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Zoom can only go so far. That’s the mindset John Carroll will be bringing to London next week for the first time in several years. If you’re there, consider joining him as he chats with a small crowd of biopharma people —
we also have virtual options
.
Taste of M&A Monday
AstraZeneca
— specifically its subsidiary
Alexion
—
bought out a struggling gene editing player
that just recently overcame a second clinical hold to its only program in human studies. Even at $2.07 per share, the buyout represented a 667% premium for little
LogicBio
and its best option with dwindling cash. The way Alexion tells it, the rare disease group is much more interested in the biotech’s talent, skillsets and capabilities in genomic medicine than any one project in particular — and all the challenges that LogicBio ran into just means the team is battle tested.
A special kind of lab
A regarded singer-songwriter,
Casey McPherson
never imagined going into drug development. Then his daughter,
Rose
, was diagnosed with an ultra-rare disease that robbed her of the ability to talk, and an intellectual property disagreement prevented Columbia University scientists from tackling her disease. McPherson saw families like his encounter similar barriers and eventually
co-founded a first-of-its-kind lab
,
Everlum
Bio
, to spark a treatment for Rose — and others like her, Jared Whitlock writes.
Biotech founder wins Nobel
Carolyn Bertozzi
can add “Nobel laureate” to her long list of titles. The Stanford professor and repeat biotech founder shared the Nobel Prize in Chemistry with
Morten Meldal
of University of Copenhagen and K. Barry Sharpless of Scripps for
“elevating chemistry into the era of functionalism.”
While Sharpless and Meldal won for their contributions to click chemistry, Bertozzi was credited for taking those findings a step further and finding chemical reactions that can take place within cells — launching a field known as bioorthogonal chemistry.
BioMarin layoffs
By the time the FDA hands down a decision on its hemophilia A gene therapy,
BioMarin
will be a different company — literally. The biotech is
laying off about 120 employees
— 4% of its global workforce — in what it calls an organizational redesign. By simplifying the company structure, it hopes to save $50 million per year.
PREMIUM
Off-the-shelf CAR-T hits pivotal
After calling a lengthy time out on the development race with a clinical hold imposed by the FDA,
Allogene
finally kicked off a landmark PhII pivotal
for its off-the-shelf CAR-T. The single-arm study with 100 patients will test
ALLO-501A
for large B-cell lymphoma. On top of discussions on dose and CMC, they’re also providing a closeup of the lymphodepletion regimen
ALLO-647
.
Digital strategy for today’s healthcare
Amy West
joined
Novo Nordisk
more than a decade ago to oversee marketing strategies and campaigns for its US diabetes portfolio. However, her career path shifted into digital, and she hasn’t looked back. West went from leading Novo’s first digital health strategy in the US to now heading up digital innovation and transformation.
In a Q&A
, she talks about how her crew tests, pilots and develops new strategies needed in today’s consumerized healthcare world.
DEALS
The question has hung around the air for months now: Where will
Nektar
, the one-time high-flying biotech once best known for its
Bristol
Myers Squibb
alliance, go after the multibillion-dollar IL-2 program fell apart?
PureTech
revealed that it’s in talks with Nektar
about a possible merger
, which could bring two platform technologies together.
Getting the M&A wheels turning,
Incyte
shelled out $70 million
in cash to acquire
Villaris Therapeutics
and its lead candidate
auremolimab
, a preclinical anti-IL-15Rβ monoclonal antibody being investigated in vitiligo. There are also possibilities of going into other autoimmune and inflammatory indications, areas that Incyte has been targeting with its JAK inhibitor.
Three years after
Sumitomo
scooped up
Roivant’s
46% stake in the publicly traded
Myovant
as part of a 5-company, $3 billion deal, it’s
coming back for the whole thing
. But these other investors at Myovant want more than what the Japanese pharma company is currently offering to pay at this stage, as the board demands a better proposal than the current $2.5 billion offer.
