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DATA COMPILATION #PharmaFlow

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Teva may get foreign CEO; FDA warns drug makers to check water systems
This week, Phispers brings you an update on Teva’s continuing woes that include fines, plant closures and layoffs. With Laurus Labs’ Vizag unit clearing the US FDA inspection, we evaluate what Laurus’ expansion plans could mean for Mylan. And then there is some bad news on Pfizer, Amgen and AbbVie. While arthritis patients in Scotland sued Pfizer for its anti-inflammatory painkiller, Amgen suffered a setback over its osteoporosis drug and AbbVie’s Humira lost a patent battle. Read on.  Teva fined in India; may get foreign CEO; to shut down Hungary plant and layoff 500  Teva’s woes are continuing unabated. On Monday, India’s National Green Tribunal (NGT) slapped a fine of US$ 23,139 (INR 1.5 million) on Teva API India Limited for discharging untreated effluents into the Bagad river. The tribunal found the discharge from the sewage treatment plant of Teva API’s Gajraula-based plant in Uttar Pradesh to be below the permissible standards. Last month, the NGT had ordered closure of 13 industrial units in Uttar Pradesh, including the Gajraula plant of Teva API. Globally, the Israel-based generic giant may get a foreigner as its CEO. During a call with analysts recently, Teva’s chairman Sol Barer said: “We are looking around the world for the best candidate.” Teva’s CEO Erez Vigodman had stepped down in February this year. The company’s CFO Eyal Desheh has said he is resigning at the end of June. Teva’s Israeli board members are demanding that an Israeli be appointed CFO if the CEO is a foreigner. And then there is more trouble for Teva in Hungary. Last year, PharmaCompass had reported on Teva’s newly built sterile manufacturing facility in Godollo, Hungary, the issues highlighted by the FDA in its warning letter and the product recalls from this unit. Well, Teva is now winding up its sterile injectables plant in Godollo, and laying off 500 workers in the next few months. The plant had halted production last year after the FDA found manufacturing shortcomings. According to a Reuters report, Teva plans to close down or sell the Godollo plant by 2018-end. The company says its plans do not affect its other two Hungarian plants in Debrecen and Sajobabony. However, Teva isn’t the only one cutting jobs. Novartis announced it will cut 500 traditional production and development roles in Switzerland and another 250 job cuts are planned in the United States. This is part of Novartis’ global restructuring efforts. As G20 meets on antibiotic resistance, DSM wins an amoxicillin patent battle in India  Last week, health ministers of the G20 leading economies met for the first time and agreed to work together to combat issues such as a growing resistance to antibiotics. They also agreed on implementing national action plans by the end of 2018. According to the member countries, infectious diseases were spreading more quickly than before due to increased globalization. The 20 nations pledged to strengthen health systems and improve their ability to react to pandemics and other health risks. The results of the meeting will provide key inputs for a G20 leaders’ summit in Hamburg in July. A report last year found that newly resistant strains of bacteria were responsible for more than 25,000 deaths a year in the 28 member nations in the European Union. Meanwhile, the Delhi High Court granted a permanent injunction against Sinopharm Weiqida Pharmaceutical for patent infringement in India. This was announced by DSM Sinochem Pharmaceuticals (DSP), a leading company in the production and commercialization of sustainable, enzymatic antibiotics, next generation statins and anti-fungals, This patent, which is owned by DSP, relates to amoxicillin trihydrate having a low free water content and processes for the manufacture thereof. The permanent injunction prevents the manufacture, use, importation, offering for sale and sale of Weiqida’s amoxicillin trihydrate API in India, as well as any drug product that utilizes the API. Pfizer sued by 70 arthritis patients; study reveals safety risks after drug approvals  The world’s biggest pharma company Pfizer is being sued by 70 arthritis patients in Scotland, who say they were hit with terrible side effects from Celebrex, an anti-inflammatory painkiller touted as a wonder drug. The patients — both men and women in the age group of 60 to 90 years — are collectively seeking US$ 4.54 million (£3.5 million) in damages from the New York-headquartered pharma giant. They began taking Celebrex in 2002 to combat the effects of arthritis and muscle and joint stiffness. However, they went on to suffer health problems, including heart attacks and strokes. The Scottish patients hold good chances of winning the case. A recent study — titled Postmarket Safety Events Among Novel Therapeutics Approved by the US Food and Drug Administration Between 2001 and 2010 — claims that almost a third of drugs cleared by the American regulator pose safety risks that are identified only after their approval. The study, that appeared in The Jama Network last week, says there is need for ongoing monitoring of new treatments years after they hit the market. Among 222 novel therapeutics approved by the FDA from 2001 through 2010, 71 (or 32 percent) were affected by a post-market safety event. Post-market safety events were more frequent among biologics, therapeutics indicated for the treatment of psychiatric disease, those receiving accelerated approval, and those with near–regulatory deadline approval, the study said. After Roche and AstraZeneca, Amgen suffers a setback on its osteoporosis drug  Earlier this month, both Roche and AstraZeneca had faced setbacks in the late-stage study of their drugs. Roche had reported its Tecentriq drug failed to significantly improve overall survival in a late-stage bladder cancer study. And an experimental biotech drug for severe asthma from AstraZeneca failed to meet its goal of significantly reducing attacks in a late-stage study. As if to continue the trend, last week Amgen’s top-stage drug prospect aimed at treatment of osteoporosis — romosozumab — faced some serious setbacks. What initially seemed like happy news — that the late-stage trial comparing romosozumab to Fosamax hit its primary and key secondary endpoints — turned into some serious questions about the future of romosozamub.  