Wednesday, January 4, 2012

30 New Medical Entities (NMEs): 24 New Chemical Entities and 6 New Biologics approved by FDA in 2011

NEW CHEMICAL ENTITIES

  1. DATSCAN
    (IOFLUPANE I-123) by GE Healthcare

    FDA Application number: NDA # 022454

    Approval Date: 1/14/2011

    DaTscan (Ioflupane I 123 Injection) is a radiopharmaceutical indicated for striatal dopamine transporter visualization using single photon emission computed tomography (SPECT) brain imaging to assist in the evaluation of adult patients with suspected Parkinsonian syndromes (PS). DaTscan may be used to help differentiate essential tremor from tremor due to PS (idiopathic Parkinson's disease, multiple system atrophy and progressive supranuclear palsy).

    Prescribing Information:
    http://us.datscan.com/wp-content/themes/main_site/pdf/prescribing-information.pdf

  2. FDA Application number: NDA # 022408

    Approval Date: 1/18/2011

    Natroba™ Topical Suspension is a pediculicide indicated for the topical treatment of head lice infestations in patients four (4) years of age and older.

    Prescribing Information:
    http://www.natroba.com/Full%20Prescribing%20Information.pdf

  3. VIIBRYD
    (VILAZODONE HYDROCHLORIDE) by Forest Labs

    FDA Application number: NDA # 022567

    Approval Date: 1/21/2011

    VIIBRYD is indicated for the treatment of major depressive disorder (MDD).

    Prescribing Information:
    http://www.natroba.com/Full%20Prescribing%20Information.pdf

  4. EDARBI
    (AZILSARTAN MEDOXOMIL) by Takeda

    FDA Application number: NDA # 200796 Approval Date: 2/25/2011

    Edarbi is an angiotensin II receptor blocker indicated for the treatment of hypertension,to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions. Edarbi may be used, either alone or in
    combination with other antihypertensive agents.

    Prescribing Information:
    http://general.takedapharm.com/content/file/pi.pdf?applicationcode=68E3872B-7993-4087-8929-05B4E4E0E6D2&FileTypeCode=EDARBIPI

  5. DALIRESP
    (ROFLUMILAST) by Forest Labs

    FDA Application number: NDA # 022522

    Approval Date: 2/28/2011

    DALIRESP is indicated as a treatment to reduce the risk of COPD exacerbations in patients with severe COPD associated with chronic bronchitis and a history of exacerbations.

    Prescribing Information: http://www.frx.com/pi/Daliresp_pi.pdf

  6. GADAVIST
    (GADOBUTROL) by Bayer

    FDA Application number: NDA # 201277

    Approval Date: 3/14/2011

    GADAVIST™ is a gadolinium-based contrast agent indicated for intravenous use in diagnostic magnetic resonance imaging (MRI) in adults and children (2 years of age and older) to detect and visualize areas with disrupted blood brain barrier (BBB) and/or abnormal vascularity of the central nervous system.

    Prescribing Information: http://labeling.bayerhealthcare.com/html/products/pi/gadavist_PI.pdf

  7. HORIZANT
    (GABAPENTIN ENACARBIL) by Glaxo SmithKline

    FDA Application number: NDA # 022399

    Approval Date: 4/6/2011

    HORIZANT is indicated for the treatment of moderate-to-severe primary Restless Legs Syndrome (RLS) in adults.

    Prescribing Information: http://us.gsk.com/products/assets/us_horizant.pdf

  8. VANDETANIB
    (VANDETANIB) by AstraZeneca

    FDA Application number: NDA # 022405

    Approval Date: 4/6/2011

    CAPRELSA is a kinase inhibitor indicated for the treatment of symptomatic or progressive medullary thyroid cancer in patients with unresectable locally advanced or metastatic disease.

