Curatis will apply for a Biologic License for C-PTBE-01 in the USA - this will significantly increase the duration of market protection in the USA in the event of approval
Curatis Holding (SIX:CURN) has explored in detail which regulatory pathway should be pursued in view of a possible approval of C-PBTE-01 in the USA. The detailed clarifications in collaboration with a renowned US law firm and their regulatory experts have shown that C-PTBE-01 meets the criteria for a Biologic License Application (BLA). If approved in the USA, this would result in a market protection of 12 years, significantly longer than the 7 years market protection under orphan drug status. This would extend the market protection for C-PTBE-01 in the USA by 70% or 5 years.
According to the US Public Health Service Act, the status of “biologic” is intended for peptides with a length of more than 40 amino acids. The molecule C-PTBE-01 has a length of 41 amino acids. The orphan drug designation for C-PTBE-01 will be pursued as planned.
About C-PTBE-01
Curatis is focusing its development activities for C-PTBE-01 on an very rare group of aggressive brain tumours (Diffuse Midline Glioma, DMG). These tumours mainly affect children, with most cases being diagnosed between the ages of 5 and 9. In the USA, around 800 patients are diagnosed with DMG every year; in Europe, the number is in the same order of magnitude, which is why the disease is considered a ‘rare disease’ for regulatory purposes.
In connection with DMG, indirect brain damage regularly occurs due to an accumulation of extracellular fluid in the vicinity of the tumour. This peritumoural brain edema (PTBE) can cause symptoms such as headaches, vomiting and neurological dysfunction such as paralysis, speech disorders, visual problems and altered mental status and can be life-threatening.
The current typical treatment method for PTBE is the use of corticosteroids. Corticosteroids often have serious side effects such as severe myopathies, muscle wasting, abnormal weight gain, osteoporosis, gastritis, gastrointestinal bleeding, hypertension and personality changes. The already serious side effects are exacerbated in children.
C-PTBE-01 has demonstrated a strong steroid-sparing effect in two clinical safety and efficacy studies, which may lead to a significant reduction or complete replacement of corticosteroid use and thus alleviation of the severe side effects associated with steroid use in children.
A detailed analysis of Curatis and its product candidates is available in a research report at https://ir.curatis.com/equity-research-reports.
About Curatis:
Curatis Holding AG is a publicly listed company (CURN.SW) specialising in the development and commercialisation of drugs for rare and very rare diseases. Curatis has a sales portfolio of more than 30 drugs and a pipeline of orphan drug products and speciality products that can make a significant contribution to cash flow from 2025 onwards. Further information can be found on the website www.curatis.com.
Disclaimer:
The information contained in this media release and in any link to our website indicated here is not for use in any country or jurisdiction or by any persons where such use would constitute a violation of law.
This media release contains "forward-looking statements" that are based on our current expectations, assumptions, estimates and projections about us and our industry. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "may", "will", "should", "continue", "believe", "anticipate", "expect", "estimate", "intend", "project", "plan", "will likely continue", "will likely result", or words or phrases with similar meaning. Undue reliance should not be placed on such statements because, by their nature, forward-looking statements involve risks and uncertainties, including, without limitation, economic, competitive, governmental and technological factors outside the control of Curatis Group, that may cause Curatis' business, strategy or actual results to differ materially from the forward-looking statements (or from past results). For any factors that could cause actual results to differ materially from the forward-looking statements contained in this media release, please see our listing prospectus in connection with the business combination from April 2024. Curatis Group undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise. It should further be noted that past performance is not a guide to future performance.
The information contained in this media release is not an offer to sell or a solicitation of offers to purchase or subscribe for securities. This media release is not a prospectus within the meaning of the Swiss Financial Services Act nor a prospectus under any other applicable laws.
