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Company
Nexviazyme prescriptions are available at general hospitals
by
Eo, Yun-Ho
Jan 12, 2024 07:05am
Sanofi-Aventis Korea’s Nexviazyme (Avalglucosidase Alfa) Prescriptions for Pompe disease treatment ‘Nexviazyme’ will be available at general hospitals. According to the industry, Sanofi-Aventis Korea’s Nexviazyme (Avalglucosidase Alfa) has recently passed the Drug Committee (DC) of tertiary general hospitals, including Samsung Seoul Hospital, Seoul National University Hospital, Seoul Asan Hospital, Seoul St. Mary's Hospital, and Sinchon Severance Hospital, and other hospitals where Pompe disease treatment is possible. Nexviazyme, developed based on Sanofi’s enzyme replacement therapy ‘Myozyme (avalglucosidase alfa)’ with improvements in usage and dosage, has become the first biobetter to receive preferential drug pricing by the government. In 2016, the government made an announcement regarding preferential drug pricing system, including both biosimilars that demonstrated healthcare enhancements in Korea and biobetters that demonstrated improvements from previously approved biomedicines. According to the announcement, recognizing the challenges in developing biobetters compared to incrementally modified drugs (IMD, synthetic drugs), the pricing of biobetters was set at 100-120% of the pricing of their drug targets (original biological drugs). Utilizing glycoengineering techniques, Nexviazyme has increased the amount of M6P, an important factor in the drug's intracellular uptake, by approximately 15-fold compared to Myozyme. The higher amount of M6P leads to increased drug uptake and improved GAA activity, effectively reducing damage to muscle cells through efficient glycogen breakdown. Moreover, the increased surface M6P enhances immunogenicity, providing safety benefits Pompe disease is a hereditary neuromuscular disorder caused by a deficiency in the enzyme acid alpha-glucosidase (GAA), which is responsible for breaking down glycogen in the muscles. The condition is progressive and can affect individuals of all ages. Left untreated, it can lead to irreversible muscle damage, respiratory and motor function impairment, and even premature death. In the COMET and MINI-COMET studies, enrolling Pompe disease patients, treatment with Nexviazyme demonstrated a 2.43% improvement in forced vital capacity (FVC) compared to Myozyme, with the benefit persisting consistently for up to 97 weeks. In 6 minute-walk test, compared to Myozome, participants administered with Nexviazyme showed a mean distance increase of 30m (4.71%) and demonstrated improvements in the trial’s secondary objectives, including gross motor function, health-related quality of life, and others.
Company
FDA approves BLA for Dong-A ST’s Stelara biosimilar
by
Chon, Seung-Hyun
Jan 11, 2024 05:45am
Dong-A ST announced on the 5th that Accord Biopharma, a subsidiary of Intas Pharmaceuticals, has completed Biologics License Application (BLA) for Stelara biosimilar ‘DMB-3115’ to the U.S. Food and Drug Administration (FDA). The BLA, originally submitted in October 2023, has now been approved by the FDA. FDA accepts BLA for DMB-3115 of Dong-A ST. Dong-A ST and Meiji Seika Pharma will be responsible for R&D of DMB-3115 and exclusively distribute the product to Instas, Accord Biopharma, and Accord Healthcare. The BLA submission was based on the results from quality equivalence testing between Stelara and DMB-3115 conducted in both the United States and Europe. The global Phase 3 clinical trials enrolled patients with moderate to severe chronic plaque psoriasis, and the result demonstrated therapeutic equivalence between DMB-3115 and Stelara. There were no clinically significant differences in safety. Stelara, developed by Janssen, is a treatment for various inflammatory diseases, including plaque psoriasis, ulcerative colitis, Crohn’s disease, and ulcerative colitis. Stelara is a blockbuster biomedicine and has recorded global sales of $17.77 billion (approx. 22 trillion won). DMB-3115 has been under joint development by Dong-A Socio Holdings and Meiji Seika Pharma since 2013. In July 2020, to facilitate more efficient global progress, the development and commercialization rights for DMB-3115 were transferred to Dong-A ST. In July 2021, Dong-A ST finalized a technology transfer agreement with the multinational pharmaceutical company, Instas Pharmaceuticals. Instas acquired exclusive rights for the approval and sales of DMB-3115 in global markets, except for several Asian countries such as Korea and Japan. Instas plans to commercialize DMB-3115 globally via its subsidiaries, Accord Biopharma in the United States and Accord Healthcare in Europe, the United Kingdom, and Canada. Meanwhile, Dong-A ST and Meiji Seika Pharma will be responsible for R&D of DMB-3115 and exclusively distribute the product to Instas, Accord Biopharma, and Accord Healthcare. In July 2023, Accord Healthcare, a subsidiary of Instas, completed submission of BLA for DMB-3115 to the European Medicine Agency. “Based on the proven therapeutic equivalence and safety between DMB-3115 and Stelara, we have successfully submitted the BLA in the United States following our success in Europe,” explained Park Jaehong, R&D President at Dong-A ST. “To fast-track the entry of DMB-115 into global markets, including Europe and the United States, we are fully committed to efficiently completing the remaining procedure in close collaboration with Instas.”
