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Author: News Desk

Braeburn Launches Brave Action

Posted on April 12, 2018April 12, 2018 by News Desk

New Resource For Dedicated Healthcare Professionals Treating Opioid Use Disorder

Princeton, N.J.—April 12, 2018 — Braeburn, as part of its overall efforts to improve the lives of patients with Opioid Use Disorder (OUD), announced today the launch of Brave Action, a new disease-focused resource to support the many healthcare providers on the front lines of the U.S. opioid addiction epidemic. Brave Action aims to increase the understanding of the multi-faceted nature of OUD and provide timely access to emerging information and resources to help healthcare providers (HCPs) stay up-to-date. This initiative employs numerous elements including the launch of www.BraveAction.com, a dedicated website that will provide HCPs the latest studies, reports, recommendations and other information in easy-to-digest formats.

“By providing a go-to resource with the latest information about OUD, Brave Action is intended to spark a collaborative partnership among key stakeholders to better understand and tackle the leading healthcare crisis of our time,” said Mike Derkacz, President and CEO of Braeburn. “It’s critical that we all work together to advance the care of these patients and continue to dispel myths and remove stigmas associated with this chronic brain disease.”

Further information about this initiative will be made available at the Brave Action booth during the American Society of Addition Medicine (ASAM) Annual Conference this week in San Diego. Information may also be accessed anytime at www.BraveAction.com.

About Braeburn Pharmaceuticals

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

 

For additional information, please contact:

 

Media Relations:

Colleen Saltmer: csaltmer@braeburnpharma.com

 

Investor Relations:

Chris Taylor: ctaylor@braeburnpharma.com

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Braeburn Receives Complete Response Letter for CAM2038 Injectable Buprenorphine Depot

Posted on January 21, 2018April 11, 2018 by News Desk

Princeton, N.J.—January 21, 2018 — Braeburn Pharmaceuticals, Inc. (Braeburn) today announced that it has received a complete response letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding the new drug application (NDA) for CAM2038, an investigational buprenorphine weekly and monthly depot injection for the treatment of adults with opioid use disorder (OUD). The FDA has requested additional information in order to progress the application forward.  There is no need for additional clinical studies and the Agency’s requests will be addressed in a timely manner.

“Braeburn will continue to work closely with the FDA with the goal of bringing CAM2038 to market as quickly as possible,” said Mike Derkacz, President and CEO of Braeburn. “Opioid addiction is one of the worst public health crises in our nation’s history. We are committed to introducing this innovative treatment to better meet the overwhelming needs of patients.”

 

CAM2038 was previously granted Fast Track and Priority Review designations by the FDA. If approved, CAM2038 would be the first and only injectable for OUD that can be administered by healthcare professionals from Day 1 of a patient’s OUD treatment.

 

In 2016, roughly 11.6 million adults misused opioids in the U.S. yet only 1.1 million received medication assisted therapy (MAT), according to the Substance Abuse and Mental Health Services Administration (SAMHSA). Opioid overdose is now the leading cause of death among people under the age of 50 in the U.S.. FDA Commissioner Scott Gottlieb has referred to medication-assisted therapy as “one of the major pillars of the federal response to the opioid epidemic in this country.”

 

About CAM2038

 

CAM2038 is an investigational buprenorphine weekly and monthly depot subcutaneous injection for the treatment of opioid use disorder, as a part of a comprehensive treatment plan to include counseling and psychosocial support. The product is designed for flexible and individualized treatment from initiation and stabilization to longer-term maintenance therapy, providing sustained buprenorphine release in once weekly and once monthly formulations. Administration by healthcare professionals ensures delivery and medication adherence, while potentially minimizing risks of diversion, misuse, and accidental pediatric exposure. CAM2038 has been successfully evaluated in seven Phase 1-3 clinical trials, including a pivotal Phase 3 efficacy and a long-term safety study. The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

 

CAM2038 is presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional. If approved, CAM2038 will be offered in dosage strengths for once weekly (8 mg to 32 mg) and once monthly (64 mg to 160 mg) subcutaneous injections.

 

About Braeburn Pharmaceuticals

 

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

 

 

For additional information, please contact:

 

Media Relations:

Nancy Leone: nleone@braeburnpharma.com

 

Investor Relations:

Chris Taylor: ctaylor@braeburnpharma.com

Posted in CAM2038, FDA, NewsTagged buprenorphine, CAM2038, OUDLeave a Comment on Braeburn Receives Complete Response Letter for CAM2038 Injectable Buprenorphine Depot

Braeburn Announces Completion of $110 Million Financing

Posted on January 11, 2018January 19, 2018 by News Desk

Proceeds to finance investigational buprenorphine weekly and monthly depot injection for the treatment of adults with opioid use disorder (OUD)

Addiction treatment innovator builds investor syndicate that includes leading healthcare and mutual fund investors to help advance commercialization of CAM2038

Princeton, N.J.— January 10, 2018 — Braeburn Pharmaceuticals, Inc. (Braeburn) today announced that the Company has completed a $110 million mezzanine round of financing led by Wellington Management Company.  Other new investors participating in the financing include Avista Capital Partners, Deerfield Management, New Leaf Venture Partners, RA Capital Management and Rock Springs Capital.  Apple Tree Partners, the sole investor in Braeburn to date, also participated.  Braeburn will use the proceeds to continue to advance the FDA approval process, and commercialize CAM2038, an investigational buprenorphine weekly and monthly depot injection for the treatment of adults with OUD.

