Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The other panel members said prophylaxis would be the way to go. That means they were on board that you couldn't run another trial in acute.
The panel was there to discuss and to cast a vote on whether Orbec showed substantial efficacy, as defined by Pazdur and the FDA. They overwhelmingly voted no. If it isn't the standard of care, and it hasn't objectively proved efficacy, there isn't an ethical concern running another trial. McDonald says his IRB wouldn't approve a trial vs. placebo, but i'm not sure how heavily to weigh that point. There isn't an approved drug to use outside the scope of a trial, so where's the ethical concern? (we can discuss in a different thread the slurry docs are supposedly making to imitate Orbec in another post, but that was a strange issue that wasn't thoroughly discussed).
lacebo.
The panel was not there to tell the company how to proceed with drug development. That's between the agency and the FDA, and it's not what the panel came prepared to discuss. My impression was there was little if any substantive discussion on that point from the panel. There was some discussion between Pazdur and McDonald when he claimed another trial was impossible, to which Pazdur said he was open to negotiation, but that clearly wasn't the issue anybody from the panel or the FDA wanted to discuss at that meeting.
As far as his comment about thinking differently about the drug as a result of the discussion, I put that in context. He was responding to a somewhat pointed question from Maha H. about why he bothers to assemble a panel when it's clear to her that a miss on the primary endpoint is a fatal flaw from the FDA's standpoint. His response was justification for calling a panel by saying it helped with his understanding of the drug. What else could he have said? We called you so we can pin this on the panel so the FDA doesn't look like the bad guy and take all the heat for failing to approve the drug?
What is the risk for the FDA to approve the drug?
The risk isn't patient risk, but as outlined by Perry, if you lower the bar for orbec in terms of approval with a questionable efficacy profile, then you lower the bar for everybody. Once you do that, you'll never get the hard scientific data you need about efficacy of drugs. Everything I've seen out of the agency recently and the FDA's posture in that AC meeting leads me to believe it's an approvable. But who knows. Both DNDN decisions (AC and FDA) surprised me.
"The ODAC panel agreed that it would be unethical to run another trial in acute GVHD"
I didn't get that from listening to the panel discussion. The PI from the trial and the inventor or Orbec made that assertion, but I don't think anybody on the panel either agreed or disagreed with him directly.
In the panel's mind, there was doubt as to the efficacy of Orbec, which uncertainty would allow the trial to be ethically run. The presenter said he thought the published data were sufficiently strong that he didn't think his IRB would allow a randomized trial.
I suspect the FDA will ask for another randomized trial in acute GVHD. If the company refuses to run one, they may just run the prevention trial they have planed, and seek that as an indication. We'll soon know.
In the interim results, proellex was superior to lucrin in pain severity score, a finding that was not reported in the full results. Not a big deal, but worth noting.
From December:
"On days when pain was reported, the 50 mg dose of Proellex also exhibited a statistically significant improvement in pain severity over Lucrin (p=0.02) as well as over the 25 mg and 12.5 mg doses of Proellex."
From the full results:
The intensity of pain was assessed by the question "On a scale of 1-10, with 0 being no pain and 10 being extreme pain, how intense was your pain on a bad day?" The mean scores for intensity of pain at baseline were 6.3 for the Proellex groups and 6.1 for the Lucrin group. Statistically significant relief from pain was evident by the first month in the 25mg and 50mg Proellex groups. At month three all four active treatment groups had statistically significant reduction in pain compared with baseline, with the following scores: 3.7 (p = 0.03) for 12.5mg, 3.2 (p = 0.03) for 25mg, 1.6 (p = 0.016) for 50mg Proellex and 1.5 (p = 0.016) for Lucrin. These dose related reductions continued until month six when the values for pain intensity were 2.0 (p = 0.008), 2.8 (p = 0.023), 0.6 (p = 0.004) and 0.7 (p = 0.016), respectively.
Uterine Fibroids on CNN.com health page
"Your guide to fibroid fixes"
http://www.cnn.com/2007/HEALTH/06/06/healthmag.fibroids/index.html
It's a brief listing of treatment options. There's nothing about pharmacological treatments, or RPRX, but it may help to raise awareness and interest in treatments other than hysterectomy.
"You didn't mention the statement where he said that "we would entertain a treatment IND."
I didn't recall this exact statement being made so I wanted to go back and listen for it again this weekend but didn't have a chance. But I'll make the point that "entertain a treatment IND" makes no sense to me.
An IND is what you get before you start PI studies. They already would have received a treatment IND a decade ago.
I know they have announced plans for a prevention trial, so a prophylaxis IND maybe? Still not sure what baring that would have on the present discussion.
Also of note, Maha Hussain asked an interesting question/comment. After they put up the "substantial evidence" definition and voted, she said something to the effect of: It is clear that missing the primary endpoint is a fatal flaw, so why does the Agency keep calling us together for Advisory Committee meetings to discus these NDA's that fail their primary endponts?
That's when Pazdur blabbed on a bit that the discussion would shape the way they thought about the drug in doing the final review, regardless of the vote. Because this response was in part to justify bringing all these people together, I take it as less bullish on the possibility of Orbec than I might otherwise.
Just listened to the meeting. a few observations:
Pazdur's comments weren't all that positive by my interpretation, but did offer a sliver of hope, maybe because he was afraid of the crazy guy wanting to kill him that erupted at the meeting. That was bizarre.
his FDA crew hammered the drug, and in my opinion their (FDA) presentation and responses to questions weren't very well balanced from a scientific standpoint. I expected more objectivity, although this is the first such panel i've listened to. I think that tells you what pazdur thinks of the drug.
I didn't think DORB did a very good job of responding to the questions about why the drug seemed to only work (in the PIII) in the non-myelos, despite several questions on this point to try and get an answer. It may not have mattered, but this was a serious weakness in their presentation.
Finally, the definition of "substantial" evidence the panel put up and asked the respondents to vote on was so narrow and specifically defined, i don't see how even two people voted "yes". While I think orbec works, i couldn't have voted "yes" by that definition. an objective response to that question would have to be no.
pazdur did say the discussion was useful and they'd take all the comments under consideration and it helped shape their thinking about the drug "regardless of the vote", and this was after the vote. I don't know his style well enough to provide interpretation to this comment.
"How do we know whether what Danny posted is true or not?"
Seriously, how could you NOT know it's bogus? If you knew a single thing about designing/running/analyzing trials, the FDA, IRBs etc., you could call BS on that from any place on this entire planet. It's not even worth discussing.
re: Myeloabletives
In the PIII, HR for one year survival in Myelos was .95, with a p-value of .83. In that trial, orbec had no effect in this group for that endpoint.
As I recall from a conference call on the subject, they did not expect the survival benefit to be so strong, and therefore did not expect it to be stat sig in this small of a trial. Therefore, they made 50-day failure the primary endpoint, and survival a secondary endpoint. I don't think survival was an ad-hoc analysis, but it wasn't the primary endpoint.