Some financial information in this media release has been rounded and, as a result, the figures shown as totals in this media release may slightly vary from the exact arithmetic aggregation of the figures that precede them.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241113599004/en/
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Andersen Global indvier medlemsvirksomhed i Caribien7.12.2024 01:02:00 CET | Pressemeddelelse
Andersen Global fortsætter med at sætte sit aftryk på det globale landskab, når Robley Baynes, en samarbejdsvirksomhed siden 2020, nu bliver medlemsvirksomhed og tager Andersen-navnet. Andersen in Trinidad and Tobago er den første medlemsvirksomhed i Caribien, der iklæder sig Andersen-brandet i regionen og styrker organisationens globale rækkevidde yderligere. Med partnerne Kendell Robley og Mikhail Baynes som ledere arbejder Andersen in Trinidad and Tobago tæt sammen med kunderne om at levere kvalitetsservice inden for skat, rådgivning, økonomi, selskabsspørgsmål og ledelse. Firmaets kundefokuserede forretningsmodel sikrer integrerede kvalitetsløsninger, der er skræddersyet til at imødekomme de voksende globale krav. "Vores firma har udviklet sig enormt gennem årene, og vores team arbejder flittigt på at levere integrerede kvalitetsløsninger i et forretningslandskab i stadig udvikling," siger Kendell og Mikhail. "Ved at blive medlem af Andersen Global har vi forpligtet os på at drive
Andersen Global styrker sin tilstedeværelse i Malta med endnu en medlemsvirksomhed6.12.2024 23:28:00 CET | Pressemeddelelse
Andersen Global fortsætter med at styrke sin tilstedeværelse i Europa gennem etableringen af Andersen in Malta. Sammen med den eksisterende medlemsadvokatvirksomhed Chetcuti Cauchi Advocates vil der kunne leveres en omfattende pakke af integrerede skattemæssige, juridiske og virksomhedstjenester til private og erhvervskunder i Malta og internationalt. Andersen in Malta leverer en bred vifte af tjenester, herunder skatterådgivning for personer og virksomheder og sikring af deres efterrettelighed vedrørende skatteregler, transfer pricing, dataoverholdelse, global mobilitet og immigration af privatpersoner med stor nettoformue (HNW), ejendomsplanlægning, privat formue-strukturering, rådgivning af familievirksomheder og andre virksomheder. Andersen in Malta har specialiseret sig i at navigere i komplekse regulerings- og skatterammer og rådgiver HNW-personer, familiekontorer og multinationale virksomheder. "I takt med at Malta udvikler sig som en pålidelig destination for privat formue-stru
Lattice Wins 2024 Global Semiconductor Alliance Award6.12.2024 22:00:00 CET | Press release
‒ Named Most Respected Public Semiconductor Company Achieving $500 Million to $1 Billion in Annual Sales ‒ Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that it was selected as ‘Most Respected Public Semiconductor Company’ at the 2024 Global Semiconductor Alliance (GSA) Awards. The GSA awards recognize companies that have demonstrated excellence through their vision, innovation, execution, and future opportunity, as determined by votes from GSA members. “On behalf of the entire team at Lattice, I am honored to accept this prestigious award from the GSA. I am incredibly proud to lead such a talented and dedicated group of individuals who continuously strive to innovate and exceed our customers' expectations. This achievement would not have been possible without the support of our customers and partners. Thank you for being an essential part of our journey,” said Ford Tamer, Chief Executive Officer, Lattice Semiconductor. “The GSA congratulates
Greenland Resources Welcomes Canada’s Decision to Open a Consulate in Greenland6.12.2024 20:07:00 CET | Press release
Greenland Resources Inc. (Cboe CA: MOLY | FSE: M0LY) (“Greenland Resources” or the “Company”) welcomes the Government of Canada’s decision announced today to appoint an Arctic ambassador and open a consulate in Nuuk, Greenland. This follows the new Canadian Arctic Foreign Policy Framework to protect, together with its allies, the economic and military challenges including mineral resources security supply in the Arctic. The Company believes this is relevant for the Project as it is in negotiations to secure Capex funding from Canadian and recently announced European financial institutions and agencies in its press releases dated October 1 and October 15, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241206778181/en/ Greenland Resources Inc. Greenland Resources is a Canadian public company with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned Climax type p
Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation6.12.2024 17:00:00 CET | Press release
Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, the two business fintech services.Starting with over 11 million underserved SMEs and individuals in Southeast Asia and South Asia, the new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses. With a series of organisational and strategic upgrades in 2024, Ant International, a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+, Antom, WorldFirst and Embedded Finance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205425502/en/ (Graphic: Business Wire) Alipay+ expanded its vibrant wallet-based payment and digital
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom