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Thursday, October 6, 2022

Can't wait: White House warns of student loan scams before debt relief opening

 The White House and Department of Education are warning student loan borrowers not to fall for scams related to debt relief before the Biden administration enacts student loan forgiveness. 

Applications for the student debt relief program President Biden announced over the summer are set to open up in October, with scammers likely to try to take advantage of any confusion that could surround the initiative, the White House said on Wednesday. 

“Learn more about the steps you should take ahead of time, and how to avoid student debt relief scams,” the White House tweeted, along with a graphic with tips for avoiding such scams. 

The White House says borrowers should sign up for notifications for when the student loan debt forgiveness applications will be out, create a Federal Student Aid (FSA) ID, ensure loan providers have their current information and report scams to the Federal Trade Commission. 

The Education Department also released a list with more tips to avoid scams.

The administration said student borrowers should not pay anyone money for debt relief, adding that the forgiveness application will be “free and easy to use.” Individuals should also not give away their FSA ID information, as the Education Department or a loan service provider would never ask for the information. 

Officials also warn not to give anyone personal or financial information and know the risks of refinancing your student loans. The Education Department says federal student loans refinanced into private loans will no longer be eligible for debt relief. 

The White House and Education Department have still not released the exact date when forgiveness applications will open, saying it should happen sometime this month. 

Borrowers will hear directly from the Education Department when the applications open and whether or not they need to fill out an application 

The department said it will already have enough information about some borrowers’ income that the person will not need to apply for the relief and it will automatically be applied to their account.

The government is offering up to $10,000 of relief to student loan borrowers making less than $125,000 a year and up to $20,000 to those who received Pell Grants.

https://thehill.com/homenews/administration/3676094-white-house-warns-of-student-loan-scams-before-debt-relief-opening/

AN2 Update on Epetraborole Ex-U.S. Development Plan in Treatment-Refractory MAC Lung Disease

 

  • Epetraborole Data from Recently Completed Phase 1 Study in Japanese Subjects Supports Use of Once Daily, 500 mg Dose in Japanese Patients
  • Treatment-Refractory MAC Lung Disease Clinical Development Strategy to Focus Initially on Japan and U.S., Two Countries with Highest Prevalence of MAC Lung Disease
  • Epetraborole Granted Orphan Medicinal Product Designation in NTM Lung Disease in European Union

Mustang Bio Starts Phase 1/2 Trial of CAR T Cell Therapy Lymphoma, Leukemia

  Mustang Bio, Inc. (“Mustang”) (Nasdaq: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors and rare genetic diseases, today announced that the first patient has been treated in its multicenter, open-label, non-randomized Phase 1/2 clinical trial evaluating the safety and efficacy of MB-106, Mustang’s first-in-class CD20-targeted, autologous CAR T cell therapy for the treatment of relapsed or refractory B-cell non-Hodgkin lymphomas (“B-NHL”) and chronic lymphocytic leukemia (“CLL”). The patient did not experience cytokine release syndrome (“CRS”) or immune effector cell-associated neurotoxicity syndrome (“ICANS”). MB-106 is being developed in a collaboration between Mustang and Fred Hutchinson Cancer Center (“Fred Hutch”). The multicenter trial under Mustang’s Investigational New Drug Application (“IND”) builds upon the initial, ongoing Phase 1/2 clinical trial taking place at Fred Hutch in a single-center study under Fred Hutch’s IND.

Manuel Litchman, M.D., President and Chief Executive Officer of Mustang said, “The first clinical trial under Mustang’s IND is an important milestone in the ongoing development and evaluation of MB-106. Data presented at several prestigious medical meetings earlier this year from the initial, ongoing Phase 1/2 clinical trial at Fred Hutch show that MB-106 continues to demonstrate high efficacy and a favorable safety profile across patients with a wide range of hematologic malignancies. We look forward to providing updates on our multicenter MB-106 clinical trial as it progresses and anticipate reporting efficacy data in the fourth quarter of this year.”

Interim data from 28 patients treated in the initial, ongoing Phase 1/2 investigator-sponsored clinical trial at Fred Hutch continue to support MB-106 as a viable CAR T cell therapy for B-NHLs and CLL. As of September 9, 2022, the interim data show:

  • An overall response rate of 96% and complete response (“CR”) rate of 75% in a wide range of hematologic malignancies including follicular lymphoma (“FL”), CLL, diffuse large B-cell lymphoma, and Waldenstrom macroglobulinemia
  • Twelve patients have experienced CR for more than 12 months (10 ongoing); four patients with CR for more than two years and the longest patient with CR is at 33 months
  • Six patients with partial response (“PR”) improved to CR and all remain in ongoing CR
  • All three patients previously treated with CD19 CAR T cell therapy have responded to treatment with MB-106
  • A favorable safety profile for MB-106 as an outpatient therapy remains with no CRS or ICANS ≥ Grade 3
  • CAR-T persistence results in deepening responses following initial 28-day assessments

Are Combination Therapies Future of Alzheimer’s Treatment?