Re: Dosing schedule.
I'm not sure it will be a fixed 4:2. From one conference call, JP said this:
"The way you manage [breakthrough spotting and bleeding], and we think that was the issue with asoprisnol, is that you treat the woman for 4 months with very rapid improvement of symptoms, the women are allowed to menstruate, and then they can go right back on drug."
Unless there is a different update, it sounds like it's on for 4, off till you menstruate, then back on the drug.
May 9th is the date for the FDA advisory committee review. The PDUFA date in in July. The FDA usually follows the recommendation of the Ad Com, but is not obligated to.
Re: Vitamin D/Calcium Brain Lesions
Dew-
I don't have a comment on the proposed MOA at this point, but I will point out that this was "presented" as a poster at Experimental Biology, not as a formal oral presentation, despite two sessions devoted in part to calcium and vitamin D (along with Vit K and bone mineral density). I didn't see the poster, so I can't comment on it.
FWIW
Re: Cipan
Cipan looks like they are a manufacturing/distribution group. From my cursory review of their website, it doesn't look like they have a sales force selling any drugs other than on the wholesale level. They don't seem to have much of a presence at all in the US (one facility maybe?).
I could maybe see a deal for European rights, but an overall buyout doesn't seem like it fits with what i learned from 5 minutes on their website. Maybe they're looking to change the business model. Who knows.
re:AVNR
It may be tradeable, I can't make a call on that.
It's not the dose of the drug per se, but the formulation (namely a formulation that includes 30mg of Quinidine) that is not approvable because of agency concerns on prolonged QT intervals.
The drug is a combo of dextromethorphan (DM) and quinidine (Q), where Q acts to slow metabolism of DM so it can stay in its therapeutic state long enough to act. The amount of Q they are using is not approvable for either Pain or PBA according to the FDA/CEO.
They have to run confirmatory trials in PBA (IEED) with a new formulation (forgot the exact dose of Q they will use, could be 10mg). They'd have to run additional PIII trial for NP anyway since this is only the first one. But who knows what will happen to the efficacy when they reduce the dose of Q, and who knows whether the QTc intervals will come down enough for the agency to be happy. They say their modeling suggests that it will, but who knows.
They don't have anywhere near the money to run either trial (IEED or NP), and financing wouldn't be pretty. The trading play here would be for a partner or a buyout, because they won't be in a position to back to the FDA with anything for 2 more years.
30mg Q will not be a go, that much has been made clear. They haven't run any tests on other formulations with lower doses of Q for any indication in development.
The only thing this does is increase the possibility of a buyout or a partner who might be interested in neuropathic pain. They'll have to get significant financing to run additional trials.
Re:AVNR
There are CV issues with 30mg of Q, and once the FDA made this known in reference to the NDA for PBA they truncated enrollment but said it was "because the neuropathic pain study was overpowered and they wanted to save money".
According the the ex-CEO, the formulation reported in this trial is not approvable. They'll have to run future studies with a lower dose of Q in the mix. Who knows if the FDA will accept this as a pivotal trial.
Re: Allografting and unrelated donors
The same group as the NEJM article also published in this months European Journal of Haematology (Volume 78 Issue 4 Page 330 - April 2007) "Unrelated donor haematopoietic cell transplantation after non-myeloablative conditioning for patients with high-risk multiple myeloma."
The take home message is the same, that standard of care, at least for myeloma, is drifting toward allografting, perhaps even when there is not a related donor. Note the 50% GVHD in this group. Having Orbec available would make the more successful allografting potentially available to many more patients.
Here's the abstract.
Background: Allografting induces long-term molecular remissions and possibly cure in myeloma patients. The development of non-myeloablative conditionings has reduced the transplant-related mortality (TRM) associated with myeloablation and extended the eligible age for transplantation. Moreover, high response rates are reported especially when allografting is preceded by cytoreductive high-dose chemotherapy. We investigated the feasibility of unrelated donor non-myeloablative transplantation as either part of the initial treatment plan or as salvage treatment in heavily pretreated patients.
Methods: Twenty-two patients underwent non-myeloablative allografting, 10 as part of their initial treatment and 12 at relapse. Donors were matched for HLA-A, B, C, DRB1 and DQB1 by high-resolution typing. Only one single class I allele disparity was allowed. Conditioning consisted of fludarabine 90 mg/m2 and 2 Gy total body irradiation. Graft-vs.-host disease (GVHD) prophylaxis included cyclosporin and mycophenolate mofetil.
Results: All patients except two (91%) readily engrafted. After a median follow-up of 20 (10–30) months, incidences of grade II-IV acute and extensive chronic GVHD were 50% and 61%. Overall response (OR) was 55%, with four (20%) complete and seven (35%) partial remissions. However, in patients allografted up-front OR was 89% whereas in the heavily pretreated group OR was 27% (P = 0.01). Two-year overall and event-free survivals were both 79% in the group transplanted up-front and 27% and 25% among relapsed patients (P = 0.025 and P = 0.006, respectively). Overall, six patients died of TRM and three of disease progression.
Conclusions: Unrelated donor non-myeloablative allografting is feasible in myeloma. Disease control appears more pronounced when patients are treated soon after diagnosis.
March 15 NEJM
2007 Mar 15;356(11):1110-20.
Not directly DORB related, but an interesting article on comparing allografting with autografting in multiple myeloma. Basically, if you had an HLA-match sibling you were given an autograft followed by an allograft, otherwise you were given two autografts. The premise is that allograft treatments yield better responses because of graft-versus-myeloma effects of the graft, namely an immune attack of donor cells against myeloma cells. The downside is higher risk of treatment related mortality (eg. GVHD), which is significantly enhanced when there is not a HLA-matched sibling, so these patients had to go with the double autograft.
From the results section:
Among patients who completed their assigned treatment protocols, treatment-related mortality did not differ significantly between the double-autologous-transplant group (46 patients) and the autograft–allograft group (58 patients, P=0.09), [one-third of the deaths in the allograft group vs. 0 in the autograft group came from GVHD] but disease-related mortality was significantly higher in the double-autologous-transplant group (43% vs. 7%, P<0.001). [this shows the aforementioned benefit of the allograft on the myeloma]
The cumulative incidence rates of grades II, III, and IV graft-versus-host disease (GVHD) combined and of grade IV GVHD in the autograft–allograft group were 43% and 4%, respectively. Overall, 21 of 58 patients (36%) were in complete remission after a median follow-up of 38 months (range, 10 to 72) after allografting. Of the 46 patients who received two autografts, 25 (54%) died.
The point is, if you can use an allograft instead of an autograft, you have better chance against the myeloma. Orbec should allow more patients to undergo the allografting if they don't have an HLA-identical sibling. In this study, only 75 of the 245 patients enrolled had an HLA-identical sibling eligible to donate.
Re: RPRX Proellex management.
