The US government’s $1.8 billion investment into Novavax’s Covid-19 vaccine may soon pay off as the company floated some positive comments around the issues surrounding the manufacturing of its recombinant protein vaccine, which could be added early next year to the world’s arsenal of shots.
The company has struggled with its vaccine candidate’s potency and purity, pushing back the timing of submitting its application to the FDA all summer, and in June the US government had to steer Novavax, instructing the company to prioritize alignment with the FDA on its analytic methods before conducting additional US manufacturing, and ‘further indicated that the US government will not fund additional US manufacturing until such agreement has been made,’ the company said.
But now things are apparently looking up.
‘As of November 2021, we validated the potency and purity of our assays and are in the final process of testing our product using these assays. We expect to submit the complete regulatory package to the FDA by the end of 2021,’ Novavax said in an SEC filing Friday.
The company also said it’s in ‘continued discussions with the FDA’ about its submission and that it continues to address and complete various CMC requirements.
FDA rejects Covid-19 treatment EUA for respiratory failure
NRx Pharmaceuticals said Friday that the FDA was unable to issue an EUA for its treatment for people hospitalized with Covid-19 ‘at this time due to insufficient data regarding the known and potential benefits of the medicine and the known and potential risks of Zyesami in patients suffering from critical COVID-19 with respiratory failure.’
In its letter, according to NRx, the FDA noted that so far, it has reviewed safety in only 131 randomized patients treated with Zyesami. The drug is also being studied as part of the NIH’s ACTIV-3b trial, which is for severely ill inpatients. NRx said it will attempt to coordinate a review by the FDA of the 150 or more additional patients already treated in that trial.
Ocugen seeks EUA in kids for Covaxin vaccine
Pennsylvania-based Ocugen said Friday that it sent a request to the FDA for an emergency authorization for its Covid-19 vaccine candidate BBV152, known as Covaxin outside of the US, for just pediatric use.
The vaccine candidate, which is a whole-virion, inactivated vaccine and recently authorized by the WHO, was developed by the Indian company, Bharat Biotech. For kids ages 2-18, Ocugen said the vaccine was studied in an immuno-bridging clinical trial conducted in India.
‘The neutralizing antibody responses against wild-type strain in the pediatric age group of 2-18 years were equivalent to those seen in adults, ages 18+ years, in Bharat Biotech’s large Phase 3 efficacy and safety trial,’ Ocuegn said in a statement.
In terms of safety, the company said that among the 526 study subjects in the pediatric clinical trial, no serious adverse effects, such as deaths, hospitalizations, myocarditis, pericarditis, Guillain-Barre syndrome, vaccine-induced thrombotic thrombocytopenia or anaphylactic reactions were reported.
In adults, Covaxin previously showed 77.8% vaccine efficacy against symptomatic Covid disease, through evaluation of 130 confirmed cases, with 24 observed in the vaccine group versus 106 in the placebo group.
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The COVID-19 pandemic has made society very aware of the need to be flexible in the approach to daily life. Every part of ‘normal’ day-to-day life has been disrupted. Clinical trials and the traditional way of conducting them has been no different. Flexibility became an immediate need for sponsors, CROs, clinical sites, and patients. Quick adjustments had to be made, along with finding new ways to make sure that patients had the appropriate care, oversight of the clinical sites continued to be managed, and drug supply and accountability were maintained. Many clinical sites found themselves acting as a shipping department, trying to make sure all of their patients received their drug safely and on time. CRAs performed remote oversight visits, virtual site tours, and virtual accountability audits. Sponsors quickly began to rethink their Direct-to-Patient (DTP) approach as patients increasingly requested that their study drugs be shipped to their homes.
After a fiasco surrounding the contamination of Covid-19 vaccine doses in its facilties — during a time in which vaccinating residents was dire to America’s return to normalcy — Emergent BioSolutions’ $600 million manufacturing deal with the US government has come to an end.
