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Thursday, January 26, 2023

Miss for Aridis as antibody flunks undersized phase 3 pneumonia trial

 Aridis Pharmaceuticals’ monoclonal antibody has flunked a phase 3 clinical trial of patients with bacterial infections. After stopping enrollment early because of COVID-19 and the war in Ukraine, the biotech failed to show AR-301 improves the rate of clinical cure but is nonetheless planning a second phase 3.

The study, AR-301-002, assessed the effect of a single intravenous dose of AR-301 in combination with standard-of-care antibiotics on mechanically ventilated patients who were likely to have pneumonia caused by Staphylococcus aureus. Aridis designed the placebo-controlled study to show if AR-301 increased the clinical cure rate at day 21. It didn’t.

Aridis linked AR-301 plus standard care to a 68.9% clinical cure rate, compared to 57.6% in the control arm. The biotech said many key opinion leaders view a 10% improvement in the cure rate as clinically meaningful. But the numerical improvement over placebo fell short of statistical significance and the study, therefore, missed its primary endpoint.

To explain the failure, Aridis noted that the sample size was “limited.” The biotech planned to enroll 240 patients so the study would “be overpowered versus n=138 patients to achieve superiority in primary endpoint.” However, the trial ultimately enrolled 174 patients, 120 of whom met the criteria for inclusion in the primary efficacy analysis.

Aridis presented subgroup analyses to make the case for AR-301, pointing to the cure rate in adults aged 65 years and older and patients with methicillin-resistant S. aureus as evidence that the drug candidate has a future. 

“This study highlights the efficacy limitations of standard of care antibiotics and therefore the unmet medical needs in high-risk, vulnerable patient populations such as older adults and those infected with antibiotic-resistant MRSA; populations where AR-301 has the potential to fulfill an unmet need,” Hasan Jafri, M.D., Aridis’ chief medical officer, said in a statement.

Aridis plans to discuss the data with regulators before starting a second phase 3 trial. Investors were unconvinced and sent shares in the biotech down around 25% to under $1 in trading before the Nasdaq opened on Thursday. Aridis ended September with $3.1 million, although it subsequently raised money.

https://www.fiercebiotech.com/biotech/miss-aridis-antibody-flunks-undersized-phase-3-pneumonia-trial

FibroGen upped to Outperform from Market Perform by Raymond James

 Target $35

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

Nemaura: 1st Purchase Order from U.S. Health Provider HealthFleet

 Nemaura Medical, Inc. (NASDAQ: NMRD) (“Nemaura” or the “Company”), a medical technology company focused on developing and commercializing non-invasive wearable sensors and supporting personalized lifestyle and weight reduction programs, today announced receipt of an initial purchase order for 5,000 proBEAT subscriptions from HealthFleet Inc. (“HealthFleet”), a leading telehealth provider focusing on care, coaching, and health recommendations. The purchase order consists of 75,000 proBEAT glucose sensors over an initial five month period and is valued at $500,000 in revenue. HealthFleet has an option to increase volumes based on customer response.

HealthFleet’s RestoreHealth program is a corporate, comprehensive, end-to-end wellness solution offered to subscriber employees. The program delivers high engagement – which is deemed critical to demonstrable and sustained health outcomes -- through unique and extensive coaching, rich and targeted content and curriculum, and detailed reporting across multiple chronic conditions. HealthFleet has a ready-made market through direct access to a customer base of several million employees, consumers, and patients through its existing client network and plans to rapidly expand this further. HealthFleet’s customers include a number of Fortune 500 companies, insurers, and provider groups.

https://finance.yahoo.com/news/nemaura-medical-receives-first-purchase-130000174.html

Bristol: Phase 1./2 Leukemia Trial Hits Primary Endpoint

Bristol Myers Squibb (NYSE: BMY) today announced topline results from TRANSCEND CLL 004, a Phase 1/2, open-label, single-arm, multicenter study evaluating Breyanzi (lisocabtagene maraleucel) in adults with relapsed or refractory (R/R) chronic lymphocytic leukemia (CLL) or small lymphocytic lymphoma (SLL). Results from TRANSCEND CLL 004 showed the study met the primary endpoint of complete response rate compared to historical control in the prespecified subset of patients with R/R CLL that was refractory to a BTK inhibitor and pretreated with a BCL-2 inhibitor. No new safety signals were reported for Breyanzi in this study.

https://finance.yahoo.com/news/bristol-myers-squibb-announces-transcend-115900140.html

AC Immune Alzheimer's Vaccine Shows Positive Initial Interim Safety, Immunogenicity in Phase 1b/2

 AC Immune’s ACI-24.060 Anti-Amyloid Beta Vaccine for Alzheimer’s Shows Positive Initial Interim Safety and Immunogenicity in Phase 1b/2 ABATE Trial

  • ACI-24.060 elicited an anti-Abeta antibody response in ABATE’s first, low dose cohort

  • ACI-24.060 was generally well tolerated with no safety concerns observed

  • With these findings, dosing in the second, higher dose Alzheimer’s cohort has begun

  • Screening of cohort of study participants with Down syndrome also cleared to begin

  • Further safety and immunogenicity findings from ABATE cohorts expected in H2 2023

  • Initial data on amyloid plaque reduction measured via PET imaging anticipated in 2024

TG: Commercial Launch of BRIUMVI for MS

 TG Therapeutics, Inc. (NASDAQ: TGTX) today announced the commercial launch of BRIUMVI™ (ublituximab-xiiy), for the treatment of relapsing forms of multiple sclerosis (RMS), to include clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease, in adults.   

BRIUMVI is the first and only anti-CD20 monoclonal antibody approved for patients with RMS that can be administered in a one-hour infusion following the starting dose. The launch of BRIUMVI includes an extensive patient support program designed to support patients through their treatment journey.  More information about the BRIUMVI Patient Support program can be accessed at www.briumvi.com.

https://finance.yahoo.com/news/tg-therapeutics-announces-commercial-launch-120000046.html

Pear, BrightView Expand Digital Therapeutics for Substance Use Disorders

 Pear Therapeutics, Inc. (Nasdaq: PEAR), the leader in developing and commercializing software-based medicines called prescription digital therapeutics (PDTs), announced today the expansion of its collaboration with BrightView Health, an addiction treatment provider that offers evidence-based, outpatient addiction treatment programs. This initiative is designed to provide eligible adults suffering from substance use disorder (SUD) and opioid use disorder (OUD) access to reSET® and reSET-O®. BrightView, an innovative and patient-focused leader in SUD and OUD treatment, began piloting Pear’s products in its centers across six locations in Kentucky and Ohio in early 2022, and intends to expand the initiative across Kentucky, Ohio, Delaware, Massachusetts, and Virginia. BrightView currently has over 80 locations across 8 states.

https://finance.yahoo.com/news/pear-therapeutics-brightview-health-expand-130000847.html