Transcend Therapeutics, a clinical-stage biotechnology company that develops medicines to treat neuropsychiatric diseases, announced on Thursday that the US Food & Drug Administration (FDA) has granted Breakthrough Therapy designation to TSND-201 (methylone) for the treatment of Post-Traumatic Stress Disorder (PTSD).
Breakthrough Therapy designation is granted if preliminary clinical evidence shows that a treatment may demonstrate substantial improvement over available therapy.
The Breakthrough Therapy designation is based on the positive results from IMPACT-1, a randomised, placebo-controlled, Phase 2 clinical trial evaluating TSND-201, a rapid-acting neuroplastogen, for the treatment of PTSD. IMPACT-1 was a randomised, placebo-controlled Phase 2 trial of 65 patients with severe PTSD. The company says that TSND-201 achieved rapid, robust and durable improvements in PTSD symptoms. Statistically significant and clinically meaningful symptom improvements occurred by Day 10 (-8.00 placebo-adjusted CAPS-5 improvement) with effects sustained through Day 64 (-9.64 placebo-adjusted CAPS-5 improvement). TSND-201 was well tolerated, with no hallucinations or discontinuations due to adverse events.
BioMarin completes Alesta Therapeutics acquisition
BioViva receives US patent for Klotho gene therapy targeting age-related cognitive decline
AstraZeneca completes global licence agreement for Zegfrovy
NeuroSense reveals strategy to advance PrimeC toward potential ALS approval
UCB agrees with US government to lower medicine costs and strengthen US manufacturing
Karyopharm seeks accelerated FDA approval for selinexor–ruxolitinib in myelofibrosis
Lilly to acquire Merida Biosciences in USD2.875bn deal
Harvest Integrated Research Organization signs MoU with Differentia Biotech
Ascletis Pharma Inc doses first participant in global Phase III clinical programme of ASC30
Zambon receives European Commission approval for Hopledo in Parkinson's disease
Kazia Therapeutics reports 100% clinical benefit rate in initial paxalisib breast cancer trial
SpyGlass Pharma opens new HQ in Irvine, California
AusperBio completes USD120m Series C financing to advance AHB-137