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Thursday, May 5, 2022

FDA Refutes Pfizer CEO's Recommendation of Second Paxlovid Round Upon Rebound

 The U.S. Food and Drug Administration indirectly refuted Pfizer's recommendation that it's all right for COVID-19 patients to take another round of Paxlovid if they experience a rebound after completing the first course.

The regulator's reaction came after Pfizer chief executive officer Albert Bourla said in an interview that physicians may give a second five-day course of Paxlovid if patients see a spike in their SARS-CoV-2 viral load. Bourla told Bloomberg: "You give a second course, like you do with antibiotics, and that's it. Paxlovid does what it has to do: it reduces the viral load, then your body is supposed to do the job."

According to Dr. John Farley, director of the FDA's Office of Infectious Diseases, there is no data to date supporting the claim. 

The FDA is looking into how often and why patients experience recurrent COVID-19 symptoms after discovering that 1% to 2% of patients had at least one positive polymerase chain reaction (PCR) test after taking the five-day course of Paxlovid or saw a spike in their viral load as per PCR. It remains unclear whether the rebound is linked to the treatment as of this writing because researchers also saw the same reaction in participants who received a placebo. 

"We are continuing to review data from clinical trials and will provide additional information as it becomes available. However, there is no evidence of benefit at this time for a longer course of treatment (e.g., 10 days rather than the 5 days recommended in the Provider Fact Sheet for Paxlovid) or repeating a treatment course of Paxlovid in patients with recurrent COVID-19 symptoms following completion of a treatment course," Dr. Farley said in a CDER Conversation posted on the FDA website. 

The FDA gave Paxlovid emergency use authorization after Pfizer's clinical trial demonstrated the drug's ability to reduce the risk of hospitalization or death by 88% in non-hospitalized patients at high risk of progression to severe disease. 

The National Institute of Allergy & Infectious Diseases is also planning trials that would bring clarity to the relapse cases, adding that it is "urgent" and a "priority." 

Until their ongoing evaluations provide definitive answers, the FDA recommends that health care providers stick to the prescribing information on Paxlovid's label, which clearly states that it should not be taken for more than five days. 

"In summary, Paxlovid reduces the risk of hospitalization and death for patients with mild-to-moderate COVID-19 at high risk of disease progression. Health care providers should consider treatment with Paxlovid or other approved or authorized therapeutics in accordance with the approved labeling or authorized Health Care Provider Fact Sheets," Dr. Farley added. 

https://www.biospace.com/article/fda-refutes-pfizer-s-claim-says-paxlovid-not-ok-for-second-round-for-now/

Intellia Previews Upcoming ATTR Readouts in Q1 Earnings Call

 Cambridge, MA-based Intellia Therapeutics’ first-quarter financial conference call and report focused on the company’s pipeline, particularly the ongoing Phase I trial of NTLA-2001 in patients with transthyretin (ATTR) amyloidosis with polyneuropathy. 

ATTR with polyneuropathy is a progressive, debilitating, systemic disease where transthyretin protein folds to form amyloid, which gets deposited in the endoneurium, part of the peripheral nervous system.

An interim readout of the Phase I trial at 1.0 mg/kg dose demonstrated a 93% mean and 98% maximum serum TTR reduction by day 28. The results were durable, observed through the follow-up period. The company initiated Part 2 in the polyneuropathy arm and expects to have another readout from Part 1 in June 2022. It also expects to have initial safety and serum TTR reduction data from Part 1 of the cardiomyopathy group in the second half of this year.

Dr. David Lebwohl, M.D., executive vice president and chief medical officer, noted, “NTLA-2001 was generally well tolerated at all dose levels…. Importantly, these reductions occurred rapidly.”

There was also a significant focus on Intellia's second in vivo candidate, NTLA-2002, which knocks out the KLKB1 gene in the liver. It is designed to permanently decrease total plasma kallikrein protein and activity, a key mediator of hereditary angioedema (HAE). 

HEA is marked by recurrent episodes of severe swelling of the skin and mucous membranes. When this occurs in the upper airway, it can cause upper airway obstruction, and in the GI tract, can lead to nausea, vomiting, diarrhea and abdominal pain. Skin swelling can lead to pain, dysfunction and disfigurement, although it is typically temporarily. Intellia is progressing the single-ascending dose part of its Phase I/II trial in adults with Type 1 or Type II HAE. It also wrapped dosing in the first dose-escalation cohort (25 mg fixed dose) and started enrolling patients in the second dose-escalation cohort for 75 mg fixed doses.

Dr. John Leonard, M.D., Intellia’s president and chief executive officer, stated, “Alongside the progress of our lead program, we continued to advance our second in vivo candidate, NTLA-2002, which benefits from the modularity of our platform. We look forward to another important clinical milestone in the second half of this year when we expect to present initial data from the NTLA-2002 first-in-human study. Finally, Intellia remains well-funded to drive forward our robust portfolio and to support continued investment in platform innovation as we build upon our leadership position in genome editing.”

