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Wednesday, November 17, 2021

Vaxart Publishes Complete Data from Preclinical COVID-19 Oral Vaccine Hamster Challenge Study

 Study demonstrates oral vaccination significantly reduces viral titers in the lung and protects against COVID-19 in animal model

Vaxart, Inc. (NASDAQ: VXRT) announced today the Journal of Infectious Diseases has published complete data from Vaxart’s preclinical Hamster Challenge Study. The study shows Vaxart’s COVID-19 oral vaccine candidate’s potential efficacy in preventing SARS-CoV-2 infection.

“The complete data from the Hamster Challenge Study, together with Vaxart’s other preclinical and clinical data, reinforce our belief that Vaxart’s vaccine could have a major impact on the fight against COVID-19.” said Dr. Sean Tucker, Vaxart’s Chief Scientific Officer and founder, as well as a co-author of the study.

The Hamster Challenge Study adds to the significant body of preclinical and clinical evidence Vaxart has amassed during the last two years supporting its belief that Vaxart’s room temperature oral tablet COVID-19 vaccine candidate, can be effective against SARS-CoV-2:

  • Hamster Transmission Study, conducted by Duke University and published in bioRxiv last month, demonstrated that the COVID-19 vaccine reduced the airborne transmission of SARS-CoV-2 virus in a hamster model.

  • These results are consistent with those from Vaxart's Phase II human flu challenge study, which showed that Vaxart's oral tablet flu vaccine was better at reducing shedding than the injectable flu vaccine comparator.

  • Vaxart’s Phase I results, released earlier this year, showed that the vaccine triggered multiple immune responses against SARS-CoV-2 antigens, including strong T-cell and IgA responses.

  • Vaxart anticipates its Phase II clinical study to provide additional evidence regarding the potential impact and efficacy of the oral tablet COVID-19 vaccine. Initial data from that study is expected in Q1 2022.

3 Pharma Companies Seek to Address FDA Rejections

 Iterum Therapeutics will head back into the clinic to meet regulatory requirements to refile a New Drug Application (NDA) for oral sulopenem, which has been developed to treat uncomplicated urinary tract infections (uUTI).

On Friday, Chief Executive Officer Corey Fishman said the company had requested a Type B meeting with the U.S. Food and Drug Administration (FDA) regarding designing a Phase III trial of oral sulopenem that could lead to a resubmission of the NDA. In July, the FDA hit Iterum with a Complete Response Letter (CRL), rejecting the company’s application for regulatory approval.

The FDA noted that, in the Phase III SURE-1 study, there was a statistical significance in the difference in the overall response rate of oral sulopenem compared to the antibiotic drug ciprofloxacin in the ciprofloxacin-resistant population.

According to the FDA, additional data was necessary before it could approve the medication. Specifically, the FDA is seeking data that will support approval for treating adult women with uncomplicated urinary tract infections caused by designated susceptible microorganisms proven or strongly suspected to be non-susceptible to a quinolone. To achieve this, the FDA recommended another clinical study using a different comparator drug. Additionally, the FDA recommended that Iterum conduct further nonclinical investigation to determine the optimal dosing regimen.

Illinois-based Eton Pharmaceuticals is also moving forward with plans to seek regulatory approval following a CRL. Earlier this year, the FDA issued the CRL for Eton’s dehydrated alcohol injection to treat methanol poisoning.

The FDA’s rejection largely centered on issues concerning the company’s European contract manufacturer. According to the letter, travel restrictions related to the ongoing COVID-19 pandemic prevented the FDA from inspecting the manufacturing facility ahead of the PDUFA date. That was an issue that plagued multiple companies over the past year.

On Monday, Eton said in its third-quarter financial report that the company held a meeting with the FDA to discuss the Complete Response Letter and its efforts to respond to the regulatory agency.

“Based on the positive outcome of the meeting, Eton believes the FDA’s requests are fully addressable, and the company expects to submit its response as an amendment in the coming months,” the company said in its announcement.

