Calliditas' Chronic Orphan Liver Disease Candidate Receives FDA Fast Track Tag

  • The FDA has granted Fast Track Designation to Calliditas Therapeutics AB's CALT lead NOX inhibitor candidate setanaxib for primary biliary cholangitis (PBC).
  • Setanaxib has previously been granted orphan drug designation for PBC in the US and Europe.
  • In the Phase 2 trial, setanaxib demonstrated evidence of anti-fibrotic activity, combined with a favorable tolerability profile, as well as a statistically significant impact on fatigue. 
  • Calliditas is planning to initiate a pivotal Phase 2/3 study in PBC, starting in 2H 2021.
  • Price Action: CALT shares traded higher by 1.37% at $29.65 on the last check Monday.
  • Related content: Benzinga's Full FDA Calendar.
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Posted In: BiotechNewsHealth CareSmall CapFDAGeneralBriefsFDA Fast TrackLiver Disease
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