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NBIX Neurocrine Biosciences Inc

135.945
-0.755 (-0.55%)
Last Updated: 19:36:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Neurocrine Biosciences Inc NASDAQ:NBIX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.755 -0.55% 135.945 135.93 136.02 138.685 135.76 138.00 285,482 19:36:22

Neurocrine Biosciences Gets FDA Breakthrough Therapy Status for Genetic Disorder Treatment

05/12/2023 9:53pm

Dow Jones News


Neurocrine Biosciences (NASDAQ:NBIX)
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By Ben Glickman

 

Neurocrine Biosciences has received breakthrough therapy designation for its treatment for congenital adrenal hyperplasia from the U.S. Food and Drug Administration.

The San Diego-based biotechnology company said Tuesday it was on track to submit a new drug application for crinecerfont in the treatment of congenital adrenal hyperplasia, a genetic disorder, in 2024.

The company announced it was on track to advance two gene therapies into the clinic in 2025, and expects to have more than 20 development candidates by 2027.

Chief Medical Officer Eiry Roberts said the FDA designation for crinecerfont was an acknowledgement of the seriousness of congenital adrenal hyperplasia and the unmet need faced by patients.

Breakthrough therapy designation is given by the FDA to speed up development of treatments for serious conditions that show preliminary evidence of effectiveness.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

December 05, 2023 16:38 ET (21:38 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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