Showing posts with label Biotech start-ups. Show all posts
Showing posts with label Biotech start-ups. Show all posts

Monday, July 25, 2016

5 Boston Biotech Breakthroughs We Could See in 2017

Early this year, Tufts Center for the Study of Drug Development reported that “developing new drugs has become more complex and more expensive than ever.” What is increasing the cost? For one, Tufts CSDD reports, “a typical Phase III protocol now entails an average of 167 procedures” which is 60% more than it was just 16 years ago in 2000. With statistics like these it’s not surprising that 9 out of 10 companies that begin clinical trials never bring a drug to market. However, even with these odds biotech companies are persevering and in some cases thriving, especially in Boston’s Biotech Hub. Boston is a hotbed of discovery and innovation, with startups attracting VC investment and Big Pharma organizations like Merck building new labs here even as they cut teams in other parts of the country. Right now Boston has several promising drugs in the pipeline, with Phase III studies completed and FDA approvals on the horizon. Read about five success stories we could see coming out of Boston biotechs in 2017.

Biotech Week Boston


According to their data, Sarepta Therapeuticsdrug for Duchenne muscular dystrophy (DMD) “Eteplirsen” has been effective in a Phase III clinical study. Because DMD is both rare and serious, Sarepta has been a candidate for a sped up review process from the FDA, however as Robert Weissman from the Boston Globe recently reported an “influential advisory committee” has recommended “to reject its experimental treatment”. Sarepta’s March press release explains: “The FDA has granted Eteplirsen Priority Review status, which is designated for drugs which provide a treatment where no adequate therapy exists. The FDA also granted Rare Pediatric Disease Designation to Eteplirsen, as well Orphan Drug Designation and Fast Track Status.” What does Eteplirsen do? Sarepta explains: “The underlying cause of DMD is a mutation or error in the gene for dystrophin, an essential protein involved in muscle fiber function. Our investigational therapies for DMD are designed to skip an exon in the dystrophin pre-m RNA to enable the synthesis of a functional shorter form of the dystrophin protein.” UPDATE: Boston Business Journal reported the morning of September 19, 2016: "More than six months after its original deadline to make a decision, the U.S. Food and Drug Administration has granted accelerated approval to the first drug in the U.S. that can slow the progression of Duchenne muscular dystrophy."

The action date for FDA review was late May, but the FDA requested more data from Sarepta in June. Sarepta explained the dire need for a Duchenne cure, and how they could potentially meet that need, in their March press release: “It is estimated that Duchenne muscular dystrophy affects approximately one in every 3,500 – 5,000 boys born worldwide, with 13% of people with the disease having mutations addressable by Eteplirsen/exon 51 skipping.” This potential for a cure gives new hope for those affected by this disease, a hope which has been increasingly channeled into activism. Fierce Biotech reported last month that: “Hundreds of patient advocates, patients and families turned out to give their raucous support for an approval during the (FDA) panel review and vote.” In addition, the Washington Post reported that families whose sons have taken Eteplirsen have documented the “apparent halt in their sons' decline” on Facebook and YouTube. Note: since this article was written, biotech Santhera was set back by potentially three years by the FDA decision for them to run another Phase III study for their Duchenne’s drug. The jury is out on how this decision will affect Sarepta’s chances. Matthew Herper of Forbes had this to say on Twitter right after that decision: “I don’t think there is any read-through from Santhera to Sarepta.”

Back in 2013, Robert Weissman reported on this devastating Boston biotech setback: “It took Aveo Pharmaceuticals Inc. seven years to develop a much anticipated kidney cancer drug (Tivozanib). Federal regulators needed only about four hours to crush the company’s hopes.” Three years later, after a corporate restructuring (the SEC has threatened to ban three of its former executives), loss of Biogen and Astellas as research partners, a rebrand as Aveo Oncology and then gain of $17 million in funding, Aveo has given the go ahead from the FDA to begin a Phase III trial of Tivozanib for renal cell carcinoma. What does Tivozanib do? Aveo’s website describes it as: “a potent, selective, long half-life inhibitor of all three vascular endothelial growth factor (VEGF) receptors that is designed to optimize VEGF blockade while minimizing off-target toxicities.” Why blockade VEGF? Aveo explains: “vascular endothelial growth factor (VEGF) pathway plays a significant role in angiogenesis, which is critical in cancer”. With perhaps lessons learned from how they work with the FDA, success may be on the horizon for this drug, eagerly awaited by patients and patient advocates.

