FDA nom­i­na­tion in hand, Got­tlieb pre­pares to dis­en­tan­gle him­self from a long list of bio­phar­ma jobs and in­vest­ments

Steve Burd (R), pres­i­dent and CEO, Safe­way, Inc. and Scott Got­tlieb (L), res­i­dent fel­low at Amer­i­can En­ter­prise In­sti­tute par­tic­i­pate in a Sen­ate Health, Ed­u­ca­tion, La­bor and Pen­sions Com­mit­tee hear­ing on Capi­tol Hill, June 11, 2009 in Wash­ing­ton, DC. (Cred­it: Mark Wil­son/Get­ty Im­ages)


Scott Got­tlieb wasn’t idle dur­ing the eight years of the Oba­ma ad­min­is­tra­tion. With De­moc­rats in the White House and Re­pub­li­cans out, the for­mer agency of­fi­cial turned to a busy ca­reer work­ing with quite a range of bio­phar­ma in­vestors and com­pa­nies.

Now that Got­tlieb has se­cured Trump’s nom­i­na­tion as the next FDA com­mis­sion­er and lined up an April 5th hear­ing at the Sen­ate, he’s be­gun the process of un­wind­ing those in­vest­ments and busi­ness re­la­tion­ships in bio­phar­ma. Got­tlieb filed a dis­clo­sure form yes­ter­day with the Of­fice of Gov­ern­ment Ethics that will sure­ly pro­vide fod­der for a De­mo­c­ra­t­ic at­tack dur­ing his con­fir­ma­tion hear­ings.

And there’s a lot to see.

Got­tlieb’s con­sult­ing work with Glax­o­SmithK­line is well known, and he’s put the phar­ma gi­ant on a long list of com­pa­nies he will steer clear of dur­ing his first year as com­mis­sion­er, re­cus­ing him­self from any FDA ac­tion re­gard­ing GSK. He’s al­so been a board mem­ber of Me­dA­vante, a med­ical de­vice com­pa­ny. Me­dA­vante owes him some com­pen­sa­tion, he says in the ethics form, but he’ll for­feit that if it doesn’t ar­rive ahead of his con­fir­ma­tion. And if it does, he’ll re­cuse him­self for two years.

There were board po­si­tions with Tolero and the clin­i­cal di­ag­nos­tic lab Com­bi­Ma­trix, which he re­signed from last De­cem­ber. And he set up a com­pa­ny to com­plete a sin­gle con­sult­ing con­tract with Bris­tol-My­ers Squibb. More con­sult­ing was done for Ver­tex and he wrote a se­ries of ar­ti­cles for Forbes.

He al­so has a po­si­tion with Amer­i­can Pathol­o­gy Part­ners and Col­lec­tive Health, but he plans to re­sign from those po­si­tions once he is con­firmed, then re­cuse him­self from ac­tions re­lat­ed to those com­pa­nies.

There are stock op­tions in Gradalis, Glytec and Strike Bio. He’s re­signed re­cent­ly from po­si­tions at Gradalis and Strike, and plans to re­cuse him­self from all three, di­vest­ing his in­vest­ments in 90 days af­ter he is con­firmed as com­mis­sion­er.

Got­tlieb was a part­ner at T.R. Win­ston, a bou­tique in­vest­ment bank, where he picked up in­vest­ments in Cell Bio­ther­a­py, An­gion Phar­ma­ceu­ti­cals, Chan­ti­cleer Hold­ings and:

  • Em­maus Life Sci­ences
  • In­spyr Ther­a­peu­tics
  • Kure
  • Lil­lis En­er­gy
  • Neu­ral­stem
  • Phar­ma-Bio Serv
  • Pros­et­ta Bio­sciences
  • So­cial Re­al­i­ty
  • Syn­the­sis En­er­gy Sys­tems
  • Tivor­san Phar­ma­ceu­ti­cals

All of that will go when he gets the nod from law­mak­ers.

He will still need to re­sign from po­si­tions at Amer­i­can En­ter­prise In­sti­tute, the New York Uni­ver­si­ty School of Med­i­cine, the So­ci­ety of Hos­pi­tal Med­i­cine, the BDO Cen­ter for Health­care Ex­cel­lence and In­no­va­tion, and Daichii Sankyo US.

(Whew.)

