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Calliditas Therapeutics announces full FDA approval of TARPEYO®, the only FDA-approved treatment for IgA nephropathy to significantly reduce the loss of kidney function

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Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) announced FDA approval of TARPEYO (budesonide) to reduce kidney function loss in adults with primary IgAN. TARPEYO is the first fully FDA-approved treatment for IgAN based on a measure of kidney function, showing a 50% reduction in kidney function deterioration in TARPEYO-treated patients compared to placebo-treated patients over a 2-year period.
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  • TARPEYO is the first fully FDA-approved treatment for IgAN based on a measure of kidney function, marking a significant milestone in the treatment of the disease.
  • The Phase 3 NefIgArd clinical trial data showed a 50% reduction in kidney function deterioration in TARPEYO-treated patients compared to placebo-treated patients over a 2-year period.
  • TARPEYO demonstrated sustained reductions in proteinuria and a clinically significant reduction in the loss of eGFR, highlighting its potential as a disease-modifying agent in IgAN.
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  • None.

Insights

The FDA's approval of TARPEYO for the treatment of IgAN marks a significant advancement in the field of nephrology. This approval is based on the Phase 3 NefIgArd clinical trial, which demonstrated a statistically significant benefit in slowing the decline of kidney function, as measured by eGFR. The results indicate a 50% reduction in the deterioration of kidney function in patients treated with TARPEYO compared to those receiving a placebo. This is particularly noteworthy given the chronic nature of IgAN and the limited treatment options previously available.

From a medical perspective, the ability of TARPEYO to reduce the production of pathogenic galactose-deficient IgA1 antibodies addresses an underlying cause of IgAN. This immunomodulatory approach may offer a disease-modifying strategy, which is a departure from symptomatic treatments. The sustained reduction in proteinuria, even after the cessation of the drug, suggests a potentially lasting impact on the disease's progression.

For stakeholders, the approval of TARPEYO could lead to increased demand for Calliditas Therapeutics' product, potentially improving the company's financial performance. However, the cost of treatment and the management of adverse reactions, such as peripheral edema and hypertension, are factors that may influence the drug's adoption in clinical practice. It is also important to consider the long-term safety profile of TARPEYO, as chronic use of corticosteroids can lead to systemic effects such as hypercorticism and adrenal suppression.

The FDA's full approval of TARPEYO for IgAN patients is a pivotal event for Calliditas Therapeutics, likely to have a positive impact on the company's stock valuation. The approval expands the drug's market potential beyond those with elevated proteinuria levels to all adults at risk of disease progression, broadening the patient population eligible for treatment. The company's exclusive distribution partnership with Biologics by McKesson and the financial aid programs could enhance market penetration and patient access, potentially leading to increased revenue streams.

Investors should note the 97% of patients paying less than $10 per prescription under the TARPEYO Touchpoints® program, which could affect the drug's profitability margins but may also drive volume growth. The long-term financial impact will depend on the drug's uptake in the market, competitive dynamics and the ability of Calliditas to leverage this approval for further international expansion.

It is also critical to monitor post-marketing safety data and real-world efficacy, as these factors can influence prescribing habits and payer reimbursement decisions. The unique position of TARPEYO as the first FDA-approved treatment for IgAN based on kidney function provides a competitive edge, but the company must navigate the complex landscape of drug pricing and reimbursement to capitalize on this opportunity.

The approval of TARPEYO by the FDA represents a notable development within the pharmaceutical industry, particularly in the rare disease sector. Calliditas Therapeutics has achieved a milestone by providing the first treatment option for IgAN that has demonstrated a significant impact on kidney function. This approval could serve as a case study for other companies developing treatments for rare diseases, emphasizing the importance of targeting underlying disease mechanisms.

The drug's unique mechanism of action as a B-cell immunomodulator and the robust clinical trial data provide a strong value proposition to healthcare providers. The pharmaceutical industry often faces challenges in rare disease treatment due to small patient populations, but TARPEYO's approval may encourage further investment in research and development for similar conditions.