San Diego-based Acadia Pharmaceuticals is also continuing efforts to address a CRL issued by the FDA earlier this year. In April, the FDA rejected Acadia’s supplemental New Drug Application for Nuplazid, which had previously been approved for hallucinations and delusions associated with Parkinson’s disease psychosis. The company hoped to expand the label to include hallucinations and delusions associated with dementia-related psychosis.

However, that was stymied by the FDA, which said the company’s clinical data lacked statistical significance in some of the dementia subgroups. The FDA claimed not enough patients with specific less common dementia subtypes failed to show effectiveness.

When the CRL was issued, Acadia said it had a previous agreement with the Division of Psychiatry over the study design for the pivotal Phase III trial, which included a broad dementia-related psychosis patient population analyzed as a single group.

In its quarterly report issued earlier this month, has scheduled a meeting with the FDA to discuss additional analyses supporting a potential resubmission of the sNDA focused on specific subgroups of dementia. The company said it will provide an update following the meeting, held at the end of the year.

https://www.biospace.com/article/three-companies-seek-to-address-fda-rejections/

Buffett Scales Back Big Biopharma Investments

 What does Warren Buffett know that everyone else does not? Exactly one year ago, BioSpace reported that Buffett’s Berkshire Hathaway Inc. was investing heavily in four pharmaceutical companies: Pfizer, Bristol-Myers Squibb, AbbVie, and Merck & Co. This week, Berkshire announced that it has scaled back those investments and completely eliminated its stake in Merck. 

The most perplexing nugget is that Berkshire dropped its investment in Merck just before the company came out with results showing that its COVID-19 antiviral molnupiravir might be the next step toward exiting the now 20-month-old pandemic. The drug, which Merck has since submitted to the U.S. Food and Drug Administration (FDA) for Emergency Use Authorization (EUA), cut deaths and hospitalizations in adult patients by approximately 50%. Merck shares soared as high as 12.3% following the announcement.

Still, on Monday, Berkshire, which usually appears to possess a crystal ball, said it had eliminated its investment in Merck and reduced its shares in AbbVie and BMS. Merck spinoff Organon & Co. also lost Buffett’s vote, as his company cleared its 1.55 million shares from the women’s health specialty company.

Buffet does still appear to be betting on the pharmaceutical industry, albeit with a seemingly different strategy. According to a securities filing, Berkshire’s new investments include a sum of $475 million in Royalty Pharma Plc, a company that, true to its name, invests in the life sciences industry by buying drug royalties. The New York-based company purchases economic interests in marketed and late-stage biopharmaceutical products from other life sciences organizations. Royalty Pharma also partners with biopharma companies to co-develop and co-fund products in late-stage clinical trials. In June, the company inked a long-term strategic funding partnership with MorphoSys AG worth $2.025 billion. In August 2020, the company invested up to $450 million in Biohaven Pharmaceutical to help Biohaven advance its CGRP receptor antagonist program. Royalty Pharma’s shares rose more than 5% following the news of Berkshire’s investment. Teva Pharmaceuticals also maintained its approximately $400 million buy-in from Berkshire.

In November 2020, Berkshire made significant investments in Pfizer, Merck, BMS, and AbbVie to the tune of $1.8 billion to $1.9 billion in each. The recent reports do not mention anything about Pfizer, which on Tuesday submitted an EUA filing with the FDA for its own COVID-19 antiviral, Paxlovid. Berkshire’s shares in AbbVie and BMS fell 30% and 16%, respectively, in the third quarter.

While leaving its largest investments in Apple and Bank of America alone, the conglomerate also trimmed back its shares in financial firms Visa, Mastercard, and trimmed its U.S. Bancorp. 

https://www.biospace.com/article/warren-buffet-scales-back-big-biopharma-investments/

Biogen's Aduhelm Faces Another Setback as EU Votes No

 Biogen's controversial Alzheimer’s drug, Aduhelm (aducanumab), faced another hurdle this week. The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) issued a negative trend vote on the company’s Marketing Authorization Application (MAA) for the drug. CHMP will have a meeting on December 13-16, 2021, and is expected to give a formal opinion.

