Last year’s European Liver Meeting in London (EASL) was all about
progress made in the treatment of HCV.
In addition to the expected buoyant mood among participants, questions were asked about a) affordability
and even more so, b) the complexity of the treatment landscape.
We have heard a lot about certain pricing pressures in the
HCV space recently. Although more and more observers are now calling an annualized $14-18B market in
the US and Europe alone over the next 10 years one not worth pursuing, I happen to disagree, especially if you are talking
about an $800M market cap company like Regulus Therapeutics (unlike $90-150B for Gilead and Abbvie) and
the continued unmet need in this market.
Practicing physicians want simplicity
Part of the unmet need is the noted complexity of the
treatment landscape. These days, which
drug and for how long you take it depends on a number of factors such as your HCV genotype and liver fibrosis score. Based on today’s data, RG-101, a microRNA inhibitor developed by Regulus Therapeutics
may change this and simplify the life of the busy practicing physician.
Add to this the fact that some subpopulations, e.g. genotype
III (~12% of the 3-4 million US HCV population) have standard of care cure rates (12
week daily Harvoni plus much-hated ribavirin) of just over 80% in clinical
trials, not counting those who either do not get their prescriptions filled, nor the ~5% that get them filled, but then do not adhere to daily pill regimens. Real life, not clinical studies.
RG-101 potency paves the way for simplified regimen
Accordingly, mean viral load reductions of 4.8log were
achieved following a single (!) subcutaneous administration of 4mg/kg (4.1log
for 2mg/kg), making RG-101 the single most potent HCV drug ever tested. Moreover, every subject responded, regardless
of genotype and fibrosis score.
Almost as impressive, for the 2mg/kg single dose cohort where day 84 (SVR12) data is now available, 4 out of the 14 given RG-101 were undetectable for
the virus and could well turn out to be cured from just a single dose of
drug. In the same cohort, two were below
the level of quantitation (BLOQ) on day 57, but rebounded thereafter. This is hardly surprising given that liver
concentrations at that time are predicted to be around 6% of the starting dose.
Importantly, such a rebound is not the same as
treatment failure due to the development of viral drug resistance. A previous mutation analysis by miR-122 competitor
Santaris (Ottosen et al. 2015) which has been developing a less potent anti-miR122 drug has shown that in Man
(unlike in prolonged tissue culture experiments), no drug-resistant escape
mutant to a miR-122 inhibitor is generated. Such a high barrier to resistance can be expected from targeting a host
factor rather than acting as a direct antiviral.
In cases of viral rebound, a simple second shot on day 28 or a higher
dose of say 8mg/kg as I have been whining about for weeks now* would have kept
the virus in check, if not eradicated it.
* Parenthetically, today’s
data showed that I was right that there would likely be a further dose response
from 2mg/kg to 4mg/kg with particular benefit with longer duration (see
diverging curves particularly after day 22), also because in preclinical animal
data, the liver concentrations increase linearly between 1mg/kg to 10mg/kg. This is why I am surprised the company Is not
talking more about the potential of 8mg/kg even though that dose was found to
be safe in the healthy volunteer part of the study.
A sandwich regimen for all
The current data thus support that RG-101 could be the foundation
for a universal HCV treatment regimen
that looks something like that:
When a patient walks into the doc’s office to discuss his
HCV treatment options, the doc convinces him that he should get treated and
offers to give him the first shot of RG-101 at that visit that sits in his fridge. This would take into account
that some patients first say ‘yes’ to treatment, but then don’t get their prescriptions
filled. The doc then writes a
prescription for 28 days of a potent oral DAA pill such as Harvoni and
instructs him to start the pills any time within the next 14 days and asks him to come back after a
month.
On that second visit, the patient will receive his second
dose of RG-101, just to make sure and torch the earth for for the virus another 30+ days. He then tells the patient to finish his pack of
pills and come back in 6
months to confirm that he got rid of HCV.
Sounds simple enough to me.
4weeks daa is not interesting (more new daa combinations likely shorter time).hope they try 2 or 1 week daa
ReplyDelete4-week regimens for all or certain subgroups?
ReplyDeleteNow what happens if Benitec's TT-034 proves efficacious? I wonder what that result would do the the Regulus share price? It's a one shot treatment and the trial is getting close to therapeutic dosing levels. I guess we will just have to wait and see.
ReplyDeleteWhat's Benitec?
ReplyDeleteThis is Benitec
ReplyDeletehttp://www.benitec.com/pipeline/in-house-programs
I thought it was a good play call ?
ReplyDeletePete - You Blow - fire yourself
ReplyDeleteDirk, do you give much credibility to this opinion?
ReplyDeleteEven if you don't have an opinion I am sure Mr. X does. Might be why we have not seen any move from PFE or BMY yet.
http://www.raps.org/Regulatory-Focus/News/2015/02/11/21309/Trade-Talks-Stumble-over-Biologics-Data-Exclusivity/
Trade officials from around the world are potentially just months away from completing what would be the largest free-trade deal in history, but the completion of that deal is reportedly struggling to get past an issue related to the regulation of biologics.
ReplyDeleteBiologics and Data Exclusivity
At issue is what is known as "data exclusivity," the period of time during which other products cannot be approved using the data generated by an innovator company. The term is also known as "regulatory data protection" in some parts of the world.
- See more at: http://www.raps.org/Regulatory-Focus/News/2015/02/11/21309/Trade-Talks-Stumble-over-Biologics-Data-Exclusivity/#sthash.L42MjhTc.dpuf
It looks to me like this is the reason why the market doesn't really react the way it should to great data like that from RGLS and ARWR.
Pfizer to move this week in establishing itself as a biotech player.
ReplyDeleteAre you hearing this story Dirk?
Mr. X a seller of RGLS...again. Mr. M a buyer of ALNY.
ReplyDeleteIs there something we should know?
RGLS set to lower the pps while simultaneously raising the market cap?
ReplyDeleteUse PIPE to establish pps and source capital. Use stock to buy up rivals and their IP etc.
ALNY to benefit.