    Prescribing Information: http://www.astrazeneca-us.com/cgi-bin/az_pi.cgi?product=caprelsa&country=us&popup=no

  9. ZYTIGA
    (ABIRATERONE ACETATE) by Janssen Biotech

    FDA Application number: NDA # 202379

    Approval Date: 4/28/2011

    ZYTIGA is a CYP17 inhibitor indicated for use in combination with prednisone for the treatment of patients with metastatic castration-resistant prostate cancer who have received prior hemotherapy containing docetaxel.

    Prescribing Information: http://www.zytiga.com/downloads/full_product_information.pdf#zoom=100

  10. FDA Application number: NDA # 201280

    Approval Date: 5/2/2011

    TRADJENTA is a dipeptidyl peptidase-4 (DPP-4) inhibitor indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus

    Prescribing Information: http://bidocs.boehringer-ingelheim.com/BIWebAccess/ViewServlet.ser?docBase=renetnt&folderPath=/Prescribing+Information/PIs/Tradjenta/Tradjenta.pdf

  11. VICTRELIS
    (BOCEPREVIR) by Merck

    FDA Application number: NDA # 202258

    Approval Date: 5/13/2011

    VICTRELIS is a hepatitis C virus (HCV) NS3/4A protease inhibitor indicated for the treatment of chronic hepatitis C (CHC) genotype 1 infection, in combination with peginterferon alfa and ribavirin, in adult patients (≥18 years of age) with compensated liver disease, including cirrhosis, who are previously untreated or who have failed previous interferon and ribavirin therapy.

    Prescribing Information: http://www.merck.com/product/usa/pi_circulars/v/victrelis/victrelis_pi.pdf

  12. EDURANT
    (RILPIVIRINE HYDROCHLORIDE) by Tibotec

    FDA Application number: NDA # 202022

    Approval Date: 5/20/2011

    EDURANT® is a prescription HIV medicine that helps to treat HIV infection in adults. It contains the HIV drug rilpivirine. This is a type of HIV medicine called a non-nucleoside reverse transcriptase inhibitor, or NNRTI. EDURANT® is used in adults who have never taken HIV medicines before.

    Prescribing Information: http://www.edurant-info.com/sites/default/files/EDURANT-PI.pdf

  13. INCIVEK
    (TELAPREVIR) by Vertex

    FDA Application number: NDA # 201917

    Approval Date: 5/23/2011

    INCIVEK is a hepatitis C virus (HCV) NS3/4A protease inhibitor indicated, in combination with peginterferon alfa and ribavirin, for the treatment of genotype 1 chronic hepatitis C (CHC) in adult patients with compensated liver disease, including cirrhosis, who are treatment-naïve or who have been previously treated with interferon-based treatment, including prior null responders, partial responders, and relapsers.

    Prescribing Information:
    http://pi.vrtx.com/files/uspi_telaprevir.pdf

  14. DIFICID
    (FIDAXOMICIN) by Optimer

    FDA Application number: NDA # 201699

    Approval Date: 5/27/2011

    DIFICID is a macrolide antibacterial drug indicated in adults (18 years of age) for treatment of Clostridium difficile-associated diarrhea

    Prescribing Information: http://www.dificid.com/upload/dificid.pdf

  15. POTIGA
    (EZOGABINE) by Valeant

    FDA Application number: NDA # 022345

    Approval Date: 6/10/2011

    POTIGA is a potassium channel opener indicated as adjunctive treatment of partial-onset seizures in patients aged 18 years and older.

    Prescribing Information: http://www.accessdata.fda.gov/drugsatfda_docs/label/2011/022345s000lbl.pdf

  16. ARCAPTA NEOHALER
    (INDACATEROL MALEATE) by Novartis

    FDA Application number: NDA # 022383

    Approval Date: 7/1/2011

    ARCAPTA NEOHALER is a long-acting beta2-adrenergic agonist indicated for the long term, once-daily maintenance bronchodilator treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema.

