Loss of life menace to Manhattan DA Bragg

Manhattan District Attorney Alvin Bragg arrives at the district attorney’s office as his office investigates $130,000 paid to Stormy Daniels, a porn star who said she was, in the final weeks of former US President Donald Trump’s 2016 campaign had a sexual encounter with Trump in 2006 when he was married to his current wife Melania on March 24, 2023 in New York City, USA.

David Dee Delgado | Reuters

Manhattan District Attorney Alvin Bragg was threatened with assassination in a letter containing powder, hours after former President Donald Trump warned on Friday of “possible death and destruction” if he was found out by a grand jury in one of Bragg’s criminal proceedings would be charged.

“ALVIN: I WILL KILL YOU!!!!!!!!!!!!!” said the typewritten note in a letter contained in an envelope addressed to Bragg, WNBC reported, citing law enforcement sources.

The letter, which contained an Orlando, Fla., postmark dated Tuesday, was found in the DA’s mail room in a lower Manhattan building after it was received at 11:40 a.m. ET Friday. The white powder in the envelope is harmless, said the New York City Police Department CNBC.

A DA spokeswoman said, “The DA has informed the bureau that it was immediately contained and that the NYPD Emergency Services Unit and NYC Department of Environment have determined that there is no hazardous substance.”

NYPD investigators and the FBI, which has an office nearby, were on hand to investigate the letter.

CNBC Policy

Read more about CNBC’s political coverage:

The threat against Bragg is one of several hundred threats received in recent weeks as the district attorney’s office nears the end of its investigation into Trump, a senior New York law enforcement official told WNBC.

Several dozen of these threats were deemed serious threats of direct harm to Bragg, although their credibility varies, according to the official.

Security officials are closely monitoring and investigating the threats, the law enforcement official added.

Bragg is investigating a hush money payment to porn star Stormy Daniels by Trump’s then-lawyer and fixer Michael Cohen just ahead of the 2016 presidential election.

In an office-wide email to employees Friday afternoon, Bragg wrote, “I know it hasn’t been easy” with the “attention and safety of the press in our office,” according to a source who received the email, NBC reported news.

Bragg also thanked the staff for their “strength and professionalism during this time.”

“We will continue to apply the law equally and fairly,” he wrote.

A grand jury has heard testimony in the Trump inquest but had Friday off.

Trump predicted last weekend that he would be arrested Tuesday in Bragg’s investigation, but that didn’t happen.

On Thursday, Trump lashed out at Bragg in a social media post, calling him a “Soros-backed animal” by George.

After 1 a.m. Friday morning, Trump claimed Bragg is “a degenerate psychopath who really hates the US” as he condemned the investigation and warned of the potential for violence if he was charged.

“What kind of person can accuse another person, in this case a former President of the United States, who received more votes than any sitting President in history, and front runner (by far!) for the Republican Party nomination, of a crime when all know that NO crime was committed, and also know that potential death and destruction from such false charges could be catastrophic for our country?” Trump wrote.

Daniels, whose real name is Stephanie Clifford, has said she will be dancing in the street if Trump is indicted in the case.

She accepted Cohen’s $130,000 hush money payment to keep her silent about an alleged one-time sexual rendezvous with Trump. He denies having had sex with the porn film actor.

Pfizer Covid drug Paxlovid could scale back danger of lengthy Covid: research

A prescription for Pfizer’s Paxlovid tablets outside of his home in Philadelphia, Pennsylvania on April 25, 2022. (Photo by Rachel Wisniewski/For the Washington Post)

Rachel Wisniewski | The Washington Post | Getty Images

people who take PfizerAntiviral Covid treatment Paxlovid shortly after infection may reduce the risk of long-term Covid illness, regardless of age, vaccination status or infection history, new research suggests.

The study, published Thursday in the journal JAMA Internal Medicine, found that people who took Paxlovid within five days of testing positive for Covid saw a 26% lower risk of long-term Covid than those who didn’t take it . More than 35,000 people took the oral Covid pill in the study, while 246,000 did not.

Only people eligible for Paxlovid under an emergency authorization were enrolled in the study. This includes adults over 50 or those with an underlying medical condition such as high blood pressure or diabetes.