And he’ll re­cuse him­self from any ac­tions in­volv­ing all of them.

Chances are that the De­moc­rats will do what it can to paint these ties as an ex­am­ple of Got­tlieb’s too cozy re­la­tion­ship with an in­dus­try he plans to reg­u­late. But with the Re­pub­li­cans in charge of Con­gress and the White House, and bio­phar­ma of­fer­ing sol­id sup­port for the nom­i­na­tion, it’s un­like­ly he’ll be blocked.

The in­dus­try learned to yearn for Got­tlieb at the helm of the FDA pre­cise­ly be­cause his ex­pe­ri­ence had to make him aware of the re­al­i­ties in­volved in de­vel­op­ing ther­a­pies — a per­spec­tive that of­ten seems lack­ing in the White House. There’s no ques­tion his port­fo­lio took him on a glob­al jour­ney in bio­phar­ma that makes him a safe bet to run the agency.

But ex­pect to hear a lot more about this in the weeks to come.

Donald and Melania Trump watch the smoke of fireworks from the South Lawn of the White House on July 4, 2020 (via Getty)

Which drug de­vel­op­ers of­fer Trump a quick, game-chang­ing ‘so­lu­tion’ as the pan­dem­ic roars back? Eli Lil­ly and Ab­Cellera look to break out of the pack

We are unleashing our nation’s scientific brilliance and will likely have a therapeutic and/or vaccine solution long before the end of the year.

— Donald Trump, July 4

Next week administration officials plan to promote a new study they say shows promising results on therapeutics, the officials said. They wouldn’t describe the study in any further detail because, they said, its disclosure would be “market-moving.”

— NBC News, July 3

Something’s cooking. And it’s not just July 4 leftovers involving stale buns and uneaten hot dogs.

Over the long weekend observers picked up signs that the focus in the Trump administration may swiftly shift from the bright spotlight on vaccines being promised this fall, around the time of the election, to include drugs that could possibly keep patients out of the hospital and take the political sting out of the soaring Covid-19 numbers causing embarrassment in states that swiftly reopened — as Trump cheered along.

So far, Gilead has been the chief beneficiary of the drive on drugs, swiftly offering enough early data to get remdesivir an emergency authorization and into the hands of the US government. But their drug, while helpful in cutting stays, is known for a limited, modest effect. And that won’t tamp down on the hurricane of criticism that’s been tearing at the White House, and buffeting the president’s most stalwart core defenders as the economy suffers.

We’ve had positive early-stage vaccine data, most recently from Pfizer and BioNTech, playing catchup on an mRNA race led by Moderna — where every little sign of potential trouble is magnified into a lethal threat, just as every advance excites a frenzy of support. But that race still has months to play out, with more Phase I data due ahead of the mid-stage numbers looming ahead. A vaccine may not be available in large enough quantities until well into 2021, which is still wildly ambitious.

So what about a drug solution?

Trump’s initial support for a panacea focused on hydroxychloroquine. But that fizzled in the face of data underscoring its ineffectiveness — killing trials that aren’t likely to be restarted because of a recent population-based study offering some support. And there are a number of existing drugs being repurposed to see how they help hospitalized patients.

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Shoshanna Shendelman, Applied Therapeutics CEO (Applied Therapeutics)

A lit­tle biotech slaps back at a 'crim­i­nal' short at­tack, vow­ing to pur­sue a pros­e­cu­tion of their case

As short attacks go, Biotech Research Partners’ assault on Applied Therapeutics’ “cherry picked” data and a variety of so-called red flags didn’t cause a whole lot of damage. Ahead of the July 4 holiday, its shares $APLT were dinged and showed signs of quick recovery.

But that didn’t stop an incendiary response, as the biotech swung into action bright and early Monday morning.

Applied Therapeutics accused the authors of the short report of manipulating graphs and figures, misrepresenting data and included factual misrepresentations — all of which added up, in their view, to fraud.

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Cel­lec­tis slammed af­ter pa­tient dies and FDA slaps a hold on their tri­al for an off-the-shelf CAR-T for mul­ti­ple myelo­ma

Cellectis was slammed after the market close on Monday as the biotech reported that the FDA demanded it hit the brakes on their MELANI-01 trial for their off-the-shelf cell therapy UCARTCS1A after one of the patients in the study died of treatment-related cardiac arrest.

