The United States Food and Drug Administration (US FDA) has granted Orphan Drug designation to United States-based Acceleron Pharma's Sotatercept intended for the treatment of patients with pulmonary arterial hypertension (PAH) a rare and chronic, rapidly progressing disorder characterised by the constriction of small pulmonary arteries and elevated blood pressure in the pulmonary circulation, it was reported yesterday.
Orphan designation is granted by the US FDA Office of Orphan Products Development to advance the assessment and development of safe and effective therapies for the treatment of rare diseases or conditions affecting fewer than 200,000 people in the US. According to the Orphan Drug Act, the US FDA is likely to provide grant funding toward clinical trial costs, tax advantages, FDA user-fee benefits, and seven years of market exclusivity in the US following the FDA's marketing approval.
The product is being assessed in two Phase two trials in patients with PAH: the PULSAR trial, which completed its target enrolment in June 2019 and the SPECTRA exploratory trial, which is presently enrolling. The company expects to report top-line results from the PULSAR trial during the first quarter of 2020.
Biophytis secures Brazilian funding and partnerships for obesity Phase 2 trial
Phrontline Biopharma doses first patient in TJ101 Phase 1 clinical trial
Gene Solutions' mitochondrial therapy platform targeting neurological diseases secures patent
Zhimeng Biopharma's investigational drug gains Phase 2 epilepsy clinical trial approval in China
Avidity Biosciences prices upsized common stock public offering
Sanofi's SAR402663 granted FDA fast track designation for wet AMD
Endo to share PFI and PFA data at American Orthopaedic Foot & Ankle Society Annual Meeting
Diamyd Medical secures Eurasian patent for insulin-based antigen therapy in type 1 diabetes
Sobi's Biologics License Application for NASP in uncontrolled gout accepted by FDA
Hydrosome Labs announces promising fermentation breakthrough with ultrafine bubbles
Ionis receives FDA Breakthrough Therapy designation for ION582 in Angelman syndrome
AMO Pharma signs licence agreement with PHRI and Venca Research Inc to advance new study in ARVC
Saol Therapeutics receives US FDA Complete Response Letter for SL1009 (DCA) in PDCD