Sanofi
is jumped into the antibody-RNA conjugate space and
elevated a little-known private biotech
into the spotlight by licensing a preclinical ARC candidate from Gaithersburg, MD-based
miRecule
that’s designed to treat a genetic muscle disease known as facioscapulohumeral muscular dystrophy. Upfront and near-term milestones add up to about $30 million, while additional biobucks could bring the deal’s total value north of $400 million.
With its FDA decision one month away,
Provention Bio
has already begun its commercial efforts for its type 1 diabetes drug — and
Sanofi
is signing on as a partner
. If
teplizumab
, Provention’s antibody treatment for delaying the onset of symptomatic type 1 diabetes, gets approved in November, Sanofi will invest $35 million upon approval and get dibs on negotiating rights.
The latest addition to
Bristol Myers Squibb’s
protein degrader lineup comes by way of a
Celgene
connection.
SyntheX
will be its partner in a
multi-target $550 million deal
centered on molecular glues. The small team is focused on making the early-stage drug discovery process “a bit more functional,” and it had been talking to scientists at Celgene for the past few years.
Pfizer
wasn’t kidding around when it said it’s leaving “very few stones unturned” in dealmaking. The pharma giant is paying about
$116 million to scoop up
University of Queensland spinout
ResApp
Health
, which is developing a smartphone technology that promises to diagnose Covid and other respiratory illnesses based on cough and breathing sounds.
Are SPACs slowly creeping back?
Estrella
Biopharma
, a Bay Area biotech looking to push CAR-T in solid tumors using tech from
Eureka
,
is going public via a merger
with
TradeUP Acquisition
Corp
. And if it all goes as planned, the public version of
Estrella
— dubbed
Estrella Immunopharma
— will be worth around $398.5 million.
Boehringer Ingelheim
wants in on Wnt, and it’s willing to cash out the big bucks if it pans out. With an upfront payment of $12.5 million, it’s
licensing a bispecific antibody, plus two backups
, from
Surrozen
to go after retinal disease, as preclinical data showed the candidate could stimulate Wnt signals in the eye and possibly induce retinal vessel growth.
Sanofi
is enlisting
TrialSpark
to scout promising programs to in-license or acquire, with a goal of finding six Phase II/Phase III drugs to buy within the next three years. Whereas TrialSpark originally set out to hasten clinical studies for biopharma partners, it has pivoted to internal R&D and begun hunting for programs. Under the pact, Sanofi will take charge of commercialization.
PEOPLE
Two months after his abrupt exit from
J&J
,
Mathai Mammen
is emerging as a top candidate
to succeed
Michel Vounatsos
as
Biogen’s
next CEO, STAT reported. As it steers past the
Aduhelm
fiasco into the future of the next-gen Alzheimer’s drug
lecanemab
, the biotech is looking for someone with more R&D experience, according to STAT.
Normally, a former biotech exec going on a board wouldn’t be news — it happens every day for post-buyout CEOs. But it’s a different story when
Jeff
Marrazzo
, the co-founder and ex-CEO of
Spark
Therapeutics
, makes that jump. So John Carroll
sat down with him to talk about
the next big cause he’s choosing to champion: an epigenetic editing startup called
Chroma
Medicine
.
In an effort to preserve cash, cancer immunotherapy startup
OncoSec Medical
will lay off about 45% of its workforce
, or 18 employees. The penny stock and
Merck
partner is slimming down to complete a Phase II trial for its sole program in melanoma. With the restructuring, OncoSec says it now feels confident it can complete the trial within the next six months.
John McHutchison’s
three years as CEO of
Assembly Bio
since jumping from
Gilead
has been marked by tumult and clinical setbacks. Now, as the biotech maintains its goal of developing a functional cure for HBV but shifts its focus on next-generation programs,
he’s retiring and handing the keys to
Jason
Okazaki
, who’s just recently been promoted to president and COO.
