Before the first Covid-19 vaccines became available, countries scrambled to secure access to the shots, clamoring for supply deals. But as supply now far outstrips demand, governments in the European Union are pushing to renegotiate those deals.
Existing contracts would oblige them to buy vaccines that will just go to waste, they argue.
EU health ministers are meeting to discuss the issue, Reuters reported, citing comments French minister Brigitte Bourgignon made to reporters.
Most of these purchase agreements would involve Pfizer and BioNTech, which have already shipped more than a billion doses of their partnered mRNA vaccine worldwide.
Poland is the leading country in this attempt to revise contracts and reduce required orders, Reuters added, as it still has more than 30 million shots in stock and is on the hook to buy another 70 million under contractual agreements. The country has a population of about 38 million, about 60% of whom are fully vaccinated.
Pfizer said it’s made changes to delivery schedules to adapt. But it’s unclear what solution the ministers will be looking for — or how they plan to enforce it.
PureTech is throwing in the towel on efforts to develop its lead drug, LYT-100, for long Covid after a Phase II study suggested there was no treatment effect.
“Early in the Covid-19 pandemic, we identified a potential application for LYT-100 given the hypothesis that inflammation and fibrosis may play a role in prolonging respiratory symptoms experienced by many patients,” CEO Daphne Zohar said in a statement. “We undertook this exploratory study, guided by a desire to address this emerging need, while further expanding the safety and tolerability data for our LYT-100 development program at large.”
What the results do support, according to the company, is continued development in other indications due to its “improved tolerability.”
The trial enrolled 177 patients with the average age of 55 who continued to have respiratory complications following hospitalization for severe acute Covid-19 infection.
For the primary efficacy endpoint, investigators looked at a three-month change from baseline on the six-minute walk test distance, and couldn’t see a difference between drug and placebo.
LYT-100 is a selectively deuterated form of pirfenidone, an anti-inflammatory drug that’s used to treat idiopathic pulmonary fibrosis. PureTech will be starting a registration-enabling program for the same disease later this month.
The Senate health committee on Tuesday advanced its version of the FDA user fee reauthorization bill, which like its House-passed companion, includes new reforms to the agency’s accelerated approval pathway.
By a vote of 13-9, mostly along party lines, the committee advanced its Food and Drug Administration Safety and Landmark Advancements Act (FDASLA) to the full Senate for a vote that will likely occur before the end of September when the current user fee legislation expires. If the user fee legislation isn’t reauthorized by that deadline, the FDA will have to start laying off staff.
Unlock this story instantly and join 143,800+ biopharma pros reading Endpoints daily — and it’s free.
In its quest to resubmit its Alzheimer’s-induced psychosis drug Nuplazid to the FDA following a CRL, Acadia Pharmaceuticals will have to face an advisory committee later this week. And agency officials released their briefing documents ahead of the hearing Wednesday, revealing a mixed bag of opinions.
FDA statisticians found that the data supporting Acadia’s resubmission, which comprises several post-hoc analyses of its previous pivotal trial, did not appear to conclude the drug is effective in Alzheimer’s patients. But Acadia also repositioned an earlier study as the primary focus of the application, and regulators seemed open to considering this new approach.
Unlock this story instantly and join 143,800+ biopharma pros reading Endpoints daily — and it’s free.
Pfizer’s Covid-19 antiviral may end up hauling in more than $20 billion this year, and help keep many vulnerable people out of the hospital. But new data show the pill doesn’t hold up as well in vaccinated people as the unvaccinated.
Updated data from the company’s Phase II/III trial show the antiviral whiffed on its primary endpoint and offered a non-significant 51% relative risk reduction for hospitalization or death, with five of 576 on the pill in the trial ending up in the hospital or dying, compared to 10 out of 569 on placebo. Meanwhile, a sub-group analysis of 721 vaccinated adults with at least one risk factor for progression to severe Covid-19 and who were taking the course of Pfizer pills also failed to reach statistical significance.
Unlock this story instantly and join 143,800+ biopharma pros reading Endpoints daily — and it’s free.
While some countries are in the midst of ongoing negotiations with Covid-19 vaccine suppliers now that the supply of pandemic shots is starting to outweigh demand, Moderna is doubling down on production in a European nation — throwing more than half a billion dollars to start things off.
Moderna is investing 500 million euros into Spain — with the biotech confirming after Spain’s prime minister Pedro Sánchez tweeted out Tuesday.
Public biotechs can still raise money, but it comes with a big caveat: the clinical data must impress.
It appears the market reacted so with Day One Biopharmaceuticals, as the biotech plans to secure $150 million this week in a public offering. The four-year-old company is following a trend of biotechs going straight to the market hours or days after releasing results that outperform expectations and pad the case for a drug’s potential regulatory path.
As the world faces a growing challenge of pathogens resistant to antibiotics, Shionogi and the GARDP have committed to an execution of a license and technology transfer agreement with the Clinton Health Access Initiative (CHAI).
According to Shionogi, the collaboration agreement will aim to increase access to antibiotics for countries around the world, with an emphasis on lower- and middle-income nations. The agreement will focus on cefiderocol, an antibiotic for the treatment of serious Gram-negative bacterial infections.
When Affini-T arrived on the scene a few weeks ago, it had most of the essential elements needed by any biotech upstart.
There were high-profile scientific founders, Phil Greenberg and Aude Chapuis, at the Fred Hutch. A motherlode of cash from ambitious investors like Vida Ventures and Leaps by Bayer. And the building blocks of new drugs to go after oncogenic drivers like KRAS and p53.
And now another piece of the puzzle has snapped into place.
Unlock this article along with other benefits by subscribing to one of our paid plans.
Ali Raza Khaki is a bladder cancer doctor at Stanford. He’s seen five immune checkpoint inhibitors approved as a second line of treatment, but he really only uses one for that indication — pembrolizumab, marketed as Keytruda, since it’s the only one with randomized controlled trial data.
Two of the other inhibitors, AstraZeneca’s Imfinzi and Roche’s Tecentriq, have since had their accelerated approvals for bladder cancer pulled by the FDA (or rather, the Big Pharmas ‘voluntarily withdrew’ them).
The numbers are somewhat in and biotech diversity looks relatively similar to what it has been for years.
A 2021 sampling paints a very limited picture of the industry, with BIO’s third annual diversity report including only 99 respondent companies. Most questions were not or could not be answered by every single organization, meaning many went unanswered, such as insight on board-level demographics.
Bioscience & Technology Business Center
The University of Kansas
Lawrence, Kansas<!–
2029 Becker Drive,
(785) 813-1733 –>
© Endpoints Company 2022
If you’re already an Endpoints subscriber, enter your email below for a magic link that lets you log in quickly without using a password. Please note the magic link is one-time use only and expires after 24 hours.
We’ll e-mail you a link to set a new password. Please note this link is one-time use only and is valid for only 24 hours.
ENDPOINTS NEWS Daily at 11:30 AM ET
EARLY EDITION Daily at 7:15 AM ET
ENDPOINTS PHARMA Daily at 2 PM ET
ENDPOINTS MARKETING RX Tue at 2 PM ET
ENDPOINTS FDA+ Wed at 2 PM ET
ENDPOINTS MANUFACTURING Thu at 2 PM ET
ENDPOINTS WEEKLY Sat at 6 AM ET
Covid-19 roundup: European governments push to renegotiate vaccine contracts — report; As PhII data disappoint, PureTech pulls long Covid program – Endpoints News
