Orchard Therapeutics announces historic agreement making Libmeldy available by NHS England for MLD patients

On February 3, 2022 Orchard Therapeutics (Nasdaq: ORTX), a global gene therapy leader, reported it has reached an agreement with the National Health Service (NHS) that enables access to Libmeldy (atidarsagene autotemcel) for all children with metachromatic leukodystrophy (MLD) in England and Wales who fall within the scope of the European marketing authorization (Press release, UCLB, FEB 3, 2022, View Source [SID1234607796]). The agreement coincides with publication of the positive National Institute for Health and Care Excellence’s (NICE) final evaluation determination, which recognized the clinical impact and economic benefit of Libmeldy according to the institute’s Highly Specialized Technologies (HST) process. In addition, the company announced the first two commercially treated patients in Germany and France under reimbursement mechanisms for early access. A third patient from the Middle East was referred for international reimbursed treatment abroad in Italy.

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"Today’s landmark agreement with NHS England follows a thoughtful and comprehensive value assessment by NICE and represents a major milestone for the MLD community, Orchard, and the entire field of HSC gene therapy," said Professor Bobby Gaspar, M.D., Ph.D., chief executive officer of Orchard Therapeutics. "We are delighted that NICE and NHS England have recognized the transformational clinical impact and significant economic value of Libmeldy for eligible MLD patients, and thank the leading clinicians and advocates involved for their tireless engagement throughout the process. A deep body of evidence now points to the potential for durable effects in HSC gene therapy for certain severe genetic diseases including MLD. I am grateful for the opportunity we have at Orchard to commercially scale the reach of our therapeutic approach for patients in need—starting with MLD."

MLD is a rare, rapidly progressing, irreversible and fatal genetic disorder caused by a mutation in the arylsulfatase-A (ARSA) gene that results in the accumulation of fats called sulfatides in the brain, peripheral nerves, and other areas of the body, including the liver, gallbladder and kidneys. Over time, the nervous system is damaged, and children with MLD experience neurological problems such as motor, behavioral and cognitive regression, severe spasticity and seizures. In its most severe form, children quickly lose the ability to walk, talk and interact with the world around them. The majority of these children pass away before adolescence. Libmeldy is the only one-time gene therapy intended to correct the underlying cause of MLD in eligible patients approved in Europe. In clinical studies, Libmeldy resulted in sustained, clinically relevant benefits in children with early-onset MLD by preserving cognitive function and motor development in most patients.

"MLD causes catastrophic physical suffering for affected children and places immense physical, emotional and financial burden on their families," said Georgina Morton, chairperson of ArchAngel MLD Trust. "Previously, there was a dearth of treatment options for this condition, which was mainly managed using supportive care. Our community is deeply appreciative of the NHS and NICE for recognizing the significant medical need in MLD and paving the way for eligible children in England and Wales to now have access to this important therapy. As advocates we are now turning our sights to advancing newborn screening for MLD in order to help as many future MLD affected patients as possible."

Updates on Commercial Momentum in Europe
Since the European Commission approval of Libmeldy, Orchard Therapeutics has continued to build its commercial infrastructure in the region to support patient identification and treatment efforts. Recently, the first two commercially treated patients were infused with Libmeldy at Tübingen University Hospital and the Hôpital Debré in Paris, two of the treatment centers qualified to administer the therapy. Both patients are being treated under reimbursed early access arrangements available in the respective countries while final reimbursement negotiations are ongoing with national authorities. In addition, through the company’s commercial partnership with Genpharm, a patient from the Middle East has been identified and referred for reimbursed international treatment abroad at Ospedale San Raffaele in Milan, Italy.

To continue identifying eligible patients in the appropriate treatment window, the company has launched a newborn screening pilot in Germany and is planning additional screening initiatives in other European countries, including Italy, the UK, Spain and France, while it continues to work with its clinical partners to support additional ongoing diagnostic and disease education initiatives throughout the region.

"The early launch momentum we’re experiencing with Libmeldy in Europe is very encouraging and confirms the company’s strategy to focus on areas of significant need where we believe our HSC gene therapy platform approach has distinct therapeutic potential," said Braden Parker, chief commercial officer of Orchard Therapeutics. "We are pleased with the agreement we’ve reached with NHS and are committed to working closely and urgently with governments, health authorities and payers in other European countries to enable access for eligible young children in those localities who may benefit from this therapy. These efforts coincide with the fact that for the first time ever eligible children with MLD have received treatment with Libmeldy in the European commercial setting, with another patient in the process of referral and treatment. Our team has worked diligently alongside our partners to reach this moment. I am incredibly proud of their collective efforts and look forward to the next steps in our company’s commercial journey."