Company
Dong-A ST signs MOU with Israel’s Eleven Therapeutics
by
Son, Hyung-Min
Jan 11, 2024 05:45am
On the 9th, Dong-A ST announced that it had signed a memorandum of understanding (MOU) with Israel-based Eleven Therapeutics to develop an RNA-based gene therapy at the JP Morgan Healthcare Conference in San Francisco, USA. The two companies will conduct joint research to discover targeted RNA therapies for fibrotic diseases using Eleven Therapeutics' platform technology, TERA. The TERA platform leverages massively parallel processes to map the chemical space and reveal the structure-activity relationship (SAR) of RNA molecules using artificial intelligence (AI)/ machine learning (ML) and is being used to discover optimal xRNA drugs. Dong-A ST has selected gene therapy as one of its major areas of focus for its future and has been continuing efforts to expand its R&D capabilities from synthetic drugs - its previous forte - to gene therapy. Founded in 2020, Eleven Therapeutics is an Israeli biotech company that develops xRNA therapies by combining combinatorial chemistry and synthetic biology technologies with artificial intelligence and machine learning. The company received a USD 9 million investment from the Bill and Melinda Gates Foundation as support for the development of its RNA design platform and announced a research partnership with Novo Nordisk to develop RNA therapeutics for cardiovascular diseases using its DELiveri platform technology last summer. In addition to Israel, Eleven Therapeutics has laboratories and offices in Cambridge, UK, and Boston, USA, and has been actively continuing research activities in all three countries. Yaniv Erlich, CEO and co-founder of Eleven Therapeutics said, "We are delighted to be working with DONG-A ST on our journey to address the unmet medical needs in fibrotic diseases. Based on our newly forged partnership, we will work to apply xRNA therapies to various disease areas." Jae Hong Park, President of Research and Development at Dong-A ST, said, "By collaborating with Eleven Therapeutics, we have come one step closer to developing innovative RNA therapies. We will strive to transform into a gene and cell therapy specialty company."
Company
5th JAK inhibitor Jyseleca lands in general hospitals in KOR
by
Eo, Yun-Ho
Jan 11, 2024 05:45am
Another JAK inhibitor can now be prescribed at general hospitals in Korea. According to industry sources, Gilead's Jyseleca (filgotinib) has passed the drug committee (DC) review of major national hospitals and medical institutions like Seoul Asan Medical Center and Hanyang University Hospital. After the drug was approved for reimbursement in November last year, its company is now starting to compete for prescriptions in earnest. Jyseleca was first approved with reimbursement as a treatment for rheumatoid arthritis and moderate-to-severe active ulcerative colitis. Patients eligible for reimbursement are those with either of the conditions and do not respond adequately to or are intolerant to existing treatment, and include those who show inadequate response or are intolerant to TNF-α inhibitors among patients aged 65 years and older. Jyseleca received a conditional reimbursement decision for the rheumatoid arthritis and ulcerative colitis indications from HIRA’s Drug Reimbursement Evaluation Committee in July last year. At the time, DREC judged that reimbursement was adequate if the company accepted a price below than the evaluated amount. Eisai Korea then accepted a price less than 90% of the weighted average price of alternative drugs, and omitted insurance price ceiling negotiations with the National Health Insurance Service and quickly received reimbursement in Korea. JAK inhibitors currently available in Korea include ‘Xeljanz (tofacitinib),’ ‘Olumiant (baricitinib),’ and 'Rinvoq (upadacitinib).’ How well Jyseleca will be able to exert its influence amid these drugs remains to be seen. Meanwhile, Jyseleca (filgotinib) is an adenosine triphosphate (ATP) a competitive and reversible inhibitor that selectively inhibits JAK1. JAK1 is a substance that transmits inflammatory cytokine signals and is considered a major treatment target for rheumatoid arthritis. Some of the recent treatments that were released inhibit JAK2 or JAK3, depending on their mechanism of action, but there is some opinion that both mechanisms are involved in immune cell proliferation and homeostasis regulation, and may cause adverse reactions. The drug's efficacy was demonstrated through Phase III trials, including FINCH1, FINCH2, and FINCH3. In the FINCH1 study, Jyseleca 200mg improved arthritis symptoms by more than 20% at 12 weeks when administered to patients with moderate-to-severe active RA (rheumatoid arthritis) despite continued methotrexate (MTX) treatment.
