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7 June, 2023 |
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We hope you enjoyed our events and panels at BIO this year, and be on the look out for recordings of those conversations coming soon. |
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Zachary Brennan |
Senior Editor, Endpoints News
@ZacharyBrennan
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FDA Commissioner Robert Califf (Tom Williams/CQ Roll Call via AP Images) |
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by Nicole DeFeudis
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FDA Commissioner Rob Califf told BIO CEO Rachel King on Wednesday that it’s “impossible to argue that the US is doing well in health,” highlighting high drug prices and misinformation as two key challenges. The commissioner also took the opportunity to discuss accelerated approval reforms, attrition at the agency and the Inflation Reduction Act, which came into focus earlier this week when Merck filed a lawsuit calling parts of the drug pricing law a sham. Industry critics have argued that the legislation will have a chilling effect on innovation. When asked about the IRA, Califf responded that “the prices of drugs are too high.” “We have to come up with a better system. And the IRA is an effort to do that,” he said, later adding that “all of these big laws have imperfections,” but he’s “not at liberty to talk about specific details of what I think is imperfect.” He discussed ramping up communications with CMS, not just as part of the IRA, but “on multiple fronts," adding that "one thing we're talking about is what to do about obesity drugs right now because CMS is prohibited from paying for obesity drugs if that's the only indication." “There’s something missing in the equation by which we translate all this amazing innovation into products and services that help the population,” he said generally. CMS said earlier this year that it intends to work closely with the FDA on accelerated approval payment reforms in a pilot program designed to “reduce Medicare spending on drugs that have no confirmed clinical benefit.” |
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by Zachary Brennan
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The FDA said Wednesday that the confirmatory trial that Eisai and Biogen ran to show their new Alzheimer's drug has a clinical benefit did indeed have one, lining Leqembi up for a likely full approval next month after getting an accelerated nod in January. Ahead of Friday's advisory committee meeting, which features just 6 voting members, FDA reviewers affirmed what Eisai and Biogen said at the time about the results of the confirmatory trial, known as CLARITY AD, adding that: |
Any group-level mean change from baseline on the CDR-SB that is reduced, to a statistically significant extent in an appropriately powered study, compared to placebo is considered clinically meaningful. |
| The agency also said that the positive finding on the primary endpoint is supported by statistically significant results for all four multiplicity-controlled secondary endpoints, "including clinical endpoints capturing distinct information regarding cognitive decline." As far as safety-related issues, which include amyloid-related imaging abnormalities (ARIA), cerebral hemorrhage, and infusion-related reactions and hypersensitivity, the FDA reviewers sounded positive again, saying the "risks do not appear to preclude traditional approval. Risk can be mitigated through a description in labeling and recommendations for monitoring and dose management guidelines as provided for in labeling." "I think we feel very comfortable about Friday," Eisai's US CEO Ivan Cheung told Endpoints News in a phone interview Wednesday. "We welcome any panel member asking any question." He said he didn't know why there were only 6 voting members on the committee, adding that there's variability in the size of the committees. |
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by Paul Schloesser
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Promosome, a small biotech linked to Scripps Research Institute, sued Moderna, Pfizer and BioNTech in federal court — saying the three companies violated a patent issued to its mRNA technology almost a decade ago. The Stamford, CT-based biotech filed two lawsuits in US District Court in the Southern District of California in San Diego, one against Moderna and the other against Pfizer and BioNTech, accusing the companies of patent infringement and asking for its “rightful share” of billions of dollars in revenue from the sale of their Covid-19 vaccines: Spikevax and Comirnaty. Promosome was created to commercialize the scientific work of Gerald Edelman and Vincent Mauro, both of whom were researchers at the Scripps Research Institute in San Diego. They — along with two others, Wei Zhou and Stephen Chappell — later patented a method for increasing mRNA protein expression, which was issued in 2014. “The sequence underlying defendants’ Covid-19 vaccine tells a clear story: defendants used the method of the ’179 Patent in their Covid-19 vaccine,” the suit alleges. The lawsuit against Moderna said that Promosome talked with Moderna between 2013 and 2016 about a potential licensing and business partnership, with current Moderna President Stephen Hoge visiting Promosome’s facilities at Scripps in 2013 to discuss the biotech's IP. Promosome’s suit also claims that the company sent a copy of the patent to Moderna in 2016, and Moderna’s now-head of business development, Said Francis, said that Moderna’s head of IP would review it. |
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by Katherine Lewin
