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Friday, July 1, 2022

U.S. abortion ruling ignites retail interest in women contraceptive makers

 

Retail investors have flocked to small biotech firms that make women contraceptives after the U.S. Supreme Court last week overturned the Roe v. Wade ruling that recognized the constitutional right to abortion, Vanda Research said on Friday.

The landmark decision has turned the spotlight on contraception access and led to a temporary spike in demand for over-the-counter emergency contraceptive pills.

Evofem Biosciences and Agile Therapeutics Inc have been biggest beneficiaries, Vanda Research data shows, drawing on average $775,000 and $660,400 in retail inflows in the days following the ruling. That compares with a daily average of $15,540 and $10,320 for the stocks from their IPOs before the ruling on June 24.

"We have seen a surge in retail investor buying in these names on the back of the U.S. abortion ruling, with Agile and Evofem increasing most significantly relative to historical averages," said Lucas Mantle, analyst at Vanda Research.

(Graphic: Retail investor interest in women contraceptive makers, https://fingfx.thomsonreuters.com/gfx/mkt/gkplgeeywvb/U39VQ-retail-investor-interest-in-women-contraceptive-makers%20(1).png)

Since the ruling, Evofem shares have more than doubled in value, while Agile gained as much as 34% to Wednesday's close. Agile's shares have since tumbled more than 40% after the company announced a public offering.

Evofem sells a non-hormonal contraception gel called Phexxi and Agile offers a weekly birth control transdermal patch, sold under the brand name Twirla in the United States.

Phexxi, which was approved in 2020, brought in sales of $4.3 million for Evofem in the latest reported quarter and the company expects revenue of $30 million to $35 million for the year.

Femasys and Dare Bioscience have also captured investors' attention, data from Vanda, an analytics firm that tracks retail flows, show.

Dare Bioscience is developing a non-hormonal contraceptive, while Femasys is developing Femabloc, a permanent birth control product. Both are currently in clinical trials.

https://www.marketscreener.com/quote/stock/AGILE-THERAPEUTICS-INC-16529373/news/U-S-abortion-ruling-ignites-retail-interest-in-women-contraceptive-makers-Vanda-40879191/

Google to delete location history of visits to abortion clinics

 Alphabet Inc's Google will delete location data showing when users visit an abortion clinic, the online search giant said on Friday, following concern that a digital trail could inform law enforcement if an individual terminates a pregnancy illegally.

As state laws limiting abortions set in after the U.S. Supreme Court decided last month that they are no longer guaranteed by the constitution, the technology industry has fretted police could obtain warrants for customers’ search history, geolocation and other information revealing pregnancy plans.

Google on Friday said it will continue to push back against improper or overly broad demands for data by the government, without reference to abortion.

The company said the location history of a Google account is off by default.

Effective in the coming weeks, for those who do use location history, entries showing sensitive places including fertility centers, abortion clinics and addiction treatment facilities will be deleted soon after a visit.

A Google spokesperson did not immediately answer how the company would identify such visits or whether all related data would be wiped from its servers.

Separately, the company on Friday updated its policy to designate U.S. advertisers as providing abortions even if they dispense pills by mail after a virtual consultation, but lack their own facilities. 

https://www.marketscreener.com/quote/stock/ALPHABET-INC-24203373/news/Google-to-delete-location-history-of-visits-to-abortion-clinics-40880995/

Cut Health Insurance for Risky Activities? MD/JD Weighs In

 Welcome to Ethics Consult -- an opportunity to discuss, debate (respectfully), and learn together. We select an ethical dilemma from a true, but anonymized, patient care case, and then we provide an expert's commentary.

Last week, you voted on whether it's ethical for the government to cut health insurance for risky activities.

Cut health insurance for risky activities?

Yes: 63%

No: 37%

And now, bioethicist Jacob M. Appel, MD, JD, weighs in.

Life insurers generally charge a premium for high-risk behaviors. According to a 2013 article in U.S. News & World Report, hunters pay an additional $500 annual premium, and rock climbers pay $1,500 extra; scuba diving and skydiving can add $2,500 to one's rates. Health insurers do not always dig as deeply into the personal behavior of policyholders, but some refuse to cover individuals engaged in dangerous activities. In 2006, one major Illinois corporation reportedly sent letters to its employees informing them that any motorcycle-related injuries would result in immediate termination of their health insurance. In contrast, Medicare and Medicaid usually cover all injuries of their clients, regardless of the origins of those injuries.

