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Thursday, December 1, 2022

Roche shutters most trials of Alzheimer's drug after failed trials

 Swiss drugmaker Roche is closing down most clinical trials of its experimental Alzheimer's drug gantenerumab after it failed to slow advance of the mind-robbing disease in a pair of large, late-stage studies, the company said on Wednesday.

Roche presented full results of twin trials at an Alzheimer's meeting in San Francisco after announcing in November that the drug had failed in the two trials.

Unlike Eisai Co Ltd and Biogen Inc's lecanemab, which appears to be on track for U.S. regulatory approval after presenting successful trial results on Tuesday, Roche's drug did not show a statistically significant benefit in patients with mild cognitive impairment and early Alzheimer's disease.

Both drugs are designed to remove forms of the protein beta amyloid from the brain, sticky plaques believed to play a major role in the disease.

While Eisai's infusion succeeded in slowing the advance of Alzheimer's by 27% after 18 months, Roche's drug reduced decline by just 8% in the Graduate I study and 6% in the Graduate II study compared with a placebo after two years.

A key difference may have been in the drug's ability to clear amyloid from the brain.

In a presentation on Wednesday, researchers said gantenerumab, which is given by injection, only achieved amyloid clearance in 28% of patients in the Graduate I trial and 25% in Graduate II after two years, half of what the company expected to see.

Lecanemab, by contrast, cleared amyloid in 68% of those in the study after 18 months.

Dr. Howard Fillit, chief science officer at the Alzheimer’s Drug Discovery Foundation, said there are a number of reasons why Roche's drug may have failed, including differences in chemistry, dosing and the way it was administered via injection versus infusion.

But the fact that the drug failed to remove amyloid deposits in the brain as expected clearly played a role, he added.

The field of Alzheimer's research is littered with failure and disappointment, including for several drugs in the same class, and previous efforts to prove gantenerumab's worth.

In 2014, the drug failed to show a benefit when given at a lower dose among patients with mild Alzheimer's, and it failed again in 2020 in a Washington University School of Medicine trial of patients with an inherited form of Alzheimer's.

"Obviously, within the class, some drugs are working and some aren't," Fillet said.

A Roche spokesman said in an emailed statement that the company will stop all gantenerumab studies in early Alzheimer's disease, including extension studies of the Graduate trials and the Skyline Phase III study in patients with evidence of amyloid in the brain but no signs of cognitive decline.

"In the Graduate studies, the level of amyloid removal was lower than expected. We expect the same, lower effect in the Skyline population, and consider this insufficient to continue," the spokesman said.

Roche is still testing a different formulation of gantenerumab called trontinemab, designed to ferry the drug across the blood brain barrier - protective blood vessels that prevent chemicals in the bloodstream from entering the brain - in hopes of getting more of the treatment into the brain.

"We remain committed to Alzheimer’s disease and will direct our focus to new and potentially improved approaches for new treatments," Rachelle Doody, Roche's global head of neurodegeneration drug development, said in a statement.

https://uk.news.yahoo.com/roche-shutters-most-trials-alzheimers-001754558.html

SCYNEXIS Announces FDA Approval of Second Indication for BREXAFEMME

 

  • BREXAFEMME, an oral, non-azole medication, is the first and only FDA-approved therapy for both the treatment of vulvovaginal candidiasis (VVC) and the reduction in the incidence of recurrent VVC.

  • Approval is based on pivotal Phase 3 CANDLE data demonstrating statistically significant superiority of ibrexafungerp over placebo for primary and key secondary endpoints.

Quest Streamlines Access to At-Home Lab Services Through Getlabs Collaboration

  Getlabs, the leader in providing nationwide infrastructure for remote health care delivery, and Sonora Quest Laboratories, Arizona's leading diagnostic testing laboratory, today announced that Getlabs' application programming interface (API) will be added to Sonora Quest's website. This integration allows patients to easily select and schedule an at-home sample collection when booking appointments through Sonora Quest's website, increasing the ease of access to vital health testing.

