DOCSLIB.ORG

Download Research

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Download Research SHIELD THERAPEUTICS (LON:STX) 25 August 2021 Healthcare Shield Therapeutics: Master of its own destiny 52-WEEK HIGH 148.68p Investment proposition hinges on success of US launch 52-WEEK LOW 31.00p Shield’s investment proposition is very simple: it hinges on its US success in PRICE 44.5p commercialising Accrufer (US brand) to treat iron deficient anaemia using MARKET CAP MLN £96.06 its own 30-person salesforce and a striking ad campaign. Shield owns the product, takes all the profit but, most importantly, controls the process. Large US market opportunity Share Price 65 The market is large with 10mln oral prescriptions a year. Accrufer offers excellent 60 tolerability and efficacy compared to other oral iron products. Whilst we think 55 that it will take the rest of 2021 to gain US market traction, partly due to 50 COVID-19, we expect a strong sales trajectory to emerge during 2022. In Europe, 45 H1 sales volumes grew from a low base with royalty revenue of £0.5mln. Partner 40 35 Norgine needs to gain public national reimbursements for Ferracru (EU brand) and build market share. Mar Apr May Jun Jul Aug Created by BlueMatrix Ferric Maltol: Approved in Europe and the US Iron supplements are essential for patients with anaemia, low red blood cell counts. Red blood cells transport oxygen by using haemoglobin (Hb). Hb requires Major Shareholders a charged iron atom (a ferric ion) so patients with iron deficiency make lower amounts of Hb, so become anaemic. Effective iron supplementation enables Shares in issue 215,837,965 normal production of Hb so reversing anaemia and its symptoms. Avg Three-month trading 913,251 volume Iron has to be transported across the gut lining by a specific transporter protein: Primary Index AIM ferroportin, so ferric maltol, by delivering ferric ions to the transporter, aids absorption. Ferric maltol is an iron-containing compound taken by mouth at a dose of 30mg twice per day. Maltol, a sugar, surrounds the iron solubilising it. Company Information Iron can exist in two charged forms: ferrous (double positive) and ferric (triple positive) ions. Ferrous preparations are more soluble - so used in cheap generic Address: 16 Upper Woburn Place, Euston, oral preparations, but the ferrous ions have to oxidise within the gut to ferric London, WC1H 0AF ions to be absorbed. This oxidation creates gut toxicities. Ferric preparations are Website: www.shieldtherapeutics.com orally poorly bioavailable so, other than Ferracru, need to be given by injection or intravenously. Analyst Details Once inside the body, the iron is taken up and transported by normal iron Robin Davison metabolism proteins like transferrin and ferratin. This restores normal iron levels [email protected] and Hb. Excessive iron is also dangerous. John Savin PhD Registration trials were conducted in patients with inflammatory bowel disease [email protected] and chronic kidney disease who were unresponsive to, or unable to tolerate other oral iron therapies. Patients need to take Accrufer for at least 12 weeks, depending on condition, to see a therapeutic gain. Typically, a course will be at least 16 weeks. The comparison arm was a placebo. Ferracru was European Medicines Agency approved in 2016 following a positive regulatory opinion. It is indicated for patients with inflammatory bowel disease suffering from iron deficiency. In the US, Accrufer was Federal Food and Drug Administration approved in July 2019 for iron deficiency, a much broader indication than in Europe. www.proactiveinvestors.co.uk | STX | 25.08.2021 | Important: disclaimers can be found on the last page of this report 1 SHIELD THERAPEUTICS Trials and data Greg Madison, CEO. Previously CEO of Melt Pharmaceuticals and Keryx biopharmaceuticals A phase III trial, the AEGIS US head-to-head study (NCT02680756) assessed (2015-2018), during which time he launched Aurixia for hyperphosphataem,ia and iron Accrufer longer term up to 52 weeks, against iv iron, Injectafer with the primary deficiency anaemia. endpoint measured at 12 weeks. The aim was to show that they were equivalent (within 20%). Data were initially reported in 2019. The response levels for patients who followed the full trial protocol with Accrufer were within 20% of those treated with Injectafer. Unfortunately, within the statistical interpretation of the Hans Peter Hasler, non-executive chairman. pre-specified trial design, Accrufer cannot be claimed to be non-inferior (that is, Previously held senior exec roles at Biogen, effectively equivalent) to Injectafer as when all patients are included, the 20% Elan Pharma and Wyeth. Current non-exec roles at HBM Healthcare Investments and Minerva 12-week threshold was missed. As a result, Accrufer is positioned against oral Neuroscience. products not against injectable ferric products. Shield is running a study to broaden the label further to include 1.6mln children and adolescents with IDA. A small cross-over study was satisfactorily completed in H1 2021. The main study should start recruitment in H2 2021. Competitive landscape Iron deficiency is common but particularly associated with women, due to regular periods, people with kidney disorders and people with inflammatory bowel disease who lose blood due to gut lesions. Some cancer patients can also become iron deficient. The cheapest treatment is to use various soluble iron preparations: ViFor estimates there are over 3,000 brands worldwide. Generally, these are not very effective as based on ferrous solutions, discussed above, with gastrointestinal side effects. However, clinical guidance generally recommends that oral iron is given before infused or injectable preparations. The leading injectable or intravenous (iv) iron product, sold by the Swiss company Vifor, is ferric carboxymaltose (chemically distinct from ferric maltose). This is sold as Ferrinject (Europe) and as Injectafin (US). In-market 2020 global sales were CHF 1bln and ViFor claims that this equates to about a 50% share. In the US, sales in-market were US$446mln giving ViFor’s marketing partner revenues after wholesale and discounts of US$415.5mln. Sales volumes were down 6.6% as patients avoided clinics due to COIVID-19. Potentially, Accrufer as an effective oral product could be more acceptable to at-risk patients. Pharmacosmos (Denmark) sells MonoFer (ferric derisomaltose) and CosmoFer (iron dextran), which are ferric products given intravenously. Sales are not disclosed. The US market is the largest and the most receptive market in the world for novel pharmaceutical treatments. Accrufer is positioned as a second-line option after generic oral ferrous salts and before the use of injectable or intravenous ferric products. There are about 10mln adults with iron-deficient anaemia (IDA) in the US with about 10mln oral iron prescriptions and 2.3m iv/injectable prescriptions. In the US, Shield sells Accrufer directly using its own 30-person sales force. Accrufer was launched on schedule on 1 July 2021. The current activity is to add Accrufer to hospitals and other formularies so that it is available for physicians to prescribe. Shield has so far found the interest level amongst physicians to be high. www.proactiveinvestors.co.uk | STX | 25.08.2021 | Important: disclaimers can be found on the last page of this report 2 SHIELD THERAPEUTICS In addition, physicians are seeking a safer and more effective oral iron product as they are not satisfied with current (ferrous) oral products. Tolerability and efficacy are seen as crucial. We also note that price acceptability is going to be important - more so for general physicians, less so for specialists who see more severe cases and may be more inclined to use an injectable product. Shield has developed a visually striking ad campaign with comprehensive literature and online back-up materials. Korean deal In August 2021, a deal with Korea Pharma was announced. The partner will pay all in-country costs. The deal terms are: • Upfront payment of £0.5mln at signing; • Milestone payment of£1.5mln upon first commercial sale of Accrufer; • Additional milestone payments of up to £4.0mln upon achievement of specified cumulative sales targets; • Royalties of 15% of net sales of Accrufer in Korea. www.proactiveinvestors.co.uk | STX | 25.08.2021 | Important: disclaimers can be found on the last page of this report 3 SHIELD THERAPEUTICS Valuation considerations and sales development Shield has disclosed its internal projections that peak revenues could be in the US$300-500mln per year range from 2027 onwards. It is possible on Shield’s internal estimates that cash flow neutrality will be reached around 2023. This will be a key target for investors to watch. US sales costs can be high and the need to get product onto formularies and get traction on specialist prescribing, especially when COVID-19 still makes direct product promotion difficult, means that we do not expect significant US revenue generation during H2 2021. A better perspective will be given by H1 2022 sales development. However, and positively, Shield fully controls the sales and promotion and reaps, after wholesale and patient support costs, all the profits. This means that once Accrufer gains market traction, it should develop into a strong, consistent and profitable franchise. We do not expect significant European growth for some time. It is unclear how much Norgine is investing in market development or how much share of the future market Shield will receive. The product is also licensed with ASK Pharma for China. The China launch is anticipated for 2023 on trial completion. Licensing agreements are being negotiated in other countries. A deal for South Korea was announced in August 2021 (see above). Financial commentary We do not make a financial forecast. Sales, adjusted royalties, in H1FY21 were £0.5mln. The comparable period in 2020 was distorted by the excellent partnering deal with Jiangsu Aosaikang Pharmaceutical Co. Ltd with a substantive upfront payment of US$11.4mln.
