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Tuesday, September 13, 2022

Syros Gets Orphan Drug Designation for SY-5609 for Pancreatic Cancer

 Syros Pharmaceuticals, Inc. (NASDAQ:SYRS), a leader in the development of medicines that control the expression of genes, today announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation (ODD) to SY-5609 for the treatment of pancreatic cancer. SY-5609, a highly selective and potent oral cyclin-dependent kinase 7 (CDK7) inhibitor, is currently being evaluated in combination with chemotherapy for the treatment of patients with relapsed metastatic pancreatic cancer.

https://finance.yahoo.com/news/syros-receives-fda-orphan-drug-200100456.html

Esmo 2022 – double trouble for Lumakras

 Anyone thinking that concerns over Amgen’s Lumakras, raised when the drug’s late-breaking abstract went live last night, were over was in for a second surprise today. The presentation just given at Esmo heaps more worries on the Kras inhibitor, approved for lung cancer on an accelerated basis.

The biggest concerns from the potentially confirmatory Codebreak-200 trial are a disappointing median progression-free survival benefit, overall survival favouring docetaxel, and two cases of drug-induced liver injury on top of the liver enzyme elevations already disclosed. Individually each might be allayed, but taken together they boost Mirati, whose investors will see fresh doubts about Lumakras’s full approvability.

Full lung cancer approval will be down to the FDA, which will now scrutinise Codebreak-200. Mirati’s rival Kras inhibitor adagrasib faces a December 14 Pdufa date, and depending on timelines full Lumakras approval risks jeopardising Mirati’s chances of obtaining an accelerated green light for adagrasib.

For Codebreak-200’s lead investigator, Dr Melisa Johnson from the Sarah Cannon Research Institute at Tennessee Oncology, this was a highly positive study. “It supports [Lumakras] as a new second-line standard for patients with Kras G12C NSCLC,” she told an Esmo press conference this morning.

Others were not so sure. Another lung cancer doctor, City of Hope’s Dr Jack West, tweeted in light of the abstract that hepatotoxicity concerns and lack of an OS benefit were disappointing given the cost difference between Lumakras and docetaxel, $18,000 versus about $2,000 a month respectively. He also questioned whether docetaxel represented a real comparator, and said few doctors gave this chemotherapy with enthusiasm.

Missing

It is noteworthy that Esmo, having first gone out of its way to let Amgen to present Codebreak-200 as a late-breaker, then allowed an abstract to be published that omitted vital aspects of the data and painted the result in a better light than became evident at today’s full presentation.

Perhaps the biggest red flag is liver toxicity. The abstract had revealed a slightly higher rate of grade 3 or higher ALT elevation versus the earlier Codebreak-100 trial, but today it was disclosed that six patients quit treatment because of this, and another two discontinued owing to drug-induced liver injury.

How close is Hy’s law, the rule suggesting that patients are at high risk of fatal drug-induced liver injury, to being triggered, Evaluate Vantage asked during the press conference? “Not close,” Dr Johnson replied. “The safety signal was pretty similar between [Codebreak-200 and Codebreak-100]. It was amenable to dose reduction.”

It also cannot be denied that docetaxel is fairly toxic, explaining doctors’ reluctance to use it and desire to find something better. The rates of all severe and serious toxicities in Codebreak-200 were higher for the chemo than for Lumakras, though liver enzyme elevation is not an issue for docetaxel.

Source: Dr Melissa Johnson & Esmo.

A second key aspect of the Codebreak-200 data that had been left out of the abstract was the median PFS benefit, the trial’s primary endpoint. Instead the abstract touted a 12-month landmark analysis – in hindsight the most flattering part of the survival curves – an unusual move given that the survival analysis was mature.

Today it was revealed that Lumakras extended median PFS by just over a month. Hopes were that the Amgen drug would give mPFS of at least six months, yielding a delta of two months or more, considering a benefit of 6.3 months seen in Codebreak-100. This decline in the data is typical of  the move from a single-arm to a randomised phase 3 study.

On a webinar previewing Codebreak-200 yesterday Evercore ISI analysts had opined that a one-month delta, with docetaxel around 4.5 months, would “start to look like a disappointing result”. In a press release issued last night Amgen spoke about “the totality of evidence” supporting Lumakras as a treatment option.

Dr Johnson argued that PFS was a meaningful primary endpoint, and insisted that the curves were robust, separating early and remaining separated.

Overall survival detriment

No such luck for the gold standard of OS, however, which in the Codebreak-200 abstract was said to be not statistically different between Lumakras and docetaxel.

Today the failure to hit this key secondary endpoint was quantified: not only was there no numerical benefit for Lumakras, but at median the survival analysis favoured docetaxel by nearly a month. Across the whole study the hazard ratio was above 1.0, meaning that patients on Lumakras were at numerically greater risk of death than those taking docetaxel.

Of course there are caveats here, the biggest of which is patient crossover: Dr Johnson said 34% of control cohort patients switched to a Kras G12C inhibitor after progressing on docetaxel. This will clearly have confounded the OS analysis, though some might say that it just undermines the case for Lumakras to be given before docetaxel.

