Provention Bio announced U.S. FDA filing of a biologics license application (BLA) and priority review for Teplizumab for the delay or prevention of clinical Type 1 Diabetes in at-risk individuals
Provention Bio filed the BLA with U.S. FDA for Teplizumab for the delay or prevention of clinical Type 1 Diabetes (T1D) in at-risk individuals
Advisory committee meeting tentatively scheduled for May 27, 2021
PDUFA date set for Jul 2, 2021
The company has proposed a public offering of 6,000,000 shares of its common stock and intends to use its net proceeds from the public offering for pre-commercial activities, potential commercial activities, clinical development, regulatory and manufacturing activities for Teplizumab and other products
First disease-modifying T1D therapy Teplizumab set to launch in Q3'21
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CI Scientists Remarks:
In 2010, Teplizumab failed a pivotal late-stage diabetes study sponsored by Eli Lilly and the drug maker returned the rights to MacroGenics. In 2018, Provention Bio in-licensed the drug from MacroGenics and used it as their lead drug
Since then, Teplizumab has received breakthrough therapy and now priority review from U.S. FDA for delay or prevention in T1D
EMA has also granted priority medicines (“PRIME”) eligibility to Teplizumab for the delay or prevention of clinical T1D
Provention Bio initiated rolling NDA submission in Apr’20 and completed in Nov’20 based on results from Phase 2 TN-10 study
Results from Pivotal TN-10 study (Teplizumab: N= 44, placebo: N=32)
Teplizumab clinical T1D delay = ~3 years
Median time to clinical T1D diagnosis: 59.6 months (Teplizumab) vs 24.4 months (placebo)
Single 2 week course of Teplizumab significantly delayed the clinical onset of T1D by 35.2 months
T1D diagnosis after treatment: 43% of the Teplizumab-treated participants vs 72% of the placebo-treated
C-peptide levels: Reversed/increased (p=.02) upon Teplizumab treatment; placebo-treated subjects kept declining (p=.002 for Teplizumab vs placebo)
US KOL said, ‘the only thing keeping us from [screening] the population at large is that we don’t have an effective prevention therapy’. Teplizumab has demonstrated a disease-modifying effect in clinical trials and, as it is a prevention therapy, it will encourage early screening, and thus, earlier diagnosis.
Commercial preparations:
The company has recently hired market access, sales, analytics and forecasting, medical affairs, and regulatory affair teams
Provention Bio has a services agreement with AGC Biologics to manufacture and supply Teplizumab
Teplizumab Life cycle management:
Phase 3 PROTECT trial in newly diagnosed T1D patients is on-going
The company also plans to expand Teplizumab development in Psoriatic arthritis, Rheumatoid arthritis, Crohn’s disease, Celiac disease, Autoimmune hepatitis