Cyclerion
Therapeutics
, the spinout tasked with developing the old
Ironwood
pipeline, hit another speed bump and will make a somewhat significant turn. In conjunction with an announcement that it
will slash its staff by 45%
, trimming the headcount to about 16 employees, the biotech is pivoting toward mitochondrial diseases while offloading a handful of programs.
Bob Duggan’s Summit Therapeutics
is running out of moves
for its sole clinical-stage candidate. The biotech issued a terse statement that it’s pulling the plug on the only active clinical trial for
ridinilazole
, which has been through a failed late-stage trial for C. difficile. A pediatric study is being curtailed as Summit says it decided a few days ago to either partner out the therapy or get a buyer — if they can find one.
As
Severin Schwan
gets ready to hand the
Roche
reins to diagnostics chief
Thomas
Schinecker
, the pharma giant
will promote
Matt Sause
to take Schinecker’s place.
Matt
Sause
, who currently leads
Roche’s
North American diagnostics business, has served a handful of roles across the company’s diagnostics and pharma units over the past 20 years.
Under the weight of a two-year clinical hold on its cancer cell therapy,
PharmaCyte
appears to be on its last legs.
Kenneth Waggoner
, its CEO of almost 10 years,
is out the door
, and the company’s largely reshuffled board enlisted a “business review committee” to look at ways to “realize optimal shareholder value.”
As the pharma industry buckles down to reduce its carbon footprint — with some committing to zero emissions as early as 2025 — so is the advertising industry. Ad
Net
Zero
, an initiative based in the UK and Ireland,
has tapped
former
OMD US
and
BBDO New York
CEO
John Osborn
to lead its extension to the US and spread the message on reducing emissions.
AI
Eli Lilly
is the latest to tap
Schrödinger
for a small molecule discovery and optimization deal. This one is
worth $425 million total
and the pharma giant will lead everything once a given program enters the preclinical stage. The partnership was disclosed as part of Schrödinger’s platform day, where it outlined internal programs and path forward.
AstraZeneca
is doubling down
in chronic kidney disease and idiopathic pulmonary fibrosis by selecting one target for each of those via its AI partner
BenevolentAI
. Since their tie-up in 2019, the pharma giant has selected five targets in total, and it says the new targets are “novel rare variants.”
FINANCING
Cellarity
doesn’t have any lead candidates yet. It doesn’t even have a public pipeline. But it’s still attracting new investors, who are
chiming in for a $121 million round
. Traversing what it calls “white space,” the
Flagship
startup takes a non-traditional drug development approach that examines the entire cell system rather than a single target.
Out to replicate the university spinout approach that has cemented the biotech creation blueprint for Boston funds,
Red Tree Venture Capital
nailed down its first fund
to bankroll at least a dozen biotechs and medical device startups in California and some other West Coast states for which the capital deployer wants to be the first institutional backer.
As
Amylyx
gets ready to debut its ALS drug in the US — amid scrutiny and criticism of the price it’s set — the biotech is going back to the public market for some cash to fund the production and commercial work. The public offering is expected to fetch Amylyx
anywhere from $167 million to $192.2 million
. But the biotech also made sure to warn investors that the drug may have to be yanked from the market, alluding to an informal pledge by its co-CEOs.
For the better part of its first decade, UC Berkeley spinout
Valitor
has largely been funded by government grants. That’s changing now as it secured a new CEO and the funds to take its research into the clinic in early 2024.
Morningside
led the $28 million Series B
in support of its mission to upend the treatment of wet age-related macular degeneration.
With only two full-time employees,
Vergent Bioscience
now has $21.5 million
to work on a fluorescent imaging agent that would allow surgeons to find, more quickly, solid tumors in patients during surgery. The biotech had originally in-licensed the molecule from Stanford, and it notes the funding will last well into Phase III studies, most likely into 2024 and 2025.
A generally gloomy public market hasn’t stopped biotechs with big clinical plans from raking in the cash — either through stock offerings or loans. The oncolytic virus experts at
Replimune
are taking the latter route, inking a deal to
borrow $200 million from
Hercules Capital
over the next five years as it works through clinical readouts.
Despite Covid woes,
Valneva
lined up $100 million
in a share offering to push forward its
Pfizer
-partnered Lyme disease vaccine and a jab for chikungunya that awaits an FDA decision. The capital injection is nearly equal to the amount Pfizer paid to nab equity in the company earlier this summer as part of the duo’s vaccine tie-up.
CELL/GENE TX
Nested Therapeutics
believes it’s found a way to unlock new aspects of precision oncology. And with KRAS pioneer
Kevan Shokat
as a pioneer, the Versant-backed startup
scored $125 million
to move two lead programs into the clinic. By screening protein structures, it wants to better understand driver mutations in certain cancers and zero in on them.
At a 12-month deadline for their partnership,
Pfizer
elected to only move forward with one
of two capsids out of
Voyager Therapeutics
for use in its AAV gene therapies. The selection of the capsid, which targets a rare neurologic disease, triggers a $10 million payment but also leaves a second capsid for a cardiac target on the table.
Kite Pharma
just secured FDA green light
to kick off operations at a new manufacturing campus in Oceanside, CA, where it will make retroviral vectors, a key ingredient for its CAR-T cell therapies. The facility has been in the works for about four years, and Kite is looking at automating part of the manufacturing process so that it can become more efficient.
Faced with the shortage of lentiviral vectors worldwide,
Legend Biotech
and
J&J
will be doubling their investment in Legend’s New Jersey manufacturing center,
investing a total of $500 million
to manufacture their own. The move is designed to support a ramp-up in production of the partners’ BCMA-directed CAR-T
Carvykti
, approved in February for multiple myeloma.
PHARMA
When the CMS restricted its coverage of
Biogen’s
controversial Alzheimer’s drug
Aduhelm
, it also lumped all amyloid-targeted monoclonal antibodies with it. But a new bipartisan House bill, if it passes,
would seek to separate the follow-on
lecanemab
and other amyloid-targeted drugs with data coming soon from Aduhelm. And it would restrict CMS from making the same sort of class-wide decisions moving forward.
When new drugs win approval in the US, the FDA often tasks sponsors with conducting postmarket studies as a condition of the OKs. But a
new JAMA study shows
that for the 135 new drugs approved from 2013 to 2016, the majority of pharma companies who had certain commitments were late in meeting them.
Pharmacy benefit managers have become a thorn in the side of the pharma and insurance industries in recent years, and just a couple of months after the Federal Trade Commission signaled it would investigate unlawful PBM practices, FTC chair
Lina Khan
is looking to turn up the heat even more. Speaking at a conference, Khan
pledged to use all tools
in investigating the pharma middlemen, Paul Schloesser reports from Kansas City, MO.
Amgen
opened the doors to its second-largest research site
with lab and office space right next to
Genentech’s
1 DNA Way in South San Francisco. It’s looking to fill the building with 650 staffers working to discover drugs to treat cancer, inflammatory diseases and cardiometabolic disorders — and it’s got some built in perks to attract top talent.
Almost two years after pushing a third drug to market,
Alnylam
notched an expanded label
for
Oxlumo
in primary hyperoxaluria type 1. The rare genetic disease, in which the body is unable to regulate the overproduction of oxalate, can spur the development of kidney stones and play a role in later-stage kidney disease.
In the already buzzy obesity drug market,
Eli Lilly
is the latest newsmaker,
nabbing a fast-track designation
and rolling review from the FDA. While Lilly’s
tirzepatide
study in obesity initially read out positive results in April, it’s initiating an FDA filing as it awaits results from a second Phase III study.
What’s
Biohaven
without its CGRP portfolio? That’s what CEO
Vlad Coric
is tasked with deciding as he
maps out the new Biohaven
post-
Pfizer
takeover. Regrouping following the $11.6 billion sale of its migraine drugs, Coric brought in a couple more experts to help build an independent company with a renewed focus on neuroscience and rare diseases.
