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Thursday, April 20, 2023

Sensei OKd for Phase 1 Initiation for SNS-101, a Conditionally Active VISTA-Blocking Antibody

 Sensei Biotherapeutics, Inc. (Nasdaq: SNSE), an immuno-oncology company focused on the discovery and development of next-generation therapeutics for cancer patients, today announced that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for SNS-101, a conditionally active VISTA-blocking antibody, paving the way for the Company to conduct a Phase 1/2 clinical trial in patients with solid tumors.

https://finance.yahoo.com/news/sensei-biotherapeutics-announces-ind-clearance-113000293.html

Foundational LCD Covers Select mdx for Prostate Cancer

 MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial-stage precision diagnostics company, received notice that its Select mdx for Prostate Cancer test has successfully completed a rigorous technical assessment process with the Molecular Diagnostics Services (MolDX) Program developed by Palmetto GBA. Select mdx will be reimbursed throughout the U.S. for Medicare patients who meet coverage conditions under the foundational Local Coverage Determination (LCD) for Molecular Biomarkers to Risk-Stratify Patients at Increased Risk for Prostate Cancer.

https://finance.yahoo.com/news/foundational-lcd-covers-select-mdx-200000857.html

ContraFect: Potential Efficacy of Lysin CF-370 v. Antibiotic Resistant Gram-negative Pathogens

  ContraFect Corporation (Nasdaq: CFRX), a clinical-stage biotechnology company focused on the discovery and development of direct lytic agents (DLAs), including lysins and amurin peptides, as new medical modalities for the treatment of life-threatening, antibiotic-resistant infections, announces today presentation data showing CF-370 is highly efficacious in a neutropenic rabbit pneumonia model against an extensively-drug-resistant (XDR) strain of Pseudomonas aeruginosa (P. aeruginosa).These data were recently presented at the 33rd European Congress of Clinical Microbiology & Infectious Diseases (ECCMID) Annual Meeting held from April 15-18, 2023 in Copenhagen, Denmark.

https://finance.yahoo.com/news/contrafect-data-presentations-33rd-annual-123000430.html

Augmedix Partners with HCA for Development of AI-enabled Ambient Documentation

  Augmedix (Nasdaq: AUGX), a healthcare technology company that delivers industry-leading ambient medical documentation, today announced a partnership with HCA Healthcare, Inc. (NYSE: HCA), one of the nation's leading healthcare providers, to accelerate development of technology that aims to transform the way patient care is documented in the acute care setting.

Augmedix will collaborate with HCA Healthcare to advance the development of AI-powered ambient documentation products for acute care clinicians, helping to streamline hospital workflows. These cutting-edge products instantly convert natural clinician-patient conversations into medical notes that physicians and nurses can review and finalize before they are seamlessly transferred in real time to the Electronic Health Record (EHR). The transformation of this vital but often time-consuming task can improve the ease of documentation and provide nurses and physicians more time to spend with patients.

HCA Healthcare currently is pilot testing Augmedix’s technology stack, which includes automatic speech recognition (ASR) technology and natural processing (NLP) algorithms, in the emergency department in two hospitals, and plans to expand the pilot in emergency departments in two additional hospitals in the first half of the year.

In conjunction with this partnership, HCA Healthcare will make a financial investment in Augmedix; this investment will accelerate progress in Augmedix’s AI-centric R&D efforts to generate fully automated ambient documentation products that function within the complex acute care setting.

https://finance.yahoo.com/news/augmedix-announces-partnership-hca-healthcare-103100910.html

With hard-fought Polivy approval, Roche looks to shake up established practice in lymphoma

 After a regulatory scare, Roche can now kick off work on changing nearly 20 years of clinical practice for the treatment of diffuse large B-cell lymphoma (DLBCL).

The FDA has signed off on Roche’s Polivy as part of a five-drug combination for previously untreated DLBCL or high-grade B-cell lymphoma, the Swiss pharma giant said Wednesday.

The new regimen is the first new treatment in nearly 20 years to significantly improve outcomes in first-line DLBCL, according to Roche. Analysts have previously said the front-line use could add $2 billion to Polivy’s peak sales.

But after the FDA laid bare some of its reservations about the company’s application, it’s still unclear to what degree Polivy will be able to challenge the standard R-CHOP therapy.

For this approval, Polivy made its case in the phase 3 POLARIX trial, which showed that Polivy and R-CHP reduced the risk of progression or death by 27% compared with R-CHOP. With the new regimen, Roche is replacing the Oncovin (O) component in R-CHOP with Polivy, an antibody-drug conjugate.

During an internal review, the FDA suggested the tumor progression benefit was “modest.” And the agency appeared not so confident in Polivy because it has yet to show an ability to extend patients’ lives despite a longer time of trial follow-up.

The FDA also picked apart POLARIX’s data in different patient subgroups. The FDA’s analysis found that the high-grade B-cell lymphoma patients appeared to have driven the majority of the progression-free survival improvement, whereas patients with DLBCL, the largest subgroup, saw limited benefit.

