Regeneron confirms FDA won’t approve myeloma drug over manufacturing issues The company expects a reinspection in the ‘coming months’ for a facility run by third-party manufacturer. After warning investors earlier this month of a possible delay, Regeneron Pharmaceuticals on Tuesday confirmed that U.S. regulators will not approve its experimental multiple myeloma drug at this time. The Food and Drug Administration previously identified flaws at a third-party fill/finish manufacturing facility. And while the manufacturer believes the issues have been resolved, a new inspection must take place before Regeneron can win approval of its medicine. The inspection is likely to happen in “coming months,” the company said. Regeneron emphasized the manufacturing issue was the only one related to approvability of its drug, called linvoseltamab. Executives told investors during an Aug. 1 conference call that they have not been informed by the FDA of any safety or efficacy concerns. While not unexpected, the FDA’s complete response letter represents a delay for Regeneron, which is vying to enter an already competitive market for a type of cancer treatment known as a bispecific antibody. Johnson & Johnson won FDA approval to sell its option, Tecvayli, for multiple myeloma in October 2022. And Pfizer in August 2023 got clearance to enter the market with a treatment called Elrexfio. The drugs work by targeting both diseased cells and the T cells that spur an immune response. Regeneron is hoping to distinguish linvoseltamab from already approved medicines by showcasing an administration schedule that requires less time in the hospital. And while it’s difficult to compare clinical trials run by different companies, Regeneron may have a slightly stronger data set to show doctors, according to a company presentation. https://lnkd.in/e9icn4Nu
Thanks for sharing this update. It’s unfortunate to hear about the delay in FDA approval for Regeneron's myeloma drug due to manufacturing issues. The focus on resolving these issues is crucial, and I hope the reinspection brings a positive outcome. Regeneron’s approach to differentiating linvoseltamab with a less time-consuming administration schedule could indeed provide a significant advantage in the competitive bispecific antibody market. Looking forward to seeing how this situation develops.
BioPharma Operations SME at Exyte
6moThat's the funny thing about FDA pre licensure inspections, you don't flunk them, they just reschedule another inspection. Best you get it right the first time otherwise the delays can be significant.