Biotech / Medical | Adolor(ADLR)Maybe the Answer to the Pain of Owning Biotechs!


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To: Arthur Radley who started this subject3/8/2003 9:28:12 AM
From: Arthur Radley   of 21
 
Interesting topic...undertreatment of cancer pain and the use of opioid....IMO this is right down ADLR's lane..

mp.medscape.com 

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To: Arthur Radley who wrote (1)4/4/2003 1:32:18 PM
From: Arthur Radley   of 21
 
Has been smooth sailing.....punching above the $14.00 level today.

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To: Arthur Radley who wrote (2)4/10/2003 9:07:34 AM
From: Arthur Radley   of 21
 
Rating has jumped from 6 to 9 in past month....

Adolor Corporation: Stock Rating Summary
Adolor Corporation, a small-cap growth company in the consumer non-durables sector, is expected to significantly outperform the market over the next six months with average risk.

10 is the best possible rating.


Quick Summary Details
Pro• Previous day's closing price for ADLR was significantly above its 50-day moving average. Very positive

• Shares are under heavy accumulation by financial institutions. Positive for a small company like ADLR

• The most recent quarterly earnings report was significantly higher than analysts’ consensus forecast. Positive

Con• The price-to-sales multiple is significantly higher than the average for all stocks in the StockScouter universe. Negative for a small company like ADLR


Short-term Outlook
Over the next 1-2 months, StockScouter forecasts that growth stocks will be in favor, small-cap stocks will be in favor, and consumer non-durables stocks will be in favor.


Previous Ratings
1 Month ago 6
3 Months ago 7
6 Month ago 7

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To: Arthur Radley who started this subject4/16/2003 9:33:42 PM
From: trueblood986   of 21
 
Satview LLC, Reno based broadband company, just completed its installation of cable television to a dedicated facility in Reno, Nevada. The company provides custom designed programming for its clients. At its new property it is providing Spanish language programming designed specifically for Hispanics. This results in a switch over from Charter to Satview. Satview is owned 50% by Pacific Energy and Mining Company.
Pacific Energy and Mining Company, symbol (PEMC) is owned 80% by Kamputech Inc. A New Jersey based technology company.

Tariq Ahmad is Vice President Engineering.
Jerry Kumar is President of Satview LLC

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From: tuck3/7/2005 6:12:58 PM
   of 21
 
>>LONDON and EXTON, Pa., March 7 /PRNewswire-FirstCall/ -- GlaxoSmithKline (GSK) and Adolor Corporation (Nasdaq: ADLR - News) announced today initial top-line results from two Phase 2 studies of Entereg (alvimopan). The Phase 2b study (SB-767905/011) evaluated alvimopan for the treatment of opioid-induced bowel dysfunction (OBD), which results from the use of opioids in patients suffering from chronic pain. The Phase 2a study (SB-767905/007) investigated alvimopan in patients with chronic idiopathic constipation (CIC) not associated with opioid use.

The Phase 2b study, in 522 non cancer patients with OBD, showed that all three oral alvimopan dosage regimens achieved statistically significant effects on the primary and secondary endpoints compared with placebo.

The primary endpoint was the change from baseline in weekly frequency of spontaneous bowel movements (SBM) (defined as bowel movements with no laxative use in the previous 24 hours) over the first half of the 6-week treatment period. All groups reported an SBM frequency of approximately 1 per week during the baseline period. The average weekly change from baseline over weeks 1-3 was 3.36 SBM for the alvimopan 0.5 mg twice daily treatment group, 3.29 SBM for the alvimopan 1mg, once daily treatment group and 4.17 SBM for the alvimopan 1 mg twice daily treatment group compared to 1.65 SBM for the placebo group. All alvimopan treatment groups were statistically significantly different from placebo at the p<0.001 level. These changes were apparent by the first week of treatment and were sustained throughout the 6-week treatment period, with a prompt return towards baseline following discontinuation of treatment.

Alvimopan treatment was also associated with significant improvements in straining, stool consistency, and incomplete evacuation compared with placebo. These symptomatic improvements were evident by the first week and sustained throughout the 6-week treatment period, similar to the bowel movement response.