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The FDA will go ahead with a regular advisory committee hearing process for battered Intarcia’s twice-yearly type 2 diabetes drug, known as ITCA 650, and it will be the agency's way or the highway, according to a letter from the FDA responding to requests from the company to change what the FDA says are "typical" processes. The response from the FDA, writing on behalf of the Center for Drug Evaluation and Research (CDER), was a reply to a May 18 letter from lawyers for the company, asking the agency to "deviate from its typical process at every juncture.” Since 2021, the company has all but shut down as executive team leaders left after the FDA said in a Federal Register notice that the trial data “demonstrated that ITCA 650 causes acute kidney injury.” But the company hasn’t given up, continuing to hound the agency for meetings and a post-CRL hearing that is now an adcomm despite multiple rejections from the agency. In February, Intarcia submitted a citizen petition for an alternative form of hearing. In March, according to a letter from Bumpus, the agency said it would grant the company an Endocrinologic and Metabolic Drugs Advisory Committee instead of a formal evidentiary hearing. In a meeting in April, the agency said it would set up an adcomm for the company "consistent with the typical practice for advisory committees," according to the FDA's letter. But Intarcia continued to ask for changes to the process in May correspondence. |
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by Tyler Patchen
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Pharmaceutical manufacturing sites have been taking root in Africa over the past year and Fosun Pharma is looking to establish a significant production site on the continent as well. Fosun Pharma announced yesterday that it is partnering with the World Bank's International Finance Corporation (IFC) to help Fosun construct a pharmaceutical production facility and distribution center in the Ivory Coast. The IFC will provide Fosun with two loans worth €100 million ($107.1 million), to support the construction of a manufacturing facility near Abidjan, Ivory Coast. According to a release, the site plans to produce anti-malaria and anti-bacterial drugs. Fosun’s buildout of the site will be in three stages and will have enough capacity to produce 5 billion tablets annually once it is completed. However, details on the size of the facility or the head count were not immediately available. Endpoints News reached out to both Fosun and the IFC but did not receive a response. “Since 2006, IFC has repeatedly provided support to Fosun Pharma, which is committed to ensuring the continuous accessibility and affordability of pharmaceutical products and improving the resilience of healthcare supply chains in the region,” Fosun Pharma chair Yifang Wu said in a release. Fosun has had deep ties in both Ivory Coast and the wider continent. Its anti-malaria drug Artesun has been treating a number of patients in Africa and has supplied antimalarial drugs to UNICEF, WHO, the Global Fund and other customers in Sub-Saharan Africa. In 2021, Fosun’s subsidiary, Tridem Pharma SAS, opened a regional distribution hub in Abidjan. |
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by Beth Snyder Bulik
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The newly launched coalition Rise to Health wants to un-silo healthcare industry players to work together for equity — and that means pharma too. Helmed by the American Medical Association, the Institute for Healthcare Improvement (IHI) and Race Forward, the initiative, for which Genentech is founding lead funder, is leaning on the pharma industry to do its part around issues like access and pricing. And it’s not just about holding meetings and talking about solutions. “We’re really focused on changing practices,” said IHI president and CEO Kedar Mate. “It’s about getting to work, asking leaders from pharma and biotech to commit to specific actions that will help us change the story.” Along with Genentech, the group is working with Bristol Myers Squibb and several other pharmaceutical companies, he said, although it’s admittedly still in the early stages compared to its work with healthcare providers. Rise to Health officially launched last week, but the work and foundation-laying began two years ago. One of the big challenges Mate and the initiative are tackling is to convince people in the industry that inequities in healthcare and substandard outcomes aren’t just the way it is and will always be in American healthcare. |
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by Tyler Patchen
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The Keystone State is getting a new manufacturing site for materials used in pharma drug production. Purolite, a division of Ecolab and a manufacturer of resins used in drugs, will be constructing a $190 million resin production facility in the town of Landenberg, PA, located in Chester County, around 45 miles southeast of Philadelphia. Construction planning is currently underway, according to a release from Purolite, with the new facility aiming to boost the supply of resins for pharma and biotech customers. It will mark Purolite’s fourth location in Pennsylvania. While the size of the facility was not disclosed, it will contain resin manufacturing facilities, laboratories, office space and additional land for future expansion. Purolite also expects to hire around 150 employees in the next five years. “As Purolite continues to grow, we are committed to continued chromatography innovation and dedicated applications support, thus improving the global supply of the high-quality products to produce lifesaving and life-enhancing therapeutics,” Hayley Crowe, Purolite’s SVP and general manager, said in a release. According to a release from Pennsylvania Gov. Josh Shapiro's office, Purolite received a proposal from the state's Department of Community Development for over $1 million. The manufacturer has also been encouraged to apply for other financial assistance programs from the state as well. Gov. Shapiro’s office said the first phase on construction will be completed by early 2025. “These types of strategic investments in growing businesses are positioning the Commonwealth as an economic powerhouse, and we will continue to make investments that bring more expansions and good-paying jobs to the Commonwealth,” Shapiro said in a release. |
