Obesity drug from Zealand shows potential in early trial

An experimental weight loss shot developed by Denmark-based Zealand Pharma helped people with obesity lose as much as 9% of their body weight over four months, results the company said support further research on a medicine it hopes could compete with drugs from Novo Nordisk and Eli Lilly.

The shot, called petrelintide, is part of a class of drugs called amylin analogues that work differently than GLP-1 agonists like Novo’s Wegovy or Lilly’s Zepbound. They may also be useful in combination to spur greater weight loss. 

The data Zealand disclosed Thursday come from the second part of a Phase 1 trial meant to determine the best dose to advance into the larger studies that might support an approval application. This portion of the trial enrolled 48 people with a body mass index of 29 or higher, and randomized 36 to take one of three weekly doses of petrelintide. The other 12 received a placebo shot. 

Zealand only disclosed data from participants given the highest dose, who lost on average 8.6% of their body weight, and those on placebo, who lost an average of 1.7%. The company expects to release more data at an upcoming medical meeting. 

As much as one-third of people taking petrelintide experienced nausea, one of whom discontinued treatment because of moderate nausea and vomiting, the company said. Wegovy and Zepbound were associated with nausea in around 40% and 30%, respectively, of participants in clinical trials.

Zealand plans to advance petrelintide into Phase 2 testing later this year. That timeline puts it behind Lilly’s amylin-stimulating drug eloralintide, which is already in Phase 2 trials, and Novo Nordisk’s GLP-1 combination drug cagrisema, which is in Phase 3. Cagrisema combines the amylin analogue cagrilintide with semaglutide, the active ingridient in Wegovy and Ozempic. 

However, Zealand executives claimed petrelintide could be “best-in-class” based on the data they’ve seen so far.

In a note to investors, Cantor Fitzgerald analyst Prakhar Agrawal wrote that petrelintide outperformed cagrilintide in a similar trial. In Phase 2, the highest dose of the Novo drug stimulated weight loss of 6% versus placebo, where petrelintide had a 7% margin. The Novo drug was associated with more incidents of nausea.

The differences between the two drugs aren’t conclusive as they haven’t been directly compared in a trial.

Zealand has several opportunities in obesity treatment. Its GLP-1 and glucagon-stimulating drug survodutide, which it is developing with Boehringer Ingelheim, is in a Phase 3 trial. A second GLP-1 drug called dapaglutide is in Phase 2.

Jazz drug for tremor fails study; Radiopharma drug developer ITM swaps CEOs

Today, a brief rundown of news from Jazz Pharma, Vanda Pharmaceuticals, ITM, Ashibio and Novartis that you might have missed from earlier in the week.

An experimental medicine that Jazz Pharmaceuticals picked up in 2019 has failed a mid-stage study testing it against essential tremor. Researchers evaluated three doses of the medicine in 420 participants. They found the highest dose didn’t meet the study’s main or secondary goals, though there were “numeric improvements” that hinted at some benefit. According to Jazz’s research and development head, the company will wait for results from a separate trial focused on Parkinson’s disease tremor before making a decision on next steps for the program. Those data are expected to come early next year. — Jacob Bell

Vanda Pharmaceuticals‘ board of directors on Thursday rejected two offers to acquire the company, determining that unsolicited bids from Cycle Group Holdings and Future Pak “substantially undervalue” the company. Cycle Group Holdings had proposed to acquire Vanda for $8.00 per share, while Future made a revised bid to buy the company for $8.50 to $9.00 per share in cash plus certain contingent value rights. Vanda shares have risen by 34% this year and now trade around $6 apiece. — Delilah Alvarado

Steffen Schuster, CEO of radiopharmaceutical drug developer ITM, will step down from his position Sept. 1 and move over to the company’s supervisory board. He will be replaced by Andrew Cavey, who most recently was at Bristol Myers Squibb as an executive overseeing cancer cell therapy. Prior to Bristol Myers, Cavey was at Novartis, where he co-led the company’s radiopharmaceutical strategy in prostate cancer. ITM recently raised $205 million. — Ned Pagliarulo