As of March 31, the company had cash, cash equivalents and marketable securities of $994.7 million, with R&D expenses of $133.1 million, a significant jump from the same quarter in 2021 of $39.3 million. The jump was primarily related to $56.0 million related to the acquisition of Rewrite Therapeutics. G&A expenses increased by $8.8 million to $22.4 million in the first quarter compared to $133.6 million in the first quarter of last year. Intellia reported a net loss of $146.9 million for the first quarter.

Intellia inked a lease agreement in February to build a GMP manufacturing facility in Waltham, Massachusetts. This will be a 140,000-square-foot plant and support its manufacturing from preclinical through commercial activities. Intellia also completed the acquisition of Rewrite, a biotechnology company focused on novel DNA writing technologies, which Leonard said, “extends the reach of our technology beyond our core focus.”

Intellia was co-founded by Jennifer Doudna, who in 2020 was awarded the Nobel Prize in Chemistry with Emmanuelle Charpentier for their pioneering work in CRISPR-Cas9 gene editing. The company uses a modular genome editing platform that can be used to treat a variety of diseases. The company has built out an impressive array of partnerships with RegeneronNovartis, Ospedale San Raffaele, Teneobio, AvenCell, SparingVision, Kyverna and Onk Therapeutics.

“We’re building a full-spectrum gene editing company … to harness the full power of CRISPR gene editing,” Leonard said. 

https://www.biospace.com/article/intellia-focuses-on-upcoming-transthyretin-amyloidosis-readouts-in-q1-call/

BioAtla cut to Neutral from Outperform by Credit Suisse

 Target to $5 from $35

https://finviz.com/quote.ashx?t=BCAB

B. Riley Lowers Nephros' Price Target to $5.25 from $8

 After Lower-than-Expected Q1 Revenue, Keeps Buy Rating

https://www.marketscreener.com/quote/stock/NEPHROS-INC-64303070/news/B-Riley-Lowers-Nephros-Price-Target-to-5-25-from-8-After-Lower-than-Expected-Q1-Revenue-Keeps-B-40284870/

Axogen: Positive Topline Results from Phase 3 Study for Nerve Graft

 RECON achieved its Primary Endpoint, a critical milestone toward transitioning Avance Nerve Graft to a licensed biologic and further supporting the expanded adoption of Avance

Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today announced topline results from its RECON Clinical Study comparing Avance Nerve Graft to conduits in digital nerve injuries. The Phase 3 pivotal study met its primary endpoint for the return of sensory function as measured by static two-point discrimination, and the safety profile was consistent with previously published data. This data will support the company’s Biologics License Application (BLA) submission in the second half of 2023.

Additional analysis of the study data found:

  • Avance demonstrated statistical superiority for return of sensory function (measured by static two-point discrimination) as compared to conduits in gaps greater than 12 mm (p-value 0.021).

  • Avance demonstrated statistical superiority for time to recovery of static two-point discrimination as compared to conduits, returning normal sensation* up to 3 months earlier in gaps greater than 10 mm (p-value 0.037).

  • Conduit repairs were observed to have an increased likelihood of persistent and unresolved nerve pain with an incidence of 9 (8%) conduit subjects as compared to 2 (2%) Avance subjects.

AstraZeneca: Autoimmune Disease Treatment Ultomiris Met Phase 3 Trial Primary Endpoint

 AstraZeneca PLC said Thursday that its treatment for neuromyelitis optica spectrum disorder (NMOSD) Ultomiris met the primary endpoint in a Phase 3 clinical trial with a "statistically significant and clinically meaningful" reduction in the risk of relapse.

The Anglo-Swedish pharma giant said no relapse was observed in 58 patients during a treatment duration of 73 weeks.

"Every NMOSD relapse can have debilitating and irreversible consequences, so reducing relapses is critical," lead primary investigator in the trial Sean J. Pittock said.

The company said the data will be submitted to global health authorities as rapidly as possible.

https://www.marketscreener.com/quote/stock/ASTRAZENECA-PLC-4000930/news/AstraZeneca-Says-Autoimmune-Disease-Treatment-Ultomiris-Met-Phase-3-Trial-Primary-Endpoint-40276688/

AstraZeneca: Farxiga Heart Treatment Phase 3 Trial Met Primary Endpoint

 AstraZeneca PLC said Thursday that its Farxiga drug showed positive results from the Deliver and Dapa-HF Phase 3 trial in reducing the risk of cardiovascular death or worsening heart failure.

The Anglo-Swedish pharma giant said that the trial was conducted in patients suffering from heart failures with mildly reduced or preserved ejection fraction.

"The safety and tolerability profile of Farxiga in the Deliver Phase 3 trial were consistent with the well-established safety profile of the medicine," it added.

https://www.marketscreener.com/quote/stock/ASTRAZENECA-PLC-4000930/news/AstraZeneca-Says-Farxiga-Heart-Treatment-Phase-3-Trial-Met-Primary-Endpoint-40276723/