to-BBB receives positive opinion for Orphan Drug Designation
As a proprietary brain-targeted version of the marketed product Caelyx®/Doxil® (PEG-liposomal doxorubicin), 2B3-101 uses glutathione (GSH) to safely enhance the delivery of doxorubicin across the blood-brain barrier. The therapeutic benefit and predictable safety profile of 2B3-101 has been successfully demonstrated in pre-clinical studies and the product is ready to enter clinical trials end of 2010. The product can be developed for multiple brain cancer indications and to-BBB considers development for brain metastases of breast cancer as well as glioma.
The positive opinion for 2B3-101 by the COMP has specifically been granted for the treatment of glioma, which affects less than 5 per 10,000 people in the European Community. The low prevalence of this life-threatening condition makes drug development otherwise unappealing, especially for emerging biotech companies such as to-BBB. However, when the European Commission decides to grant the orphan drug status following the positive opinion of the COMP, to-BBB would receive additional market exclusivity for a period of ten years following approval of its drug candidate for this indication in Europe. Thereby the Orphan Drug Designation will increase the likelihood that 2B3-101 will become available for glioma patients.
“We thank the COMP for their positive opinion,” says Willem van Weperen, CEO of to-BBB. “We are excited about the potential of 2B3-101 and, supported by the benefits of the Orphan Drug Designation, we will continue to execute our strategy to develop this therapy for patients with life-threatening brain cancer.”
The Commission typically grants orphan drug status following a positive opinion from the COMP to a medicinal product intended for the diagnosis, prevention or treatment of a life-threatening or a chronically debilitating condition when the application for designation is submitted.
Other news from the department research and development
Get the life science industry in your inbox
From now on, don't miss a thing: Our newsletter for biotechnology, pharma and life sciences brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.