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Stock impact report

Nuvectis' NXP800 gains FDA ODD for cancer treatment [Yahoo! Finance]

Nuvectis Pharma, Inc. (NVCT) 
Company Research Source: Yahoo! Finance
domain-containing protein 1a (ARID1a)-deficient ovarian, fallopian tube and primary peritoneal cancers. ODD status is granted by the US regulator for treatments of rare diseases affecting fewer than 200,000 people in the US, and offers development incentives. The designation could lead to seven years of marketing exclusivity in the US for NXP800 if it is approved for these specific cancers. An oral GCN2 activator, NXP800 is also part of an investigator-sponsored trial for cholangiocarcinoma treatment. The FDA previously awarded fast track designation to NXP800 for platinum-resistant ovarian carcinoma and ODD for cholangiocarcinoma. Nuvectis Pharma is also developing NXP900, an inhibitor targeting the SRC family of kinases. NXP900's dual inhibition mechanism offers a comprehensive approach to shutting down the SRC signalling pathway. The asset is currently in a Phase 1a dose escalation study. Nuvectis chairman and CEO Ron Bentsur stated: “We are very pleased to have rec Show less Read more
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