Pharmaceutical Market Europe • March 2024 • 6-7

NEWS

Novartis acquires MorphoSys in deal worth €2.7bn

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Novartis has announced that it will be acquiring MorphoSys for €2.7bn, marking a significant boost to the drugmaker’s oncology pipeline.

The deal gives Novartis access to pelabresib (CPI-0610), an investigational therapy being evaluated in combination with Incyte’s Jakafi (ruxolitinib) as a treatment for myelofibrosis.

Estimated to affect one in 10,000 people in the EU, myelofibrosis is a rare blood cancer caused by genetic abnormalities in bone marrow stem cells.

The pelabresib/ruxolitinib combination recently met its primary endpoint of spleen volume reduction in the late-stage MANIFEST-2 study in JAK inhibitor-naive myelofibrosis patients, and also demonstrated favourable trends in symptom improvement at week 24 compared to baseline.

Pelabresib is also being studied in patients with essential thrombocythaemia.

The acquisition also includes tulmimetostat (CPI-0209), an early-stage investigational dual inhibitor of the EZH1/EZH2 proteins currently being tested in patients with solid tumours or lymphomas.

Under the terms of the agreement, which is expected to close in the first half of this year, Novartis will make a voluntary public takeover offer for all no-par value bearer shares of MorphoSys for €68 per share.


Gilead expands pipeline with $4.3bn CymaBay acquisition

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Gilead Sciences has announced that it will be expanding its liver disease pipeline by acquiring CymaBay Therapeutics for $4.3bn.

The deal gives the company access to CymaBay’s lead experimental candidate, seladelpar, which is currently being evaluated as a treatment for primary biliary cholangitis (PBC).

Affecting approximately 130,000 people in the US, PBC is a rare cholestatic liver disease mainly affecting women.

According to results from the late-stage RESPONSE trial, seladelpar achieved statistical significance over placebo across primary composite endpoints of biochemical response, normalisation of alkaline phosphatase at 12 months, as well as statistically significant improvement in pruritus at six months that was sustained to month 12 among patients experiencing moderate-to-severe itch.

The candidate has already been accepted for priority review by the US Food and Drug Administration, with a Prescription Drug User Fee Act target action date of 14 August set.

Under the terms of the agreement, which is expected to close during the first quarter of this year, Gilead will acquire CymaBay for $32.50 per share in cash, a 27% premium to the company’s closing price on 9 February.


Novo Nordisk and Neomorph agree on $1.46bn partnership

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Novo Nordisk and Neomorph have entered into a collaboration and licensing agreement aimed at discovering and developing molecular glue degraders (MGDs) for cardiometabolic and rare diseases, with the deal potentially worth up to $1.46bn.

MGDs are believed to open up opportunities to eliminate therapeutically relevant proteins that have previously been considered ‘undruggable’ by other approaches.

In exchange for the use of its proprietary glue discovery platform, Neomorph will receive upfront and near-term milestone payments, research and development funding from Novo and will be eligible for future clinical, commercial and sales milestone payments plus tiered royalties.

Neomorph will lead the discovery and preclinical activities against selected targets, after which Novo will have the option to exclusively pursue further clinical development and commercialisation of the compounds.

The partnership comes just one week after Novo gave Almirall exclusive rights to develop its IL-21-blocking monoclonal antibody for immune inflammatory dermatological diseases.

Novo’s NN-8828 candidate has the potential to block the activation of the downstream signalling pathways of IL-21 and inhibit the pathophysiological functions induced by cytokines in several immune cells.


AstraZeneca gets FDA approval for advanced lung cancer

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AstraZeneca’s (AZ) Tagrisso (osimertinib) has been approved by the US Food and Drug Administration (FDA) in combination with chemotherapy to treat a subset of advanced lung cancer patients.

The epidermal growth factor receptor-mutated (EGFR)-tyrosine kinase inhibitor has specifically been authorised for use alongside chemotherapy in adults with locally advanced or metastatic EGFR-mutated (EGFRm) non-small cell lung cancer (NSCLC).

An estimated 200,000 people in the US are diagnosed with lung cancer each year, and NSCLC accounts for up to 85% of all lung cancer cases.

Approximately 15% of NSCLC patients in the US have an EGFRm, with this population “particularly sensitive” to treatment with an EGFR-tyrosine kinase inhibitor that blocks the cell-signalling pathways that drive the growth of tumour cells, AZ said.

The FDA’s decision was supported by positive results from the late-stage FLAURA2 trial, which randomised more than 500 patients to receive the Tagrisso/chemotherapy combination or Tagrisso alone.

Results showed that the combination reduced the risk of disease progression or death by 38% compared to Tagrisso monotherapy, which is currently the first-line global standard of care for these patients.


EC approves Vertex/CRISPR’s Casgevy gene therapy

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The European Commission (EC) has granted conditional marketing authorisation to Vertex Pharmaceuticals and CRISPR Therapeutics’ gene therapy for use in transfusion-dependent beta thalassaemia (TDT) and severe sickle cell disease (SCD) patients aged 12 years and over.

Casgevy (exagamglogene autotemcel) is now the first treatment approved in the EU that uses the gene-editing tool CRISPR, for which its inventors were awarded the Nobel Prize in 2020.

SCD and beta-thalassaemia are both genetic diseases caused by errors in the genes for haemoglobin.

For those with SCD, this genetic error can lead to organ damage, a shortened lifespan and vaso-occlusive crises (VOCs).

In beta-thalassaemia, the error can lead to anaemia, with patients affected by the most severe form of the disease requiring regular blood transfusions and iron chelation therapy throughout their lives.

Casgevy is designed to edit the faulty gene in patients’ bone marrow stem cells so that the body produces functioning haemoglobin.

The therapy has been specifically authorised by the EC for use in SCD patients with recurrent VOCs or those with TDT for whom haematopoietic stem cell transplantation is appropriate but not available.


Biogen’s Qalsody recommended by CHMP for rare form of ALS

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Biogen’s Qalsody (tofersen) has been recommended by the European Medicines Agency’s human medicines committee to treat amyotrophic lateral sclerosis (ALS) in adults who have a mutation in the superoxide dismutase 1 (SOD1) gene.

If approved by the European Commission, Qalsody will become the first treatment authorised in the EU to target a genetic cause of ALS.

ALS is a rare and progressive neurodegenerative disease resulting in the loss of motor neurons in the brain and the spinal cord that are responsible for controlling voluntary muscle movement.

Multiple genes have been implicated in ALS, with mutations in the SOD1 gene responsible for approximately 2% of all cases of the disease.

Qalsody, which Biogen has licensed from Ionis Pharmaceuticals, is an antisense oligonucleotide designed to bind to SOD1 mRNA and reduce SOD1 protein production.

The Committee for Medicinal Products for Human Use’s positive opinion on the drug was supported by data from the 28-week phase 3 VALOR study, in which patients treated with Qalsody experienced reductions of 60% in plasma neurofilament light chain – a marker of neurodegeneration – compared to the placebo cohort.