It must also be stressed that Codebreak-200 suffered from underpowering; it had originally been envisaged as a 650-patient trial, but an FDA-requested February 2021 protocol amendment implemented in the wake of Amgen’s Codebreak-100 data halved the targeted recruitment and allowed crossover.

Whether Lumakras consolidates its status as a second-line treatment for Kras-mutated NSCLC now depends on the FDA upholding the accelerated approval and formalising it, and on a real-world balance of other factors including toxicity profiles and cost.

This is an updated version of a story published earlier.

Conformis Actera™ Hip System Receives 510(k) Clearance

 New design adds increasingly more common tri-taper femoral stem design and direct anterior approaches to the expanding Conformis family of Personalized Total Hip Arthroplasty implants

 Conformis, Inc. (NASDAQ:CFMS), a leading medical technology company featuring personalized knee and hip replacement products, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for the Company’s Actera™ Hip System.

Actera adds a tri-taper femoral stem design to the expanding Conformis hip portfolio. This advanced tri-taper design is becoming more common among orthopedic surgeons, as its design objective is to facilitate a minimally invasive approach similar to direct anterior, with easier access to the femur and consequently less injury to muscles and fewer potential interactions with nerves.

https://finance.yahoo.com/news/conformis-actera-hip-system-receives-203000238.html

Cardiff Oncology Shares Slump on Plan to Drop Prostate Cancer Funding

 

  • Following a strategic reviewCardiff Oncology Inc  has decided it will not independently fund any future clinical activities in metastatic castrate-resistant prostate cancer (mCRPC), citing clinical data and therapeutic landscape.
  • The company's current cash resources are sufficient to fund its operations into 2025. It ended Q2 with a cash balance of $122 million.
  • The company also announced its plans to conduct a Phase 2 trial of onvansertib in combination with standard-of-care (SoC) FOLFIRI/bevacizumab in second-line RAS-mutated Metastatic Colorectal Cancer (mCRC).
  • The trial is expected to start in Q4 2022, with topline data expected in 2H 2024. If optimistic, Cardiff Oncology believes the trial results may position onvansertib for a possible accelerated approval opportunity in second-line KRAS/NRAS-mutated mCRC.
  • Data from the ongoing Phase 1b/2 trial in KRAS-mutated mCRC show durable responses to treatment, with a median duration of response of 11.7 months for all doses and 12.5 months for the recommended phase 2 dose.
  • Initial data in the Phase 2 trial in second-line pancreatic ductal adenocarcinoma show one partial response, three stable disease achieved in 5 evaluable patients treated with onvansertib plus SoC.

Oramed Oral Insulin Shows Evidence For NASH Treatment

 Oramed Pharmaceuticals Inc (NASDAQ: ORMP) announced Phase 2 results from its trial of its oral insulin candidate (ORMD-0801) to reduce liver fat content in Type 2 Diabetes (T2D) patients with non-alcoholic steatohepatitis (NASH).

The 12-week trial enrolled 32 patients (with 30 patients completed). It demonstrated that ORMD-0801 was safe and well tolerated at 8 mg twice daily dosing, meeting the primary endpoint of no difference in adverse events for ORMD-0801 compared to placebo.

The trial also evaluated the effectiveness of ORMD-0801 in reducing liver fat content over the 12-week treatment period by observing several independent measures.

All the measurements showed a consistent clinically meaningful trend in favor of ORMD-0801.

The company awaits the top-line data from the Phase 3 trial of oral insulin for T2D, expected in January 2023.

https://finance.yahoo.com/news/oramed-oral-insulin-shows-evidence-155934721.html

ANaptysBio cut to Hold from Buy by Truist

 Target to $28 from $50

https://finviz.com/quote.ashx?t=ANAB&ty=c&ta=1&p=d

Cidara starts Phase 2a Human Challenge Flu Trial

 CD388 is a drug-Fc conjugate (DFC) from Cidara’s Cloudbreak® platform designed to help transform the standard of care for seasonal and pandemic influenza prevention

Study is being conducted in collaboration with Janssen

Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing long-acting therapeutics designed to help improve the standard of care for patients facing serious diseases, today announced the initiation of its Phase 2a trial to evaluate the pre-exposure prophylactic activity of CD388 against influenza virus. CD388 is a highly potent, long-acting antiviral designed to deliver universal prevention of seasonal and pandemic influenza. The study is being conducted under an exclusive worldwide license and collaboration agreement with Janssen Pharmaceuticals, Inc. (Janssen), one of the Janssen Pharmaceutical Companies of Johnson & Johnson, to develop and commercialize Cidara’s Cloudbreak® drug-Fc conjugates (DFCs) for the prevention of seasonal and pandemic influenza.

The Phase 2a trial (NCT05523089), which dosed its first healthy volunteer on September 10th, is a single-center, randomized, double-blind, placebo-controlled, proof-of-concept study to assess the prophylactic antiviral activity, safety, tolerability and pharmacokinetics of CD388 against influenza via a human viral challenge (influenza) model, and to explore the impact of dose levels on efficacy. Multiple dose levels of CD388 will be evaluated in volunteers who will receive a single administration of CD388 or placebo prior to influenza viral challenge. The trial is expected to enroll up to 168 healthy adults.

https://finance.yahoo.com/news/cidara-therapeutics-announces-initiation-phase-120000106.html