Oncternal Therapeutics' TK216 Receives Orphan Drug Designation for the Treatment of Ewing Sarcoma, a Rare Pediatric Cancer
The FDA's Orphan Drug Designation program provides orphan status to drugs and biologics which meet certain criteria and treat, diagnosis or prevent rare diseases/disorders affecting fewer than 200,000 people in the U. S. Orphan designation qualifies the developing company for incentives such as tax credits and fee waivers.
"Ewing sarcoma is a rare pediatric cancer, and most patients who present with metastatic disease or fail first-line therapy face a poor prognosis. These young patients are in urgent need of better treatment options," said James Breitmeyer, M. D., Ph. D., Oncternal's President and CEO. "We are pleased to have support from the FDA through the Orphan Drug Designation program as we initiate our first clinical trial of TK216, treating relapsed or refractory Ewing sarcoma patients 12 years and older."
90% of Ewing sarcoma cases occur in patients between the ages of 5 and 25 years, and two thirds are found in those between 10 and 20 years of age. The median patient age is 15 years. Ewing sarcoma is a rare disease, with approximately 600-800 new cases diagnosed annually in the U. S., an incidence rate that has remained fairly constant over the last 30 years at nearly three cases per 1 million people. The 5-year survival rate for patients with localized disease is approximately 75%, but if the tumor has spread or metastasized at the time of diagnosis, the 5-year survival rate drops to 30%.
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