Nuvectis Gets FDA Orphan Designation for NXP800 in Cholangiocarcinoma
By Colin Kellaher
Nuvectis Pharma has won a key U.S. Food and Drug Administration designation for its proposed treatment for a rare but aggressive form of bile-duct cancer.
The clinical-stage biopharmaceutical company on Thursday said the FDA granted orphan-drug designation to NXP800 for the treatment of cholangiocarcinoma.
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.
Nuvectis said cholangiocarcinoma accounts for about 3% of all gastrointestinal malignancies, with an annual incidence of 8,000 to 10,000 in the U.S.
The company is currently studying the clinical activity of NXP800 in a Phase 1b trial in patients with platinum resistant, ARID1a-mutated ovarian carcinoma.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 17, 2023 08:41 ET (12:41 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
5 Things We Learned From the Q1 Earnings Season
-
After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
What’s Happening In the Markets This Week
-
Can the Fed Declare Victory on Inflation?
-
Going Into Earnings, Is Nvidia Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Arista Stock a Buy, a Sell, or Fairly Valued?
-
A Cheap Dividend Aristocrat to Buy Before It Bounces Back
-
Alibaba Earnings: More Positive Outlook Despite Mixed Results
-
After Earnings and a 56% Rally In 2024, Is Arm Stock a Buy, a Sell, or Fairly Valued?
-
How Morningstar Rates Stocks
-
After Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?
-
Home Depot Earnings: Macro Factors Pinch Demand, but Long-Term Outlook Intact