Annual cost of lymphedema treatment fell $12,000, study found
by johnlane45 on Thu Mar 20, 2014 10:15 AM
Reuters) - Germany has granted Northwest Biotherapeutics Inc special permission to sell its experimental brain cancer drug in the country, the company said, and its stock jumped as much as 36 percent. The tiny U.S. biotech received a special "hospital exemption" in Germany, allowing Northwest to sell the injectable drug for five years even though it has not completed its late-stage trial of the immunotherapy, Chief Executive Officer Linda Powers said in an interview. She said the company, which would also have the right to seek renewal of the exemption after five years, has not yet requested or received formal marketing approval for its product. Even before Monday's announcement, Northwest Biotherapeutics shares had surged 60 percent in 2014. Wall Street is closely watching the company, which has reported promising results for its DCVax-L drug in a tiny cadre of patients. But skeptics have questioned whether they will be borne out in a larger population. Northwest has attracted the interest of large institutional players such as Goldman Sachs, while some investors have taken short positions in the stock, at around 9 percent of its shares as of February 14. The exemption in Germany allows Northwest to sell DCVax-L through hospitals and their outpatient clinics for patients with all severities of cancer that begin in the brain, even though it is only being tested in patients newly diagnosed with the most severe form of the disease, called Glioblastoma multiforme (GBM). It is the first hospital exemption in Germany for a product never previously on the market, Powers said. She hopes it will encourage other European nations to look favorably on DCVax-L. The European Union has encouraged member countries to create the hospital exemptions as a way of fostering use of breakthrough biotechnology drugs that have not yet won formal marketing approval. Patients taking DCVax-L in small informal trials, along with standard care, lived 2.5 times as long as typically seen with patients taking standard treatment alone. The German regulator, known as the Paul-Ehrlich-Institute (PEI), said DCVax-L can be used after patients receive the standard care for brain cancer, which consists of surgery, radiation and treatment with Merck & Co Inc's Temodar chemotherapy. Interim data from a late-stage trial of DCVax-L had been expected last month, but has not yet become available, causing concern among investors. The company declined to say when it will provide the interim data on the drug's safety and effectiveness. On Friday, it said an independent data safety monitoring board had recommended the trial continue, based on its safety review. At least 3,000 new cases of GBM are seen in Germany each year, Powers estimated, as well as another 4,000 cases of lower-grade brain tumors that will also be eligible for treatment with DCVax-L. Northwest Biotherapeutics plans to begin selling its drug in the next few months in Germany, and to ramp up production at its manufacturing plant in Leipzig, Powers said. Separately, Germany's centralized government reimbursement authority has authorized Northwest Biotherapeutics to negotiate reimbursement for DCVax-L, Powers said. She added that six major hospital centers in Germany have applied to be eligible for reimbursement for the product, anticipating the hospital exemption. Powers, through different investment entities that include venture capital firm Toucan Partners LLC and drug manufacturer Cognate BioServices Inc, owns 33 percent of Northwest Biotherapeutics' 51 million shares. Other major shareholders include Franklin Advisers Inc, The Vanguard Group and Goldman Sachs. THE CASE FOR A PREMIUM PRICE Northwest Biotherapeutics is pushing ahead following two high-profile disappointments of dendritic cell-based therapies from ImmunoCellular Therapeutics Ltd and Dendreon Corp. Industry analysts say DCVax-L could potentially be worth more than a billion dollars in annual sales if it eventually wins full marketing approval in Europe and the United States. Germany's regulator apparently opened the door to DCVax-L because data from the small earlier trials suggested advantages over standard treatments that offer little help to patients, Powers said. "They realize we're still in our Phase III trial, but appear satisfied with the underlying biology of DCVax-L and the glimpses of effectiveness that were seen in early-stage trials," she said. DCVax-L initially could be priced higher than Temodar, which costs about $65,000 to $70,000 a year. Powers said the price for DCVax-L was warranted because of signs of effectiveness seen in the informal early-stage trials. "When you add Temodar to surgery and radiation you get an additional 2.5 months of survival," Powers said, allowing the average patient to survive 14.5 months. By contrast, the average patient taking DCVax-L plus standard treatment in the smaller Phase I/II trial survived three years, without additional serious side effects. But data from that study, which involved 20 patients with newly diagnosed GBM, were not considered statistically significant because of the small size and informal nature of the trial. DCVax-L is among an emerging new crop of drugs that coax the body's immune system to track down and kill cancer cells. More specifically, it harnesses dendritic cells, or master cells of the immune system that give marching orders to its soldiers, including t-cells and b-cells, which make antibodies. The treatment consists of an individual patient's immature dendritic cells being drawn from the blood and mingled in a laboratory dish with dozens of antigens, or proteins, from brain tumor tissue of the patient obtained in surgery. When purified and injected back into the patient, DCVax-L is meant to prompt t-cells and b-cells to leave the lymph nodes and fan out through the body, seeking and attacking cells having the target antigens. (For a graphic, click: link.reuters.com /cex86v) Northwest Biotherapeutics expects to report complete data from its formal late-stage trial of DCVax-L in 2015, Powers said. The Phase III study, which began in 2008 and is being conducted in Europe and the United States, involves 312 patients who were newly diagnosed with GBM and received standard therapies. "If we meet the goals of the trial, we would plan to apply for marketing approval in Europe and the United States," Powers said. At least 12,000 patients a year develop GBM in the United States, along with a similar number in Europe, Powers said.
by sefa01 on Thu Mar 20, 2014 01:52 PM
I have been on the DCVAX-L study since last fall, after seffering a brain seizure out of the blue last July. It was Stage 4 gliblastoma multiforme (GBM). The procedure is pretty good. You get the vaccine (or placebo) and they take your vitals for two hours at 1/2 hour intervals. I feel well enough to drive home (from the John Theur Cancer Center at HUMC).
This is a double-blind study. But as it says in the handout,"Neither you nor your study doctor will know whether you are receiving DCVax-L or the placebo. However, this information is available to your study doctor if needed in an emergency. If your disease progresses at any point in time after the leukapheresis, you will be given the option to receive the DCVax-L treatment."
Incidentally, the ratio of vaccine/placebo is 2-to-1.
Any others participating in this trial?
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