As Thomas thought, on the call around the 18 min mark, the JP said
The way you manage [breakthrough spotting and bleeding], and we think that was the issue with asoprisnol, is that you treat the woman for 4 months with very rapid improvement of symptoms, the women are allowed to menstruate, and then they can go right back on drug.
RE: CTIC Buyout
This is good news. I never liked the CTIC buyout for a number of reasons, starting with the fact that I wouldn't want to be under the CTIC umbrella. They don't seem to be well run.
The offer was a little hard to value because of options and warrants, but didn't seem to add much if any of a premium at this point (although I note the offer was made when DORB the stock was trading substantially lower and CTIC was higher).
Finally, who wants a deal in the form of CTIC shares, when they are doing a 1:4 reverse split in 3 days? Let them pay in cash after they raise the money themselves (like they did yesterday with 50% warrant coverage with both the pricing and strike at the closing price two days ago, the day before they announced fast track for some drug in the pipe).
The wait until after May 9th suggests they value their chances more highly than whomever is bidding on them does.
Study Aims to Clarify Efficacy, Safety of Eye Drug Treatments
Dew et al have done a good job of following this from what I remember…and I’m not sure if there’s anything new here, other than it’s in today’s JAMA.
Mike Mitka
JAMA. 2007;297:1538-1539.
The press release seems simple enough: "The National Eye Institute of the National Institutes of Health will fund a new multicenter clinical trial to compare 2 drugs currently used to treat advanced age-related macular degeneration (AMD)." But its ramifications are enormous.
The drugs in question are ranibizumab (Lucentis) and bevacizumab (Avastin), both manufactured by Genentech Inc of South San Francisco. Currently, only ranibizumab is approved by the US Food and Drug Administration (FDA) for treating neovascular AMD. And it works well, with more than 90% of patients reporting a halt in vision loss and about 30% reporting improved sight.
But a single dose of ranibizumab costs almost $2000 (or $48 000 for a typical 2-year course of monthly treatments). Although Medicare pays for ranibizumab, it covers only 80% of the cost, meaning that patients who do not have coinsurance pay $9600 out of pocket for a 2-year course. (Genentech does provide financial assistance and a free drug program for those who qualify who cannot pay for treatment.) As an alternative, a significant number of physicians are using bevacizumab off-label for AMD treatment. It costs about $40 a dose.
Payers such as Medicare and patients who lack insurance or have copays will obviously experience huge cost savings if bevacizumab is found to be as effective as ranibizumab. Such a finding would also provide another treatment option for AMD in developing countries, where ranibizumab is generally not affordable. On the flip side, Genentech stands to lose billions of anticipated dollars if ranibizumab is abandoned for AMD treatment.
But beyond Genentech, the biotech and drug manufacturing industries are concerned about the precedent created by this trial and could use their political clout in an attempt to derail the study, said William Rich III, MD, medical director of health policy for the American Academy of Ophthalmology in Washington, DC.
"Obviously, biotech hates head-to-head trials based on efficacy and affecting payment," Rich said. "I’m anticipating delays for this trial." Indeed, while the $16.2 million trial was announced last year, and published reports had the study beginning in May or June, now researchers involved only say the trial will begin "sometime this summer."
In explaining why it is not conducting or participating in this trial, a Genentech spokeswoman said the company believes it has invented a highly successful treatment in ranibizumab, and it would rather devote its resources to explore ways of expanding the drug's use for other eye-related issues such as diabetic retinopathy.
Age-related macular degeneration is the leading cause of blindness in the developed world among people aged 50 years or older. In the United States, the prevalence of people with visual loss from AMD is 1.2 million with about 200 000 new cases being reported annually. About 7.3 million people in the United States are at risk of developing the condition.
The neovascular form of AMD is characterized by abnormal growth of new blood vessels involving the macula. Scientists believe that vascular endothelial growth factor (VEGF) promotes this neovascularization. Ranibizumab and bevacizumab are monoclonal antibodies that neutralize VEGF. Researchers originally considered using bevacizumab as a treatment for AMD, but it was thought that the molecule created was too big to penetrate the retina. Bevacizumab went on to become, in 2004, the first angiogenesis inhibitor approved by the FDA for treatment of colorectal cancer. In the meantime, researchers created ranibizumab by reengineering bevacizumab, resulting in a smaller molecule capable of passing through the retina.
But before ranibizumab received FDA approval last year, physicians, facing patients desperate to avoid blindness, turned to bevacizumab, which they found improved vision while being well tolerated. Soon pharmacists were subdividing quantities of bevacizumab intended for colorectal cancer treatment into smaller doses for AMD. Today, anecdotal evidence suggests about half of all patients being treated for AMD receive bevacizumab.
With so many patients receiving a drug off-label with anecdotally reported success, it is important to determine whether bevacizumab truly is safe and effective for AMD treatment, said Daniel Martin, MD, who will lead the National Eye Institute study.
"Much of the public discussion has centered on the cost differences between Avastin and Lucentis, but the cost considerations have never been a major driver of why we're doing this study," said Martin, who is also a professor of ophthalmology at Emory University in Atlanta. "We did this because there are tens of thousands of eyes being treated with Avastin without any clinical trial data showing efficacy and safety."
The trial will evaluate 1200 patients with new-onset untreated neovascular AMD, enrolled at 45 centers throughout the country. The patients will be randomly assigned to four treatment groups: ranibizumab once a month, bevacizumab once a month, ranibizumab as needed, and bevacizumab as needed. The "as-needed" is for patients given the drug who then are not treated again until they show signs of relapsing.
"For practicing physicians, the dosing frequency question is very important," Martin said. "Our anecdotal experience with ‘as needed’ dosing suggests that an excellent visual result can be achieved in the short term with fewer injections. However, we do not know if we are compromising the patient's long term visual outcome with this treatment strategy. Our study design should allow us to answer this question."
Nature Biotechnology
Published online: 3 April 2007; | doi:10.1038/nbt0407-365
Pharma consolidates its grip on post-antibody landscape
The next wave of protein therapeutics, based on non-traditional scaffolds, may offer advantages in the range of conditions they can treat, delivery, and manufacturing. But they are just beginning to prove themselves in the clinic.
Cormac Sheridan
The contours of the post-antibody landscape are starting to emerge, as evidenced by a recent spate of deals involving large pharmaceutical firms and biotech companies developing the next wave of protein therapeutics based on nontraditional scaffolds. Although mostly preclinical or in the early stages of testing in humans, these next-generation compounds hold out the promise of being able to reach targets that are inaccessible using current antibody technologies. They also offer additional technical advantages in terms of both delivery routes and ease of manufacturing, as well as additional commercial advantages because of their freedom from third-party patent claims. That said, their developers will have to check off several technical and regulatory boxes before these technologies can realize their clinical and commercial potential.
