Dublin, Ireland-based Prothena establishes drugs that deal with protein dysregulation. Semaglutide, the active ingredient in Novo Nordisk diabetes drugs Rybelsus and Ozempic, could use to cardiometabolic diseases, according to the business. Acquiring the Prothena drug gives Novo Nordisk an opportunity to contend in ATTR amyloidosis. Alnylam Pharmaceuticals markets a drug, Onpattro, that is approved for dealing with ATTR impacting the nerves. Another drug, prasinezumab, is in Phase 2 testing in Parkinsons disease.
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Novo Nordisk is understood for diabetes drugs, but the business has been expanding its scope to nearby locations, including cardiovascular illness. That strategy continues to play out, and the most recent example is a $100 million offer to acquire an uncommon disease medicine from Prothena in early-stage scientific development.
The Denmark-based pharmaceutical giant revealed on Monday a contract to obtain a drug called PRX004, which Prothena is developing for ATTR amyloidosis, a disease defined by the unusual buildup of amyloid deposits in the body. Novo Nordisk prepares to focus at first on establishing the drug for the buildup of these protein deposits in heart tissue, called ATTR cardiomyopathy.
The $100 million amount is a mix of an upfront payment and near-term clinical turning point payments, the breakdown of which was not specified. Novo Nordisk acquires full international rights to PRX004. Depending upon the progress of the drug, Prothena could make as much as $1.2 billion for achieving advancement and sales turning points.
ATTR primarily affects the worried system and the heart, and as this buildup aggravates, the disease ends up being fatal. ATTR is an inherited condition, though in some cases it is gotten, which is understood as wild-type ATTR.
Dublin, Ireland-based Prothena develops drugs that treat protein dysregulation. PRX004 is a monoclonal antibody designed to diminish the amyloid deposits characteristic of both genetic and wild-type ATTR amyloidosis. According to the business, the drug works without impacting the native, normal form of transthyretin protein. The company said that in preclinical research, the drug promoted the clearance of amyloid by mediating phagocytes, immune cells that consume harmful bacteria, particles, and cells. The antibody also inhibited amyloid formation, according to the business.
Last December, Prothena released data from a Phase 1 clinical trial screening patients with the genetic type of ATTR. Of the seven clients that might be evaluated at 9 months, the drug showed a slowing down of neuropathy development and showed improvement in the hearts capability to pump blood.
Semaglutide, the active component in Novo Nordisk diabetes drugs Rybelsus and Ozempic, could apply to cardiometabolic illness, according to the business. Last year, Novo Nordisk paid $725 million up front to get Corvidia Therapeutics, a clinical-stage biotech whose antibody is being established to minimize the threat of unfavorable cardiovascular occasions in persistent kidney disease clients who currently have hardening of the arteries and swelling.
Acquiring the Prothena drug provides Novo Nordisk a possibility to compete in ATTR amyloidosis. In 2019, the FDA approved Pfizers tafamidis, a capsule, as a treatment for the cardiomyopathy associated with ATTR. The Pfizer drug is created to bind to transthyretin, preventing it slowing amyloid formation.
Alnylam Pharmaceuticals markets a drug, Onpattro, that is approved for treating ATTR impacting the nerves. The Cambridge, Massachusetts-based biotechs drug works by stopping a gene from producing the damaging protein, employing a system called RNA disturbance. That drug is an infusion provided every 3 weeks, though Alnylam is likewise seeking FDA approval of an injectable RNAi therapy thats provided every three months. Intellia Therapeutics has early medical data supporting its speculative gene therapy, which could offer a one-time treatment for ATTR.
The Novo Nordisk offer brings Prothena money that it can apply to the rest of its pipeline, including its most sophisticated program, birtamimab, which is still wholly owned by the biotech. That drug in Phase 3 screening in AL amyloidosis, a various form of amyloidosis. Another drug, prasinezumab, remains in Phase 2 screening in Parkinsons illness.
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