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Destroying Cancer at the Speed of Light®

Clinical Study Underway (75 of 100 Patients Treated)
Expected to complete enrollment at the end of 2024
Expected to complete study at the end of 2026


Bullboard - Investor Discussion Forum 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... see more

TSXV:TLT - Post Discussion

Theralase Technologies Inc. > Half Of Breakthrough Designations Have Resulted In Approval
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Post by ScienceFirst on Apr 26, 2022 7:42pm

Half Of Breakthrough Designations Have Resulted In Approval

2021.

Half Of US FDA’s Breakthrough Therapy Designations Have Resulted In Approval
  

Executive Summary

Popular expedited review program results in a higher approval rate than the related fast track designation, but the COVID-19 era is seeing a drop in designations and a rise in complete response letters for BTD programs.
 

Half of the clinical programs awarded breakthrough therapy designations have gone on to receive FDA approval, making the BTD one of the most successful of the FDA’s expedited review pathways, according to an analysis of the Pink Sheet’s US FDA Performance Tracker.

The FDA has awarded 437 BTDs since the program was introduced by the 2012 FDA Safety and Innovation Act (FDASIA). The Pink Sheet has identified 397 designations, which are tracked in detail on the Performance Tracker’s Breakthrough Therapy Designations chart. The FDA has granted approval to 206 of the known designated programs. (See infographic at the end of the story.)

In contrast, fast track status has been conferred on 1,388 drug programs since the program was established by the 1997 FDA Modernization Act (FDAMA), according to BioMedTracker, and has resulted in 258 approvals – only about 20% of the designations.

Negative outcomes also differ between the pathways. One-third of the fast track programs identified by BioMedTracker have been suspended, withdrawn from market, or placed on hold. The Pink Sheet’s BTD data show that less than 10% of designated programs have been discontinued or have had the designation rescinded.

The relative success of the BTD pathway reflects the higher bar to receive the designation compared with fast track status. The pathways are not mutually exclusive, and both aim to speed development of products intended to treat serious conditions.

But to receive fast track status, sponsors must present nonclinical or clinical data demonstrating “the potential to address an unmet medical need” or be designated a qualified infectious disease product (QIDP).

A BTD, on the other hand, requires “preliminary clinical evidence” that indicates that the drug “may demonstrate substantial improvement on a clinically significant endpoint(s) over available therapies,” the FDA’s expedited programs guidance explains.

Consistent with the BTD’s higher threshold for efficacy evidence than fast track status, breakthrough designations are generally awarded when products are more advanced in development. An earlier Pink Sheet analysis found that BTDs are most commonly based on Phase II data, with a sizeable minority (about one third of designations) supported by pivotal-stage clinical trial data.  (Also see "Breakthrough Therapy Designations: Phase II Data Is Sweet Spot For US FDA Award" - Pink Sheet, 17 Feb, 2020.)

Most products receive fast track status on the basis of Phase II or earlier data. (Also see "Fast Track Pathway May Be ‘Poor Man’s Breakthrough’ But It Works" - Pink Sheet, 26 Feb, 2020.)

The approval success of BTD drugs also argues for the value of the additional benefits that the designation brings on top of the eligibility for rolling review and expedited development and review actions that it shares with fast track status.

BTD products also receive “intensive guidance on efficient drug development” and an explicit organizational commitment, translating to an “all hands on deck” review process.

More Complete Response Letters?

Along with the high approval success rate for BTD programs, the FDA is known to have issued only 22 complete response letters for applications carrying the designation. Three of those went on to receive approval on a subsequent review cycle, and one more – Heron Therapeutics, Inc.’s resubmission of the NDA for HTX-011 – is under active review.

All told, around 8% of the applications for approval submitted for BTD programs received a complete response letter without progressing to approval. Close to a dozen of the CRL recipients are still assessing or responding to the FDA action; four have been officially discontinued and two sponsors disclosed that the FDA had rescinded the BTD.