About MLD
MLD is a rare and life-threatening inherited disease of the body’s metabolic system occurring in approximately one in every 100,000 live births. MLD is caused by a mutation in the arylsulfatase-A (ARSA) gene that results in the accumulation of sulfatides in the brain and other areas of the body, including the liver, gallbladder, kidneys, and/or spleen. Over time, the nervous system is damaged, leading to neurological problems such as motor, behavioral and cognitive regression, severe spasticity and seizures. Patients with MLD gradually lose the ability to move, talk, swallow, eat and see. In its late infantile form, mortality at five years from onset is estimated at 50 percent and 44 percent at 10 years for juvenile patients.i

About Libmeldy / OTL-200
Libmeldy (atidarsagene autotemcel), also known as OTL-200, has been approved by the European Commission for the treatment of MLD in eligible early-onset patients characterized by biallelic mutations in the ARSA gene leading to a reduction of the ARSA enzymatic activity in children with i) late infantile or early juvenile forms, without clinical manifestations of the disease, or ii) the early juvenile form, with early clinical manifestations of the disease, who still have the ability to walk independently and before the onset of cognitive decline. Libmeldy is the first therapy approved for eligible patients with early-onset MLD.

The most common adverse reaction attributed to treatment with Libmeldy was the occurrence of anti-ARSA antibodies. In addition to the risks associated with the gene therapy, treatment with Libmeldy is preceded by other medical interventions, namely bone marrow harvest or peripheral blood mobilization and apheresis, followed by myeloablative conditioning, which carry their own risks. During the clinical studies, the safety profiles of these interventions were consistent with their known safety and tolerability.

For more information about Libmeldy, please see the Summary of Product Characteristics (SmPC) available on the EMA website.

Libmeldy is approved in the European Union, UK, Iceland, Liechtenstein and Norway. OTL-200 is an investigational therapy in the U.S.

Libmeldy was developed in partnership with the San Raffaele-Telethon Institute for Gene Therapy (SR-Tiget) in Milan, Italy.

Galapagos receives transparency notification from EcoR1 Capital

On February 3, 2022 Galapagos NV (Euronext & NASDAQ: GLPG) reported that it received a new transparency notification from EcoR1 Capital, LLC (Press release, Galapagos, FEB 3, 2022, View Source [SID1234607790]).

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Pursuant to Belgian transparency legislation1, Galapagos received a transparency notification on 2 February 2022 from EcoR1 Capital LLC, who notified that it holds 3,407,246 of Galapagos’ voting rights, consisting of 211,622 ordinary shares and 3,195,624 American Depository Receipts. EcoR1 Capital LLC, controlled by Mr. Nodelman, controls investment funds EcoR1 Capital Fund Qualified LP and EcoR1 Capital Fund LP, which all together hold 3,407,246 of Galapagos’ voting rights. This represents 5.2% of Galapagos’ currently outstanding 65,552,721 shares. EcoR1 Capital LLC thus crossed above the 5% threshold of Galapagos’ voting rights by acquisition of voting securities on 27 January 2022. The full transparency notice is available on the Galapagos website.

Roche reports good results in 2021

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Eli Lilly nixes Verzenio’s phase 3 HER2-positive early breast cancer trial

On February 3, 2022 Eli Lilly reported that it has made the "difficult decision" to cull a phase 3 study of Verzenio in HER2-positive early breast cancer, Dan Skovronsky, M.D., Ph.D., chief scientific and medical officer at Lilly, said on a call with investors Thursday (Press release, Eli Lilly, FEB 3, 2022, View Source [SID1234607767]).

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Details were slim, but Skovronsky blamed the decision on changes in the treatment landscape plus global enrollment challenges.

"Importantly, this decision does not change our commitment to an investment in breast cancer," Lilly’s chief scientist said.

News of the Verzenio trial halt comes a week after Lilly announced it was pulling the plug on Olumiant’s development in lupus. Separately, Olumiant’s application in moderate-to-severe atopic dermatitis could be in jeopardy, thanks to a stalemate with the FDA about the exact patient population, the company said last week. Lilly expects regulatory action on Olumiant’s eczema bid "very soon," Skovronsky said Thursday.

RELATED: CMS’ Biogen decision could spell problems for Lilly, Roche Alzheimer’s drugs, half of surveyed neurologists say

During the call, Lilly shed more light on Olumiant’s regulatory impasse in eczema. Lilly believes Olumiant benefits eczema patients most when used in early treatment, Patrik Jonsson, SVP and president of Lilly immunology and president of Lilly USA, said on the call. The FDA, conversely, "currently has the position of saving Olumiant for the refractory patients, where we see the incremental value of Olumiant to be quite limited."

If that doesn’t change, a complete response letter is likely, Jonsson said.