Load more

Recommended publications
  • Suomen Lääketilasto 2019
    SUOMEN LÄÄKETILASTO S LT FINNISH STATISTICS ON MEDICINES FSM 2019 Keskeisiä lukuja lääkkeiden myynnistä ja lääkekorvauksista vuonna 2019 Milj. € Muutos vuodesta 2018, % Lääkkeiden kokonaismyynti 3 460 5,2 avohoidon reseptilääkkeiden myynti (verollisin vähittäismyyntihinnoin) 2 284 4,4 avohoidon itsehoitolääkkeiden myynti (verollisin vähittäismyyntihinnoin) 357 0,8 sairaalamyynti (tukkuohjehinnoin) 818 9,9 Lääkkeistä maksetut korvaukset 1 551 6,2 peruskorvaukset 316 3,0 erityiskorvaukset 1 029 5,2 lisäkorvaukset 205 17,7 Key figures for medicine sales and their reimburssement in 2019 € million Change from 2018, % Total sales of pharmaceuticals 3,460 5.2 prescription medicines in outpatient care (at pharmacy prices with VAT) 2,284 4.4 OTC medicines in outpatient care (at pharmacy prices with VAT) 357 0.8 sales to hospitals (at wholesale prices) 818 9.9 Reimbursement of medicine costs 1,551 6.2 Basic Refunds 316 3.0 Special Refunds 1,029 5.2 Additional Refunds 205 17.7 Lähde: Fimean lääkemyyntirekisteri, Kelan sairausvakuutuskorvausten tilastointitiedosto. Source: Finnish Medicines Agency, Drug Sales Register; Register of Statistical Information on National Health Insurance General Benefit Payments. SUOMEN LÄÄKETILASTO FINNISH STATISTICS ON MEDICINES 2019 Lääkealan turvallisuus- ja kehittämiskeskus Fimea ja Kansaneläkelaitos Finnish Medicines Agency Fimea and Social Insurance Institution Helsinki 2020 LÄÄKEALAN TURVALLISUUS- KANSANELÄKELAITOS JA KEHITTÄMISKESKUS FIMEA FINNISH MEDICINES AGENCY FIMEA SOCIAL INSURANCE INSTITUTION Lääketurvallisuus Analytiikka- ja tilastoryhmä Pharmacovigilance Section for Analytics and Statistics Mannerheimintie 166 Nordenskiöldinkatu 12 P.O. Box 55 P.O. Box 450 FI-00034 Fimea FI-00056 Kela Finland Finland [email protected] [email protected] Puh. 029 522 3341 Puh. 020 634 11 Tel. +358 29 522 3341 Tel.
