Melinta Therapeutics Acquires U.S. Rights to TOPROL-XL® (metoprolol succinate) from New American Therapeutics

Melinta Therapeutics Acquires U.S. Rights to TOPROL-XL® (metoprolol succinate) from New American Therapeutics

April 6, 2022

Melinta Therapeutics Acquires U.S. Rights to TOPROL-XL® (metoprolol succinate) from New American Therapeutics

Press Release

Melinta Therapeutics Acquires U.S. Rights to TOPROL-XL® (metoprolol succinate) from New American Therapeutics

MORRISTOWN, N.J., Apr. 6, 2022 — Melinta Therapeutics, LLC (“Melinta”), a commercial-stage company providing innovative therapies for acute and life-threatening illnesses, announced today that it has acquired the U.S. rights to TOPROL-XL® (metoprolol succinate) and its Authorized Generic (AG) through an agreement between Melinta and New American Therapeutics Inc.

TOPROL-XL®, approved by the FDA in 1992, is a cardioselective beta-blocker indicated for the treatment of hypertension, alone or in combination with other antihypertensives; the long-term treatment of angina pectoris; and the treatment of stable, symptomatic (NYHA class II or III) heart failure of specific origins.

Said Christine Ann Miller, President and Chief Executive Officer, Melinta Therapeutics, “This acquisition immediately expands and diversifies our existing portfolio and serves as fuel for accelerating our long-term growth strategy and enhancing our profitability. We will continue to aggressively pursue portfolio expansion that aligns with our mission of providing innovative therapies for acute and life-threatening illnesses.”

“We are extremely proud of our work to provide access to this life saving medication,” said Michael Anderson, CEO, New American Therapeutics. “Melinta shares this same commitment to patient access. And they demonstrate that commitment through an impressive supply chain and distribution network that ensures this medication will continue to be available for those patients who need it.”

Melinta has begun the integration process to bring TOPROL-XL® into the company’s existing production, distribution and commercialization structure to ensure this important medication will continue to be made available without interruption.

Terms of the transaction were not disclosed.

About Melinta Therapeutics

Melinta Therapeutics, LLC provides innovative therapies to people impacted by acute and life-threatening illnesses. Our portfolio currently includes five commercial-stage antibiotics: BAXDELA® (delafloxacin), KIMYRSA™ (oritavancin), MINOCIN® (minocycline) for Injection, ORBACTIV® (oritavancin), and VABOMERE® (meropenem and vaborbactam) and a commercial-stage cardiovascular product: TOPROL-XL® (metoprolol succinate). With an unsurpassed commitment to providers and the patients they serve, we work to ensure that all people who need our therapies can receive them. We focus our expanding portfolio on serving patients with an unmet need because that’s how we make the most meaningful impact. At Melinta, we’re visionaries dedicated to innovation while staying grounded in what matters most: patients. Visit www.melinta.com for more information.

TOPROL-XL® is a registered trademark of AstraZeneca Pharmaceuticals LP and is used with permission.

Contact Information:
Susan Blum
Chief Financial Officer
Melinta Therapeutics, LLC
908-617-1300
info@melinta.com

About TOPROL-XL® (metoprolol succinate)
TOPROL-XL® is a beta-adrenergic blocker indicated for the treatment of:

  • Hypertension, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and non-fatal cardiovascular events, primarily strokes and myocardial infarctions
  • Angina Pectoris
  • Heart Failure, to reduce the risk of cardiovascular mortality and heart failure hospitalizations in patients with heart failure

IMPORTANT SAFETY INFORMATION
Contraindications

  • Known hypersensitivity to product components.
  • Severe bradycardia: Greater than first degree heart block, or sick sinus syndrome without a pacemaker.
  • Cardiogenic shock or decompensated heart failure.

