Tuesday, May 14, 2013

FDA News sBLA submission Seattle Genetics (NASDAQ:SGEN)


Seattle Genetics announces ADCETRIS® (Brentuximab Vedotin) Supplemental BLA accepted for filing by the FDA. sBLA supports use of ADCETRIS for retreatment and extended duration of therapy in relapsed Hodgkin Lymphoma and Systemic ALCL
Full press release follows.
SOURCE: Seattle Genetics
BOTHELL, Wash.--(BUSINESS WIRE)—May 14, 2013, Seattle Genetics, Inc. (NASDAQ:SGEN) announced today that the U.S. Food and Drug Administration (FDA) has accepted for filing a supplement to the Biologics License Application (sBLA) supporting the use of ADCETRIS (brentuximab vedotin) for retreatment and extended duration beyond 16 cycles of therapy in relapsed Hodgkin lymphoma (HL) and systemic anaplastic large cell lymphoma (sALCL). The FDA is expected to take action on the application by September 14, 2013. ADCETRIS is an antibody-drug conjugate (ADC) directed to CD30, a defining marker of HL and sALCL, that was granted accelerated approval by the FDA in August 2011 for relapsed HL and relapsed sALCL.
“The FDA’s acceptance of our sBLA submission is an important step towards making ADCETRIS available in the retreatment and extended duration setting, and we look forward to the regulatory outcome.”
“Our goal is to broaden the ADCETRIS U.S. labeling claims to provide both patients and physicians the opportunity to incorporate ADCETRIS into additional HL and sALCL treatment settings,” said Clay B. Siegall, Ph.D., President and Chief Executive Officer of Seattle Genetics. “The FDA’s acceptance of our sBLA submission is an important step towards making ADCETRIS available in the retreatment and extended duration setting, and we look forward to the regulatory outcome.”
The sBLA is based on results from a phase 2 clinical trial with two treatment arms. One arm evaluated retreatment with ADCETRIS in patients who previously responded to treatment with ADCETRIS, then discontinued treatment and subsequently had disease progression or relapse. The other arm evaluated extended treatment with ADCETRIS beyond 16 cycles of therapy. The sBLA submission includes updated data sets from this phase 2 trial.
Preliminary data from this trial were previously reported at the 2011 American Society of Hematology (ASH) Annual Meeting and at the 2012 American Society of Clinical Oncology (ASCO) Annual Meeting. Highlights include:
Retreatment:
   Of 23 evaluable patients who were retreated with ADCETRIS, 70 percent (16 of 23) achieved an objective response, including nine complete remissions and seven partial remissions.
   Median duration of retreatment objective response was 8.8 months.
   ADCETRIS was generally well tolerated in the retreatment setting. The most common adverse events were peripheral neuropathy (46 percent), nausea (42 percent), fatigue (38 percent), diarrhea (33 percent) and fever (29 percent), the majority of which were Grade 1 or 2.
Extended duration of treatment:
   Extended treatment data were reported from 17 patients with a median duration of treatment of 17.3 months (approximately 24 cycles of every three-week dosing).
   The overall objective response rate with extended treatment was 88 percent, including 76 percent complete remissions and 12 percent partial remissions.
   ADCETRIS was generally well tolerated in this setting, with the most common adverse events being peripheral neuropathy (71 percent), upper respiratory infection (53 percent) and fatigue (47 percent). Adverse events were effectively managed by dose delays and reductions, with less than ten percent of doses delayed or reduced. All events of peripheral neuropathy and upper respiratory infection were Grade 1 and 2 and one patient experienced a Grade 3 fatigue event.
ADCETRIS is currently not approved for retreatment and extended duration beyond 16 cycles of therapy in relapsed HL and sALCL.
About Lymphoma
Lymphoma is a general term for a group of cancers that originate in the lymphatic system. There are two major categories of lymphoma: Hodgkin lymphoma and non-Hodgkin lymphoma. Hodgkin lymphoma is distinguished from other types of lymphoma by the presence of one characteristic type of cell, known as the Reed-Sternberg cell. The Reed-Sternberg cell generally expresses CD30. Systemic ALCL is an aggressive type of T-cell non-Hodgkin lymphoma that also expresses CD30.
About ADCETRIS
ADCETRIS (brentuximab vedotin) is an ADC comprising an anti-CD30 monoclonal antibody attached by a protease-cleavable linker to a microtubule disrupting agent, monomethyl auristatin E (MMAE), utilizing Seattle Genetics’ proprietary technology. The ADC employs a linker system that is designed to be stable in the bloodstream but to release MMAE upon internalization into CD30-expressing tumor cells.
ADCETRIS was granted accelerated approval by the FDA in August 2011 and approval with conditions by Health Canada in February 2013 for two indications: (1) the treatment of patients with HL after failure of autologous stem cell transplant (ASCT) or after failure of at least two prior multi-agent chemotherapy regimens in patients who are not ASCT candidates, and (2) the treatment of patients with sALCL after failure of at least one prior multi-agent chemotherapy regimen. The indications for ADCETRIS are based on response rate. There are no data available demonstrating improvement in patient-reported outcomes or survival with ADCETRIS.
ADCETRIS was granted conditional marketing authorization by the European Commission in October 2012 for the treatment of adult patients with relapsed or refractory CD30+ Hodgkin lymphoma (HL): (1) following autologous stem cell transplant (ASCT), or (2) following at least two prior therapies when ASCT or multi-agent chemotherapy is not a treatment option. ADCETRIS is indicated for the treatment of adult patients with relapsed or refractory sALCL. See important safety information below.
ADCETRIS is being evaluated in more than 20 ongoing clinical trials across both corporate and investigator-sponsored studies. The trials are designed to broadly evaluate the potential of ADCETRIS in earlier lines of its approved indications as well as in many additional types of CD30-positive malignancies, including cutaneous T-cell lymphoma (CTCL), B-cell lymphomas and mature T-cell lymphomas (MTCL). For more information, visit www.clinicaltrials.gov. The clinical trials include:
