Cellectis Gets Orphan Designation for Drug Used in Cancer Treatment
By Stephen Nakrosis
Cellectis said a drug it developed is used as part of a treatment regimen for certain leukemia patients received orphan drug designation from the Food and Drug Administration.
CLLS52, or alemtuzumab, is an investigational medicine product used as part of the lymphodepletion regimen associated with UCART22, a type of CAR T-cell therapy, Cellectis said on Thursday.
Chief Medical Officer Mark Frattini said its BALLI-01 study demonstrated the importance of adding alemtuzumab to the lymphodepletion regimen.
Orphan designation is given to drugs intended to treat a condition affecting fewer than 200,000 people in the U.S., or which won't be profitable within seven years following approval by the FDA, the agency said on its website. Benefits of gaining orphan drug designation include tax credits for qualified clinical trials, exemption from user fees and the potential for seven years of market exclusivity after approval, the FDA said.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
August 01, 2024 18:02 ET (22:02 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
New 4-Star Stocks
-
Morningstar’s Guide to Investing in Stocks
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage