Cellectar Says FDA Grants Rare Pediatric Drug Designation for Iopofosine in High-Grade Glioma

MT Newswires Live10-27

Cellectar Biosciences (CLRB) said Monday that the US Food and Drug Administration has granted its investigational drug iopofosine I 131 rare pediatric drug designation as a potential treatment for inoperable relapsed or refractory pediatric high-grade glioma.

Pediatric high-grade gliomas are a collection of aggressive brain and central nervous system tumors.

A phase 1b study of the radioactive isotope treatment showed meaningful improvements in progression-free and overall survival, the company said.

The study showed that six patients who received at least a 55 millicurie dose of the treatment experienced an average of 5.4 months of progression-free survival and 8.6 months of overall survival, the company said.

Three patients who received additional dosing had an average progression-free survival of 8.1 months and overall survival of 11.5 months, the company added.

The treatment was well-tolerated, and its toxicity profile was consistent with the company's previously reported safety data, Cellectar said.

Shares of the company were down more than 4% in recent premarket activity Monday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment