Good year to all
I recently did a talk on the study at Northwick Park that was done by
Tegenero and Parexel where 6 of the eight volunteers had severe cytokine storm reactions.
One of the issues that struck me was the relationship between Parexcel and Tegenero.
Over the last two years the wires have been awash with licencing deals between small start-ups like these and big pharma. And if you look at the rate of attrition of R & D departments at big pharma, the trend is likely to continue. Large pharma has even been clubbing together to start venture capital firms that invest in start-ups with a right to licence the technology later.
I agree with the business model, a small focused developer with their acorns in vice to get a product to market will generally beat a large corporation for development re:
Peter Drucker.
The issues that in my opinion has arisen from the Nortwick Park study is the following:
1. Trial design and safetyThe issue with the trial design and decision to give all the patients the therapy at 10min intervals have been documented before ( Duff Report)
I would have thought that Parexcel as the CRO would have advised the company against such a risky strategy in first in man studies. The possibility exist that Tegenero didn't have the funds for slow multi day escalation study and this is why they did it this way. We all know the results.
So small companies might be forced to cut corners to save money in the development cycle. If large pharma is now a partner, they will expose themselves to these risks that they might not have had if it was done in house.
2. Phase 2 and 3 patient pool reach.Limited venture capital funds mean that in phase 2b and three a small company would not be able to do a large study of the kind that you now see in cardiovascular medicine.
What this means is that by the stage that your product needs FDA/EUDRA approval you might have to go back and do more work because of limitations in your applications. Further what the development people sometimes miss is that in the marketing of a therapy , indications rule the roost and if you are stuck with a very narrow indication, everybody at Marketing will know what a great drug it is but they may not tell anybody about it.
3. Vested interestThe main goal of any therapy development company is the create something that will help patients better. The smaller the developer the larger the risk of survival overshadowing this imperative.
So when you read about these large licencing deals, know that its a high risk bet, even at phase 2b stage and if you are involved, make sure they will take the same precautions you would have if you developed it in house.
Cheers
The UNk