Still, during an advisory committee meeting in March, an external panel of oncology experts voted 11 to 2 in support of a favorable benefit-risk profile for Polivy as a front-line lymphoma treatment.

Most experts argued that Polivy should be approved given that POLARIX is indeed a positive trial and that the new combo’s ability to stave off progression represents a win for patients because it may save them from further treatment.

As for overall survival, Roche, the FDA advisers and agency staffers all recognized that the existing R-CHOP regimen is already very powerful. This means POLARIX may never see a clear overall survival signal.

Several members of the FDA advisory committee said that the POLARIX results may not be the major breakthrough that they were looking for.

“I would consider this regimen to be an option, rather than a standard,” Greg Nowakowski, M.D., from the Mayo Clinic, said of Polivy. “In a setting of lack of overall survival difference from R-CHOP, I would consider them equivalent.”

But Roche already has one tailwind for adoption. The National Comprehensive Cancer Network recently included Polivy as a category 1—the highest level—preferred regimen for first-line DLBCL.

Wednesday’s go-ahead also converted an accelerated approval for Polivy in combination with Rituxan and bendamustine as a third-line treatment for DLBCL into a full approval.

Hoping to further improve treatment outcomes in DLBCL, Roche is combining Polivy with its CD20xCD3 bispecific antibody Lunsumio in the phase 3 SUNMO study in previously treated disease.

https://www.fiercepharma.com/pharma/roche-wins-hard-fought-fda-approval-polivy-changing-20-years-lymphoma-practice

Bristol Myers pays $23M to develop solid tumor ADCs based on Tubulis' toxicity-taming tech

 Bristol Myers Squibb is getting deeper into antibody-drug conjugates (ADCs), paying Tubulis $22.8 million upfront to access technology designed to create more stable drugs with improved risk-benefit profiles.

Tubulis, a German biotech that raised a $63 million series B round last year, has talked up the potential for the combination of its Tubutecan payloads and P5 conjugation platform to reduce toxicity as it has tried to stand out in the competitive ADC space. By minimizing premature loss of payload and stopping aggregation in circulation, Tubulis thinks it can limit target-independent toxicity and make better ADCs.

Bristol Myers has placed a bet on the idea. In return for the upfront payment and the more than $1 billion in milestones that could follow, the Big Pharma has gained exclusive access to Tubulis’ technology for “a selected number of highly differentiated ADCs to treat solid tumors.”

Once Bristol Myers selects antibody targets, Tubulis will provide its linker-payload to create an ADC and then leave its Big Pharma partner to handle development, manufacturing and commercialization. 

“One of the key features is flexibility,” Tubulis CEO Dominik Schumacher, Ph.D., told Fierce Biotech in an interview. “You can look into the tumor biology and the target biology and fit the linker-payload to it, so that you always reach good biophysical properties and really make it tailor-made for the indication that you want to address. That is a differentiator and probably also one thing that has led to this exciting announcement.” 

The deal continues Bristol Myers’ push into ADCs. Two years ago, the Big Pharma paid $650 million for rights to Eisai’s folate receptor alpha-targeted ADC. Bristol Myers’ pipeline also features phase 1 trials of ADCs directed at two of the hottest cancer targets of recent years, Claudin 18.2 and BCMA.

Little is known about the Tubulis project. Schumacher declined to say whether work has begun, and the identity and number of targets covered by the deal are also unknown. Tubulis keeps its internal programs closely guarded, too, with the targets of its four solid tumor programs unknown and Schumacher declining to say when they would reach the clinic. A chief development officer joined in February.

Tubulis has disclosed work on an ADC directed against CD30, the target of Seagen’s approved lymphoma drug Adcetris, but has opted against taking the program forward itself. Focusing on solid tumors, Tubulis previously outlined plans to take the CD30 program up to the IND stage and then find a partner. Eleven months later, Tubulis is “in the process” of finding “the right partner,” Schumacher said.

https://www.fiercebiotech.com/biotech/bristol-myers-pays-23m-develop-solid-tumor-adcs-based-tubulis-toxicity-taming-technology

Veru Sells ENTADFI Business for $20 M + up to Additional $80 M Sales Milestones

 Veru Inc. (NASDAQ: VERU), a biopharmaceutical company focused on developing novel medicines for oncology and SARS-CoV-2 and other viral ARDS-related diseases, today announced the sale of its ENTADFI® (finasteride and tadalafil) capsules business for benign prostatic hyperplasia (BPH) to Blue Water Vaccines, Inc. (NASDAQ: BWV) for $20 million and up to an additional $80 million from sales milestones. Under the terms of the agreement, Veru received $6 million at closing and Blue Water is obligated to pay the Company an additional $4 million in the Company’s fiscal year 2023, and an additional $10 million in installments in the Company’s fiscal year 2024. In addition, Veru could receive up to an additional $80 million if certain ENTADFI sales milestones are achieved.

https://finance.yahoo.com/news/veru-sells-entadfi-business-20-104500360.html