AstraZeneca’s supplemental Biologics License Application sBLA for IMFINZI durvalumab , based on the results from the positive ADRIATIC Phase III trial in patients with limited-stage small cell lung cancer LS-SCLC whose disease has not progressed following platinum-based concurrent chemoradiotherapy cCRT , has been accepted and granted Priority Review in the US. The Food and Drug Administration FDA grants Priority Review to applications for medicines that, if approved, would offer significant improvements over available options by demonstrating safety or efficacy improvements, preventing serious conditions or enhancing patient compliance.1 The Prescription Drug User Fee Act date, the FDA action date for their regulatory decision, is anticipated during the fourth quarter of 2024. IMFINZI was also recently granted Breakthrough Therapy Designation BTD by the FDA in this setting. BTD accelerates the development and regulatory review of potential new medicines intended to treat a serious condition and address a significant unmet medical need.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AZN:
- Texas probes CenterPoint, Carlyle weighs Nobian sale: Monday Buzz
- Texas probes CenterPoint, Starbucks in talks with Elliott: Morning Buzz
- AstraZeneca price target raised to $95 from $90 at TD Cowen
- Big drugmakers focus on smaller deals for biotech companies, WSJ reports
- Conduit Pharmaceuticals signs license agreement with AstraZeneca
