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Silo Pharma Enters into Letter of Intent to Form Joint Venture with Hoth Therapeutics to Develop Obesity Treatment Targeting $16 Billion Global Market
Globenewswire· 2025-06-25 12:38
Core Insights - Silo Pharma has entered into a non-binding letter of intent to form a 50:50 joint venture with Hoth Therapeutics to develop a treatment for obesity and metabolic diseases based on technology licensed from the U.S. Department of Veterans Affairs [1][3] - The joint venture aims to leverage a novel therapeutic platform centered on glial cell line-derived neurotrophic factor (GDNF), which has shown anti-obesity effects in preclinical models [2][4] - The obesity market is valued at approximately $16 billion, with the potential for significant impact on veterans and civilians suffering from metabolic disorders [3][4] Unmet Need - Over 40% of U.S. adults are affected by obesity, which is a leading risk factor for various health issues, including diabetes and cardiovascular disease [4] - Veterans face unique challenges related to obesity, including chronic inflammation and PTSD-related metabolic disruptions, highlighting the need for effective treatments [4] Strategic Alignment - The partnership will utilize the exclusive U.S. license from the Department of Veterans Affairs, ensuring comprehensive coverage for all fields of use [7] - The joint venture structure allows for equal equity and governance participation between Silo Pharma and Hoth Therapeutics [7] - The collaboration combines the clinical infrastructure of the VA, Hoth's regulatory expertise, and Silo's translational capabilities [8]
Soleno Therapeutics Highlights New Data on VYKAT(TM) XR at the 2025 United in Hope: International Prader-Willi Syndrome Conference
Globenewswire· 2025-06-25 12:00
Core Insights - Soleno Therapeutics presented new data on VYKAT XR (diazoxide choline) extended-release tablets at the 2025 International Prader-Willi Syndrome Conference, highlighting its potential benefits for individuals with Prader-Willi Syndrome (PWS) [1][2] Group 1: Efficacy of VYKAT XR - VYKAT XR significantly reduces hyperphagia symptoms in PWS patients managed with strict food controls, showing statistically significant reductions in HQ-CT Total scores (p ≤ 0.0001) [5] - Participants in highly food-restricted environments benefited from VYKAT XR treatment similarly to those in less restricted environments, indicating broad applicability of the treatment [5] Group 2: Safety and Efficacy in Co-Morbid Conditions - 60% of study participants had evidence of pre-diabetes or diabetes (PD/DM) at baseline, with efficacy outcomes at Week 156 showing similar results for both PD/DM and normoglycemic groups (p<0.0001) [7] - Although a higher proportion of hyperglycemia-related adverse events were reported in the PD/DM group (42.7% vs 24.0%), these events were generally manageable, and treatment discontinuation rates were low (4.0% in PD/DM vs 6.0% in normoglycemic) [8][9] Group 3: Background on Prader-Willi Syndrome - Prader-Willi Syndrome is a rare genetic neurodevelopmental disorder affecting approximately 1 in every 15,000 live births, characterized by hyperphagia, which can lead to severe health complications [10][11] - Hyperphagia in PWS can result in significant mortality and long-term co-morbidities such as diabetes, obesity, and cardiovascular disease [12] Group 4: Product Information - VYKAT XR was approved by the FDA on March 26, 2025, and is indicated for the treatment of hyperphagia in adults and pediatric patients aged 4 years and older with PWS [13][18]
Biogen to Advance Investigational Spinal Muscular Atrophy Asset to Registrational Studies Based on Positive Interim Phase 1 Results
Globenewswire· 2025-06-25 11:30