“We are extremely pleased that this group of leading healthcare investors recognizes the potential of CAM2038, once approved, for which the FDA has granted priority review,” said Mike Derkacz, President and CEO of Braeburn.  “With opioid overdose now the leading cause of death among Americans under the age of 50, at Braeburn we are committed to playing our part by advancing new weekly and monthly medication-assisted treatments (MAT) to help support the recovery of people and their families devastated by opioid use disorder.”

In 2016, roughly 11.6 million adults misused opioids in the U.S. yet only 1.1 million received MAT, according to the Substance Abuse and Mental Health Services Administration. According to the chair of the American Medical Association’s Opioid Task Force, only 20 percent of those who need treatment are receiving it.

“Consistent with FDA Commissioner Gottlieb’s recent statement encouraging wider, appropriate use of MAT for opioid addiction treatment, this financing further supports our efforts to expand treatment options by advancing CAM2038,” said Derkacz.

In conjunction with the closing of the financing, Brian A. Markison will join the company’s Board of Directors, together with an additional nomination to be confirmed shortly.  Mr. Markison is Chief Executive Officer and Chairman of Osmotica Holdings, S.C.Sp. and an Avista Operating Executive.  He is a seasoned executive with more than 30 years of operational, marketing, and commercial experience with international pharmaceutical companies.

On November 1, 2017, the FDA’s Psychopharmacologic Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee jointly voted 17-3 recommending approval of CAM2038 for the treatment of adults with OUD.  The Advisory Committee’s recommendation was based on a review of results from a clinical trial program that included seven Phase 1-3 clinical trials in patients with OUD, including a pivotal Phase 3 efficacy and a long-term safety study. CAM2038 was accepted under Priority Review designation by the FDA in September 2017 and previously granted Fast Track designation. The FDA has set a Prescription Drug User Fee Act (PDUFA) target date of January 19, 2018.

About CAM2038

CAM2038 is an investigational buprenorphine weekly and monthly depot subcutaneous injection for the treatment of opioid use disorder, as a part of a comprehensive treatment plan to include counseling and psychosocial support. The product is designed for flexible and individualized treatment from initiation and stabilization to longer-term maintenance therapy, providing sustained buprenorphine release in once weekly and once monthly formulations. Administration by healthcare professionals ensures delivery and medication adherence, while potentially minimizing risks of diversion, misuse, and accidental pediatric exposure. CAM2038 has been successfully evaluated in seven Phase 1-3 clinical trials, including a pivotal Phase 3 efficacy and a long-term safety study. The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

CAM2038 is presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional. If approved, CAM2038 will be offered in dosage strengths for once weekly (8 mg to 32 mg) and once monthly (64 mg to 160 mg) subcutaneous injections.

 About Braeburn Pharmaceuticals

 Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

 For additional information, please contact:

 Media Relations:

Nancy Leone: nleone@braeburnpharma.com

Investor Relations:

Chris Taylor: ctaylor@braeburnpharma.com

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Braeburn Pharmaceuticals Welcomes Two New Members to its Board of Directors

Posted on December 12, 2017January 12, 2018 by News Desk

Princeton, N.J.—December 12, 2017 — Braeburn Pharmaceuticals, Inc. (Braeburn) today announced the appointment of two new members to its Board of Directors, Jeffrey Berkowitz, J.D., former Executive Vice President of UnitedHealth Group/Optum and CEO of Optum International, and Patrick J. Kennedy, former U.S. Representative of Rhode Island, founder of The Kennedy Forum, and co-founder of One Mind.

“We are honored to welcome these recognized leaders in healthcare and advocacy, whose deep expertise and insights will add valuable perspectives to our Board as we advance Braeburn’s mission to develop solutions for people impacted by opioid addiction in this country,” said Mike Derkacz, President and CEO of Braeburn.

Jeffrey Berkowitz, J.D. is a former Executive Vice President of UnitedHealth Group/Optum where he led Optum’s International division while also driving key strategic initiatives within Optum’s pharmacy benefits management division. Prior to UnitedHealth Group/Optum, Berkowitz was Executive Vice President and President of Pharma and Global Market Access at the Walgreens Boots Alliance, Inc. In this role, he was responsible for pharma relationships, generic and branded procurement, inventory management, specialty pharmacy as well as pricing and reimbursement strategies with all payer segments. Prior to joining Walgreens in 2010, Berkowitz served as an executive at Merck and Schering-Plough and as a lawyer with Proskaur, LLP. He has been recognized three times in PharmaVOICE magazine as one of the 100 Most Inspiring Leaders in the Life Sciences.