As the only FDA-approved treatment for IgAN, TARPEYO sets a precedent for regulatory success based on kidney function measures rather than just proteinuria. This could influence future drug development and approval strategies within the nephrology space. The industry will closely watch Calliditas' commercial strategy and patient support programs, as these will be critical in determining the drug's market success and potential to set pricing benchmarks for future treatments.

STOCKHOLM, Dec. 20, 2023 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas"), today announced that the U.S. Food and Drug Administration (FDA) has approved TARPEYO (budesonide) delayed release capsules to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy (IgAN) at risk for disease progression. TARPEYO was first approved in December 2021 under accelerated approval, based on the surrogate marker of proteinuria. Marking a significant milestone, TARPEYO is now the first fully FDA-approved treatment for IgAN based on a measure of kidney function.

  • TARPEYO (investigational name NEFECON) is the only FDA-approved treatment for IgAN to significantly reduce the loss of kidney function.           
  • TARPEYO is now approved with a confirmed and statistically significant benefit over placebo (p<0.0001) in estimated glomerular filtration rate (eGFR) over the two-year period that consisted of 9 months of treatment with TARPEYO plus optimized renin-angiotensin system inhibitor (RASi) or placebo and optimized RASi and 15 months of follow-up off study drug.
  • At 2 years, there was a 6.11 mL/min/1.73 m2 decline in eGFR in the TARPEYO group compared with a 12.0 mL/min/1.73 m2 decline in the placebo group (p<0.0001), representing 50% less deterioration of kidney function in TARPEYO-treated patients compared to placebo-treated patients over the 2-year period.
  • TARPEYO is a B-cell immunomodulator designed to target a source of the disease and reduce the production of pathogenic galactose-deficient IgA1 antibodies, which cause IgAN.1-3
  • Significant proteinuria reduction achieved with TARPEYO plus RASi at 9 months was durable and maintained throughout the 15-month off-drug period.
  • The FDA approval is for adults with primary IgAN who are at risk of disease progression, irrespective of proteinuria levels.

"The evidence of sustained reductions in proteinuria and a clinically significant reduction in the loss of eGFR, which can help slow the progression towards dialysis or transplant care, highlights the potential of TARPEYO as a disease-modifying agent in IgAN," said Richard Lafayette, MD, FACP, Stanford Healthcare.  "TARPEYO provides physicians and patients an effective treatment option to help improve disease outcomes."

The approval is based on data from the Company's Phase 3 NefIgArd clinical trial, a randomized, double-blind, multicenter, study that assessed the efficacy and safety of TARPEYO dosed at 16 mg once daily versus placebo on a background of optimized RASi therapy in adult patients with primary IgAN.

"We are thrilled that adult IgAN patients at risk for progression in the United States can now have access to this pioneering treatment option that could help preserve their kidney function and, hence, impact the progression of their disease," said Renee Aguiar-Lucander, CEO of Calliditas. "This medicine was specifically developed to target an underlying cause of IgAN, and I would like to express my gratitude to the Calliditas team, study investigators, and most importantly, the patients and caregivers who made this significant milestone possible. I am incredibly proud of the team's unwavering commitment to the goal of preventing end-stage renal disease in patients with this challenging rare disease."

TARPEYO was generally well-tolerated in the Phase 3 NefIgArd clinical trial. The most common adverse reactions (≥5%) in this study were peripheral edema, hypertension, muscle spasms, acne, headache, URT infection, face edema, weight increased, dyspepsia, dermatitis, arthralgia, and white blood cell count increased. Please see Important Safety Information below.

"This first-ever IgAN treatment to get a full approval based on kidney function represents a beacon of hope for the entire IgA nephropathy community and signifies a critical step forward in the battle against IgAN," said Bonnie Schneider, director and cofounder of the IgAN Foundation. "The foundation is elated and personally this is so rewarding and validating after a near 20-year journey since founding this volunteer-run organization to raise awareness and promote research for IgAN."