Monoclonal antibodies (mAbs) and fragments thereof, mostly but not exclusively based on the IgG1 immunoglobulin structure, have been center stage in the biotech industry for more than a decade. The 21 such drugs that have so far gained US Food and Drug Administration approval are approaching annual sales of around $20 billion. Meanwhile, R&D in the field has shifted from murine to chimeric entities, to humanized, and to fully human antibodies. Antibody fragments, which are smaller and less complex than full-sized mAbs, are now an increasingly visible feature of late-stage drug development pipelines.S. San Francisco, California–based Genentech's successful introduction last year of the wet age-related macular degeneration treatment Lucentis (ranibizumab), a miniaturized version of the previously approved cancer drug Avastin (bevacizumab), exemplifies their promise. The product generated $380 million in sales in its first six months on the market.
Even pharma companies that have already acquired or licensed classic antibody platforms, or those that did not choose to participate in the first wave of antibody drug development, are now willing to look further back up the pipeline at these more exotic but less tested technologies. Last December, London-based GlaxoSmithKline paid $454 million cash for Cambridge, UK–based Domantis, a firm established in 2000 as Diversys by Ian Tomlinson and Greg Winter to commercialize their invention of domain antibodies, the smallest functional binding units of human antibodies (Nat. Biotechnol. 25, 153, 2007). Last October, Amgen, of Thousand Oaks, California, paid $290 million—and it could pay a further $90 million in milestones—to acquire Avidia, in Mountain View, California, which was established in 2003 by serial entrepreneur Pim Stemmer as a spinout from Redwood City, California's Maxygen. While at Maxygen, Stemmer invented avimers, a novel class of binding proteins based on A-domains, which are binding units comprising 35 or so amino acid residues that occur as repeating units in several cell surface receptors (Nat. Biotechnol. 23, 1556–1561, 2005). The first of these, an anti-inflammatory interleukin-6 inhibitor called C326, has already entered a phase 1 trial. New York-based Pfizer has also decided to acquire BioRexis Pharmaceuticals, of King of Prussia, Pennsylvania, for an undisclosed sum.
On the partnering front, Waltham, Massachusetts–based Adnexus Therapeutics recently inked a deal in oncology, potentially worth over $1.2 billion, with New York-based Bristol-Myers Squibb for the development of up to six of the former firm's adnectins, which are derived from the tenth domain of the human structural protein fibronectin. In January 2007 and November 2006, Ablynx signed target deals worth up to $265 million and $212.5 million, respectively, with Ingelheim, Germany-based Boehringer Ingelheim, and Madison, New Jersey–based Wyeth. The Ghent, Belgium–based firm is developing a new class of antibodies based on variable heavy chain antibody fragments derived from llamas. Last year, Wyeth and Seattle-based Trubion Pharmaceuticals signed a potential $800-million deal involving the latter's rheumatoid arthritis drug TRU-015, which has just completed dosing in a phase 2b clinical trial. The data, which will become available later this year, could provide an important fillip to other players that are at an earlier stage of development.
Venture investors are also noting these developments with interest. After Copenhagen-based Genmab, best known as a developer of monoclonal antibodies, lifted the lid on its UniBody technology at a company R&D day in London last October, CSO Jan van de Winkel found 12 different venture capitalists on his voice mail when he returned from the event to his base in Utrecht, in The Netherlands. "They wanted me to spin this out straight away," he says. A UniBody comprises a modified IgG4 immunoglobulin that lacks a hinge region and corresponds to half a wild-type antibody, as if the 'Y' shape traditionally used to depict an antibody had been bifurcated. The result is a stable, immunologically inert format that recognizes a single binding site.
The source material and the specific structural details of these new protein recognition molecules all differ (Table 1). However, they share (or aspire to) several key characteristics: high diversity; low molecular weight; high target selectivity and affinity; lack of immune effector functions, such as complement activation; and ease of expression in prokaryotic systems.
In a recent review of the field, Andreas Plückthun, of the University of Zurich, and coauthors identified over 40 nonantibody scaffolds in development in total, including molecules with potential applications as diagnostics or reagents (Nat. Biotechnol. 23, 1257–1268, 2005). Some companies, he suggests, are simply trying to avoid intellectual property issues associated with mAbs. But they'll need to show more. "I think that's too thin a proposition. I think you also have to have advantages in the molecule," he says.
Plückthun, a cofounder of the antibody development company MorphoSys of Martinsreid, Germany, has set up a new firm in Zurich, Molecular Partners, to take forward a series of scaffolds, and the company has signed research deals with Basel–based Roche and with Schering (now part of Berlin–based Bayer Schering Pharma). Its most advanced platform is based on designed ankryin repeat proteins (DARPins), which are derived from ankyrin repeat proteins, a family of membrane-associated proteins involved in attachment to the cytoskeleton. "This has really been an exercise in design from first principles," he says. DARPins offer many of the advantages Plückthun says these next-generation technologies will need to succeed. They are highly stable small molecules (with a molecular weight of 15–20 kDa) with picomolar binding affinities that have been produced in Escherichia coli expression systems with yields of over 10 grams per liter. "In molar terms this would be the equivalent of 30 grams per liter of an antibody fragment, which is just not achievable," says Plückthun.
"I think the table stakes in this area is creating high-affinity binders," adds Adnexus CEO John Mendlein. After that, "The technology battle is much more related to the mundane aspects of drug discovery," he explains, addressing issues such as solubility, aggregation, manufacturing yield, pharmacokinetics and immunogenicity—and ensuring that they apply across the entire class. "That's how you get a drug," he says.
On paper—and in in vitro experiments—many of these proteins appear to offer a superior proposition to antibodies, in certain settings at least. However, different molecules have different shortcomings that need to be overcome. Domain antibodies, for example, have stability issues, claims Genmab's van de Winkel. "All of them require modification to get molecules with a longer half-life," he says. Pegylation, for example, which is commonly used to increase stability, can cause additional immunogenicity, he says, and it also exposes developers to third-party royalties.
All of the protein classes in development will need to demonstrate stability and lack of immunogenicity in people, says Adnexus's Mendlein. Because its nanobodies are of nonhuman origin, Ablynx will be particularly focused on immunogenicity data from its first human trial, which was about to commence as Nature Biotechnology went to press. However, Ablynx's CEO Edwin Moses says that preclinical studies indicate that it should not be a problem.
So far, there's been minimal evidence of specialization among the competing nonantibody scaffolds. Most firms are focused on applications in cancer and immunology, and in some cases imaging applications in cancer. For many, the low-hanging fruit is represented by validated targets that are already the focus of existing mAbs therapies. "We can go into markets where there's antibody IP [intellectual property], and we can avoid it," Mendlein explains.
Business strategies will probably dictate the evolution of the field, rather than the specific attributes of the various protein classes under development, observes Plückthun, adding that any potential for specialization is not apparent from their formats. However, he says, the DARPins may have particular potential as targeted carriers of other therapeutic molecules. "It's there, in my opinion, where they will make the greatest impact because there is not stable technology [in the field of immuno conjugates] yet."
