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STOCK RECAP #PipelineProspector

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Pipeline Prospector Sept 2024: BMS wins landmark FDA approval for schizophrenia med; Sanofi’s Dupixent okayed for COPD
Pharma indices settled slightly lower in September after four months of solid gains. The three major pharma indices dropped about 2 percent each. The Nasdaq Biotechnology Index (NBI) closed at 4,767.84, down from 4,870.17, the SPDR S&P Biotech ETF (XBI) dropped to 98.8 from 101.1, and the S&P Biotechnology Select Industry Index (SPSIBI) fell to 7,707.36 from 7,897.9. Despite these declines, September was a dynamic month for the pharmaceutical industry, marked by significant regulatory approvals.September saw notable developments in the field of chronic obstructive pulmonary disease (COPD). After over a decade, COPD saw two significant approvals. The US Food and Drug Administration (FDA) expanded the label of Regeneron and Sanofi’s mega-blockbuster drug, Dupixent, to include the treatment of COPD. Already a game-changer in treating conditions like asthma and atopic dermatitis, Dupixent became the first-ever biologic medicine for COPD patients in the US.Additionally, GSK’s asthma drug Nucala scored a vital win in a late-stage study for treating COPD. The British drugmaker reported that the monoclonal antibody significantly and meaningfully reduced the annualized rate of moderate to severe exacerbations of what is the world’s third leading cause of death. These developments come on the heels of FDA’s approval of Verona’s Ohtuvayre in June. Ohtuvayre has a novel mechanism of action for the maintenance treatment of COPD. Access the Pipeline Prospector Dashboard for September 2024 Newsmakers (Free Excel)BMS’ Karuna bet pays off with schizo drug approval; FDA okays Astra’s nasal spray flu shotIn what was one of the most closely watched decisions this year, BMS’ KarXT won a landmark FDA approval for treating schizophrenia. Branded Cobenfy, the drug is the first antipsychotic that targets cholinergic receptors. Ever since the 1950s, when antipsychotics began being used to treat schizophrenia, they have worked by blocking a dopamine receptor. But those have been associated with serious side effects like weight gain, high rates of cardiac disease, early death and patients complaining about feeling sluggish and unmotivated. Cobenfy’s new approach has experts excited, and its peak sales are expected to come in at US$ 7.5 billion a year, validating BMS’ US$ 14 billion acquisition of Karuna Therapeutics. BMS’ stock gained 2 percent.That wasn’t the only landmark move. FDA approved two treatments for Niemann-Pick disease type C (NPC), an ultra-rare and progressive neurodegenerative disorder. Zevra Therapeutics’ Miplyffa became the first-ever treatment approved for NPC, addressing a critical unmet need for patients who, on average, only live about 13 years. Soon after Miplyffa’s approval, IntraBio’s Aqneursa was also granted approval by the FDA. Designed to alleviate neurological symptoms in both adults and children weighing at least 15 kilograms, Aqneursa stands out as the only FDA-approved stand-alone therapy for NPC.Just in time for winter, AstraZeneca’s first self-administered flu vaccine — FluMist — also bagged FDA approval last month. This nasal spray vaccine can be used at home, potentially increasing vaccination rates among needle-averse individuals. Access the Pipeline Prospector Dashboard for September 2024 Newsmakers (Free Excel) Astra’s Tagrisso okayed for inoperable lung cancer; UCB Bimzelx bags 3 new approvalsMonths after AstraZeneca’s Tagrisso posted impressive phase 3 results, the drug received FDA approval for treating inoperable, stage 3 epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC). This makes Astra’s blockbuster the first targeted therapy for the indication.UCB’s Bimzelx secured three new FDA approvals for treating adults with active psoriatic arthritis, non-radiographic axial spondyloarthritis, and ankylosing spondylitis. With a novel approach to treating these chronic inflammatory diseases, the company expects Bimzelx to significantly bolster sales, with peak sales of the med projected at € 4 billion (US$ 4.4 billion) or more.Eli Lilly’s Ebglyss was approved for moderate-to-severe eczema in patients who are unable to control symptoms with topical or other systemic treatments. Notably, Ebglyss offers a more convenient once-monthly dosing compared to twice-monthly for competitors, a feature that analysts note as attractive to both experts and patients. Access the Pipeline Prospector Dashboard for September 2024 Newsmakers (Free Excel)Astra-Daiichi’s ADC suffers double whammy; Intercept’s Ocaliva faces setbackThe month also brought its share of challenges. AstraZeneca (stock down 10 percent) and Daiichi Sankyo’s (stock down 23 percent) investigational antibody-drug conjugate (ADC) datopotamab deruxtecan suffered a double blow in late-stage trials. It first failed to significantly outperform the standard-of-care chemotherapy — docetaxel — in treating NSCLC. And then it failed to show notable improvement in overall survival compared to chemotherapy in breast cancer.Analysts had expected datopotamab deruxtecan to potentially become one of Astra’s best-selling drugs. The British-Swedish drugmaker had paid Daiichi US$ 1 billion upfront and promised an additional US$ 5 billion in milestone payments.Intercept Pharmaceuticals faced a major setback as FDA’s advisory committee voted against the confirmatory data for Ocaliva, which was granted accelerated approval in 2016 for primary biliary cholangitis.Vanda Pharmaceuticals hit back at FDA after the agency issued it a Complete Response Letter, declining to approve its drug — tradipitant — to treat gastroparesis. The company expressed deep frustration, highlighting the urgent need for new treatments. Access the Pipeline Prospector Dashboard for September 2024 Newsmakers (Free Excel)GSK’s asthma drug halves attacks; Abbvie’s Parkinson’s med meets all endpointsAmong late-stage wins, GSK’s new long-acting asthma drug, depemokimab, reduced asthma exacerbations by 54 percent and achieved a 72 percent reduction in exacerbations that required hospitalization or an ER visit. GSK is counting depemokimab among one of its 12 blockbuster launches and expects it to generate £ 3 billion (US$ 3.9 billion) in annual peak-sales.Similarly, Abbvie’s tavapadon, which was the subject of its US$ 8.7 billion buyout of Cerevel Therapeutics, met its primary and secondary endpoints in patients with early Parkinson's disease. Akeso and Summit Therapeutics’ experimental drug ivonescimab beat the world’s best-selling drug Keytruda hands down in a late-stage NSCLC trial. Ivonescimab reduced the risk of disease progression or death by 49 percent compared to Keytruda. Akeso and Summit’s stock jumped 40 percent and 69 percent, respectively.And, Ascendis Pharma announced topline data from a pivotal trial on TransCon CNP, a therapy to treat achondroplasia, a common form of dwarfism. TransCon CNP demonstrated a statistically significant annualized growth velocity of 5.89 cm/year in children treated, compared to 4.41 cm/year in the placebo group. Access the Pipeline Prospector Dashboard for September 2024 Newsmakers (Free Excel) Our viewWhile September didn’t witness a mega-deal, it did see groundbreaking advancements being signed off by the FDA. We have seen enough ups and downs in the pharma indices this year. Let’s hope the final quarter of the year ends on a strong note, both in terms of drug approvals and indices. Access the Pipeline Prospector Dashboard for September 2024 Newsmakers (Free Excel)