    Prescribing Information: http://www.pharma.us.novartis.com/product/pi/pdf/arcapta.pdf

  17. FDA Application number: NDA # 022406

    Approval Date: 7/1/2011

    XARELTO is a factor Xa inhibitor indicated to reduce the risk of stroke and systemic embolism in patients with nonvalvular atrial fibrillation and for the prophylaxis of deep vein thrombosis (DVT), which may lead to pulmonary embolism (PE) in patients undergoing knee or hip replacement.
    surgery

    Prescribing Information: http://www.xareltohcp.com/sites/default/files/pdf/xarelto_0.pdf#zoom=100

  18. BRILINTA
    (TICAGRELOR) by Astra Zeneca

    FDA Application number: NDA # 022433

    Approval Date: 7/20/2011

    BRILINTA is a P2Y12 platelet inhibitor indicated to reduce the rate of thrombotic cardiovascular events in patients with acute coronary syndrome (ACS) (unstable angina, non-ST elevation myocardial infarction, or ST elevation myocardial infarction). BRILINTA has been shown to reduce the rate of a combined endpoint of cardiovascular death, myocardial infarction or stroke compared to clopidogrel. The difference between treatments was driven by CV death and MI with no difference in stroke. In patients treated with PCI, it also reduces the rate of stent thrombosis.

    Prescribing Information: http://www1.astrazeneca-us.com/pi/brilinta.pdf

  19. ZELBORAF
    (VEMURAFENIB) by Roche

    FDA Application number: NDA # 202429

    Approval Date: 8/17/2011

    ZELBORAF™ is a kinase inhibitor indicated for the treatment of patients with unresectable or metastatic melanoma with BRAFV600E mutation as detected by an FDA-approved test.

    Prescribing Information: http://www.gene.com/gene/products/information/zelboraf/pdf/pi.pdf

  20. FIRAZYR
    (ICATIBANT ACETATE) by Shire

    FDA Application number: NDA # 022150

    Approval Date: 8/25/2011

    FIRAZYR is a bradykinin B2 receptor antagonist indicated for the treatment of acute attacks of hereditary angioedema in adults 18 years of age and older.

    Prescribing Information: http://pi.shirecontent.com/PI/PDFs/Firazyr_USA_ENG.pdf

  21. XALKORI
    (CRIZOTINIB) by Pfizer

    FDA Application number: NDA # 202570

    Approval Date: 8/26/2011

    XALKORI is a kinase inhibitor indicated for the treatment of patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) that is anaplastic lymphoma kinase (ALK)-positive as detected by an FDA-approved test. (1) This indication is based on response rate. There are no data available demonstrating improvement in patient reported outcomes or survival with XALKORI.

    Prescribing Information: http://labeling.pfizer.com/showlabeling.aspx?id=676

  22. FERRIPROX
    (DEFERIPRONE) by Apopharma

    FDA Application number: NDA # 021825

    Approval Date: 10/14/2011

    FERRIPROX® (deferiprone) is an iron chelator indicated for the treatment of patients with transfusional iron overload due to thalassemia syndromes when current chelation therapy is inadequate.

    Prescribing Information: http://www.accessdata.fda.gov/drugsatfda_docs/label/2011/021825lbl.pdf

  23. ONFI
    (CLOBAZAM) by Lundbeck

    FDA Application number: NDA # 202067

    Approval Date: 10/21/2011

    ONFI is a benzodiazepine indicated for adjunctive treatment of seizures associated with Lennox-Gastaut syndrome (LGS) in patients 2 years of age or older

    Prescribing Information: http://www.lundbeck.com/upload/us/files/pdf/Products/Onfi_PI_US_EN.pdf

  24. JAKAFI
    (RUXOLITINIB PHOSPHATE) by Incyte

    FDA Application number: NDA # 202192

    Approval Date: 11/16/2011

    Jakafi is a kinase inhibitor indicated for treatment of patients with intermediate or high-risk myelofibrosis, including primary myelofibrosis, post-polycythemia vera myelofibrosis and post-essential thrombocythemia myelofibrosis.