    [Show full text]
  • Classification Decisions Taken by the Harmonized System Committee from the 47Th to 60Th Sessions (2011
    CLASSIFICATION DECISIONS TAKEN BY THE HARMONIZED SYSTEM COMMITTEE FROM THE 47TH TO 60TH SESSIONS (2011 - 2018) WORLD CUSTOMS ORGANIZATION Rue du Marché 30 B-1210 Brussels Belgium November 2011 Copyright © 2011 World Customs Organization. All rights reserved. Requests and inquiries concerning translation, reproduction and adaptation rights should be addressed to [email protected]. D/2011/0448/25 The following list contains the classification decisions (other than those subject to a reservation) taken by the Harmonized System Committee ( 47th Session – March 2011) on specific products, together with their related Harmonized System code numbers and, in certain cases, the classification rationale. Advice Parties seeking to import or export merchandise covered by a decision are advised to verify the implementation of the decision by the importing or exporting country, as the case may be. HS codes Classification No Product description Classification considered rationale 1. Preparation, in the form of a powder, consisting of 92 % sugar, 6 % 2106.90 GRIs 1 and 6 black currant powder, anticaking agent, citric acid and black currant flavouring, put up for retail sale in 32-gram sachets, intended to be consumed as a beverage after mixing with hot water. 2. Vanutide cridificar (INN List 100). 3002.20 3. Certain INN products. Chapters 28, 29 (See “INN List 101” at the end of this publication.) and 30 4. Certain INN products. Chapters 13, 29 (See “INN List 102” at the end of this publication.) and 30 5. Certain INN products. Chapters 28, 29, (See “INN List 103” at the end of this publication.) 30, 35 and 39 6. Re-classification of INN products.
    [Show full text]
  • Ferric Maltol) Capsules, for Oral Use ------ADVERSE REACTIONS------Initial U.S
    HIGHLIGHTS OF PRESCRIBING INFORMATION ------------------------WARNINGS AND PRECAUTIONS----------------------- These highlights do not include all the information needed to use • IBD flare: Avoid use in patients with IBD flare (5.1) ACCRUFERTM safely and effectively. See full prescribing • Iron overload: Accidental overdose of iron products is a leading information for ACCRUFER. cause of fatal poisoning in children under 6. Keep out of reach of children. (5.2) ACCRUFER (ferric maltol) capsules, for oral use --------------------------- ADVERSE REACTIONS------------------------------ Initial U.S. Approval: 2019 Most common adverse reactions (incidence > 1%) are flatulence, diarrhea, constipation, feces discolored, abdominal pain, nausea, -----------------------------INDICATIONS AND USAGE-------------------------- vomiting and abdominal discomfort/distension. (6.1) ACCRUFER is an iron replacement product indicated for the treatment of iron deficiency in adults. (1) To report SUSPECTED ADVERSE REACTIONS, contact [name of manufacturer] at [toll-free phone #] or FDA at 1-800-FDA-1088 or ------------------------DOSAGE AND ADMINISTRATION---------------------- www.fda.gov/medwatch. • 30 mg twice daily on an empty stomach (2.1) • Continue as long as necessary to replenish body iron stores (2.1) ------------------------------DRUG INTERACTIONS------------------------------- • Dimercaprol: Avoid concomitant use. (7.2) ---------------------DOSAGE FORMS AND STRENGTHS---------------------- • Oral Medications: Separate administration of ACCRUFER from Capsules:
    [Show full text]
  • Ferric Maltol 30Mg Hard Capsules (Feraccru®) SMC No
    ferric maltol 30mg hard capsules (Feraccru®) SMC No. (1202/16) Shield TX UK Limited 04 November 2016 The Scottish Medicines Consortium (SMC) has completed its assessment of the above product and advises NHS Boards and Area Drug and Therapeutic Committees (ADTCs) on its use in Scotland. The advice is summarised as follows: ADVICE: following a full submission ferric maltol (Feraccru®) is not recommended for use within NHS Scotland. Indication under review: in adults for the treatment of iron deficiency anaemia (IDA) in patients with inflammatory bowel disease (IBD). In a pooled analysis of two phase III studies in IBD patients with IDA who had failed previous treatment with oral ferrous products, there was a significantly greater increase in haemoglobin concentrations after 12 weeks of ferric maltol treatment compared with placebo. The submitting company did not present sufficiently robust clinical and economic analyses to gain acceptance by SMC. Overleaf is the detailed advice on this product. Chairman, Scottish Medicines Consortium Published 12 December 2016 1 Indication In adults for the treatment of iron deficiency anaemia (IDA) in patients with inflammatory bowel disease (IBD). Dosing Information One capsule twice daily, morning and evening, on an empty stomach. Treatment duration will depend on severity of iron deficiency but generally at least 12 weeks treatment is required. The treatment should be continued as long as necessary to replenish the body iron stores according to blood tests. Ferric maltol capsules should be taken whole on an empty stomach (with half a glass of water) as the absorption of iron is reduced when it is taken with food.
