Immune design receives orphan drug status for G100 Intratumoral therapy Candidate
Release Date: 23-Mar-2017
Immune Design, a biopharmaceutical company focused on developing drugs and therapies for oncology has declared receipt of orphan drug designation by US Food and Drug Administration (FDA) for its investigational therapy G100 for the treatment of follicular non-Hodgkin’s lymphoma. The product is currently in its discovery state containing potent synthetic small molecule toll-like receptor-4 (TLR-4) agonist, Glucopyranosyl Lipid-A (GLA).
FDA grants orphan drug designation to those products like drugs and therapies that treat rare diseases. The administration defines rare diseases as those affecting fewer than 200,000 people in United States. Orphan drug designation provides certain financial benefits such as incentives to the developing company. These benefits include market exclusivity for the marketing application, if regulatory approval is received for the designated indication, potential tax credits for certain activities and waiver of certain administrative fees.
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