    Prescribing Information: http://www.incyte.com/products/uspi_jakafi.pdf


     

    BIOLOGICS

  25. FDA Application number: BLA # 125370

    Approval Date: 3/10/2011

    BENLYSTA is a B-lymphocyte stimulator (BLyS)-specific inhibitor indicated for the treatment of adult patients with active, autoantibody-positive, systemic lupus erythematosus

    Prescribing Information: http://www.hgsi.com/images/Benlysta/pdf/benlysta_pi.pdf

  26. YERVOY
    (IPILIMUMAB) by Bristol Myers Squibb ($BMS)

    FDA Application number: BLA # 125377

    Approval Date: 3/25/2011

    YERVOY is a human cytotoxic T-lymphocyte antigen 4 (CTLA-4)-blocking antibody YERVOY is a human cytotoxic T-lymphocyte antigen 4 (CTLA-4)-blocking antibody indicated for the treatment of unresectable or metastatic melanoma.

    Prescribing Information: http://packageinserts.bms.com/pi/pi_yervoy.pdf

  27. NULOJIX
    (BELATACEPT) by Bristol Myers Squibb ($BMS)

    FDA Application number: BLA # 125288

    Approval Date: 6/15/2011

    NULOJIX is a selective T-cell costimulation blocker indicated for prophylaxis of organ rejection in adult patients receiving a kidney transplant.

    Prescribing Information: http://packageinserts.bms.com/pi/pi_nulojix.pdf

  28. ADCETRIS
    (BRENTUXIMAB VEDOTIN) by Seattle Genetics ($SGEN)

    FDA Application number: BLA # 125399

    Approval Date: 8/19/2011

    ADCETRIS is a CD30-directed antibody-drug conjugate indicated for:
    • The treatment of patients with Hodgkin lymphoma (HL) after failure of autologous stem cell transplant (ASCT)
    •HL in patients who are not ASCT candidates after failure of at least 2 multiagent chemotherapy regimens
    • Systemic anaplastic large cell lymphoma (sALCL) after failure of at least 1 multiagent chemotherapy regimen

    Prescribing Information: http://www.adcetris.com/_pdf/Adcetris_USPI_2011.pdf

  29. ERWINAZE
    (asparaginase Erwinia chrysanthemi) by Eusa Pharmaceuticals

    FDA Application number: BLA # 125359

    Approval Date: 11/18/2011

    ERWINAZE (asparaginase Erwinia chrysanthemi) is an asparagine-specific enzyme indicated as a component of a multi-agent chemotherapeutic regimen for the treatment of patients with acute lymphoblastic leukemia (ALL) who have developed hypersensitivity to E. coli derived asparaginase.

    Prescribing Information: http://www.erwinaze.com/pdf/PI_18-Nov2011.pdf

  30. EYLEA
    (AFLIBERCEPT) by Regeneron ($REGN)

    FDA Application number: BLA # 125387

    Approval Date: 11/18/2011

    EYLEA is indicated for the treatment of patients with Neovascular (Wet) Age-Related Macular Degeneration (AMD).

    Prescribing Information: http://www.regeneron.com/EYLEA-fpi.pdf

Friday, November 4, 2011

Farma M&A and involuntary outbursts of crying and laughing

Do you have difficulty imagining what's next in Pharma M&A?  You are not alone. Many of us suffer from the bouts of irresistible urge to comment on 'Farma' and 'Phinance'. It is ironical because the two seldom make sense together and adverse side-effects are significant. For instance, big mergers invariably end up in long-term debt, useless goodwill, and endless questions about the vision of decision-makers. On the other hand, smaller and mid-size Pharma companies (biotechs included) have such symptomatically large cash-burn rates and little revenues that we wonder why CFOs  and investors do not line up as patients for  new trials for cardiovascular drugs. They must be getting heart attacks, right?

