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Florence, Italy and New York, Aug.
MENARINI_GROUP
FDA's Priority Review designation grants drugs that it believes may provide significant improvements in safety and efficacy compared to standard of care (SOC) in the treatment, diagnosis or prevention of serious diseases
Elcin Barker Ergun, CEO of Menarini Group, said: "The FDA's acceptance of our NDA application and granting of Priority Review status is an important regulatory milestone for our company
Data from the EMERALD Phase 3 study provided support for the NDA application
Elastrant is an investigational compound that has not yet been approved by any regulatory agency
The Menarini Group received a global license to elastran in July 2020 from Radius Health, Inc (NASDAQ: RDUS), which conducted and successfully completed the EMERALD study
About the Phase 3 study of elasitran (RAD1901) and EMERALD
Elastrant is an investigational selective estrogen receptor degrader (SERD) currently being evaluated as a once-daily oral treatment for patients with ER+/HER2- advanced or metastatic breast cancer
Source: Menarini Industrie Farmaceutiche Riunite