Company
K-pharma advances in new Alzheimer’s drug discovery
by
Jan 09, 2024 05:50am
New drugs for treating Alzheimer’s disease developed by Korean pharmaceutical companies have entered the late phase of clinical trials, and industry watchers are closely monitoring their potential for commercialization. Aribio has recently submitted an Investigational New Drug (IND) application for its oral treatment candidate AR1001 for Alzheimer’s disease, to eight European countries. Aribio is about to enter the late phase of clinical trials in Europe, following its success in initiating Phase 3 clinical trials in Korea and United States. Additionally, each of the new Alzheimer’s disease drug candidates developed by GemVex, CHA Biotech, and NKMAX has entered Phase 2 clinical trials. The Korean pharmaceutical companies including Aribio (candidate product: AR1001), GemVex (candidate product: GV1001), CHA Biotech (candidate product: CB-AC-02), NKMAX (candidate product: SNK01), Shaperon (candidate product: Nucerin), and Neurorive (candidate product: NR-0701), and others are advancing in new Alzheimer’s drug developments. Aribio entered Phase 3 clinical trials in the United Sates…GemVex has concluded Phase 2 clinical trials in Korea and is preparing for global clinical trials. According to the industry on the 6th, Aribio submitted a European IND application on the 26th of last month for the approval of a global Phase 3 clinical trials called ‘Polaris-AD’ for AR1001. The European clinical trials will enroll 400 patients with early Alzheimer’s disease from eight European countries, including the U.K., France, Germany, Spain, Italy, Denmark, Netherlands, the Czech Republic, and Slovakia. AR1001 utilizes multimodal mechanisms to target the underlying causes of Alzheimer’s disease, such as PDE5 and toxic proteins. In 2022, Phase 3 clinical trials were initiated in the United States, and these trials are recruiting patients and administering the drug at 60 major clinical sites across the United States. Samjin Pharmaceutical holds exclusive sales rights for AR1001 in Korea. Samjin Pharmaceutical and Aribio have signed a joint development of Phase 3 trials in Korea, as well as the exclusive sales rights for the domestic market. Both companies are currently conducting Phase 3 trials in Korea. In Phase 2 clinical trials, AR1001 demonstrated therapeutic effects in patients with elevated levels of blood pTau-181, a significant factor associated with Alzheimer’s disease. Additionally, the AR1001 10mg cohort demonstrated a decrease in cognitive decline compared to the placebo group, while the AR1001 30mg cohort demonstrated enhancements in cognitive abilities related to pattern recognition. GemVex is currently developing GV1001, a candidate multimodal treatment for Alzheimer’s disease. GV1001 has successfully concluded the Korean Phase 2 clinical trials and is preparing for global Phase 2 clinical trials. GV1001 binds to the Gonadotropin-releasing hormone receptor (GnRHR) expressed in microglia and astrocytes, effectively suppressing neuroinflammation. By binding to GnRHR, present on these two cell types, GV1001 functions as a cytokine that modulates brain immune responses. GemVex will conduct simultaneous clinical trials in seven European countries using the Phase 2 clinical trials IND application submitted to the FDA. The clinical trials will evaluate the therapeutic effects and safety of the drug with 185 moderate to severe patients administered with doses of 0.56 mg and 1.12 mg over 52 weeks. CHA Biotech is conducting Phase 1/2a clinical trials for its new drug candidate CB-AC-02. CB-AC-02 is a stem cell therapy utilizing placenta-derived mesenchymal stem cells and is under development using mass culture and cryopreservation techniques. NKMAX is currently developing the cell therapy SNK01 through its subsidiary NKGen Biotech. The company has successfully completed the drug administration to patients enrolling in the Phase 1/2a clinical trials. SNK01 is designed to recognize and eliminate reactive T cells and damaged neurons, thereby reducing neuroinflammation and improving the overall brain immune system. In the Phase 1 clinical trials conducted in Mexico, NKGen Biotech’s SNK01 demonstrated the therapeutic effects in patients with moderate to severe Alzheimer’s disease. Three out of ten patients who were administered SNK01 showed improved symptoms in the AD Composite Score (ADCOMS), while six patients showed no change without further deterioration. Furthermore, the FDA has granted permission to continue the Phase 1/2a clinical trials without requiring preclinical trials, based on the results obtained from the Mexico Phase 1 clinical trials. Neurorive and Shaperon, completing pre-clinical trials, aim to enter a late phase of clinical trials. Shaperon is developing NuCerin for treating patients with moderate to severe Alzheimer’s disease. NuCerin is designed to inhibit microglia and TNF-α production and under development to alleviate neuroinflammation. NuCerin is currently in the Korean Phase 1 clinical trials. Nucerin demonstrated no Dose Limiting Toxicities (DLT) up to the third level of dosage during the trial, following a dose escalation design. Additionally, Shaperon signed a technology transfer contract with Kukjeon Pharmaceutical in March 2021. Neurorive is currently conducting Korean Phase 1 clinical trials for their candidate product NR-0701. NR-0701 utilizes acetylcholinesterase and phosphodiesterase (PDE) inhibitors, which are the active ingredients found in medications like Donepezil, used for Alzheimer’s disease, and Viagra, respectively. Through this mechanism, Neurorive aims to achieve effects that are comparable to increased therapeutic effects of Alzheimer's disease drug Donepezil while simultaneously reducing the toxicity associated with Viagra-class drugs, maximizing neurotransmission capacity.
