News

Netherlands-based AM-Pharma BV has raised new capital of €47 million, enabling it to start plans for a pivotal Phase 3 trial of its therapy for acute kidney injury, a disease with a high mortality rate and no approved pharmacological treatments. The newest financing, which involves a commitment from Cowen Healthcare Investments, brings total proceeds for the Phase 3 programme to €163 million, which will also support preparations for registration.

Switzerland-based AC Immune SA is expecting readouts this year from five clinical-stage products for neurological diseases which will give the first indication of how its multi-compound approach for treating Alzheimer’s disease is faring. Two of the trials are testing a vaccine targeting amyloid-beta in Alzheimer’s disease and Down syndrome. The other three include a vaccine, an antibody and a small molecule drug each directed against tau in Alzheimer’s disease.

Johnson & Johnson Inc has announced the selection of a lead vaccine candidate to test against COVID-19, the disease caused by the coronavirus SARS-CoV-2, and intends to start clinical studies by September at the latest. The first batches of the vaccine could be available for approval under an emergency use regulation by early 2021, the company said on 30 March.

A Phase 3 trial of the Type 2 diabetes drug Farxiga (dapagliflozin), which was being in tested in patients with chronic kidney disease, is to be stopped early on efficacy grounds. This follows a recommendation by the trial’s independent data monitoring committee. Announcing the decision on 30 March, AstraZeneca Plc said the committee had concluded that patients in the trial experienced “overwhelming benefit” from the drug.

The Zolgensma gene therapy for spinal muscular atrophy, which was approved by the US Food and Drug Administration in May 2019, has now received a positive review by the European Medicines Agency. Pending approval by the European Commission, it is expected to be available to treat babies and young children across the EU soon. Spinal muscular atrophy is a rare and often fatal genetic disease that causes muscle weakness and progressive loss of movement.

Llft BioSciences Ltd of the UK has teamed up with King’s College London to create a new version of its cell therapy for cancer which uses a special type of neutrophil to attack solid tumours. The cell therapy is still in preclinical development, but the company will work with the university to develop a new version using induced pluripotent stem cells (iPSCs). It believes the iPSC version will be easier to manufacture and will deliver significant cost savings to patients.

Evotec SE reported 19% higher revenue in 2019 to €446.4 million on the expansion of its drug discovery service business and milestones from its pharma partnerships. The company made a strategic move into biologics during the year with the acquisition of Just Biotherapeutics Inc in the US and also launched a new company to develop cancer therapies based on DNA damage repair.

Silence Therapeutics Plc has entered into a strategic collaboration with AstraZeneca Plc to develop and commercialise small interfering RNA (siRNA) therapeutics for a number of therapeutic areas – reviving a relationship that goes back more than 10 years. The two companies have agreed to develop siRNA molecules, which tell the body to eliminate or ‘silence’ instructions for making disease-causing proteins. These molecules will be directed against cardiovascular, renal, metabolic and respiratory disorders.

Positive data has been reported for the cancer drug Venclexta (venetoclax) in combination with azacitidine chemotherapy in a Phase 3 trial of patients with previously untreated acute myeloid leukaemia (AML), according to the co-developers AbbVie Inc and Roche. The trial, VIALE-A and a second study, VAILE-C, are being conducted in order to confirm an accelerated approval of Venclexta for AML which was issued by the US Food and Drug Administration in 2018.

Pharmaceutical regulators from 17 countries have agreed in principle on the criteria that must be met before developers of candidate vaccines for the coronavirus SARS-CoV-2 start human trials. The officials held a virtual meeting on 18 March, and a summary of their conclusions was released by the European Medicines Agency on 24 March.