As comes November, so do we begin to conjecture about the M&A activity in the Pharma space that is left for the remaining year. Heart begins to pace faster every friday anxious about the news that 'Merger Monday' may bring. There are some obvious candidates that we have been watching. First, why doesn't GlaxoSmithKline just buy out Human Genome Sciences ($HGSI) already? The rumor engine has run past its warranty on that one. Then there is Vertex ($VRTX) with a HCV drug so great that even Merck ($MRK) may be drooling. The HCV wave has also popped the stocks of Pharmasset ($VRUS) and, today, Inhibitex ($INHX). Don't you miss days when Pfizer ($PFE) made acquisitions, big and small, without thinking twice? Finally,  there is Dendreon ($DNDN) - now trading at $6 plus change per share. Would it have to be a penny-stock again to become attractive?

The new pharma flavor-of-the-year has to be neurology. Everyone is beating their brains out figuring what new neurology drug companies can they add to their pipelines. There are those who get what they want. Case in point - Teva ($TEVA) swallowing Cephalon. And the rest like Valeant Pharma ($VRX) are left behind holding onto their nerves and their wads of cash - $1 billion to be exact. Biotech analysts are scratching their own brains wondering what will be the next hot buys before Christmas. Acorda ($ACOR) has Ampyra - the new MS drug, and Avanir ($AVNR) seems to be attracting attention for Nuedexta - its drug to treat pseudobulbar affect (PBA). What?

The answer seems that there are many ways to spend billion-plus dollars on Pharma M&A in a nervous society and depressed economy. In our feeble minds, question remains, 'If it is a Monday, will we be able to regain control of involuntary outbursts of crying or laughing?'

Tuesday, April 13, 2010

7 New Medical Entities Approved by FDA in Q1 2010

  1. ACTEMRA (Tocilizumab) by Genentech
    FDA Application number: BLA # 125276; Approval Date: 1/8/2010
    ACTEMRA (tocilizumab) is an interleukin-6 (IL-6) receptor inhibitor indicated for treatment of adults with moderately to severely active rheumatoid arthritis (RA) who have had an inadequate response to one or more tumor necrosis factor (TNF) antagonist therapies.
    Dosage: Once every 4 week as 60 m intravenous drip of 4 or 8 mg/Kg.
    Prescribing Information: http://www.gene.com/gene/products/information/actemra/pdf/pi.pdf
  2. AMPYRA (Dalfampridine) by Acorda Therapeutics
    FDA Application number: NDA # 022250; Approval Date: 1/22/2010
    AMPYRA (dalfampridine) is a potassium channel blocker indicated to improve walking in patients with multiple sclerosis (MS).
    Dosage: 10 mg twice daily.
    Prescribing Information: http://www.ampyra.com/local/files/PI.pdf
  3. VICTOZA (Liraglutide) by Novo Nordisk
    FDA Application number: NDA # 022341; Approval Date: 1/25/2010
    VICTOZA is a glucagon-like peptide-1 (GLP-1) receptor agonist indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus.
    Dosage: Once daily 0.6, 1.2 or 1.8 mg subcutaneous injection.
    Prescribing Information: http://www.victoza.com/pdf/PI_(1_Column_Format).pdf
  4. XIAFLEX (Collagenase clostridium histolyticum) by Auxilium Pharmaceuticals
    FDA Application number: BLA # 125338; Approval Date: 2/2/2010
    XIAFLEX is indicated for the treatment of adult patients with Dupuytren's contracture with a palpable cord.
    Dosage: 0.58mg per intralesional injection.
    Prescribing Information: http://www.xiaflex.com/docs/pi_medguide_combo.pdf
  5. VPRIV (Velaglucerase alfa) by Shire
    FDA Application number: NDA # 022575; Approval Date: 2/26/2010
    VPRIV (velaglucerase alfa for injection) is a hydrolytic lysosomal glucocerebroside-specific enzyme indicated for long-term enzyme replacement therapy (ERT) for pediatric and adult patients with type 1 Gaucher disease.
    Dosage: 60U/kg administered every other week as a 60 min intravenous infusion.
    Prescribing Information: http://medicuslb.com/dev/vpriv/staging/VPRIV_Full_Prescribing_Info.pdf
  6. CARBAGLU (Carglumic acid) by Recordati
    FDA Application number: NDA # 022562; Approval Date: 3/18/2010
    CARBAGLU (Carglumic acid) is a Carbamoyl Phosphate Synthetase 1 (CPS 1) activator is indicated as an adjunctive therapy for the treatment of acute hyperammonemia due to the deficiency of the hepatic enzyme N-acetylglutamate synthase (NAGS).
    Dosage: 100 mg/kg/day to 250 mg/kg/day.
    Prescribing Information: http://www.accessdata.fda.gov/drugsatfda_docs/label/2010/022562lbl.pdf
  7. ASCLERA (Polidocanol) by Chemische Fabrik Kreussler
    FDA Application number: NDA # 021201; Approval Date: 3/30/2010
    ASCLERA (Polidocanol) is a sclerosing agent indicated to treat uncomplicated spider veins (varicose veins ≤1 mm in diameter) and uncomplicated reticular veins (varicose veins 1 to 3 mm in diameter) in the lower extremity.
    Dosage: Up to 10 ml of 0.5-1.0% solution by intravenous injection.
    Prescribing Information: http://www.accessdata.fda.gov/drugsatfda_docs/label/2010/021201lbl.pdf