Ashibio emerged from stealth Thursday with $40 million in seed and Series A financing, the latter of which was led by MPM BioImpact. The funding will help the biotechnology company advance a new therapy for the rare genetic disorder fibrodysplasia ossificans progressiva, which gradually causes muscles and tendons to ossify into bone. Ashibio licensed from Gilead Sciences an antibody called andecaliximab that targets the MMP-9 gene, mutations in which appeared protective in a notable case study. The company plans to initiate a Phase 2/3 trial in the second half of 2024. — Delilah Alvarado

Novartis intends to “squeeze out” the remaining minority shareholders of Morphosys who have not tendered their shares to the former company’s acquisition of the German biotechnology firm. Novartis currently holds 91.04% of Morphosys’ total share capital and plans to transfer the remainder to itself for cash compensation. Novartis and Morphosys are also moving to delist the biotech’s stock from the Frankfurt and Nasdaq stock exchanges. — Ned Pagliarulo

Duchenne approval exposes FDA rift over Sarepta gene therapy

Peter Marks is again at the center of a controversial Food and Drug Administration decision on a gene therapy for Duchenne muscular dystrophy. Twice now, the high-ranking FDA leader has pushed aside objections from agency reviewers to grant an approval to Sarepta Therapeutics’ treatment for the muscle-wasting condition.

On Thursday, the FDA substantially broadened use of that treatment, called Elevidys. The decision makes Elevidys available to approximately 80% of people in the U.S. with Duchenne, which has limited treatment options and no cure. The agency also converted Elevidys’ accelerated approval to full, securing its place on the market. Previously, Elevidys was only approved for a specific group of boys 4 or 5 years of age.

“Families facing Duchenne have an urgent need for treatments that will delay the progression of the disease and this represents a significant treatment option for many boys and young men with Duchenne,” said Debra Miller, CEO of the patient advocacy group CureDuchenne, in an emailed statement.

But documents published by the FDA expose a rift within the agency over Elevidys. Three FDA review teams and two top officials recommended Sarepta’s application be rejected due to insufficient and conflicting clinical data. They were overruled by Marks, head of the FDA center that reviews gene therapies, who found the results supportive enough to broaden Elevidys’ label. It’s now cleared for Duchenne patients over the age of 4 with mutations to a specific gene, regardless of whether they can still walk.

“I come to a different conclusion regarding the overall interpretation of the data,” Marks wrote in a memo.

Marks has been a pivotal voice in the review of Elevidys. Before the regulator cleared it last year, he pushed the FDA to schedule an advisory meeting after learning agency scientists leaned towards rejecting the treatment outright, according to reporting by Stat. He then later overruled FDA reviewers in granting an accelerated approval.

Marks made those decisions while on a public campaign to communicate the agency’s flexibility in evaluating gene therapies for deadly diseases like Duchenne. Marks recently spoke at multiple meetings held by patient advocacy groups, noting how the FDA’s thinking has changed to become more patient focused. The regulator aims to speed development of rare disease gene therapies, he said, and views accelerated approvals as a valuable tool to accomplish that goal.

Even so, FDA reviewers once again wanted to reject Sarepta’s application. Elevidys has twice missed the main goals of placebo-controlled trials, failing to meaningfully improve motor function compared to a placebo after one year. Agency staff remain skeptical of the connection between the muscle-protecting, “microdystrophin” protein Elevidys produces and treatment benefit, documents show. They additionally found Sarepta’s main supportive evidence — a series of apparent benefits across secondary measures like how quickly a person can stand up — inconclusive.

Lola Fashoyin-Aje, director of clinical evaluation within the FDA’s gene therapy office, described those findings in another memo as “exploratory,” “possibly due to chance” and argued they should only be considered “hypothesis generating.”