CEO Bob Kramer said that the two parties ‘mutually agreed’ to terminate the contract in an earnings call with investors Thursday, evaporating about $180 million in deal value.
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For the past 20 years, Novartis and Roche were more than cross-town rivals reigning over towering pharmaceutical dynasties. Novartis also holds a sizable chunk of Roche’s shares — amounting to a nearly one-third voting stake.
Now, Roche is buying that stake back for $20.7 billion.
‘After more than 20 years as a shareholder of Roche, we concluded that now is the right time to monetize our investment,’ Novartis CEO Vas Narasimhan said in a statement, adding that the cash will go toward purposes in line with current capital allocation.
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Albert Bourla, Pfizer CEO (John Thys, Pool/AFP via Getty Images)
Pfizer on Friday unveiled statistically significant efficacy data for its potential Covid-19 pill among people who haven’t been hospitalized with the virus. The data will likely lead to a quick EUA from the FDA and add to a growing field of effective, easy-to-use treatments.
Data from a scheduled interim analysis showed an 89% reduction in risk of Covid-related hospitalization or death from any cause compared to placebo in patients treated within three days of symptom onset. Pfizer said it halted enrollment in the trial because of the positive results, and in consultation with the FDA.
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DeepMind CEO Demis Hassabis
Last summer marked a major breakthrough in drug discovery when DeepMind, a predictive modeling startup from Google parent company Alphabet, offered the most accurate picture yet of the ‘protein folding’ problem. The Alphabet team is now propping up a unit focused solely on drug discovery, and it will look to leverage lessons learned from DeepMind’s example.
Alphabet has launched Isomorphic Labs, a London-based drug discovery startup leveraging the company’s AI and machine learning work, and lessons from DeepMind’s AlphaFold breakthroughs, CEO Demis Hassabis said in a blog post Thursday.
As Nitrome Biosciences — a biotech founded in 2017 to focus on a class of enzymes called nitrases — rebrands to Nitrase Therapeutics, the company is also bringing on a new CEO: Pierre Beaurang.
In Nitrase’s statement earlier this week announcing its new CEO, the biotech said that the founder and now-former CEO — Irene Griswold-Prenner — will stay on with Nitrase as the new CSO. And this new appointment comes in tandem with the biotech’s Series A expansion, where Bristol Myers Squibb became an investor alongside AbbVie and Sofinnova Partners, bringing the total amount raised to $45 million.
Bob Bradway, Amgen CEO (Scott Eisen/Bloomberg via Getty Images)
Amgen announced back in June that it would spend $365 million to build its manufacturing plant of the future in New Albany, OH, complete with self-driving vehicles and data-gathering tools to ensure efficiency. Today, that journey begins.
The California-based biotech will break ground today on its new assembly and packaging plant, which is estimated to create 400 new jobs in the area just 18 miles northeast of Columbus, according to a report by the Columbus Dispatch. The new facility will further Amgen’s capabilities to make medicines set for distribution in the US, it said in a statement a few months ago.
Catalent CEO John Chiminski (Jeff Rumans)
Just weeks after Catalent opened a newly acquired site in Shiga, Japan, the CDMO giant announced the opening of a new facility in San Diego to up its clinical packaging and distribution solutions on the West Coast.
The facility is 24,000 square feet and located within a mile of the company’s early-phase oral drug product center of excellence. It supports clinical studies for Phases I through III, and end-to-end services.
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WuXi Biologics CEO Chris Chen (Photographer: Anthony Kwan/Bloomberg via Getty Images)
WuXi Biologics’ latest project is open for business in the Chinese firm’s namesake city.
WuXi has pumped millions into the expansion of its manufacturing operations as of late, and on Sunday announced it successfully launched its new drug product facility in Wuxi. That marks the eighth drug production facility for WuXi Biologics.
The site will add another 60 million vials a year to WuXi’s commercial drug production operations and consolidate the company’s single-use and automation operations.
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