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.
I have the same question, but given the reasonable assumption that Anavex does not have an agree upon SAP with FDA for AD, it might give Anavex an opportunity to negotiate one through discussion with FDA or a foreign authority which is disclosed in today’s PR:
So Anavex changed its endpoint to new surrogate endpoints post hoc data collection AND on top of that switched to endpoints not generally accepted by the FDA...
Good luck with that
There is a reason the markets were not impressed with Anavex's PR yesterday.
IMO Anevax's only and best way forward is to convince the FDA to buy in their new endpoints/SAP and after that start a new Phase 3 trial
You can't fix stupid.
Naked at 70?
Good grief why did you have to put that imagine in my head :(?
Ashkan for a paycheck.
If,as longs assert, ATL-DCs are useful in all cancers then one has to wonder why BPs have not been launching trials to gain those indications.
Good grief. Go talk to someone professional seriously
Just because you are able to put something in a spreadsheet doesn't make it real...
Do you understand that? Talk to someone
delusional hahahahaha delusional lololol from the poster that keeps claiming NWBO is actually worth 1.700 BILLION USD hahahaha
Now that is worth 5x Risperidon per day
delusional
Golden comedy this
Someone who gets his information from chat GTP is the one confused and can not be taken seriously that's you Atlanta junior. I have been invested in NWBO for 8 years now. The date you see in people's profiles has nothing to do with how long they are involved in NWBO simpleton. After explaining these basics to you, I will repeat the other basics I had to teach you.
You stated that there is no guidance for external control arms (ECAs) implying NWBO has no choice but to wait for external control arms (ECAs). That was FUD and a bearish post on your part.
Then thankfully for you, I corrected you by saying
NWBO had its endpoints bought in during their Special Protocol Assessment which permitted ECA's.. NWBO did not pull ECAs to then hope on a hail marry on FDA guidance regarding the use of ECAs
I believe that NWBio and the FDA have had frequent and ongoing conversations about the ECAs that were used. I believe these conversations go all the way back to before the the clinical trial data was unblinded.
As a result, the updated FDA guidance regarding RWD and RWE is not relevant to the DCVax-L Phase III trial.
BTW, nice bolding on that quote to make it look to the casual reader that the "if required" applies to phase 2. It does not, it applies to the clock stop. Learn that trick from Hoffman?
You are wrong on the 210 days and wrong on the clock starting on the acceptance of the submission
may depend on how long it takes Northwest Bio to respond to the MHRA’s information request.
The MHRA will evaluate a UK, Great Britain (England, Wales and Scotland) or Northern Ireland marketing authorisation (MA) application and reach an opinion within 150 days of a valid application being submitted. CHARLOTTE TILLETT partner https://www.stevens-bolton.com/site/insights/articles/uk-marketing-authorisation
Additionally, the assessment clock doesn't start until the application is validated, which could take up to 2 weeks from submittal.
The assessment time has been reduced from 210 days to a 150-days assessment procedure for national MA applications containing new active substances. This new accelerated assessment route for MAs does what it says, within 150 days after submission of the application, the MHRA is expected to evaluate and reach an opinion.
thanks, SS
Just want to add that the 150 CALENDER days from the day the application is SUBMITTED, does not necessarily mean the time to approval is 150 CALENDER days. It may also very well mean that the MHRA will conclude well before the mentioned 150 days they have come to the conlusion to approve DCVAXL. The MHRA knows DCVAXL very well they have approved MIA and approved compassionate use.
The assessment time has been reduced from 210 days to a 150-days assessment procedure for national MA applications containing new active substances. This new accelerated assessment route for MAs does what it says, within 150 days after submission of the application, the MHRA is expected to evaluate and reach an opinion.
Ok I offer my apologies to you
The timeline is 100 days (average 80 days) NOT BUSINESS DAYS after the MAA has been SUBMITTED in RR or 150 days SUBMITTED if they are NOT in RR
The UK independent regulatory system has now been operational for a year. As part of the programme, the Medicines and Healthcare products Regulatory Agency (MHRA) has introduced significant adjustments, here are four of the most important changes: Shorter timelines to approval
The assessment time has been reduced from 210 days to a 150-days assessment procedure for national MA applications containing new active substances. This new accelerated assessment route for MAs does what it says, within 150 days after submission of the application, the MHRA is expected to evaluate and reach an opinion.
