Abelacimab

Plus, news about Anthos, Ascendis, Royalty Pharma, Semnur, Sonoma, Atara, Feldan, Indivior, Aelis Farma and Acepodia: Vaxcyte launches $1B offering: The raise comes fresh off the company’s pneumococcal vaccine data that sent its stock $PCVX soaring on Tuesday. Vaxcyte selected VAX-31 to advance to a Phase 3 trial in mid-2025 over another vaccine, VAX-24. It can tack on an additional $150 million if all the options are exercised. — Max Gelman Genentech to lay off 93 staffers: In another round of layoffs, Roche’s Genentech is cutting 93 roles at its South San Francisco site starting in October, according to a Californian WARN notice. The site houses over 40 buildings and includes scientific research, manufacturing and other business functions. Genentech said earlier this year that it has plans to cut around 400 workers and restructure its portfolio . — Anna Brown Anthos Therapeutics suggests patients can stay on experimental anticoagulant before surgery: The company on Tuesday shared additional data from a clinical study of its once-monthly factor XI antibody treatment in people with atrial fibrillation, suggesting they do not need to interrupt treatment with abelacimab before elective procedures. In the study, people on the control arm received Xarelto and were allowed to stop taking it 24 to 48 hours prior to their procedure. Seven of 852 patients (0.8%) in the abelacimab arm had major procedure-related bleeds, compared to 6 of 428 (1.4%) in the Xarelto arm. — Lei Lei Wu Ascendis snags $150M in new Royalty Pharma deal: Less than a month after snagging FDA approval for Yorvipath, Ascendis is selling off US royalties of the hypoparathyroidism drug. In exchange for paying $150 million upfront, Royalty Pharma gets 3% royalties on new US sales. The length of the payments is contingent on how quickly Royalty earns back its investment. — Max Bayer Semnur hits Wall Street via SPAC: The company is merging with special-acquisition company Denali Capital Acquisition Corp. in a $2.5 billion deal. Semnur is owned by Scilex Holding Company, which itself took the SPAC route to go public in 2022. — Max Bayer Sonoma Biotherapeutics records $45M milestone: The payment from Regeneron Pharmaceuticals stems from a deal inked in 2023 to develop and commercialize T cell therapies for inflammatory bowel disease and two other undisclosed indications. — Jaimy Lee Atara Biotherapeutics seeks $36M: The company raised the money in a registered direct offering, getting funding from Redmile Group, EcoR1 Capital and Adiumentum Capital Management. An unnamed “large public biotechnology company” also participated in the offering. — Max Gelman Feldan Therapeutics closes $21M Series B: The money will go toward completing a Phase 1/2a trial for the company’s non-invasive intralesional treatment for basal cell carcinoma, which is meant to be an alternative to surgery. Genesys Capital and Fonds de solidarité FTQ co-led the round . — Katherine Lewin Indivior, Aelis Farma drug fails Phase 2b trial: A study investigating a treatment for patients with moderate-to-severe cannabis use disorder didn’t hit the primary or secondary endpoints. The primary endpoint was the proportion of participants who reduced their cannabis use to one day or less per week. Indivior said it will not exercise an exclusive option to license the global rights to the treatment. — Katherine Lewin Acepodia inks Pfizer Ignite collab: The company is collaborating with Pfizer Ignite to advance its off-the-shelf cell therapies to treat autoimmune diseases. Financial terms weren’t disclosed. Acepodia said it retained all rights to its lead program, ACE1831, and Pfizer Ignite “will provide strategic guidance and resources.” — Max Bayer