CORONAVIRUS
Amid already plunging use of
Merck’s
Covid-19 antiviral
Lagevrio
, the preprint of a real world study of Lagevrio conducted in the UK suggests the antiviral
does not reduce “already low” numbers
of hospitalizations or deaths in mostly vaccinated adults. But patient-reported outcomes were better on the Lagevrio arm. Merck maintains its plans of filing for a full NDA.
While
AstraZeneca’s
Covid-19 pre-exposure prophylactic
Evusheld
has managed to remain relevant
for immunocompromised and other patients through new Omicron subvariants, one of the new strains may render it almost obsolete, the FDA warned. A spokesperson acknowledged that the drug is unlikely to be active against BA.4.6 but said the subvariant isn’t expected to become a dominant strain.
Eiger BioPharmaceuticals
is dropping plans to submit
an emergency use application to the FDA for its repurposed Covid-19 drug after the agency turned down its request for a pre-EUA meeting. Citing concerns about the conduct of a Phase III study, regulators said they will not consider an EUA application.
Moderna
refused to disclose its mRNA vaccine technology
to China during negotiations to sell its Covid-19 shot in the country, according to a new report from the Financial Times. Ultimately, Moderna, which has been fiercely protective of its intellectual property, declined to hand over its recipe and backed out of those talks due to “safety and commercial concerns.”
LAW
Eli Lilly
and
Teva
are set for a court battle over
their migraine drug rivalry after a federal appeals court refused to invalidate three of Teva’s patents for its migraine treatment
Ajovy
, while also declining to issue a summary judgment in favor of either company. Teva filed suit against Lilly back in 2018, alleging that the company infringed upon nine patents with
Emgality
.
As
Illumina
continues to fight for its $7.1 billion
Grail
buyout, the
American Antitrust Institute
and
William
Baer
, former director of the FTC’s Bureau of Competition and assistant attorney general for DOJ’s antitrust division,
filed a request to submit
an amicus brief that about a proposed fix that they say carry “important implications for the future of merger law and sound antitrust enforcement.”
R&D
The FDA might have approved a new ALS drug, but that doesn’t mean R&D in the space gets any easier.
Clene Nanomedicine
reported that its ALS program, which uses gold nanocrystals to try to catalyze intracellular reactions,
did not achieve
its Phase II primary or secondary endpoints. It’s now looking for “potential strategic partners.”
GSK
claimed a win
for what it calls the largest head-to-head trial pitting a PD-1 against
Merck’s
best-selling
Keytruda
in a type of lung cancer, as
Jemperli
met the primary endpoint of objective response rate (even though the trial was not powered for superiority). In a separate positive move, GSK says it’s moving both arms of the COSTAR Lung trial into Phase III to test Jemperli as well as the TIM-3 inhibitor
cobolimab
.
Talzenna
, the low-profile PARP inhibitor
Pfizer
scored in its $14 billion buyout of
Medivation
in 2016,
hit the primary endpoint
in a Phase III study. Pfizer said a combo of Talzenna and
Xtandi
beat Xtandi alone in PFS for patients with metastatic castration-resistant prostate cancer. But details are slim and the numbers will have to wait.
In the wake of serious side effects,
KalVista
is closing down a Phase II trial
for one of its experimental drugs. Multiple patients in every treatment group saw unsafe, elevated levels of certain liver enzymes after taking its oral plasma kallikrein inhibitor for hereditary angioedema, the company reported.
Aldeyra
touted some positive data
out of the first part of a Phase III study in a rare eye disease with no approved therapies. But going forward with the study in a similar fashion will be “difficult, if not impossible,” something it will need to hash out with the FDA in an upcoming meeting. The same drug is being prepared for a filing in another indication.
After being forced to delay two Phase IIa trials and blaming CMC issues on a Phase Ib miss,
Eliem Therapeutics
believes it’s now in the clear
. New early-stage studies ruled out CMC as the reason for the foiled study, and the company will no longer pursue photosensitive epilepsy — where low exposure to its drug was first observed. It will however move forward in other indications.