Company
GC Biopharma says its ‘Shingrix vaccine shows effect in P2T
by
Lee, Seok-Jun
Jan 09, 2024 05:49am
GC Biopharma (CEO Eun-cheol Heo) today announced positive Phase 2 results for its shingles vaccine, CRV-101 (ingredient name amezosvatein),’ which is being developed by its U.S. partner Curevo Vaccine. The data represent top-line results from a head-to-head comparison of GSK's market-leading shingles vaccine, Shingrix, and CRV-101, which meets all primary endpoints and demonstrated non-inferiority and superior tolerability to GSK’s shingles vaccine Shingrix. To evaluate the immunogenicity and safety of CRV-101, Curevo Vaccine inoculated 876 healthy adults aged 50 years and older with two different vaccines, at 2-month intervals, as the second booster shot. The results showed that CRV-101 met its primary endpoint, demonstrating non-inferiority to Shingrix through humoral immune responses. The Vaccine Response Rate (VRR) for CRV-101 was 100%, compared to 97.9% for Shingrix. The Phase 2 results provided a basis for dose selection, which Curevo plans to build upon to initiate a Phase 3 study later this year. CRV-101 is a premium herpes zoster vaccine developed by genetic recombination with an immune-boosting adjuvant. It is designed to induce an optimal immune response with a low risk of side effects. According to the global market research firm Evaluate Pharma, the global market for shingles vaccines is expected to reach $5.85 billion by 2028, including the U.S. market.
Company
Recent tech export deals boast record-high upfront payments
by
Chon, Seung-Hyun
Jan 09, 2024 05:49am
Since the end of last year, Orum Therapeutics, Chong Kun Dang Pharmaceutical (CKD Pharm), LegoChem Biosciences, and others have successfully secured large-scale technology transfer agreement with an upfront payment of 100 billion won. Out-licensing contracts with upfront payment scale over 10% of the total contract value have been on the rise due to the high value of technology exports for new drugs. According to the industry on the 9th, LG Chem signed a technology transfer agreement with Rhythm Pharmaceuticals on the 5th for a rare obesity drug candidate LB54640. Under the agreement, Rhythm Pharmaceuticals will acquire the global development and sales rights of LB54640. LB54640 is the world's first oral MC4R agonist, and the results of its Phase 1 clinical trials have shown a dose-dependent trend in weight loss and safety. LB54640 successfully completed Phase 1 clinical trials and commenced Phase 2 clinical trials in October. Rhythm Pharmaceuticals will acquire the rights to LB54640 and continue its development. Under the agreement, the price for technology transfer amounts up to $305 million (about 400 billion won), including the upfront payment of $100 million (approx. 130 billion won). The upfront payment of $100 million is the third-largest in technology transfer agreement for a new drug signed by a Korean pharmaceutical firm. Recently, in the technology transfer agreements of pharmaceutical and biotech firms (including Hanmi Pharm, SK Biopharmaceuticals, LG Chem, LegoChem Biosciences, Orum Therapeutics, Chong Kun Dang Pharm, and others), upfront payments have been a substantial component of the total contract value. (Source: Financial Supervisory Service, Pharma companies) The highest record of upfront payment for technology transfer agreements is held by Hanmi Pharm. In Nov. 2015, Hanmi Pharm signed a technology transfer agreement for three new diabetes drugs with Sanofi, which initially involved an upfront payment of approximately EUR 400 million. The contract was later revised, reducing the upfront payment to EUR 204 million, but it still stands as the highest upfront payment in such agreements. Hanmi Pharm also holds the record for the second-highest upfront payment with $105 million in an agreement with Johnson & Johnson’s Janssen for its obesity drug in 2015. The upfront payment of $100 million in a technology transfer agreement between SK Biopharmaceuticals and Arvelle Therapeutics for cenobamate, an anti-epileptic drug, ranks third to date. Recently, LG Chem also secured the third in rank with an upfront payment of $100 million in a technology transfer agreement for a new drug, LB54640. The technology export contracts that were finalized since the end of last year have ranked among the top contracts in terms of upfront payments. Orum