In this Phase 2b study adverse events (AEs) affecting the gastrointestinal tract (GI) were the most common, occurring in 30-43% of alvimopan treated patients, compared to 36% on placebo. The most frequently reported AEs were abdominal pain, nausea and diarrhea and GI adverse events were also the most common reason for study withdrawal. In this Phase 2b study alvimopan was generally well tolerated. The incidence of any patient reporting an AE was numerically similar between treatment and placebo groups. There was no evidence of antagonism of opioid analgesia based upon pain intensity scores and opioid consumption. Review of safety data is ongoing.

"We are very pleased with the results of this study," said Dr. Yvonne Greenstreet, Senior Vice President, Medicine Developments Centre at GlaxoSmithKline. "These initial results from study 011 are consistent with previous observations from other studies and we believe that the changes seen are clinically important and provide the platform for the development of an important new therapy for patients with OBD."

"OBD is a common and serious clinical problem for millions of patients taking opioids chronically to manage painful conditions, such as severe back pain and osteoarthritis," said James E. Barrett, Ph.D., Senior Vice President, Chief Scientific Officer, President, Research of Adolor Corporation. "We are delighted that the results of this study suggest that patients taking opioids such as morphine or codeine may benefit from use of Entereg and believe that the convenience of oral dosing is optimal for development in this patient population."

GSK and Adolor are also reporting the initial, top-line results from study SB-767905/007, a separate Phase 2a, proof of concept, study of alvimopan for possible treatment of chronic idiopathic constipation (CIC) not due to opioid treatment. GSK and Adolor have previously shown in well controlled pharmacodynamic studies that alvimopan enhanced intestinal transit in normal subjects and patients with constipation not receiving opioids. Study SB- 767905/007 was designed to test the hypothesis that abnormal responses to endogenous opioids (naturally occurring in the body) could contribute to chronic constipation.

There were no statistically significant differences from placebo for any dose of alvimopan on the primary or secondary endpoints, or in key subgroups.

In this Phase 2a study, alvimopan treatment for 8 weeks up to 8 mgs twice daily was generally well tolerated.

Exploratory analyses of these data from Study 007 suggest that some constipated patients may have achieved therapeutic benefits and so, further studies are being considered.


About Study SB-767905/011
-- Study SB-767905/011 was a Phase 2b multi-centre, randomized, double-
blind, placebo controlled trial of 522 adult subjects (64% female)
with OBD secondary to the use of opioid analgesics for non-cancer
pain.
-- The objective of the study was to select a treatment regimen that
improves OBD symptoms with an acceptable safety profile.
-- Under the study protocol, patients were randomly assigned to placebo or
one of three alvimopan treatment regimens for 6 weeks:
-- 0.5 - mg twice daily
-- 1 - mg once daily
-- 1 - mg twice daily About Study SB-767905/007
-- Study SB-767905/007 was a Phase 2a multi-centre, randomized, double
blind, placebo controlled trial of 217 adult subjects (90% female)
with chronic idiopathic constipation.
-- The objective was to test the hypothesis that abnormal responses to
endogenous opioids (naturally occurring in the body) could contribute
to chronic constipation.
-- Under the study protocol, patients were randomly assigned to placebo or
one of three alvimopan treatment regimens for 8 weeks:
-- 1 mg - twice daily
-- 3 mg - twice daily
-- 8 mg - twice daily About Alvimopan (Entereg(TM))
Alvimopan is an investigational peripherally-acting mu opioid receptor antagonist (PAMOR) designed to block the negative effects of opioids, like morphine or codeine, on the gastrointestinal system without interfering with the analgesic effects on the central nervous system. It is the first of this new class with a New Drug Application (NDA) that has been accepted for review by the U.S. Food and Drug Administration (FDA) for postoperative ileus.

About Opioid-induced Bowel Dysfunction (OBD)

Although opioid analgesics are the cornerstone of drug therapy for moderate-to-severe pain, treatment is often associated with a persistent dysfunction of gastrointestinal function, which produces significant morbidity and can result in complications if neglected. OBD is a drug-induced condition characterized by a constellation of adverse effects associated with infrequent, difficult, or incomplete defecation. Unlike other adverse effects of opioid therapy which tend to resolve with continued therapy, tolerance to OBD rarely develops. OBD results from the binding of opioid analgesics to mu opioid receptors in the gastrointestinal tract, which slows propulsive motility, increases reassertion of water and salts, and decreases gastrointestinal secretions. The consequences of OBD are not only distressing but are often severe enough to be a dose limiting side effect that can interfere with adequate pain control. Laxatives may provide limited relief for some OBD patients, but can be associated with bothersome side effects.