“While we are disappointed with the trend vote, we strongly believe in the strength of our data and that aducanumab has the potential to make a positive and meaningful difference for people and families affected by Alzheimer’s disease,” said Priya Singhal, head of Global Safety & Regulatory Sciences and interim head of Research & Development at Biogen.

The drug, which was approved by the U.S. Food and Drug Administration (FDA) on June 7, 2021, has faced criticism and controversy while being slow to gain traction. Biogen reported the drug only brought in $300,000 in third-quarter sales, which is dramatically lower than original analyst average estimates of $10.79 million. There are questions about the drug’s efficacy, potential side effects, price, and the overall approval process. 

The Office of the Inspector General for Health and Human Services (HHS) is investigating the approval process at the request of the FDA’s acting director Janet Woodcock. Congress has questioned the price of $56,000 per patient per year, and Medicare is still conducting its review, with a final decision on reimbursement not expected until March 2022. It’s not that the price is that high, but instead, there are potentially three million patients for the drug in the U.S., most on Medicare. If the drug was broadly adopted at that price, it would likely bankrupt Medicare.

Still, Biogen continues to produce data in support of the drug. The recent Clinical Trials on Alzheimer’s Disease conference presented data from two Phase III trials that demonstrated Aduhelm reduced amyloid plaque and significantly lowered plasma p-tau181, a biomarker of tau tangles in Alzheimer’s disease. 

Alzheimer’s pathology is associated with the accumulation of two types of abnormal proteins in the brain, beta-amyloid and tau. Typically, beta-amyloid is seen earlier in the disease and tau is seen later. The original approval of the drug was primarily based on the drug’s ability to clear beta-amyloid. The clinical benefit seen in the earlier Phase III studies was not as clear, which was part of the controversy. 

When the FDA’s advisory committee met to discuss the drug in late 2020, they asked the FDA if the agency was considering an accelerated approval pathway, which would base approval on a biomarker instead of clinical benefit. The FDA said they did not. So the advisory committee largely voted against recommending the drug. 

The FDA went ahead and approved it but did so under an accelerated approval pathway based on biomarkers indicating clearance of beta-amyloid and required a post-marketing study to verify clinical effectiveness. But the post-marketing research did not have to report for nine years. Tau was not part of the approval.

In the most recent studies, Biogen reported that the change in plasma p-tau181 was significantly tied with changes in beta-amyloid and that the shift decreased the decline of cognition and memory on all primary and secondary outcomes measures in Alzheimer’s patients. In short, Biogen argued, the latest data offered additional evidence of the drug’s efficacy.

High doses of Aduhelm significantly lowered plasma p-tau181 in a dose- and time-dependent fashion compared to placebo, according to its studies. In the Phase III EMERGE study, p-tau was reduced 13% from baseline compared to an 8% increase in placebo patients. In the Phase III ENGAGE trial, there was a 16% reduction of p-tau and a 9% increase in the placebo cohort.

Alfred Sandrock Jr., head of Research and Development at Biogen, who announced his retirement today, said of the studies, “We now have robust and concordant data that Aduhelm has effect on two core defining pathologies of Alzheimer’s disease, and substantial evidence of treatment correlation between changes in plasma p-tau181 and the slowing of disease progression.”

Biogen shares dropped 4% at the news. It is unclear if the newly announced data was part of the submission package to the EMA or if the company will submit more data ahead of the December 13-16 meeting.

https://www.biospace.com/article/european-regulators-don-t-recommend-biogen-s-alzheimer-s-drug/

Moderna seeks U.S. authorization of COVID-19 vaccine boosters for all adults

 Moderna Inc said on Wednesday it had applied with the U.S. Food and Drug Administration for authorization of its COVID-19 booster vaccine for all adults aged 18 and older.

The FDA has cleared booster shots of COVID-19 vaccines for people who are immunocompromised, those aged 65 and older and for individuals at high risk of severe disease or who are regularly exposed to the virus.

Pfizer Inc last week applied for a similar clearance for the booster doses of the vaccine it has developed with German partner BioNTech.

