Cara Therapeutics Reports Third Quarter 2016 Financial Results

–  Currently enrolling three late stage studies with CR845 totaling over 900 patients  –  
–  Top line data expected in 1H 2017  –
–  Conference call today at 4:30 p.m. ET  –
 
STAMFORD, CONN., Nov. 03, 2016 -- Cara Therapeutics, Inc. (CARA), a biotechnology company focused on developing and commercializing new chemical entities designed to alleviate pain and pruritus by selectively targeting peripheral kappa opioid receptors, today announced financial results for the third quarter ended September 30, 2016.
 
“We are pleased to be actively enrolling late stage studies with both IV and oral formulations of CR845 for three significant unmet medical indications,” said Derek Chalmers, Ph.D., D.Sc., President and Chief Executive Officer of Cara Therapeutics. “2017 will be an exciting and transformative year for the Company as we look forward to sharing top-line data from all three of our late-stage clinical programs.”
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AveXis Announces Single-Arm Design for U.S. Pivotal Study of AVXS-101 in SMA Type 1 Patients

– Company provides update following receipt of FDA minutes from Type B meeting –
– Conference call and webcast November 1 at 4:30 p.m. EDT –
 
CHICAGO, Nov. 01, 2016  -- AveXis, Inc. (AVXS), a clinical-stage gene therapy company developing treatments for patients suffering from rare and life-threatening neurological genetic diseases, today announced that the planned pivotal study of AVXS-101 in spinal muscular atrophy (SMA) Type 1 will reflect a single-arm design, using natural history of the disease as a comparator, and enroll approximately 20 patients. This update is based on the receipt of the minutes following the Type B meeting with the U.S. Food and Drug Administration (FDA) held on September 30, 2016.
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Results of HIV Biologic and Long-Acting Investigational Antiretroviral Ibalizumab to be Presented in Late-Breaker Session at IDWeek 2016(TM)

MONTREAL, CANADA--(Oct 28, 2016) - Theratechnologies Inc. (Theratechnologies) (TH.TO) announced additional results related to the primary endpoint of the ibalizumab Phase III pivotal study, TMB-301. The initial results were announced on May 24, 2016.
 
Patients with multi-drug resistant (MDR) HIV-1 experienced a significant decrease in viral load after receiving a loading dose of ibalizumab 2,000 mg intravenously (IV) in addition to their failing antiretroviral therapies (ART) (or no therapy), according to new data from the TMB-301 study to be presented Saturday, October 29, 2016 by Theratechnologies' partner, TaiMed Biologics, in an oral presentation at IDWeek 2016™. A total of 40 patients were enrolled in the study. Seven days after the loading dose, 83% of patients achieved a ≥ 0.5 log10 decrease from baseline compared with 3% during the seven-day control period. These results were statistically significant (p<0.0001).
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ProMetic's plasminogen meets primary and secondary end points in pivotal Phase 2/3 trial

100% success rate on meeting clinical trial's primary end points required for Accelerated Approval Regulatory Pathway
100% clinical response rate with healing of lesions within weeks of treatment
Successful pre-BLA meeting held with FDA
ProMetic to commence filing plasminogen BLA modules with the FDA as planned in coming weeks
 
LAVAL, QC, Oct. 26, 2016 - ProMetic Life Sciences Inc. (TSX:PLI.TO - News) (OTCQX:PFSCF -News) ("ProMetic" or the "Corporation") announced today that its pivotal Phase 2/3 clinical trial in patients with plasminogen deficiency has met its primary and secondary endpoints with the intravenous plasminogen treatment.
In addition to being safe, well tolerated and without any drug related serious adverse events, ProMetic's plasminogen treatment achieved a 100% success rate of its primary end point, namely, a targeted increase in the blood plasma concentration level of plasminogen as a surrogate target. Moreover, all patients who had active visible lesions when enrolled in the trial had complete healing of their lesions within weeks of treatment, a 100% response rate for this secondary end point.
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Global Blood Therapeutics Announces Pivotal Study for GBT440 in Sickle Cell Disease with Primary Hemoglobin Endpoint

HOPE – A Phase 3 Clinical Trial to Initiate in December -- Company to Host Conference Call and Webcast Today at 1:30 p.m. PT/ 4:30 p.m. ET
 
SOUTH SAN FRANCISCO, Calif., Oct. 24, 2016 -- Global Blood Therapeutics, Inc. (GBT) (GBT), a biopharmaceutical company developing novel therapeutics for the treatment of grievous blood-based disorders with significant unmet need, today announced that it has reached agreement with the U. S. Food and Drug Administration (FDA) regarding the design of its pivotal trial for GBT440 in adults and adolescents with sickle cell disease (SCD).
 
The Phase 3 HOPE (Hemoglobin Oxygen Affinity Modulation to Inhibit HbSPolymErization) Study will be conducted at leading SCD sites globally and will enroll adults and adolescents with SCD who have had at least one episode of vaso-occlusive crisis (VOC) in the previous year. The HOPE Study is expected to begin screening patients by December with top-line data anticipated in the first half of 2019.
Read more: Global Blood Therapeutics Inc ( GBT )