Alvimopan Collaboration

Adolor Corporation and GlaxoSmithKline are collaborating on the worldwide development and commercialization of alvimopan for POI, opioid-induced bowel dysfunction (OBD) associated with extended use of opioids to treat chronic pain, chronic idiopathic constipation not associated with opioid use, and irritable bowel syndrome (constipation predominant).

About GSK

GSK, one of the world's leading research-based pharmaceutical and healthcare companies, is committed to improving the quality of human life by enabling people to do more, feel better and live longer.

All trademarks used or mentioned in this release are legally protected.

About Adolor Corporation

Adolor Corporation (Nasdaq: ADLR - News) is a biopharmaceutical company specializing in the discovery, development and commercialization of novel prescription pain management products. Entereg (alvimopan) is Adolor's lead product candidate under development for the management of the gastrointestinal side effects associated with opioid use. Adolor and GSK are collaborating in the worldwide development and commercialization of Entereg(TM) in multiple indications. Adolor is developing a sterile lidocaine patch which is in Phase 2 clinical development for post-incisional pain. Adolor also has a number of discovery research programs focused on the identification of novel compounds for the treatment of pain. By applying its knowledge and expertise in pain management, along with ingenuity, Adolor Corporation is seeking to make a positive difference for patients, caregivers and the medical community. For more information, visit adolor.com.  <<

snip

Cheers, Tuck

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From: kenhott11/6/2006 8:30:00 AM
   of 21
 
FDA Issues Approvable Letter for Entereg(R) (alvimopan) for POI
Monday November 6, 7:00 am ET
Adolor Investor Conference Call at 8:30 a.m. EST on Monday, November 6, 2006

EXTON, Pa. & PHILADELPHIA--(BUSINESS WIRE)--Adolor Corporation (Nasdaq: ADLR - News) and GlaxoSmithKline (NYSE: GSK - News) announced today that the U.S. Food and Drug Administration (FDA) has issued a letter stating that the new drug application (NDA) for Entereg (alvimopan 12mg) for the management of postoperative ileus (POI) is approvable. The FDA has requested 12-month safety data, including analysis of serious cardiovascular events, from study 767905/014, an ongoing safety study in opioid-induced bowel dysfunction (OBD). The FDA also requested a risk management plan as part of the submission.

Study 014 is an ongoing Phase 3, blinded, long-term (12 month) safety study conducted by GSK evaluating alvimopan 0.5 mg twice daily for the treatment of opioid-induced bowel dysfunction in patients with chronic non-cancer pain. The study is targeted for completion late in the first quarter of 2007, with final data available in the second quarter.

The FDA's review of the NDA for POI included the six-month interim analysis of Study 014. This analysis was submitted in late September 2006 and showed an increase, which was not statistically significant, in the reported incidence of serious cardiovascular adverse events in patients receiving alvimopan relative to placebo. The reported events were in patients at high risk for cardiovascular disease, did not appear to be linked to duration of dosing and were consistent with epidemiological expectations for the subject population. Combined results from all completed studies in the chronic population submitted by GSK to the FDA did not support a conclusion that patients taking alvimopan were at increased risk for serious cardiovascular events.

"We will meet with the FDA to discuss the approvable letter and work with GSK to provide the additional information requested as expeditiously as possible," said David Madden, interim president and chief executive officer of Adolor.

"We continue to believe that Entereg has significant potential to benefit patients at risk of developing POI and those suffering from OBD and remain committed to its continued development," said Yvonne Greenstreet, Senior Vice President, Research and Development, GlaxoSmithKline.

Conference Call Information

Adolor will host an audio only conference call on November 6, 2006 at 8:30 a.m. Eastern Time to discuss the NDA approvable letter. To access this call and have the opportunity to pose questions, dial 1-800-638-4930 for domestic callers, and 1-617-614-3944 for international callers, and provide the Passcode 55545189. The call will also be available on the Investor Relations section of the Company's website, www.adolor.com.