TARPEYO is available exclusively through Calliditas specialty pharmacy, Biologics by McKesson. To get started with TARPEYO, prescribers must fill out a TARPEYO Touchpoints® Enrollment Form, which serves as a prescription. This Enrollment Form will connect patients with all the benefits provided by TARPEYO Touchpoints®, including financial aid programs that can eliminate or reduce out-of-pocket costs, assistance from our team of care navigators, pharmacists, and nurse educators; and the convenience of at-home, next-day delivery. At Calliditas, we believe that the cost of treatment should never be a barrier to care. With TARPEYO Touchpoints®, 97% of patients taking TARPEYO have paid less than $10 per prescription, and 88% have paid nothing at all.

Indication
TARPEYO is indicated to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy (IgAN) who are at risk for disease progression.

Important Safety Information
Contraindications: TARPEYO is contraindicated in patients with hypersensitivity to budesonide or any of the ingredients of TARPEYO. Serious hypersensitivity reactions, including anaphylaxis, have occurred with other budesonide formulations.

Warnings and Precautions
Hypercorticism and adrenal axis suppression: When corticosteroids are used chronically, systemic effects such as hypercorticism and adrenal suppression may occur. Corticosteroids can reduce the response of the hypothalamus-pituitary-adrenal (HPA) axis to stress. In situations where patients are subject to surgery or other stress situations, supplementation with a systemic corticosteroid is recommended. When discontinuing therapy or switching between corticosteroids, monitor for signs of adrenal axis suppression.

Patients with moderate to severe hepatic impairment (Child-Pugh Class B and C respectively) could be at an increased risk of hypercorticism and adrenal axis suppression due to an increased systemic exposure to oral budesonide. Avoid use in patients with severe hepatic impairment (Child-Pugh Class C). Monitor for increased signs and/or symptoms of hypercorticism in patients with moderate hepatic impairment (Child-Pugh Class B).

Risks of immunosuppression: Patients who are on drugs that suppress the immune system are more susceptible to infection than healthy individuals. Chickenpox and measles, for example, can have a more serious or even fatal course in susceptible patients or patients on immunosuppressive doses of corticosteroids. Avoid corticosteroid therapy in patients with active or quiescent tuberculosis infection; untreated fungal, bacterial, systemic viral, or parasitic infections, or ocular herpes simplex. Avoid exposure to active, easily-transmitted infections (e.g., chicken pox, measles). Corticosteroid therapy may decrease the immune response to some vaccines.

Other corticosteroid effects: TARPEYO is a systemically available corticosteroid and is expected to cause related adverse reactions. Monitor patients with hypertension, prediabetes, diabetes mellitus, osteoporosis, peptic ulcer, glaucoma or cataracts, or with a family history of diabetes or glaucoma, or with any other condition where corticosteroids may have unwanted effects.

Adverse reactions: In clinical studies, the most common adverse reactions with TARPEYO (occurring in ≥5% of TARPEYO treated patients, and ≥2% higher than placebo) were peripheral edema (17%), hypertension (12%), muscle spasms (12%), acne (11%), headache (10%), upper respiratory tract infection (8%), face edema (8%), weight increased (7%), dyspepsia (7%), dermatitis (6%), arthralgia (6%), and white blood cell count increased (6%).

Drug interactions: Budesonide is a substrate for CYP3A4. Avoid use with potent CYP3A4 inhibitors, such as ketoconazole, itraconazole, ritonavir, indinavir, saquinavir, erythromycin, and cyclosporine. Avoid ingestion of grapefruit juice with TARPEYO. Intake of grapefruit juice, which inhibits CYP3A4 activity, can increase the systemic exposure to budesonide.

Use in specific populations
Pregnancy: The available data from published case series, epidemiological studies, and reviews with oral budesonide use in pregnant women have not identified a drug-associated risk of major birth defects, miscarriage, or other adverse maternal or fetal outcomes. There are risks to the mother and fetus associated with IgAN. Infants exposed to in-utero corticosteroids, including budesonide, are at risk for hypoadrenalism.

Please see Full Prescribing Information.

