RegeneRx Receives Orphan Drug Designation for Tβ4 in the Treatment of Neurotrophic Keratopathy
Source: RegeneRx Biopharmaceuticals, Inc.
Friday, January 03, 2014 | Cornea
RegeneRx Biopharmaceuticals, Inc., announced that it has received orphan drug designation from the FDA's Office of Orphan Products Development for its drug candidate, Thymosin beta 4 (Tβ4), for the treatment of neurotrophic keratopathy, a degenerative disease of the corneal epithelium, according to a company news release. A reduction in corneal sensitivity or complete corneal anesthesia is the hallmark of this disease and is responsible for producing corneal ulceration, perforation, pain and impaired vision. The designation, for novel drugs to treat diseases with a prevalence of less than 200,000 patients in the United States, provides 7 years of extended marketing exclusivity, waiver of FDA user fees, tax credits of up to 50% of qualified clinical trial expenses, and eligibility of FDA research grants for clinical trials.
“Orphan designation offers us a number of opportunities that would not otherwise have been available. It is an important milestone -- the result of the significant and growing body of data supporting Tβ4’s development for this serious disorder, often caused by the herpes zoster virus and diabetes mellitus," J.J. Finkelstein, president and CEO of RegeneRx, said in the company news release. "In a previous physician-sponsored clinical study with RGN-259 (our preservative-free, sterile, ophthalmic eye drop whose active ingredient is Tβ4), the drug candidate stimulated healing within 4-8 weeks in patients with neurotrophic keratopathy who had non-healing corneas for a minimum of 6 weeks to over a year. Our clinical experience to date also indicates that RGN-259 is safe, well-tolerated, and significantly improves patient comfort."
You must be logged in to leave a comment.