“In some cases, the results of these analyses have yielded conflicting results, further illustrating the unreliability of exploratory analyses to support regulatory decision-making,” Fashoyin-Aje wrote. She added that, if an association between microdystrophin expression and improvement in physical function exists, “the data provided to date do not demonstrate it.”

Fashoyin-Aje made her case in support of the FDA’s clinical, clinical pharmacology and statistical review teams, which all determined that the evidence Sarepta generated doesn’t prove Elevidys effective or support broadening its use.

Notably, they rejected Sarepta’s arguments that Elevidys’ benefits on secondary measures in its main trial make up for the fact its primary outcome was negative. Because that primary statistical test failed, the secondary findings are “misleading” and “cannot guide any stakeholders — including patients, family members and caregivers, and prescribers — in making informed decisions” about Elevidys’ potential benefits, wrote clinical reviewers Mike Singer and Xiaofei Wang.

“We cannot reliably distinguish if these results are due to actual effects of Elevidys, or to chance alone,” they wrote.

Sarepta Duchenne gene therapy wins broader use from FDA

The Food and Drug Administration has substantially loosened limits on the first gene therapy for Duchenne muscular dystrophy in a decision that could greatly expand its use even as questions remain about its effectiveness.

The agency on Thursday made the therapy, called Elevidys and sold by biotechnology company Sarepta Therapeutics, available to people with Duchenne who are at least four years of age and have mutations in a specific gene, regardless of whether they can still walk.

For those who are still ambulatory the agency also converted Elevidys’ conditional approval to full, meaning its market availability in that setting is no longer contingent on additional tests. The clearance for Duchenne patients who are non-ambulatory is conditioned on the results of a Phase 3 study called Envision that’s currently underway.

“Today’s approval broadens the spectrum of patients with Duchenne muscular dystrophy eligible for this therapy, helping to address the ongoing, urgent treatment need for patients with this devastating and life-threatening disease,” said Peter Marks, head of the FDA’s Center for Biologics Evaluation and Research, in a statement.

Marks was a pivotal voice in Thursday’s decision. Documents published by the FDA show he overruled agency reviewers as well as high-ranking officials within his center who had advocated for a rejection of Sarepta’s application. Their skepticism stemmed from negative data Sarepta reported from testing of Elevidys, and their uncertainty that the treatment’s principal biological effect actually would translate to benefits.

In a memo, Marks wrote that he came to a “different conclusion” than his staff on interpretation of Sarepta’s data, and found the balance between risk and benefit to be favorable for Elevidys.

The FDA last June approved Elevidys only for certain boys between 4 and 5 years of age, a group Sarepta estimates to total about 400 in the U.S. each year. The new approval covers about 80% of Duchenne patients, a company spokesperson said.

That expansion could accelerate sales, which have totaled a cumulative $334 million, but recently have appeared to flatten. With a $3.2 million list price, Elevidys is one of the world’s most expensive medicines.

Duchenne is a progressive and fatal muscle-wasting condition that primarily affects boys. People with the disease gradually lose their ability to walk, typically during their teenage years, and can die from heart or lung complications in their 30s.

There is no cure. The steroids many people rely on to slow Duchenne come with side effects like weight gain and hormonal changes. So-called exon-skipping drugs, including three from Sarepta, are thought to only modestly alter the disease’s progression. The FDA also recently cleared a non-steroidal pill that can delay muscle loss and curb inflammation.

Patient advocates and drug developers have hoped gene therapy can do better, such as by halting or even reversing Duchenne’s inexorable assault on muscle function. Decades of research led to the development of several therapies, including Elevidys, that help the body produce a miniature form of the protein, dystrophin, that is lacking in people with Duchenne.

In testing, Sarepta’s therapy produced levels of that protein, called “microdystrophin,” well beyond what experts think could be beneficial. Advocates and researchers have also pointed to the favorable results some study participants have had on functional tests compared to historical data, arguing those findings prove the therapy works.

“What we’re seeing is stabilization of a disease that we’ve never been able to stabilize before,” said John Brandsema, a pediatric neurologist at the Children’s Hospital of Philadelphia, in an interview last year. “That is a tremendous achievement.”