There appears to be agreement that no one company will dominate the post-antibody space. Right now, a negative result—in the form of a third-party clinical trial failure—is the biggest threat to the companies involved. "This would backfire on the whole field," cautions Patrick Amstutz, chief business officer at Molecular Partners.
Table 1 Selected companies developing protein therapeutics based on novel scaffolds
Company Molecule Scaffold, clinical status
Ablynx Nanobodies Llama heavy chain antibodies, phase 1
Adnexus Therapeutics Adnectins Fibronectin domains, phase 1
Affibody (Stockholm) Affibodies Protein binding domain of Staphylococcus aureus protein A, preclinical
Aptanomics (Lyon, France) Peptide aptamers Synthetic peptides, preclinical
Avidiaa Avimers A-domains derived from cell surface receptors, phase 1
BioRexis Pharmaceuticalsb Transbodies Transferrin, phase 1
Borean Pharma (Aarhus, Denmark) unnamed Trimerized tetranectin domains, preclinical
Domantisc Domain antibodies Heavy or light chain antibodies, preclinical
EvoGenix Therapeutics (Sydney, Australia) Evibodies Derived from V-like domains of T-cell receptors CTLA-4, CD28 and inducible T-cell costimulator, preclinical
ESBATech (Zurich) scFV fragments Stable single chain antibody fragments, preclinical
Genmab Unibodies Monovalent IgG4 mAbs fragments, preclinical
Micromet (Munich) BiTEs Bispecific, T-cell activating single-chain antibody fragments, phase 1
Molecular Partners DARPins Designed ankyrin repeat proteins, preclinical
Pieris (Freising-Weihenstephan, Germany) Anticalins Derived from lipocalins, preclinical
Scil Proteins (Halle, Germany) Affilins Derived from human lens protein gamma crystalline, preclinical
Trubion Pharmaceuticals SMIPs Custom-designed small modular immunopharmaceuticals, phase 2b
I'm in agreement that prevention of non-GI GVHD doesn't make sense given what I understand of the MOA of orBec.
Also, it is smart to get this study approved and running now because they can run it against a true placebo. If orBec gets approved, it will likely become SOC and they'd have to include it as part of the "placebo" arm (i.e. a "placebo" plus a delayed orBec administration for treatment of GVHD as indicated, reducing the statistical power and making the study more expensive to run). This may not affect the incidence of GVHD endpoint, but going vs. placebo will make secondary endpoints (including mortality) drastically more pronounced.
The present trial calls for orBec or placebo to run through day 75 post transplant. In the previous treatment trial, the mean (median) enrollment time post transplant was 45 (32) days, with a SD of about 30. I wonder if they'll have to amend the protocol if orBec is approved and becomes SOC to include it as a treatment option for the placebo arm.
"Each patient was paired with the previously failed agent."
This is not my understanding. I believe that each agent/dosing etc was by attending physician decision.
I only follow this peripherally, so others might elaborate or correct me.
This would be very interesting to know for sure.
I'd actually like to make a substitute motion that IO gets the nod whether he's interested or not.
Draft him into compulsory service!
IO-
"That only young and healthy mis-match donors get these transplants due to the very issue of GVHD"
If the lower 200-day mortality seen in the BDP mismatched vs. matched is shown to be real rather than a small numbers issue in larger studies, this might explain some of difference.
"just as you can't data-mine to find a subgroup basis for approval, the reviewers are not entitled to data-mine to find such an inconsistency as a basis for denial or for a limited approval."
This seems logical, I hadn't thought about that, but I guess I'm not aware of any specific examples to the contrary. I don't expect there to be one, but do you by chance have a citation for this?
I agree it would be nice to know a little bit more about the efficacy in the time to treatment failure in the two donor type groups.
One thing dew points out here is that we're dealing with small numbers, which can make some things interesting. For example, the 200 day mortality in the BDP unmatched/unrelated group (1/23=4%) is lower than than the mortality in the BDP sibling group (4/39=10%). This would seem to be an artifact based on small numbers. IF there were one additional death in the unrelated BDP group it would more closely approximate the related BDP group, but the comparison to placebo with this extra death would be of borderline statistical significance (.06ish).
Taken together though, despite the small numbers the cumulative data appear to be supportive of approval. With no other competing treatments, a potentially significant survival benefit in the unmatched group and the good safety data, it would not seem that another lengthy study would be required. Rather, I'd expect some PIV data to be required.
I do note that they had Fast Track, but were only given a standard review. Per the FDA website:
"Most drugs that are eligible for fast track designation are likely to be considered appropriate to receive a priority review."
DNDN is a seemingly parallel example of missing the primary endpoint in a Fast Track drug, but still getting Priority.
Is there any information in the fact that the BDP was not given PR after having the fast track status? The only thing I can think of is that they expect to have an Advisory Panel, and maybe the FDA wants more time to get one together.
PS dewophile, I can't PM you...my email address is in my profile if you could email me.
From the FDA website on Fast Track & Priority Review Designations
"The Tufts Center for the Study of Drug Development, an independent, academic research group affiliated with Tufts University in Boston, reported in December 2003 that more than 50 disease indications had received fast track designation, and that clinical development time for fast track drugs was, on average, about two and a half years shorter than that for non-fast track drugs approved between 1998 and 2003."
http://www.fda.gov/fdac/features/2006/206_treatments.html
The results from Blood definitely have interested me.
A couple of things to think about.
It looks like essentially all of the survival benefit came from unrelated or HLA-mismatched donors. The survival benefit among those receiving cells from an HLA-matched sibling was essentially nil. About 35% of those in the study population were in the unrelated/mismatched group. It may be that the FDA grants a label for only the mismatch/unrelated group. Whether the cost-benefit is there for the sibling/matched group is an interesting discussion, and may limit the potential market to 1/3 (if the study proportions of donor source is representative of all transplants).
Among 47 patients who had received stem cells from unrelated or HLA-mismatched donors, 1 of 23 patients (4%) who had been randomized to BDP had died, compared to 10 deaths (42%) among 24 patients who had been randomized to placebo, leading to a statistically significantly reduced risk of day-200 mortality (hazard ratio 0.09; 95% CI: 0.01, 0.70; p=0.02, Wald chi-square test). On the other hand, among 82 patients who had received stem cells from an HLA-matched sibling, 4 of 39 (10%) patients randomized to BDP had died by day 200, compared to 6 of 43 (14%) deaths among patients randomized to placebo , leading to a lower risk of mortality, but not statistically significantly so (hazard ratio 0.83; 95% CI: 0.23, 2.93; p=0.77, Wald chi-square test).