Patients booking labs through the Sonora Quest website can now select "home collection [let Getlabs come to me]" and schedule an appointment for in-home lab draws in Phoenix and Tucson metro areas at a time and location that is most convenient for them. A phlebotomist from Getlabs will arrive at the patient's scheduled time and location to collect a blood sample. Samples collected by Getlabs in Arizona are then sent to Sonora Quest's laboratories for testing, with results reported to the patient's ordering health care provider and in Sonora Quest's patient dashboard: sonoraquest.com/results.

Getlabs' API handles real-time scheduling and is fully HIPAA compliant, with personal information securely encrypted and protected, and only used for scheduling and care coordination. API integration into SonoraQuest.com makes the process seamless, letting patients more easily schedule their mobile appointment, receive appointment notifications and updates, and manage their appointments in their patient dashboard.

https://finance.yahoo.com/news/sonora-quest-streamlines-access-home-145300374.html

GoodRx started at Buy by Citi

 Target $7

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

Oncolytics fast tracked for pancreatic cancer treatment

 FDA Fast Track designation granted after presentation at the SITC 37th Annual Meeting demonstrating 69% objective response rate

Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC) today announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to pelareorep in combination with Roche's anti-PD-L1 checkpoint inhibitor atezolizumab, and the chemotherapeutic agents gemcitabine and nab-paclitaxel, for the treatment of advanced/metastatic pancreatic ductal adenocarcinoma (PDAC). This represents pelareorep's second FDA Fast Track designation.

https://finance.yahoo.com/news/oncolytics-biotech-receives-fda-fast-123200369.html

Reckitt Expects U.S. Infant Formula Shortage Until Spring

 The near year-long infant formula shortage in the United States that prompted the intervention of the White House is likely to "persist" until spring, according to Reckitt Benckiser, the maker of what is now the biggest brand in the market, Enfamil. Panicked parents had earlier this year emptied the baby formula aisles at supermarkets after former top U.S. manufacturer Abbott Laboratories in February recalled dozens of types of its Similac, Alimentum and EleCare formulas.

The products, made at a plant in Michigan, were pulled after complaints of bacterial infections. Supermarkets like Target and Walgreens Boots Alliance were forced to limit its sales, putting pressure on the Biden administration to address the crisis.

The White House in May took steps to address the shortage, invoking the Defense Production Act to help manufacturers obtain the ingredients needed to ramp up supply.

Supplies are yet to return to normal since the peak of the crisis in May and June, despite the U.S. making progress in replenishing stocks, said Robert Cleveland, Reckitt senior vice president, North America and Europe Nutrition.

"I suspect that will persist to some degree until the spring resets," he said. "When we talk about the crisis we talk about the condition of the shelves and how they appear to consumers, and how well that shelf meets their needs."

Rival manufacturer Perrigo Company Plc declined to comment, while Danone, maker of Aptamil, did not immediately respond to a request for comment.

Since the Abbott recall, share of Reckitt in the infant formula market has skyrocketed, making it the No.1 supplier in the United States.

The British company has yet to see its newfound popularity recede as Cleveland said its just over 50% of the market has "remained relatively unchanged" since earlier this year.

Its top position has been further boosted by the United States saying it will temporarily cover the cost of baby formula for low-income families dependent on government discounts in states contracted with the company.

Companies normally bid for state contracts to be the sole provider of baby formula for low-income families under the Women, Infants and Children (WIC) programme. In their bids, they offer a "rebate" in the form of discounts to the states.

The government's intervention, aimed at incentivising firms to boost supplies effectively covers that rebate.

Reckitt has said its formula factories are operating 24/7, and it was feeding more than 40% of all low-income WIC infants.

"Certainly at some point in the future, we expect they (the United States Department of Agriculture) will want to return the programme to normal," Cleveland said.

"What we're telling them is to give us enough notice - to put, essentially, a date on the calendar....don't try to shock the system by making it happen too quickly - give us time to adjust because we'll have to adjust our production, we'll have to adjust our distribution," he said.

https://money.usnews.com/investing/news/articles/2022-12-01/enfamil-maker-reckitt-sees-formula-shortage-continuing-until-spring

Altimmune started at Buy by Goldman

 Target $20

https://finviz.com/quote.ashx?t=ALT&p=d