But Elevidys hasn’t succeeded in a placebo-controlled trial, the gold standard for clinical research. In a Phase 2 study completed before it won approval, the therapy didn’t lead to a meaningful difference, versus a placebo, on a standard measure of motor function after one year.

FDA lifts hold on PTC Huntington’s disease trial

Dive Brief:

  • PTC Therapeutics said Thursday it can resume a Phase 2 trial of its Huntington’s disease drug in the U.S., following the Food and Drug Administration’s review of data showing the pill reduced a mutant protein linked to the disorder.
  • The drug, called PTC518, suppressed levels of huntingtin protein in both the blood and the cerebrospinal fluid by 43% in patients who took a once-daily 10 milligram dose over 12 months, PTC said. The company had previously disclosed data showing that dose reduced blood levels by around 30% through 12 weeks.
  • Wall Street analysts said the data met company expectations for reducing mutant huntingtin levels by around 30% to 50% and should support advancing PTC518 into Phase 3 trials. PTC is competing with gene therapy company UniQure to gain approval of a drug to slow the progress of Huntington’s disease, which causes muscular problems, dementia and early death.

Dive Insight:

Resumption of U.S. clinical work with PTC518 could help PTC keep pace with UniQure, which bet its future on a Huntington’s disease gene therapy by selling off rights and a royalty stream to its hemophilia gene therapy Hemgenix. But the outlook for UniQure’s gene therapy isn’t straightforward, as patients who received its one-time therapy saw their mutant huntingtin levels rebound two years after receiving it.

PTC’s data is less mature than UniQure’s, but Wall Street analysts viewed the update as encouraging. In addition to the 10 milligram dose, the company also tested a 5 milligram dose. Study participants given that dose saw a reduction of mutant huntingtin by 22% in the blood and 21% in the cerebrospinal fluid, the latter of which is an indicator of a direct effect in the brain.

Patients receiving the pill also experienced slightly slower decline, as measured by a scale that assesses motor function. People who got the 10 milligram dose declined by 1.3 points on the scale, while those on the 5 milligram dose declined by 2 points. By comparison, patients given a placebo in the trial declined by almost 5 points. That compares with a 1-point improvement for people who got the UniQure gene therapy, analysts wrote.

However, PTC518 didn’t appear to have any impact on a blood marker that is indicative of nerve damage, which could prompt closer examination by analysts and regulators. Had the data on that marker, called neurofilament light protein, been better, the data might have been a “home run,” Cantor Fitzgerald analyst Kristen Kluska wrote in a note to clients.

Perhaps most importantly for the FDA, PTC reported no dose-limiting toxicities in the study. Adverse events were similar across treatment and placebo groups, the company said. 

Shares in PTC, which have risen this year on the news that the European Union won’t yet pull its muscular dystrophy drug Translarna, fell 5% in morning trading.

Intra-Cellular depression drug succeeds in second late-stage study

Dive Brief:

  • Intra-Cellular Therapies plans to seek clearance to sell its medicine Caplyta for patients with depression after a second-late stage study of the drug succeeded. 
  • Caplyta, also known as lumateperone, is currently approved for patients suffering from schizophrenia and depressive episodes associated with bipolar disorder. Intra-Cellular now wants to add major depressive disorder to the list.
  • The latest study followed 480 patients already medicated to treat depression. Patients who randomly received Caplyta as an add-on to existing therapy showed a significantly better response on scales that measure depression symptoms compared with participants who received a placebo, Intra-Cellular said Tuesday.

Dive Insight:

The results could open up a huge potential market for Intra-Cellular. Major depressive disorder affects about 21 million people in the U.S. each year, and first-line treatments fail to completely address the condition for about two-thirds of patients, according to the company.