CAMBRIDGE, Mass.--( BUSINESS WIRE )-- Anthos Therapeutics, Inc. , a transformative, clinical-stage biopharmaceutical company developing innovative therapeutic options for the treatment of cardiovascular metabolic diseases, founded by Blackstone Life Sciences (BXLS) , announced today, at a late-breaking session of the European Society for Cardiology (ESC) Congress, a new analysis from the landmark AZALEA-TIMI 71 study, demonstrated that approximately 1% of patients randomized to abelacimab, an investigational Factor XI inhibitor, experienced a major or clinically relevant non-major procedural bleed while undergoing invasive procedures. An estimated 20% of patients treated with an anticoagulant undergo invasive procedures per year, with frequent interruption of therapy. 1,2 Thus, the perioperative management of therapies is a common scenario encountered among patients with atrial fibrillation treated with anticoagulants for stroke prevention. “These results are encouraging and add to the growing body of evidence supporting the safety profile of abelacimab and suggest that long-acting factor XI inhibition is feasible in a contemporary atrial fibrillation patient population who commonly require invasive procedures,” said Siddharth (Sid) Patel, MD, presenting Investigator from the TIMI Study Group and a Cardiologist at Brigham and Women’s Hospital in Boston. “While traditionally the approach for DOACs (and warfarin) has been to interrupt anticoagulation for most elective procedures, these data suggest that such routine interruption may not be necessary with abelacimab for all elective procedures.” The most severe complication of atrial fibrillation is stroke 3 , which can be prevented by taking an anticoagulant, or “blood thinner.” Affecting 60 million people worldwide 4 , the prevalence of AF is expected to increase by 60% by 2050 due to an aging population and rising cardiometabolic risk factors. 5 The Centers for Disease Control and Prevention (CDC) estimates that 12.1 million people in the United States will have atrial fibrillation by 2030. “For patients who are taking current standard-of-care anticoagulants to mitigate their risk of stroke, it can be frightening to have to stop taking treatment – even temporarily – to undergo any procedure. Abelacimab has the potential to reduce this fear,” said Mellanie True Hills, Founder and Chief Executive Officer at StopAfib.org, and the American Foundation for Women’s Health. “The potential with abelacimab to no longer need to stop and restart treatment will minimize stress for the very large number of atrial fibrillation patients who undergo a broad range of procedures each year.” Abelacimab is a novel, highly selective, investigational, fully human monoclonal antibody that binds tightly to Factor XI to block its activation and prevent the generation of the activated form (Factor XIa). 6 This mimics natural Factor XI deficiency, which is associated with protection from thromboembolic disease. 7 “Building on the overwhelmingly positive data released in late 2023, these new findings from the AZALEA-TIMI 71 study further reinforce the fundamental premise of the promise of Factor XI inhibition – preventing thrombotic events without effecting normal hemostasis,” said Dan Bloomfield, MD, Chief Medical Officer of Anthos Therapeutics. “Even when the risk of bleeding is highest, during surgery or invasive procedures, patients treated with abelacimab have a very low rate of bleeding, despite near complete inhibition of Factor XI. The safety of abelacimab, a long-acting anticoagulant, in a patient population in whom invasive procedures are common, elevates its promise for patients, and if approved, as a potentially very attractive therapeutic option for those seeking a safer, more convenient anticoagulant.” AZALEA-TIMI 71 Peri-Procedural Data at the European Society of Cardiology Congress 1,287 patients followed for a median of 2.1 years 920 invasive procedures occurred (34% in abelacimab arms vs. 36% for rivaroxaban) Standard-of-care approach allowed for interruption of rivaroxaban 24-48 hours prior to procedures When analyzed at the patient level, 0.8% of patients randomized to abelacimab (7 events among 852 patients) versus 1.4% of patients randomized to rivaroxaban (6 events among 428 patients) experienced a procedure-related major/CRNM bleed (RR 0.58 [0.20-1.73]) Assessed at the procedure level, 14 procedure-related major/CRNM bleeds occurred, 1.2% of all procedures in the abelacimab arms vs. 2.2% of all procedures in the rivaroxaban arm (RR 0.54 [95% CI, 0.19-1.58]) About the AZALEA-TIMI 71 Study In September 2023, the AZALEA-TIMI 