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https://www.pharmacompass.com/pipeline-prospector-blog/pipeline-prospector-sept-2024-bms-wins-landmark-fda-approval-for-schizophrenia-med-sanofi-s-dupixent-okayed-for-copd

#PharmaFlow by PHARMACOMPASS
03 Oct 2024

WEEKLY NEWS RECAP #Phispers

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Novo bets up to US$ 4.6 bn on AI drug development, expands deal with Valo Health; WuXi sells Irish vaccine plant to Merck
As the embattled WuXi Biologics faces increasing pressure from the impending US Biosecure Act, it has decided to sell its vaccine manufacturing facility in Dundalk, Ireland, to Merck for € 500 million (US$ 521 million). Wuxi also struck a US$ 925 million deal with Candid Therapeutics for its tri-specific T-cell engager candidate.In deals, Novo Nordisk and Valo Health expanded their existing AI-driven drug development partnership to discover and develop novel treatments for cardiometabolic diseases.In oncology, J&J achieved a notable victory as its lung cancer combination therapy, which was approved last August by the US Food and Drug Administration (FDA), demonstrated superior survival benefits compared to AstraZeneca’s Tagrisso in a head-to-head study.The week saw another disappointment in treating major depressive disorder as Neumora Therapeutics’ novel drug failed to meet its primary endpoint in a pivotal trial. Meanwhile Denali Therapeutics’ ALS candidate fell short in a late-stage trial.On the regulatory front, FDA has mandated that GSK and Pfizer include warnings about the risk of Guillain-Barré syndrome (GBS), a rare neurological disorder, in the prescribing information for their RSV vaccines — Arexvy and Abrysvo.WuXi Biologics sells Irish vaccine facility to Merck for US$ 521 mnWuXi Biologics has agreed to sell its vaccine manufacturing facility in Dundalk, Ireland, to Merck (known as MSD outside US) for € 500 million (US$ 521 million). This transaction marks a strategic divestiture for WuXi Biologics, which has been facing increasing global pressure, particularly from the US Biosecure Act that targets Chinese biotech firms on national security grounds.The US House of Representatives had passed the Biosecure Act in September, aiming to prohibit federal contracts with certain firms and their business partners. It had specifically mentioned WuXi. The Act still needs approval of the Senate, and the president’s approval to become law. Meanwhile, WuXi AppTec reached an agreement with US-based private equity firm Altaris last month to sell its US and UK-based cell and gene therapy operations.Candid gains rights to WuXi’s T-cell engager in US$ 925 mn deal: Candid Therapeutics has entered into an agreement with WuXi Biologics to acquire exclusive global rights to a trispecific T-cell engager. This preclinical candidate, developed using WuXi's WuXiBody platform, aims to advance treatments for autoimmune and inflammatory diseases. The deal, valued at up to US$ 925 million, includes an upfront payment, development, and sales milestones.J&J’s lung cancer combo keeps patients alive a year longer than Astra’s Tagrisso in head-to-head studyJohnson & Johnson said its lung cancer drug combination, Rybrevant (amivantamab-vmjw) and Lazcluze (lazertinib), keeps patients alive for at least a year longer than those treated with the current standard of care – AstraZeneca’s Tagrisso (osimertinib). J&J executives hailed the result as a game-changer. J&J is aiming to supplant Astra’s blockbuster Tagrisso, a once-daily pill that has revolutionized the treatment of non-small cell lung cancer (NSCLC) with EGFR mutations, extending median survival to about three years. These genetic mutations cause cancer cells to proliferate and are responsible for 10 to 15 percent of lung cancer cases in the US, according to the American Lung Association.Novo, Valo Health expand AI-driven drug development partnership in US$ 4.6 bn dealNovo Nordisk and Valo Health have announced an expansion of their collaboration to discover and develop novel treatments for cardiometabolic diseases, including obesity, type 2 diabetes, and cardiovascular disease. The collaboration aims to harness the power of artificial intelligence and extensive human datasets, and builds on their initial 2023 partnership. It will enable the development of up to 20 drug programs. Valo will receive up to US$ 190 million in near-term payments, with the potential for milestone payments totaling approximately US$ 4.6 billion, plus R&D funding and potential royalty payments.Neumora’s novel depression drug flops in pivotal late-stage trial, adding to MDD setbacksNeumora Therapeutics suffered a setback with its experimental depression drug, navacaprant. In the first of three pivotal phase 3 trials, the drug failed to reduce symptoms such as sadness and pessimistic thoughts, raising concerns over its future development. The study in adults with major depressive disorder (MDD) showed that navacaprant did not significantly outperform a placebo in alleviating depressive symptoms. Neumora called the outcome “disappointing” as it had previously seen promising results in smaller studies.Last month, Relmada scrapped two late-stage trials of its MDD drug after an independent data monitoring committee called the effort “futile”. In 2023, Biogen and Sage’s Zurzuvae (zuranolone) gained FDA approval for postpartum depression but was rejected for MDD.Another Denali ALS candidate fails in late-stage: Denali Therapeutics’ experimental drug, DNL343, to treat the fatal neurodegenerative disease amyotrophic lateral sclerosis (ALS) has failed to meet the primary and key secondary endpoints of a mid-to-late stage trial. The trial’s primary endpoint was to measure changes in disease severity and survival over 24 weeks, but the drug did not show significant improvements. Key secondary endpoints included meaningful improvements in muscle strength and respiratory function. Last year, Denali’s other ALS candidate had failed.GSK, Pfizer’s RSV jabs must warn about risk of rare paralysis disorder, says FDAFDA has mandated that GSK and Pfizer include warnings about the risk of Guillain-Barré syndrome (GBS), a rare neurological disorder, in the prescribing information for their respiratory syncytial virus (RSV) vaccines, Arexvy and Abrysvo. GBS, where the body’s immune system attacks its own nerves, can cause muscle weakness and potentially lead to paralysis. FDA’s analysis found an estimated nine excess cases of GBS per million doses of Abrysvo and seven excess cases per million doses of Arexvy in individuals aged 65 and older. While the data suggests an increased risk, there isn't enough evidence to definitively tie the vaccines as the cause of the condition. The risks flagged in the prescribing information were not the regulator’s strictest “boxed” warnings.Galapagos to split into two, spinning off innovative medicines businessGalapagos is splitting into two distinct publicly traded entities. The first entity, which will retain the Galapagos name, will focus on advancing its cell therapy programs in oncology, addressing critical unmet medical needs. The second entity will concentrate on developing a pipeline of innovative medicines through strategic transactions. The new entity will be capitalized with approximately € 2.45 billion (US$ 2.53 billion) from Galapagos’ current cash reserves. As part of this reorganization, Galapagos and Gilead Sciences have amended their 10-year agreement.