Patrick J. Kennedy is a former member of the U.S. House of Representatives. During his 16-year career representing Rhode Island in Congress, he fought a national battle to end medical and societal discrimination against mental illness, addiction and other brain diseases, highlighted by his lead sponsorship of the Mental Health Parity and Addiction Equity Act of 2008. After leaving Congress, he founded The Kennedy Forum, which leads a national dialogue on transforming mental health and addiction care delivery, and co-founded One Mind, a global leader in open science collaboration in brain research. Mr. Kennedy is also the co-author of “A Common Struggle: A Personal Journey Through the Past and Future of Mental Illness and Addiction,” which details his personal struggles as well as his bold plan for the future of mental health care in America.

About Braeburn Pharmaceuticals

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

# # #

For additional information, please contact:

Media Relations:
Nancy Leone: nleone@braeburnpharma.com

Investor Relations:
Chris Taylor: ctaylor@braeburnpharma.com

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Braeburn Announces FDA Advisory Committee Recommends Approval of CAM2038 Buprenorphine Depot for the Treatment of Opioid Use Disorder

Posted on November 1, 2017January 11, 2018 by News Desk

Recommendation based on review of clinical data comprising a broad, real-world opioid use disorder (OUD) population including patients who had concomitant use of other non-opioid substances of abuse

A New Drug Application (NDA) for CAM2038 is under FDA priority review with a Prescription Drug User Fee Act (PDUFA) target date of January 19, 2018

Additionally, Braeburn welcomes today’s final report from the President’s Commission on Combating Drug Addiction and the Opioid Crisis

Princeton, N.J.—November 1, 2017 — Braeburn Pharmaceuticals, Inc. (Braeburn) today announced that the U.S. Food and Drug Administration’s (FDA) Psychopharmacologic Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee jointly voted 17-3 recommending approval of CAM2038, an investigational buprenorphine weekly and monthly depot injection for the treatment of adults with opioid use disorder (OUD).

“The panel’s recommendation in favor of CAM2038 brings us another step closer to providing an individualized treatment option to support OUD patients from day one of their recovery, through initiation, to longer-term maintenance therapy,” said Mike Derkacz, President and CEO of Braeburn. “The magnitude of the opioid crisis noted in the President’s Commission report today reinforces the need for new, medication assisted therapies such as CAM2038, which is administered by healthcare professionals ensuring medication adherence, while potentially minimizing risks of diversion, abuse, misuse, and accidental pediatric exposure.”

The FDA asked the Committees to vote on recommended approval of all, some or none of the proposed doses of CAM2038. The Committees voted 17 in favor of approval of some of the proposed doses and 3 in favor of none of the proposed doses of CAM2038.

In 2016, roughly 11.6 million adults misused opioids in the U.S. yet only 1.1 million received medication assisted therapy (MAT), according to the Substance Abuse and Mental Health Services Administration (SAMHSA). Opioid overdose is now the leading cause of death among people under the age of 50 in this country. Today’s White House Commission report outlined the critical need for MAT in treating opioid addiction, and called for increased funding for opioid addiction related activities.

The Advisory Committee’s recommendation was based on a review of results from a clinical trial program that included seven Phase 1-3 clinical trials in patients with OUD, including a pivotal Phase 3 efficacy and a long-term safety study. CAM2038 was accepted under Priority Review designation by the FDA in September 2017 and previously granted Fast Track designation. The FDA has set a Prescription Drug User Fee Act (PDUFA) target date of January 19, 2018.


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About CAM2038

CAM2038 is an investigational buprenorphine weekly and monthly depot subcutaneous injection for the treatment of opioid use disorder, as a part of a comprehensive treatment plan to include counseling and psychosocial support. The product is designed for flexible and individualized treatment from initiation and stabilization to longer-term maintenance therapy, providing sustained buprenorphine release in once weekly and once monthly formulations. Administration by healthcare professionals ensures delivery and medication adherence, while potentially minimizing risks of diversion, misuse, and accidental pediatric exposure. CAM2038 has been successfully evaluated in seven Phase 1-3 clinical trials, including a pivotal Phase 3 efficacy and a long-term safety study. The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

CAM2038 is presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional. If approved, CAM2038 will be offered in dosage strengths for once weekly (8 mg to 32 mg) and once monthly (64 mg to 160 mg) subcutaneous injections.

About Braeburn Pharmaceuticals

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

For additional information, please contact:

Media Relations:
Nancy Leone: nleone@braeburnpharma.com

Investor Relations:
Chris Taylor: ctaylor@braeburnpharma.com

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Braeburn CEO Participates in U.S. Department of Health and Human Services Secretarial Round Table Discussion on Opioids

Posted on October 5, 2017January 12, 2018 by News Desk
Princeton, N.J.—October 5, 2017 — Braeburn Pharmaceuticals, Inc. (Braeburn) today participated in a roundtable discussion at the U.S Department of Health & Human Services (HHS) in Washington, DC led by Assistant Secretary for Mental Health and Substance Abuse, Dr. Elinore F. McCance-Katz, M.D., Ph.D. and including senior HHS officials and industry leaders.  The meeting focused on the advancement of pain management therapies and the treatment of opioid dependence.