71 study was stopped early by the independent Data Monitoring Committee due to an overwhelming, greater-than-anticipated reduction in major and clinically relevant non-major bleeds in abelacimab and a benefit/risk profile also favoring abelacimab. The AZALEA-TIMI 71 study enrolled 1,287 patients across 95 global study sites, including the U.S. and Canada, Europe and Asia. The independent data monitoring committee (IDMC) recommended that the study end early because of a substantially greater than anticipated reduction in major and clinically relevant non-major bleeding in the abelacimab arms compared to rivaroxaban and a benefit: risk ratio that favored abelacimab. The study was an event-driven, randomized, active-controlled, blinded endpoint, parallel-group study with a primary endpoint that evaluated the effect of two blinded doses of abelacimab relative to open-label rivaroxaban in patients with atrial fibrillation (AF) who are at moderate-to-high risk of stroke. The primary endpoint of the AZALEA-TIMI 71 study was the composite of the rate of major or clinically relevant non-major bleeding events. The secondary endpoint was major bleeding on its own. Patients were randomized 1:1:1 and administered subcutaneous (SC) abelacimab 150 mg once-monthly, abelacimab 90 mg once-monthly, or rivaroxaban 20 mg daily. With a median follow-up of 21 months, spanning more than 2,000 patient-years, the AZALEA-TIMI 71 study is the largest and longest head-to-head study of a Factor XI inhibitor to provide definitive evidence of a highly significant reduction in bleeding as compared to a standard-of-care anticoagulant. Summary of Results as Presented During the American Heart Association 2023 Scientific Sessions: 8 Primary endpoint met with a 67% reduction in major or clinically relevant non-major bleeding (CRNM) with abelacimab 150 mg compared with rivaroxaban 20 mg in patients with atrial fibrillation who are at moderate-to-high risk of stroke (P<0.001, HR 0.33, 95% Cl 0.19–0.55) 74% reduction in major bleeding alone with abelacimab 150 mg vs rivaroxaban 20 mg (P=0.002, HR 0.26, 95% CI 0.11-0.61) 93% reduction in gastrointestinal (GI) bleeding with abelacimab 150 mg vs rivaroxaban 20 mg (P=0.008, HR 0.07, 95% Cl 0.01-0.50) 51% reduction in net clinical outcome with abelacimab 150 mg vs rivaroxaban 20 mg (P<0.001, HR 0.49, 95% CI 0.33-0.71) Factor XI inhibition of ~99% with abelacimab 150 mg dosed once monthly AZALEA-TIMI 71 Open-Label Extension (OLE) As part of the AZALEA-TIMI 71 study protocol, an optional extension period was included to gather longer-term data. The study was stopped early by the independent data monitoring committee (IDMC) due to a notable imbalance of bleeding events favoring abelacimab over rivaroxaban, with the benefit-to-risk ratio clearly favoring abelacimab. Following this, an open-label extension commenced, and investigative sites had the option to participate or not. Patients who completed the end-of-treatment visit and met the eligibility criteria for the extension period had the choice to participate or not. Approximately 84% of eligible patients chose to transition to abelacimab, with 75% of patients in the rivaroxaban arm voluntarily transitioning from the once-daily oral anticoagulant to once-monthly abelacimab. About the LILAC-TIMI 76 Phase 3 Study The LILAC-TIMI 76 study is an event-driven, randomized, placebo-controlled, double-blind, parallel-group study to evaluate the efficacy and safety of abelacimab relative to placebo on the rate of ischemic stroke or systemic embolism in patients with atrial fibrillation (AF) who have been deemed to be unsuitable for currently available anticoagulation therapy. Patients in the study will be randomized to receive abelacimab 150 mg subcutaneous (SC) or matching placebo once monthly. The study is targeting to enroll approximately 1,900 patients from more than 400 sites in North America, Europe, Latin America, the Middle East and Asia. About Abelacimab Abelacimab is a novel, highly selective, fully human monoclonal antibody that binds tightly to Factor XI to block its activation and prevent the generation of the activated form (Factor XIa). 