While the chances of a BTD application receiving a CRL are low, the past year-plus has seen an uptick. Seven of the 22 CRLs were announced in 2020, plus two more already in 2021 (Merck & Co., Inc.’s Keytruda in triple negative breast cancer and ACADIA Pharmaceuticals Inc.’s Nuplazid for dementia-related psychosis) – meaning that 40% of all BTD CRLs were issued in less than 16 months of the designation’s almost 9 year history.

While the COVID-19 pandemic has complicated manufacturing and quality assessments, about half of the 2020-2021 BTD CRLs cite clinical concerns independent of the pandemic.
 

COVID-19’s ripple effects may come to include the end of the boom in BTD awards. Only 12 new BTDs have been announced in the first four months of 2021. (See sidebar for related story.)

In 2020, 50 BTDs were announced, a sharp decline from 2019’s peak of 66 awards. The year 2020 was the first year since 2015 not to exceed the number of designations awarded in the prior year.

But while growth in the program may have slowed, the 2020 BTD count looks reasonably healthy in absolute terms: the 2020 total falls in the middle of the annual counts from 2013, when the first BTD was awarded, to now.

More Than Oncology

The FDA is currently reviewing applications for approval for 21 BTD products, with at least four more having started but not completed rolling NDA or BLA submissions.

The pending BTD products represent a wider range of therapy areas than the earlier years of the program. While almost 60% of approved BTD products come from oncology, cancer therapies make up a smaller share of the pending applications, with only three applications and the four incomplete rolling submissions combining to make up 40% of the products currently being reviewed for approval.

The FDA is also reviewing applications from areas with few BTD approvals to date, including dermatology, gastrointestinal, liver disease and metabolic therapies.

Cancer – by far the dominant therapy area for BTDs – also has the highest approval percentage, with two-thirds of known BTD designations having resulted in successful applications for FDA approval. The other top therapy areas post approval percentages around the 40% range.

 