The primary reason that public health-insurance entities do not exclude these risk-takers is that health insurance no longer functions as insurance -- at least, not in the traditional sense. As political historian Edward N. Beiser observed in the article "The Emperor's New Scrubs" (1994), "health insurance" is a misnomer. The underlying principle behind traditional insurance is the distribution or "pooling" of risk. Although the odds of my house burning down are quite low, the odds of somebody's home catching fire are reasonably high, and fire insurance evenly distributes the cost of this burden. Everyone pays in; a few unlucky victims receive compensation. In contrast, the vast majority of Americans will eventually experience injuries or illnesses beyond the age of 65, so nearly all of us will withdraw resources from Medicare. Rather than an insurance program, Medicare is a resource management program, through which, in theory, workers fork over their money to the government, which stores it for them and returns it later to pay for their medical expenses (although the reality is that current payroll taxes pay for today's elderly, while future workers will supposedly pay for today's workers to receive coverage).

Since Medicare and Medicaid are default systems for healthcare coverage -- filling in for the poor and elderly where private insurance historically did not pay -- refusing insurance for high-risk behaviors will leave a pool of injured patients without any way to pay for emergency treatment. As a result of a federal statute, the Emergency Medical Treatment and Labor Act of 1986 (EMTALA), hospitals cannot legally turn such patients away. Moreover, even if hospitals could legally opt out of this care, refusing services in an urgent setting is morally indefensible. So rather than deterring conduct or conserving resources, Senator Cheapside's approach would likely just shift the price tag for such care to hospitals, which would then pass this cost along to consumers through higher medical bills.

Another possible problem with Senator Cheapside's proposal is that it may save Medicare and Medicaid less money than he anticipates. Few people who have incomes low enough to qualify to receive Medicaid are likely engaged in beekeeping, bungee jumping, or many of the other expensive activities that concern him. Nor are many elderly Americans, who benefit from Medicare, hang gliding for sport. By far the greatest preventable expenditures for the healthcare system are those related to more mundane risks -- namely obesity and cigarette smoking. Arguably, one might deter smoking and excessive eating by refusing to pay for medical conditions resulting from this conduct. Yet that approach would punish overeaters and addicts for health woes that may prove beyond their control and might even sentence them to worsening illness or death.

Jacob M. Appel, MD, JD, is director of ethics education in psychiatry and a member of the institutional review board at the Icahn School of Medicine at Mount Sinai in New York City. He holds an MD from Columbia University, a JD from Harvard Law School, and a bioethics MA from Albany Medical College.

https://www.medpagetoday.com/opinion/ethics-consult/99546

Are Omicron-Targeted Boosters Worth It?

 The FDA, following the advice of its advisory committee, is advising COVID-19 vaccine manufacturers to reformulate future booster shots to include protection against the BA.4 and BA.5 Omicron variants of SARS-CoV-2. While this decision was not surprising and may have seemed perfunctory to many people, it is worth thinking about the wider context that undergirds this decision.

The primary driver of this recommendation is the fact that the spike protein of SARS-CoV-2 has significantly mutated away from its ancestral form, eroding the protection the vaccine affords against infection. This phenomenon became overwhelmingly obvious when the immune-evasive Omicron variants emerged, causing countless infections, including many in those who were vaccinated or had immunity from prior infection. However, though vaccine protection against infection was compromised by Omicron, the ability of the ancestral strain-directed vaccine to stave off what really matters -- severe disease, hospitalization, and death -- was durable in all except the high-risk.

This divergence between protection against severe disease and protection against infection has led to a question of what the ultimate policy should be with booster vaccination. Targeted boosting to high-risk individuals -- for whom protection against severe disease needs to be strengthened -- always made sense and was well-supported by the evidence. However, boosting healthy low-risk individuals with an ancestral strain vaccine to transiently prevent mild illness was, in my opinionnever an optimal policy. Booster uptake amongst the high-risk is suboptimal, and I wonder if the universal boosting message caused the message to the high-risk to be diluted.

But might an updated vaccine, targeted at the latest Omicron strains, be valuable as a booster in higher and lower risk groups? Many questions remain unanswered.

Boosting high-risk people with the original vaccine protects against severe disease, raising the question of what added benefit an updated vaccine provides. For low-risk people, who are unlikely to experience severe disease, is an updated vaccine something that will provide enough protection against infection to be considered worthwhile? Is there any further reduction of long-COVID risk above what is already conferred by vaccination and boosting with the original vaccines?

An important factor to consider is the fluidity of the variant march of SARS-CoV-2. Will BA.4 and BA.5 still be relevant in the fall when updated boosters are available or will they go the way of BA.1 and BA.2? Will whatever variants are prevalent in the fall be Omicron descendants? Will future variants be such that protection directed against BA.4 or BA.5 is cross-protective against them?