Also re:FDA, I wonder about how they’ll look at the higher rate of early failures in the BDP group (by day 10). The investigators suggest that they can see no biological connection to study drug, that “during the first 10 days of protocol treatment during which oral BDP is unlikely to affect initial responses to concomitant high-dose corticosteroids ”. I wonder if the FDA will accept this, or want more data to be sure that the BDP didn’t contribute to early failure. This random ‘imbalance’ is the cited reason for missing the primary endpoint, and led the authors to define (post-hoc as far as I can tell) a group that was “eligible for prednisone taper at study day 10.” With this post-hoc definition, they would have met the 50 endpoint. Their logic seems reasonable, but presents some minor regulatory risk IMO.
Interested in other’s thoughts.
Uterine Fibroids Editorial
Text from the editorial accompanying the article in NEJM comparing embolization and surgery. It still appears there is room for something like Proellex in the landscape of treatment options, although nothing is mentioned here. I believe others with specific expertise in this area have commented to such on this board.
Treatment of Uterine Fibroids — Is Surgery Obsolete?
NEJM Volume 356:411-413
Togas Tulandi, M.D., M.H.C.M.
In the early 1990s, Jacques H. Ravina first applied the technique of embolization of uterine arteries to treat uterine fibroids in women at high risk for complications during surgery in an effort to control uterine bleeding. Embolization was then expanded for the treatment of patients who were undergoing myomectomy in order to decrease intraoperative bleeding. In 1993, Ravina and colleagues started using uterine-artery embolization as a primary treatment for uterine fibroids.
Today, interventional radiologists worldwide perform uterine-artery embolization. Most of them embolize the uterine arteries bilaterally and not only the branch supplying blood to a particular fibroid (Figure 1). In observational studies, embolization has been followed by a significant reduction in uterine volume, a decrease in excessive uterine bleeding, a low rate of subsequent hysterectomy, and a high rate of sustained symptom control (up to 80%) 5 years after the procedure. However, comparisons of uterine-artery embolization with other treatments on the basis of observational data are limited by the inherent differences in women who are referred for one treatment instead of another.
In this issue of the Journal, Moss et al., writing for the Randomized Trial of Embolization versus Surgical Treatment for Fibroids (REST) Investigators, report on the results of a randomized, multicenter trial comparing uterine-artery embolization with abdominal surgery in women with symptomatic uterine fibroids. The investigators randomly assigned 106 women to undergo embolization and 51 to undergo surgery (including 43 hysterectomies and 8 myomectomies). On the basis of results on the Medical Outcomes Study 36-Item Short-Form General Health Survey questionnaire, they found no significant differences in the quality-of-life scores between the two groups at 1 year, although symptom scores were better in the surgical group at that follow-up assessment. Complication rates were similar at 1 year in the two groups, although the study was not powered to detect differences in these rates or to detect rare complications. Of note, complications generally occurred earlier in the surgical group (typically, at the time of surgery or soon after, as in the case of wound infections, which occurred in four patients). Aside from two patients who required immediate hysterectomy because the embolization procedure failed, most of the complications in the embolization group occurred after discharge from the hospital. However, as compared with the surgical group, the embolization group had the advantages of a significantly shorter hospital stay and a more rapid resumption of normal activities.
Do these results imply that surgery should be used only as a second-line treatment for uterine fibroids after uterine-artery embolization? Not necessarily. The answer varies with the clinical situation, including a patient's age, her treatment preference, her wish to conceive, and the type of surgery planned.
In two other randomized trials, uterine-artery embolization was compared with abdominal hysterectomy. Less invasive hysterectomies, such as laparoscopic and vaginal procedures, have not been compared directly with embolization. The latter approaches are associated with less pain, a shorter hospital stay, and faster recovery than is abdominal hysterectomy. Although the decision regarding the surgical approach depends mainly on the surgeon's skill and preference, laparoscopic and vaginal hysterectomies are expected to result in postoperative courses that resemble the aftermath of embolization more than that of laparotomy.
Embolization is associated with particular concerns in young women who have not yet completed childbearing. One concern is the possibility of premature ovarian failure, which has been reported in rare cases after embolization, possibly owing to ovarian ischemia related to decreased blood flow in the utero-ovarian collaterals. In general, the changes in menstrual function are transient. Menopause occurs in less than 1% of women immediately after embolization, and most of these women are 40 years of age or older. Two prospective studies have shown no significant difference in serum follicle-stimulating hormone levels on day 3 (a marker of ovarian reserve) before and after embolization. Moreover, one observational study reported that 33 of 108 women who attempted to conceive after embolization were able to do so, including some women who had had difficulty conceiving before the procedure.
However, it remains unclear whether pregnancy outcomes are affected by uterine-artery embolization, since fewer than 150 such pregnancies have been reported in the literature. Moss et al. rightfully informed their patients about the unknown effects of embolization on subsequent pregnancy. Of seven pregnancies they reported occurring after embolization, there were four miscarriages, two live births, and one unexplained intrauterine death. Although available data are observational and limited by small numbers of patients and the lack of matched controls, the results suggest that the miscarriage rate may be higher after embolization (17 to 30%) than after myomectomy (15%), although this rate may be partially explained by the older age of women undergoing embolization. The rate of preterm delivery also has been reported to be higher after embolization (16 to 22%) than after myomectomy (3%), and high rates of postpartum hemorrhage (approximately 18%) have been reported after embolization in two studies, perhaps related to abnormal placentation.
Before undergoing uterine-artery embolization, patients should be informed that approximately 1 in 10 patients so treated may continue to have excessive uterine bleeding or abdominal pain that may require further treatment, such as myomectomy or hysterectomy. In the study by Moss et al., either hysterectomy or repeated embolization was required for recurrent or persistent symptoms in 10 patients in the embolization group during the first 12 months and in 11 others during a median of 22 months of additional follow-up (i.e., in 20% of the patients overall).
If the possible effects of uterine-artery embolization on fertility and pregnancy are considered, myomectomy should be the first line of treatment for women with symptomatic uterine fibroids who wish to conceive. Conversely, embolization should be offered to women who are at high surgical risk, such as women with previous multiple laparotomies or women with diffuse uterine fibroids in whom myomectomy might not be technically feasible. Hysterectomy remains a reasonable alternative to embolization for women who want definitive treatment without having to worry about further bleeding or the need for another procedure.
Dew-RE ET
Thanks for the reply. According to the CC, Asoprisnil caused a bit of a stir over supposed endometrial changes (which according to the call were endometrial thickening). The convened a panel as a result which seemed to conclude that there are some changes happening, but they are most likely benign, and that the thickening is not a good signal, as you suggest. Whether the FDA is on that page, who knows.
Another question: IF there is to be hyperplasia induced by proellex, how long would it take to show up? The CC responder thought that it wouldn't show before 6-8 months, but definitely by a year. Your thoughts?