About TARPEYO
TARPEYO is an oral 4mg delayed release formulation of budesonide, designed to remain intact until it reaches the ileum. Each capsule contains coated beads of budesonide that target mucosal B-cells present in the ileum, including the Peyer's patches, which are responsible for the production of galactose-deficient IgA1 antibodies (Gd-Ag1) causing IgA nephropathy. 1-3

About the NeflgArd Study
NefIgArd was a global, Phase 3, randomized, double-blind, placebo-controlled, multicenter study to evaluate the efficacy and safety of TARPEYO 16 mg once daily vs placebo in adult patients with primary IgAN (N=364) as an addition to optimized RASi therapy. Patients were randomized 1:1 to receive 16 mg/day oral capsules of TARPEYO or matching placebo for 9 months, followed by a 15-month observational follow-up period without the study drug.

The primary efficacy endpoint was time-weighted average of eGFR over 2 years. The time-weighted average of eGFR over 2 years showed a statistically significant treatment benefit with TARPEYO versus placebo (difference 5•05 mL/min per 1•73 m² [95% CI 3•24 to 7•38], p<0•0001).

The favorable effect of TARPEYO on eGFR was seen by Month 3 (the earliest assessment) and did not appear to increase in magnitude over two years.  At the end of Year 2, there was a 5.9 mL/min/1.73 m2 difference in the mean change from baseline in eGFR between TARPEYO and placebo (95% CI: 3.3 to 8.5 mL/min/1.73 m2; p<0.0001). The effect on kidney function seen during the 9-month treatment period persisted following completion of treatment through the end of the study but the overall effect on the long-term rate of decline has not been established.

The most common adverse reactions with TARPEYO (occurring in ≥5% of TARPEYO treated patients and ≥2% higher than placebo) were peripheral edema (17%), hypertension (12%), muscle spasms (12%), acne (11%), headache (10%), upper respiratory tract infection (8%), face edema (8%), weight increase (7%), dyspepsia (7%), dermatitis (6%), arthralgia (6%), and white blood cell count increase (6%).

About Primary Immunoglobulin A Nephropathy
Primary immunoglobulin A nephropathy (IgAN or Berger's Disease) is a rare, progressive, chronic autoimmune disease that attacks the kidneys and occurs when galactose-deficient IgA1 is recognized by autoantibodies, creating IgA1 immune complexes that become deposited in the glomerular mesangium of the kidney.2,4 This deposition in the kidney can lead to progressive kidney damage and potentially a clinical course resulting in end- stage renal disease. IgAN most often develops between the late teens and late 30s.2,5

CONTACT:
For further information, please contact:
Åsa Hillsten, Head of IR and Sustainability, Calliditas
Tel.: +46 76 403 35 43, email: asa.hillsten@calliditas.com

The information in the press release is information that Calliditas is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact person set out above, on December 20, 2023 at 22:15 p.m. CET.

The following files are available for download:

https://mb.cision.com/Main/16574/3897482/2509311.pdf

CALT_TARPEYO_PDUFA_PR_ENG

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SOURCE Calliditas Therapeutics

FAQ

What is the significance of the FDA approval of TARPEYO for Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX)?

The FDA approval of TARPEYO is significant as it marks the first fully FDA-approved treatment for IgAN based on a measure of kidney function, providing hope for patients with the disease.

What were the results of the Phase 3 NefIgArd clinical trial for TARPEYO?

The Phase 3 NefIgArd clinical trial data showed a 50% reduction in kidney function deterioration in TARPEYO-treated patients compared to placebo-treated patients over a 2-year period.

What is the indication for TARPEYO?

TARPEYO is indicated to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy (IgAN) who are at risk for disease progression.

What are the common adverse reactions associated with TARPEYO?

The most common adverse reactions with TARPEYO were peripheral edema, hypertension, muscle spasms, acne, headache, upper respiratory tract infection, face edema, weight increased, dyspepsia, dermatitis, arthralgia, and white blood cell count increased.

Where is TARPEYO available?

TARPEYO is available exclusively through Calliditas specialty pharmacy, Biologics by McKesson.

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