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Thursday, June 16, 2022

Moderna Plans Trial Testing COVID-19 Vaccine in Youngest Babies

 Only a day after the U.S. Food and Drug Administration’s Vaccines and Related Biological Products Advisory Committee voted unanimously to recommend emergency use authorization (EUA) for Moderna’s COVID-19 vaccine for children ages six to 17 and kids six months through five years, the company is planning to test the vaccine in babies three to six months of age. Company stock popped $5.7% to $128.53 at the news.

According to The Wall Street Journal, the study is dubbed BabyCove and is expected to begin recruiting in September and will include up to 700 babies.

Moderna’s vaccine is authorized for adults 18 years and older. Its EUA is likely to be amended to include children six months to 17 years by next week once the FDA decides and passes it on to the Center for Disease Control and Prevention (CDC)’s advisory panel.

During the FDA advisory meeting to discuss the Moderna and Pfizer-BioNTech vaccines for kids, Dr. Jacqueline Miller, M.D., Moderna’s senior vice president and head of infectious disease research, indicated the study will represent the youngest age group yet and would be designed to evaluate an appropriate dose level. A company spokesperson also said it would study the most updated version of the vaccine. It’s unclear if they mean the bivalent vaccine that includes the original Spikevax vaccine and a vaccine targeting Omicron, although it suggests it does.

Late last week, Moderna announced results from its Omicron-containing COVID-19 booster candidate, mRNA-1273.214. Containing Spikevax and an Omicron-targeted vaccine, the Phase II/III trial demonstrated superior antibody response against Omicron. This was in adults and utilized a 50-microgram booster dose. It met all pre-specified endpoints, including superior neutralizing antibody response against Omicron one month after dosing compared to the original Spikevax vaccine. The company expects to submit the data to regulators soon with expectations that it will be authorized and available to the public by late summer.

The adult dosage of the COVID-19 Spikevax vaccine is 100 micrograms per dose. Teens ages 12 to 17 also receive 100 micrograms per dose. For children ages six to 11, it’s half that, 50 micrograms per dose. Although the company hasn’t made an announcement on dosing for BabyCove, the dosage is likely to be even smaller.

During yesterday’s advisory committee hearing, Dr. Paul Offit, M.D., a committee member and pediatrician and infectious disease expert at Children’s Hospital of Philadelphia, said two lower doses weren’t likely to offer protection against mild illness from the Omicron subvariants but would likely protect against severe disease with a third dose.

“I think the benefits clearly outweigh the risks, but I say that with the comfort being provided that there will be a third dose. If that was not true, I wouldn’t feel the same way,” Offit said. “We’re not in the same part of this pandemic anymore. It’s a different time.”

Currently, children ages five and older are eligible for the Pfizer-BioNTech vaccine, although uptake for that age group has been lower than expected. As of early June, approximately 30% of children ages five to 11 and 60% of kids 12 to 17 are fully vaccinated.

Moderna initially requested the FDA authorize its vaccine for kids 12 to 17 in June 2021. But the FDA delayed the decision after international data suggested the Moderna vaccine had a higher risk of myocarditis or heart inflammation than the Pfizer-BioNTech shot. Moderna then requested authorization for kids six to 11 in March of this year. 

U.S. data through May didn’t find a significantly higher risk of myocarditis with Moderna’s shots compared to the Pfizer-BioNTech jabs in men ages 18 to 25. The CDC also found that the risk of myocarditis was higher from COVID-19 infection than from vaccination. Myocarditis is often caused by viral infections.

For example, out of the 54 million Pfizer-BioNTech shots given, there were only 635 cases of myocarditis in kids ages five through 17, with the risk being the highest for boys 12 to 17 after the second dose. The risk for kids five to 11 does not appear to be increased.

Kids are less likely to become infected and have severe diseases from COVID-19 than adults, particularly older adults. However, the Omicron variant and its subvariants increase the risk. There have been 442 deaths in children under the age of five from COVID-19 in the U.S.

https://www.biospace.com/article/moderna-planning-to-test-covid-19-vaccine-in-babies-3-to-6-months-of-age/

Acorda: Esteve Launches INBRIJA® in Germany

Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced that Esteve Pharmaceuticals GmbH has launched INBRIJA® 33 mg (levodopa inhalation powder, hard capsules) in Germany. INBRIJA is indicated in the EU for the intermittent treatment of episodic motor fluctuations (OFF episodes) in adult patients with Parkinson’s disease treated with a levodopa/dopa-decarboxylase inhibitor. (1)

Under the terms of the distribution and supply agreements, Acorda will receive a significant double-digit percent of the selling price of INBRIJA in Germany in exchange for supply of the product, and will receive additional sales-based milestones. Acorda expects to start receiving revenue from the supply of the product during the second quarter of 2022.