Warnings and Precautions

  • Abrupt cessation may exacerbate angina pectoris or myocardial ischemia. Reduce dosage gradually over a period of 1 to 2 weeks and monitor the patient. Warn patients not to discontinue without their physician’s advice.
  • Heart Failure: Worsening cardiac failure may occur during up-titration.
  • Bronchospastic Disease: Avoid beta blockers.
  • Bradycardia, including sinus pause, heart block, and cardiac arrest have occurred with the use of TOPROL-XL. Patients with first-degree atrioventricular block, sinus node dysfunction, conduction disorders (including Wolff- Parkinson-White) or on concomitant drugs that cause bradycardia (digitalis glycosides, clonidine, and diltiazem and verapamil) may be at increased risk. Monitor heart rate.
  • Pheochromocytoma: Initiate therapy with an alpha blocker.
  • Major Surgery: Avoid initiation of high-dose extended-release metoprolol in patients undergoing noncardiac surgery. Do not routinely withdraw chronic beta blocker therapy prior to surgery.
  • Diabetes and Hypoglycemia: May mask tachycardia occurring with hypoglycemia.
  • Thyrotoxicosis: Abrupt withdrawal in patients with thyrotoxicosis might precipitate a thyroid storm.
  • Peripheral Vascular Disease: Can precipitate or aggravate symptoms of arterial insufficiency.
  • Patients may be unresponsive to the usual doses of epinephrine used to treat an allergic reaction.

Adverse Reactions
Most common adverse reactions: tiredness, dizziness, depression, shortness of breath, bradycardia, hypotension, diarrhea, pruritus, rash.

Melinta Therapeutics Acquires U.S. Rights to TOPROL-XL® (metoprolol succinate) from New American Therapeutics

Melinta Therapeutics Announces Appointment of Peter Piliero as Vice President of Medical Affairs

March 14, 2022

Melinta Therapeutics Announces Appointment of Peter Piliero as Vice President of Medical Affairs

Press Release

Melinta Therapeutics Announces Appointment of Peter Piliero as Vice President of Medical Affairs

MORRISTOWN, N.J., Mar. 14, 2022 — Melinta Therapeutics, LLC (“Melinta”), a commercial-stage company providing innovative therapies for acute and life-threatening illnesses, announces the appointment of Dr. Peter Piliero as Vice President of Medical Affairs, effective today.

Dr. Piliero, an Infectious Disease specialist and global Medical Affairs leader, joins Melinta under the leadership of President and Chief Executive Officer Christine Ann Miller. In this role, Dr. Piliero will be responsible for the development and implementation of integrated medical plans for Melinta’s portfolio. Additionally, Dr. Piliero will help Melinta continue to stand out as a thought leader in the important conversations happening in scientific and medical communities today.

“As Melinta continues its legendary journey serving patients with critical, unmet needs, I am excited to welcome Pete to the team. With his depth of medical and scientific experience and proven track record leading high-performing teams, I know he’ll be an incredible asset in driving growth and guiding Melinta’s public discussions as we shape the future of acute care,” Ms. Miller said.

Dr. Piliero joins Melinta from GSK Consumer Healthcare, where he led Medical Affairs Americas. Prior to that role, he held significant clinical and leadership positions at Boehringer Ingelheim, Merck and Mallinckrodt. At these organizations, he led global Medical Affairs teams in various therapeutic areas, including Virology, Immunology, CNS, Metabolism and Women’s Health.

Prior to joining the pharmaceutical industry, Dr. Piliero was Associate Professor of Medicine at Albany Medical College. He practiced there for 11 years as an Infectious Disease and HIV specialist, providing patient care and directing the Clinical Pharmacology Studies Unit.

Since 2017, Dr. Piliero has been an active member of the Medical Affairs Professional Society. He is currently a member of the Board of Directors and the Vice Chair of the Executive Committee.

“I am honored to work alongside this truly committed team to achieve our vision – ensuring that all patients with life-threatening illnesses who need our innovative therapies will receive them,” Dr. Piliero said. “I look forward to developing and executing strategic medical plans, leading scientific communications, generating new evidence and ensuring trusted communications with external stakeholders to pave the way for improved patient outcomes.”

About Melinta Therapeutics

Melinta Therapeutics, LLC provides innovative therapies to people impacted by acute and life-threatening illnesses. Our portfolio currently includes five commercial-stage antibiotics: Baxdela® (delafloxacin), Kimyrsa™ (oritavancin), Minocin® (minocycline) for Injection, Orbactiv® (oritavancin), and Vabomere® (meropenem and vaborbactam). With an unsurpassed commitment to providers and the patients they serve, we work to ensure that all people who need our therapies can receive them. We focus our expanding portfolio on serving patients with an unmet need because that’s how we make the most meaningful impact. At Melinta, we’re visionaries dedicated to innovation while staying grounded in what matters most: patients. Visit our website for more information.