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by Andrew Dunn
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Biopharma jobs continue to be particularly lucrative, with well over 100 life sciences companies paying their median employee more than $100,000 in 2022, according to an Endpoints News analysis. After reviewing hundreds of regulatory filings, Endpoints compiled data from 175 pharmaceutical, biotech, and life sciences companies that disclosed their median employee compensation last year. While there are limitations in comparing figures, they give a rare look at how much companies pay workers. Pay ranges vary widely, depending on the employer: The best-paying company on the list had a median salary of $674,500, while the bottom company paid $12,380. The mid-range was around $200,000. High paychecks are just another indicator of the industry’s war for talent, as well as the specialized skills required for many of the jobs. Biopharma executives have highlighted the challenge of bringing in and keeping talented workers. The number of life sciences researchers grew by 3.1% last year, outpacing US job growth of 2.2%, according to a June 6 report by the commercial real estate business CBRE Group. Demand for life sciences workers is also higher than pre-pandemic levels, the report found. The pay data suggest the coastal hubs of the industry are the front lines of the talent war: 24 of the 27 companies reporting median pay over $300,000 are headquartered in California, Massachusetts, or New York. Nearly all of those were in the Boston, San Francisco and San Diego regions. The top-paying biotechs also tend to have smaller, highly specialized teams. Among the top 10 companies, for instance, three specialize in neurology (Anavex Life Sciences, Prothena, and Karuna Therapeutics) and two are focused on the liver disease NASH (Akero Therapeutics and Madrigal Pharmaceuticals). Twenty-six of the 27 companies reporting pay over $300,000 also had fewer than 1,000 employees. |
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by Amber Tong
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FibroGen's top antibody candidate has failed a Phase III study in Duchenne muscular dystrophy, marking a disappointing start to a string of readouts slated for the next few months. Dubbed pamrevlumab, the drug is listed as a lead candidate for FibroGen alongside roxadustat — an anemia drug that's run into multiple clinical and regulatory setbacks of its own. Shares FGEN fell 9% to below $17 in pre-market trading. The LELANTOS-1 study is the first of two Phase III studies in Duchenne to read out, and among a total of five late-stage trials that FibroGen has devised for pamrevlumab, which is designed to block a signaling and regulatory molecule called connective tissue growth factor. LELANTOS-1 enrolled non-ambulatory patients with Duchenne who are receiving background corticosteroids. It flunked the primary endpoint, measured by the Performance of the Upper Limb 2.0 (PUL 2.0) score at week 52 compared to baseline. The second study, LELANTOS-2, focuses on ambulatory patients; data are expected in the third quarter. FibroGen did not immediately reveal plans for the program, saying only it will present the results at a medical meeting. “While disappointed with these results, we look forward to sharing the data at a future medical conference to contribute towards the understanding of this devastating disease,” CEO Enrique Conterno said in a statement. FibroGen is also testing pamrevlumab in idiopathic pulmonary fibrosis and locally advanced unresectable pancreatic cancer — and the drug received fast track and orphan designations for all three indications from the FDA. |
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John Carroll
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Editor & Founder
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Arsalan Arif
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Publisher & Founder
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Igor Yavych
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Chief Technical Officer
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Valentin Manov
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Creative Director
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Drew Armstrong
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Executive Editor
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Amanda Florez
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Chief of Staff
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Zachary Brennan
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Senior Editor
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Beth Snyder Bulik
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Senior Editor
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Melissa Nazzaro
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Sales Director
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Julie Notario
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Sales Director
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Kari Abitbol
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Director, Client Success
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James Cherrick
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Controller
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Ryan McRae
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Chief Revenue Officer
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Worldwide made. Thanks for reading.
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