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Tuesday, February 7, 2023

LIXTE: Lead Program Shows Cancer Killing Activity In Animal Models

 

  • LIXTE Biotechnology Holdings Inc (NASDAQ: LIXT) noted that a team of scientists reported that in three difficult-to-treat cancer types, LIXTE's lead compound, LB-100, combined with an inhibitor of the WEE1 kinase, causes unexpectedly effective cancer cell killing.

  • Most surprisingly, when cancer cells acquire resistance to this combination therapy, they have highly reduced cancer-causing capacity in animal models.

  • This observation indicates that LB-100 combination therapy can force cells to give up their cancer-causing properties to acquire drug resistance.

  • John Kovach, CEO and Founder of LIXTE and a co-author of the report, said the treatment of cancer cells with Lixte's lead clinical compound, LB-100, rather than inhibiting, further stimulates the signals that drive cancer cell proliferation, but paradoxically, impeding cell proliferation.

  • Dr. Kovach continued, "The authors also show that combination of LB-100 with an inhibitor of WEE1, a regulator of stress responses in the cell, leads to highly efficient cancer cell death in three hard-to-treat cancer models: colorectal, pancreatic, and bile duct carcinomas."

  • The combination of LB-100 and WEE1 inhibition suppressed the growth of patient-derived tumors refractory to conventional therapies and was associated with only modest toxicity in animal models.

Innovative Eyewear, Inc. Launches Lucyd Lyte 2.0 Audio Eyewear Line

 Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica® and Eddie Bauer® brands, announces a major upgrade to its flagship Lucyd Lyte audio eyewear platform. The new Lucyd Lyte 2.0 line brings several advances to the company's core product and is available now, in any optical prescription, at Lucyd.co. The Company intends to introduce the product to optical and specialty retailers worldwide. The Lyte 2.0 marks the culmination of years of R&D to realize the company's mission to make smart eyewear more accessible, useful and stylish for the optical and sunglass markets. New features include:

  • A four-speaker array provides immersive open-ear audio, that matches the sound quality of traditional earbuds without obstructing your hearing. The new speaker system provides an enhanced mid-range and bass response compared to the previous Lucyd Lyte.

  • Audio input is improved with the introduction of dual noise-cancelling microphones. The Lyte 2.0 is ideal for recording audio content such as podcasts and voice messages, and improves the fidelity of phone calls and input for voice assistants like Siri® compared to most built-in smartphone microphones.

  • The battery life of the glasses has been improved to 12 hours of music playback and call time per charge, a 50% uplift over the previous model.

  • The collection boasts 15 trending eyewear styles crafted by an experienced  eyewear design team. 10 styles are available now, with the remaining five in pre-order until their expected availability in March 2023.

  • The collection includes optical frames designed specifically for women and petite heads, as part of the company's initiative to develop smart eyewear for all head shapes and sizes.

  • The power and pairing indicator LEDs have been moved to a more discreet location in the inner temple.

  • Touch controls now give an audible signal whenever the user adjusts volume or uses the other button functions, such as activating the voice assistant.

  • Two new custom hinge types to enable a stronger, more aesthetically pleasing connection from the frontplate to the smart temple.

  • Strength of the magnetic charging connection is improved, and the new collection is backwards compatible with the Lucyd Dock charger introduced with the original Lyte.

  • The glasses use Bluetooth 5.2, providing improved connection stability over the previous 5.1 model.

  • The glasses are offered with a new selection of over 20 custom lenses on Lucyd.co, now including gradient sunglasses and the latest cutting-edge Transitions® XTRActive Polarized and Signature Colors lenses.

  • All of these features are added while maintaining price parity with traditional eyeglasses.

Kiora Gets OK for Phase 2 Study for Treatment of Ocular Presentation of Autoimmune Diseases

 Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX), ("Kiora" or the "Company") today announced it has received investigational new drug application approval for a Phase 2 study of KIO-101 for the treatment of the Ocular Presentation of Rheumatoid Arthritis and other autoimmune diseases (OPRA+). This study will enroll approximately 120 patients in a multi-center, controlled, randomized, double-masked trial assessing the safety and efficacy of KIO-101 eye drops in patients living with autoimmune disease who have signs and symptoms of ocular surface disease. The study is expected to begin enrolling patients in Australia in the first half of 2023.

https://finance.yahoo.com/news/kiora-pharmaceuticals-receives-investigational-drug-120000396.html

Eisai says early Leqembi rollout exceeds its hopes

 Eisai didn't reveal sales of its new Alzheimer's disease therapy Leqembi in its third-quarter update, but said the launch was running "ahead of expectations" since the drug arrived in US pharmacies in the middle of last month.

The first sales of the $26,500-per-year amyloid-targeted drug were recorded on 18th January – just days after the accelerated approval – with the first prescriptions for Leqembi (lecanemab) written on 23rd January and the first patient infusion taking place last Friday.

It is early days, of course, but encouraging signs for Eisai and partner Biogen given the abortive launch of Leqembi's predecessor Aduhelm (aducanumab) last year.

Eisai US chief executive, Ivan Cheung, said on a call with investors that interest in Leqembi from doctors, health systems, and payers was running high, with "many requests" for the drug coming in that bode well for its prospects – if access challenges can be overcome.

Any dosing of Leqembi to date will be in patients paying out of pocket for the drug or those enrolled in Eisai's patient assistance programme, which provides it at no cost to eligible uninsured and underinsured patients.