    [Show full text]
  • As Ferric Maltol)
    ANNEX I SUMMARY OF PRODUCT CHARACTERISTICS 1 1. NAME OF THE MEDICINAL PRODUCT Feraccru 30 mg hard capsules 2. QUALITATIVE AND QUANTITATIVE COMPOSITION Each capsule contains 30 mg iron (as ferric maltol). Excipient(s) with known effect Each capsule contains 91.5 mg of lactose monohydrate, 0.3 mg of Allura Red AC (E129) and 0.1 mg Sunset Yellow FCF (E 110). For the full list of excipients, see section 6.1. 3. PHARMACEUTICAL FORM Hard capsule. Red capsule (19 mm long x 7 mm diameter) printed “30”. 4. CLINICAL PARTICULARS 4.1 Therapeutic indications Feraccru is indicated in adults for the treatment of iron deficiency. 4.2 Posology and method of administration Posology The recommended dose is one capsule twice daily, morning and evening, on an empty stomach (see section 4.5). Treatment duration will depend on the severity of iron deficiency, but generally at least 12-weeks treatment is required. It is recommended the treatment is continued as long as necessary to replenish the body iron stores according to blood tests. The elderly and patients with hepatic or renal impairment No dose adjustment is needed in elderly patients or patients with renal impairment (eGFR ≥15 ml/min/1.73 m2). No clinical data on the need to adjust the dose in patients with impaired hepatic function and/or renal impairment (eGFR <15 ml/min/1.73 m2) are available (see section 4.4). Paediatric population The safety and efficacy of Feraccru in children (17 years and under) has not yet been established. No data are available Method of administration Oral use.
    [Show full text]
  • Nutrition and Blood
    Greater Manchester Joint Formulary Chapter 9: Nutrition and Blood For cost information please go to the most recent cost comparison charts Contents 9.1. Anaemias and some other blood disorders 9.2 Fluids and electrolytes 9.3 Not listed 9.4. Oral nutrition 9.5 Minerals 9.6 Vitamins Key Red drug see GMMMG RAG list Click on the symbols to access this list Amber drug see GMMMG RAG list Click on the symbols to access this list Green drug see GMMMG RAG list Click on the symbols to access this list If a medicine is unlicensed this should be highlighted in the template as follows Drug name Not Recommended OTC Over the Counter In line with NHS England guidance, GM do not routinely support prescribing for conditions which are self-limiting or amenable to self-care. For further details see GM commissioning statement. Order of Drug Choice Where there is no preferred 1st line agent provided, the drug choice appears in alphabetical order. Return to contents Chapter 9 – page 1 of 16 V5.2 Greater Manchester Joint Formulary BNF chapter 9 Nutrition and Blood Section 9.1. Anaemias and some other blood disorders Subsection 9.1.1 Iron-deficiency anaemias Subsection 9.1.1.1 Oral iron First choice Ferrous fumarate 322 mg tabs (100 mg iron) Ferrous fumarate 305 mg caps (100 mg iron) Alternatives Ferrous fumarate 210 mg tabs (68 mg iron) Ferrous sulphate 200 mg tabs (65 mg iron) Ferrous fumarate 140 mg sugar free syrup (45 mg of iron/5 mL) Sodium feredetate 190 mg sugar free elixir (27.5 mg of iron/5 mL) Grey drugs Ferric maltol capsules Items which Criterion 2 (see RAG list) are listed as For treatment of iron deficiency anaemia in patients with Grey are intolerance to, or treatment failure with, two oral iron deemed not supplements.