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https://www.pharmacompass.com/radio-compass-phisper/novo-bets-up-to-us-4-6-bn-on-ai-drug-development-expands-deal-with-valo-health-wuxi-sells-irish-vaccine-plant-to-merck

#Phispers by PHARMACOMPASS
09 Jan 2025

NEWS #PharmaBuzz

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https://firstwordpharma.com/story/7494879

FIRSTWORD PHARMA
30 May 2026

https://www.pharmiweb.com/press-release/2026-01-14/hutchmed-highlights-publication-of-phase-iii-sachi-results-in-the-lancet

PHARMIWEB
14 Jan 2026

https://www.globenewswire.com/news-release/2025/12/17/3206848/0/en/Nuvectis-Pharma-Announces-the-Initiation-of-the-Phase-1b-Study-of-NXP900-in-Combination-with-Osimertinib-in-Patients-with-NSCLC.html

GLOBENEWSWIRE
17 Dec 2025

https://www.prnewswire.com/news-releases/actinium-announces-superior-anti-tumor-activity-of-atnm-400-in-lung-cancer-compared-to-the-leading-first-second-and-third-line-approved-egfr-mutant-therapies-and-mechanistic-synergy-with-osimertinib-at-the-aacr-nci-eortc-internat-302595195.html

PR NEWSWIRE
27 Oct 2025

https://www.businesswire.com/news/home/20250907733232/en/TAGRISSO-osimertinib-plus-chemotherapy-demonstrated-a-median-overall-survival-of-nearly-four-years-the-longest-benefit-ever-reported-in-a-global-Phase-III-trial-in-EGFR-mutated-advanced-lung-cancer

BUSINESSWIRE
07 Sep 2025

https://www.globenewswire.com/news-release/2025/08/20/3136084/0/en/HUTCHMED-Completes-Patient-Enrollment-of-SANOVO-Phase-III-Trial-of-ORPATHYS-and-TAGRISSO-Combination-as-a-First-Line-Therapy-for-Certain-Lung-Cancer-Patients-in-China.html

GLOBENEWSWIRE
19 Aug 2025