   ALCANZA, a phase 3 trial in relapsed CD30-positive CTCL
   ECHELON-1, a phase 3 frontline trial in HL
   ECHELON-2, a phase 3 frontline trial in MTCL
   Phase 2 trial for relapsed or refractory CD30-positive non-Hodgkin lymphomas
   Phase 2 frontline HL in patients age 60 and older
   Phase 2 trial for CD30-positive non-lymphoma malignancies
Seattle Genetics and Millennium are jointly developing ADCETRIS. Under the terms of the collaboration agreement, Seattle Genetics has U.S. and Canadian commercialization rights and the Takeda Group has rights to commercialize ADCETRIS in the rest of the world. Seattle Genetics and the Takeda Group are funding joint development costs for ADCETRIS on a 50:50 basis, except in Japan, where the Takeda Group is solely responsible for development costs.
About Seattle Genetics
Seattle Genetics is a biotechnology company focused on the development and commercialization of monoclonal antibody-based therapies for the treatment of cancer. The company’s lead program, ADCETRIS (brentuximab vedotin), received accelerated approval from the U.S. Food and Drug Administration in August 2011 and approval with conditions from Health Canada in February 2013 for two indications. In addition, under a collaboration with Millennium: The Takeda Oncology Company, ADCETRIS received conditional approval from the European Commission in October 2012. Seattle Genetics also has four other clinical-stage ADC programs: SGN-75, ASG-5ME, ASG-22ME and SGN-CD19A. Seattle Genetics has collaborations for its ADC technology with a number of leading biotechnology and pharmaceutical companies, including AbbVie, Agensys (an affiliate of Astellas), Bayer, Celldex, Daiichi Sankyo, Genentech, GlaxoSmithKline, Millennium, Pfizer and Progenics, as well as ADC co-development agreements with Agensys and Genmab. More information can be found at www.seattlegenetics.com.
U.S. Important Safety Information
BOXED WARNING
Progressive multifocal leukoencephalopathy (PML): JC virus infection resulting in PML and death can occur in patients receiving ADCETRIS.
Contraindication:
Concomitant use of ADCETRIS and bleomycin is contraindicated due to pulmonary toxicity.
Warnings and Precautions:
   Peripheral neuropathy: ADCETRIS treatment causes a peripheral neuropathy that is predominantly sensory. Cases of peripheral motor neuropathy have also been reported. ADCETRIS-induced peripheral neuropathy is cumulative. Treating physicians should monitor patients for symptoms of neuropathy, such as hypoesthesia, hyperesthesia, paresthesia, discomfort, a burning sensation, neuropathic pain or weakness and institute dose modifications accordingly.
   Infusion reactions: Infusion-related reactions, including anaphylaxis, have occurred with ADCETRIS. Monitor patients during infusion. If an infusion reaction occurs, the infusion should be interrupted and appropriate medical management instituted. If anaphylaxis occurs, the infusion should be immediately and permanently discontinued and appropriate medical management instituted.
   Neutropenia: Monitor complete blood counts prior to each dose of ADCETRIS and consider more frequent monitoring for patients with Grade 3 or 4 neutropenia. If Grade 3 or 4 neutropenia develops, manage by dose delays, reductions or discontinuation. Prolonged (≥1 week) severe neutropenia can occur with ADCETRIS.
   Tumor lysis syndrome: Patients with rapidly proliferating tumor and high tumor burden are at risk of tumor lysis syndrome and these patients should be monitored closely and appropriate measures taken.
   Progressive multifocal leukoencephalopathy (PML): JC virus infection resulting in PML and death has been reported in ADCETRIS-treated patients. In addition to ADCETRIS therapy, other possible contributory factors include prior therapies and underlying disease that may cause immunosuppression. Consider the diagnosis of PML in any patient presenting with new-onset signs and symptoms of central nervous system abnormalities. Evaluation of PML includes, but is not limited to, consultation with a neurologist, brain MRI, and lumbar puncture or brain biopsy. Hold ADCETRIS if PML is suspected and discontinue ADCETRIS if PML is confirmed.
   Stevens-Johnson syndrome: Stevens-Johnson syndrome has been reported with ADCETRIS. If Stevens-Johnson syndrome occurs, discontinue ADCETRIS and administer appropriate medical therapy.
   Use in pregnancy: Fetal harm can occur. Pregnant women should be advised of the potential hazard to the fetus.
Adverse Reactions:
ADCETRIS was studied as monotherapy in 160 patients in two phase 2 trials. Across both trials, the most common adverse reactions (≥20%), regardless of causality, were neutropenia, peripheral sensory neuropathy, fatigue, nausea, anemia, upper respiratory tract infection, diarrhea, pyrexia, rash, thrombocytopenia, cough and vomiting.
Drug Interactions:
Patients who are receiving strong CYP3A4 inhibitors concomitantly with ADCETRIS should be closely monitored for adverse reactions.
For additional important safety information, including Boxed WARNING, please see the full U.S. prescribing information for ADCETRIS at www.seattlegenetics.com or www.ADCETRIS.com.
Certain of the statements made in this press release are forward looking, such as those, among others, relating to the company’s expectations for the addition of the label claims sought in the sBLA. Factors that may cause such a difference include that the submitted data are not sufficient to provide for approval of the claims in the sBLA. More information about the risks and uncertainties faced by Seattle Genetics is contained in the company’s 10-Q for the quarter ended March 31, 2013, filed with the Securities and Exchange Commission. Seattle Genetics disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts
Seattle Genetics, Inc.
Investors:
Peggy Pinkston, 425-527-4160
ppinkston@seagen.com
or
Media:
Tricia Larson, 425-527-4180
tlarson@seagen.com