Monday, March 15, 2010

Centralized Coordination of Decentralized Research

Truth be told, it is tough out there for pharmaceutical scientists. Mega-mergers means mega-lay-offs. Outsourcing means research jobs going to India and China. Large supply of basic scientists by academia means slower job growth. So where does one conduct the next world-changing research project, which tour of duty can make your efforts rewarding, and where does one find bread and cheese?

There was a time that a research job at a big pharmaceutical company was considered the most cushy and secure for a scientist. Not so anymore. The mantra at Big Pharma is that they want to be more like small biotechs. That is both in terms of higher productivity and quicker decision-making. They are already becoming an ensemble of small franchises such that each can focus on a key therapeutic area and feed the drug pipeline for the sake of its own survival. Similarly, pride in ownership of technology is disappearing as more and more work is done through external contract research organizations (CROs) - hand-picked for their expertise in given areas.

What about the smaller biotechs and pharmaceuticals now? What are they doing? Sadly enough, many of the start-ups cannot even afford to have bare-bone working laboratories. But that does not stop innovation or research. They too, like the big pharma, are relying on external decentralized resources to conduct research and achieve their objectives. Except that some of them do not even have enough centralized expertise to pull it all together

As the globalization is tearing down the national boundaries for outsourcing, those CROs who can deliver in time and cost are flourishing. The decentralization is successful so far there is in-house expertise to coordinate, manage and direct all the external efforts. But not every company has the required central research coordinator with right expertise.

Thus working as a global strategic research project coordinator has become the new emerging role for scientific consultants who choose to facilitate the extremely decentralized research environment of today. Between the vision of getting a drug to the clinic and the tedious experimental work required to accomplish it, lies the domain of these scientists and their focus to get projects done and get them done right.

Shakespeare would have said -

All the world's a laboratory,
And all the men and women merely scientists;
They have their experiments and they have their results,
And one scientist in one time leads many projects,
his research being done at seven CROs.

Friday, December 11, 2009

Competitive Survival in The Googloid World of Networks: Eat, Excrete and Procreate

Thanks to Charles Darwin for explaining the Origin of Species, and to Herbert Spencer for coining the mantra for evolution - Survival of the fittest.

But how do we understand the 'extinction of species' and the 'mantra for survival'?

The harsh reality of nature is that survival mainly depends on the food supply. The ecobiologists call it a food web - a vast network consisting of predators and preys. Till recently there was really no good way to study the co-dependences in the food supply chain. Simply put, if the survival of one species is important for the survival of the second, it has to be ranked higher than others as a survival factor.