Therapeutics signed a technology transfer agreement with BMS for the new candidate product ORM-6151 in Nov. 2023. The total contract value was set at a maximum of $180 million, which included the upfront payment of $100 million. ORM-6151 is a candidate product developed utilizing the antibody-based protein degradation platform of Orum Therapeutics. It has received approval for Phase 1 clinical trials from the U.S. Food and Drug Administration (FDA) as a potential treatment for myeloid leukemia and high-risk myelodysplastic syndromes. LegoChem Bio also finalized a technology transfer agreement with an upfront payment of $100 million. In December of the previous year, LegoChem Bio signed a technology transfer agreement with Janssen Biotech for the development and commercialization of "LCB84." The contract included an upfront payment of $100 million (approx. 130 billion won), an additional $200 million (approx. 260 billion won) payment for the exclusive development rights, and further milestone payments linked to development, approval, and commercialization, amounting to a total of up to $1.7 billion (approximately 2.24 trillion won). LCB84 is an Antibody-Drug Conjugate (ADC) drug that combines LegoChem Bio's next-generation ADC platform technology with the Trop2 antibody technology acquired from Mediterranea Theranostic. CKD Pharm signed a technology transfer agreement with Novartis for the new drug candidate CKD-510 in Nov. 2023. The non-refundable upfront payment for this agreement was $80 million, ranking seventh to date. Including milestones of $1.225 billion based on development and approval stages, the total contract size amounts up to $1.35 billion. CKD-510 is a new drug candidate developed by CKD Pharm, utilizing a highly selective non-hydroxamic acid (NHA) platform technology-based HDAC6 inhibitor. Recently, in the technology transfer agreements of pharmaceutical and biotech firms, upfront payments have been a substantial component of the total contract value. LG Chem's LB54640 technology transfer agreement had an upfront payment that accounted for 32.8% of the total contract value, which is a significantly higher proportion than the usual practice where upfront payments typically do not exceed 10% of the total contract value. LG Chem explained that this high value reflects the positive assessment of LB54640's growth potential by their technology transfer partner. Orum Therapeutics received an upfront payment of $100 million, which accounted for 55.6% of the total contract value in their technology transfer agreement with BMS last year. However, Orum Therapeutics' technology transfer involved the transfer of a new drug candidate, which contributed to the larger upfront payment. Typically, pharmaceutical companies receive milestone payments based on the progress of development in technology transfer agreements. In this case, Orum Therapeutics chose to transfer rights and received a larger upfront payment. Hanmi Pharmaceutical's technology transfer agreement with Sanofi for three diabetes drugs, holding the record for the highest upfront payment, had an upfront payment representing 10.3% of the total contract value. However, Hanmi Pharmaceutical and Sanofi's technology transfer agreement saw a reduction in contract size through a revised contract, with the upfront payment ratio decreasing to 7.2%. In 2015, Hanmi Pharmaceutical's technology transfer to Janssen for an obesity and diabetes treatment recorded a high upfront payment ratio of 11.5%. Despite being in the early stages of development, the technology transfer partner assessed the candidate substance with high value. In 2019, SK Biopharmaceuticals entered into a technology transfer agreement with Arvelle Therapeutics for cenobamate, and the upfront payment representing 18.9% of the total contract value. At that time, cenobamate was already in the process of FDA review in the United States, indicating a high likelihood of commercialization, which contributed to the substantial upfront payment in the agreement. The proportion of upfront payments to the total contract value for CKD Pharm and LegoChem Biosciences accounted for 6.1% and 5.9%, respectively. The analysis suggests that the high upfront payments were made because the partnering companies have made positive assessments of new drugs, even though they are in the early stages of clinical trials.
