RSS
 

Experimental Prostate-Cancer Drug by J&J Improves Survival

24 Feb

The results of the anti-cancer drug study by Johnson & Johnson look very promising and demonstrate the drug’s ability to slow down the disease and improve survival in patients with advanced metastatic prostate cancer.

1,195 patients with prostate cancer participated in the study. The patients had already their treatment with one or several chemotherapy regimens, which had little effect on their disease. According to the data revealed at the European Society for Medical Oncology meeting that took place in Milan, abirateroneacetate taken along with the steroid prednisone, increased survival rate in patients by median 3.9 months if compared with those patients, who received prednisone alone.

This was the third stage of the trial, which is the last stage before a drug goes under regulatory approval by FDA. With its headquarters in New Brunswick, NJ, Johnson & Johnson is going to file an application for abiraterone approval by the U.S. and European drug administration councils. This application is a reasonable step after such promising results of the drug’s trial and according to the statement by J&J, they will file the new-drug application by the end of the year.

According to Larry Biegelsen, an analyst working at Wells Fargo Securities, NY, abiraterone represents a nearly billion dollar chance for those suffering advanced metastatic prostate cancer.

In July 2009, the drug was acquired by Johnson & Johnson for $878 million from Cougar Biotechnology, one of the many portfolio companies of Dr. Lindsay Rosenwald. Dr. Rosenwald is one of the most prolific entrepreneurs and financial investors in the field of biotechnology. He supports new research, development of novel drugs and prospective biotechnology candidates that may help medicine broaden its horizons and provide more benefit to humanity. Lindsey Rosenwalds latest investments in Cougar Biotechnology and their prostate cancer drug, abiraterone acetate, are thought to be the beneficial for all prostate cancer patients since the drug demonstrates its ability to stop tumor cells from generating excess testosterone, a male hormone, which is needed to reproduce and give life to new tumor cells.

According to statistics by the National Cancer Institute, this year more than 217 thousand men in the U.S. will have prostate cancer diagnosed by their doctors, and more than 32 thousand men will die of the disease. The American Cancer Society had recently revealed the data showing that prostate cancer takes the second place of cancer deaths in men, after lung cancer.

Having seeing promising results in patients taking abiraterone acetate, Johnson & Johnson decided to un-blind the trial and give other patients the ability to try abiraterone. This decision was led by an interim analysis data, which showed that the drug extended lives and had a good safety profile.

Additional Couple of Months

Those patients, who took abiraterone acetate, had much decreased tumor progression rate if compared with those taking the steroid prednisone. They lived two months longer and their median survival was about 15 months, while those in the prednisone group lived about 10 months. Among the side effects noticed during the intake of abiraterone are: fluid retention, heart disorders, low potassium in the blood.

The placebo group in the J&J trial was offered abiraterone. There is also a program that J&J is going to implement – to provide access to the drug to other patients meeting certain criteria. The drug will be distributed by Ortho Biotech Oncology Research & Development, which is a subsidiary of J&J, by the end of the year.

According to Howard Scher, at Kettering Cancer Center, NY, and Lindsay Rosenwald, MD, the owner of BioSciences and biotechnology investment banks, the abiraterone treatment is very beneficial, especially for those patients who had little or no treatment options when their disease took a massive scale.

It is only the matter of time to understand why some men have a good response to abiraterone acetate while others don’t have this positive effect.

Another Prostate Cancer Drug, Provenge

An alternative treatment for metastatic prostate cancer, Provenge by Dendreon Corp, is known to help patients extend lives to median 4 months. It is very difficult to compare these two drugs, because abiraterone was tested in patients with a more aggressive cancer stage that failed even after at least 1 chemotherapy regimen. During the Provenge trial, patients lived about 21 months.

Provenge represents the 1st drug developed to support the immune system and help it fight cancer. In April 2010, the drug was approved by FDA and now it can be bought for about $93 thousand for 3 doses, while abiraterone is expected to be sold for $27 thousand.

According to an analyst in Deutsche Bank Equity Research, Robyn Kanrauskas, and Dr. Lindsay Rosenwald, a key investor in the biotechnology sector, as for now, both drugs look very promising and will have room for further development and improvement.