The results suggest Paxlovid’s benefits may extend beyond what the drug was designed for, which is treating adults and children who are at higher risk of ending up in hospital or dying from Covid infection. The drug still showed its intended benefit in the study, reducing the risk of death by 47% and the risk of hospitalization by 24% about a month after initial infection.

The new study comes as researchers work to close the knowledge gap about long Covid, an often debilitating condition with limited data and no proven treatment available.

According to the Centers for Disease Control and Prevention, long covid refers to new, recurring, or ongoing health problems more than four weeks after an initial covid infection. These problems can include fatigue, trouble breathing, chest pain, and brain fog, and can last for weeks, months, or even years. The CDC estimates that 1 in 5 Covid survivors ages 18 to 64 and 1 in 4 survivors age 65 or older have an ongoing health problem that could be due to a previous infection.

Most of what is known about long-term Covid is that certain people are at higher risk, and the Covid vaccine likely offers some protection against that, says Dr. Jessica Bender, Co-Medical Director at the University of Washington Post-COVID-19 Rehabilitation and Recovery Clinic. She called the new study “very exciting and promising” because it is the first to show a link between Paxlovid and a reduced risk of long Covid.

dr Anita Chopra, a board-certified internal medicine physician who treats patients at a University of Washington primary care medical center, added that prescribers can use the study results to encourage uptake of Paxlovid. Eligible patients will have more peace of mind knowing the drug can result in a significant reduction in their chances of developing the post-Covid condition, she said.

However, Chopra acknowledged that the study was an observational study, meaning the researchers observed participants who did or did not take Paxlovid without intervening. It wasn’t a randomized controlled trial — considered the gold standard for clinical research — where researchers can step in and better investigate a possible cause-and-effect relationship between taking a drug like Paxlovid and an outcome.

Bender emphasized the need to conduct a randomized controlled trial to “replicate these results.”

She said the study’s other limitation was that participants would be identified using health databases maintained by the Department of Veterans Affairs. According to Bender, researchers need to conduct studies on other patient populations outside of this healthcare system.

The study comes as Paxlovid moves closer to receiving full approval from the Food and Drug Administration, with the agency’s advisors voting overwhelmingly in support of the drug last week. The FDA is expected to make a decision in May.

More than 12 million cycles of Paxlovid have been shipped to pharmacies across the United States, according to the latest federal data. About 8 million Americans have taken the drug, with about 1.3 million doses available nationwide.

Correction: Bender said the study’s other limitation was that participants were identified using health databases maintained by the Department of Veterans Affairs. In a previous version, the name of the department and the last name of the doctor were incorrect.

Porsha Williams determined to give up “RHOA” earlier than assembly Simon

While viewers from all over the world watch Porsha Williams making their premiere on The Real Housewives Ultimate Girls Trip, she takes a moment to talk about some past affairs involving The Real Housewives of Atlanta!

Porsha Williams explains she didn’t leave to avoid backlash

During a meeting with PEOPLE, Porsha admitted that while she’s thrilled to be back on TV, there are definitely some parts that “will sting you a little bit!”

One such example is the speculation that surrounded Porsha after beginning a relationship with her Simon Guobadiawho was introduced on the show while he was married Falyn Pina during season 13.

Remarkably, Falynn was brought to RHOA as “Porsha’s girlfriend” and there were initial rumors that Porsha snatched her now-husband from her. While Simon and Falynn were separated at the time he met Porsha, the matter still led to speculation that Williams was leaving the show to avoid backlash over their relationship.

RELATED: Falynn Guobadia Says She Doesn’t Blame Porsha Williams for Her Divorce and Claims She Never Cheated on Simon Guobadia

However, Porsha says that’s not the case at all.

“I didn’t run away. And I don’t think any of my followers who really knew me would think I would walk away from the show for that.”

Porsha reveals she left to reconsider how she moves

After clarifying that she “didn’t run from naysayers,” she doubled down by announcing that she’s “dealt with a lot of the tough stuff on the show” and always showed up to face the music.

“I dealt with a lot of hard things on the show,” Williams recalled to PEOPLE. “And I was there at the beginning of every season to film with the camera on. So no, that had nothing to do with it.”

Additionally, Porsha pointed out that she was determined to leave the show “long before” she and Simon met.