Core Insights - Biogen Inc. announced topline results from the Phase 1 study of salanersen, an antisense oligonucleotide for spinal muscular atrophy (SMA), showing potential for high efficacy and once yearly dosing [1][5] - The Phase 1 study demonstrated substantial slowing of neurodegeneration and clinically meaningful improvements in motor function in children previously treated with gene therapy [2][5] - Biogen is engaging with global health authorities to advance salanersen into registrational studies based on encouraging Phase 1 data [4][5] Study Details - The Phase 1 study included two parts: a randomized placebo-controlled segment in healthy adults and an open-label segment in pediatric SMA participants who had previously received ZOLGENSMA [2][4] - Interim results from the open-label segment (n=24) indicated that both 40 mg and 80 mg doses of salanersen were well-tolerated, with a mean reduction in neurofilament light chain (NfL) of 70% at 6 months [2][4] - Exploratory data showed that half of the participants (4 out of 8) achieved new WHO motor milestones after receiving salanersen [3][4] Safety Profile - The safety profile of salanersen was generally well-tolerated, with most adverse events being mild to moderate, including pyrexia and upper respiratory tract infections [4][5] - The study's findings suggest that salanersen could address critical unmet needs in SMA treatment, building on Biogen's extensive experience in the field [3][5] Industry Context - SMA is a rare genetic neuromuscular disease affecting approximately 1 in 10,000 live births, characterized by progressive muscle atrophy and weakness [7][8] - SPINRAZA, another treatment for SMA, has been approved in over 71 countries and has treated more than 14,000 individuals worldwide, establishing a foundation of care in SMA [9][10]
First Patient Enrolled in Aclarion's Groundbreaking CLARITY Trial
Globenewswire· 2025-06-25 10:00
Core Insights - Aclarion, Inc. has initiated the first patient enrollment in the CLARITY trial, which aims to evaluate the clinical and economic value of its Nociscan platform in spine surgery for chronic low back pain [1][6] Company Overview - Aclarion is a healthcare technology company that utilizes Magnetic Resonance Spectroscopy (MRS), proprietary signal processing techniques, biomarkers, and augmented intelligence algorithms to enhance clinical treatments [5] - The company is focusing on the chronic low back pain market with Nociscan, the first evidence-supported SaaS platform designed to help physicians differentiate between painful and nonpainful discs in the lumbar spine [5] Trial Details - The CLARITY trial is a prospective, randomized multi-center study that will enroll 300 patients scheduled for surgical treatment of 1- or 2-level discogenic low back pain across multiple high-volume sites in the US [2] - The trial will randomize patients in a 1:1 ratio between surgeons who are blinded and unblinded to the Nociscan results, with the primary endpoint being the change in back pain measured on a 100mm VAS scale at 12 months compared to baseline [2][6] - The first patient was enrolled at the Texas Back Institute, which has a strong history in advancing spine care through clinical trial research [2][6] Market Context - Chronic low back pain is a significant global healthcare issue, affecting approximately 266 million people worldwide with degenerative spine disease and low back pain [3] - Aclarion's Nociscan solution aims to objectively quantify chemical biomarkers associated with disc pain, potentially leading to improved surgical outcomes [3][6]
Analyst Views Mixed As Amgen's Weight Loss/Diabetes Drug MariTide Shows Promise But Has Dose Issues
Benzinga· 2025-06-24 18:54
Core Insights - Amgen Inc announced full results from Part 1 of the Phase 2 study of MariTide, a long-acting peptide-antibody conjugate administered subcutaneously [1] Efficacy Results - In the Phase 2 study, MariTide demonstrated an average weight loss of approximately 20% in individuals with obesity without Type 2 diabetes (T2D), compared to 2.6% in the placebo group, and about 17% in individuals with obesity with T2D, compared to 1.4% in the placebo group [2] - Weight loss had not plateaued by 52 weeks, indicating potential for further reduction [2] - MariTide also showed a reduction in hemoglobin A1c (HbA1c) of up to 2.2% in obese and T2D patients [3] - Improvements were noted in cardiometabolic measures, including waist circumference, blood pressure, high-sensitivity C-reactive protein (hs-CRP), and select lipid parameters [4] Safety and Tolerability - No new safety signals were identified, and