An audio replay of the conference call will be available beginning at 10:30 a.m. Eastern Time on November 6, 2006. To listen to a replay of the conference call, dial 1-888-286-8010 (domestic callers) or 1-617-801-6888 (international callers) with a Passcode of 29264969 or listen via the website. The replay will be available for one week.

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To: kenhott who wrote (6)11/8/2006 8:12:17 PM
From: rareearth42   of 21
 
ADLR is a good buy right now for a LTBH strategy because the FDA has probably over-reacted to surgical complications unrelated to the drug. The best evidence for this statement is that Entereg is very poorly absorbed from the GI tract, so it's pretty unlikely that its causing any cardiac problems.

Take a look at Slide 10, the 14C whole rat autoradiograph figure in the following link:

medscape.com 

There's almost no systemic absorption evident, compared to the distribution seen with iv administration. Entereg is used at a pretty low dose because it's very potent, so very low absorption of a very low dose means one would have to believe in homeopathy for it to have an effect on the heart.

The reason I said "probably over-reacted" above is that it's conceivable there could be increased systemic absorption if a patient had bowel surgery, since there might be increased systemic absorption through the wound. I consider this unlikely since bowel staplers do a pretty good job of closing things up and the dose is still pretty low.

I quadrupled down yesterday....I think it's a good bet.

RE42

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To: rareearth42 who wrote (7)11/9/2006 8:38:19 PM
From: WilderElisimo   of 21
 
Hi Rare,

I'm going to ask a really stupid question because I just can't believe my own answer and I think you will tolerate me. I'll listen to the cc myself, eventually, as probably it is covered in it. But anyway...

Does this 'approvable' mean, (long pause), that in spite of all the missed endpoints and busted trials the FDA has decided adlr has actually proven entereg is effective in POI?

Efectiveness had always appeared to me to the big issue--not safety--for this program.

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To: WilderElisimo who wrote (8)11/10/2006 12:19:18 PM
From: WilderElisimo   of 21
 
RE42, you should listen to the call if you haven't already. It is only available via phone replay and only for a couple more days.

So to answer my own dumb question, sometimes I think I'm getting stupider by the hour, the amended submission satisfied the efficacy issue merely as a paperwork constituting a complete response. FDA statisticians will surely rip apart the data. I hope adlr/gsk submitted their conclusions about efficacy under only the most conservative assumptions.

The call left me worried. "Combined results from all completed studies in the chronic population submitted by GSK to the FDA did not support a conclusion that patients taking alvimopan were at increased risk for serious cardiovascular events." At first this was reassuring, but it was chanted a few times too many. And in the face of some direct questions about specific trials, specific doses and regimens, a direct answer about the presence of a CV issue in a particular trial would have been appropriate but was avoided and answered with the chant. What went unsaid spoke loudest.

And the final question made clear to me that the FDA by asking for a risk management plan shows it is much more concerned about the CV profile today than simply waiting for the finals results of x014 study to fatten the database. That is, if x014 ends up totally clean there still will be a RMP!?!

Worth pointing out the nice cash cushion, BTW. Hope you make a killing. I can't quite decide what is up with it.

(End of ramble.)

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To: WilderElisimo who wrote (9)11/12/2006 9:13:01 PM
From: rareearth42   of 21
 

Hello Wilder,

I see you've answered your question....I think efficacy for POI is acceptable, see below, but they apparently used too low a dose for the OBD trials and that will have to be revisited or they had some other design problem with their trials.

Regarding the question about cardiovascular events, I think there must have been a non-significant trend towards more cardiovascular events in the alvimopan cohorts, compared with controls, based on the call. The FDA has apparently decided to use the entire 12 month safety cohort as a replication cohort for the other studies, to decide whether the trend is real or just a statistical fluke.

Based on the available information, the real issue here is that if the FDA acknowledges efficacy of Entereg in POI based on two positive phase 3 trials and two others that showed a strong, but non-significant trend, then they can't just ignore another trend in the data. In other words, ADLR can't have it both ways, and ask the FDA to interpret trends as significant for efficacy but not when the trend suggests toxicity.

I still think any increase in cardiovascular complications is very unlikely to be drug-related, but if the trend is replicated or if it is statistically significant, that would require some investigation and I doubt the FDA would approve the drug without further study.

I don't hold enough shares to make a killing, but my basis is now in single digits.

RE42

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