NetworkNewsBreaks – Why Processa Pharmaceuticals
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Processa Pharmaceuticals (NASDAQ: PCSA) is a clinical-stage biopharmaceutical company focused on the development of drug products for patients with high unmet medical need conditions or no alternative treatment options. A recent article discussing the company reads, “Headquartered in Hanover, Maryland, Processa has built a pipeline of drugs, which already have proof-of-concept data supporting clinical use in their selected indications. The Processa process focuses on the advancement of drugs that are ready for clinical development or have minimal pre-IND enabling studies to complete. More specifically, Processa: acquires drugs that already have some clinical data to support the targeted treatment; navigates through the FDA, collaborating with the reviewers to define a complete development program; and develops each drug over the course of 2-5 years, out-licensing either just prior to pivotal study, after Phase 2b or after the completion of the pivotal study.”
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