 While promising data from Biogen and Eisai’s lecanemab breathed new life into the anti-amyloid approach last week, Alzheimer’s disease is complex enough that combination therapies will likely play a significant role in future symptomatic treatments.

A combination of medications has proven effective in treating multiple diseases, such as cancer and diabetes. Could the same be true for AD?

Sharon Rogers, Ph.D., chief executive officer of AmyriAD Therapeutics, believes treatments targeting the multiple symptoms of the disease will provide a benefit for patients receiving the standard-of-care treatment Aricept (donepezil).

Last week, AmyriAD hosted a virtual conference highlighting the need for combination therapies.

Rogers explained that for the past 15 years, the primary focus in AD has been on disease modification strategies. While this has expanded the understanding of the disease, Rogers said addressing the core symptoms of AD, such as cognition and core function, is a critical unmet need.

“We’re at the point now that we’re going to look at this with the complexity it deserves… addressing more than one target via combination therapy may provide more successful symptom management,” Rogers said during the panel. “We must do a better job of addressing symptom management, meaning introducing new treatments to improve patient cognition and function.”

Noted AD researcher Serge Gauthier, former director of the Alzheimer’s Disease and Related Disorders Research Unit of the McGill Center for Studies in Aging and Douglas Research Centre in Montreal, argued for this kind of approach.

“We should combine symptomatic drugs if there is a rationale and it’s safe… I will argue that combination therapy for symptom control is the way to go,” Gauthier said during the conference.

Noting the effectiveness in the aforementioned therapeutic areas, Gauthier said he believes a combination approach is also a potentially useful strategy in treating AD. Drugs such as donepezil can be paired with 5-HT receptor antagonists or MAO-B inhibitors and anticonvulsants to treat symptoms of the disease, he noted. 

Beyond Anti-Amyloid

Gauthier pointed to the current emphasis on amyloid reduction using individual drugs such as monoclonal antibodies. He said that approach is showing little benefit. There was some hope sparked by Biogen’s Aduhelm, approved last year based on data that was considered controversial. The approval marked the first for AD in nearly two decades.

Despite the approval, Aduhelm ran into multiple issues, including safety concerns following reported deaths of some patients who were taking the medication. During clinical studies, Aduhelm was linked to cases of amyloid-related imaging abnormalities (ARIA-E), also known as cerebral edema. This was included on the drug’s warning label.

Those concerns though were enough for the Centers for Medicare and Medicaid Services to limit coverage of Aduhelm to patients who are participating in clinical trials. Earlier this year, the CMS extended that limitation to all monoclonal antibodies used to treat AD.

Lecanemab, a monoclonal antibody, showed the slowing of disease progression, including a slowing of loss of memory and thinking skills, Gauthier noted.

The companies called the data “highly statistically significant” and it could bolster potential approval. In July, the FDA accepted the Biologics License Application for lecanemab under the accelerated approval pathway and granted Priority Review.

Following the Sept. 28 announcement, Howard Fillit, M.D., co-founder and chief science officer at the Alzheimer’s Drug Discovery Foundation, expressed excitement about the data but added there is still a need for next-generation approaches focused on other, non-amyloid Alzheimer’s targets.

At the AmyriAD conference, Fillit reiterated that statement.

“We’re seeing a little bit of success in the anti-amyloid group but we have to go beyond that,” Fillit said. He added that the successes seen with lecanemab seem incremental and modest when it comes to slowing the delay of disease-related decline.

“Lecanemab is showing hints of efficacy in the amyloid approach but we still need to treat the symptoms,” he said.

Fillit noted that aging is the leading risk factor for AD. With aging comes numerous risk factors that increase the risk of disease, including heart disease, diabetes, stroke, high blood pressure and high cholesterol, he said. 

“To effectively conquer Alzheimer’s, we need to develop a unifying approach that targets a multifactorial disease,” Fillit said. “We need drugs that have multiple mechanisms of action and multiple combination therapy approaches. Inflammation has become a leading therapeutic strategy. We need to figure out how to slow down neuro-inflammation.”

For the first time, nearly three-quarters of the experimental treatments for AD are not targeting amyloid plaque nor tau tangles, Fillit noted. With lessons learned from the amyloid-targeted failures, he said researchers are shifting their targets toward these other related areas.

Repurposing Drugs

One way to speed up development of potential treatments is by repurposing older medications. If drugs share a pathway with approaches to the symptoms, repurposing a drug can be worthwhile, Fillit said. Because these older drugs are well-known, it could speed the clinical process and potentially bring a treatment to patients more quickly.

Fillit pointed to promising effects on cognitive decline and other disease hallmarks following treatment with glucagon-like peptide-1 (GLP-1) receptor agonists. GLP-1 agonists are glucose-lowering medications typically used to treat type 2 diabetes, obesity and for cardiovascular risk reduction. There is speculation that AD is related to blood glucose levels.

Novo Nordisk initiated a Phase III trial in 2020 assessing its GLP-1 agonist Victoza (semaglutide) in AD. Data has shown the drug’s ability to lower neuroinflammation, which impacts cognition and memory function. The study is expected to be completed in 2024, according to Clinicaltrials.gov. Fillit said researchers will “learn a lot from this strategy.”

Combining with a Tried and True Approach

Donepezil, a cholinesterase inhibitor that has been a standard-of-care treatment for mild- to moderate AD patients for a quarter century, has the best evidence of providing a symptomatic benefit for Alzheimer’s patients – for a while, at least, Gauthier said. It is the type of drug that can benefit from add-on medications, he noted. 

Rogers pointed to her company’s lead candidate AD101, an investigational, Phase III-ready therapeutic that demonstrated increased release of the neurotransmitter acetylcholine. The late-stage trial will investigate the potential of AD101 to demonstrate an improvement in cognition and global function through neuroselective T-type calcium channels.

While AD101 increases acetylcholine release, donepezil preserves acetylcholine from breaking down, Rogers said. If you can increase acetylcholine, there should be significant benefits, such as improved cognition.

For Fillit, it is an exciting time in Alzheimer’s research.

“We’re moving to a world of precision medicine like we have in cancer and other chronic diseases of aging,” he said. “I think our aging biology strategy will lead to a lot of benefit and I expect we’re going to have a whole host of drugs in combination therapy. We’re going to have to figure out how to do combination trials better because that’s the next frontier of clinical trials.” 

https://www.biospace.com/article/combination-therapies-could-be-future-of-treating-alzheimer-s-disease/

Annovis OKd to Proceed with Phase 2/3 Trial for Buntanetap in Alzheimer's Disease

 Annovis Bio, Inc. (NYSE: ANVS) ("Annovis" or the "Company"), a late-stage clinical drug platform company addressing neurodegenerative diseases, announced today that the U.S. Food and Drug Administration (FDA) has authorized the Phase 2/3 clinical study of buntanetap in moderate Alzheimer's Disease (AD).

Following the submission of the Phase 2a clinical safety data and the chronic toxicology data in animals, the Company requested approval to further pursue the development of buntanetap in AD. The FDA approved the Company's development plan, study protocol and authorized the initiation of the Phase 2/3 clinical study of buntanetap in AD.

https://finance.yahoo.com/news/annovis-bio-announces-fda-authorization-113000075.html

Kiromic: FDA Feedback in Pre-IND Meeting Confirms Development Strategy



Company Reiterates Deltacel is Next Clinical Trial Candidate, with Projected Clinical Trial Launch Expected in Q1 2023

Company is Streamlining Operations to Execute Deltacel-Aligned Development Strategy

Kiromic BioPharma, Inc. (NASDAQ: KRBP) ("Kiromic" or the "Company"), a clinical-stage fully-integrated biotherapeutics company using its proprietary DIAMOND® artificial intelligence and data mining platform to develop cell and gene therapies with a focus on immuno-oncology, announces it received validating written feedback on October 4, 2022 from the FDA pursuant to its Type B Pre-IND meeting request regarding its Deltacel™ development strategy.

The purpose of the Pre-IND meeting request was to seek alignment with and to obtain FDA guidance on Kiromic’s proposed development strategy about the chemistry, manufacturing, and controls (CMC), nonclinical studies, and clinical study plan for Deltacel™/KB-GDT for treating subjects with Non-Small Cell Lung Cancer (NSCLC). Kiromic will leverage this FDA Pre-IND written confirmatory feedback and recommendations into a robust IND submission package for a projected clinical trial launch in Q1 2023.

https://finance.yahoo.com/news/kiromic-biopharma-announces-fda-feedback-120800678.html

Alimera: ILUVIEN® Reduced Need for Diabetic Macular Edema Multiple Treatments

 Data from the Phase 4 observational real-world safety study of the intravitreal implant were presented at the annual American Academy of Ophthalmology (AAO) conference.

Alimera Sciences, Inc. (Nasdaq: ALIM) (“Alimera”), a global pharmaceutical company whose mission is to be invaluable to patients, physicians, and partners concerned with retinal health and maintaining better vision longer, announced today that post-hoc analyses from the PALADIN Phase 4 Safety Study demonstrate that median treatment frequency in diabetic macular edema (DME) patients treated with the ILUVIEN® (fluocinolone acetonide intravitreal implant) 0.19 mg was lower than from patients on other regimens. ILUVIEN provides DME patients with continuous therapy for up to 36 months. As part of the PALADIN phase 4 study, investigators sought to quantify the treatments required by eyes prior to ILUVIEN and after injection of ILUVIEN.

https://finance.yahoo.com/news/paladin-phase-4-study-confirms-120000648.html