The rolling review is a new route for MA applications, where data is submitted and reviewed as it becomes available (typically in the order of non-clinical, CMC and clinical data) instead of waiting for the completed data package. The assessment cycle for each submitted module will be completed within 60 days. The final phase is split into two stages, with a clock stop (where required) after 60 days and a decision being reached by day 100
They may have had to answer a few questions and concerns before they can say the submission was complete.
I recommend you read this
https://pink.pharmaintelligence.informa.com/-/media/supporting-documents/pink-sheet/2020/10/mhra-guidance-on-new-ma-procedures.pdf
Anything else then rolling review has been highly discouraged by MHRA since January 1 2021
From 1 January 2021 the MHRA is introducing changes to national licensing procedures,
including procedures to prioritise access to new medicines that will benefit patients, an
accelerated assessment procedure and new routes of evaluation for novel products and
biotechnological products.
Pre-submission scientific advice meetings with the MHRA assessment teams
(https://www.gov.uk/guidance/medicines-get-scientific-advice-from-mhra) at suitable times during the
development cycle are encouraged. At the meeting the company may present their intentions,
a short summary of the dossier and raise any special issues such as requests for
consideration for conditional marketing authorisation (CMA) or marketing authorisation (MA)
under exceptional circumstances. Pre-submission meetings offer opportunity to enhance
joined up work with the HTA evaluation process
the link I provided actually does say that: We recommend you email AcceleratedandRollingReview@mhra.gov.uk
The pre-submission meeting should be requested at least 90 days before the intended submission date. The meeting request should be made via email at AcceleratedandRollingReview@mhra.gov.uk
but my post was just trying to present the realistic timeline that the company itself had indicate
We recommend you email AcceleratedandRollingReview@mhra.gov.uk
The rolling review is a new route for marketing authorisation applications (MAA), where an applicant for a marketing authorisation submits modules of the eCTD dossier incrementally for pre-assessment by the MHRA rather than as part of a consolidated full dossier submission.31 dec 2020
hese scenario totaly disregard submission deadlines VS CHM meetings.
Hopefully they ll be able to submit before 30 Oct 2023, which brings for a CHM meeting on 25-26 Jan.
Then clock start 80 days.
Clock stop 60 days. (60 days extension may be require).
Then clock restart 70 days.
Mid Sep 2024. Or Mid Nov 2024 if clock stop need an extra 60 days.
30 Oct 2023 submission deadline for 25/26 Jan 2024 CHM meeting.
Then clock start. ~ 80 days for phase 1 assessment, Mid April 2024.
Then clock stop ~60 days, mid June 2024.
Clock restart, ~70 days -> Sep 2024 Approval (hopefully)
The Company plans to request that the MHRA review the MAA under the 150-business day process that the MHRA has established to accelerate the availability of new medicines for patients in the U.K."
Well what ultimately matters is that DCVax is approved on this first application (that as I recall, your narrative was that they’d never submit); it would be great for patients if it were sooner, but if it takes 150 days
Tick tock.
Your explanation is correct other than "OS is not the "gold standard""
Overall survival (OS) is the gold standard to assess novel therapeutics to treat cancer. However, to identify early efficacy and speed up drug approval, trials have used progression-free survival (PFS) as a surrogate endpoint (SE). Herein, we aimed to examine if PFS could function as an OS surrogate in advanced Esophageal Squamous Cell Carcinoma (ESCC) treated with first-line immunochemotherapy.
False statement after false statement. There was no GBM progression for DCVAXL treated patients liar liar. There was however pseudoprogression from the swelling which turned out the treatment working taking care of the tumor.
so from your post I take it you have a long position in Outlook and now experiencing a huge hair cut?
ok where can I sign for that
Assuming they submit Oct 1 and assuming the MHRA accepts on Oct 14 then its 100 days (not business days) so Jan 2024 on the condition that the MHRA will not request additional information from NWBO after 60 days with an RFI response. If the MHRA requests all kinds of additional information and raises additional questions and NWBO takes it usual snail's time to respond then the final MHRA decision could go well into 2024.