A U.S. Centers for Disease Control and Prevention (CDC) advisory panel will meet on Friday to discuss expanding the eligibility for booster doses of the Pfizer vaccine.

https://finance.yahoo.com/news/1-moderna-seeks-u-authorization-183121398.html

GOP senators filing challenge to Biden vaccine mandate for businesses

 Senate Republicans are filing a formal challenge to President Biden's vaccinate-or-test COVID-19 mandate for businesses, seeking to stop the administration from implementing the mandate.

All 50 GOP senators, led by Sen Mike Braun (Ind.), joined to file their protest of the executive rule under the Congressional Review Act (CRA). The mandate is expected to affect millions of workers.

The rule published through the Occupational Safety and Health Administration (OSHA) earlier this month orders businesses with at least 100 employees to require their workers to get vaccinated or undergo regular testing by Jan. 4, although it faces legal challenges.

Republicans have said this rule represents federal government overreach and violates American workers’ civil liberties. The resolution was referred to the Senate Health, Education, Labor and Pensions (HELP) Committee, and a floor vote could come as early as December. 

“Republicans are united against President Biden’s vaccine-or-test mandate for businesses, but this federal overreach is not a partisan issue, and the consequences of this mandate are affecting Americans in all 50 states,” Braun said in a statement. 

The filing aligns with a challenge introduced in the House by Republicans, led by Rep. Fred Keller (R-Pa.).

With narrow Democratic majorities in the House and Senate, the effort is expected to be unsuccessful, but the vote could prove difficult for vulnerable incumbents up for reelection. 

The Biden administration’s vaccinate-or-test requirement is estimated to impact more than 84 million workers, with businesses set to face fines of up to $136,532 for "willful violations."

Braun, the ranking member of a Senate panel on employment and workforce safety, originally announced Republicans’ plans to challenge the executive rule earlier this month.

Several states, employers and religious groups filed lawsuits against the highly debated rule before the legal battle was transferred to a Cincinnati-based federal appeals court this week.

Biden administration officials seek to request the 6th Circuit Court of Appeals to reimplement the mandate after it was temporarily halted by the 5th Circuit Court of Appeals.

Officials have cited mandates as effective in boosting vaccination rates, in the hopes of increasing the stagnating national rate. 

https://thehill.com/policy/healthcare/581941-gop-senators-filing-challenge-to-biden-vaccine-mandate-for-businesses

Annual overdose deaths top 100K for the first time

 More than 100,000 people died of drug overdoses in the United States during the 12-month period ending April 2021, according to provisional data published Wednesday by the Centers for Disease Control and Prevention (CDC).

That number is a record high and represents a nearly 29 percent increase over the year before, the agency said.

Opioids accounted for nearly 75,000 deaths through April, and synthetic opioids specifically, like fentanyl, killed 64,000 people, the CDC said.

"As we continue to make strides to defeat the COVID-19 pandemic, we cannot overlook this epidemic of loss, which has touched families and communities across the country," President Biden said in a statement. 

Advocacy groups are sounding the alarm about the persistent lack of access to substance use disorder treatment across the country.

Miriam Delphin-Rittmon, the assistant secretary for mental health and substance use, said the administration is working to expand access to treatment but recognizes that "treatment alone is insufficient to ensure long term recovery. That's why we remain focused on increasing funding for recovery support, as well as training additional workforce for peer employment and housing support."

While most attention and government resources have been focused on COVID-19, the overdose crisis has worsened as people struggle with job losses, isolation and the deaths of family and friends brought on by the pandemic.

The Biden administration's American Rescue Plan invested nearly $4 billion to expand access to mental health and substance use disorder services.

Still, administration officials are warning that fast-acting synthetics are a major problem. 

"This crisis is driven by fentanyl and methamphetamine. Today, drug cartels in Mexico are mass producing fentanyl and methamphetamine largely sourced from chemicals in China. And they're distributing these substances throughout the United States," Drug Enforcement Agency Administrator Anne Milgram said.

https://thehill.com/policy/healthcare/581948-annual-overdose-deaths-top-100k-for-the-first-time