25 Oct

Amgen Slashes Cholesterol Drug Price 60% to Match Rival Regeneron

Amgen is cutting the list price of its new cholesterol-lowering drug by nearly 60 percent, a move the company says is intended to make the product more affordable for more patients.

At $5,850 per year, evolocumab (Repatha) won’t be cheap. But it will now be closer in price to another FDA-approved medicine in its class, which is sold by Regeneron Pharmaceuticals (NASDAQ: REGN).

The Amgen drug and Regeneron’s alirocumab (Praluent) both block PCSK9, an enzyme that hinders the body’s ability to clear LDL-C, the so-called “bad cholesterol,” from the bloodstream. When these drugs won FDA approval in 2015, their $14,000 Read more »

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24 Oct

Medisafe to Get Paid For Health App’s Performance

More technology startups are embracing the healthcare industry’s increasing willingness to pay for products based on how much they improve health.

One of the latest examples comes from Medisafe, a Boston company that has developed an app-based system intended to help patients manage their medications. The company offers both a free and a paid version of the app, but most patients use the free version, a spokesperson says. Medisafe generates revenue primarily from pharmaceutical companies, such as Merck (NYSE: MRK) and Boehringer Ingelheim, who fund the app’s usage in order to receive anonymized data that could help them understand… Read more »

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24 Oct

FAST TRACK TO INNOVATION (FTI)

[Source: http://ec.europa.eu/health/ageing/innovation/index_en.htm] Identifier: H2020-EIC-FTI-2018-2020Pillar: Industrial LeadershipOpening Date: Deadline: Tue, 23 Oct 2018 17:00:00 (Brussels local time)Modification Date: Wed, 24 Oct 2018Latest information:

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A total number of 263 proposals were submitted in response to the third EIC-FTI cut-off (October 23rd 2018) – H2020-EIC-FTI-2018-2020.

24 Oct

2018 Blue Economy call 1217

[Source: http://ec.europa.eu/health/ageing/innovation/index_en.htm] Identifier: EMFF-BlueEconomy-2018Pillar: EMFF-1-1Opening Date: Deadline: Thu, 31 Jan 2019 17:00:00 (Brussels local time)Modification Date: Tue, 23 Oct 2018Latest information: The submission session is now available for: EMFF-03-2018(EMFF-AG), EMFF-01-2018(EMFF-AG), EMFF-02-2018(EMFF-AG)

23 Oct

NeoGenomics Buys Ex-Novartis Cancer Lab Genoptix for $125M, Stock

Cancer testing laboratory Genoptix is being acquired by NeoGenomics, another cancer-focused genetic testing business, for $125 million in cash and 1 million NeoGenomics shares.

The buyout comes almost two years after Carlsbad, CA-based Genoptix was bought from Novartis (NYSE: NVS) by a pair of private investment firms, Ampersand Capital Partners and 1315 Capital, and a management group for an undisclosed sum in January 2017. Joseph Limber became the CEO of the company. Limber previously held roles at Prometheus Pharmaceuticals in San Diego, which sold to Nestlé Health Science, and Gradalis, a Dallas-based life sciences startup.

Genoptix specializes in hematology… Read more »

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23 Oct

Horizon 2020 Brokerage Event on Nanotechnology, Advanced Materials, Manufacturing & Processing  – 20 November 2018, Birmingham, UK

[Source: Research & Innovation] The Enterprise Europe Network in partnership with the Science and Innovation Network, BEIS, Innovate UK and the British, German and Polish National Contact Points (NCPs) invites you to participate in an international partnering event on Nanotechnologies, Advanced Materials, Manufacturing and Processing.
This is a FREE one day event that will introduce the calls for proposals, present insights and expectations from the European Commission whilst offering a unique international networking experience to forge the winning partnerships of the future.

23 Oct

Patient Advocates Sounding the Alarm Over Fail First

The Centers for Medicare & Medicaid Services (CMS) has reversed a long-standing policy allowing Medicare Advantage plans to impose “step therapy” requirements for physician-administered drugs – also known as Medicare Part B.

More accurately described as “fail first,” this dangerous policy will force some patients to fail first on a medicine preferred by their insurance companies before they can receive the therapy prescribed by their doctors. Allowing insurers to stand between patients and the right treatments they need – as determined by their health care provider – threatens the health and well-being of America’s seniors. That’s why this abrupt regulatory decision has patient advocates sounding the alarm:

“Step therapy protocols that require patients to try and fail certain treatments before allowing access to other, potentially more appropriate treatments can both harm patients and undercut the physician-patient decision-making process.” – American Medical Association, the largest association of physicians and medical students in the United States

“We are not persuaded that this plan provides [cancer patients] or the health care system meaningful financial relief, while at the same time it adversely affects beneficiaries’ treatment choices and imposes on them the responsibility for pursuing exceptions to receive proper treatment.” – American Society of Clinical Oncology, CancerCare, and 14 other organizations under the Cancer Leadership Council umbrella

“When these policies interfere with the patient-physician relationship, they can result in delayed treatment, increased disease activity, loss of function, and potentially irreversible disease progression. For providers, step therapy exacerbates administrative burdens as they help patients navigate complicated and often opaque coverage determination processes.” – 40 groups including the American Academy of Neurology, the National Psoriasis Foundation, and the US Pain Foundation

“Fail first policies limit the options available for patients and their physicians to treat conditions, forcing individuals to try the treatment that is preferred by the insurance company (often an older, cheaper medicine) rather than the medicine prescribed by the physician. … Policies that sacrifice the health of patients in the hope of cutting program costs undermine the promise Medicare represents for so many individuals.” – Part B Access for Seniors and Physicians Coalition, who garnered 240 groups to sign its fail first letter

“Ensuring patients can get the right medicine at the right time is instrumental in containing long-term healthcare costs,” former Sen. Tom Coburn recently wrote in The Hill. And while this statement is true, implementing shortsighted polices like step therapy would do just the opposite. In its current form, CMS’ proposal lacks basic patient protections and should be pulled back before it harms America’s most vulnerable population.

