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AZN AstraZeneca PLC

77.13
0.09 (0.12%)
Pre Market
Last Updated: 10:28:15
Delayed by 15 minutes
Name Symbol Market Type
AstraZeneca PLC NASDAQ:AZN NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.09 0.12% 77.13 77.01 77.05 6,743 10:28:15

Ionis, AstraZeneca Get FDA Orphan Designation for Eplontersen

24/01/2022 1:09pm

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By Colin Kellaher

 

Ionis Pharmaceuticals Inc. and AstraZeneca PLC on Monday said the U.S. Food and Drug Administration granted orphan-drug designation to their investigational antisense drug eplontersen for the treatment of transthyretin-mediated amyloidosis, a systemic, progressive and fatal condition.

The companies said eplontersen, currently in Phase III studies for amyloid transthyretin cardiomyopathy and amyloid transthyretin polyneuropathy, is designed to reduce the production of transthyretin to treat both hereditary and nonhereditary forms of transthyretin-mediated amyloidosis.

The FDA's orphan-drug program gives special status to drugs and biologics for diseases and disorders that affect fewer than 200,000 people in the U.S. and provides for an extended marketing exclusivity period against competition.

Ionis, a Carlsbad, Calif., pharmaceutical company, and Anglo-Swedish drugmaker AstraZeneca in December entered into a global development and commercialization agreement for eplontersen.

The companies said they expect hereditary amyloid transthyretin polyneuropathy will be the first indication for which they will seek regulatory approval for eplontersen, with a potential filing with the FDA by the end of the year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 24, 2022 07:54 ET (12:54 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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