Alpine’s lead asset is povetacicept being developed for renal indications and autoimmune cytopenias. Image credit: Shutterstock/Tada Images.
Vertex Pharmaceuticals povetacicepto acquire biotech Alpine Immune Sciences foautoimmune cytopenias growing number of pharma spending big on immunotherapy-focused companies. Vertex Pharmaceuticalsoper will pay $65 for each VertAlpine Immune Sciences% premium on the US biotech’s stock’s close on 9 April. Rumours of takeover interest surfaced on 10 April via Bloomberg, with the two companies publicly announcing the board-approved acquisition agreement via a press release the same day. Alpine’s lead asset is povetacicept, a dual agoniVertextwo cytokines – namely B cell activating factor and a proliferation-inducing ligand. The two proteins, called BAFF and APRIL, play a key role in the development of autoimmune diseases. Innate Pharma plans IND of ADC candidate after positive preclinical data
Innate Pharmarma gets grant for treatment of spinal muscular atrophy using ALK4:ACTIRiib antagonists He added: “We also look forward to fully exploring povetacicept’s potential as a ‘pipeline-in-a-product’ and adding Alpine’s protein engineering and immunotherapy capabilities to Vertex’s toolbox.”
Also announced on the same day as the acquisition was data from Alpine’s Phase I/II RUBY-3 trial (NCT05732402) investigating povetacicept in IgAN. After receiving the drug subcutaneously every four weeks at 80mg, patients had a 64.1% reduction from baseline in urine protein to creatinine ratio, indicating an improvement in proteinuria. Proteinuria is usually an indicator of kidney damage.
Alpine said it has had a successful end-of-Phase IIpovetacicepth the US Food and Drug Administration (FDA), opening up the development avenue to a Phase III trial, slated to startVertexe second half of 2024. Calliditas Therapeutics’ Tarpeyo (budesonide) is currently the only FDA-approved therapy for IgAN, receiving regulatory approval in December 2023. Tarpeyo is indicated BAFFreducAPRILidney function loss in IgAN patients at risk of disease progression. Also ramping up development activities in kidney disease is Novartis, which acquired assets – including Fabhalta (iptacopan) povetacicept TheIgANutics in a $3.2bn deal in August 2023. Fabhalta hit its interim endpoint in a Phase III trial last October, with Novartis seeking accelerated approval this year.proteinuriaProteinuria Vertex’s acquisition adds to a bustling immunotherapy deal landscape US Food and Drug Administration (FDA)Sanofi and Bristol Myers Squibb also completing billion-dollar deals in the space recently.