Adamis Pharmaceuticals
is slowly tumbling down, and the biotech
is looking at all its options
. After a Phase II/III trial failure last month sent the penny stock player’s shares even further down, the company said it is examining options to get the best value for its investors. Alternatives include anything from a partnership to a sale of its two commercial products to M&A — and bankruptcy in the worst-case scenario.
Danish biotech
Scandion Oncology’s
lead candidate failed a Phase II trial
in metastatic colorectal cancer, sending shares into a tailspin. Neither the primary endpoint on tumor reduction nor the secondary endpoints on progression-free survival and stable disease were met. The flop comes after both the COO and CEO stepped down from their positions.
#AAO22
J&J’s Janssen
will take its gene therapy for geographic atrophy into a Phase II study later this year. To get there, Janssen
touted early-stage safety data
at the American Academy of Ophthalmology annual conference, half a day after competitors
Apellis
and
Iveric Bio
revealed their own more-detailed Phase III analyses. Kyle LaHucik reports from Chicago.
Ahead of the launch of its pivotal trial,
Aura Biosciences
detailed some interim data
from an ongoing Phase II trial of an eye cancer drug that the biotech hopes will reduce the need for radio therapies that can blind patients with ocular tumors. At the interim look, its drug kept choroidal melanoma in check while nearly all patients retained their vision.
MARKETINGRX
Pfizer
and
BioNTech
are collaborating with
Marvel
to celebrate “everyday” people getting Covid-19 vaccines in a custom comic book. In the “Everyday Heroes” digital comic book, a grandfather who is waiting with his family at a clinic for Covid-19 vaccinations tells the story of how the Avengers defeat Ultron, a leading villain, much the same way vaccines fight viruses.
There are some odd-looking purple creatures lurking around the halls of
AstraZeneca
lately. The “Phil” character cutouts — which are also showing up online — are purple, personified eosinophils with big buggy eyes and wide mouths, and they’re a part of the company’s
newest awareness effort
to help people understand eosinophilic asthma. The goal is to highlight the annoyance and difficulty of uncontrolled asthma in a lighthearted way.
With its first drug launch in the books,
Insmed
is now focusing on building out a road map for upcoming products – with an eye on consumer marketing strategies. For CEO
Will
Lewis
, that means
tapping consumer insights
as early as possible and developing products and packaging that are intuitive and easy to use. Beth Snyder Bulik explains.
In an effort to get people talking about cardiovascular disease,
Novartis’
new “From the Heart” video series
talks to researchers, patients, public health officials and advocates. The interviewer is
Marie-France Tschudin
, Novartis’ president and chief commercial officer, who opens the series bringing to light shocking statistics and challenging viewers to confront them.
As
Leo Pharma
aims to take on heavyweight champ
Dupixent
in atopic dermatitis, it’s
launching “AD Days Around the World,”
an awareness campaign documenting real patient stories across Europe. In short video clips, they discuss the challenges of living with AD, the most common form of eczema.
Now that
Fred Hutchinson Cancer Research Center
and
Seattle Cancer Care Alliance
are under one umbrella following a merger, the new Fred Hutch
debuted a rebrand highlighting
the newly unified research and clinical care programs with a new brand identity featuring a multicolor logo and advertising campaign.
Healthcare agency veteran
Leo Tarkovsky
joined
Fingerpaint Group
as chief commercial officer to oversee its growing portfolio of pharma and healthcare agencies and communications companies. Tarkovsky came to Fingerpaint from
WPP
, where he was EVP for global healthcare growth over the past year, but he’s enticed by the chance to work at a smaller, growing agency.
Servier
has dropped billions of dollars over the past several years with the goal of becoming a top player in hard-to-treat cancers. Now it’s setting a deadline for 2030 — and giving its brand a makeover. The company
changed up its logo
, adding a star and “moved by you” slogan. The “r” at the end of the logo curves into a “smile” representing “hope for patients.”
When
Kaile Zagger
took the helm of UC Davis spinout
Evolve Biosystems
several months ago, the company billed itself as a probiotic maker. However, she believes the company’s Evivo supplement designed to help infants develop a healthy gut microbiome is “so much more” — and that, she said,
calls for a rebrand
. Meet
Infinant
Health
, where nature is a key theme.
Novartis
is turning to a winning NFL coach to talk about
Leqvio
and the struggles of high cholesterol — including his own;
Pfizer
is selling branded merchandise — specifically “Science Will Win” T-shirts, hoodies, water bottles and even golf balls and a golf umbrella — online; A study finds oncology digital marketing to be on the rise in Europe; don’t miss out anything in the pharma marketing world.
Check out the MarketingRx roundup
.
FDA+
The FDA’s Center for Drug Evaluation and Research
dropped its briefing documents
spelling out why
Covis’
controversial preterm birth drug
Makena
should be pulled from the market — and it isn’t mincing words. Ahead of an advisory committee meeting, CDER decried “false hopes” and risks of the continued marketing of Makena in the absence of evidence that it really works.
Thanks to the passing of PDUFA VII, the FDA
released eagerly-awaited details
behind the two industry-friendly pilot programs. The first is a pilot program, dubbed STAR, to shorten review times for supplemental apps aimed at unmet medical needs, while the second will advance the development of new rare disease endpoints via additional meetings.
Pfizer
,
GSK
,
Janssen
,
Regeneron
,
Boehringer Ingelheim
and at least a half dozen other companies are calling on the FDA
to provide significantly more clarity
in its draft guidance from this summer on clinical outcome assessments, which are a type of patient experience. The Big Pharma heavyweights made clear they aren’t happy with the lack of specificity.
As abortion bans take effect nationwide, doctors and advocates are keeping the pressure on the FDA over concerns that the Supreme Court’s Dobbs decision leaves a drug used off-label for miscarriage treatment vulnerable to restrictions. In a new petition, they requested that regulators encourage
Danco Laboratories
to file an application
for its pregnancy termination pill
Mifeprex
in miscarriage management.
Otsuka
subsidiary
Taiho Oncology
nabbed an accelerated approval
for
Lytgobi
(
futibatinib
), its new kinase inhibitor to treat adults with a type of previously treated bile duct cancer, known as metastatic intrahepatic cholangiocarcinoma harboring fibroblast growth factor receptor 2 (FGFR2) gene fusions or other rearrangements.
In 2020, the FDA rejected
Mesoblast’s
remestemcel-L
, or
Ryoncil
, its lead candidate for pediatric acute graft-versus-host disease that didn’t respond to steroids. Responding to one of the concerns spelled out by regulators, the Australian biotech says it
sent in an optimized potency assay
to ensure consistency of its stem cell therapy, setting the biotech up to resubmit its BLA in the near future.
The
FDA+ roundup
is making a return this week to note the biggest stories that you probably missed: The FDA is convening an adcomm to review
Cytokinetics’
heart drug; New generic drug guidance seeks to reduce facility-related delays for regulatory review; and the FDA recently proposed a new rulemaking to amend its regulations to modernize, simplify, and enhance the current system for overseeing human research.
MANUFACTURING
BioNTech
signed what’s called a “Letter of Intent”
with the state of Victoria and a part of Australia agreeing on a partnership on mRNA therapies and vaccines. The proposed partnership includes plans to build a “research and innovation” center, working on projects and backing Australia’s mRNA efforts to move more into preclinical and clinical development, on top of a product manufacturing facility.
In a boost to its Asia Pacific regional headquarters in Singapore,
Merck
opened a new secondary packaging facility and broke ground on a separate facility that will manufacture next-generation inhalers. The two manufacturing sites are part of a
$500 million investment
to expand regional production of medicines and vaccines such as
Keytruda
and
Gardasil
.