Company
K-pharma to participate in J.P. Morgan Healthcare Conference
by
Jan 08, 2024 06:09am
The J.P. Morgan Healthcare Conference is scheduled to take place in San Francisco, the U.S., from Jan. 8-11. (screen captured from J.P. Morgan homepage)# Korean pharmaceutical and biotech firms are fully prepared to attend the J.P. Morgan Healthcare Conference, the first international event of the year. The spotlight is on what accomplishments Korean pharmaceutical and biotech firms might achieve at this event, where they will join global companies to discuss large-scale technology transfers and partnership agreements. According to the pharmaceutical and biotech firms on the 4th, companies participating in the J.P. Morgan Healthcare Conference include Yuhan Corporation, Hanmi Pharm, Dong-A ST, and SK Biopharmaceuticals. Companies such as Samsung Biologics and Lotte Biologics, with plans to expand their contract development and manufacturing organization (CDMO) businesses, will also participate in the J.P. Morgan Healthcare Conference to share their mid-to-long-term business strategy. The J.P. Morgan Healthcare Conference, hosted by U.S. investment bank J.P. Morgan, is the biopharmaceutical industry’s premier investment event that brings together global investors, including venture capital (VC) and hedge funds. The event is scheduled to take place in San Francisco, the U.S., from Jan. 8-11. Pharmaceutical industry aiming for global entry showcases R&D achievements in the New Year. Yeul-Hong Kim, R&D President of Yuhan Corporations, and Donghoon Lee, CEO of SK Biopharmaceuticals, will present in the Asia-Pacific (APA) session. Yuhan Corporation#Yuhan Corporation will showcase its key pipelines, including Leclaza (ingredient: Lazertinib), a new drug for treating non-small cell lung cancer (NSCLC). Currently, Leclaza has submitted a new drug application with the U.S. Food and Drug Administration (FDA) to be used in combination with Rybrevant. In December of last year, Johnson & Johnson (J&J) submitted an application for its combination therapy to be used as a first-line treatment of EGFR-positive NSCLC. The recent submission is based on results from the Phase 3 MARIPOSA clinical study, which tested the effectiveness of the combination therapy of Rybrevant and Leclaza compared to existing Tagrisso monotherapy. Yuhan has reached an agreement with Johnson & Johnson (J&J) for the technology transfer of Leclaza following discussions in the J.P. Morgan Healthcare Conference. The contract was initiated in 2018, and both companies have since engaged in joint research. SK Biopharmaceuticals#SK Biopharmaceuticals will showcase its achievements with Xcopri (cenobamate), a new medication for epilepsy. Xcopri achieved a monthly total prescriptions (TRx) of 22,000 in the U.S. last year. SK Biopharmaceuticals aims to optimize the sales performance of Xcopri in the North American market. Additionally, SK Biopharmaceuticals will unveil its plan to advance in targeted protein degradation (TPD), cell and gene therapy (CGT), and radiopharmaceutical therapy (RPT) as part of its strong growth engine. Hanmi Pharm#Hanmi Pharm will showcase its entire pipelines, which includes HOP (Hanmi Obesity Pipeline). Hanmi is actively conducting clinical development of Efpeglenatide, a new drug candidate designed for the treatment of obesity and non-alcoholic fatty liver disease (NAFLD). The candidate drug has a multifaceted mechanism of action, activating glucagon, which increases energy metabolism, Glucagon-like peptide-1 (GLP-1), which stimulates insulin secretion and reduces appetite, and GIP receptor, which stimulates insulin secretion and promotes anti-inflammatory signaling. Additionally, Hanmi’s Efinopegdutide is a dual-action treatment that simultaneously activates both the GLP-1 receptor, which helps to suppress insulin secretion and appetite, and the glucagon receptor, increasing energy metabolism. Hanmi licensed out efinopegdutide to MSD in August 2020. Dong-A ST#Dong-A ST is expected to participate in the event, with representatives from its research center and business development team attending. They will be focusing on strategizing agendas, networking, and exploring partnering with global pharmaceutical companies during the event Dong-A ST’s DBM-3115, a biosimilar referencing Stelara, is likely to receive European approval by next year. The company has successfully completed its global Phase 3 clinical trials, demonstrating therapeutic equivalence between DBM-3115 and Stelara, and submitted its application for approval to the European Medicines Agency (EMA) in June of last year. Additionally, Dong-A ST is preparing the U.S. Food and Drug Administration (FDA) approval next year. Through its subsidiary NeuroBo Pharmaceuticals, Dong-A ST is also developing the obesity treatment