RAC 2.37% $1.65 race oncology ltd

General Comments / Chat, page-6221

  1. 2,950 Posts.
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    Great article. Have probably read it 5 times over the past couple of years. Something that's just jumped out at me today though:

    https://hotcopper.com.au/data/attachments/4899/4899319-c2f287a6209d88dd1dcd12cb734bbd41.jpg

    Interesting to ponder. BTD = breakthrough designation. RAC might have discussed this recently with the FDA considering the positive pre-IND guidance. The PRV is a carrot you receive after a drug is approved. BTD could expedite Zan's approval and commercialisation.

    "A breakthrough therapy designation is for a drug that treats a serious or life-threatening condition and preliminary clinical evidence indicates that the drug may demonstrate substantial improvement on a clinically significant endpoint(s) over available therapies."

    "The Food Drug and Cosmetic Act (21 USC 356) states that a request for a breakthrough therapy designation may be made concurrently with, or at any time after, the submission of an application for [the IND]. To maximize the benefits of the program, FDA encourages sponsors to submit breakthrough therapy designation requests by the time of the end-of-phase-2 meeting, and also before initiation of the clinical trial(s) intended to serve as the primary basis for demonstration of efficacy"

    https://www.fda.gov/regulatory-information/food-and-drug-administration-safety-and-innovation-act-fdasia/frequently-asked-questions-breakthrough-therapies#:~:text=A%20breakthrough%20therapy%20designation%20is,(s)%20over%20available%20therapies.
 
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