FDA Approves IntraBio's Aqneursa For Niemann-Pick Disease, Type C

RTTNews | 24 days ago
FDA Approves IntraBio's Aqneursa For Niemann-Pick Disease, Type C

(RTTNews) - The U.S. Food and Drug Administration approved IntraBio Inc.'s Aqneursa (levacetylleucine) for the treatment of neurological symptoms associated with Niemann-Pick disease type C or NPC in adults and pediatric patients weighing at least 15 kilograms.

The latest decision follows the agency's last week's approval of the first treatment for NPC in adults and children 2 years of age and older, given to Zevra Therapeutics's Miplyffa (arimoclomol).

NPC is a rare genetic disease that results in progressive neurological symptoms and organ dysfunction. It is caused by changes in either the NPC1 or NPC2 gene, affecting the necessary transport of cholesterol and other lipids within a cell, due to which they do not function as they should, causing organ damage. On average, individuals affected by this devastating disease only live for about 13 years.

The FDA now noted that Aqneursa's safety and efficacy for the treatment of NPC were evaluated in a randomized, double-blind, placebo-controlled, two-period, 24-week crossover study of 60 patients.

The primary efficacy outcome was a modified version of the Scale for the Assessment and Rating of Ataxia (SARA), referred to as the functional SARA (fSARA). On average, participants treated with Aqneursa for 12 weeks showed a better outcome in the fSARA score compared to when they were treated with placebo.

The use of Aqneursa may cause embryo-fetal harm if used during pregnancy. The most common side effects are abdominal pain, difficulty swallowing, upper respiratory tract infections and vomiting.

Janet Maynard, director of the Office of Rare Diseases, Pediatrics, Urologic and Reproductive Medicine, in the FDA's Center for Drug Evaluation and Research, said, "This is the second treatment the FDA has approved for NPC within the span of a week. Today's action further underscores the agency's commitment to support development of new treatments for rare diseases."

The FDA granted Aqneursa Priority Review, Fast Track, Orphan Drug and Rare Pediatric Disease designations for this application.

Aqneursa is required to be taken orally up to three times per day, with or without food.

The FDA earlier noted that Miplyffa (arimoclomol), an oral medication for the treatment of NPC, was the first product application to be discussed at the inaugural meeting of the Genetic Metabolic Diseases Advisory Committee or GeMDAC in August.

For More Such Health News, visit rttnews.com

read more
TSX Continues To Move Up North, Ends 0.53% Up At New High

TSX Continues To Move Up North, Ends 0.53% Up At New High

The Canadian market climbed to a new record high on Friday, rising for a third straight day, thanks to strong gains in materials stocks as metal prices surged to record highs. Continued optimism about interest rate cuts by the Bank of Canada also aided sentiment.
RTTNews | 16h 46min ago
Dollar Turns Weak After Recent Gains

Dollar Turns Weak After Recent Gains

The U.S. dollar turned a bit weak on Friday, snapping a five-day winning streak, with global stocks moving higher on increased risk appetite after the Chinese government announced a couple of funding schemes.
RTTNews | 17h 24min ago
TSX Rises To New High; Materials Shares Rally

TSX Rises To New High; Materials Shares Rally

The Canadian market is up firmly in positive territory Friday afternoon after posting a new high for the third straight day. Materials stocks are contributing to the move up north, with firm metal prices triggering hectic buying at several counters in the sector.
RTTNews | 20h 47min ago
Canadian Dollar Weakens As Oil Prices Fall

Canadian Dollar Weakens As Oil Prices Fall

The Canadian dollar declined against its most major counterparts in the New York session on Friday, as oil prices dropped on concerns about slowing demand from China.
RTTNews | 21h 5min ago
Swiss Market Closes Modestly Higher

Swiss Market Closes Modestly Higher

The Switzerland market ended modestly higher on Friday after a choppy ride as investors looked ahead to more interest rate cuts from central banks after the European Central Bank cut rates for the third time this year.
RTTNews | 21h 13min ago
Major European Markets Close Higher

Major European Markets Close Higher

European stocks closed higher on Friday and the major markets in the region posted second straight week of gains, as investors continued to cheer the European Central Bank's rate cut decision, and remained optimistic about more rate cuts by several other central banks. Markets also reacted to positive economic data from China, and digested the latest batch of earnings updates and other corporate
RTTNews | 21h 36min ago
U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge

U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September. The Commerce Department said housing starts fell by 0.5 percent to an annual rate of 1.354 million in September.
RTTNews | 1 day ago
CPSC Recalls: Textron ROVs, Colsen Fire Pits, Anker Power Banks, Oliva Cigar Lighters

CPSC Recalls: Textron ROVs, Colsen Fire Pits, Anker Power Banks, Oliva Cigar Lighters

The U.S. Consumer Product safety Commission or CPSC has announced recalls including Textron Specialized Vehicles' Recreational Off Highway vehicles, Colsen Fire Pits LLC's Fire Pits, Anker Innovations Ltd.'s Anker Power Banks, and Oliva Cigars Co. Inc.'s Cigar Lighters, citing various reasons. In most of the recalls, consumers are urged to immediately stop using the recalled product
RTTNews | 1 day ago