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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: John Romeo who wrote (11281)8/17/1999 1:11:00 AM
From: Cacaito  Read Replies (1) | Respond to of 17367
 
This drug either show decrease mortality or bust.

Morbidity is the reason for the 90 days follow up period.

Lost of limbs (amputations)is one of the sequelae, and neurologic outcome (brain damage or not, severe or less) is the one to follow patient for longer period.

But forget morbidity, they have to show clear decrease in mortality.

FDA wants more detail? FDA always wants more detail, they are practically breathing inside this type of trials.

This looks like Cephalon/Myothrophin, or worse E5.



To: John Romeo who wrote (11281)8/17/1999 1:21:00 AM
From: aknahow  Read Replies (1) | Respond to of 17367
 
Just received this from another poster. Do not know if that person wants credit for finding it or not. Deals with your question. See the part about combining endpoints lowering the statistical power of each individual endpoint. I do not understand how or why but some other person may.

<<<<<<However, use of
combined morbidity and mortality observations as dual primary end points requires statistical
adjustments>>>>>>>>>


Monday, Aug 16 1999 11:40PM ET

OK. Point made: other companies reveal the data in summary form before filing. I'll stop with that for the
moment.

On to something new. Take a look at this site.
chestnet.org

It may be too late for us, or at least me if you've read the following before. It suggests another explanation for
Mr. Castello's reticence: maybe Xoma really hasn't finished figuring it all out yet.

<<Phase 3 Trials

In the case of severe sepsis in which 28-day mortality is typically 30 to 40%, mortality is a meaningful,
practical, and appropriate choice as a primary end point. The optimal time for measurement of mortality
reflects a balance in that early measurements may exclude sepsis- or
treatment-related deaths whereas late measurements may include nonsepsis-related deaths (those attributed to
preexisting conditions). Mortality at 28 days has been considered a reasonable choice
since mortality curves have an inflection point around 20 days and after 28 days, mortality rates are relatively
stable and largely reflect underlying disease.

In considering the use of survival curve analysis (ie, time to death) vs point (landmark) survival, a potential
confounding factor is that an intervention that decreases the risk of early (day 1 to 3) inflammatory deaths, but
increases later deaths, might result in a shift in survival curves with no beneficial effect on overall survival.
Changes in the proportion surviving at the end of the study are the most unambiguous measure of benefit.

Nonmortality measures (eg, organ function, time in ICU) are also clinically significant. However, use of
combined morbidity and mortality observations as dual primary end points requires statistical
adjustments that lower the power of the trial to detect benefits of either kind. Such outcomes should be
measured as secondary end points and may be of particular value in assessing overall drug utility
and in selecting candidate agents for combined therapy. For agents whose physiologic effects are well defined,
such as improvements of BP and oxygenation, measurements of these parameters alone might predict clinical
utility. However, most agents in development (eg, agents that interfere with the inflammatory response) have
the potential to cause harm via immunosuppression. Hence, laboratory indexes of the inflammatory state
(cytokine levels and other markers of inflammation)
should not be used as surrogate end points without extensive prior evaluation.

Mathematical and statistical modeling could be more widely applied to risk stratification at entry, defining more
homogeneous subgroups within sepsis populations, and measuring trends over time in the study. In
cooperative multisite studies, mathematical and statistical modeling is critical to assure consistency in
case-mix, overall observed-to-expected mortality rates of placebo and treatment
groups, and use of nonstandardized protocols regarding admission criteria to the ICU, antibiotic therapy, and
resuscitation.

Laboratory and clinical parameters to be included in risk prediction models should be ascertainable at the time
of entry so that randomization can be stratified. Techniques for model development
traditionally include multiple logistic regression and Bayesian logic. The specialized sepsis models described
above use logistic regression. For model performance, all use receiver operator characteristic curve for
discrimination and less standardized approaches to calibration. Because sepsis presents such complex clinical
scenarios, newer nonlinear approaches for dynamic modeling of physiologic processes, including neural
networks and chaos theory, are being pursued.

The general ICU severity models include the following: acute physiology and chronic health evaluation
(APACHE II/III), mortality probability model (MPM II), simplified acute physiology score model (SAPS II),
and organ system failure models. Organ system failure models are generally useful for detecting trends in
patients' progress, but have not been designed as probability models.
All of the general severity models were developed with a focus on the first 24 h after ICU admission. Since
patients may develop severe sepsis much later into the ICU course, or even after ICU discharge, these models
are often not applicable. The three general ICU models also do not show good calibration for the subgroup of
patients who have severe sepsis at, or shortly after, ICU admission.

Models better suited for severe sepsis are needed since the general ICU models are not well adapted for severe
sepsis trials owing to differences in (1) study duration, (2) lead time bias, and (3)
necessity of approximations. In response to this need, specialized models for severe sepsis were modified
from existing databases and include the following: APACHE III sepsis model, MPM II customized for sepsis,
SAPS II customized for sepsis, and Study to Understand Prognoses and Preferences for Outcomes and Risks
of Treatment (SUPPORT) model for patients with multiorgan failure and sepsis. Most of these models are not
externally validated (the APACHE III sepsis model is). They do provide a 28-day mortality estimate. For
patients admitted to ICU with severe sepsis, MPM II sepsis, SAPS II sepsis, APACHE III sepsis may be
useful predictors of outcome.