If approved for major depressive disorder, Caplyta’s sales could top $3 billion a year, analysts said. RBC Capital Markets estimates the indication could add as much as $1.7 billion. Caplyta’s launch for schizophrenia and bipolar depression has already been impressive, with sales on track to reach an annual peak of $2 billion, Jefferies analyst Andrew Tsai said in a note to clients.

Efficacy results from the latest study, 502, look very similar to the “outstanding” data from the first trial, known as 501, RBC analyst Brian Abrahams wrote in a note to clients. Safety and tolerability were also consistent with previous research. Given all that, the second study “clears a straightforward path for approval” of Caplyta in depression, Abrahams said.

Intra-Cellular said it intends to submit an application to the Food and Drug Administration in the second half of this year to include adjunctive treatment of major depressive disorder in Caplyta’s label. That would set up a potential approval for the new use in 2025.

Intra-Cellular’s success comes at a time when the pharmaceutical industry is paying more attention to psychiatry drugs after years of neglect. Late last year, Bristol Myers Squibb agreed to buy Karuna Therapeutics for $14 billion to gain an experimental schizophrenia drug with blockbuster potential. AbbVie acquired Cerevel Therapeutics in a multibillion-dollar deal as well. 

Merck wins FDA OK for vaccine rival to Pfizer’s pneumococcal shot

Dive Brief:

  • The Food and Drug Administration on Monday approved a new vaccine from Merck & Co. that protects against 21 types of the bacteria that causes pneumococcal disease.
  • The vaccine, cleared for use in adults 18 and older, will be sold by Merck as Capvaxive. Pneumococcal disease can lead to severe infection in the lungs or sometimes in the blood and spinal cord, when it is known as meningitis. Adults older than 65 or who have compromised immune systems are at particular risk for the disease.
  • Merck expects to make the vaccine available as soon as late July, depending on the recommendations provided by advisers to the Centers for Disease Control and Prevention, who are scheduled to meet later this month.

Dive Insight:

Merck currently sells two pneumococcal vaccines. One, dubbed Pneumovax 23, is for adults at least 50 years of age and children older than two who are increased risk of infection. The other, Vaxneuvance, is for those aged six weeks and older.

But it’s Pfizer’s Prevnar shots that have dominanted the market. The company’s Prevnar 20 gained approval in 2021 for adults 18 years or older and is now also cleared for infants and teenagers. The vaccine protects against 20 serotypes, while Merck’s Vaxneuvance covers 15.

Capvaxive could have an edge there, as it targets 21 serotypes, including eight not covered by other shots.

“[Capvaxive] will be the first approved pneumococcal conjugate vaccine specifically designed to help protect against the serotypes that cause the majority of invasive pneumococcal disease in adults,” wrote Paula Annunziato, vice president of vaccine clinical development at Merck, in an email to BioPharma Dive. “It covers the serotypes responsible for ~84% of cases of [invasive pneumococcal disease] in adults 50 years and older.”

The comparator number for Prevnar 20 is 52%, per Merck. And according to the company, the eight unique serotypes covered by Capvaxive alone account for more than one-quarter of invasive pneumococcal disease cases in adults 50 years and older.

In a note to clients, Cantor Fitzgerald analyst Louise Chen said a preferential recommendation from the Advisory Committee on Immunization Practices, or ACIP, would help boost sales of Merck’s vaccine. The advisory committee is set to meet on June 27.

Merck set the price of Capvaxive at $287 per the single dose used for immunization. In a statement, Merck said most people in the U.S. would have access at no out-of-pocket cost if the CDC panel gives a routine recommendation to Capvaxive.

Syncona melds two gene therapy biotechs for better shot at new nervous system treatments

Two gene therapy developers backed by Syncona, an investment firm focused on life sciences, are combining to create a new company that will take aim at central nervous system diseases.

Through a deal announced Monday, Freeline Therapeutics is acquiring SwanBio Therapeutics and rebranding the merged entity as Spur Therapeutics. Syncona is providing an additional $50 million to support the new company’s gene therapy research.