    [Show full text]
  • What Is New Or Changed
    What is Changed or New for the RxFiles? Visit www.RxFiles.ca to get a complete indexed compilation of all our Charts, Newsletters, Q&A’s, Trial summaries & list of references. Table of Contents: 1. Chronological list of some chart changes Jan-Aug 2021 NEW guidelines: New CDN: Sask. SPDP some changes ACC’20 A. Fib or VTE undergoing PCI/ASCVD Aermony RespiClick for asthma -Full: Admelog, Aermony RespiClick, Gluconorm, Spiriva, Suboxone SL, Trintellix ACG’20 Management of Irritable Bowel Syndrome Corzyna for angina -EDS: Adlyxine, Avsola, Dupixent, Fasenra pen, Omnipod Cartridge, Olumiant, ACG’21 Prevent, diagnosis & treat C. difficile infection Combogesic OTC for pain Onpattro, Opsumit, Orkambi, Rituximab (via Riximyo, Ruxience & Truxima), ACG’21 Upper GI & Ulcer Bleeding Dayvigo for sleep Revestive, Soliqua, Takhzyro, Trikafta & Vyndaqel. ACR’21 Treatment of Rheumatoid Arthritis Descovy for HIV PrEP cost: new generics: Actonel DR, Ciprodex, Cytomel, Dovobet oint, Enablex, ADA’21 American Diabetes Guideline Entyvio SC for UC/CD Enoxaparin, Esbriet, Flecainide, Flovent, Humira biosimilars, Hyoscine, AHS’21 Migraine: New Treatments into Practice Kesimpta & Zeposia for MS Infliximab, Jadenu, Kayexalate, Lamivudine, Methotrexate inj, Myforic, ASH’21 Manage VTE: Prevent & Tx pts with Cancer Nextstellis for birth control Onglyza, Pulmicort nebs, Rapaflo, Renvela, Revatio, Rituximab, Tri-Cira, CCS’21 Heart Failure Guideline Update Suboxone Film Uloric, Venofer & Visanne. CCS’21 Lipid Guidelines Trurapi is insulin aspart new NIHB: CTS’21 Management of Very Mild & Mild Asthma New FDA: -Full: Admelog, Campral, Cyclosporine, Dex-4 liquid/gel, Emend, KDIGO’21 Management of Blood Pressure in CKD Aduhelm for Alzhiemer’s Iron polysaccharide complex (Triferexx, Polyride FE, FeraMax), NAEPP’20 American Asthma Guide: Adult/Adolescent Gemtesa for urinary incontinence Mezera 1gm foam, Minocycline, Monurol, Mycophenolate, Nabilone, Kesimpta & Ponvory for MS Shingrix (for age 65-70yrs only), Sirolimus, Tacrolimus, Trintellix, Viread Prevnar 20 for pneumococcal dx & Zyvoxam.
    [Show full text]
  • Ual Annual Report
    WHEN GREAT MINDS COME TOGETHER, BIG IDEAS COME TO LIFE. 2018 ANNUALUAL REPORTR April 2019 Dear Fellow Shareholders, 2018 was a truly transformative year for our company, highlighted by the achievement of significant milestones toward our goal of advancing care for patients with kidney disease. Leveraging our fully-integrated infrastructure to advance care for patients with kidney disease Through the successful completion of our merger with Keryx Biopharmaceuticals in December 2018, we are now a fully-integrated company with capabilities ranging from research through commercialization. We now have an expanded and highly complementary portfolio focused on addressing significant unmet needs for patients with kidney disease. Our unique assets include Auryxia® (ferric citrate), a U.S. Food and Drug Administration (FDA)-approved product in two indications, and vadadustat, an investigational oral hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF-PHI) in Phase 3 clinical development, which we believe has the potential to drive a paradigm shift in the treatment of anemia due to chronic kidney disease (CKD). We believe these innovative assets represent exciting growth opportunities for our company. Auryxia: Building on strong momentum Auryxia is the only oral iron tablet approved in the U.S. to treat non-dialysis dependent adult CKD patients for iron deficiency anemia (IDA) and dialysis-dependent adult CKD patients for hyperphosphatemia. During 2018, our commercial team made significant progress in driving uptake of the drug, with volume and share gains for 2018 exceeding those of all other phosphate binders, both branded and generic. Nephrologists have a favorable perception of Auryxia across three of the most important needs in the hyperphosphatemia market: a lower pill burden, a favorable tolerability profile, and a palatable formulation.