“I had already decided it was time to retire at least six months before I told any of the executives what I was going to do — and well before I even met my now-husband.”

As for the reason for her departure, Porsha explained that — as she neared her 10-year mark on the hit Bravo series — she “just had to re-evaluate” what she wanted.

“I turned 40, I hit my 10-year mark on the show, and I really just had to rethink where I was and what I absolutely wanted out of my life. Hence this decision came about.”

She concluded by noting that being with RHUGT “was like a fresh start”.

What do you think of Porsha Williams, who announced that she “didn’t run from the backlash” when exiting RHOA?

Spire, Momentus Obtain Delisting Warnings From Change

Spire Global on the New York Stock Exchange, August 17, 2021.

Source: New York SE

According to securities filings, two space companies received delisting warnings on Friday as both companies’ stock prices were below $1 a share.

Small satellite builder and data specialist Spire Global received a notice from the New York Stock Exchange while spaceship delivery company moments received a notification from the Nasdaq.

related investment news

CNBC Pro

According to each exchange’s compliance rules, companies have 180 days, or about six months, to bring their share prices back above $1 per share.

Shares of Spire closed at 69 cents a share on Friday after falling below $1 a share for the first time on March 7.

Momentus shares closed at 63 cents a share and slipped below $1 a share on Feb. 7.

Sign up here to receive weekly issues of CNBC’s Investing in Space newsletter.

Both companies identified the possibility of a reverse stock split to regain compliance.

Spire debuted in public markets in August 2021 following the completion of a SPAC merger. The company hit $100 million in annual subscription revenue, it announced during its fourth-quarter results, and has continued to trim its losses as it aims to be free cash flow-positive in about a year.

Momentus also debuted in August 2021 following its own SPAC merger. After a turbulent leadership transition, the company struggled to ramp up its spacecraft platforms business. It posted minimal revenue in the fourth quarter but hopes to fly multiple missions this year.

The warnings come as space company Astra seeks an extension from the Nasdaq to regain compliance after receiving a delisting warning last year.

It seems like Trump is quickly deteriorating mentally in terms of Reality Social

Truth Social is where Trump lets his emotions and thoughts run free, and what he’s posted in the past few hours looks like the pressure of the likely indictment is weighing on him.

Trump wrote:

Isn’t it awful that Attorney Bragg refuses to do the right thing and call it a day? He would rather accuse an innocent man and create years of hate, chaos and turmoil than give him his well-deserved “freedom”. The whole country sees what’s going on and they won’t take it any longer. You’ve had enough! No mistake was made, no misdemeanor, no crime and most importantly NO CASE. They spied on my campaign, rigged the election, falsely impeached, cheated and lied. You are HUMAN FOAM!

HOW DO YOU REPORT A PERSON WHO HAS NOT DONE WRONG AND YOU KNOW THAT THE PERSON HAS NOT DONE WRONG???

This is the person who is currently beating Ron DeSantis in the Republican presidential primary. It speaks volumes about Ron DeSantis as a candidate if he can’t defeat Trump.

Subscribe to our newsletter:

The failed former president sounds like a complete flop right now, and every day that goes by without the charges being dropped means more pressure on Trump.

The protests he called for did not materialize. There doesn’t seem to be any national outrage or Trump supporters taking to the streets to protest.

Earlier in the day, Trump called for the removal of every single known prosecutor investigating him.

Donald Trump collapses under the pressure. This is the first time in his life that he may face criminal prosecution for his behavior and at his current pace things could be a lot worse by the time the charges are announced.

Jason is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Sanofi, Regeneron shares Pop, information exhibits bronchial asthma drug Dupixent can deal with COPD

A logo on the Sanofi exhibition space at the Viva Technology conference on innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 15, 2022.

Benoît Tessier | Reuters

shares of Sanofi And Regeneron both rose more than 6% on Thursday after the pharmaceutical companies released promising data showing their jointly developed asthma drug Dupixent also shows promise in treating COPD patients.