In partnership with NSGO (Nordic Society of Gynaecological Oncology), Tesaro just had the first successful Phase III trial of a PARP inhibitor Niraparib (NOVA) for ovarian cancer. Tesaro’s NDA and MDA submissions “are planned for Q4 2016”. Niraparib (BRAVO) is also in a Phase III trial for the treatment of breast cancer. One of the youngest companies of the five on our list, founded in 2010, it is also one of the most successful, with a commercial drug for chemotherapy side effects called Varubi, a $500 million deal with Janssen for commercial use of Niraparib for prostate cancer, and plans to add 100 employees by the end of the year.

Paratek Pharmaceuticals’ website describes their efforts as “working to change how bacterial infections are treated.” Having just received positive results in Phase III trials for Omadacycline, they are poised to fulfill that promise. Paratek believes that Omadacycline will solve a great deal of the issues with the bacterial resistance doctors are increasingly dealing with. Paratek says that Omadacycline is “Active against drug resistant pathogens, including methicillin-resistant Staphylococcus aureus, penicillin-resistant and multi-drug resistant Streptococcus pneumonia da, and vancomycin-resistant Enterococcus species.”

ArQule is currently in two Phase III trials for Tivantinib to treat hepatocellular carcinoma, the most common type of liver cancer, in partnership with Daicchi Sankyo and Kyowa Hakko Kirin. The National Cancer Institute gives a great explanation of what exactly Tivantinib does: ”Tivantinib binds to the c-Met protein and disrupts c-Met signal transduction pathways, which may induce cell death in tumor cells overexpressing c-Met protein or expressing constitutively activated c-Met protein.” In more layman’s terms, it’s a “kinase inhibitor” a type of research in which ArQule specializes, having “eight kinase inhibitors into human clinical trials with a ninth about to enter the clinic.” In late June ArQule was featured by Zack’s Investment Research Firm with the call to action “Forget Valeant, Invest in These Attractive Stocks Instead.”

Two Boston biotechs that may not have an impending breakthrough, but are looking fairly certain (if anything is certain in this biotech world) to have success by 2020, are Alnylam and Boston Biomedical. Andrew McConaghie raved about Alnylam this June in Pharma Phorum, saying it was: “one biotech company which is tipped to deliver on huge expectations, thanks to a rigorous approach to validating its science.” Alynlam proposes to have three drugs approved and another ten in the pipeline by 2020. Alynylam’s core focus is RNAi therapeutics, and Pharma Phorum describes their pipeline as: ” based on targets in the liver, but covering a broad range of diseases; rare genetic diseases, cardiometabolic conditions and hepatic infectious diseases, such as hepatitis B.”

Boston Biomedical’s Napabucasin was just granted Orphan Drug Designation from the FDA in the treatment of gastric cancer this June. Orphan Drug status is given to: “Drugs that are not developed by the pharmaceutical industry for economic reasons but which respond to public health need.” Boston Biomedical is currently in Phase III trials for this drug, which inhibits cancer cell pathways by targeting the STAT3 pathway.

Please follow us on LinkedIn at our company page or on Twitter @BiotechWkBoston for more Boston biotech news and information, and don’t forget to check in every week for our Biotech Week Boston blog series. Biotech Week Boston is happening this October 4-7; you can learn more by clicking the link below.





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Monday, October 26, 2015

"Blowing up the current paradigm": A preview of BIO Europe


By: Leah Kinthaert

On November 2, Iain Dukes, Senior Vice President of Business Development & Licensing, at Merck will be a panelist for BIO-Europe. On that day, BIO-Europe will partner with the Alliance for Regenerative Medicine (ARM) to showcase some of the most innovative companies in the cell therapy and regenerative medicine space. For a preview, you can watch Dukes at BioPharm America 2015 on a panel with others from Boehringer Ingelheim GmbH and Theraclone here. The discussion focused on how there is still a lot of unmet medical need and how Merck and others are advancing the science of immuno oncology quickly with bold investments.