Braeburn President and CEO, Mike Derkacz shared the Company’s commitment to expanding opioid use disorder (OUD) treatment options through cutting edge research and improving access to Medication Assisted Therapy (MAT), in alignment with the HHS five-point strategy to reverse the trajectory of the epidemic.

“The goals of Braeburn are closely aligned with the priorities stated by HHS and we are working diligently to create new treatment options for patients and healthcare providers desperately in need of individualized solutions — from initiation and stabilization, to longer-term maintenance therapy,” said Mike Derkacz, President and CEO of Braeburn. “The opioid epidemic is a complex and devastating problem facing Americans, and Braeburn is honored to be partnering with HHS and other industry leaders to help provide solutions for people living with the serious, often fatal consequences of opioid addiction.”

The Company’s CAM2038, an investigational buprenorphine weekly and monthly depot injection for the treatment of adults with opioid use disorder, was accepted under Priority Review designation by the Food and Drug Administration in September 2017 and previously granted Fast Track designation. Additionally, the FDA has recently published notice via the Federal Register, that a joint Meeting of the Psychopharmacologic Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee will review Braeburn’s New Drug Application for CAM2038 on November 1, 2017.

Braeburn also participated in the September 27 Meeting of the President’s Commission on Combating Drug Addiction and the Opioid Crisis.

About CAM2038

CAM2038 is an investigational buprenorphine weekly and monthly depot subcutaneous injection for the treatment of opioid use disorder, as a part of a comprehensive treatment plan to include counseling and psychosocial support. The product is designed for flexible and individualized treatment from initiation and stabilization to longer-term maintenance therapy, providing sustained buprenorphine release in once weekly and once monthly formulations. Administration by healthcare professionals ensures delivery and medication adherence, while potentially minimizing risks of diversion, misuse, and accidental pediatric exposure. CAM2038 has been successfully evaluated in seven Phase 1-3 clinical trials, including a pivotal Phase 3 efficacy and a long-term safety study. The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

CAM2038 is presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional. If approved, CAM2038 will be offered in dosage strengths for once weekly (8 mg to 32 mg) and once monthly (64 mg to 160 mg) subcutaneous injections.


Braeburn_Logo-01.png

About Braeburn Pharmaceuticals

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

For additional information, please contact:

Media Relations:
Nancy Leone: nleone@braeburnpharma.com

Investor Relations:
Chris Taylor: ctaylor@braeburnpharma.com

 

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Braeburn Participates in President’s Commission Meeting on Combating Drug Addiction and the Opioid Crisis

Posted on September 27, 2017January 12, 2018 by News Desk

Princeton, N.J. — September 27, 2017 — Braeburn Pharmaceuticals, Inc. (Braeburn) today participated in the Third Meeting of the President’s Commission on Combating Drug Addiction and the Opioid Crisis held in the Eisenhower Executive Office of the President in Washington, DC. Braeburn President and CEO, Mike Derkacz shared the Company’s progress in advancing new, long-acting treatment options to help address the escalating disease burden of addiction faced by Americans, including the development of injectable treatments for opioid use disorder (OUD) to potentially minimize the risk of diversion and abuse.

“Braeburn is fully committed to working with the Commission, healthcare professionals, lawmakers, payers and regulators to deliver solutions for people living with the serious, often fatal consequences of opioid addiction,” said Mike Derkacz, President and CEO of Braeburn. ”We believe that people who suffer from addiction and the healthcare professionals who treat them will greatly benefit from the expansion of treatment options and improved access to medication-assisted therapy.   Until we make it as easy to get treatment as it is to get illicit drugs in this country, the epidemic will continue.”

In 2016, roughly 10.6 million adults misused opioids in the US and only 1.2 million of them were treated, according to the Substance Abuse and Mental Health Services Administration (SAMHSA).  According to the NIH, 25 million Americans suffer from daily chronic pain. FDA Commissioner Scott Gottlieb has referred to medication-assisted therapy as “one of the major pillars of the federal response to the opioid epidemic in this country.”

“Braeburn announced last week that the New Drug Application for CAM2038, an investigational buprenorphine weekly and monthly depot injection for the treatment of adults with opioid use disorder, was accepted under Priority Review and granted Fast Track designation by the FDA, accelerating the timeline for which CAM2038, if approved, will provide new options for patients struggling with opioid use disorder,” said Sonnie Kim, Pharm.D., Chief Scientific Officer at Braeburn. “These treatments, if approved, will be administered by healthcare professionals to ensure proper delivery and medication adherence, while potentially minimizing risks of diversion, misuse and accidental pediatric exposure.”