    [Show full text]
  • Anemia Treatment After 30 Years of Erythropoietic Stimulating Agents: No
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by IUPUIScholarWorks Anemia Treatment After 30 Years of Erythropoietic Stimulating Agents: No Longer Business as Usual? Jay B. Wish, MD Division of Nephrology, Indiana University School of Medicine, Indianapolis, IN The publication date of this issue of ACKD, July-August 2019, is almost exactly 30 years after the approval by the Food and Drug Administration (FDA) of epoetin alfa in June 1989. There has been considerable evolution in the treatment of anemia in patients with CKD since that time despite the fact that erythropoietic stimulating agents (ESAs) remain the mainstay of that therapy. In the 1990s, we discovered the necessity of adequate iron supplementation to achieve the targeted erythropoietic response to ESAs. In the 2000s, we discovered that normalization of hemoglobin (Hb) levels in patients with CKD is associated with major adverse cardiovascular events (MACEs) compared to Hb targets in the 9- 11.5 g/dL range. In the 2010s, we have seen increased choice of ESAs including longer acting agents and biosimilar forms; newer options for administration of iron including more bioavailable oral agents, a dialysate formulation, and evidence supporting the efficacy and safety of more proactive intravenous (IV) administration in hemodialysis (HD) patients; and an increased understanding of the role of hepcidin in the phenomenon called “ESA resistance.” However, all of these advances have been refinements to an ESA-centric anemia treatment model in CKD without much in the way of disruptive technology. The hypoxia-inducible factor (HIF) stabilizers are that disruptive technology which, as of 2019, puts us at the threshold (or possibly precipice) of the first true revolution in anemia management in 3 decades.
    [Show full text]
  • Drug Consumption at Wholesale Prices in 2017 - 2020
    Page 1 Drug consumption at wholesale prices in 2017 - 2020 2020 2019 2018 2017 Wholesale Hospit. Wholesale Hospit. Wholesale Hospit. Wholesale Hospit. ATC code Subgroup or chemical substance price/1000 € % price/1000 € % price/1000 € % price/1000 € % A ALIMENTARY TRACT AND METABOLISM 321 590 7 309 580 7 300 278 7 295 060 8 A01 STOMATOLOGICAL PREPARATIONS 2 090 9 1 937 7 1 910 7 2 128 8 A01A STOMATOLOGICAL PREPARATIONS 2 090 9 1 937 7 1 910 7 2 128 8 A01AA Caries prophylactic agents 663 8 611 11 619 12 1 042 11 A01AA01 sodium fluoride 610 8 557 12 498 15 787 14 A01AA03 olaflur 53 1 54 1 50 1 48 1 A01AA51 sodium fluoride, combinations - - - - 71 1 206 1 A01AB Antiinfectives for local oral treatment 1 266 10 1 101 6 1 052 6 944 6 A01AB03 chlorhexidine 930 6 885 7 825 7 706 7 A01AB11 various 335 21 216 0 227 0 238 0 A01AB22 doxycycline - - 0 100 0 100 - - A01AC Corticosteroids for local oral treatment 113 1 153 1 135 1 143 1 A01AC01 triamcinolone 113 1 153 1 135 1 143 1 A01AD Other agents for local oral treatment 49 0 72 0 104 0 - - A01AD02 benzydamine 49 0 72 0 104 0 - - A02 DRUGS FOR ACID RELATED DISORDERS 30 885 4 32 677 4 35 102 5 37 644 7 A02A ANTACIDS 3 681 1 3 565 1 3 357 1 3 385 1 A02AA Magnesium compounds 141 22 151 22 172 22 155 19 A02AA04 magnesium hydroxide 141 22 151 22 172 22 155 19 A02AD Combinations and complexes of aluminium, 3 539 0 3 414 0 3 185 0 3 231 0 calcium and magnesium compounds A02AD01 ordinary salt combinations 3 539 0 3 414 0 3 185 0 3 231 0 A02B DRUGS FOR PEPTIC ULCER AND 27 205 5 29 112 4 31 746 5 34 258 8
    [Show full text]
  • Ferric Citrate
