The U.S. Department of Health and Human Services and the U.S. Food and Drug Administration announced that Richard Pazdur, M.D., has been appointed director of the Center for Drug Evaluation and Research. “Pazdur is a 26-year veteran of the FDA and the founding director of its Oncology Center of Excellence. A renowned regulatory innovator, Dr. Pazdur developed an integrated approach for cross-center coordination of oncology product review to expedite the development of novel cancer therapies. He also led the agency’s launch of a series of initiatives that streamlined oncology drug approvals, access, and labeling: Project Orbis to provide a framework for concurrent submission and review of oncology products among international partners, Project Facilitate to support oncology professionals in completing expanded access requests for cancer patients, and Project Renewal to update the prescribing information for certain older oncology drugs to ensure information is clinically meaningful and scientifically up to date,” the FDA stated. Publicly traded large-cap drugmakers include AstraZeneca (AZN), Bristol Myers (BMY), Eli Lilly (LLY), GSK (GSK), Johnson & Johnson (JNJ), Merck (MRK), Novartis (NVS), Pfizer (PFE), Roche (RHHBY) and Sanofi (SNY). Companies working on gene therapies include Sarepta (SRPT), Capricor Therapeutics (CAPR), Taysha Gene Therapies (TSHA), MeiraGTx (MGTX), Crispr Therapeutics (CRSP), Editas Medicine (EDIT), Beam Therapeutics (BEAM), Caribou Biosciences (CRBU) and Intellia Therapeutics (NTLA).
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JNJ:
- Halozyme: JNJ gets FDA approval for new indication of DARZALEX Faspro
- Johnson & Johnson announces FDA approval of DARZALEX FASPRO for HR-SMM
- FDA approves J&J’s Darzalex Faspro for high-risk smoldering multiple myeloma
- FDA awards second batch of National Priority Vouchers
- Johnson & Johnson announces FDA approval of Caplyta