New data from a phase III clinical trial shows that Dupixent reduced severe attacks of chronic obstructive pulmonary disease, or COPD, by 30% compared to placebo over 52 weeks. The drug is already approved for asthma and some skin conditions like eczema, but could become the first new treatment for COPD in over a decade.

related investment news

CNBC Pro

COPD is a life-threatening respiratory disease that causes progressive deterioration of lung function, with symptoms such as persistent cough and shortness of breath that can affect a person’s ability to perform daily activities. According to the World Health Organization, it caused 3.2 million deaths worldwide in 2019, making it the third leading cause of death. Smoking is a major risk factor for COPD, but people who quit smoking can also develop the disease.

The study enrolled COPD patients with type 2 inflammation – an allergic reaction that can lead to reduced lung function. According to Regeneron, around 300,000 people with COPD are living with type 2 inflammation in the United States alone.

The more than 900 study participants were current or ex-smokers, and those who received Dupixent showed improvements in lung function, quality of life and respiratory symptoms. These results are a win for Dupixent as competing COPD drugs from drugmakers like AstraZeneca and GSK struggle to make successful strides toward approval.

“Change cannot come fast enough for people with uncontrolled COPD, but unfortunately many investigational treatments have not shown significant clinical outcomes, leaving limited treatment options available to these vulnerable patients,” said Dr. Dietmar Berger, Sanofi’s Chief Medical Officer, in a company press release. “We are excited to share these unprecedented and potentially paradigm-shifting clinical results that could bring renewed hope to patients, caregivers and physicians.”

The companies said a second phase 3 study of Dupixent in COPD is ongoing, with data expected in 2024.

Chris Schott, an analyst at JP Morgan, said Dupixent’s recent results have beaten expectations.

“This benefit indicates a clear, clinically meaningful advantage for Dupixent and should support broad adoption of the asset in this segment of the COPD market,” Schott wrote in a research note to clients on Thursday. He added that JP Morgan expects new COPD patients to contribute $1.5 billion to $2 billion in new sales for Dupixent.

Dupixent generated $8.7 billion in sales for Regeneron last year, up 40% from 2021.

Cowen analyst Steve Scala had a similar take on the new data, noting that COPD represents a major market opportunity for the drug.

“We expect a solid post-approval uptake from Dupixent,” he wrote in a note Thursday, adding, “We are very encouraged by positive data in COPD, which becomes a blockbuster opportunity for Dupixent and its growth trajectory through 2030+.” could extend.”

Rachel Bilson and Nick Viall admit they faked their romance

Rachel Bilson never really accepted Nick Viallis rose.

The OC actress, who sparked romance rumors with Nick in 2019 after they exchanged flirtatious messages on social media, recently came clean about her relationship with the Bachelor Nation member. Spoiler alert: there wasn’t one.

“No, Nick and I have never been together,” Rachel admitted on Nick’s The Viall Files podcast on March 21, adding, “We trolled the internet.”

Rachel clarified that they’re just “playing around — not together, but I mean with the internet,” while Nick explained that the duo were “epically single and we wanted the attention.” And no, their ruse “never got to a point” where they actually felt inclined to date, Rachel said.

Nick explained that the idea of ​​a fake relationship came to his mind after becoming “good friends” with Rachel when she appeared on his podcast in July 2019. After that, the two considered doing a spin-off podcast.

Ex-Morgan Stanley adviser charged with alleged NBA dishonest

Courtney Lee #5 and Chandler Parsons #25 of the Houston Rockets arrive together during their game at the Staples Center April 6, 2012 in Los Angeles, California.

Andrew D Bernstein | National Basketball Association | Getty Images

Former MorganStanley Advisor Darryl Cohen was arrested Thursday morning for allegedly cheating on current and former NBA players including Jrue Holiday, Chandler Parsons and Courtney Lee.

Cohen is charged with one count of conspiracy to commit wire fraud and one count of wire fraud, according to federal prosecutors. Each charge carries a prison sentence of up to 20 years. He also faces an investment advisor fraud charge, which carries a maximum five-year prison sentence. Three others, including former NBA player agent Charles Briscoe, have also been charged.

In the indictment, which was unsealed Thursday, the Justice Department alleged that Cohen and the others were involved in fraud schemes to wire around $13 million from NBA customers for personal use. The DOJ found that $7 million of that was allegedly misappropriated only by Briscoe and Calvin Darden Jr., who previously pleaded guilty to separate wire fraud charges.

The players were not named in the DOJ’s announcement. Her identity was confirmed by a person familiar with the matter, who declined to be identified given the sensitive nature of the case.