The first big setback was a prominent cardio risk imbalance between romosozumab and Fosamax — 2.5 percent for romosozumab and 1.9 percent for Fosamax. The second big setback came from the FDA, which wants to evaluate the new set of head-to-head data before approving romosozumab. And that means no decision is expected this summer! Humira loses key patent battle as J&J tries to block Samsung’s Remicade biosimilar  AbbVie’s Humira — the world’s best selling drug which is a treatment for rheumatoid arthritis — received a setback when the US Patent and Trademark Office’s Patent Trial and Appeal Board (PTAB) handed down a verdict in favor of Coherus BioSciences, a biopharma company in the US.  The verdict struck down AbbVie’s ‘135 methods patent on Humira after an inter partes review. The patent had been labelled as a shield and “one of the cornerstones of the Humira IP estate,” by Barclays analysts. However, all IPR decisions are subject to appeal. In a statement, AbbVie said it does plan to appeal against the verdict. Meanwhile, a unit of Johnson & Johnson filed a lawsuit to block the sale of a copy of its rheumatoid arthritis drug Remicade made by South Korea's Samsung Bioepis in the US. Remicade is J&J’s biggest selling drug, with US sales of about US$ 5 billion a year. Through the law suit, the J&J company — Janssen Biotech Inc — has sought a preliminary or permanent injunction to block Samsung Bioepis' biosimilar of Remicade, from sale in the US. Frontida BioPharm gets FDA’s ‘all clear’ for Philadelphia plant bought from Sun  In June last year, Frontida BioPharm had bought Sun Pharmaceuticals’ finished pharmaceutical plant in Philadelphia. And barely eight months back, it received an FDA warning letter for this plant, based on an inspection that took place in 2015. The warning letter had mentioned that Sun Pharma’s quality unit at the time had knowingly released 27 lots of various strengths of clonidine HCl tablets, despite evidence that the API used in manufacturing was potentially contaminated. The warning letter had been issued in August 2016, and Frontida knew about the regulatory issues when it acquired the facilities last year from Sun Pharma, India’s largest drugmaker. The good news is that Frontida BioPharm says the US FDA has given the plant an all-clear. Frontida says Sun helped it address these issues. With the regulatory issues behind it, Frontida can now move forward with its expansion plans. “The positive resolution of our regulatory status with the FDA will stimulate Frontida’s expansion and growth, and enable Frontida to better support our partners to bring new products to the market,” Frontida CEO Song Li said in a statement. FDA warns drug makers to check water systems for BCC contamination  The US FDA has warned manufacturers of non-sterile, water-based drug products of Burkholderia cepacia complex (BCC or B cepacia) contamination, as there have been recent product recalls due to this and other water-borne opportunistic pathogens found in pharmaceutical water systems. The regulator’s warning stems from multi-state outbreak of infections. In March this year, Phispers had carried a news item on Badrivishal Chemicals & Pharmaceuticals, a manufacturer of docusate sodium. It had been placed on FDA’s import alert list in December last. The FDA warning letter issued to Badrivishal talks about adulteration with BCC. The facility used water as a drug component and for cleaning the facility and equipment. The water source was a river in the vicinity which passes through farmland, where it is subject to agricultural runoff and animal waste, before it reaches the Badrivishal manufacturing site. FDA’s concern was that contaminated water has been the root cause of multi-state outbreak of infections and multiple recalls by other drug manufacturers of non-sterile liquids, including instances of adulteration with BCC. “BCC can survive or multiply in a variety of non-sterile and water-based products because it is resistant to certain preservatives and antimicrobial agents,” the FDA said. Detecting BCC bacteria is a challenge and requires validated testing methods that take into consideration the unique characteristics of different BCC strains. Laurus Labs to enter the US generics market; how will this impact Mylan?  Last week, Laurus Labs announced that its API facility at Unit 2 in Vizag (India) cleared the US FDA inspection without any Form 483 observations. The unit manufactures APIs and finished dosage formulations (FDFs). This successful inspection will help the company as it plans to foray into the highly regulated US generics market. Does this suggest trouble for US generic drug giant Mylan? We think so. Laurus was started by Dr Satyanarayana Chava in 2007, and is a key manufacturer and supplier of APIs. With almost US $ 300 million in revenues, it holds its own against better-known competitors like Mylan. In fact, Laurus and Mylan have a lot in common. Both the companies are headed by men who worked together at Matrix Laboratories. Mylan acquired a controlling stake in Matrix around the time Chava founded Laurus Labs. Until then, Chava was the chief operating officer of Matrix, which was being headed by Rajiv Malik, the current president of Mylan. Laurus has also carved a niche for itself by supplying antiretroviral or ARVs (used to fight infections caused by retroviruses like HIV), hepatitis C and oncology drugs. And despite being a relatively new player, its clients include giants like Pfizer, Teva and Merck. APIs generally make up for 20 to 35 percent of the total cost of a drug, but the ones that Laurus develops, like ARVs, constitute 70 to 75 percent of the cost of the drug. Both companies have a stronghold in the treatment of AIDS. Globally, Laurus has achieved a leadership in the manufacture of ARV APIs. And in the case of Mylan, nearly 50 percent of patients receiving treatment for HIV/AIDS in the developing world rely on its product, all of which are made in India. In fact, Mylan is India's third largest pharmaceutical exporter. So seems like Mylan should watch out for Laurus as it forward integrates into making finished formulations. Laurus recently filed 2 Abbreviated New Drug Applications in the United States and submitted a dossier to the WHO (World Health Organization).  