This third Commission meeting was livestreamed and is available at WhiteHouse.gov: https://www.whitehouse.gov/live

About CAM2038

CAM2038 is an investigational buprenorphine weekly and monthly depot subcutaneous injection for the treatment of opioid use disorder, as a part of a comprehensive treatment plan to include counseling and psychosocial support. The product is designed for flexible and individualized treatment from initiation and stabilization to longer-term maintenance therapy, providing sustained buprenorphine release in once weekly and once monthly formulations. Administration by healthcare professionals ensures delivery and medication adherence, while potentially minimizing risks of diversion, misuse, and accidental pediatric exposure. CAM2038 has been successfully evaluated in seven Phase 1-3 clinical trials, including a pivotal Phase 3 efficacy and a long-term safety study. The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

CAM2038 is presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional. If approved, CAM2038 will be offered in dosage strengths for once weekly (8 mg to 32 mg) and once monthly (64 mg to 160 mg) subcutaneous injections.


Braeburn_Logo-01.png

About Braeburn Pharmaceuticals

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

For additional information, please contact:

Media Relations:
Nancy Leone: nleone@braeburnpharma.com

Investor Relations:
Chris Taylor: ctaylor@braeburnpharma.com

 

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FDA Acceptance of NDA for CAM2038 for Opioid Use Disorder

Posted on September 18, 2017January 12, 2018 by News Desk

Braeburn Announces FDA Acceptance with Priority Review of New Drug Application for CAM2038 Buprenorphine Depot for the Treatment of Opioid Use Disorder

  • If approved, CAM2038 will provide patients and HCPs with weekly and monthly dosing options for the treatment of opioid use disorder, with the goal of improving treatment adherence and reducing the burdens associated with the daily medication.
  • The FDA has assigned a Prescription Drug User Fee Act (PDUFA) target date of January 19, 2018

Princeton, N.J. — September 18, 2017 — Braeburn Pharmaceuticals, Inc. (Braeburn) announces that the U.S. Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) with Priority Review designation for CAM2038, an investigational buprenorphine weekly and monthly depot injection for the treatment of adults with opioid use disorder (OUD). The NDA for CAM2038, which was submitted on July 19, 2017, comprises data from five Phase 1-2 clinical trials as well as two Phase 3 trials.

“FDA’s acceptance of our NDA for CAM2038 under Priority Review represents an important step in advancing Braeburn’s mission to provide opioid use disorder patients with effective treatment options which can be individualized to support them throughout their recovery — from initiation and stabilization to longer-term maintenance,” said Mike Derkacz, President and CEO of Braeburn. “Because the weekly and monthly formulations are administered by healthcare professionals and remain in their control, if approved, CAM2038 may help mitigate the inherent risks of daily oral medication in terms of diversion, misuse, and pediatric exposure.”

A core component of the NDA submission is the positive results from a pivotal Phase 3 randomized, double-blind, double-dummy, active-controlled trial of weekly and monthly injections of buprenorphine (CAM2038) in patients with OUD. This study enrolled a wide OUD population including patients who had concomitant use of other non-opioid substances of abuse, such as amphetamines, cocaine, marijuana, and benzodiazepines. The study also initiated treatment immediately without a need for any prior induction period. In addition to achieving the primary endpoint (response rate) of non-inferiority versus treatment with daily sublingual buprenorphine/naloxone, the current standard of care, CAM2038 also demonstrated superior treatment effect for the secondary endpoint (Cumulative Distribution Function of the percentage of urine toxicology negative for illicit opioids confirmed by self-report). The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

FDA has granted Fast Track and Priority Review designations for CAM2038 buprenorphine weekly and monthly depot for the treatment of opioid use disorder and will convene an Advisory Committee meeting for CAM2038 in Q4 2017. Additionally, FDA has assigned a Prescription Drug User Fee Act (PDUFA) target action date of January 19, 2018.

ABOUT CAM2038

CAM2038 buprenorphine weekly and monthly depot subcutaneous injection is an investigational treatment of opioid use disorder, as a part of a comprehensive treatment plan to include counseling and psychosocial support. The product is designed for flexible and individualized treatment from initiation and stabilization to longer-term maintenance therapy, providing sustained buprenorphine release in once weekly and once monthly formulations. Administration by healthcare professionals ensures delivery and medication adherence, while potentially minimizing risks of diversion, misuse, and accidental pediatric exposure. CAM2038 has been successfully evaluated in seven Phase 1-3 clinical trials, including a pivotal Phase 3 efficacy and a long-term safety study. The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events.

CAM2038 is presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional. If approved, CAM2038 will be offered in dosage strengths for once weekly (8 mg to 32 mg range) and once monthly (64 mg to 160 mg) subcutaneous injections.


Braeburn_Logo-01.png

Braeburn is a pharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to address the escalating disease burden of addiction faced by patients, healthcare professionals, payers and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

For additional information, please contact:

Media Relations:
Nancy Leone: nleone@braeburnpharma.com

Investor Relations:
Chris Taylor: ctaylor@braeburnpharma.com

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Braeburn and Camurus Announce Submission for CAM2038 for Opioid Use Disorder

Posted on July 20, 2017January 12, 2018 by News Desk

Braeburn and Camurus Announce Submission of NDA for Long-Acting Buprenorphine (CAM2038) for Opioid Use Disorder

  • If approved, CAM2038 would provide weekly and monthly dosing options for patients with Opioid Use Disorder
  • Priority Review of the NDA has been applied for which, if granted, would shorten the review process of CAM2038
  • Robust clinical dossier supports potential for novel subcutaneous buprenorphine depots

Princeton, N.J. and Lund, Sweden — July 20, 2017 — Braeburn Pharmaceuticals (“Braeburn”) and Camurus (NASDAQ STO: CAMX) today announced the completion of the rolling submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for the approval of the companies’ weekly and monthly buprenorphine depots (CAM2038) to treat Opioid Use Disorder. Braeburn has also applied for Priority Review which, if granted, could shorten the review process of CAM2038 following the FDA’s acceptance of the NDA.