Stefano Allesina of the University of Chicago and Mercedes Pascual of the University of Michigan wondered if the laws for survival in the food web are similar to those for survival in the world-wide web of internet. See Googling Food Webs: Can an Eigenvector Measure Species' Importance for Coextinctions?

They took a cue from PageRank, an algorithm Google’s search engine uses to rank importance of websites by analyzing its links. If a page feeds another page it gains importance for survivability on the planet web. Similarly, Allesina and Pascual found their modified algorithm was more effective than existing models in identifying the species that are important for the survival of other species on the food web. Recognized as one of the great ideas of 2009, The Google Algorithm as Extinction Model could be useful in analyzing other networks too. World is full of them. Think social networks, communication networks, financial networks, satellite networks and energy networks. Do you remember the great Northeast Blackout of 2003 caused by extinction of a single bottom-of-the-chain power grid?

In pharmaceuticals, consider intracellular networks and signal transduction networks. More and more examples of new therapies indicate that just like a disease can be caused by a small disruption in a critical link molecule, a cure can be obtained by reverting the balance back to normal. Survival requires controlled tweaking of the networks rather than a complete disruption and reinstatement of a specific component.

Food is however, only one part of the equation. The balance of species is also determined by the relative rate of reproduction and the disposal of excrements. These two factors definitely contributed to Google's escalation to the top of information web. While feeding off other's bytes, the world of information is having a population explosion and generating lot more garbage to be buried and lot more sewage to be disposed. Consider, for instance, the 'information overload' numbers reported in a new study from the University of California at San Diego's Global Information Industry Center that in 2008, Americans consumed about 34 gigabytes of information for an average person on an average day.

To a piece of information today, therefore, Google is not only a foster parent that asks to eat spinach, but also a teacher that grades its performance, and a God that decides its vital existence. Google is - the hospital, the nursery, the university, the restaurant, the waste management company, the utlity company and the funeral home.

Survival on Google and other PageRanked networks of life will rely on three basics activities that together, as Actor Dustin Hoffman once pointed out, is the main purpose of why God sent us to the earth - "Eat, Excrete and Procreate". You can be happy like fish in the Lake Michigan, but your survival still depends on these three activities of the Asian Carp. As we apply PageRank model to science, business and life, new Googloids will emerge that will determine the survivability of its network constitutents. Competitive Intelligence will entail identifying reproductive behavior, personal hygeine and, of course, dietary patterns of those constituents.

If you believe Dustin, make note of his other suggestion - "The two basic items necessary to sustain life are sunshine and coconut milk."




Wednesday, November 25, 2009

Incyte outlicenses Ex-US rights of INCB18424, an oral JAK1/JAK2 inhibitor to Novartis for 150M upfront, 60M for Eurotrials and up to 1.1 B total

What Happened?
Incyte Corporation (NASDAQ: INCY) announced today that it has entered into a collaboration and license agreement with Novartis for two of its investigational hematology-oncology therapies: INCB18424, an oral JAK1/JAK2 inhibitor that is in Phase III development for myelofibrosis.

How does it benefit patients?
It would accelerate the ex-US, specifically Europian, development of the drug for myelofibosis. The major Myelofibrosis is a serious life-threatening neoplastic condition characterized by varying degrees of bone marrow failure, splenic enlargement and debilitating constitutional symptoms.

How does it help Incyte?
Incyte gets to keep the US rights, gets Novartis to pay for the European trials and according to Paul A. Friedman, Incyte’s president and CEO, this would give Incyte "sufficient resources to continue to advance other promising compounds in our pipeline".

How does it help Novartis?
Novartis gets the rights and responsibility for the future development and commercialization of INCB18424 in all hematology–oncology indications outside of the US. Novartis also gets rights to future worldwide development of INCB28060 a cMet cancer inhibitor with Incyte retaining rights to co-develop.