Spur is starting with two programs already in human testing. The first, from Freeline, targets Gaucher disease, a metabolic disorder that can sometimes affect the brain. It’s set to enter late-stage development next year. The second, from SwanBio, is currently in a small study of people with an inherited condition that damages nerve cells in the spinal cord and is known as AMN.

Both of those programs target rare conditions. But a key goal for Spur, according to a statement, is to “unlock the promise of gene therapy for more prevalent chronic conditions.” There, the company hopes to develop treatments for Parkinson’s disease and certain cardiovascular illnesses.

“At Spur Therapeutics, our mission is to redefine what gene therapy can do,” company CEO Michael Parini said.

For Syncona, the founding shareholder in both Freeline and SwanBio, that goal is more attainable through the combination of the two companies.

For instance, SwanBio has “capabilities” in CNS disorders that can be leveraged not only against AMN, but for Parkinson’s as well. Spur says it has a Parkinson’s program directed at a subset of patients with mutations in a gene named GBA1 gene — the same gene linked to Gaucher disease. The company expects to select a candidate to progress into preclinical studies sometime this year.

As for its ambitions in the heart, Spur’s initial focus will be on a “severe” subset of patients with chronic heart failure.

“We see great promise across Spur’s broadened pipeline,” said Chris Hollowood, chairman of the company’s board of directors and CEO of Syncona Investment Management Limited. Hollowood will be joined on the board by Syncona Executive Partner and former SwanBio Executive Chair John Tsai, who was previously chief medical officer at Novartis.

The tactic is one that Syncona has used before. Last year, the investment firm took executives and assets from three of its portfolio companies and pieced them together to establish Beacon Therapeutics, a startup dedicated to genetic medicines for eye diseases.

Combining companies may also make sense financially, given how the prolonged downturn in the biotechnology market proved challenging for small genetic medicine developers. The past year alone has seen Graphite Bio, Homology Medicines and Avrobio all agree to reverse mergers.

Takeda drug for rare types of epilepsy misses goal in late-stage trial

Dive Brief:

  • An experimental pill developed by Takeda to treat the rare epilepsies Dravet and Lennox-Gastaut syndromes missed the main goals of two Phase 3 trials, failing to reduce the frequency of seizures after four months of treatment, the company said Monday.
  • Takeda said the drug, called soticlestat, helped on some secondary effectiveness measures in Dravet syndrome, and in both disorders some groups of patients fared better than others. The Japan-based drugmaker plans on discussing data from the trials with the Food and Drug Administration and other regulators to determine if there is a path forward for the therapy.
  • The data were also negative for neuroscience-focused biotech Ovid Therapeutics, which conducted early- and mid-stage development on soticlestat in partnership with Takeda. Shares in the New York-based company fell by more than two-thirds in Monday morning trading as the company could potentially miss out on hundreds of millions of dollars of milestone payments.

Dive Insight:

Soticlestat looked promising in mid-stage studies, helping to significantly reduce seizures in Dravet syndrome and showing signs it could help in Lennox-Gastaut. The data were enough to persuade Takeda to take full rights to the drug — discovered in its own laboratories — back from Ovid for $200 million upfront and as much as $856 million more in milestone payouts.

Many of those milestones now look in doubt. In its own announcement of the news, Ovid said it had used the upfront payment to build a “differentiated pipeline with novel programs,” and had sufficient cash to continue operations through early 2026.

“Our R&D and financial strategy is independent of soticlestat’s outcome,” said Jeremy Levin, Ovid’s CEO, in a statement.

The company had $90.3 million in cash, equivalents and marketable securities as of March 31. With Monday’s share losses, the company’s market capitalization fell to about $75 million.

Takeda, meanwhile, is in the midst of a restructuring that aims to improve its core operating profit by 1.5% to 2% a year, following a steep decline in earnings. Among other initiatives, company has cut 18 early and mid-stage drugs from its pipeline.

Soticlestat was the only Phase 3 neuroscience drug in Takeda’s pipeline, but it appears the company retains interest in the sector. It still lists five Phase 2 drugs and one in a Phase 1 trial.