22 Oct

Centrexion Plans IPO to Bankroll Non-Opioid Pain Drugs

Centrexion Therapeutics is notable for focusing solely on developing non-opioid, non-addictive pain drugs-an area that biopharma companies have largely avoided. Now the Boston-based startup wants Wall Street’s help with the effort.

Centrexion has outlined plans for an IPO. The company has set a preliminary IPO target of $86 million, though that figure is subject to change as the offering gets closer. Should Centrexion close its IPO, it will list on the Nasdaq under the symbol CNTX.

Centrexion, headed by former Pfizer CEO Jeff Kindler, is testing its lead drug, CNTX-4975, in two Phase 3 clinical trials for pain… Read more »

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22 Oct

Making SMA Newborn Screening a Reality: Collaborating with the Patient Advocacy Community

Each year, roughly 12,500 newborns in the U.S., or one out of every 300 infants, are diagnosed with one of the 29 conditions that every newborn is screened for shortly after delivery.  Ranging from cystic fibrosis to Sickle cell anemia, the conditions often require immediate and intensive medical intervention.  This list of conditions includes spinal muscular atrophy (SMA), which until earlier this year, was excluded from the Recommended Universal Screening Panel (RUSP), the expert-approved list of conditions that the Secretary of Health and Human Services (HHS) recommends that states test for at the time of birth.

SMA is a degenerative neurological condition that destroys nerve cells in the brain stem and spinal cord, affecting a person’s ability to move, eat, and even breath. The majority of infants diagnosed with the most severe form of SMA rarely live past the age of two.  The disease’s life-threatening effects reinforce why early detection and diagnosis can make all the difference for those that carry the genetic mutation that causes SMA.

That’s why, in recent years, Biogen came together with partners in the SMA community, including Cure SMA and other rare disease advocates, to develop a compelling case for adding SMA to the RUSP. Together with the SMA community, we sought to highlight the positive impact that SMA’s inclusion would have for patients, their families and communities and the healthcare system as a whole.

The first step in the process was developing the scientific and public health justification for the inclusion of SMA. By establishing a multi-faceted justification – illustrating the benefits and potential lives saved by routine testing – and collaborating with our partners, we were able to succeed when past efforts had fallen short. In February 2018 the Advisory Committee on Heritable Disorders in Newborns and Children recommended to the HHS Secretary that SMA be added to the RUSP.  The HHS Secretary affirmed the advisory committee’s recommendation in July of this year.

But the journey to achieve universal screening did not end with the Committee’s endorsement, or the HHS Secretary’s subsequent approval.  The SMA Newborn Screening Coalition, led by Cure SMA and originally created to support inclusion of SMA on the RUSP, has now turned its focus to state newborn screening programs, encouraging each state to adopt the RUSP recommendation and screen all newborns for SMA.  Momentum is building for the adoption of the SMA screening recommendation.  To date, 4 states have adopted and implemented the recommendation, with pilot programs and significant legislative action occurring in more than 15 other states.

Though our work in newborn screening focuses on the rare disease SMA, our efforts also impact others in the rare disease community. Collaborating with our partners, we have sought to create a framework for other conditions seeking inclusion on the RUSP.  We advocated for the passage of the Newborn Screening Saves Lives Act, which reauthorizes grants for use in revising and extending services related to newborn screening, streamlines the newborn screening process and helps train healthcare individuals. Passed in 2014, the Act ensures that infants are screened for devasting conditions and that their parents and healthcare providers can obtain the resources they need to make effective healthcare decisions. The Act also allows the federal government to undertake pilot studies to expand newborn screenings for heritable disorders nationwide.

Together with our partners in patient advocacy and the medical community, we have worked hand in hand to advocate for early diagnosis of disorders for infants, with the hope of making early access to potentially life-saving medical care and therapies a reality. These partnerships were vital to our recent success in adding SMA to the RUSP and will continue to be important as we identify, diagnose and aim to create innovative treatments for other rare diseases.

Alfred W. Sandrock, Jr., M.D., Ph.D., is Executive Vice President and Chief Medical Officer at Biogen, and has served on the Executive Committee since 2015. He was named Chief Medical Officer in 2012 and since joining the company in 1998, has held several senior executive positions, including Senior Vice President of Development Sciences, Senior Vice President of Neurology Research and Development, and Vice President of Clinical Development, Neurology. Dr. Sandrock received his B.A. in human biology from Stanford University, an M.D. from Harvard Medical School, and a Ph.D. in neurobiology from Harvard University. He completed an internship in medicine, a residency and chief residency in neurology, and a clinical fellowship in Neuromuscular Disease and Clinical Neurophysiology (electromyography) at Massachusetts General Hospital.

22 Oct

For a better innovation support to SMEs

[Source: http://ec.europa.eu/health/ageing/innovation/index_en.htm] Identifier: H2020-INNOSUP-2018-2020Pillar: Industrial LeadershipOpening Date: Deadline: Thu, 12 Apr 2018 17:00:00 (Brussels local time)Modification Date: Mon, 22 Oct 2018Latest information: As planned in the Work Programme, applicants invited to submit a 2nd stage proposal were provided with online feedback and information on how RTCs could be organised. The links to the webinars are provided below by ways of feedback to applicants.
Webinar 1
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