Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
-0.20%
SPX
-0.64%
IXIC
-1.15%
FTSE
-0.32%
N225
-0.26%
AXJO
0.00%
Cashu Logo
Log In
HomeWatchlistNewsSignalsPicks
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.

Vanda Pharmaceuticals Secures FDA Orphan Drug Designation for Polycythemia Vera Treatment VGT-1849B

publisher logo
Cashu
3 days ago
Cashu TLDR
  • Vanda Pharmaceuticals received FDA Orphan Drug Designation for VGT-1849B, targeting polycythemia vera treatment.
  • VGT-1849B is a selective JAK2 inhibitor aimed at reducing excessive blood cell production safely.
  • The designation supports Vanda's commitment to developing treatments for rare diseases and improving patient outcomes.
vnda Logo
VNDA
Vanda Pharmaceuticals
0.74%

Vanda Pharmaceuticals Advances Rare Disease Treatment with FDA Orphan Drug Designation

Vanda Pharmaceuticals Inc. has made a significant stride in the treatment of polycythemia vera (PV) by securing Orphan Drug Designation from the U.S. Food and Drug Administration (FDA) for its investigational therapy, VGT-1849B. PV, a chronic myeloproliferative disorder, affects a notable segment of the U.S. population, presenting a pressing medical challenge due to its association with the JAK2 V617F mutation, which is found in over 95% of patients. The FDA's designation underscores the urgency and potential impact of VGT-1849B, a selective peptide nucleic acid-based JAK2 inhibitor designed to address the excessive red blood cell production characterizing this condition.

VGT-1849B employs an innovative approach with a unique backbone chemistry known as OliPass Peptide Nucleic Acid (OPNA). This technology enhances cell permeability and RNA affinity by covalently attaching cationic lipid groups to the nucleobases. By selectively targeting the JAK2 protein, VGT-1849B aims to diminish not only the production of red blood cells but also neutrophils, platelets, and lymphocytes. This targeted mechanism offers the potential for improved quality of life for patients while maintaining a favorable safety profile. Unlike current JAK inhibitors such as Jakafi® and Inrebic®, which may lead to adverse side effects due to off-target inhibition, VGT-1849B minimizes these risks, positioning it as a safer alternative.

The FDA's Orphan Drug Designation not only validates the therapeutic promise of VGT-1849B but also provides Vanda Pharmaceuticals with several incentives to expedite its development. This designation reflects the company’s commitment to addressing the unmet medical needs of patients suffering from rare diseases like PV. With the promise of infrequent dosing and a targeted approach, VGT-1849B emerges as a beacon of hope for patients navigating the complexities of this chronic condition, highlighting Vanda’s pivotal role in advancing treatment options within the biopharmaceutical landscape.

In addition to the Orphan Drug Designation, Vanda Pharmaceuticals continues to focus on its innovative pipeline, which aims to tackle various unmet medical needs. The company’s commitment to research and development reflects its broader mission to enhance patient outcomes in rare and challenging diseases. With VGT-1849B, Vanda is not only addressing a critical health issue but also setting a precedent for future advancements in the targeted therapy domain.

As Vanda Pharmaceuticals moves forward, the implications of this designation extend beyond regulatory approval; it represents a concerted effort to transform the treatment landscape for patients with polycythemia vera and potentially other related disorders. The advancements in drug development underscore Vanda's pivotal role in the ongoing quest for improved therapeutic options in the biopharmaceutical industry.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!