- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in