Fierce Pharma Asia—Carvykti faces FDA adcomm; AZ drug picks up world-first approval; Samsung Bio's year of growth
26 Jan 2024
Drug ApprovalImmunotherapyGene TherapyIPOClinical Result
Preview
Source: FiercePharma
The FDA's planned advisory committee meeting for Carvykti, AstraZeneca's approval in Japan, and Samsung Biologics' business growth made our news this week.
The FDA will convene an advisory committee to discuss Johnson & Johnson and Legend's Carvykti filing in earlier multiple myeloma. AstraZeneca has won a world-first approval for its rare blood disorder add-on therapy in Japan. Samsung Biologics tallied an “exceptional” year in 2023. And more.
1. J&J, Legend's Carvykti bid for earlier multiple myeloma use will face FDA adcomm
Johnson & Johnson and Legend Biotech’s application for Carvykti for earlier treatment of multiple myeloma will have to endure an FDA advisory committee meeting. Bristol Myers Squibb previously announced that the company’s rival CAR-T therapy, Abecma, will also face such a meeting. The FDA reviews come as the agency pushes for a new boxed warning outlining the risk of patients developing secondary T-cell cancers following the treatment of existing CAR-T therapies.
2. AstraZeneca adds to rare blood disease portfolio with world-first Voydeya approval in Japan
AstraZeneca’s oral factor D inhibitor, danicopan, has won its world-first approval in Japan. Now branded as Voydeya, the drug is approved by Japanese authorities for use alongside a C5 inhibitorC5 inhibitor such as AZ’s Ultomiris to treat paroxysmal nocturnal hemoglobinuria patients who’ve had an inadequate response to a C5 inhibitor.
3. With record year, Samsung Biologics bucks CDMO industry's troublesome 2023
Samsung Biologics touted what it called an “exceptional” performance in 2023 despite an industrywide slowdown. In the fourth quarter, the Korean CDMO grew sales by 11% to 1.07 trillion Korean won ($802 million), pushing the full-year growth rate to 23.1%. Further, the company amassed contracts worth over $12 billion through expanded partnerships with 14 of the top 20 global pharma companies.
4. Samsung allotting ‘significant investment’ to bring noninvasive glucose sensor to wearables: Bloomberg
Meanwhile, Samsung Electronics is working on noninvasive blood sugar monitoring for its Galaxy family of consumer devices, Hon Pak, M.D., head of the company’s digital health division, said. Samsung’s rival, Apple, is also trying to achieve a breakthrough in the same field. Pak also talked about the possibility of adding continuous cuffless blood pressure monitoring to Samsung’s wearables.
5. Glenmark bags subcutaneous checkpoint inhibitor, moving to turf targeted by Big Pharma
Glenmark has picked up some regional rights to 3D Medicines and Jiangsu Alphamab Biopharmacueticals’ subcutaneous anti-PD-L1 antibody envafolimab. With a Chinese nod in 2021, the drug became the first subcutaneous checkpoint inhibitor approved anywhere. Glenmark is paying “low double-digit millions” for rights to sell the drug in India, Asia Pacific, the Middle East, Latin America, Africa, Russia and other places.
6. Gene therapy with dual viral vector restores hearing in children with hereditary deafness (release)
A new study in China showed that a gene therapy restored hearing in five of six children with a form of deafness caused by mutations of the OTOF gene. The children showed a 40 to 57 decibel reduction in the auditory brainstem response testing after 26 weeks, according to results published in The Lancet. The therapy belongs to Refreshgene Therapeutics in Shanghai, and it utilizes a dual-AAV viral vector to deliver a functional OTOF gene.
Other News of Note:
8. Saudi Arabia launches plan to become biotech hub by 2040
9. Apotex, Heritage and Breckenridge settle with purchasers in generics price-fixing case
For more details,please visit the original website
The content of the article does not represent any opinions of Synapse and its affiliated companies. If there is any copyright infringement or error, please contact us, and we will deal with it within 24 hours.
Organizations
Indications
Hot reports
Get started for free today!
Accelerate Strategic R&D decision making with Synapse, PatSnap’s AI-powered Connected Innovation Intelligence Platform Built for Life Sciences Professionals.
Start your data trial now!
Synapse data is also accessible to external entities via APIs or data packages. Leverages most recent intelligence information, enabling fullest potential.