PTX-252, a novel molecular drug, has received an FDA orphan drug designation for the treatment of patients with acute myeloid leukemia.
An orphan drug designation has been granted by the FDA to PTX-252 for the treatment of patients with AML, according to Hyloris Pharmaceuticals.1
“Securing orphan drug designation for a product candidate incorporating a novel molecular entity not yet approved by any regulatory agency underscores our unwavering commitment to advancing the frontiers of scientific discovery within the repurposing space,” said Stijn Van Rompay, chief executive officer of Hyloris, in a press release.
Drugs are granted orphan drug designations from the FDA if they treat or prevent life-threatening rare diseases, including conditions that currently have no approved treatments. Drugs given orphan drug designation can provide a significant clinical benefit when compared with existing treatments.1
PTX-252 is a novel molecular drug which aims to improve the responsiveness and increase the sensitivity of cancer cells to chemotherapy with a molecular entity derived from an established molecule.
Pleco Therapeutics worked with Hyloris Pharmaceuticals SA for the development of PTX-252. Following his appointment in September 2023, Henno Welgemoed, MD, chief medical officer of Pleco Therapeutics, will lead the development of PTX-252 in AML. The agent will undergo evaluation in a phase 2 study which plans to launch in 2024.2
Welgemoed also is overseeing the development of PTX-062 for the treatment of patients with lung cancer, PTX-142 for treating pancreatic cancer, and PTX-081 in other cancers. Currently, all these agents are undergoing candidate selection or being evaluated in preclinical studies.3
“This milestone underscores our commitment to innovative therapies for rare diseases and it brings hope to AML patients who have limited treatment options. Our team is dedicated to advancing this therapy through clinical development as swiftly as possible,” added Ivo Timmermans, MD, MBA, chief executive officer of Pleco Therapeutics, in a press release.1
SELECT-AML-1 Trial of Tamibarotene Combo in AML Discontinues Enrollment
August 13th 2024Following a futility analysis, the phase 2 SELECT-AML-1 trial of tamibarotene combined with venetoclax and azacitidine in newly diagnosed RARA-overexpressed acute myeloid leukemia will discontinue enrollment.
Read More