Material sales will depend on the Centers for Medicare & Medicaid Services (CMS) relaxing its policy of limiting coverage of amyloid drugs to patients in clinical trials, introduced as a result of the controversy surrounding the approval and launch of Aduhelm.

In its update, Eisai said that communication with CMS is "steadily ongoing" and that it is hoping for "broad and simple coverage to label" if the current accelerated approval is upgraded to a full approval later this year.

Last month, CMS said it "is examining available information and may reconsider its current coverage" based on a review of the data on lecanemab, and confirmed that the drug would not be subject to the same restrictions if it goes on to secure full approval.

Eisai also said it had completed a programme of presenting the results of the Clarity AD trial that supported approval of Leqembi to major payers in the US, and that several of these are in advanced discussions about including the drug on their formularies.

The company maintains that Leqembi's wholesale acquisition cost of $26,500 delivers a projected societal value of $37,600 and that over 10 years "could bring potential positive social impact of several tens of billion dollars to US society."

It is also hoping for approval of the drug in Japan in the middle of 2023, and in Europe and China before the end of the next fiscal year, ending 31st March 2024.

https://pharmaphorum.com/news/eisai-says-early-leqembi-rollout-exceeds-its-hopes

Idorsia's clazosentan fails phase 3 test in brain injury

 Swiss biotech Idorsia has suffered a setback in its bid to develop clazosentan for a form of stroke in the west, despite winning approval of the drug in Japan last year.

The company's global phase 3 trial – called REACT – found that clazosentan was unable to  prevent clinical deterioration in patients suffering an aneurysmal subarachnoid haemorrhage (aSAH), a life-threatening form of stroke caused by a ruptured blood vessel in the brain that has a mortality rate of 25% to 50%.

The study enrolled more than 400 patients aged 18 to 70 who had experienced an aSAH and had been stabilised after the initial rupture, but showed evidence of "thick and diffuse clots" on a CT scan.

Clazosentan – an intravenously-administered endothelin A receptor antagonist – is designed to prevent cerebral vasospasm in aSAH patients, a sudden narrowing of blood vessels that can occur in the days after the aneurysm, causing a lack of oxygen (ischaemia) that can exacerbate the brain injury.

aSAH accounts for around 5% of all strokes, and in about a third of cases patients develop cerebral vasospasm, leading to a worsening of their neurological condition.

Idorsia isn't giving away much detail about the trial yet, but  it is clear that clazosentan was unable to improve the primary endpoint in the study - clinical deterioration due to delayed cerebral ischemia up to 14 days after dosing started – compared to placebo.

Clazosentan was approved for the prevention of cerebral vasospasm, vasospasm-related cerebral infarction, and cerebral ischemic symptoms after aSAH in Japan last year, where it is sold as Pivlaz, on the strength of a pair of phase 3 studies involving Japanese subjects.

Both studies showed that clazosentan reduced cerebral vasospasm-related morbidity and all-cause mortality events by  more than 50% over a six-week period post-aSAH, making the failure of the REACT study particularly surprising.

Idorsia's chief executive Jean-Paul Clozel said he was "very disappointed" by the outcome of the study, which was "based on strong scientific and medical rationale and executed diligently."

The full data set – and an interpretation of the data – will be made available later, said the biotech, which for now is making no comments on the future of the drug outside Japan.

News of the REACT readout came as Idorsia reported its financial results for 2022, including CHF 97 million ($105 million) in revenues. Its notable that CHF 44 million of that total coming from Japanese sales of Pivlaz since its launch in April last year, an indicator of the financial potential of the drug and its importance to Idorsia's growth.

Quviviq (daridorexant) for insomnia contributed CHF 6.5 million, with the remainder coming from contract revenues and collaborations with partner companies including Johnson & Johnson, Mochida Pharma and Neurocrine Biosciences.

It is predicting 2023 sales will reach around CHF 230 million, based on Pivlaz sales in Japan, and Quviviq sales in the US, Germany, Italy, the UK, and Switzerland. Meanwhile, next year could see the biotech's product range extended by approval of J&J-partnered aprocitentan in patients with resistant hypertension.

Idorsia needs to raise cash to fund its growth however, according to chief financial officer André Muller, who said the company is continuing to "carefully weigh our funding options to do so." It ended the year with CHF 146 million in cash reserves, which could be exhausted in the space of a few months at its current burn rate.

https://pharmaphorum.com/news/idorsias-clazosentan-fails-phase-3-test-brain-injury


AstraZeneca: EC Approves Forxiga In Treatment Of Symptomatic Chronic Heart Failure

 AstraZeneca (AZN, AZN.L) announced Forxiga has been approved in the European Union to extend the indication for heart failure with reduced ejection fraction to cover patients across the full spectrum of left ventricular ejection fraction, including heart failure with mildly reduced and preserved ejection fraction. The approval was based on the positive results from the DELIVER Phase III trial1.

Forxiga is approved for the treatment of patients with type-2 diabetes, HFrEF and CKD in more than 100 countries. The heart failure indication extension application is currently under review in the US and other countries.


https://www.nasdaq.com/articles/astrazeneca:-european-commission-approves-forxiga-in-treatment-of-symptomatic-chronic

Novartis Says Sandoz's Prolia, Xgeva Biosimilar Accepted for Review in US

 https://www.marketscreener.com/quote/stock/NOVARTIS-AG-9364983/news/Novartis-Says-Sandoz-s-Prolia-Xgeva-Biosimilar-Accepted-for-Review-in-US-42906115/