Melinta Contact Information
Susan Blum
Chief Financial Officer
Melinta Therapeutics
(312) 767-0296
info@melinta.com

 

Melinta Therapeutics Acquires U.S. Rights to TOPROL-XL® (metoprolol succinate) from New American Therapeutics

Melinta Therapeutics Announces Two Key Milestones Expanding Reimbursement and Access for KIMYRSA™ (oritavancin)

September 20, 2021

Melinta Therapeutics Announces Two Key Milestones Expanding Reimbursement and Access for KIMYRSA™ (oritavancin)

Businesswire

Melinta Therapeutics Announces Two Key Milestones Expanding Reimbursement and Access for KIMYRSA™ (oritavancin)

KIMYRSA™ Receives Product-Specific J-Code and Transitional Pass-Through Status from CMS

MORRISTOWN, N.J., Sept. 20, 2021 (Businesswire) — Melinta Therapeutics (Melinta), a commercial-stage company providing innovative therapies for acute and life-threatening illnesses, today announced two important milestones for KIMYRSA™ (oritavancin), a lipoglycopeptide antibiotic that was launched in July.

The Centers for Medicare & Medicaid Services (CMS) has issued a permanent product-specific J-code (J2406) for KIMYRSA Injection effective October 1, 2021. CMS has also granted transitional pass-through status for KIMYRSA in the Hospital Outpatient Department (HOPD) setting of care.1

KIMYRSA delivers a complete course of therapy for acute bacterial skin and skin structure infections (ABSSSI) in a single, one hour, 1,200 mg infusion. The U.S. Food and Drug Administration approved KIMYRSA on March 12, 2021, for the treatment of adult patients with ABSSSI caused by susceptible isolates of designated Gram-positive microorganisms, including methicillin-resistant Staphylococcus aureus (MRSA).

“We are thrilled to announce these two milestones that will expand reimbursement and access for KIMYRSA,” said Christine Ann Miller, Melinta’s President and Chief Executive Officer. “Melinta has an unsurpassed commitment to providing innovative therapies to patients with an unmet need. That’s why we intentionally designed KIMYRSA to provide patients with more flexibility and accessibility in ABSSSI treatment. These achievements are one more significant step toward our vision that all patients who need our therapies will be able to receive them.”

The unique J-code enables reimbursement for KIMYRSA in all outpatient treatment settings. Pass-through status is intended to protect Medicare beneficiaries’ access to innovative drugs, such as KIMYRSA, and ensures that KIMYRSA will be reimbursed at average sales price for three years, regardless of changes for other drugs.2 Drugs with pass-through status are not subject to the payment reduction applicable to drugs purchased through the 340B program.

Said John Harlow, Chief Commercial Officer for Melinta, “Having a unique J-code for KIMYRSA underscores the distinct value that KIMYRSA brings to the oritavancin franchise. The pass-through status helps ensure that access is not a barrier for our customers and their patients. Both of these milestones support our recent commercial launch of KIMYRSA by our experienced hospital sales team and further contribute to the commercial potential of this innovative product.”

For more information about KIMYRSA, visit www.kimyrsa.com.

KIMYRSATM INDICATION AND USAGE
KIMYRSATM (oritavancin) for injection is indicated for the treatment of adult patients with acute bacterial skin and skin structure infections (ABSSSI) caused or suspected to be caused by susceptible isolates of the following Gram-positive microorganisms: Staphylococcus aureus (including methicillin-susceptible [MSSA] and methicillin-resistant [MRSA] isolates), Streptococcus pyogenes, Streptococcus agalactiae, Streptococcus dysgalactiae, Streptococcus anginosus group (includes S. anginosus, S. intermedius, and S. constellatus), and Enterococcus faecalis (vancomycin-susceptible isolates only).

