News Out : Cellceutix Files Orphan Drug Designatio
Post# of 72447
Posted On: 12/20/2013 8:20:27 AM
News Out : Cellceutix Files Orphan Drug Designation Application for Brilacidin for Oral Mucositis With US FDA
BEVERLY, MA--(Marketwired - Dec 20, 2013) - Cellceutix Corporation (OTCQB: CTIX) (the "Company"), a clinical stage biopharmaceutical company developing innovative therapies in oncology, dermatology, and antibiotic applications, announces today that it has filed an application with the U.S. Food and Drug Administration requesting Orphan Drug designation for its novel antibiotic Brilacidin™-OM as a drug candidate for the prevention of radiation or chemotherapy-induced oral mucositis in head and neck cancer.
Brilacidin-OM is a defensin mimetic that has antibacterial, anti-biofilm and anti-inflammatory properties. Currently, the Company is planning a Phase II trial of Brilacidin-OM to meet an area of great unmet medical need for cancer patients that suffer from the condition which is a common, and often debilitating, side effect of chemotherapy and radiology therapy. Preclinical research presented at the 2012 American Society of Clinical Oncology meeting showed that Brilacidin reduced the occurrence of sever ulcerative oral mucositis in animal models by more than 94 percent compared to placebo.
Orphan drug designation is intended to facilitate drug development for drugs that target conditions affecting fewer than 200,000 patients in the United States each year, while providing a significant therapeutic advantage over existing therapies. The designation carries several benefits, including fee reductions, assistance in study design from the Food and Drug Administration, potential for expedited drug development, eligibility for drug grants, tax incentives and extended market exclusivity.
BEVERLY, MA--(Marketwired - Dec 20, 2013) - Cellceutix Corporation (OTCQB: CTIX) (the "Company"), a clinical stage biopharmaceutical company developing innovative therapies in oncology, dermatology, and antibiotic applications, announces today that it has filed an application with the U.S. Food and Drug Administration requesting Orphan Drug designation for its novel antibiotic Brilacidin™-OM as a drug candidate for the prevention of radiation or chemotherapy-induced oral mucositis in head and neck cancer.
Brilacidin-OM is a defensin mimetic that has antibacterial, anti-biofilm and anti-inflammatory properties. Currently, the Company is planning a Phase II trial of Brilacidin-OM to meet an area of great unmet medical need for cancer patients that suffer from the condition which is a common, and often debilitating, side effect of chemotherapy and radiology therapy. Preclinical research presented at the 2012 American Society of Clinical Oncology meeting showed that Brilacidin reduced the occurrence of sever ulcerative oral mucositis in animal models by more than 94 percent compared to placebo.
Orphan drug designation is intended to facilitate drug development for drugs that target conditions affecting fewer than 200,000 patients in the United States each year, while providing a significant therapeutic advantage over existing therapies. The designation carries several benefits, including fee reductions, assistance in study design from the Food and Drug Administration, potential for expedited drug development, eligibility for drug grants, tax incentives and extended market exclusivity.
Great job, Leo! Way to keep things moving along! Anyone know how fast we should expect to hear back from the FDA on this??
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