In the data presented to the FDA advisory committee, evidence showed that the Omicron-based booster vaccine directed against BA.1 led to about a twofold increase in neutralizing antibody titers against BA.1 versus standard boosting. As Paul Offit, MD, and John Moore, PhD, recently wrote, "What do an approximately twofold higher level of neutralizing antibodies mean in practice? Is an Omicron-based booster sufficiently superior to the standard one to justify a switch?"

There is no human clinical data on boosters directed against BA.4 or BA.5 at this time.

An additional question to consider: What benefit does keeping the original version of the virus in boosters provide? Should boosters be bivalent or monovalent? As Offit and Moore also note in their excellent commentary, Pfizer/BioNTech showed improved immunogenicity with a monovalent Omicron-only booster versus a bivalent one that contained the ancestral strain too. There is also some data that using a protein-based vaccine, like the ones developed by Novavax and Sanofi, as a booster after an mRNA primary series vaccination may be more beneficial than mRNA vaccine boosting.

A related matter to consider is what the threshold is to reformulate the whole vaccine primary series versus just reformulating boosters since the ancestral strain is, for all intents and purposes, extinct. It would be more efficient if manufacturers were making just one type of COVID-19 vaccine.

Given that it appears we will be in a continual arms-race with the virus and its spike protein mutations, the value of developing a more broadly protective or universal coronavirus vaccine is clear. Even if the vaccine was unable to target all coronaviruses, or all beta-coronavirus, or all sarbecoviruses but just SARS-CoV-2 and its variants, it would be an improvement over the current situation. Pfizer/BioNTech and the Walter Reed Army Institute for Research (WRAIR) (among others) have made considerable progress on this front. Additionally, nasally-administered vaccines that mimic natural infection, create more immunity in nasal passageways, and potentially block infection more effectively could also become important tools.

In the end, if frequent boosting of the whole population -- not just the high-risk -- is the policy, updated vaccines may prove marginally more attractive. However, it is unclear to me what level of clinical benefit against infection to expect when compared to ordinary boosters. As Offit and Moore identify, a costly and consequential decision like this should be informed by as much clinical data as possible. But, unfortunately, there is none in humans for BA.4/BA.5 directed boosters.

As has been the case since the advent of COVID boosters, the discussions have been completely unmoored from a discussion of the larger goals with SARS-CoV-2, a virus that will continue to evolve new variants and will likely never be eradicated. Discouragingly, obtaining answers to some of the key questions that I and others have identified is unlikely to be prioritized or integrated into vaccine policy in the near term.

Amesh Adalja, MD, is a senior scholar at the Johns Hopkins Center for Health Security, and a practicing infectious disease, critical care, and emergency physician in Pittsburgh.

Disclosures

Adalja has received honoraria from Sanofi for participating on a COVID-related education steering board.


https://www.medpagetoday.com/opinion/second-opinions/99557

Monkeypox Outbreak's Less Than Typical Symptoms

 Considering monkeypox in the differential diagnosis is important for early detection and curbing transmission, according to researchers of an observational analysis from England.

Among 54 men who have sex with men (MSM) who were diagnosed with monkeypox, all presented with skin lesions, 94% of which were anogenital, while 67% reported fatigue or lethargy and 57% reported fever, noted Nicolò Girometti, MD, of the Chelsea and Westminster Hospital NHS Foundation Trust in London, and colleagues.

Due to the fact that one in four men had a concurrent sexually transmitted infection (STI) combined with the high observed rate of anogential lesions, it is likely monkeypox was transmitted during instances of "close skin-to-skin or mucosal contact, during sexual activity," they wrote in Lancet Infectious Diseases.

Of note, 10 of the 54 men showed no prodromal symptoms. Five patients required hospital admission, mainly due to pain or localized bacterial cellulitis necessitating antibiotic intervention or analgesia, and were later discharged.

"Given the suggested route of infection via contact during sexual activity and the number of clinical findings differing from previous descriptions, we suggest that case definitions currently detailing symptoms such as acute illness with fever should be reviewed to best adapt to the current findings, as at least one in six of this cohort would have not met the current 'probable case' definition," said Girometti in a press release.

The researchers also noted that it is important to consider these data cautiously to protect both patients and public health perceptions.

"Although all cases reported in this study were in MSM, it is essential to balance targeted health promotion to groups that are disproportionately affected by the current outbreak with the avoidance of intensive media coverage generating stigmatization, and to remain alert to the possibility of spread to other groups," they wrote.

