She now thinks it could be done in months, thanks to a new
initiative by the U.S. Food and Drug Administration to use medical
device-based treatments, diagnostic tests and mobile medical apps to
address the country's opioid crisis.
When President Donald Trump declared a public health emergency over
the abuse of heavy-duty painkillers like oxycodone and hydrocodone,
he ordered all government agencies to take action in response to the
death of 70,000 Americans last year from opioid overdoses.
The FDA told Reuters it has received over 200 submissions from
companies seeking a speedy approval process for their devices. These
range from Stimwave's Halo to painkilling products made by Abbott
Laboratories and other industry heavyweights as an alternative to
opioids.
"We're pleased by the robust interest in this innovation challenge
and the acknowledgement from developers about the unique and
important role medical devices, including digital health
technologies like mobile medical apps, have the potential to play in
tackling the opioid crisis," FDA Commissioner Scott Gottlieb said.
Perryman's Halo devices, which look like angel hair pasta and are so
small they can be injected into a nerve, took four years to get U.S.
approval under other names for easing leg and back pain.
She hopes a spot on the FDA program will see Halo approved within a
year as an alternative to opioids, which are currently used to treat
an estimated 50 percent of patients who come to emergency rooms with
migraines.
"This is kind of perfect for something like ours...since the device
is shown to be safe already," said Perryman, who founded
privately-held Stimwave in South Florida seven years ago.
The FDA has been increasingly reluctant to greenlight new opioids
for market but earlier this month approved a potent opioid-based
painkiller from AcelRx Pharmaceuticals Inc placing tight
restrictions on its distribution and use. In a rare move, Gottlieb
made a public statement at the time, explaining the decision.
The regulator's push for alternatives to opioids has helped drive
interest from venture capital funds and institutional investors this
year in firms promising to develop alternatives, according to
interviews with device companies, financial services firms and
brokerage Cowen & Co.
For example, privately-held Virpax Pharmaceuticals, which makes an
aerosol spray that delivers a non-opioid pain drug, said it had four
or five banks interested in running its Series A investment round
this summer versus just one in the past.
STIMULATION
Abbott, like rivals Boston Scientific Corp and Nevro Corp, makes
neuromodulation implants which stimulate the nervous system to mask
pain signals before they reach the brain.
Abbott has submitted an entry for the competition in the hope it
will slash waiting times, which often stretch several months just to
get an initial meeting, according to Dr. Allen Burton, Abbott's
medical director of neuromodulation.
"Devices that are part of this (program) will be streamlined...
their meeting will go to the top of the pile," said Burton.
While neuromodulation is only a small part of Abbott's large medical
device business, the unit is seen as a growth engine for the
company. Burton estimates between 10-to-20 percent of the growth
Abbott has seen in its neuromodulation business could be tied to
doctors prescribing its devices for pain after surgery or from
injury to patients that are opioid averse.
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Boston Scientific did not apply for the contest, but the company is
investing "heavily" in its neuromodulation unit, which was its
fastest-growing at nearly 23 percent in the latest quarter,
according to Maulik Nanavaty, senior vice president at the device
maker.
"We continue to make external investments in early (neuromodulation)
technology," he told Reuters.
To be sure, these devices are not seen as a silver bullet for opioid
addiction. Nirad Jain, a partner at consulting firm Bain & Co,
believes many of the solutions on the table are just tinkering at
the edges of a problem that needs to be solved by doctors simply
settling for fewer or less potent opioids.
ADDICTION
Academics and charitable groups dealing with the social fallout of
the crisis say the bulk of the rise in deaths stems from misuse of
prescription painkillers. That has put the onus on regulators in
September to issue new rules cracking down on prescribing by
doctors.
"The goal is that these guidelines will provide evidence-based
information on the proper number of opioid doses that should be
dispensed," Gottlieb said in a statement at the time.
"Our goal is to help prevent patients from becoming addicted by
decreasing unnecessary or inappropriate exposure to opioids."
Although the FDA contest is limited to devices and app-based
solutions for pain and addiction, the current regulatory climate is
also conducive to companies developing opioid-alternative
pharmaceuticals.
Drugmakers including Pfizer Inc, Eli Lilly and Co, Regeneron
Pharmaceuticals Inc and Teva Pharmaceutical Industries Inc have been
packing their pipelines with potential solutions to the crisis and
there are 120 non-opioid drugs under FDA review this year, up some
650 percent since 2013, according to business intelligence firm
Informa.
(For non-opioid drug applications surge interactive, click
https://tmsnrt.rs/2ReUI2H)
Privately-held SPR Therapeutics Inc told Reuters it has entered its
"temporary" neuromodulation device in the contest. Similarly to
Stimwave's, its product is implanted into the body but can be
surgically removed after about two months. Josh Boggs, a senior
executive at the company, expects to get quicker feedback from the
FDA and shorter review times in the wake of the crisis.
After years in the business, he believes the crisis has increased
the agency's desire to collaborate with medical technology companies
like his.
"I feel like (FDA) people are coming well prepared to meetings and
are very engaged in it. It feels like an atmosphere that's conducive
to finding a solution," he said.
(Reporting by Tamara Mathias in Bengaluru; editing by Patrick Graham
and Edward Tobin)
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