Impressions: 4144

https://www.pharmacompass.com/radio-compass-blog/teva-may-get-foreign-ceo-fda-warns-drug-makers-to-check-water-systems

#Phispers by PHARMACOMPASS
25 May 2017

STOCK RECAP #PipelineProspector

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Pipeline Prospector May 2024: J&J inks two deals for eczema drugs; Novo scores trial wins in hemophilia, kidney disease
Pharma indices have rebounded after ending March and April in the red. May saw the Nasdaq Biotechnology Index (NBI) spike 5.6 percent from 4,168.63 to 4,401.1 and the SPDR S&P Biotech ETF (XBI) index rise 5.1 percent from 84.82 to 89.13. The S&P Biotechnology Select Industry Index (SPSIBI) saw a 5.3 percent gain to 6,930.67 from 6,584.4 at the end of April.The month didn’t see very many approvals from the US Food and Drug Administration (FDA). But what May lacked in approvals, it made up in acquisitions, deals, and trial news. Among the noteworthy approvals were Amgen’s (stock up 9 percent) Imdelltra, which won FDA’s accelerated approval to treat adults in the advanced stages of small cell lung cancer (SCLC). The agency okayed Tris Pharma’s Onyda XR, a once-a-day treatment for attention deficit hyperactivity disorder (ADHD) for patients six years and older. This makes it the first liquid non-stimulant ADHD drug approved in the US.Bristol Myers Squibb’s Breyanzi saw two FDA approvals in May. The agency first expanded its use to treat adults with a type of blood cancer known as follicular lymphoma. FDA then okayed it to treat relapsed or refractory mantle cell lymphoma. With five approvals, Breyanzi is the only CAR T cell therapy approved in the US for four distinct subtypes of non-Hodgkin lymphoma, bringing this personalized therapy to the broadest array of patients with B-cell malignancies. And FDA approved Moderna’s (stock up 39 percent) mRESVIA, an mRNA respiratory syncytial virus (RSV) vaccine, to protect adults aged 60 years and older from lower respiratory tract disease caused by RSV infection.Access the Pipeline Prospector Dashboard for May 2024 Newsmakers (Free Excel)J&J pays US$ 2.1 bn for eczema drug assets; Merck to buy EyeBio for up to US$ 3 bnSeeking to address the significant need in atopic dermatitis (eczema), J&J spent US$ 2.1 billion on bispecific antibody candidates. This included acquiring Proteologix for US$ 850 million and rights to Numab Therapeutics' NM26 for US$ 1.25 billion. NM26 is a promising phase 2-ready treatment. Bolstering its ophthalmology portfolio, Merck is acquiring EyeBio for up to US$ 3 billion. The deal includes an upfront payment of US$ 1.3 billion and grants Merck access to EyeBio's lead candidate, Restoret, for diabetic macular edema and neovascular age-related macular degeneration.In a US$ 1.8 billion deal (including US$ 1.15 billion upfront), Biogen acquired Human Immunology Biosciences (HI-Bio) to gain access to felzartamab, a potential cure for various immune-mediated diseases. Expanding its oncology portfolio, Novartis acquired Mariana Oncology for US$ 1 billion upfront and US $750 million in milestone payments. Mariana focuses on developing novel radioligand therapies to treat cancers with high unmet needs. Aiming to become a major player in the pharmaceutical industry, Japanese conglomerate Asahi Kasei offered US$ 1.1 billion to acquire Swedish drugmaker Calliditas Therapeutics.Access the Pipeline Prospector Dashboard for May 2024 Newsmakers (Free Excel) Sanofi bails out Novavax with US$ 1.2 bn deal; Takeda nabs option to license Alzheimer’s therapiesNovavax has received a timely shot in the arm, as Sanofi will pay the former up to US$ 1.2 billion in exchange for a license to commercialize its existing Covid vaccine and develop a combo jab to protect against Covid and influenza. The struggling Maryland biotech’s management, or lack thereof, had come under fire from investors. Sanofi also gets a minority 4.9 percent stake in Novavax. Following this, Novavax raised its 2024 revenue guidance