https://finance.yahoo.com/news/esteve-launches-inbrija-germany-110100361.html

Akero: Financing Transactions with Pfizer, Hercules Capital Could Provide $125M

 Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage company developing transformational treatments for patients with serious metabolic diseases marked by high unmet medical need, today announced two financing transactions. The first is a $25 million equity investment by Pfizer Inc. (NYSE: PFE) at $9.90 per share. The second is a term loan facility providing Akero with access to up to $100 million from Hercules Capital, Inc. (NYSE: HTGC), of which $10 million will be drawn at transaction close. Together with existing cash, proceeds will support Akero’s continued development of efruxifermin (EFX), a long-acting analog of fibroblast growth factor 21 (FGF21), including two ongoing Phase 2b clinical trials in patients with pre-cirrhotic and cirrhotic nonalcoholic steatohepatitis (NASH); manufacture of a drug product-device combination for use in Phase 3 clinical trials; and starting a Phase 3 clinical trial program. If the term loan is fully drawn, proceeds from these two transactions together with budget optimization efforts are expected to fund Akero’s current operating plan until the third quarter of 2024. This extends Akero’s previously announced cash guidance by a full year (from the third quarter of 2023 to the third quarter of 2024), two years beyond the anticipated readout of the HARMONY study in the third quarter of this year.

https://finance.yahoo.com/news/akero-therapeutics-announces-two-financing-110000036.html

AC Immune med: No slowing or preventing cognitive decline in early-onset Alzheimer’s

 AC Immune SA (NASDAQ: ACIU), a clinical-stage biopharmaceutical company pioneering precision medicine for neurodegenerative diseases, today announced results from the Alzheimer’s Prevention Initiative (API) Autosomal Dominant Alzheimer's Disease (ADAD) Colombia Trial. The study evaluated the potential of crenezumab, an investigational medicine, to slow or prevent Alzheimer’s disease in cognitively unimpaired people who carry a specific genetic mutation which causes early-onset Alzheimer’s disease.

Numerical differences favouring crenezumab over placebo were observed across the co-primary, multiple secondary and exploratory endpoints, though none were statistically significant. The co-primary endpoints assessed the rate of change in cognitive abilities or episodic memory function, measured by the API ADAD composite cognitive total score and the Free and Cued Selective Reminding Test (FCSRT) Cueing Index, respectively. Crenezumab was generally well tolerated during the study and no new safety issues were identified. Further analyses of data are ongoing. Initial data will be presented at the Alzheimer's Association International Conference (AAIC) on August 2, 2022.

https://finance.yahoo.com/news/ac-immune-provides-alzheimer-prevention-050000382.html

Geno and Unilever launch $120m venture to scale alternative to palm oil and fossil fuels

 

  • Using Geno's cutting-edge biotechnology, the venture aims to commercialize and scale plant-based alternatives to feedstocks like palm oil or fossil fuels, to make key ingredients used in everyday cleaning and personal care products.
  • Unilever's investment, which is the first to support the venture, also marks the company's largest collaboration in biotechnology alternatives to palm oil to date.
  • The venture is poised to offer a highly effective and sustainable alternative that can be offered to the combined $625b1 home and personal care markets.

Brooklyn venue cancels sold-out concert featuring attempted Reagan assassin

 A music venue in Brooklyn on Wednesday canceled a sold-out show featuring John Hinckley Jr., who was released from court oversight earlier in the day, more than 40 years after attempting to assassinate former President Ronald Reagan.

“After a lot of serious consideration, we are cancelling the scheduled event at Market Hotel with John Hinckley,” the venue announced in a social media post on Wednesday.

“There was a time when a place could host a thing like this, maybe a little offensive, and the reaction would be ‘it’s just a guy playing a show, who does it hurt — it’s a free country,'” the venue added. “We aren’t living in that kind of free country anymore, for better or for worse.”

It added that Hinckley’s “tour also sends a message that mental health issues and a criminal past can be recovered from and atoned for, after serving one’s debt to society and getting real treatment.”

“Make no mistake: canceling this concert will not deter future assassins and will have no effect on mass shootings, and it certainly won’t reverse the awfulness of what Hinckley did 40 years,” it went on to say. 

It added that the decision came “after being presented with and reflecting on some very real and worsening threats and hate facing our vulnerable communities.” 

The now 67-year-old Hinckley posted on Twitter Wednesday after his release, saying “after 41 years 2 months and 15 days, FREEDOM AT LAST!!!”

Following the assassination attempt, Hinckley had been supervised in a mental health hospital for decades

He was previously acquitted of charges in 1982 by reason of insanity after he shot and injured Reagan outside a Washington hotel. He was 25 and had acute psychosis at the time.

https://thehill.com/blogs/in-the-know/3525633-brooklyn-venue-cancels-sold-out-concert-featuring-attempted-reagan-assassin/

Moderna Shares Jump After WSJ Reports Testing Plans in Babies

 Moderna Inc. shares rose 5.7% to $128.53 in late trading Wednesday after The Wall Street Journal reported that the company is planning to test its Covid-19 vaccine in babies 3 months to 6 months old, the youngest age group studied to date.

The company said it is in the final stages of planning the study, to be called BabyCove and expected to begin enrolling as many as 700 babies in September, the Journal said. BabyCove would be the first study of Moderna's vaccine in infants younger than 6 months, the Journal said.

Separately on Wednesday, health experts advising U.S. health regulators backed giving vaccines from Pfizer Inc. and BioNTech SE and from Moderna to children as young as six months old. This will likely lead to an expansion of the vaccination campaign in the U.S. to the 19.6 million children 6 months to under 5 years of age, one of the last groups waiting for the shots.

The Food and Drug Administration, which doesn't have to follow the panel's recommendations but usually does, is expected to authorize the shots within days.

https://www.marketscreener.com/quote/stock/MODERNA-INC-47437573/news/Moderna-Shares-Jump-5-7-After-WSJ-Reports-Testing-Plans-in-Babies-40734578/