tolerability was consistent with the GLP-1 class, with gastrointestinal (GI) related adverse events being the most frequently reported, mostly mild to moderate [5] Study Progression - Complete results from the Phase 1 pharmacokinetics low dose initiation study were presented, showing an overall incidence of vomiting of 24.4% for one dose group and 22.5% for another, with no discontinuations due to GI adverse events [6][7] - The Phase 3 MARITIME program has been initiated, which is a 72-week chronic weight management study evaluating safety, efficacy, and tolerability in participants with obesity or overweight, with and without T2D [8] Future Studies - Amgen plans to initiate additional Phase 3 studies for atherosclerotic cardiovascular disease, heart failure, and obstructive sleep apnea in 2025 [9] Analyst Insights - Analysts express mixed views on the treatment policy estimand weight loss data, with some believing that reducing discontinuations through additional titration could yield Phase 3 results near 20% [9] - Questions remain regarding the potential for increased GI adverse events with expanded dosing intervals beyond every four weeks [10] Stock Performance - Following the announcement, Amgen's stock rose by 1.96% to $277.78 [10]
EMA Accepts GSK's Filing for Linerixibat in Rare Disease-Related Itch
ZACKS· 2025-06-24 17:16
Core Insights - GSK plc announced that the European Medicines Agency has accepted its marketing authorization application for linerixibat, an investigational IBAT inhibitor, aimed at treating cholestatic pruritus in patients with primary biliary cholangitis [1][7] - The MAA for linerixibat is based on positive results from the phase III GLISTEN study, which demonstrated significant improvement in symptoms compared to placebo [4][7] - GSK aims for linerixibat to be the first approved therapy for itch associated with PBC, addressing a significant unmet medical need in the market [5][6] Company Developments - A regulatory filing for linerixibat is under review in the United States, with a final FDA decision expected on March 24, 2026 [2] - Year-to-date, GSK's shares have increased by 13.1%, contrasting with a 3.3% decline in the industry [2] Competitive Landscape - The PBC treatment market is seeing increased competition, with other companies like Gilead Sciences and Mirum Pharmaceuticals developing their own therapies [6][8][9] - Gilead's seladelpar received accelerated approval from the FDA and conditional marketing authorization from the European Commission for PBC treatment [8] - Mirum is currently evaluating volixibat in a phase IIb study, with enrollment expected to complete in 2026 [9]
Can Novo Nordisk Regain Ground After Cutting Ties With Hims & Hers?
ZACKS· 2025-06-24 16:26
Core Insights - Novo Nordisk (NVO) has terminated its collaboration with Hims & Hers Health (HIMS) regarding the distribution of its obesity drug Wegovy, citing safety concerns related to compounded versions of the drug and promotional tactics that jeopardize patient safety [1][2][10] - The decision has led to a significant drop in HIMS stock, which fell by 34.6% following the announcement [2] - Novo Nordisk is actively seeking new partnerships with telehealth companies to ensure safe access to Wegovy for patients [6][10] Company Developments - The partnership with HIMS was initially aimed at increasing patient access to Wegovy and expanding Novo Nordisk's market share in the obesity sector [4] - Novo Nordisk's competitive position in the obesity market is challenged by Eli Lilly (LLY), which has seen strong sales from its products Mounjaro and Zepbound [4][5] - The company has faced setbacks in its pipeline, particularly with CagriSema, which showed lower-than-expected weight loss results in late-stage studies [5] Market Impact - The termination of the partnership is expected to temporarily hinder Novo Nordisk's ability to increase Wegovy's market share [6] - CVS Caremark has designated Wegovy as its preferred GLP-1 therapy for weight loss, which may provide Novo Nordisk with a competitive edge over Eli Lilly [7] Competitive Landscape - Other companies, such as Viking Therapeutics (VKTX), are advancing in the obesity treatment