To reduce the development of drug-resistant bacteria and maintain the effectiveness of KIMYRSATM and other antibacterial drugs, KIMYRSATM should be used only to treat or prevent infections that are proven or strongly suspected to be caused by susceptible bacteria.
IMPORTANT SAFETY INFORMATION
Contraindications
Use of intravenous unfractionated heparin sodium is contraindicated for 120 hours (5 days) after KIMYRSATM administration because the activated partial thromboplastin time (aPTT) test results may remain falsely elevated for approximately 120 hours (5 days) after KIMYRSATM administration.

KIMYRSATM is contraindicated in patients with known hypersensitivity to oritavancin products.

Warnings and Precautions
Coagulation test interference: Oritavancin has been shown to artificially prolong aPTT for up to 120 hours, and may prolong PT and INR for up to 12 hours and ACT for up to 24 hours. Oritavancin has also been shown to elevate D-dimer concentrations up to 72 hours. For patients who require aPTT monitoring within 120 hours of KIMYRSATM dosing, consider a non-phospholipid dependent coagulation test such as a Factor Xa (chromogenic) assay or an alternative anticoagulant not requiring aPTT.

Serious hypersensitivity reactions, including anaphylaxis, have been reported with the use of oritavancin products including KIMYRSATM. Discontinue infusion if signs of acute hypersensitivity occur. Closely monitor patients with known hypersensitivity to glycopeptides.

Infusion Related Reactions: Infusion reactions characterized by chest pain, back pain, chills and tremor have been observed with the use of oritavancin products (e.g. KIMYRSA™), including after the administration of more than one dose of oritavancin during a single course of therapy. Stopping or slowing the infusion may result in cessation of these reactions.

Clostridioides difficile-associated diarrhea: Evaluate patients if diarrhea occurs.

Concomitant warfarin use: Oritavancin has been shown to artificially prolong PT/INR for up to 12 hours. Patients should be monitored for bleeding if concomitantly receiving KIMYRSATM and warfarin.

Osteomyelitis: Institute appropriate alternate antibacterial therapy in patients with confirmed or suspected osteomyelitis.

Prescribing KIMYRSATM in the absence of a proven or strongly suspected bacterial infection or a prophylactic indication is unlikely to provide benefit to the patient and increases the risk of development of drug-resistant bacteria.
Adverse Reactions
The most common adverse reactions (≥3%) in patients treated with oritavancin products were headache, nausea, vomiting, limb and subcutaneous abscesses, and diarrhea. The adverse reactions occurring in >2 patients receiving KIMYRSATM were hypersensitivity, pruritus, chills and pyrexia.

About Melinta Therapeutics

Melinta Therapeutics provides innovative therapies to people impacted by acute and life-threatening illnesses. Our portfolio currently includes five commercial-stage antibiotics: Baxdela® (delafloxacin), Kimyrsa™ (oritavancin), Minocin® (minocycline) for Injection, Orbactiv® (oritavancin), and Vabomere® (meropenem and vaborbactam). With an unsurpassed commitment to providers and the patients they serve, we work to ensure that all people who need our therapies can receive them. We focus our expanding portfolio on serving patients with an unmet need because that’s how we make the most meaningful impact. At Melinta, we’re visionaries dedicated to innovation while staying grounded in what matters most: patients. Visit www.melinta.com for more information.

Enquires

For more information on this topic, please contact Susan Blum, Chief Financial Officer by phone at +1 312 767-0296, or by email at info@melinta.com.

  1. Centers for Medicare & Medicaid Services. CMS website. MLN Matters MM11814 Revised July 2020. Update of the Hospital Outpatient Prospective Payment System (OPPS). https://www.cms.gov/files/document/mm11814.pdf. Accessed August 19, 2021; Centers for Medicare & Medicaid Services. CMS website. MLN Matters MM11842 Revised July 2020. Update of the Ambulatory Surgical Center Prospective Payment System (ASC). https://www.cms.gov/files/document/mm11842.pdf. Accessed August 19, 2021.
  2. H. Rep. No. 106-479, at 867 (1999); Social Security Act (SSA) § 1833(t)(6).

CONTACT INFORMATION:
Susan Blum
Chief Financial Officer
Melinta Therapeutics, LLC
+1 312 767-0296
info@melinta.com