Friday, November 19, 2021 6:52:03 AM
6:11 am ET November 19, 2021 (Dow Jones) Print
By Colin Kellaher
Gracell Biotechnologies Inc. on Friday said the U.S. Food and Drug Administration granted orphan-drug designation to GC012F, its lead product candidate, for the treatment of the blood cancer multiple myeloma.
The Shanghai clinical-stage biopharmaceutical company said GC012F has shown fast, deep and durable responses in patients with relapsed/refractory multiple myeloma in an ongoing study in China.
The FDA's orphan-drug program gives special status to drugs and biologics for diseases and disorders that affect fewer than 200,000 people in the U.S. and provides for an extended marketing-exclusivity period against competition.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
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