6 This mimics natural Factor XI deficiency, which is associated with protection from thromboembolic disease. 7 As a monoclonal antibody, abelacimab is not metabolized via the cytochrome P450 system or as a substrate for P-glycoprotein, meaning the risk of drug-drug interactions is very low. 9 There is no need to adjust the dose based on age or renal/hepatic status. 9 Factor XI inhibition offers the promise of hemostasis-sparing anticoagulation for the prevention and treatment of arterial and venous thromboembolic events. 9 Abelacimab is the only Factor XI inhibitor being studied for both conditions. In patients with atrial fibrillation, abelacimab is planned to be dosed subcutaneously (SC) monthly to maintain near-complete inhibition in a chronic setting. It is also planned to be administered via an initial intravenous (IV) infusion for acute indications requiring immediate onset of action and then followed by subsequent monthly SC administration. In the AZALEA-TIMI 71 study, abelacimab 150 mg dosed subcutaneously once-monthly, inhibited Factor XI by 99%. 8 In a PK/PD study, abelacimab administered IV provided profound suppression of Factor XI within one hour after the start of therapy and maintained near maximal inhibition for up to 30 days. 10 In a Phase 2 study published in the New England Journal of Medicine in 2021, a single intravenous dose of abelacimab after knee surgery reduced the rate of venous thromboembolism by 80%, measured 10 days after surgery, compared to enoxaparin. 11 Abelacimab received a Fast Track Designation from the FDA in July 2022 for the treatment of thrombosis associated with cancer. In September 2022, abelacimab was also granted a Fast Track Designation for the prevention of stroke and systemic embolism in patients with atrial fibrillation. Abelacimab is an investigational agent and is not approved for any indication in any country. About Anthos Therapeutics Anthos Therapeutics was founded by Blackstone Life Sciences in 2019 and obtained from Novartis Pharma AG the exclusive global rights to develop, manufacture, and commercialize abelacimab. Anthos Therapeutics, Inc., a transformative, clinical-stage biopharmaceutical company developing innovative therapeutic options for the treatment of cardiovascular metabolic diseases. For more information, visit the Company’s website and follow on Twitter and LinkedIn . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties, including statements regarding the initiation, and timing, of future clinical trials and its research and development. All statements, other than statements of historical facts, contained in this press release, including statements regarding the company’s strategy, future operations, future financial position, prospects, plans and objectives of management, are forward-looking statements. The words “anticipate,” “become,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements. In addition, the forward-looking statements included in this press release represent the company’s views as of the date hereof and should not be relied upon as representing the company’s views as of any date subsequent to the date hereof. The company anticipates that subsequent events and developments will cause the company’s views to change. However, while the company may elect to update these forward-looking statements at some point in the future, the company specifically disclaims any obligation to do so. 1 Douketis James D, et al Perioperative Management of Antithrombotic Therapy: An American College of Chest Physicians Clinical Practice Guideline. Chest. Nov 2022; 162 (5); e207-e243 2 Douketis JD, Spyropoulos AC. Perioperative Management of Patients Taking Direct Oral Anticoagulants: A Review. JAMA. 2024 Aug 12 3 American Heart Association website; Atrial Fibrillation page 4 Patel SM, Ruff CT. Curr Cardiol Rep. 2024 Jul 23. 5 Rahman F et al. Nat Rev Cardiol 2014;11(11):639-54 6 Gailani D, Gruber A. Blood. 2024 Apr 11;143(15):1465-1475 7 Goodman SG et al. Crit Pathways in Cardiol 2024;23: 47–57 8 TIMI Study Group website; AZALEA-TIMI 71 page 9 Hsu et al. J Am Coll Cardiol. Aug. 2021 10 Yi BA et al. J Thromb Haemost. Oct. 2021 11 Verhamme P et al. New Engl J Med July 2021