The DOJ alleged that Cohen and his alleged co-conspirators tricked the three clients into purchasing overpriced life insurance policies, which Cohen later used to renovate his home and pool, pay his credit card bills, and give money to a romantic partner.

Prosecutors also alleged that Cohen directed the basketball players to give donations to a nonprofit organization, which he ultimately used to build athletic facilities in his backyard.

“These defendants believed that defrauding their professional athlete clients of millions of dollars would be a reprieve. That was a huge mistake and they now face serious criminal charges for their alleged crimes,” Damian Williams, the US Attorney for the Southern District of New York, said in a Thursday announcement.

Cohen was an advisor to Morgan Stanley from 2015 to 2021, according to his Financial Industry Regulatory Authority profile. The DOJ said in its indictment document that the alleged fraud schemes took place from approximately 2017 to 2020. Morgan Stanley fired Cohen in 2021 for “transactions not disclosed by Morgan Stanley or authorized by Morgan Stanley and using an unauthorized platform to engage in inappropriate communications with clients,” according to the FINRA filings.

“We have fully cooperated with the investigation and resolved clients’ claims regarding Mr. Cohen,” Morgan Stanley said in a statement. “Mr. Cohen was fired from the firm in March 2021 and has since been banned from the securities industry by FINRA.”

The Securities and Exchange Commission also charged Cohen Thursday with defrauding Holiday, Parsons and Lee of over $1 million.

Cohen’s attorney, Brandon Reif, did not immediately respond to a request for comment.

The three basketball players had previously filed claims against Morgan Stanley with FINRA. These cases were later settled. Phil Aidikoff, representing Holiday, Parsons and Lee, declined to comment due to confidentiality agreements in the FINRA settlements.

Correction: This story has been updated to reflect that there were multiple alleged schemes that resulted in a total of $13 million in scams.

Yellen says blanket financial institution deposit insurance coverage is just not being mentioned

The US Treasury Secretary testifies before the Senate Appropriations Subcommittee on Financial Services March 22, 2023 in Washington, DC.

Win Mcnamee | Getty Images

WASHINGTON — Federal bank regulators are not considering plans to insure all U.S. bank deposits without congressional approval, Treasury Secretary Janet Yellen told members of a Senate Appropriations subcommittee on Wednesday.

Several banking groups and consumer advocates have called for some form of universal deposit insurance after the government refunded most uninsured deposits at two California banks that collapsed earlier this month Silicon Valley Bank and based in New York signature bank.

When asked directly whether the Treasury Department would bypass Congress to insure all deposits, Yellen replied, “I have not considered or discussed anything to do with blanket insurance or guarantees on all deposits.”

Yellen was speaking to senators during a hearing on Capitol Hill to review the Treasury Department’s 2024 budget proposal.

The statement caused the stock market to fall and regional bank stocks to fall.

Congress has sweeping authority over the FDIC insurance limit, currently set at $250,000 under the Dodd-Frank financial reforms. Congress can also temporarily suspend the limit, as it did in 2020 as part of the government’s response to Covid-19.

This time, only a handful of Democrats have openly suggested that Congress consider raising the limit on all deposits. Meanwhile, an influential bloc of Republicans in the House of Representatives has already spoken out against a rate hike. This makes it difficult to imagine how a bill raising the limit would pass through the GOP-controlled House.

In Washington, the emergency deposit guarantees for SVB and Signature have sparked heated debate over whether big banks that have taken excessive risks will get a special bailout, while smaller institutions are being forced to face a rush of withdrawals – sparked by public fears big banks – will be without special help.

“I’m very concerned,” said Republican Maine Senator Susan Collins. “It seems to me that all deposits are guaranteed [at SVB] that you create a situation where they are immune to losses… in a way that puts the well-run community bank at a competitive disadvantage. So I guess my question to you is, how is that fair?”

Yellen said regulators didn’t think about giving one bank an advantage over another at the time. At the time, they were thinking about “the impact on the broader banking system due to the potential for contagion,” she said.

Stock picks and investment trends from CNBC Pro:

However, this explanation was not enough to satisfy small and medium-sized banks.