DA-1726. Recently, Neurobo submitted a global Phase 1 Investigational New Drug (IND) to the U.S. Food and Drug Administration (FDA) for the development of DA-1726 as an obesity treatment. The preclinical research results have demonstrated that DA-1726 exhibited significant weight loss effects, even with a similar food intake to GLP-1 analog semaglutide, in animal models of obesity. Samsung Biologics and Lotte Biologics to promote CDMO, and Celltrion plans to present key biosimilar pipelines. Samsung Biologics#Samsung Biologics will present its achievements from last year and its plans for the future in the main track on the 9th. Samsung Biologics plans to establish manufacturing facilities for Antibody-Drug Conjugate (ADC) production starting this year, following its investment in Araris Biotech, a company focused on the development of ADC therapies, through the Life Sciences Fund it established with Samsung C&T in April of this year. Lotte Biologics#Lotte Biologics plans to promote its contract development and manufacturing organization (CDMO) capabilities at this conference. Lotte Biologics plans to expand its ADC facility within the Syracuse factory in the United States. Following this expansion, the company will offer contract services for the entire process of ADC-related pharmaceuticals, from product development to commercial production. The company's strategy involves targeting both domestically developed new drug candidates and new drugs from multinational pharmaceutical companies as CDMO customers. Lotte Biologics is also expressing interest in ADC. In addition to last year's investment in the ADC specialist company Pino Bio, Lotte Biologics has signed a business agreement with KANAPH Therapeutics for the establishment of an ADC technology platform. Celltrion#Celltrion is set to present its key pipelines, including biosimilars, during the main track of the conference on the 10th. Zymfentra received approval as a biosimilar subcutaneous (SC) product referencing Remsima inn October of the previous year. Celltrion is anticipating approval for several biosimilars, including CT-P41, referencing Prolia, CT-P39, referencing Xolair, CT-P43, referencing Stelara, CT-P42, referencing Eylea. These four candidate products demonstrated non-equivalence compared to the original medicine in the Phase 3 clinical trials. SK Biosciences#SK Biosciences has received officially invitations for one-on-one meetings with investors. As part of its efforts to enhance the global competitiveness of its CDMO products, the company is currently establishing a global R&D center in Incheon, Songdo. SK Biosciences has a mid-to-long-term plan to expand its CDMO business not only in traditional vaccine platforms but also in new platforms such as mRNA (messenger ribonucleic acid) and CGT (cell and gene therapy). This strategy aims to secure new sources of growth for the company. Biotech venture companies such as GI Innovation, ABL Bio, and SyntekaBio will be attending. The J.P. Morgan Healthcare Conference is scheduled to take place in San Francisco, the U.S., from Jan. 8-11. (screen captured from J.P. Morgan homepage)0#GI Innovation will attend the conference to promote its pipelines under development. GI Innovation is currently conducting the Phase 1 clinical trial of evaluating the effectiveness of the combination therapies of new drug candidate GI-101, a potential anti-cancer immune drug, and MSD’s Keytruda in the U.S. The company aims to acquire indication in solid cancer, including biliary tract cancer. The company is assessing the potential for commercialization of combination therapies with various anti-cancer immune drugs, including Keytruda, and is also exploring combination therapies with AstraZeneca's Imfinzi (durvalumab) and other drugs. The J.P. Morgan Healthcare Conference is scheduled to take place in San Francisco, the U.S., from Jan. 8-11. (screen captured from J.P. Morgan homepage)1#ABL Bio will also participate in the event and share its achievemnets on developments of new drug candidates. ABL Bio is currently developing ADC product candidates ABL201, a candidate to treat blood cancer, and ABL202, a candidate to treat solid cancer. ABL Bio has achieved a successful technology transfer of ABL201 to LegoChem Biosciences, a biotech venture company. Additionally, ABL202 is currently in development, incorporating LegoChem’s ADC linker technology. The J.P. Morgan Healthcare Conference is scheduled to take place in San Francisco, the U.S., from Jan. 8-11. (screen captured from J.P. Morgan homepage)2#SyntekaBio will participate in BioPartnering Conference and Biotech Showcase in the J.P. Morgan Healthcare Conference. The company will showcase its artificial intelligence (AI)-based new drug platform, called DeepMatcher, and explore partnering opportunities with new clients.
