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Theralase Technologies Inc. V.TLT

Alternate Symbol(s):  TLTFF

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


TSXV:TLT - Post by User

Post by ScienceFirston Apr 25, 2023 9:38pm
323 Views
Post# 35413730

Another FDA Accelerated Approval

Another FDA Accelerated Approval

Another example that she'd more insights and perspectives on the Accelerated Approval program.

April 25, 2023

FDA awards Biogen's ALS drug Qalsody an accelerated approval

The FDA followed an advisory committee's recommendation in awarding accelerated approval to Biogen and Ionis' ALS drug tofersen, now called Qalsody.

The FDA has approved another Biogen drug for a neurological disorder. And, unlike the controversial go-ahead for Aduhelm, the agency’s neuroscience division didn’t go against its external advisers’ advice this time.

Tuesday, the FDA granted an accelerated approval to Biogen and Ionis’ tofersen to treat patients with amyotrophic lateral sclerosis (ALS) associated with a mutation in the SOD1 gene. The drug will be sold under the brand name Qalsody.

The move follows the recommendationfrom an FDA advisory committee in March. At that time, nine experts agreed that Qalsody’s ability to reduce plasma neurofilament light (NfL), a biomarker of nerve injury and neurodegeneration, provides enough basis for a conditional approval. However, thanks to a phase 3 trial flop, the panel voted against full approval.

SOD1-ALS is a small subset of ALS, affecting fewer than 500 patients in the U.S. and about 2% of all 168,000 ALS patients worldwide, according to Biogen’s estimates. Given the limited market size, SVB Securities analysts have put Qalsody’s peak sales potential at about $300 million.

Qalsody is an antisense drug that targets SOD1 mRNA to reduce the production of the SOD1 protein. In a phase 3 trial, the drug showed it can reduce plasma NfL concentration compared with placebo. Both the FDA and its advisers believe the findings are reasonably likely to predict a clinical benefit.

The FDA approval marks a “consensus that neurofilament can be used as a surrogate marker reasonably likely to predict clinical benefit in SOD1-ALS,” Biogen CEO Chris Viehbacher said in a statement. “We believe this important scientific advancement will further accelerate innovative drug development for ALS.”

Still, the drug failed to significantly improve the function of SOD1-ALS patients who had already shown ALS-related weakness. The phase 3 VALOR trial therefore missed its primary endpoint.
 

Qalsody’s nod comes seven months after the FDA’s approval for Amylyx’s Relyvrio. That drug showed it could preserve physical function and slow the progression of ALS in a randomized phase 2 trial. Relyvrio’s broader reach in ALS has invited blockbuster sales projections.

An accelerated approval means that Biogen is on the hook to provide confirmatory evidence to prove Qalsody’s clinical efficacy. While Qalsody is available under the FDA’s accelerated approval pathway, a phase 3 trial dubbed ATLAS is testing the drug in pre-symptomatic people carrying the SOD1 mutation. The study will compare the proportions of patients who develop ALS symptoms between Qalsody and placebo.


 


 

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