“If policymakers decide to offer unlimited deposit insurance to some institutions, they can’t leave out others — certainly not the community banks, which, as always, have been operating on a safe and sound footing,” said Rebeca Rainey, CEO of the Independent Community Bankers of America , said in a recent statement.

While Yellen ruled out universal blanket guarantees for deposits, she seemed open to other ways to help smaller banks offer additional insurance for large deposits.

A voluntary idea of ​​West Virginia Senator Joe Manchin was the creation of a system where depositors holding cash over the $250,000 limit set by the Federal Deposit Insurance Corp. could pay slightly higher bank charges, similar to an insurance premium, secure an increased level of FDIC coverage.

“Shouldn’t I be able to buy or pay a slightly higher bank fee to get protection … capped at maybe $10 million?” Manchin told Yellen near the end of her testimony. “We talked…some senators talked back and forth…and I don’t think we should [craft legislation] without you all being involved and showing us how to structure it.”

“I think it’s very worthwhile for you and your colleagues to discuss what is appropriate here,” Yellen replied. “And we’d be more than willing to work with you to think this through.”

CNBC Policy

Read more about CNBC’s political coverage:

She added: “Right now we are trying to stabilize the situation with the means at our disposal.”

Those efforts are beginning to bear fruit, Yellen told a group of bankers on Tuesday. She said that “total deposit outflows from regional banks have stabilized.”

But while trends are moving in the right direction, the amount of money banks borrowed from the Fed’s discount window in the week ended March 15 set a record $153 billion, according to the Fed’s weekly bulletin, a total which indicates that the banking sector is not yet entirely stable.

Clarification: This story has been updated to clarify that Yellen made her comment about “flat-rate insurance” when answering a senator’s question about whether the Treasury Department would bypass Congress to insure all deposits.

FDA advisers vote in opposition to efficacy of Biogen’s ALS drug

A pedestrian walks past Biogen Inc.’s headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021.

Adam Glanzmann | Bloomberg | Getty Images

The Food and Drug Administration’s independent advisory panel voted against the effectiveness of on Wednesday biogenic ALS drug under investigation for a rare and aggressive form of the disease.

The drug Tofersen was developed to treat a rare genetic form of amyotrophic lateral sclerosis, or ALS. Three advisers voted for effectiveness, five against, and one abstained.

related investment news

CNBC Pro

“Unfortunately, the presented study did not meet the primary and secondary endpoints,” said Dr. Liana Apostolova, a professor of neurology at Indiana University School of Medicine, who voted against Tofersen’s effectiveness.

However, the panel unanimously agreed that the drug could have clinical benefit by reducing a protein linked to the severity of the disease.

Michelle Mielke, a professor of epidemiology at Wake Forest University School of Medicine who voted for the drug, acknowledged the data is not entirely conclusive, but said, “There are several aspects of the data that point to strong clinical evidence .”

“And again, my decision also took into account the fact that there really is an unmet need,” she added.

Expedited approval is an FDA designation that approves drugs faster when they meet an unmet medical need for a serious medical condition. Such approval would require Biogen to further study the drug to confirm its clinical utility.

The FDA generally follows the advice of its advisory committees, but is not required to do so. A final decision will be made on April 25th.

ALS, most commonly known as Lou Gehrig’s disease, is a progressive and fatal neuromuscular disease that causes nerve cells in the brain and spinal cord to deteriorate over time, causing people to lose muscle control, they need to move, talk, breathe and eat. The disease eventually leads to paralysis and even death, and generally affects people between the ages of 40 and 70.

The drug targets a form of ALS in people with mutations in a specific gene that is passed down through generations within families. These mutations can cause a protein called SOD1 to build up to toxic levels, which can ultimately damage the nervous system and lead to the development of ALS.

According to Biogen, only a few thousand people worldwide have been diagnosed with this SOD1 mutation, or about 2% of the 168,000 people who have ALS worldwide. In the US, that number is even lower, with about 330 people affected by the SOD1 mutation. The median survival time from diagnosis with the rare form of ALS to death is 2.7 years, according to the company.

The SOD1 mutation is associated with 20% of cases occurring within families.

Families affected by ALS are hoping the drug could pave the way for more research to tackle the disease’s cause, potentially leading to new treatments for the estimated 5,000 new people in the US diagnosed with ALS each year. Globally, researchers at the National Institutes of Health expect ALS cases to increase by almost 70% to approximately 376,000.

