC for the treatment of ER+/HER2- advanced or mBC

  • Elacestrant extended PFS in the overall population and the ESR1 mutation subgroup

  • Plans for regulatory submissions in both the United States and Europe in 2022

  • Data planned to be presented at the San Antonio Breast Cancer Symposium in December, 2021

F-star Therapeutics Shares Up After Janssen Biotech Deal

 F-star Therapeutics Ltd. shares were up 9% to $6.96 in premarket trading Wednesday after the biopharmaceutical company said it entered into a license and collaboration agreement with Johnson & Johnson's Janssen Biotech Inc.

Under the terms of the agreement, F-star said it will grant Janssen a worldwide, exclusive royalty-bearing license to research, develop, and commercialize up to five novel bispecific antibodies directed to Janssen therapeutic targets using F-star's proprietary Fcab and mAb platforms.

Janssen will be responsible for all research, development, and commercialization activities under the agreement.

F-star said it is entitled to receive upfront fees of $17.5 million, and near-term fees and potential further milestones of up to $1.35 billion. F-star is also eligible to receive potential tiered mid-single digit royalties on annual net sales.

https://www.marketscreener.com/quote/stock/F-STAR-THERAPEUTICS-INC-115594552/news/F-star-Therapeutics-Shares-Up-9-Premarket-After-Janssen-Biotech-Deal-36730372/