Daily Newsletter

26 September 2023

Daily Newsletter

26 September 2023

New Alzheimer’s disease medication approved in Japan

Eisai and BioArctic’s Leqembi is the only approved treatment that slows cognitive and functional decline in adults with Alzheimer’s.

Jenna Philpott September 25 2023

Eisai and BioArctic have received approval for the Alzheimer’s disease drug Leqembi (lecanemab-irmb) in Japan, making it the second country to gain access to the treatment.

Leqembi is a monoclonal antibody that targets and reduces insoluble amyloid-beta (Aβ) forms in the brain. It is the first and only approved treatment that has demonstrated a reduction in the rate of disease progression in patients with Alzheimer’s.

The Japanese approval unlocked a milestone-based payment of EUR 17m ($18m) to BioArctic.

The approval is based on Phase III data from the Clarity AD trial (NCT03887455) led by Eisai that showed that treatment with Leqembi reduced clinical decline in patients by 27% at 18 months compared to the placebo.

The prescribing information for Leqembi includes a warning for amyloid-related imaging abnormalities (ARIAs), a concern for Alzheimer’s patients taking certain medication. Last week, BrainScope announced an investment from the Alzheimer’s Drug Discovery Foundation (ADDF) to pursue the development of a biomarker that could detect ARIAs in to reduce the number of magnetic resonance imaging (MRI) scans required for patients who suffered a concussion.

Leqembi was awarded a full traditional approval in the US in July 2023.

Co-founder of BioArctic and inventor of Leqembi Professor Lars Lannfelt said, in a statement to Pharmaceutical Technology, “The approval of Leqembi, first in the USA and now in Japan, is a paradigm-shifting step in the fight against Alzheimer’s disease.”

According to GlobalData, the AD market in Japan will be worth $957.7M in 2030, with Leqembi being the highest selling drug, generating $204.3 million in sales.

GlobalData is the parent company of Pharmaceutical Technology.

M&A in the Contract Manufacturing Industry

Despite challenging business conditions in 2021 and 2022, large CMOs were still involved in acquisitions to enhance their capabilities or scale of production. Catalent and Recipharm were particularly active in acquiring companies during this period, and these acquisitions had a focus on advanced biologic capabilities related to cell and gene therapies. CMOs are increasingly targeting companies with sophisticated (biologic and specialized) capabilities to manufacture modern drugs and seek high-value contracts.

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