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Turing Pharmaceuticals says it has begun dosing the first group of subjects in a single ascending dose study, to evaluate the safety, tolerability and pharmacokinetics of an oral formulation of TUR-004 in healthy young adult subjects. The company says the study is aimed at obtaining approval for treating epileptic encephalopathies, a diverse group of severe epilepsy disorders in which uncontrolled epileptic activity contributes to a progressive decline in cognitive and motor function. It adds that FDA has granted fast-track designation for TUR-004.
Avanir Pharmaceuticals has begun enrollment into a Phase 3 clinical trial evaluating AVP-786 for treating agitation in patients with Alzheimer’s disease. It is one of two Phase 3 studies (TRIAD-1 and TRIAD-2), which will evaluate two doses of AVP-786 versus placebo over a period of 12-weeks with endpoints including the Cohen Mansfield Agitation Inventory, the agitation/aggression domain of the Neuropsychiatry Inventory (NPI), other domains of the NPI, measures of global clinical change, and measures of caregiver burden and quality of life. Avanir says it recently received fast-track designation from FDA for the development of AVP-786 for this indication.
New Jersey-based generic pharmaceutical company Teligent, Inc. says it has completed the acquisition of the assets of Alveda Pharmaceuticals for $47 million CAD in cash. According to the company, Alveda had net sales of approximately $16.0M CAD for its fiscal year ended 9/30 and has a pipeline of eight injectable products, 4 of which are under review by Health Canada.
Array BioPharma and Pierre Fabre will collaborate to globally develop and commercialize Array’s late-stage novel oncology products, binimetinib and encorafenib, which are currently advancing in three Phase 3 trials for melanoma and ovarian cancer. According to the companies, Array will receive an upfront payment of $30 million and retain exclusive commercialization rights for the products in the U.S., Canada, Japan, Korea and Israel and Pierre Fabre will have exclusive rights to commercialize both products in all other countries, including Europe, Asia and Latin America.
Alphaeon Corp. has entered into a definitive agreement with PhysIOL of Belgium to jointly develop and commercialize an Alphaeon-branded Trifocal lens technology.
Epic Sciences will collaborate with the Abramson Cancer Center of the University of Pennsylvania on multiple studies to explore biomarkers, identified by analysis of circulating tumor cells (CTC) at a single cell resolution, that are predictive of response to personalized cancer therapeutics. According to the company, its no cell left behind CTC detection and characterization platform is used to quantify the proteomic and genomic changes that accumulate in tumor cells over time and in response to successive rounds of therapy.