RPRX re:Endometrial Thickness (ET)
[I'm not a clinician, but I found the presentation/discussion of ET to be interesting. First the chart from the interim results of the American PII for UF (n=128, roughly even b/w arms)]:
“ET was measured by ultrasound. The bottom line is there is statistically sig changes at any time in the placebo or two groups of Proellex.” -- Jay Goldberg, MD MSCP (not an investigator in the trial, just presenting the data)
Now the chart from the interim results of the Bulgarian PII for Endometriosis (n=39) :
“As expected, the endometrial thickness went down. [??? Am I looking at the same chart??? Maybe the lupron group] As you can see, there are different thicknesses, but none are statistically significantly different from the baseline.”
[I find the discussion of these slides, which consisted of basically hiding behing the lack of statistical significnace to be a bit incomplete. There appeared to be a trend towards increasing ET. Would the results be stat sig at 6 or 12 months and or w/ a larger sample size? A p-value for a safety endpoint for which the study isn’t properly powered can be overemphsized.
Although the presenters breezed through those slides with only the comments I posted, the issue came up in Q&A. .
It would appear from the discussion below that the company expects to see some ET, but will try to convince the FDA that it isn’t a good marker for risk in pre-menapausal women.I have transcribed a bit of it (not perfect, but accurate, I hope)
Q: Thickening has been a classic red flag. From what you’ve presented, EIN is probably a more concerning red flag. What does the FDA think about this?
A: It is very clear that the FDA is concerned. They are happy that a central path group to be looking at this, so were on the right track. EIN is recognized as pre-malignant, but I don’t expect to see it, but I’m biased. [ Not a good answer about thickening however.
A: Post menopausal women with ET > 5mm is a cause for concern. IN postmenopausal women, we’ve learned in premenopausal women is that they develop ET which is significantly more that that. I’m not sure we know what that number is yet. I think this is probably not the appropriate way to evaluate the endometrium in permenopausal woman. The proper way is probably endometrial biopsies. Now what are we going to do with the data for studies such as this? I don’t know.
All I’m trying to tell you, though there may be ET, we don’t know what it means, I don’t know that this is the appropriate tool to use to evaluate that. [ This seems to fly in the face a bit of the presentation that left it at “no significant changes”] As a practicing GYN, what I’d like to see now are endometrial biopsies and see if they are better tools because that may be the way to follow patients such as this, and not use the ultrasound to evaluate ET.
A: (Ron Wheely, director of R&D): There’s one other thing, we told the FDA we were going to use the Mutter criteria [which they describe as a set of criteria for evaluating EIN by pathologists. Mutter is the father of the EIM classification and one of the pathologists on the panel evaluating endometrial histology in the trials] as a protocol amendment, we sent that into them and they have no objections to using that criteria.” [Does this mean the FDA is OK with not using ET as an endpoint? This needs to be figured out
I'd be interested in any other comments on the ET issue. At this point, my guess is that they expect to see ET, but are going to try and convince the FDA that ET itself isn't a good marker of risk. They may not see ET in the 50mg dose, which they intend to use in both PIII trials.
Sir,
Intravenous infusion of synthetic plasma expanders is often used to control blood pressure and secure microvascular circulation in traumatized patients with massive bleeding. However, haemodilution by colloid plasma expanders may induce a state of hypocoagulability beyond the simple dilution of clotting factors and enzymes. The choice of resuscitation fluid may precipitate the development of a traumatic coagulopathy. Hence, hydroxyethylstarch and gelatine solutions have been shown to impair haemostasis (1–3). The coagulopathy is characterized by an unchanged initiation of clot formation, but a significantly reduced velocity of clot formation and a reduced strength of the clot formed (2). The exact mechanisms are not fully understood, although diminished platelet activation, compromised fibrin polymerization and reduced capacity of whole blood thrombin generation reflect essential aspects of the pathogenesis (4). In addition, decreases in the activity of factor VIII and level of von Willebrand factor have been proposed (5, 6). Finally, trauma-related coagulopathy may be aggravated by the consumption of clotting factors, acidosis and hypothermia.
In a recently published in vitro study, colloid-induced coagulopathy was substantially improved following the addition of a fibrinogen concentrate (2). More recently, Fries et al. (7) have confirmed these findings in a porcine model.
Numerous case reports have described different scenarios in which recombinant factor VIIa has successfully been used, off-label, to manage uncontrolled and life-threatening bleeding. The haemostatic functions of recombinant factor VIIa are induced by a lesion site-localized increased thrombin generation. It may be speculated that recombinant factor VIIa could reverse the coagulopathy induced by colloid plasma expanders. However, recent publications have presented data indicating a decreased haemostatic potency of recombinant factor VIIa in experimental models of dilutional coagulopathy induced by colloid plasma expanders (8, 9). More investigations are needed to clarify the origin of these initial observations. However, bleeding suspected to be caused by dilutional coagulopathy related to the use of colloid plasma expanders may be managed better with the infusion of fibrinogen before recombinant factor VIIa. Fibrinogen can be administered as a commercially available concentrate via fresh-frozen plasma or cryoprecipitate.
C. Fenger-Eriksen
J. Ingerslev
B. Sørensen1
References
1. Niemi TT, Kuitunen AH. Artificial colloids impair haemostasis. An in vitro study using thromboelastometry coagulation analysis. Acta Anaesthesiol Scand 2005; 49: 373–8.
2. Fenger-Eriksen C, Anker-Moller E, Heslop J, Ingerslev J, Sorensen B. Thrombelastographic whole blood clot formation after ex vivo addition of plasma substitutes: improvements of the induced coagulopathy with fibrinogen concentrate. Br J Anaesth 2005; 94: 324–9.
3. Kuitunen AH, Hynynen MJ, Vahtera E, Salmenpera MT. Hydroxyethyl starch as a priming solution for cardiopulmonary bypass impairs hemostasis after cardiac surgery. Anesth Analg 2004; 98: 291–7.
4. Brummel-Ziedins K, Whelihan MF, Ziedins EG, Mann KG. The resuscitative fluid you choose may potentiate bleeding. Blood 2004; 104: Abstract 1029.
5. de Jonge E, Levi M, Buller HR, Berends F, Kesecioglu J. Decreased circulating levels of von Willebrand factor after intravenous administration of a rapidly degradable hydroxyethyl starch (HES 200/0.5/6) in healthy human subjects. Intensive Care Med 2001; 27: 1825–9.
6. Batlle J, del Rio F, Lopez Fernandez MF, Martin R, Lopez BA. Effect of dextran on factor VIII/von Willebrand factor structure and function. Thromb Haemost 1985; 54: 697–9.
7. Fries D, Krismer A, Klingler A et al. Effect of fibrinogen on reversal of dilutional coagulopathy: a porcine model. Br J Anaesth 2005; 95 (2): 172–7.
8. Sørensen B, Fenger-Eriksen C, Ingerslev J. Recombinant factor VIIa fails to correct coagulopathy induced by haemodilution with colloid. Br J Anaesth 2005; 94 (3): 862–3.