space, further intensifying competition [8] - Viking Therapeutics is developing VK2735, which is in phase III studies and aims to offer both oral and subcutaneous formulations for obesity treatment [8] Financial Performance - Year-to-date, Novo Nordisk shares have declined by 18.9%, underperforming the industry average decline of 2.7% [9] - The stock is currently trading above its 50-day moving average but below its 200-day moving average [9] - Novo Nordisk's price/earnings ratio stands at 16.56, higher than the industry average of 14.81, but below its five-year mean of 29.25 [13] Earnings Estimates - Earnings estimates for 2025 have increased from $3.81 to $3.87 per share, while estimates for 2026 have decreased from $4.66 to $4.58 [15] - The trend of estimate revisions shows a mixed outlook, with some estimates increasing and others decreasing over the past 60 days [16]
PROCEPT BioRobotics (PRCT) 2024 Earnings Call Presentation
2025-06-24 14:46
Investor Event © 2024 PROCEPT BioRobotics Corporation. All Rights Reserved. Safe Harbor Statement This presentation and accompanying oral presentation contain "forw ard-looking statements" w ithin the meaning of the Private Securities Litigation Reform Act of 1995, including the ex pected financial results of PROCEPT BioRobotics Corporation (the "Company"). W ords such as "anticipates," "believes," "ex pects," "intends," "projects," "anticipates," and "f uture" or similar ex pressions are intended to identi ...
Atea Pharmaceuticals Announces Continued Advancement of Global Phase 3 HCV Program with Dosing of First Patient in C-FORWARD Outside North America
Globenewswire· 2025-06-24 11:00
Core Insights - Atea Pharmaceuticals has initiated the global Phase 3 C-FORWARD trial for the combination regimen of bemnifosbuvir and ruzasvir to treat hepatitis C virus (HCV) [1][2] - The regimen is designed to be a potential best-in-class treatment with a short duration of 8 to 12 weeks and low risk for drug-drug interactions [1][3] - HCV remains a significant global health issue, with approximately 50 million people infected worldwide, including 2.4 to 4 million in the US [2][9] Group 1: Trial Details - The C-FORWARD trial is the second Phase 3 trial, complementing the C-BEYOND trial currently enrolling patients in the US and Canada [1][5] - Each Phase 3 trial aims to enroll around 880 treatment-naïve patients, comparing the fixed-dose combination of bemnifosbuvir and ruzasvir to sofosbuvir and velpatasvir [5] - The primary endpoint for both trials is achieving HCV RNA below the lower limit of quantitation (LLOQ) at 24 weeks, indicating sustained virologic response (SVR12) [6] Group 2: Efficacy and Safety - Results from a Phase 2 study showed a robust 98% SVR12 rate in the treatment-adherent population and 95% in the efficacy evaluable population [7] - Additional Phase 1 studies indicated a low risk of drug-drug interactions and safety in patients co-infected with HIV [8] - Bemnifosbuvir has demonstrated significantly higher potency compared to sofosbuvir, with a 10-fold increase in activity against various HCV genotypes [11] Group 3: Market Context - The evolving patient population for HCV treatment includes many individuals with co-morbidities and complex medical histories, necessitating more accessible treatment options [3] - The current landscape shows a rising burden of untreated HCV, particularly in Europe, mirroring trends in North America [3] - Atea's regimen is positioned to address these challenges by combining high efficacy, short treatment duration, and minimal drug interaction risks [3]
InMed's INM-901 Significantly Reduces Neuroinflammation in Alzheimer's Disease Ex Vivo Study
Newsfile· 2025-06-24 11:00
InMed's INM-901 Significantly Reduces Neuroinflammation in Alzheimer's Disease Ex Vivo StudyJune 24, 2025 7:00 AM EDT | Source: InMed PharmaceuticalsDemonstrates statistically significant reduction of pro-inflammatory cytokines, including IL-6, IL-1β, IL-2, and KC/GroSignificantly reduces levels of inflammasome marker, NLRP3, a key contributor to neurodegenerationReduces key pro-inflammatory markers, independent of amyloid beta or tau pathologyVancouver, British Columbia--(Newsfile Corp. - Jun ...