PD-L1 Positivity and Response – "An emerging controversy is the importance of PD-L1 positivity with respect to response. Mercks' view is that there is a clear relationship between PD-L1 positivity and response." Said Dukes.

Data is still emerging – "When one starts looking at combination therapies, the story gets very complicated." Dukes explained. "Going away from traditional, you develop it per tumor type. Checkpoint inhibitors, other than radiation therapy, are the only treatment paradigm that works in multiple tumor types. It really blows up the current paradigm for how one explores drugs for development in cancer."

Check in on Merck – This panel is a great chance to get a follow up from Dukes on what the last few months have had in store for Merck and how they are leveraging advances in immuno-oncology. Beatrice Gerard of Quintiles will be moderating; other panelists include: Michel Detheux of iTeos, Mohamed Ragab of Bristol-Meyers Squibb and Philippe Lopes-Fernandes of Merck-Serono. This interesting mix of individuals representing big pharma and start-ups was a great discussion generator last year and promises to be very informative for both biotech start-ups looking for guidance and R&D looking to fill gaps and bring in innovation.

About Iain Dukes – Iain has more than 20 years of experience in pharmaceutical research, drug discovery, scientific and technology licensing, start-up company leadership, consultant to numerous biotech and venture capital organizations. Before joining Merck, he served as Vice President of External Research and Development at Amgen where he led the External R&D department in identifying, assessing and transacting scientific external licensing opportunities, as well as potential opportunities for academic collaborations and platform technologies. Previously, Iain was President and CEO of Essentialis Therapeutics, a small start-up company, and before that he served as Vice President, Scientific and Technology Licensing at GlaxoSmithKline, where he built a leading licensing organization. At an earlier point, he was the Head of the Ion Channel Drug Discovery Group, and later Head of Exploratory Development in Metabolic and Urogenital Diseases at GlaxoWellcome. Iain pursued initial research training at the University of Leeds, UK, and received his D.Phil. degree from the University of Oxford where he also received a B.A. in Jurisprudence. He was a post-doctoral fellow in the Department of Physiology at the University of Pennsylvania, while simultaneously completing training at Gray’s Inn, UK in anticipation of being called to the Bar.

You can see the description of the cell therapy and regenerative medicine events on November 2 and 4 here. BIO-Europe will be held in Munich, Germany.



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Thursday, October 22, 2015

Reps from Big Pharma and Start-ups Discuss Partnerships


By: Leah Kinthaert

On November 2, Mohamed Ragab, VP, Head of Oncology Search and Evaluation, Business Development, at Bristol-Meyers Squibb returns as a panelist for BIO-Europe. On that day, BIO-Europe will partner with the Alliance for Regenerative Medicine (ARM) to showcase some of the most influential and active companies in the cell therapy and regenerative medicine space. For a preview, you can watch Ragab at BIO-Europe 2014 on a panel with others from Novartis, Innovio and iTeos here. Their discussion focused on how the traditional way companies get funding for their cell therapy and regenerative medicine projects has changed; developing a product, finding a strategic partner and selling the company is no longer the norm. As one panelist said: "There is no blueprint."

Big pharma is really committed to the space – At the event last year, Ragab described what Bristol-Meyers Squibb's goals were: "We work with R&D to fill gaps, and bring in innovation from the outside. We look at early stage companies to complement what we're doing, and those at different stages of development to complement our portfolio."

Criteria for partnership should be transparent – Ragab emphasized Bristol-Meyers Squibb's commitment to transparency, saying: "We communicate (our criteria) very transparently to anyone who comes to us with an opportunity."