Sexual health clinics and services are encouraged to be aware of monkeypox symptoms that might be seen in their practices.

"It is possible that at various stages of the infection, monkeypox may mimic common STIs, such as herpes and syphilis, in its presentation. It's important that sexual health clinicians and patients are aware of the symptoms of monkeypox, as misdiagnosis of the infection may prevent the opportunity for appropriate intervention and prevention of onward transmission," said co-author Ruth Byrne, MBBS, also of the Chelsea & Westminster Hospital NHS Foundation Trust, in a press release. "Additional resources are urgently required to support services in managing this condition."

For this analysis, Girometti and team included 54 MSM who had sought treatment at one of four London sexual health clinics from May 14 to May 25. Median age was 41, 70% were white, and 24% were living with HIV.

In addition to the majority reporting anogential lesions, 7% reported oropharyngeal lesions, and 89% reported lesions on more than one site. Lesions present in more than three sites, some outside the anogenital area, were found in 54% of the men with HIV.

Six men were noted to have clinical presentation that was "compatible with cellulitis." Among the men who underwent sexual health screenings, 25% tested positive for chlamydia or gonorrhea, and one patient tested positive for herpes simplex.

While some of the men had traveled to various countries throughout Europe, only two had knowledge of coming in contact with an individual who was infected with monkeypox.

"Further studies are needed to confirm the modality of viral transmission occurring during this outbreak to inform infection control policies, contact tracing, and future options to tackle the spread of monkeypox virus in at-risk groups, with tools such as targeted education, health promotion, preventative or post-exposure vaccination, and antiviral therapy," Girometti and colleagues noted.


Disclosures

Evidence of surface contamination in hospital rooms occupied by patients infected with monkeypox

 



The extent of monkeypox virus environmental contamination of surfaces is unclear. We examined surfaces in rooms occupied by two monkeypox patients on their fourth hospitalisation day. Contamination with up to 105 viral copies/cm2 on inanimate surfaces was estimated by PCR and the virus was successfully isolated from surfaces with more than 106 copies. These data highlight the importance of strict adherence of hospital staff to recommended protective measures. If appropriate, pre-exposure or early post-exposure vaccination should be considered for individuals at risk.

FDA Reportedly OK's Future Trial For Pig-to-Human Organ Transplantation

The U.S. Food and Drug Administration has reportedly given the green light to begin clinical trials of pig heart transplantation in humans. 

Citing an unnamed FDA insider, the Wall Street Journal reports that the regulator is in the process of devising a plan to enable clinical testing on a larger scale. 

In January, Maryland Medical Center doctors successfully transplanted a pig's heart into a critically ill man to extend his life. The patient died two months after, but the outcome sparked interest in the medical community on the procedure's strong potential for long-term, sustainable success with further study. 

In the paper titled "First pig-to-human heart transplant: what can scientists learn?" published in Nature, scientists for the first time performed xenotransplantation on 57-year-old David Bennett, who had been on cardiac support for two months prior to the surgery. 

Bennett was not eligible for a mechanical heart pump because he had been experiencing an irregular heartbeat. He was also not eligible for a human transplant due to his history of non-compliance with doctors' orders. The FDA allowed xenotransplantation via a "compassionate use" authorization.

The University of Maryland School of Medicine (UMSOM) scientists then used a heart from a genetically modified pig that biotech company Revivicor created. To make the pig heart ready for the procedure, the company removed three pig genes that might trigger attacks from the human immune system. They also added six human genes that may help the body be more receptive to the organ. 

Bennett survived for two months, even managing to spend time with family and watch the Super Bowl, before eventually dying on March 8. 

"We are devastated by the loss of Mr. Bennett. He proved to be a brave and noble patient who fought all the way to the end," Bartley P. Griffith, MD, who surgically transplanted the pig heart into the patient at UMMC, said

"As with any first-in-the-world transplant surgery, this one led to valuable insights that will hopefully inform transplant surgeons to improve outcomes and potentially provide lifesaving benefits to future patients," Griffith added.  

As of this writing, the FDA has yet to issue a statement about its future plans for pig-to-human heart experimental transplants. It also remains unknown when the regulator intends to begin planning, as proposals from researchers would be assessed on a case-to-case basis. If it does happen, the trial could be a revolutionary step toward addressing the massive global lack of human donor organs. It also offers hope to patients who may not be qualified for human organ transplantation. 

https://www.biospace.com/article/fda-ok-s-trial-for-pig-to-human-heart-transplantation-report