Dravet syndrome patients have seen an increased number of specialized drug treatments in recent years, with the FDA approval of the cannabinoid drug Epidiolex and another product called Diacomit in 2018, and a version of the weight loss drug fenfluramine, called Fintepla, in 2020. Both Epidiolex and Fintepla are also approved for Lennox-Gastaut syndrome.

Pfizer setback brings questions for Duchenne gene therapy ahead of Sarepta decision

The failure of a Pfizer medicine for Duchenne muscular dystrophy adds new uncertainty around the effectiveness of gene therapy for the muscle-wasting condition, days before the Food and Drug Administration is expected to decide on expanding use of a similar treatment from Sarepta Therapeutics.

On Wednesday, Pfizer said the treatment missed its mark in a definitive Phase 3 study of boys between 4 and 7 years of age with Duchenne. Pfizer didn’t disclose specifics, but said the therapy didn’t lead to a significant difference versus placebo on a measure of motor function, or on key secondary measures such as timed tests for how quickly study participants could stand or walk. The results will be presented at future medical and patient advocacy meetings.

The study’s failure makes it much less likely there will soon be a second gene therapy option for people with Duchenne, a progressive and deadly condition with no cure and limited treatment options. Pfizer had previously expected to file for a regulatory approval of its medicine if study results were positive. Now the company says it is “evaluating appropriate next steps” for the program. Multiple Wall Street analysts expect Pfizer to discontinue research.

The results are “a discouraging blow to our community, particularly devastating to those who participated in the study,” said Parent Project Muscular Dystrophy, a patient advocacy group, in a statement.

The setback also has important implications for Sarepta, whose therapy, Elevidys, is the only approved gene therapy for the disease. The Food and Drug Administration is currently reviewing whether to broaden use of Elevidys. A decision is expected by June 21.

The FDA last year granted an accelerated approval to Elevidys, a milestone clearance built on decades of scientific research into how to correct the genetic errors that cause Duchenne. Yet that approval was narrower than Sarepta had hoped, a reflection of mixed study results that led some FDA scientists to question Elevidys’ effectiveness. The therapy was only approved after Peter Marks, the head of the FDA office that reviews gene therapies, overruled other agency reviewers.

Pfizer and Sarepta’s treatments deliver into the body instructions to make a tiny version of a muscle-protecting protein that people with Duchenne lack. Researchers engineered this so-called microdystrophin because it’s small enough to pack into the benign viruses used to deliver gene therapies. It is designed to imitate a form of the protein found in people with a milder type of muscular dystrophy.

The FDA has established dystrophin production as a biological marker likely to predict a benefit in Duchenne patients, and has used it to approve multiple therapies in the last decade. Developers and researchers similarly believe microdystrophin can be helpful, and that the substantial levels gene therapies produce can halt or even reverse Duchenne’s course.

But evidence in testing of Sarepta and Pfizer’s therapies hasn’t shown that, leading to uncertainty about the connection between protein production and functional benefits. Sarepta’s treatment missed the main goal of two placebo-controlled trials, one of which was meant to provide confirmatory evidence for Elevidys’ approval. A dystrophin-boosting medicine from Japanese drug developer Nippon Shinyaku also recently failed a trial that was supposed to validate earlier results. Now Pfizer’s therapy has fallen short, too.

The findings “could perpetuate some questions about correlation between micro/mini-dystrophin expression and functional improvements, which could be important for the FDA’s comfort around accelerated approval for Elevidys in broader populations, ” wrote RBC Capital Markets analyst Brian Abrahams in a note to clients.

“Having a second gene therapy with a relatively similar approach show efficacy could have helped reassure that Elevidys’s effects are real [or] replicable,” Abrahams added.

Baird analyst Brian Skorney noted how skeptics believe the stumbles for dystrophin and microdystrophin-producing drugs “should lead to the agency rethinking the suitability” of the proteins as predictive markers.