Check in on Bristol-Meyers Squibb – This panel is a great chance to get a follow up from Ragab on what 2015 has had in store for Bristol-Meyers Squibb and how they are leveraging advances in immuno-oncology. Beatrice Gerard of Quintiles will be moderating; other panelists include: Michel Detheux of iTeos, Iaian Dukes of MSD and Philippe Lopes-Fernandes of Merck-Serono. This interesting mix of individuals representing big pharma and start-ups was a great discussion generator last year and promises to be very informative for both biotech start-ups looking for guidance and R&D looking to fill gaps and bring in innovation.

About Mohamed Ragab – Dr. Mohamed H. Ragab is the Vice President, Search & Evaluation, Oncology and Business Development with Bristol-Myers Squibb. He received his Master Degree, Radiation Oncology and his Bachelor of Medicine and Surgery from Cairo University School of Medicine. During his 28 year career, Dr. Ragab worked previously at the National Cancer Institute in Egypt, Schering-Plough Pharmaceuticals in the Middle East, and in the United States at Ortho Biotech Products, Pfizer, Inc. and Hoffman-La Roche Inc. Dr. Ragab is on the Board of Trustees for BIO NJ.

You can see the description of the cell therapy and regenerative medicine events on November 2 and 4 here.



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Tuesday, October 20, 2015

Cell Therapy A Focus at BIO-Europe in Munich


By: Leah Kinthaert

On November 2, Michel Detheux, CEO of iTeos Therapeutics returns as a panelist for BIO-Europe in Munich. On that day, BIO-Europe will partner with the Alliance for Regenerative Medicine (ARM) to showcase some of the biggest movers and shakers in the cell therapy and regenerative medicine space. For a preview, you can watch Detheux at BIO-Europe 2014 on a panel with others from Novartis, Innovio and Bristol-Myers Squibb here. Their discussion focused on answering questions such as: "Are there opportunities to remain a company without having to exit?" and - "Is it the endgame to get acquired?"

Is it the endgame to get acquired? – At the event last year, Detheux answered this question by commenting that his company would be running out of funds the following year and that: "If a company like iTeos wants to get access to a large portfolio of different immunotherapies we need to partner quite early stage".

Partnership with Pfizer – In December 2014, iTeos partnered with Pfizer. iTeos gave Pfizer rights to their pre-clinical compounds targeting ID01 and TD02 while Pfizer was to be responsible for the development and commercialization of ID01 and TD02 drug candidates.

Check in on their partnership – Eleven months later, it will be exciting to see how the partnership between iTeos and Pfizer is moving along. Beatrice Gerard of Quintiles will be moderating; other panelists include: Mohamed Ragab, of Bristol Myers-Squibb, Iain Dukes of MSD and Philippe Lopes-Fernandes of Merck-Serono. This interesting mix of individuals representing big pharma and start-ups was a great discussion generator last year and promises to be very informative for both biotech start-ups looking for guidance and R&D looking to fill gaps and bring in innovation.

About iTeos – Based in Gosselies, Belgium, iTeos Therapeutics SA is a private biotechnology company with a focus on developing small-molecule immunomodulators for cancer treatment. Originating from a partnership between the Ludwig Institute for Cancer Research and de Duve Institute at the Université catholique de Louvain, iTeos Therapeutics SA is led by management and research teams with proven track records in tumor immunology, immunotherapy, drug discovery and development. In December 2014, iTeos signed a transformative deal with Pfizer to develop small molecules immunomodulators. In parallel with this strategic partnership, iTeos is now developing a new pipeline of proprietary programs targeting the tumor microenvironment to improve patients outcome. iTeos Therapeutics is focused on the validation and development of "immunomodulatory" molecules with the potential to act in synergy with other cancer therapies to restore immune activity against tumours. The company is interested in three enzymes involved in immunosuppression: an immunosuppressive enzyme expressed by the tumour's stromal cells. An inhibitor of this enzyme is known and its effects on humans have already been studied for other applications. iTeos hopes to begin clinical trials with this molecule by 2014; indoleamine 2,3-dioxygenase (IDO) and tryptophan 2,3-dioxygenase (TDO), for which iTeos will soon be launching a high-speed screening system for identifying inhibitory molecules. The company hopes to develop an immunomodulator from these two enzymes by 2017.

You can see the description of the cell therapy and regenerative medicine events on November 2 and 4 here.



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