If NWBO gets fast-tracked and no RFI are raised then the decision may be taken within 80 days so that would mean in dec this year. But with out turtle luck... Im not counting on it
https://www.vennlifesciences.com/wp-content/uploads/2021/04/Speder-Bruno-Rolling-Reviews-Feature-May-2021.pdf
Once the MAA is validated, the assessment clock starts, and the final phase should be completed within 100 days in two stages as 60 + 40 days with an intervening clock off period. A request for further information (RFI) may be issued by Day 60 and the applicants may discuss issues with the MHRA within 30 days. The clock resumes on Day 61 when the RFI response is received by the MHRA, and the CHM will be consulted, with the final decision on approvability reached by Day 100.
that is actually very interesting and compelling thanks
You mentioned “capacity” three times but the article you used as your example for a different company didn’t mention capacity once.
NWBO has focused on manufacturing readiness for the last few years;
I haven’t seen any evidence to suggest that would be a problem for NWBO.
https://finance.yahoo.com/news/outlook-therapeutics-provides-regulatory-fda-100000177.html
the Agency concluded it could not approve the BLA during this review cycle due to several CMC issues, open observations from pre-approval manufacturing inspections, and a lack of substantial evidence.
As I’m sure you heard on the call, the company believes the primary issues are CMC (e.g., manufacturing).
The FDA will have no problem approving DCVAXL on present RWE and SPA as currently presented by NWBO. The FDA could however decline a request for approval if NWBO does not have its production in order as it declined Outlook Therapeutics BLA.
https://finance.yahoo.com/news/outlook-therapeutics-provides-regulatory-fda-100000177.html
the Agency concluded it could not approve the BLA during this review cycle due to several CMC issues, open observations from pre-approval manufacturing inspections, and a lack of substantial evidence
I can tell you have little business experience
I repeat:
NWBO will NOT commit itself at present (and Merck will not agree) to start combo trials with Merck if NWBO has to pay for a (part) of the combo trial.
The reason is that NWBO has NO money in the bank and only debt.
Since they are now in active discussion that can only be on the condition that NWBO is paid to enter the combo trials with Merck.
end of discussion
everything you write about DCVAX being effective and the medical greatness of the drug is all good and great but has nothing todo with the subject
yes NWBO will be bought after MHRA approval and the request for approval with the FDA has been made.
Fantasy
Any big pharma not connected will suffer a debilitating blow so the bids for each indication obviously are worth more than any single entity could possibly offer for all.
It's under the 150 day national process. It doesn't mean it will take that long. We know that the average timeline is under 90 days per their yearly reports.
The Company anticipates submitting the MAA in approximately the next 30-45 days. The Company plans to request that the MHRA review the MAA under the 150-business day process that the MHRA has established to accelerate the availability of new medicines for patients in the U.K.
But the share price is not $5 now is it? NWBO Clearly stated they are in active discussion with a large pharma to agree on the combo trials. We are hearing that any day we could receive a PR they have agreed on the combo trials .
You cant seriously assert that Linda Powers would gamble that someday the SP may or may not be $5 to then be able to sell shares to pay the hundreds of millions needed to finance the combo trials and thus sign that deal now with Merck. That's not managing NWBO that's gambling. And oh then there is also the 150 million they need to build a sales team to sell/ sales support DCVAXL. How are they all going to pay for all of that?
I can assure you Merck legal will not accept NWBO's commitment to paying hundreds of millions for the combo trial with 20 cents in NWBO's bank account.
No Linda will not gamble on a future SP to finance combo trials and thus gamble NWBO, she will have agreed to upfront payments. And yes shareholders would mind diluting another 100-150 million shares if they could have been much better off by being paid hundreds of millions by Merck.
NWBO will be bought right after MHRA approval.
I've had companies that conduct trials in partnership with big pharma under cost sharing arrangements and, after positive results, are in a stronger position to negotiate better terms.
NWBO's PR: review the MAA under the 150-business day process that the MHRA etc
MHRA: Guidance on the 150-day assessment timeline
So NWBO made a mistake there its not 150-business day but 150 regular days as per MHRA
If DI thinks 150 days until approval is AA than he should get a new job
Processing times:
new applications typically take 90 working days to process
variations where no inspection is required: 30 working days - variations where an inspection is required: 90 working days
new applications for registration as Active Substance manufacturers, importers and distributors take 60 working days - if an inspection is required: 90 working days