Company
LG Chem transfers its rare obesity drug rights for KRW 130B
by
Kim, Jin-Gu
Jan 08, 2024 06:09am
LG Chem announced on the 5th that it had licensed out its new drug candidate that targets a rare genetic disease characterized by severe appetite control dysfunction to the U.S-based Rhythm Pharmaceuticals. The agreement, which amounts to USD 350 million (KRW 400 billion), includes an upfront payment of USD 100 million (KRW 130 billion). Upon successful commercialization, the company will receive separate sales royalties based on annual sales. The candidate targets a rare form of obesity. This form of rare obesity is characterized by abnormalities in appetite control due to defects in the pathway of the satiety signaling gene, ‘MC4R (Melanocortin-4 Receptor),’ resulting in persistent and severe obesity. Its symptoms typically appear in childhood. LB54640 is the world's first orally administered MC4R agonist, and LG Chem has confirmed its dose-dependent weight loss tendency and safety through a Phase 1 trial. Based on the Phase I trial results, the company entered Phase 2 clinical trials in the U.S. in October last year in patients with rare forms of obesity. Rhythm Pharmaceuticals plans to take over the trials and begin recruiting patients in earnest in the near future. LG Chem expects the partnership to accelerate the development of LB54640 and the provision of a more convenient treatment option for the patients. Recruiting patients is one of the biggest challenges for orphan drugs, and LG Chem expects the technology transfer agreement with Rhythm Pharmaceuticals, which invests a lot of resources in identifying potential patients, will support more efficient development. Rhythm Pharmaceuticals was founded in 2010 in Boston, USA. It was listed on the NASDAQ in 2017. It successfully developed and commercialized the world's first MC4R agonist, IMCIVREE (setmelanoatide), and established itself as a leading company in the global rare obesity drug market. Jee-woong Son, Head of LG Chem’s life sciences division, said, "Rhythm Pharmaceuticals is the right partner for the successful development of LB54640. We will actively collaborate with our partner to promptly provide safer and more effective new drugs to patients suffering from rare obesity worldwide.” David Meeker, CEO of Rhythm Pharmaceuticals, said, "The results from LG Chem's Phase 1 study of LB54640 confirm the candidate’s potential as a novel drug with a high level of safety. The collaboration will allow us to expand our portfolio of rare obesity drugs and provide each patient with an optimal treatment option fit to their needs."
Company
Trodelvy can be prescribed at general hospitals in KOR
by
Eo, Yun-Ho
Jan 08, 2024 06:09am
Another new antibody-drug conjugate drug for breast cancer, ‘Trodelvy,’ can now be prescribed at general According to industry sources, Gilead Science Korea’s triple-negative breast cancer (TNBC) treatment ‘Trodelvy (sacituzumab govitecan-hziy)’ has recently passed the drug committee review of Seoul Asan Medical Center. In addition, landing procedures for the drug are also underway at tertiary hospitals such as Samsung Medical Center, Seoul National University Hospital, and Sinchon Severance Hospital. Trodelvy passed the Health Insurance Review and Assessment Service's Cancer Disease Review Committee in November last year and is currently awaiting review by the Drug Reimbursement Evaluation Committee. Gilead has also been offering an early access program for non-reimbursed prescriptions since last month. Although a number of treatment options target novel mechanisms and genes have been introduced for TNBC until now, none of them have been approved for reimbursement in Korea as of yet. Another ADC, ‘Enhertu (trastuzumab deruxtecan)’ passed the CDDC review in May, but its reimbursement agenda has not been presented for deliberation to the DREC until now. Whether Trodelvy will be able to overcome the difficulties and succeed in being reimbursed in Korea remains to be seen. Trodelvy is an antibody-drug conjugate (ADC) that consists of a monoclonal antibody that binds to the cell surface antigen Trop-2 and ‘SN-38,’ a TOP1 inhibitor payload. The drug received approval from the Ministry of Food and Drug Safety in May to treat adult patients with unresectable locally advanced or metastatic triple-negative breast cancer (mTNBC) who have received at least two prior therapies, including at least one prior therapy for metastatic disease. Trodelvy is the only non-cytotoxic chemotherapy approved as a second line or higher line of treatment for the entire TNBC patient population in Korea and can be used regardless of genetic mutations or biomarkers. The National Comprehensive Cancer Network (NCCN) guidelines recommend Trodelvy as a Category 1 preferred treatment option for adult patients with metastatic TNBC who have received prior treatment. Trodelvy’s clinical efficacy was confirmed through the Phase III ASCENT study. In the study, Trodelvy significantly reduced the risk of death by 49% compared with a treatment of physician’s choice (TPC) in patients with unresectable locally advanced or metastatic triple-negative breast cancer (mTNBC) who have received two or more prior systemic therapies, at least one of them for metastatic disease. Also, the Trodelvy arm showed a 57% improvement in progression-free survival (PFS). These effects were observed regardless of the patient’s brain metastasis status.
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