9. Engstrom M, Reinstrup P, Schott U. An in vitro evaluation of standard rotational thromboelastography in monitoring of effects of recombinant factor VIIa on coagulopathy induced by hydroxyethyl starch. BMC Blood Disorder 2005; 15 (1): 3–4.
Re: RPRX
"...and the results for the key secondary end point of fibroid volume"
I may have missed this, but why weren't these results disclosed with the other results at the interim analysis? When do you expect these to be released?
Goat-
I'm not as up on the PPHM warrants as I might be, but I don't think the warrants outstanding are convertible...I think they have a fixed exercise price (weighted at 1.17).
All the same, I agree that the warrants can be used as a hedge for the holders to short cycle a stock (short into news/upswings to blunt enthusiasm...cover as the air drains out of the stock and it drops...if for some reason it runs up on you, you can always exercise and cover). This works b/c most biotechs are filled with false rallies on news and eventually settle back down.
I'm not sure that the 2Million outstanding warrants are enough to have that kind of affect with an average vol of 800K. Would be a bigger issue before the 4.6M exercised in July. Always hard to make sense of the trade in these stocks though for sure.
Nature Article (don't have time to format it nicely like all of Dew's posts...sorry):
Nature Biotechnology
Published online: 5 October 2006; | doi:10.1038/nbt1006-1181
Polyclonal antibodies step out of the shadows
-Emily Waltz
After decades in the shadow of monoclonal antibodies, therapeutic polyclonal antibodies are undergoing a renaissance. The first recombinant human polyclonal antibodies to enter the clinic could spearhead a new generation of antibody treatments. The new-generation antibodies that are taking advantage of the latest technologies may offer therapeutic advantages over monoclonals or existing polyclonal therapies. But companies will have to overcome production and regulatory hurdles before they get very far into clinical development.
[figure omited]
Ever since the discovery in the 1970s and 1980s of hybridomas and ways to recombine and amplify DNA, monoclonal antibody therapies have been in the ascendancy. But the inability of monoclonals to address targets that mutate or require binding at multiple sites has left market opportunities for polyclonals.
"The body's natural reaction to antigens is polyclonal, so it's not a question of will they work, "says Jacqueline Sharon, a pathologist at Boston University School of Medicine. The key is "to produce them in a standardized and unlimited way. Once you get that, there's no question they will work.
Over the past century or so, the traditional way of obtaining polyclonal antibodies, so-called immunoglobulin therapies, involves the harvesting of immunized human or animal serum, which is of limited supply. Polyclonal antibodies derived in this manner also can be associated with serious toxicities (serum sickness) and the risk of transmitting infections.
Biotech companies are addressing these problems via two radically different approaches. The first and most advanced, which is the basis for Copenhagen-based Symphogen's business, involves isolating the variable light and heavy (VL-VH) region of gene pairs from antibody-producing plasma cells harvested from the sera of immune individuals, screening these phage-displayed Fab pairs against target antigens, and transferring the resultant selected pairs to a mammalian vector containing the requisite immunoglobulin constant (C) region genes to enable production of functional antibodies.
The key to Symphogen's technology is maintaining consistent composition with every batch of their product, says John Haurum, CFO. To do this, the company has developed a mammalian expression vector that transfers the antibody genes into the exact same genomic site in the Chinese hamster ovary cells used in manufacture. And since "not all antibodies are good," says Sharon, "the technique allows you to pick out the great antibodies and eliminate any deleterious antibodies." Symphogen has partnered with London-based AstraZeneca to develop what could be the first recombinant human polyclonal antibody thereapy.
But for some experts it's not clear yet that Symphogen's technique will pass regulatory authorities' standards for consistency. "The authorities are going to ask them to characterize the antibodies individually," says Yann Echelard, vice president of R&D at GTC Biotherapeutics in Framingham, Massachusetts. If they can't put the same amount of each antibody into every dose, "that's a showstopper for getting approved," he says. Although Symphogen's product is at preclinical stage, scientists may begin clinical trials as early as November 2006, Haurum says.
The second innovative approach to producing polyclonal antibodies involves the application of gene targeting/nuclear transfer (cloning) technology in animals to replace partially or completely animal immunoglobulin genes with analogous genes from humans (see scheme above). At least four companies (Table 1) are following this line of research, which for large animal systems still faces some technical challenges: cows, pigs and rabbits still produce part animal, part human antibodies. Scientists say that by knocking out more genes, or knocking out key parts of the genes, the animals can produce a greater percentage of fully human antibodies.
A potential drawback of this second approach is that the animal serum containing the antibodies may transmit animal diseases or other contaminating materials, requiring expensive purification processes. "These technical issue need to be resolved," says Echelard. "Once they achieve that, the real work will start as they focus on finding an indication and a clinical strategy.
Table 1 Selected companies producing polyclonals in animals
Company Name Bioreactor Gene targeting
Hematech, (Sioux Falls, South Dakota), a subsidiary of Kirin Brewery (Tokyo) Cows Artificial chromosomes carrying human antibody genes are transferred to bovine fibroblasts in which endogenous immunogloblulin genes have been inactivated.
Medarex Mice Mouse antibody genes inactivated and replaced with human antibody genes.
Revivicor, (Blacksburg, Virginia) Pigs Researchers knock out one allele of each antibody-encoding gene in a somatic cell and replace it with a human gene.
Therapeutic Human Polyclonals (Mountain View, California) Rabbits Insertion of only key segments of human antibody gene sequences.
Lots of the shorts are probably short against the warrants and never have to cover on the market if the stock starts to run. Or they can buy into the next PIPE and not have to cover on the open market.
These boys have lots of ways. These aren't retailers shorting at this level.
BSR_David-
My limited observations of the small cap bios that trade in a pattern that would be consistent with your theory are there is usually as much or more put OI as call OI.
What have your observations/discussion yielded about the simultaneous buying of puts in addition to shorting the calls by the hedge funds?
Single-dose still promising enough to pursue ?
I think that's getting ahead of the data...they may not have enough repeat dose data to plan for it's use in a combo therapy (from a safety standpoint) and thus they are keeping the option for single dose open, since it seems to be safe so far.
BOT: If SK does indeed have evidence of “something that really takes place several days later that … leads to longer-term effects,”
This is what I was trying to elucidate from the Guinnea pig model data. At one day post treatment the pfu/ml had decreased compared to controls from just less than about 10^7 to just less than 10^6. By day six the difference was a little bigger (closer to 10^5 for Bavi). Then at some point half the pigs go to "virus free" state. Does clearance accelerate? I'd like to see the data.
Katie is right to point out that there's a leap between pigs with hemorrhagic fever and chronic HCV in humans. I should throw in the caveat that the pigs that eventually go "virus free" are the ones that lived. The viral titers at days 1 and 6 I assume are averages of the pigs treated with Bavi, some of whom won't respond. Would be interesting to know the viral loads at days 1 and 6 of the pigs who went on to clearance vs. bavi pigs who died.
Back to waiting for the human data.