“Opioid addiction is an overwhelming public health epidemic in the U.S. Current daily medications for this condition are effective when taken as prescribed; however, for many patients, this can be a real challenge. Patients who do not take their medication as prescribed are ten times more likely to relapse ,” said Mike Derkacz, President and CEO of Braeburn Pharmaceuticals. “If approved, patients will have access to a weekly and monthly dosing option that allows for flexible and individualized treatment from initiation on day one and throughout their recovery. This reduces the burden of daily medication, as well as the risks of misuse and diversion.”

The NDA submission for CAM2038 includes data from a comprehensive global clinical development program, evaluating 944 study participants across seven clinical trials:

  • Four pharmacokinetic (PK) studies of weekly and monthly CAM2038 in healthy volunteers or patients, including also pharmacodynamic assessments.
  • A Phase 2 opioid blockade study demonstrating sustained blockade of drug liking and suppression of withdrawal by CAM2038 from the first day of treatment.
  • A 24-week Phase 3 randomized, double-blind, double-dummy study of CAM2038 against standard daily sublingual buprenorphine and included flexible dosing throughout the study period. The study met both the primary and key secondary endpoints, showing superiority for CAM2038 versus sublingual buprenorphine for the cumulative distribution function for percentage of illicit opioid-negative urine tests and self-reports.
  • A 48-week Phase 3 open-label, long-term safety study confirming the safety profile and long-term effectiveness of CAM2038 in new-to-treatment patients and patients switched from daily buprenorphine.

“Since the completion of our comprehensive clinical program for CAM2038, we have worked relentlessly to finalize our regulatory submissions to make these potentially treatment-transforming investigational medicines available to patients with Opioid Use Disorder,” said Fredrik Tiberg, President and CEO, Camurus. “We are deeply appreciative of the important contributions of our investigators, nurses, and study participants, as well as the tireless efforts of our teams at Braeburn and Camurus, making this important milestone a truly collective achievement.”

PIVOTAL PHASE 3 STUDY VERSUS ACTIVE COMPARATOR

This Phase 3, double-blind, double-dummy study randomized 428 adults with moderate-to-severe Opioid Use Disorder to flexible dosing with weekly and monthly CAM2038 or daily sublingual (SL) buprenorphine/naloxone (BPN/NX). Primary endpoints were non-inferiority in proportion of opioid-negative urine samples (EMA) and responder rate (FDA). A responder had no evidence of illicit opioid use at nine pre-specified time points. Superiority for the cumulative distribution function (CDF) of the percentage of opioid-negative urine samples was also evaluated.

Non-inferiority was demonstrated for both primary endpoints of non-inferiority between CAM2038 and SL BPN/NX, with a positive treatment difference of 3.4% (95% CI: -3.5–10.4%; P<0.001) for responder rate and 6.7% (95% CI: -0.1–13.6%; P<0.001) for the mean percent opioid-negative urine samples. Subsequently, following the prespecified test-order, superiority of CAM2038 versus daily SL BPN/NX was demonstrated for the CDF for the percentage of illicit opioid-negative urines plus self-reports during treatment weeks 4–24 (P=0.004). The safety profile of CAM2038 was generally consistent with the known safety profile of buprenorphine, with the exception of mild-to-moderate injection-site adverse events. Of the 428 enrolled patients, 128 (60.1%) in the CAM2038 group and 119 (55.3%) in the SL BPN/NX group experienced at least one adverse event, of which 70 (32.9%) and 64 (29.8%), respectively, were treatment related. Serious adverse events were reported for 5 (2.3%) of CAM2038 patients and 13 (6%) of SL BPN/NX patients. Injection site related adverse reactions were observed after 5.0% of the administered injections and in 36 (16.9%) of the 213 patients in the CAM2038 treatment group. The most common adverse reactions were injection site pain (8.9%), injection site pruritus (6.1%) and injection site erythema (4.7%). The injection site reactions were mild (78%) or moderate (22%) in severity. No serious injection site events were reported. Five cases of non-fatal drug overdoses were reported in the study (four were accidental: 3 heroin and 1 clonazepam, and one was intentional); all of which occurred in the SL BPN/NX group.

Top-line data was announced in November 2016, with further highlights presented at the annual scientific meeting of the College on Problems of Drug Dependence (CPDD) last month. Full results from the study will be presented in a scientific publication.

