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Orphan Drug Designation offered by US FDA to BCMA CAR-T cell therapy co-developed by Innovent Biologics and IASO Bio

Orphan Drug Designation offered by US FDA to BCMA CAR-T cell therapy co-developed by Innovent Biologics and IASO Bio

The US Food and Drug Administration’s (FDA) Office of Orphan Products Development (OOPD) has formally granted Orphan Drug Designation (ODD) to Innovent Biologics's fully-human B-Cell Maturation Antigen (BCMA)-targetted Chimeric Antigen Receptor (CAR) T-cell therapy. According to a statement, the therapy is used for the treatment of patients with relapsed/refractory multiple myeloma (R/R MM), Innovent Biologics.

It also said that ODD will accelerate drug development and registration action in the US. IBI326 will be eligible for certain development incentives, including FDA support for clinical studies, a waiver or reduction of registration application fee, and a seven-year US market exclusivity granted upon product approval. In February 2021, IBI326 was granted Breakthrough Therapy Designation by China’s National Medical Products Administration (NMPA) for the treatment of R/R MM.

Dr Wen Wang, Chief Executive Officer and Chief Medical Officer, IASO Bio, in the statement, said, “FDA approval of ODD to CT103A is of great significance to patients with multiple myeloma and represents the FDA’s recognition of CT103A and the clinical data provided by IASO Bio.”

He added, “Currently, our team is advancing the clinical development of CT103A to the four dimensions of strategy including frontline therapy, combination therapies, indication expansion and ex-China development. We are looking forward to the launch of CT103A both in China and the US as soon as possible to offer living-saving treatment option to more patients.

More news about: biotechnology | Published by Darshana | February - 17 - 2022 | 633

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