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Ambit Cuts Price, Ups Shares; $65M IPO to Fund Quizartinib
The immunotherapy firm expects to use net proceeds to fund R&D activities, including a request for orphan drug designation for ADSX-HPV in human papillomavirus-associated diseases, and for working capital and general corporate purposesBy Jennifer Boggs | BioWorld Today | Friday, May 17, 2013 -
Gradalis' FANG Phase II Peek: Strong Data in Ovarian Cancer
In ovarian cancer as well as melanoma, FANG has been given orphan drug status by the FDA. (See BioWorld Today, March 12, 2012.) "The reason we're being a little bit more aggressive in moving forward with submitting a 'breakthrough' application is that our Phase I data were also very encouraging," and could become important in the bid to get the vaccine approved as quickly as possible, Nemunaitis saidBy Randy Osborne | BioWorld Today | Thursday, May 16, 2013 -
Erytech Pharma Goes Public in France with $21M IPO
It has orphan drug designation in the U.SBy Nuala Moran | BioWorld International | Wednesday, May 15, 2013 -
Erytech Pharma Goes Public in France with $21M IPO
It has orphan drug designation in the U.SBy Nuala Moran | BioWorld Today | Tuesday, May 14, 2013 -
FDA Submissions, Approvals & Other Actions: April 2013
orphan drug designation 4/24/13 DIABETES pSivida Corp. (Watertown, Mass.) and Alimera Sciences Inc. (Atlanta) Iluvien Fluocinolone acetonide intravitreal implant Chronic diabetic macular edema Submitted its response to the FDA's second complete response letter 4/2/13 GASTROINTESTINAL Sucampo Pharmaceuticals Inc. (Bethesda, Md.) Amitiza Lubiprostone Opioid-induced constipation FDA approved it in patients with chronic, noncancer pain 4/24/13 INFECTION BioAlliance Pharma SA (Paris) SitavigBioWorld Insight | Monday, May 13, 2013 -
Week in Review
said the European Commission granted orphan drug designation to multityrosine kinase inhibitor lenvatinib for the treatment of follicular and papillary thyroid cancerBioWorld Insight | Monday, May 13, 2013 -
Other News To Note
Jennerex Biotherapeutics Inc., of San Francisco, said the FDA granted orphan drug status for Pexa-Vec (JX-594, pexastimogene devacirepvec) for the treatment of hepatocellular carcinoma (HCCBioWorld Today | Friday, May 10, 2013 -
Pharma: Other News To Note
Eisai Inc., of Woodcliff Lake, N.J., said the European Commission granted orphan drug designation to multityrosine kinase inhibitor lenvatinib for the treatment of follicular and papillary thyroid cancerBioWorld Today | Wednesday, May 8, 2013 -
Other News To Note
Hyperion Therapeutics Inc., of South San Francisco, said the FDA notified the firm that Ravicti (glycerol phenylbutyrate) qualified for orphan drug exclusivity, giving the product exclusivity on the market for seven years from the date of approval on Feb. 1BioWorld Today | Friday, May 3, 2013 -
Capital Royalty's $805M Fund: Sifting Through Surplus of Deals
Diabetes is another area of interest for Capital, Düster said, as well as the smaller or mid-cap companies developing orphan drugsBy Randy Osborne | BioWorld Today | Friday, May 3, 2013 -
Other News To Note
The FDA approved Cystaran in October 2012 and granted the product orphan drug status...On Tuesday, the FDA also approved Raptor Pharmaceutical Corp.'s orphan drug Procysbi (RP103, cysteamine bitartrate delayed-release) to treat the larger indication of nephropathic cystinosis. (See BioWorld Today, May 1, 2013BioWorld Today | Thursday, May 2, 2013 -
FDA Gives its Nod to Procysbi; Raptor Ascends
The FDA put some lift under the wings of Raptor Pharmaceutical Corp., approving the orphan drug Procysbi (RP103, cysteamine bitartrate delayed-release) on its PDUFA date in the initial indication of nephropathic cystinosis (NC...and $100,000 per patient per year ex-U.S., based on Raptor's comments suggesting a pricing premium to Cystagon and the inverse relationship between orphan drug pricing and patient prevalenceBy Marie Powers | BioWorld Today | Wednesday, May 1, 2013 -
Clinic Roundup
TikoMed AB, of Viken, Sweden, initiated a Phase I/II study of orphan drug candidate TM-400, designed to improve the outcome of hematopoietic stem cell transplantation in hematological cancers such as multiple myeloma and non-Hodgkins lymphomaBioWorld Today | Tuesday, April 30, 2013 -
Orphan Drugs Market Becoming Major Business for Industry
Last year alone orphan drug sales increased 7.1 percent to $83 billion from the previous year...Of the orphan drugs in the pipeline, the report indicates that elotuzumab (AbbVie/Bristol-Myers Squibb Co.) indicated in multiple myeloma is the most valuable.By Peter Winter | BioWorld Insight | Monday, April 29, 2013 -
BioPeople: aTyr's Mendlein Keeps Sights on New Biology
As one session attendee was overheard explaining to another as they left the orphan drug session, Mendlein is a rare combination of PhD and JDBy Jennifer Boggs | BioWorld Today | Wednesday, April 24, 2013 -
Broken China Seeks to Mend, but Still Far from Home Plate
On the subject of orphan drugs, Weihong said, the CFDA is "still doing research about policy-makingBy Randy Osborne | BioWorld International | Wednesday, April 24, 2013 -
Clinic Roundup
Designed to alter the splicing of a closely related gene to increase production of fully functional SMN protein, ISIS-SMNRx was granted orphan drug status and fast-track designation in the U.S. Under the terms of a 2012 agreement, Isis is responsible for global development and Biogen has the option to license the compound until completion of the first successful Phase II/III study. (See BioWorld Today, Jan. 5, 2012BioWorld Today | Wednesday, April 24, 2013 -
TiGenix Stem Cell Therapy Helps Refractory RA Patients
The main options are to take Cx611 forward into a Phase IIb trial in refractory rheumatoid arthritis, do a Phase IIb in a less-difficult-to-treat rheumatoid arthritis population, or to segue into a study in lupus or another autoimmune disease where it would be possible to get orphan drug statusBy Nuala Moran | BioWorld Today | Wednesday, April 24, 2013 -
TiGenix Stem Cell Therapy Helps Refractory RA Patients
The main options are to take Cx611 forward into a Phase IIb trial in refractory rheumatoid arthritis, do a Phase IIb in a less-difficult-to-treat rheumatoid arthritis population, or to segue into a study in lupus or another autoimmune disease where it would be possible to get orphan drug statusBy Nuala Moran | BioWorld International | Wednesday, April 24, 2013 -
Orphan Drugs Continue to Captivate Industry's Attention
This surge in R&D on orphan drugs will fuel a rapid growth in the worldwide orphan drug market, which is predicted to hit $127 billion by 2018, accounting for nearly 16 percent of total prescription drug sales...Among the orphan drugs in the pipeline, the report contended that elotuzumab (AbbVie, Bristol-Myers Squibb Co.) indicated in multiple myeloma is the most valuable.By Peter Winter | BioWorld Today | Wednesday, April 24, 2013
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