Wednesday, May 1, 2013

Financing News: Proteus Digital Health Secures $62.5M Series F


Proteus Digital Health completes $62.5 Million financing. Proceeds to advance development of digital medicine products.
Full press release follows.
SOURCE: Proteus Digital Health
REDWOOD CITY, Calif.--(BUSINESS WIRE)—May 1, 2013, Proteus Digital Health, Inc., announced today that the company has completed a second closing of its Series F financing, raising $62.5 million in total. New corporate investor Oracle joins Otsuka, Novartis, Sino Portfolio and others in this funding round.
“By embedding Proteus technology into established, market leading products & services we are changing healthcare and empowering patients, physicians and researchers with digital technology.”
Proteus Digital Health is working to create a new category of products, services and data systems that have the potential to significantly improve the effectiveness of existing pharmaceutical treatments, leading to fundamentally new care paradigms. Called Digital Medicines, these new pharmaceuticals will contain a tiny sensor that can communicate, via a digital health feedback system, vital information about an individual’s medication-taking behavior and how their body is responding.
“The commitment of our strategic partners helps us to accelerate our mission,” said Andrew Thompson, CEO of Proteus. “By embedding Proteus technology into established, market leading products & services we are changing healthcare and empowering patients, physicians and researchers with digital technology.”
About Proteus Digital Health
Proteus Digital Health is pioneering a new category of products, services and data systems based on ingestible sensing. Its core technology—the digital health feedback system—provides an unprecedented view into an individual’s personal health choices and physiologic response, allowing patients to better manage their health and more effectively collaborate with caregivers and clinicians while enabling new information-based business models. Proteus has received a CE mark in Europe and FDA market clearance in the U.S. for its wearable and ingestible sensor devices. Headquartered in Redwood City, Calif., Proteus is privately held and funded by Carlyle, Essex Woodlands, Kaiser Permanente, Medtronic, Novartis, Otsuka, Oracle, ON Semiconductor and other investors. For more information please visit proteusdigitalhealth.com.
Trademark
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contacts
Proteus Digital Health, Inc.
Robin Suchan, 415-946-1055
rsuchan@wcgworld.com

