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SNY's Rare Disease Drug Wins FDA Breakthrough and Japan Orphan Status
ZACKS· 2026-02-10 16:45
Key Takeaways The FDA granted Breakthrough Therapy to Wayrilz for wAIHA, and Japan awarded Orphan Drug status.Sanofi's designations are supported by LUMINA 2 data, with the late-stage LUMINA 3 study underway.Wayrilz is approved for chronic ITP in the U.S., EU and UAE, and is under review in Japan.Sanofi (SNY) announced that the FDA has granted Breakthrough Therapy designation to Wayrilz (rilzabrutinib), a novel oral, reversible Bruton’s tyrosine kinase (BTK) inhibitor, for the treatment of patients with war ...
Dyne’s Investigational DMD Drug DYNE-251 Gets Japan Orphan Drug Status After Strong Trial Data
Yahoo Finance· 2025-10-04 20:54
Core Insights - Dyne Therapeutics Inc. has received Orphan Drug designation in Japan for its investigational drug DYNE-251, aimed at treating Duchenne muscular dystrophy (DMD) with specific gene mutations [1][3] - The ongoing DELIVER trial has shown significant and sustained functional improvement over 18 months, attributed to notable dystrophin expression [2][3] - DYNE-251 is currently in a Phase 1/2 clinical trial, which is randomized, placebo-controlled, and double-blind, indicating a rigorous testing process [3] Company Overview - Dyne Therapeutics is a clinical-stage company focused on developing therapeutics for neuromuscular diseases in the United States [4]
Roivant Sciences Ltd. (ROIV) Wins Orphan Drug Status in Japan for Mosliciguat
Yahoo Finance· 2025-09-11 15:11
Core Insights - Roivant Sciences Ltd. is highlighted as a promising investment opportunity in the healthcare sector, particularly in the biopharmaceutical space [1][4] Company Overview - Roivant Sciences Ltd. (NASDAQ:ROIV) is a clinical-stage biopharmaceutical company that accelerates the development of medicines through its subsidiaries, known as "Vants" [2] - The company focuses on in-licensing drug candidates from larger pharmaceutical firms and advancing them toward commercialization [2] Pipeline and Recent Developments - The current pipeline includes mosliciguat for pulmonary hypertension, brepocitinib for inflammatory diseases, and IMVT-1402 targeting autoimmune conditions [2] - A significant milestone for Roivant is the advancement of mosliciguat, which has received orphan drug designation in Japan, providing regulatory benefits and potential market exclusivity [3] - The Pulmovant subsidiary is positioned to address an underserved market in pulmonary hypertension with limited treatment options [3] Strategic Focus and Market Position - Roivant's brepocitinib program is progressing toward critical Phase 3 data readouts, which is fostering optimism among investors and analysts [4] - The company's strategic focus on rare and immune-mediated diseases enhances its attractiveness as a high-potential biotech investment [4]
Revive Therapeutics Announces Closing of First Tranche of Private Placement and Debt Settlement
Globenewswire· 2025-08-11 23:28
Core Viewpoint - Revive Therapeutics Ltd. has successfully closed the first tranche of its private placement offering, raising a total of $60,900 through the issuance of 2,900,000 units at a price of $0.021 per unit, while also settling a note payable through the issuance of additional units [1][2][3]. Group 1: Offering Details - The first tranche of the offering consisted of 2,900,000 units, generating gross proceeds of $60,900 for the company [1]. - Each unit comprises one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one common share at an exercise price of $0.05 for 36 months [2]. - The company issued an additional 3,209,523 units to settle a note payable of $67,400, maintaining the same issue price of $0.021 per unit [1][3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated for working capital and the payment of certain trade payables [2]. Group 3: Compensation Options - In connection with the offering, the company issued 100,000 compensation options to an investment dealer, allowing the dealer to purchase units at a price of $0.05 for 18 months [4]. - Each compensation unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing acquisition of one compensation share at an exercise price of $0.05 for 36 months [5]. Group 4: Company Overview - Revive Therapeutics is focused on developing innovative therapeutics for critical medical needs, leveraging FDA regulatory incentives for rapid advancement and market entry [6]. - The company is currently concentrating on the potential of Bucillamine for infectious diseases and medical countermeasures, as well as advancing its Psilocybin and molecular hydrogen therapeutic programs [6].
BEAM Up on FDA's Orphan Drug Status for Gene-Editing Therapy
ZACKS· 2025-06-04 16:01
Core Insights - Beam Therapeutics (BEAM) has received orphan drug designation from the FDA for its investigational genome-editing candidate, BEAM-101, aimed at treating sickle cell disease (SCD) [1][7] - The orphan drug designation provides Beam with seven years of market exclusivity post-approval, along with exemptions from FDA application fees and tax credits for qualifying clinical studies [2][7] - Following the announcement, Beam's shares increased by 4.3%, although the stock has seen a 32% decline year-to-date compared to a 2.9% decline in the industry [2][3] Development Activities - BEAM-101 is the lead candidate in Beam's hematology franchise, currently undergoing evaluation in the phase I/II BEACON study for adult SCD patients [4] - Preliminary data from the BEACON study indicated that BEAM-101 treatment resulted in a significant and lasting increase in fetal hemoglobin and a decrease in sickle hemoglobin [5][7] - Updated data from the BEACON study is anticipated to be presented at an upcoming European Hematology Association conference [8] Competitive Landscape - Other companies utilizing CRISPR/Cas9 technology include CRISPR Therapeutics and Intellia Therapeutics, both of which are developing therapies for blood disorders [9][10] - CRISPR Therapeutics, in collaboration with Vertex Pharmaceuticals, has received approvals for its CRISPR/Cas9 gene-edited therapy, Casgevy, for SCD and transfusion-dependent beta thalassemia [10] - Intellia Therapeutics is advancing its investigational therapies, including NTLA-2001 for ATTR amyloidosis and NTLA-2002 for hereditary angioedema, both in late-stage development [11]