    Novel aspects of anemia and iron management in renal patients with or without cardiorenal syndrome Renal Unit, King’s College Hospital, London, UK 2002 2012 Killini 2012 2008 2018 2000 2010 2004 Erythropoiesis Hepcidin system Activation of HIF under hypoxic P300conditions HIF-β HIF-2α HIF-PH HRE EPO gene Plasma HIF system Fe-Tf Erythropoietin Iron SCF, IL-1, IL-3, SCF, GM-CSF, IL-6, IL-11 IL-3 About 8 Days Pluripotent Burst-Forming Colony-Forming Proerythro- Erythro- Reticulocytes RBCs Stem Cell Unit-Erythroid Unit-Erythroid blasts blasts Cells (BFU-E) Cells (CFU-E) Outline of lecture • What‘s new in anemia management? • What‘s new in iron management? • What‘s new in patients with cardiorenal syndrome? Controversies Conference on Iron Management in CKD | March 27-30, 2014 | San Francisco, California, USA Is there anything new in relation to target haemoglobin? Hb correction with ESA therapy 15 14 13 12 11 10 Hb (g/dl) Hb 9 • Reduced transfusions • Improved QoL, esp. physical domain 8 • Improved physical capacity • Positive cardiac effects 7 6 Hb correction with ESA therapy 15 14 13 12 11 10 Hb (g/dl) Hb 9 • Reduced transfusions • ? Improved QoL / ↑exercise capacity 8 • Increased CVS events, stroke, VTE • Increased cancer-related deaths 7 6 Hb correction with ESA therapy 15 14 13 12 11 10 Hb (g/dl) Hb 9 8 7 6 Safety Concerns in the TREAT Study 10 Darbepoetin alfa 8.9§ 8 Placebo 7.5‡ 7.1 6 5.0† 4 Patients (%) Patients 2 2.6 2.0‡ 0.6 1.1 0 Stroke Venous Arterial Cancer-related thromboembolic thromboembolic mortality* event event †, p<0.001 versus placebo ‡, p=0.02 versus placebo §, p=0.04 versus placebo *Amongst patients with a history of malignancy at baseline Pfeffer MA et al.
    [Show full text]
  • Evolving Evidence-Based Treatment Guidelines for Iron Deficiency Anemia in Inflammatory Bowel Disease: Considerations in Managed Care
    ® SUPPLEMENT July 2021 THE AMERICAN JOURNAL OF MANAGED CARE® Vol. 27 • No. 11, Sup. Evolving Evidence-Based Treatment Guidelines for Iron Deficiency Anemia in Inflammatory Bowel Disease: Considerations in Managed Care HIGHLIGHTS › Diagnosis and Management of Iron Deficiency Anemia in Inflammatory Bowel Disease › Impact of Treatment of Iron Deficiency Anemia in Inflammatory Bowel Disease: Considerations in Managed Care › CE Sample Posttest Supplement to The American Journal of Managed Care® © 2021 Managed Care & Healthcare Communications, LLC Evolving Evidence-Based Treatment Guidelines for Iron Deficiency Anemia in Inflammatory Bowel Disease: Considerations in Managed Care Release date: July 15, 2021 Educational Objectives Expiration date: July 15, 2022 Upon completion of this activity, participants should be able to: • Examine the biologic pathways relevant to iron hemostasis in inflamma- Estimated time to complete activity: 2 hours tory bowel disease (IBD) as well as appropriate monitoring of iron status. Type of activity: Application • Compare iron replacement therapies, including risks and benefits, for the Medium: Print with internet-based posttest, evaluation, and request for treatment of patients with IBD and iron deficiency. credit • Explore the health-related quality of life and economic burden of iron Fee: Free deficiency anemia in relation to the evolving evidence-based treatment protocols for patients with IBD and iron deficiency to improve outcomes This activity is supported by an educational grant from American Regent. and efficiently allocate healthcare resources. Intended Audience Accreditation Statement Pharmacists and managed care professionals Pharmacy Times Continuing Education™ is accredited by the Accreditation Council for Pharmacy Education (ACPE) as a Activity Overview provider of continuing pharmacy education. This activity is Iron deficiency anemia (IDA) is closely linked to inflammatory bowel approved for 2.0 contact hours (0.20 CEU) under the ACPE universal disease (IBD).
    [Show full text]