Mediator measurements have intrinsic appeal because they have the potential to reflect underlying events in a
biologically and immunologically meaningful fashion. Proposed roles for mediator
measurements in severity models include risk stratification at entry, defining more homogeneous groups
within sepsis categories, improving prediction of mortality in severity models, and targeting therapies to
specific patient populations. However, the validity of mediator measurements in peripheral blood has not been
established and reliance on blood determinations does not take into account the potentially greater importance
of tissue and organ levels. For use in prospective risk stratification, for targeted therapy, or as an entry
criterion, such a test would have to be rapid and highly reproducible. Furthermore, if mediator levels are to be
used as a guide to therapy, we need more complete information on temporal changes in these levels related to
the natural history and pathogenesis of sepsis, resolution of inflammation and injury, and the impact of
underlying disorders
on baseline levels. At present, information is lacking to ascribe qualifiers of "benefit" or "harm" to a particular
cytokine profile.

While current therapies for severe sepsis are focused on selective downregulation of immune responses,
emerging data suggest that many patients are already immunosuppressed or may become functionally
immunosuppressed due to compensatory downregulation of the inflammatory response. Thus, an alternative
strategy is to use agents that enhance or restore immune responses of severely infected patients. Several
approaches to enhance host inflammatory responses have been evaluated, including interferon-gamma,
PGG-glucan, and granulocyte colony-stimulating factor, and more work is needed in this area.

A shortcoming of existing models is that they focus on the actions of a single mediator and fail to account for
the redundancy and interdependence of inflammatory responses. Clinical experience and
the complexity of host defenses suggest that no single agent will result in more than a 15 to 20% improvement
in mortality in severe sepsis. Hence, the development of a multimodal approach directed at various steps has
theoretical appeal to correct abnormalities or imbalances in the host inflammatory response. However, there is
scant information at present to direct the timing, dose, duration, or the specific components of combination
therapies.>>



To: John Romeo who wrote (11281)8/17/1999 1:51:00 AM
From: opalapril  Respond to of 17367
 
<<Doesn't adding Morbidity lengthen the process?>>

Yes, it seems so to me although I would think the company's scientists have had ample time to do most of the calculations.

After giving all of this considerable thought I have decided to stay long in Xoma regardless of tomorrow's events. Here is the reality I choose to embrace at least until new facts surface to warrant reconsideration:

1. Castello said one thing of substance during the conference call: that preliminary analysis of the results showed consistent clinical benefit in both mortality and morbidity. Thus, whatever the results, they must show consistent positive benefit in mortality and morbidity. Neuprex works better than nothing. It is clinically beneficial to a significant degree.

I believe he could have and should have disclosed more specifics, including some general statement about statistical significance and perhaps total deaths. However, his refusal to do so is understandable even if his private analysis of the results is affirmative to a high degree of certainty. I must conclude, as he heavily hinted and others have suggested, that Castello is afraid of upstaging the FDA. Just a week or two ago, AMGN was severely embarrassed when it issued a press release predicitng FDA approval of some new compound based on FDA staff consultations. A day later, doubtless in the face of FDA pressure, it issued a second release backtracking and saying they didn't mean to imply the FDA decision had been made; indeed, approval still might be denied. The stock shook a little, winked, and then everyone went right on as before.

IMO, the times may be such that everyone who is dependent on FDA approval feels he must grovel before the FDA as if it were the Lord High Commissioner of the Realm. This may have something to do with the agency's thin skin over all the slings and arrows it has been catching in Congress and the press for its slow and expensive approval process, the scandalously low percentage of NDAs approved this year, and general bureaucratic waspishness. Rather than poke them in the eye, Castello groveled. Hell, so did AMGN.

2. Ellen Martin's gaffe with Bloomberg was just that -- a gaffe. A big one. It merely reaffirms my view that the best IR is a taciturn IR -- or one who lost her vocal chords in some horrible accident with a trombone and now must communciate with the outside world only in writing.

Whether the indiscretion was Martin's or Bloomberg's I do not know. I am guessing a little of both. The headline was unsupported by the text; the text offered little new of a factual variety except the revelation that the FDA had already seen something of the results and based on that was requiring a pre-filing meeting. In itself, this might be good news as easily as it could be bad. Remember, the FDA has had a heavy hand in this experiment from the beginning -- they suggested the population, the indications to go for, the trial design, etc. etc. This Neuprex baby is as much theirs as Xoma's, now.

3. The only other matter of substance in the report was Martin's expressed opinion that uncertainty about Neuprex approval had increased -- a really, really dumb thing for any IR to say publicly or privately in any circumstance. As one would expect, it has become a self-fulfilling prophecy. But was it intrinsically true when she uttered it? That is to say, did the FDA communicate something to Xoma about the results that casts a shadow over the possibility of Neuprex approval?

That would only be the case if Castello lied at the conference call by failing to disclose a material fact. I can't believe he would do that. I can't believe the windbag house-counsel sitting next to him would let him get by with it. It puts the whole company in too much jeopardy and stains the careers of both -- indelibly.

So I conclude Castello would not have covered up a material fact like that. And I will stay long.