Comment by ScienceFirst on Apr 26, 2022 7:43pm
So my suggestion of this morning that TLT can take 3 more months before applying, instead of rushing with unsufficient or not clear enough data.
Comment by LaserStock29 on Apr 27, 2022 10:32am
Nope, I reject your suggestion, clearly you didn't read my links on Fast Track, Rolling Review and establishing a clear communication with FDA as we go So that we dont have to wait 3 months to collect data on a USB and submit it all at once.. like a company without a Fast Track. Please re-read the links. and update your posts accordingly.. Waiting 8 years for some actual progress..  ...more  
Comment by FGPstock on Apr 27, 2022 10:49am
Laser, while i don't typically agree w bencro. BTD still needs to be requested even if you have been approved for fast track as fast track has a lower threshold for approval. Most companies initially apply for Fast Track designation and later submit a request for Breakthrough Therapy designation as development progresses. As far as I know, TLT has not made the BTD request yet, at least they ...more  
Comment by Rumpl3StiltSkin on Apr 27, 2022 11:21am
True, Good discussion guys. The issue is we don't know one way or the other if the BTD has been requested? It may not have been prior to the last PR, but it may have?? Or, if more data has come out since then, maybe it has now been requested? Or maybe in a week or two, or a month... 60 days after we should know, right?
Comment by Eoganacht on Apr 27, 2022 12:11pm
According to the projected timeline on slide 12 of the corporate presentation, Theralase is shooting for BTD in the last quarter of 2022 followed immediately by the beginning of the commercialization phase in the first quarter of 2023. If the FDA requires 60 days to respond to a BTD application then it looks like Theralase plans to apply in the third quarter or beginning of the fourth quarter 2022 ...more  
Comment by ScienceFirst on Apr 27, 2022 12:14pm
Eoganacht ... Yep!  That's pretty much my reading and that's in line with the timing of the hiring of Dr Madzveric.  It all fits.
Comment by LaserStock29 on Apr 27, 2022 12:31pm
Well then, it's all bow tied up then..... no BTD until EOY basically..   So what are the catalysts.. patient checks? https://stockhouse.com/companies/bullboard/v.tlt/theralase-technologies-inc?postid=34545532 Patient #16 hits 1 year this Friday March 25th Patients # 17 & 18 hit 1 year April 27 Patient # 19 on May 28th for 1 year June 11th is patient # 20's 1 year.
Comment by enriquesuave on Apr 27, 2022 2:42pm
Waiting on patient updates.  PR patients final status. Perhaps more treated,  Perhaps Vaccine Platform.  Perhaps GLP and NSCLC .  Partnership?
Comment by Rumpl3StiltSkin on Apr 27, 2022 3:15pm
Yep Laser, EoY. Yet maybe they'll give us a good PR when they've sent in the paperwork? That could happen this Summer?? 60 day clock will then start and if the numbers are as good as Keytruda's then should be an easy lift.
Comment by LaserStock29 on Apr 27, 2022 4:24pm
So until then just fill the gap.. let the flippers reload under .30  rinse and repeat since 2014.. bravo.. lets get some more posts on presentations, science and other buillshi* 
Comment by ScienceFirst on Apr 27, 2022 4:41pm
The rules and the order of events will be what they will be, whether you're impatient or not, whether you own the stock since 8 years, whether you post or not, no matter the interpretation we make of them. Clear data will make this stock's valuation. ______________ LaserStock29 - (4/27/2022 4:24:48 PM) RE:RE:RE:RE:RE:RE:RE:RE:Half Of Breakthrough Designations Have ...more  
Comment by LaserStock29 on Apr 27, 2022 5:57pm
Clear data is when the FDA approves this.. that's the only standard that says 'All Clear'  why would this move on BTD.. when theres a final approval after that..   something has kept this in an oscillation all this time..  This sharade is over far as im concerned..   first it was safety at cystoscope 14 days, then 30 day xray.. then 90 day redness check ...more  
Comment by ScienceFirst on Apr 27, 2022 6:43pm
Clear data is when your data is statistically superior to all other competitors and that it cannot regress below theirs, no matter how many patients you add. FDA approval is the end of the process, that includes data and any other considerations.
Comment by langosta on Apr 27, 2022 5:26pm
https://youtu.be/mpUr8zDrUKY It's called the waiting game.
Comment by Rumpl3StiltSkin on Apr 27, 2022 8:00pm
WB Laser, I guess that is life on the Vulture xchange. Until TLT gets some solid data on NMIBC or Covid 19 treatment... I agree BTD might not get us a big move up. SP should move up big ahead of BTD approval though. Which is why I hope they announce when they have good enough data to submit to FDA for BTD. But then the stock will get crushed, again, in another sell on news event once BTD is ...more  
Comment by Rumpl3StiltSkin on Apr 27, 2022 9:37pm
Then after the post BTD approval crash, TLT Share Price should really make a move up in anticipation of Accelerated Appoval by FDA. Just all IMO... Based on how this stock has been movin'
Comment by Infinity on Apr 28, 2022 3:49am
Rumpl3,  Love your optimism.  
Comment by LaserStock29 on Apr 27, 2022 11:52am
That was my whole contentious point..  if Fast Track + Rolling Review could facililtate a smoother transition into BTD... If not.. then we're basically applying like a company without Fast Track.... simply wanted to know the benefits.. aka.. the ability for 'senior fda' who oversee BTD to look at our data in priority as being granted Fast Track..  You know kinda like buying ...more  
Comment by FGPstock on Apr 27, 2022 12:05pm
Laser, I guess I missed it. I thought you were saying that by have FTA we automatically had a rolling review for BTD. I believe most of the drugs that have achieved BTD also started or simueltaneously applied for FTA. So, the tranisition should/will be smoother.
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