Lilly has also submitted Olumiant for approval in alopecia, though an analyst on Wednesday’s call questioned whether safety concerns around the JAK-inhibitor class at large could blunt the drug’s ambitions there. Lilly simply said it was "encouraged" by the data it’s seen so far, and it highlighted the immense opportunity in the disease.

"There are currently no treatments approved for alopecia areata," Jonsson said. "We have the opportunity here to be first in disease with Olumiant."

There are about 360,000 patients diagnosed with alopecia in the U.S., some 100,000 of whom would be eligible for treatment with a JAK inhibitor, Jonsson added.

RELATED: UPDATED: Eli Lilly to plow a total of $1.5B into 2 new manufacturing plants

For the fourth quarter, Eli Lilly’s revenue jumped 8% to $7.9 billion. Excluding COVID-19 antibodies, sales for the last three months of the year climbed 6%. Full-year sales increased 15% to $28.3 billion or 10% after subtracting Lilly’s pandemic antibodies from the equation.

Last month, The FDA tweaked its emergency nod for Lilly and Regeneron’s monoclonal antibodies, citing recent data showing the drugs aren’t effective against omicron. The antibodies are now limited to patients who’ve been infected with or exposed to a variant susceptible to the therapies.

Lilly snared $1.1 billion in COVID-19 antibody revenue for the fourth quarter. Lilly says it delivered roughly 435,000 doses out of 614,000 in the last three months of the year, with most of the remaining doses already shipped out last month.

Lilly credited its fourth-quarter momentum to growth drugs like Trulicity, Taltz, Verzenio, Olumiant, Emgality and more.

"Lilly’s margin profile represents "one of the strongest expansion stories in Pharma, in our opinion, with the potential for mid-teens EPS growth," Cantor Fitzgerald analyst Louise Chen wrote in a note to clients Thursday. Her team thinks Lilly is poised to enter a growth period through 2030, helped by multiple readouts for products like donanemab in Alzheimer’s disease and tirzepatide in Type 2 diabetes.

Lilly has forecasted full-year 2022 sales between $27.8 billion and $28.3 billion.

Intellia Therapeutics Announces Acquisition of Rewrite Therapeutics

On February 3, 2022 Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage genome editing company focused on developing curative therapeutics leveraging CRISPR-based technologies, reported the acquisition of Rewrite Therapeutics, Inc. (Rewrite), a private biotechnology company focused on advancing novel DNA writing technologies (Press release, Intellia Therapeutics, FEB 3, 2022, View Source [SID1234607765]).

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Rewrite has developed promising new tools for genome editing, including DNA writing via CRISPR/Cas9-guided polymerases. Founded by pioneering scientists Shakked Halperin, Ph.D., and Professor David Schaffer, Ph.D., of the University of California, Berkeley and backed by Civilization Ventures and Prefix Capital, Rewrite’s DNA writing technology may enable a range of precise editing strategies. These strategies include targeted corrections, insertions, deletions, and the full range of single-nucleotide changes, which could provide new ways to edit disease-causing genes and broaden the therapeutic potential for genomic medicines. Rewrite also has developed an approach that could improve the efficiency of genome editing in non-dividing cell types, a key challenge for some existing editing platforms. Rewrite’s technology could potentially be delivered using Intellia’s lipid nanoparticle (LNP) technology and adeno-associated virus (AAV) vectors.

"At Intellia, we have built the industry’s broadest and deepest genome editing platform by staying at the forefront of new techniques, while also extending the capabilities of CRISPR/Cas9 editing to make precisely targeted changes to DNA," said Intellia President and Chief Executive Officer John Leonard, M.D. "We could not be more excited to add Rewrite’s additional capabilities to our growing platform, offering us new possibilities and the potential to target diseases beyond those currently being explored in our pipeline."

Dr. Halperin, Rewrite’s President and Chief Executive Officer and the inventor of Rewrite’s gene editing platform, said:

"Since my initial discovery that CRISPR-guided polymerases could help advance genome editing capabilities, I have focused my efforts on developing a suite of genome editing tools that could one day be used to create innovative and potentially curative treatments for patients with life-threatening diseases. I am thrilled that these inventions will now be leveraged by the industry leader, Intellia, so that the full power and potential of genome editing can be harnessed to benefit patients."

As part of this transaction, Intellia will pay the Rewrite shareholders $45 million in an upfront payment and an additional $155 million in pre-specified research and regulatory approval milestones through a mix of Intellia common stock and cash. Additional financial details were not disclosed.

Goodwin Procter, Latham & Watkins and Finnegan acted as Intellia’s legal counsel. Arnold & Porter Kaye Scholer and Wilson, Sonsini, Goodrich & Rosati acted as Rewrite’s legal counsel.