Tuesday, April 30, 2013

Survey: MedTech Industry Social Media/Digital Trends


New survey by Grey Matter Marketing, designed to poll medical device/medical technology executives about social media/digital trends & utilization. Survey closes on 5/15/2013.

The survey can be accessed at: http://tiny.cc/5eq3vw

Full press release follows.

SOURCE: Grey Matter Marketing, www.greymattermarketing.com

                                                                                           
Contact: Joanna Rice
Grey Matter Marketing
Director of Public Relations
951-751-1858

GREY MATTER MARKETING LAUNCHES INDUSTRY-WIDE
MEDICAL TECHNOLOGY DIGITAL MARKETING SURVEY

Santa Barbara, Calif. (April 30, 2013) -- Medical technology firms are increasingly integrating social media/digital strategies into their sales and marketing and product development business strategies. To better understand how the medical technology industry is addressing and utilizing social media, while navigating the regulatory challenges, Grey Matter Marketing, a full-service medical technology-focused marketing agency, is rolling out a digital marketing survey designed to poll medical technology marketing/sales executives about how they are leveraging the potential of social media to engage and learn from patients and professionals, as well as how to develop a compliant yet results-driven social media program. Grey Matter Marketing will cull the survey results into an industry guide designed specifically for medical technology marketing professionals. 

The 10-minute survey closes on May 15, 2013 and can be accessed at, http://tiny.cc/5eq3vw.

According to Holley Malia, President & CEO of Grey Matter Marketing, “The survey results will help medical technology professionals better understand how their company compares to others when it comes to aligning digital marketing strategies with strategic business goals. The outcome will also provide the supporting evidence needed to recommended specific digital marketing strategies to colleagues.”

“The medical technology industry is poised to further embrace and exploit digital marketing,” added Valerie Barro, Adjunct Marketing Professor in the department of Finance, International Business and Marketing, Santa Barbara City College, and principal architect of the survey. “Medical technology firms are making strides to leverage online media as a cost-effective marketing engagement tool and a channel to identify perceptions of their products and brands in the marketplace. Our survey is designed, in part, to investigate how med tech firms perceive the influence of digital marketing with such factors as persuading patients in treatment selection."

To thank participants for their time, those who complete the survey will receive:
·    First access to the full survey results.
·    The 10+ page industry guide “Digital Marketing Strategies for Medical Technology Companies
·    The opportunity to be publicly quoted in, or submit a case study to, the final report.

“Survey participants interested in learning more about digital marketing as it relates to medical technology companies – including the latest trends, ROI, and how to sell-in digital marketing to the management team – can also request a risk-free digital marketing briefing,” said Ms. Malia.  “Contact us with the subject ‘Digital Survey’ to set up a phone consultation.”

“Grey Matter Marketing knows that industry leaders need to stay on top of the latest trends and best practices, and we want to help. Be the first to know important digital marketing strategies for medical technology companies by participating in our survey,” said Ms. Malia.

About Grey Matter Marketing
Grey Matter Marketing is an award-winning, full-service healthcare marketing agency based in Santa Barbara, California working with innovation-focused companies and VC firms to build their brand story. We move products and services across specialties, around the globe, and firmly into industry standards. We bring clarity to the intricate issues facing the healthcare market to deliver solutions that enable company brands to build strong connections with providers and patients.

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