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DewDiligence

04/02/14 1:23 PM

#176282 RE: north40000 #160276

Boston Globe profiles Intarcia Therapuetics (private), who is developing an implanted formulation of Exenatide:

http://www.bostonglobe.com/business/2014/04/01/intarcia-raises-advance-its-diabetes-drug/G35nmysQDkLtQYaW3LwN4H/story.html

Intarcia is developing match-stick-size mini-pumps that are inserted under the skin to deliver the company’s new drug for controlling type 2 diabetes and obesity. The Intarcia drug pump, known as ITCA 650, is designed to deliver a steady flow of…exenatide over the course of six to 12 months. So instead of daily injections, patients would undergo a two- or three-minute procedure at a doctor’s office once or twice a year, said Kurt Graves, the company’s chief executive.

What makes this extended release possible is an advance that keeps the drug stable at body temperature, Graves said.

…RA Capital* led the [$200M] funding round…

Kurt Graves is the former NVS executive who left VRTX in a tiff when he wasn’t named CEO.

*The firm that just took an 8% stake in ENTA (#msg-99866097).
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DewDiligence

10/02/14 11:46 AM

#182365 RE: north40000 #160276

Intarcia (private) reports phase-3 data for Exenatide pump:

http://online.wsj.com/articles/new-implantable-pump-could-cut-diabetes-treatments-1412217004

A diabetes drug delivered continuously from a small implantable pump resulted in a marked and sustained reduction in blood sugar in patients in two studies, potentially setting the stage for a once-a-year treatment option [!] to manage the disease.

The matchstick-size pump…is being developed by closely held Intarcia Therapeutics Inc., a Boston-based startup, which is releasing details of the studies Wednesday. The device holds up to a year's supply of exenatide, a drug already on the market for Type 2 diabetes. It is implanted under the skin in the abdomen where it continuously releases the drug in micro quantities into the body to control blood sugar.

…Intarcia said that in one of the two studies, involving 460 patients, the device when used with standard oral diabetes medicines resulted in average HbA1c reductions of 1.4 to 1.7 percentage points, from an average of 8.5%.

In the other study, which tested 60 high-risk patients with average starting HbA1c levels of 10.8%, the average reduction was 3.4 percentage points to 7.4%—while 25% of patients reached the goal of below 7% after nine months with the pump.

…The exenatide-filled pump was also associated with weight loss, the company said.

…The two studies are among four Phase 3 or late-stage studies Intarcia is conducting with a plan of filing for approval for six-month and 12-month pumps with the U.S. Food and Drug Administration by early 2016. The company also is mounting head-to-head studies against both oral and injectable treatments with the aim of proving the pump superior to the conventional treatments.

Will Intarcia IPO, or will it be bought out while private?

Intarcia’s own PR:
http://finance.yahoo.com/news/intarcia-announces-two-positive-phase-023500676.html