The multiple myeloma patient had previously been treated unsuccessfully with various therapies, noted the biotech, and had been given dose level two (DL2) of their allogeneic CAR-T.

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UP­DAT­ED: Im­munomedics spells out PFS ben­e­fit of Trodelvy in mTNBC, hunt­ing a full OK just weeks af­ter ac­cel­er­at­ed ap­proval

By the time the FDA finally granted an accelerated OK for Immunomedics’ Trodelvy, we already got a very strong hint that their confirmatory Phase III study in metastatic triple-negative breast cancer was a success.

That’s because the independent data safety monitoring committee recommended that the trial be stopped early. But just what pointed them to the conclusion was still unclear.

“We do not know the totality of their decision other than it’s pretty evident that the primary endpoint was met; otherwise they could not request to halt the study,” Behzad Aghazadeh, the executive chairman, told Endpoints News at the time.

Bill Haney, Dragonfly CEO (Dave Pedley/Getty Images for SXSW)

A boom­ing Drag­on­fly is tak­ing its TriN­KETs to Copen­hagen as the lat­est Bris­tol My­ers pact spurs ex­pan­sion plans — out­side the US

Bristol Myers Squibb is making a habit out of collaborating with the crew at Dragonfly, adding their 3rd deal in a series that now will take them into newly charted R&D territory. And the fast-growing team at the Cambridge-based biotech is adding a facility in Copenhagen for its next growth spurt, where the government is making it easy to recruit scientists internationally as the U.S. throttles back.

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Covid-19 roundup: Teamed up with NIH, Re­gen­eron launch­es PhI­II pre­ven­tion tri­al for an­ti­body cock­tail

As Regeneron moves its antibody cocktail into Phase II/III trials testing REGN-COV2 as a treatment for both hospitalized and non-hospitalized patients with Covid-19, the biotech is also starting a Phase III in the prevention setting.

The National Institute of Allergy and Infectious Diseases — which orchestrated the large, randomized study for remdesivir that produced positive results — will jointly run the study.

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Douglas Love, Annexon CEO (Annexon)

IPO bound? Ac­tu­al­ly, An­nex­on was al­ready prepped and primed to toss its S-1 to Wall Street as in­vestors ral­lied

The Wall Street IPO shuffle generally calls for a little distance between the crossover ante and the Wall Street double, but with the window on the street wide open and biotech sizzling hot, who’s waiting?

The crew at Annexon didn’t leave anyone in suspense for long about their IPO plans. A day after the Bay Area biotech with clinical plans to target neurodegeneration quietly unveiled a $100 million raise, they were back with an S-1 outlining a pitch to double that — or more.

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Jean-Paul Clozel, Idorsia CEO (Patrick Straub/Keystone via AP Images)

Sec­ond PhI­II study for Idor­si­a's sleep drug re­turns pos­i­tive re­sults, but al­so rais­es new ques­tions

Following a successful Phase III study in April showcasing the safety and potential of its new sleep drug, Idorsia posted some mixed news in the second Phase III study, but that won’t stop a planned filing aimed at regulatory approval.

The drug, a dual orexin receptor antagonist (DORA) called daridorexant, was found to significantly improve sleep maintenance and subjective total sleep time in 25 mg doses, replicating results from the first Phase III study. However, improvements in sleep onset and daytime functioning narrowly missed statistical significance, despite numerical consistency with the April study.

Elias Zerhouni (Photo by Vincent Isore/IP3/Getty Images)

Elias Zer­houni dis­cuss­es ‘am­a­teur hour’ in DC, the de­struc­tion of in­fec­tious dis­ease R&D and how we need to prep for the next time

Elias Zerhouni favors blunt talk, and in a recent discussion with NPR, the ex-Sanofi R&D and ex-NIH chief had some tough points to make regarding the pandemic response.

Rather than interpret them, I thought it would be best to provide snippets straight from the interview.

On the Trump administration response:

It was basically amateur hour. There is no central concept of operations for preparedness, for pandemics, period. This administration doesn’t want to or has no concept of what it takes to protect the American people and the world because it is codependent. You can’t close your borders and say, “OK, we’re going to be safe.” You’re not going to be able to do that in this world. So it’s a lack of vision, basically just a lack of understanding, of what it takes to protect the American people.

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