Today, a brief rundown of news involving Capricor Therapeutics and GSK, as well as updates from Ambros Therapeutics and United Therapeutics that you may have missed.
The Food and Drug Administration has extended its review of an experimental Duchenne muscular dystrophy cell therapy from Capricor Therapeutics. The agency had an Aug. 22 deadline to decide whether to approve Capricor’s deramiocel for a deadly heart-related complication of Duchenne. But as its CEO told investors earlier this month, Capricor updated its application with follow-up data that can support a “refined” indication “focused on upper limb function.” The FDA deemed that information a “major amendment” and delayed its decision by three months. It’ll now issue a verdict by Nov. 22. An advisory panel voted against deramiocel in cardiomyopathy, but expressed more support for Capricor’s findings on upper limb function.
GSK has won the first clearance of a hepatitis B drug it sees as a blockbuster-to-be. Drug regulators in Japan on Monday approved Hibsago, an antisense oligonucleotide therapy GSK and partner Ionis Pharmaceuticals developed for chronic hepatitis B infections. GSK and Ionis are positioning Hibsago as a “functional cure” for these persistent infections, as the drug has shown the potential in clinical testing to push the virus down to undetectable levels in six months. Regulatory decisions are expected in “multiple geographies,” including the U.S., in the coming months, according to GSK. The drug is one of 15 the company has highlighted as likely to generate more than $2 billion in peak sales in the years ahead.
Pain medicine developer Ambros Therapeutics will go public through a reverse merger with cash-strapped biotechnology firm Werewolf Therapeutics. The drugmakers on Friday announced a deal though which Ambros stockholders will end up with 71.7% of the combined company and Werewolf shareholders will have a 6.8% stake. Investors participating in a concurrent $150 million offering, meanwhile, will gain a 21.5% ownership position. Co-founded by biotech entrepreneur and former presidential candidate Vivek Ramaswamy, Ambros is developing a medication for complex regional pain syndrome Type I, a rare and chronic condition with no FDA-approved treatments. That prospect, "neridronate," is in late-stage testing. Cancer-focused Werewolf, meanwhile, laid off the majority of its staff earlier this year and sought strategic alternatives after running short on cash.
U.S. regulators have begun reviewing a new blood pressure medication from United Therapeutics. According to United, the FDA accepted an application for the pulmonary arterial hypertension drug ralinepag and should make a decision by June 24, 2027. Ralinepag is a newer type of prostacyclin receptor agonist, a therapy designed to help widen blood vessels in people with the condition. United acquired it in a 2018 licensing deal with Arena Pharmaceuticals and, in late-stage testing, the treatment lowered the risk of patients’ disease worsening by 55% when compared to a placebo. Ralinepag's potential approval is one of two coming launches into “multibillion-dollar” markets for United next year, Leerink Partners analyst Roanna Ruiz wrote in a recent research note. The company's also seeking clearance to use another PAH drug, Tyvaso, to treat people with idiopathic pulmonary fibrosis.