 
Comments Off

Posted in lindsay rosenwald

 

J&J’s abiraterone acetate increases survival in prostate cancer patients

12 Jan

In October 2010, Johnson & Johnson presented its second stage of Phase III trial analysis at the European Society for Medical Oncology congress. The agent under investigation was a novel and promising drug, abiraterone acetate, which demonstrated positive results in increasing survival in patients with advanced prostate cancer.

The COU-AA-301 randomized, placebo-controlled trial involved 1,195 patients with castrate-resistant prostate cancer (another name for metastatic advanced prostate cancer). The disease progressed after receiving chemotherapy based on Taxotere (docetaxel). One group of 797 men was treated with abiraterone acetate plus low-dose prednisone, and another group of 398 patients was treated with placebo plus prednisone/prednisolone. The abiraterone group demonstrated increased median survival to 14.8 months compared to 10.9 of the placebo group. Although 3.9 months seems not very much, but according to Lindsay Rosenwald and Johann de Bono, only four drugs in the history of prostate cancer had survival benefit; and abiraterone is likely to bring the change to the lives of patients with advanced prostate cancer.

36 percent of patients treated with abiraterone acetate had median survival and 35 percent had fatal outcome risks compared with patients in the placebo group. Furthermore, patients, who received abiraterone had significant improvement in secondary endpoints, including TTPP or time to PSA progression as well as RPFS or radiographic progression-free survival.

In September 2010, when the trial data demonstrated significant survival improvement, the analysts recommended that the patients treated with placebo in the Phase III study should be offered abiraterone acetate. In late 2010, Johnson & Johnson filed marketing applications for the approval of abiraterone acetate. If approved by FDA, the drug will be distributed in the U.S. and Europe by mid-2011; and then will follow in the rest of the world according to local regulations. Lindsay Rosenwald, MD, one of the lead investors in the biotechnology sector, noted that abiraterone acetate could become a very promising candidate that can bring difference to patients with advanced prostate cancer.

 
Comments Off

Posted in Lindsay Biotechnology

 

Achievements Of Dr. Lindsay Rosenwald Serve As A Source Of Inspiration For The Youth

10 Jun

In 1991, Dr. Lindsay Rosenwald has led to the achievements in the field of bio technology and medical research. His company soon emerged as basis for the development of other portfolio companies. There are many achievements made by Rosenwald and his group of companies and they are one of the most trusted and most famous companies in the market.

There are many portfolio companies involved in the drug research. There is a separate company which is intended for the co-ordination and facilitation of drug development and drug research in these companies, which are founded by Dr. Lindsay Rosenwald. It is also involved in the general corporate development of the portfolio companies of the group.  Another group is a multi national company. This health care investment company concentrates on the concepts that produce new drugs and also the companies which try to produce them. The main of this company is to provide support to these sprouting new companies. It is crucial in finding the financial support to the portfolio companies. Bio Capital is a broker dealer company that has a valid registration. It is registered with Financial Industry Regulatory Authority which is usually abbreviated as FINRA. The success of Bio Capital Company can be known by looking at the statistics of the company and the fund raised by the company. Till now, the company has raised a whooping amount of nine hundred and fifty million dollars for the development of portfolio companies. All these companies are initiated by Rosenwald. When coming to the life story of Rosenwald, he has done his schooling in Pennsylvania till the year 1973. Then he wanted to join in finance course at masters’ level. So, he moved to Pennsylvania State University. He has completed his graduation in Beta Sigma Gamma in the year 1977. Then he took up medicine studies at Temple University’s school of medicine. After completing his medicine studies in 1983 he joined his internship in Abington Medical Hospital. At the same time, he has started his own practice.

Lindsay Rosenwald has a passion towards finance field and it has led him to move to Wall Street. There he emerged in to a unique person by taking two professions at the same time. They are medical practitioner and analyst.  It is a unique kind of job where he is the first of his kind. Rosenwald got fame in both the professions and he is considered as legend in associating bio technology and life sciences with financial world. His initiations has now seen in the form of bigger companies which are considered as pioneer in their respective fields.

 
Comments Off

Posted in Lindsay Biotechnology