Promedior Announces Publication of Data from First-in-Human Trial of PRM-151 in Healthy Volunteers and Patients with Idiopathic Pulmonary Fibrosis

On February 4, 2013 Promedior, Inc., a clinical stage biotechnology company developing novel biologic therapeutics for the treatment of fibrosis, reported the publication of data from a clinical study of PRM-151 (recombinant human Pentraxin-2 (PTX-2) (Press release, Promedior, FEB 4, 2013, View Source [SID:1234512084]). Published in Pulmonary Pharmacology and Therapeutics and entitled "Recombinant human serum amyloid P in healthy volunteers and patients with pulmonary fibrosis" (PMID: 23380438), the paper presents the final clinical data from a Phase 1a study of PRM-151 that evaluated safety and exploratory biomarker activity in healthy subjects and idiopathic pulmonary IPF patients. Across all study participants, PRM-151 was shown to be generally safe and well tolerated; and in a subset of study participants with IPF, PRM-151 administration resulted in a potentially beneficial impact on correlative biomarkers through reductions in serum IPF-related blood fibrocyte levels.

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"Data from this clinical study support the potential of PRM-151 as a novel targeted therapeutic to treat IPF," said Elizabeth Trehu, M.D., Chief Medical Officer of Promedior. "We look forward to advancing our clinical program to address the significant unmet needs of IPF patients."

This paper analyzed data from a randomized, double blind, placebo controlled study that was initially performed in 26 healthy human volunteers. In the study, single doses of PRM-151 from 0.1mg/kg to 20mg/kg were administered by intravenous infusion. After completion of dosing of healthy volunteers, three patients with idiopathic pulmonary fibrosis were administered a single dose of 10mg/kg intravenously to confirm the safety, pharmacokinetics, and to assess the pharmacodynamic effects of PRM-151 on serum cytokine and fibrocyte biomarkers.

Noteworthy results from the published study included:
· Single doses of PRM-151 up to 20mg/kg were safe and well tolerated in both healthy volunteers and IPF patients.
· There were no dose limiting adverse events, all adverse events were self limiting, and no severe or serious adverse events occurred.

· PRM-151 levels increased dose dependently in healthy volunteers, and PRM-151 administration resulted in a 6- to 13-fold increase in mean baseline plasma SAP levels at dose levels of 5 to 20 mg/kg.

· Analysis of efficacy biomarkers comparing healthy volunteers and IPF patients indicated that PRM-151 administration resulted in a 30-50% decrease in serum fibrocyte numbers 24 hours post-dose. Thus, administration of PRM-151 may be associated with a reduction of fibrocytes in IPF patients.

In late 2012, Promedior announced the completion of a multi-center Phase 1b clinical study of PRM-151 in 21 IPF patients. Data from this Phase 1b clinical study will be presented in an oral session at the 2013 American Thoracic Society Annual Meeting on May 22nd, 2013.

About IPF
IPF is a serious, life-limiting lung disease characterized by fibrosis and scarring of lung tissue. Replacement of normal lung tissue by fibrosis results in restriction in the ability to fill the lungs with air and decreased transfer of oxygen from inhaled air into the bloodstream. This decreased oxygen transfer results in lower oxygen delivery to the brain and other organs, and produces symptoms of shortness of breath, particularly with exertion; chronic, dry, hacking cough; fatigue and weakness, chest discomfort, loss of appetite and rapid weight loss. While estimates vary, it is believed that IPF could affect approximately 130,000 patients in the US and approximately 76,000 patients in Europe.

AskAt Inc. Launch

On February 1, 2013 AskAt reported that it began business operations (Press release, AskAt, FEB 1, 2013, View Source [SID1234535067]).

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AskAt was launched as an independent company from RaQualia Pharma Inc. to focus on developing several strategic programs, including EP4 receptor antagonists, cyclooxygenase (COX-2) inhibitor, and serotonin 5-HT4 partial agonist. AskAt will also work on new projects.

AskAt will seek to implement innovative structures and collaboration-centric platforms to develop these programs, maximize their value, and then license them to pharmaceutical companies worldwide. Part of this process optimization will include partnerships with academia, public funding, as well as private financing on a program-specific basis.

Health Canada Approves ADCETRIS® (Brentuximab Vedotin) for the Treatment of Relapsed or Refractory Hodgkin Lymphoma (HL) and Systemic Anaplastic Large Cell Lymphoma (sALCL

On February 1, 2013 Seattle Genetics reported that Health Canada has issued a Notice of Compliance with conditions (NOC/c), authorizing marketing of ADCETRIS for two lymphoma indications: (1) the treatment of patients with Hodgkin lymphoma (HL) after failure of autologous stem cell transplant (ASCT) or after failure of at least two multi-agent chemotherapy regimens in patients who are not ASCT candidates, and (2) the treatment of patients with systemic anaplastic large cell lymphoma (sALCL) after failure of at least one multi-agent chemotherapy regimen (Press release Seattle Genetics, FEB 1, 2013, View Source;p=irol-newsArticle&ID=1780634&highlight= [SID:1234500570]). The indications for ADCETRIS were authorized based on promising response rates demonstrated in single-arm trials. No data demonstrate increased survival with ADCETRIS.

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(Filing, 10-Q, Champions Oncology, JAN 31, 2013, View Source [SID:1234504159])

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Teva Announces Termination of Agreements with CureTech

On January 31, 2013 Teva reported the termination of its collaboration with CureTech Ltd (Press release Teva, JAN 31, 2013, View Source;p=irol-newsArticle&ID=1779781 [SID:1234500813]).

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"We are in the process of conducting a disciplined review of our pipeline. As we looked closely at CT-011 and the most recent clinical and biochemical data, we have made the strategic decision to invest our resources elsewhere where we can have the most impact for patients," stated Dr. Michael Hayden, President and CEO of R&D and Chief R&D Officer.

CT-011 is a humanized monoclonal antibody being developed as a treatment for hematological malignancies and solid tumors. CT-011 was assessed in several phase I and II clinical studies in various cancer indications including diffuse large B-cell lymphoma (DLBCL), colon cancer, metastatic melanoma and additional investigator initiated studies.

Teva entered into agreements with CureTech in 2006. Teva intends to book a noncash net charge of $109 million as a result of the impairment of its investment in CureTech.