Healthcare Roundup – White House coronavirus task force to ‘continue indefinitely’, Sinovac COVID-19 vaccine shows positive effect

医疗保健精选——白宫新冠病毒特别工作组不会完全解散,科兴COVID-19疫苗显示出积极疗效
Published on: May 6, 2020
Author: Amy Liu

White House coronavirus task force to ‘continue indefinitely’, Trump says

The White House coronavirus task force will “continue indefinitely,” President Trump said via Twitter, adding that he may “add or subtract people to it, as appropriate.”

The task force’s focus will be on “SAFETY & OPENING UP OUR COUNTRY AGAIN.”

It will also be “very focused” on vaccines and therapeutics, Trump said.

Sinovac COVID-19 vaccine shows positive effect in preclinical study

Sinovac Biotech Ltd. (SVA) announces encouraging results from a preclinical animal study for its inactivated SARS-CoV-2 vaccine candidate.

The challenge study in mice, rats and rhesus macaques showed that it was safe and provided complete protection against SARS-CoV-2 strains (in the primates) according to Chairman Weidong Yin.

A Phase 1 study in healthy human volunteers is underway.

Trading in the U.S. has been suspended since February 22, 2019, pending the submission of additional information requested by Nasdaq.

FDA OKs Dr. Reddy’s migraine med Elyxyb

The FDA approves Dr. Reddy’s Laboratories’ (RDY +2.3%) Elyxyb (celecoxib oral solution 25 mg/mL) for the acute treatment of migraine in adults with or without aura.

The company plans to commercialize the product through partners.

FDA OKs Novartis’ Tabrecta for certain lung cancer patients

Incyte (INCY -1.9%) announces that the FDA has approved exclusive licensee Novartis’ (NVS +1.2%) Tabrecta (capmatinib) for the treatment of adult patients with metastatic non-small cell lung cancer (NSCLC) whose tumors have a mutation that leads to MET exon 14 skipping (METex14) as detected by an FDA-approved test. The nod applies to a first-line setting as well as previously treated patients regardless of prior treatment type.

The approval triggers a $70M milestone payment to Incyte who will also receive 12-14% royalties on net sales.

METex14 occurs in 3-4% of newly diagnosed NSCLC cases. Capmatinib, an oral MET inhibitor, is the first such drug approved in the U.S. for these patients.

SmileDirectClub up 10% on partnerships with major insurers

SmileDirectClub (NASDAQ:SDC) inks agreements with UnitedHealthCare (NYSE:UNH), Aetna (NYSE:CVS) and Anthem Blue Cross Blue Shield (NYSE:ANTM) (starting this month) enabling in-network access to its clear aligner treatments via telehealth.

Payment levels are not disclosed.

Shares up 10% premarket on average volume.

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