Review of mixed efficacy data

The FDA accepted Biogen’s application for full approval of Tofersen in July. In October, the agency extended the review of the application by three months.

The advisory panel relied on controversial data from a phase III clinical trial of Tofersen. The drug failed to slow the progression of ALS in this study, but both Biogen and FDA staff noted the potential limitations of the study. The duration of the study was 28 weeks, which may not have been enough time to observe the effect of Tofersen on disease progression.

The panel focused on evaluating Tofersen’s effect on key proteins associated with the development of ALS. According to an FDA review of the company’s data, the SOD1 protein levels of patients in the study who received Tofersen decreased by 26% to 38% compared to those who received placebo.

But the panel specifically focused on the drug’s effect on another key protein called neurofilament light, or NfL. High levels of the protein are found in a variety of neurological conditions, such as ALS, and are linked to disease severity and progression in patients, according to the FDA review.

Biogen’s phase 3 study found that people who received Tofersen experienced a 55 percent reduction in NfL levels by week 28 of the study, compared with an average increase of 12 percent for people who received placebo. An ongoing study of Tofersen had similar results: People who received the drug in the phase 3 study maintained their lowered NfL levels over time.

Those who received a placebo during the phase 3 study but switched to Tofersen in the extension study saw a 44% drop in NfL levels, the FDA review added.

In a unanimous vote, the panel said Tofersen’s reduction in NfL likely predicts the drug’s clinical utility in people with SOD1-ALS.

“It appears that NFL is bad for neurons and is associated with neuronal death, so if it’s lower then neuronal death should be lower,” said Dr. David Weisman, Director of the ANA Clinical Research Center.

The FDA staffers, who presented their review of Biogen’s data ahead of the panel vote, also said these “convincing reductions” in NfL are expected to result in a slower decline in patients.

The panel also considered Tofersen’s safety data. In the phase 3 study, the most common adverse events associated with the drug were pain in the joints and muscles, and fatigue.

According to the FDA review, about 18% of people who received Tofersen experienced serious adverse events compared to 14% of people who received the placebo. However, FDA staff noted that many of the reported events are related to “underlying disease progression” and not to Tofersen use. None of the adverse events were fatal.

Public Requests for Consent

During public comments, Alison Burell said her family believes Tofersen significantly slowed the progression of the disease in her husband Cory, who died from the rare form of ALS in 2019. He participated in Biogen’s early clinical trial on Tofersen and continued taking the drug after the trial was completed, which Burell believes extended his life by another six months.

“Tofersen gave Cory time with his boys, made memories and showed them that they never give up,” Burrell said. “I ask that you commend your agreement to support Tofersen. Please give hope to others with SOD1.”

Cassandra Haddad also asked the panel to recommend approval, noting that her family has a SOD1-ALS “body count” of 33. She said her late mother was the youngest member to be diagnosed with the rare form of the disease, but took Tofersen to extend her life by several months and “gave us this precious time together.”

“It’s a miracle, the miracle of having access to a drug that specifically targets our genetic mutation and extends our lives,” Haddad said. She added that she herself participated in Biogen’s ongoing Tofersen study called ATLAS and is being monitored for ALS symptoms.

“We all know that early intervention leads to better outcomes. Without Tofersen, I have no chance of survival and no hope,” Haddad said, adding, “Today, you have the power to help me and the legacy of my family’s death.”

Further research on Tofersen ahead

Biogen outlined its plans to review Tofersen’s benefits if the drug receives accelerated FDA approval. The company will collect data from ATLAS, which aims to study whether the drug can help delay the onset of ALS in patients with the SOD1 mutation.

The study started in 2021 and includes 150 participants, which is nearly 50% of the SOD1-ALS population to date, Biogen said. The Company also plans to continue evaluating data from the ongoing extension of the Phase 3 clinical trial, which is expected to conclude in 2024.

“Biogen is committed to confirming the clinical utility of Tofersen in SOD1-ALS as soon as possible,” said Stephanie Fradette, Biogen’s director of clinical development and leader of the ALS portfolio.

Correction: FDA advisors voted against Tofersen’s effectiveness. A previous version of this story misrepresented the exact nature of this vote.