ABOUT CAM2038 INVESTIGATIONAL PRODUCTS

CAM2038 products are investigational weekly and monthly buprenorphine depot injections in development for the treatment of opioid dependence. The products are designed for flexible and individualized treatment across treatment phases, from initiation and early stabilization to longer-term maintenance therapy, providing sustained buprenorphine release and efficacy for one week and one month, respectively. Administration by healthcare professionals helps to ensure medication adherence, while potentially minimizing risks of diversion, misuse, and accidental exposure to children and teenagers. CAM2038 has been successfully evaluated in five Phase 1 and 2 clinical trials, as well as a pivotal Phase 3 efficacy trial and a Phase 3 long-term safety trial.

CAM2038 depots are presented ready for use in prefilled syringes for weekly or monthly administration by a healthcare professional as small dose volume (about 0.6 mL) subcutaneous injection through a thin, 23-gauge needle. CAM2038 is developed for room temperature storage, avoiding the need for cold chain distribution and refrigerator storage. No mixing steps or room temperature conditioning are required prior to administration. The suite of products include dosage strengths for the once weekly that range from 8 mg to 32 mg, the once monthly injectable includes dosage strengths that range from 64 mg to 160 mg.
About Opioid Dependence

Each day more than 90 people die of an overdose and the number of opioid deaths per year is increasing at an alarming rate. Since 2002, there has been almost a three-fold increase in overdose rates from opioids. In the U.S. alone, there are 2.6 million patients diagnosed with opioid addiction. These deaths were caused by prescription-drug misuse (20,000) and a rise in heroin use (10,000). Recently published estimates project that there were between 59,000 and 65,000 drug overdose deaths in the U.S. last year, with growth rates rising faster than ever (The New York Times, June 5, 2017).


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ABOUT BRAEBURN PHARMACEUTICALS

Braeburn is a biopharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to effectively address the escalating disease burden of addiction faced by patients, healthcare professionals, payers, and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

ABOUT CAMURUS

Camurus is committed to developing and commercializing innovative and long-acting medicines for the treatment of severe and chronic conditions, including opioid dependence, pain, cancer, and endocrine disorders. New drug products are created based on our proprietary FluidCrystal® drug delivery technologies with the purpose of delivering improved quality of life, treatment outcomes. and resource utilization. The company’s share is listed on Nasdaq Stockholm under the ticker CAMX. For more information, visit www.camurus.com.
For additional information, please contact:

For Camurus:
Fredrik Tiberg, President & CEO
Tel: +46 46 286 46 92
fredrik.tiberg@camurus.com

Rein Piir, VP Investor Relations
Tel: +46 70 853 72 92
ir@camurus.com

For Braeburn Pharmaceuticals:
Sherry Feldberg, MSLGROUP Boston
Tel: +1 781 684 0770
braeburnpharma@mslgroup.com

Posted in CAM2038Leave a Comment on Braeburn and Camurus Announce Submission for CAM2038 for Opioid Use Disorder

Topline Phase 2 Results for Long-acting Buprenorphine in Opioid Dependent Patients with Chronic Pain

Posted on July 12, 2017January 12, 2018 by News Desk

Camurus and Braeburn Pharmaceuticals Announce Topline Phase 2 Results for Long-acting Buprenorphine in Opioid Dependent Patients with Chronic Pain

Lund, Sweden and Princeton, NJ — 12 July 2017 — Braeburn Pharmaceuticals and Camurus (NASDAQ STO: CAMX) today announced positive results from a Phase 2 pharmacokinetic study of weekly and monthly buprenorphine (CAM2038) depots in opioid dependent patients with moderate-to-severe non-cancer chronic pain. A total of 65 participants were enrolled and received one of three doses of CAM2038 after being transitioned from sublingual buprenorphine.  The primary study objective was to characterize steady-state pharmacokinetic (PK) profiles after repeated dosing of CAM2038, including subcutaneous (SC) injections into four different injection sites. Other outcomes were safety and local tolerability, as well as measures of pain and opioid withdrawal symptoms. The PK results confirmed the target weekly and monthly dosing intervals for the CAM2038 depots, showing extended buprenorphine release with dose dependent steady-state trough concentrations in the 2 to 3 ng/mL range.

Both pain and opioid withdrawal scores continued to be well controlled after transitioning from sublingual buprenorphine total daily doses of 24 mg and above. As in previous clinical studies, CAM2038 was shown to be well tolerated. Except for mild-to-moderate injection site reactions observed in four patients (6.2%), the safety profile was consistent with that of daily transmucosal buprenorphine medications.

“The study results provide further support that the weekly and monthly buprenorphine depots, if approved, will be effective for the treatment of opioid dependence. In addition, the Phase 2 data are supportive of the ongoing pivotal Phase 3 study of the management of moderate-to-severe chronic pain,” said Fredrik Tiberg, President and CEO, Camurus. “This is an important step in our endeavor to provide patients with opioid dependence or chronic pain with safe and effective long-acting therapies, also designed to minimize the risks of diversion and misuse.”

Moderate-to-severe chronic pain is a serious condition that affects approximately 200 million[1] adults in the U.S. and Europe. Chronic pain has a profound impact on the quality of life of affected patients and contributes substantially to lost productivity, and increased morbidity, mortality, disability, and burdens on the healthcare system. In the U.S. alone, chronic pain is estimated to cost the nation more than $560 – 635 billion annually[2], exceeding the estimated costs of heart disease, cancer, or diabetes.

