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Wednesday, January 08, 2014 9:04:13 AM
I love many parts, that (for me) demonstrate how the FTD is an indirect validation of a third party (FDA) that Bavi works. (or at least to date shows that works).
Such status is often given to agents that show promise in treating serious, life-threatening medical conditions for which no other drug either exists or works as well.
Fast Track addresses a broad range of serious diseases. Determining whether a disease is serious is a matter of judgment, but generally is based on whether the drug will have an impact on such factors as survival, day-to-day functioning, or the likelihood that the disease, if left untreated, will progress from a less severe condition to a more serious one.
a fast track drug must show some advantage over available treatment, such as:
*Showing superior effectiveness
*Avoiding serious side effects of an available treatment
*Improving the diagnosis of a serious disease where early diagnosis results in an improved outcome
*Decreasing a clinically significant toxicity of an accepted treatment
*Eligibility for FDA Accelerated Approval, i.e., approval on an effect on a surrogate, or substitute endpoint reasonably likely to predict clinical benefit
In addition, most drugs that are eligible for Fast Track designation are likely to be considered appropriate to receive a Priority Review.
The frequency of communication assures that questions and issues are resolved quickly, often leading to earlier drug approval and access by patients.
Peregrine Pharmaceuticals to become the Microsoft of Biotechnology!
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