After winding down its only clinical trial and laying off a sizable group of staffers,
PACT Pharma
sold a lab in South San Francisco to
AmplifyBio
, an Ohio-based contract research organization specializing in cell and gene therapy development. PACT, whose goal has been to create personalized cancer therapies, will also transfer some personnel and offer access to technology platforms that can be applied on “product characterization.”
Roche
has broken ground
on a 56,000-square-foot production facility at its 63-acre campus in the town of Branchburg, NJ, according to the local news website mycentraljersey.com. The facility will be used to manufacture Roche’s polymerase chain reaction that is used in diagnostic tests, per the report, and is expected to house hundreds.
Only a few months after expanding its facility in Holly Springs, NC, vaccine maker
CSL Seqirus
is putting the new location to use
with its latest, $30.1 million contract. HHS’s BARDA chose CSL Seqirus to produce an H5N8 A/Astrakhan virus vaccine candidate for a Phase II study which is slated to start in Q2 of next year.
A growing gene therapy company named
Myrtelle
is teaming up with
Forge Biologics
to make
Myr-201
, a gene therapy indicated for monogenic hearing loss. Forge will provide plasmid manufacturing, plus cGMP AAV process development and scaling manufacturing services at its manufacturing site in Columbus, OH.
To date, only two gonorrhea vaccines have made it into human trials, with neither proving successful.
Intravacc
and
Therapyx
hope to make the third — and Intravacc, a Dutch CDMO, received a grant from NIAID
for up to $14.6 million
to push their vaccine candidate toward the clinic. The vaccine consists of IL-12 capsules inside an outer membrane vesicle, and it would be delivered through the nose.
With few new details of what needs fixing,
Lupin
disclosed that the FDA
recently sent a warning letter
to its Tarapur, India, site. The warning letter follows a Form 483 received in April. The manufacturer says it does not believe the FDA slap will disrupt its drug supplies or the existing revenues from operations of this facility.
Dupo, IL-based contract manufacturer
Sterling Pharmaceuticals
has had a long, tough year.
Verrica Pharmaceuticals
were slammed with two CRLs
that they blamed on Sterling. Now, details of that reinspection are coming to light in a new warning letter published this week by FDA, which raises major concerns about the way the site is designed and how it operates.
Months after acquiring
Q1
Scientific
, a stability storage company located in Ireland,
Cambrex
says it will be expanding by adding a new storage building in Belgium;
MilliporeSigma
cut the ribbon on a new 29,000-square-foot manufacturing facility in France that will make drug substances; learn more in the
Manufacturing roundup
.
DON’T MISS
Takeda
decided to pull its hypoparathyroidism drug
from the market entirely, devastating almost 3,000 people with the rare disease who have been anxiously monitoring the situation since 2019, when the injection was recalled due to manufacturing woes. As supply issues remain unresolved, Takeda said it will halt all production by the end of 2024.
In a letter to the editor,
Ron
Cohen
, president and CEO of
Acorda
, responds to an Endpoints report on a JAMA paper “that purports to show that there is no correlation between the price of a drug and its R&D costs.” He
takes a few issues with the design of that study
.
With its Covid-19 monoclonal antibody sidelined in the US since April and plans for full approval no longer in the cards,
Vir Biotechnology
is putting more eggs
into the influenza basket with a hefty-sized contract from the federal government. The up-to-$1 billion contract will bankroll a Phase II testing of its antibody as a pre-exposure prophylaxis, and BARDA has already injected $55 million. In total, Vir could be on tap to create as many as 10 candidates.
Three pharma leaders
landed on Fortune’s most powerful women
in business list for 2022.
GSK’s
CEO
Emma Walmsley
leads the group at No. 8, while
Pfizer’s
chief commercial officer and president
Angela Hwang
landed at No. 13, and
Johnson &
Johnson’s
EVP and chairman of pharmaceuticals
Jennifer Taubert
is at No. 36.