from between US$ 800 million and US$ 1 billion to between US$ 970 million and US$ 1.17 billion. Novavax’s stock rocketed 200 percent in May.Japanese pharmaceutical giant Takeda made two significant moves. After an upfront payment of US$ 100 million, Takeda now has the exclusive option to secure global rights to AC Immune's Alzheimer's vaccine and immunotherapies targeting amyloid beta for another US$ 2.1 billion. Additionally, Takeda partnered with Shanghai-based Degron Therapeutics in a deal valued at up to US$1.2 billion. This collaboration focuses on discovering and developing novel cancer, neurological, and inflammatory drugs using a promising new approach called "molecular glue degraders."Access the Pipeline Prospector Dashboard for May 2024 Newsmakers (Free Excel) Novo scores late-stage wins in hemophilia, kidney disease; Lilly’s weekly insulin proves to be as effective as daily dosesNovo Nordisk’s Mim8 has hit its primary endpoint in a late-stage trial to treat people with hemophilia A. This paves the way for filing for approval later this year and competing with Roche’s blockbuster Hemlibra. Meanwhile, Ozempic lowered the risk of death in type 2 diabetes patients with chronic kidney disease. A late-stage trial with 3,533 people showed weekly semaglutide injections reduced kidney failure and death due to kidney complications by 24 percent.However, Novo did suffer a setback this month. FDA’s advisory panel voted seven to four that the benefits of Novo’s once-weekly insulin, Awiqli, do not outweigh its risks. The Danish drugmaker is in a race with Lilly to bring to market weekly injections with long-acting insulins, which would lower the treatment burden for diabetes patients. An increased risk of low blood sugar was flagged by the advisors in patients with type 1 diabetes. Novo's sales increased 24 percent to DKK 65.3 billion (US$ 9.4 billion) in the first quarter of 2024.Eli Lilly’s once-weekly insulin jab, efsitora, showed blood sugar reduction consistent with the daily insulins widely used today by patients with type 2 diabetes. Efsitora met its primary endpoints in two phase 3 trials. The Indiana drugmaker said it is investing an additional US$ 5.3 billion at its Lebanon (Indiana, US) manufacturing site to boost the supply of Zepbound and Mounjaro.Access the Pipeline Prospector Dashboard for May 2024 Newsmakers (Free Excel) Novartis tees up two rare kidney disease therapy approvals; Bayer’s menopause drug reduces hot flashes Novartis touted two promising late-stage readouts for rare kidney disease treatments as it tees up two potential approvals in the renal therapy space. The Swiss drugmaker’s experimental drug, atrasentan, reduced proteinuria (elevated protein in the urine) by 36.1 percent in IgA nephropathy patients. Fabhalta achieved a 35.1 percent proteinuria reduction in patients with the ultra-rare kidney disease C3 glomerulopathy (C3G). C3G currently has no approved therapies.Bayer said its non-hormonal drug, elinzanetant, significantly reduced debilitating bursts of body heat (hot flashes) associated with menopause. This tees it up to become only the second non-hormonal drug to do so after Astellas’ Veozah.Access the Pipeline Prospector Dashboard for May 2024 Newsmakers (Free Excel) Our viewFor long, mental health researchers have been captivated by psychoactive ingredients found in cannabis and LSD. However, advocates suffered a setback in early June when an FDA advisory panel voted against the first MDMA treatment for post-traumatic stress disorder (PTSD). Still, June kicked off with the American Society of Clinical Oncology (ASCO) annual meeting in Chicago, which saw tons of developments in treating cancers. It is shaping up to be an interesting month with over a dozen Prescription Drug User Fee Act (PDUFA) dates including for two drugs to treat chronic obstructive pulmonary disease (COPD) – Dupixent and ensifentrine.Access the Pipeline Prospector Dashboard for May 2024 Newsmakers (Free Excel)  