“There is a critical need for effective options for the millions of people who suffer with chronic pain, but are also at risk for developing opioid addiction,” said Mike Derkacz, President and CEO of Braeburn Pharmaceuticals. “On behalf of these patients, we are pleased that this Phase 2 study demonstrated that CAM2038 was effective in treating not only chronic pain, but also preventing withdrawal symptoms in this vulnerable population. We believe these results hold promise and may allow physicians to customize therapy based on individual patients’ treatment goals.”

“These Phase 2 study results indicate the feasibility of a long-acting buprenorphine as a potential safe and effective treatment of chronic pain without the need for oral pain medications multiple times per day,” said principal investigator Dr. Greg Sullivan, Medical Director at Parkway Medical Center in Birmingham, Alabama. “Availability of multiple doses of both weekly and monthly durations provides the additional opportunity of individualized therapy.”

About the Phase 2 Study

The HS-15-549 trial was a Phase 2, open-label, partially randomized, multi-center, 3-treatment group study in opioid-dependent patients with a history of moderate-to-severe chronic non-cancer pain. The primary study objectives were to evaluate the steady-state PK of buprenorphine and norbuprenorphine following multiple weekly and monthly SC administrations of CAM2038, including weekly injections in different SC sites (abdomen, thigh, upper arm, and buttock). Other objectives were to evaluate the safety and tolerability of CAM2038, as well as to investigate effects on pain and opioid withdrawal in patients transferred from sublingual buprenorphine to weekly and monthly CAM2038.

Of the 65 participants dosed with CAM2038 in the study, 33 (50.8%) subjects experienced at least one treatment-emergent adverse event, of which 9 (13.8%) were treatment related. Four participants (6.2%) had at least 1 injection site adverse event. All treatment related adverse events were of mild-to-moderate intensity.

ABOUT CAM2038

CAM2038 are buprenorphine subcutaneous investigational new drugs in late-stage clinical development for the treatment of opioid addiction and chronic pain. Once-weekly and once-monthly formulations have been developed, each with multiple doses, to allow individualized treatment of patients. The CAM2038 products are designed for administration by healthcare personnel to ensure proper delivery and medication adherence in order to minimize the risks of diversion, abuse, misuse, and accidental exposure by children. To date, more than 1,000 subjects have been enrolled in clinical studies evaluating CAM2038.

Design attributes of CAM2038 include small dose volumes of maximum 0.6 mL (for the highest weekly dose) filled in prefilled syringes with a thin 23-gauge injection needle and administered subcutaneously. CAM2038 is also stored at room temperature, therefore avoiding the need for cold chain distribution and refrigerator storage.

CAM2038 is also being studied for opioid use disorder and met the primary endpoint in a pivotal Phase 3 study compared to current standard daily treatment with SL buprenorphine/naloxone. The study achieved non-inferiority for primary endpoints, as well as superiority in the secondary endpoint for CDF (Cumulative Distribution Function) for urine samples testing negative for the presence of illicit opioids. The clinical regulatory program for CAM2038 in opioid dependence has been completed and Braeburn and Camurus are now proceeding with regulatory submissions to the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA), seeking to bring this potential treatment to patients living with opioid use disorder in the U.S., Europe, and other parts of the world. The FDA has granted Fast Track designation for CAM2038 subcutaneous injectable products for the treatment of opioid addiction.


Braeburn_Logo-01.png

ABOUT BRAEBURN PHARMACEUTICALS

Braeburn is a biopharmaceutical company dedicated to delivering solutions for people living with the serious, often fatal consequences of opioid addiction. The company’s mission is to advance a portfolio of next-generation therapies, with individualized dosing regimens and delivery options, to effectively address the escalating disease burden of addiction faced by patients, healthcare professionals, payers, and society. For more information about Braeburn, please visit www.braeburnpharmaceuticals.com.

ABOUT CAMURUS

Camurus is committed to developing and commercializing innovative and long-acting medicines for the treatment of severe and chronic conditions, including opioid dependence, pain, cancer, and endocrine disorders. New drug products are created based on our proprietary FluidCrystal® drug delivery technologies with the purpose to deliver improved quality of life, treatment outcomes, and resource utilization. The company’s share is listed on Nasdaq Stockholm under the ticker “CAMX”. For more information, visit www.camurus.com.

MEDIA CONTACTS:

Fredrik Tiberg, President & CEO
Tel. +46 (0)46 286 46 92
fredrik.tiberg@camurus.com

Rein Piir, VP Investor Relations
Tel. +46 (0)70 853 72 92
ir@camurus.com

Sherry Feldberg
MSLGROUP Boston
781-684-0770
braeburnpharma@mslgroup.com

Posted in CAM2038Tagged buprenorphine, CAM2038, opioid use disorderLeave a Comment on Topline Phase 2 Results for Long-acting Buprenorphine in Opioid Dependent Patients with Chronic Pain

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