BioLineRX’s BL-8040 Receives FDA’s Orphan Drug Designation (ODD) for Pancreatic Cancer
Shots:
- The FDA’s ODD to BL-8040 is granted for pancreatic cancer, with an addition to previously granted for AML and stem-cell mobilization in 2015
- The US FDA’s ODD is granted to the drugs offering treatment for rare diseases and disorders affecting fewer than 200,000 people or >200,000 persons with seven yrs. of market exclusivity, significant development incentives, including tax credits related to clinical trial expenses, an exemption from the FDA-user fee, and FDA assistance in clinical trial design
- BL-8040 is an antagonist for CXCR4 targeted for hematological malignancies, solid tumors and stem cell mobilization and is a licensed product of BioLineRx from Biokine Therapeutics
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