What were the terms?
  • Upfront payment of $150 million from Novartis to Incyte.
  • Milestone payment of $60 million from Novartis to Incyte for initiation of the European Phase III trial of INCB18424, COMFORT-II.
  • Additional milestones payments of up to approximately $1.1 billion from Novartis to Incyte.
  • Double-digit royalty payments on future ex-US INCB18424 sales from Novartis to Incyte.
  • Royalties on sales of INCB28060 from Novartis to Incyte.

Who else has a similar compound?

Monday, November 16, 2009

California leads in lacklustre 3Q biopharma VC financing

Biopharma companies raised about
$755.7M in 3Q of 2009. This number is approximately 70% of the amount raised in the same quarter last year. West coast companies led the funding by raising 329.4M, all of it in California.

International:

  1. arGen-X http://www.argen-x.com/ 13.8M
  2. PharmAbcine http://www.pharmabcine.com/ 6M
  3. ProFibrix http://www.profibrix.com/ 11M
  4. Novacta Biosystems http://www.novactabio.com/ 21.6M
  5. Allostera Pharma http://www.allostera.com/ 15.4M
  6. Enobia Pharma http://www.enobia.com/ 50M
  7. Novast Pharmaceuticals http://www.novast.com/ 25M

Mid-Atlantic:

  1. Arginetix http://www.arginetix.com/ 4.6M
  2. Profectus BioSciences http://profectusbiosciences.com/ 19M

Mid-West:

  1. NewLink Genetics http://www.linkp.com/ 7.5M
  2. Akebia Therapeutics http://www.akebia.com/ 16M
  3. ProCertus Biopharma http://www.procertus.com/ 2.1M

North-East

  1. Kolltan Pharmaceuticals http://www.kolltan.com/ 5M
  2. NanoBio http://www.nanobio.com/ 10M
  3. Cerulean Pharma http://ceruleanrx.com/ 10M
  4. Constellation Pharma http://constellationpharma.com/ 17.2M
  5. Gloucester Pharma http://gloucesterpharma.com/ 29M
  6. Acetylon Pharmaceuticals 7.2M
  7. Avila Therapeutics http://www.avilatx.com/ 30M
  8. Seaside Therapeutics http://seasidetherapeutics.com/ 30M
  9. Curemark http://www.curemark.com/ 6.5M
  10. Small Bone Innovations http://www.totalsmallbone.com/ 35M
  11. Cognition Therapeutics http://www.cogrx.com/ 1.2M

South-East

  1. Quantum Immunologics http://quantumimmunologics.com/ 2.2M
  2. Alimera Sciences http://www.alimerasciences.com/ 5M
  3. Union Springs http://clynsbrands.com/ 5M
  4. Chimerix http://www.chimerix-inc.com/ 16M
  5. Viament Pharmaceuticals http://www.viamet.com/ 18M
  6. Liquidia Technologies http://www.liquidia.com/ 7M

West

  1. DNAnexus http://www.dnanexus.com/ 1.5M
  2. Intellikine http://www.intellikine.com/ 51M
  3. Limerick Biopharma http://www.limerickbio.com/ 15M
  4. 3-V Biosciences http://www.3vbio.com/ 30M
  5. Jennerex Biotherapeutics http://www.jennerex.com/ 5.1M
  6. Juvaris Biotherapeutics http://www.juvaris.com/ 12.5M
  7. Celladon http://www.celladon.net/ 21.8M
  8. aTyr Pharma http://www.atyrpharma.com/ 12M
  9. Adamas Pharmaceuticals http://www.adamaspharma.com/ 40M
  10. Alvine Pharmaceuticals http://www.alvinepharma.com/ 21.5M
  11. Presidio Pharmaceuticals http://www.presidiopharma.com/ 27M
  12. Helicon Therapeutics http://helicontherapeutics.com/ 50M
  13. Oraya Therapeutics http://www.orayainc.com/ 42M