Impressions: 2362

https://www.pharmacompass.com/pipeline-prospector-blog/j-j-inks-two-deals-totaling-us-2-1-bn-for-eczema-drugs-novo-scores-late-stage-wins-in-hemophilia-kidney-disease

#PharmaFlow by PHARMACOMPASS
06 Jun 2024

NEWS #PharmaBuzz

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https://www.fiercepharma.com/pharma/tris-pharma-captures-fda-nod-non-stimulant-adhd-treatment

Kevin Dunleavy FIERCE PHARMA
30 May 2024

https://www.businesswire.com/news/home/20240529072742/en

BUSINESSWIRE
29 May 2024

https://www.pharmacompass.com/pdf/news/enforcement-report-week-of-september-28-2022-47836.pdf

FDA
28 Sep 2022

https://www.pharmacompass.com/pdf/news/enforcement-report-week-of-june-29-2022-1656479867.pdf

FDA
29 Jun 2022

https://www.pharmacompass.com/pdf/news/enforcement-report-week-of-november-24-2021-1637728654.pdf

FDA
24 Nov 2021

https://www.globenewswire.com/news-release/2021/06/24/2252534/0/en/Monopar-to-Present-Results-from-Analysis-of-Oropharyngeal-Cancer-Patients-in-Completed-Phase-2-Validive-Trial-at-MASCC-ISOO.html

GLOBENEWSWIRE
24 Jun 2021