World

US FDA approves Adaptimmune’s therapy for rare type of cancer

2024.08.02 13:44

By Mariam Sunny

(Reuters) -The U.S. Food and Drug Administration said on Friday it has approved Adaptimmune’s first-of-its-kind treatment for a rare type of cancer in the soft tissues that most often affects young people.

The therapy, branded as Tecelra, was approved to treat synovial sarcoma — a potentially life-threatening cancer — in certain patients who have received prior chemotherapy.

Swiss drugmaker Novartis (SIX:)’ Votrient is among the approved treatments for soft-tissue sarcoma, a group of cancers which include synovial sarcoma. Other options include surgery, chemotherapy and radiotherapy.

Tecelra, a one-time intravenous therapy, modifies and uses a patient’s own immune response generating T-cells to fight the disease. The treatment carries a list price of $727,000, the company said.

According to analysts, the price is comparable to CAR-T cell therapies, which have an average list price of $500,000.

Tecelra carries a serious warning about the risk of cytokine release syndrome, a dangerous aggressive immune system response.

Sandra D’Angelo, oncologist at Memorial Sloan Kettering Cancer Center, said therapies like Tecelra have the potential to treat other solid tumors as they could target a broader range of tumor-causing proteins than currently approved therapies.

The FDA’s accelerated approval to Tecelra was based on data from a 44-patient study, in which 43.2% of the participants showed partial or complete response to the treatment for an average duration of six months.

Synovial sarcoma, which most commonly develops in the extremities, impacts about 1,000 people in the United States each year, according to the FDA.

© Reuters. FILE PHOTO: Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo

Guggenheim analyst Michael Schmidt estimates $180 million in U.S. sales of the therapy at their peak.

Shares of the company were trading 7% down in afternoon trading. The stock has risen 46% so far this year.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 94,409.29 1.40%
ethereum
Ethereum (ETH) $ 3,323.62 0.64%
tether
Tether (USDT) $ 0.999245 0.05%
xrp
XRP (XRP) $ 2.15 1.15%
bnb
BNB (BNB) $ 690.24 0.44%
solana
Solana (SOL) $ 184.96 2.46%
dogecoin
Dogecoin (DOGE) $ 0.311678 0.84%
usd-coin
USDC (USDC) $ 1.00 0.03%
staked-ether
Lido Staked Ether (STETH) $ 3,321.42 0.54%
cardano
Cardano (ADA) $ 0.878099 1.50%
tron
TRON (TRX) $ 0.258913 2.08%
avalanche-2
Avalanche (AVAX) $ 36.67 2.49%
the-open-network
Toncoin (TON) $ 5.72 0.86%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,951.35 0.47%
chainlink
Chainlink (LINK) $ 21.80 4.47%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 0.32%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,273.26 1.38%
sui
Sui (SUI) $ 4.10 3.25%
bitget-token
Bitget Token (BGB) $ 8.00 7.65%
stellar
Stellar (XLM) $ 0.350382 1.85%
hedera-hashgraph
Hedera (HBAR) $ 0.276697 3.93%
polkadot
Polkadot (DOT) $ 6.92 1.25%
weth
WETH (WETH) $ 3,322.57 0.46%
hyperliquid
Hyperliquid (HYPE) $ 26.64 1.35%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.44 0.31%
leo-token
LEO Token (LEO) $ 9.19 0.78%
uniswap
Uniswap (UNI) $ 13.23 0.55%
litecoin
Litecoin (LTC) $ 101.57 1.18%
pepe
Pepe (PEPE) $ 0.000018 2.30%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,513.13 0.37%
near
NEAR Protocol (NEAR) $ 5.12 0.04%
ethena-usde
Ethena USDe (USDE) $ 0.998538 0.00%
usds
USDS (USDS) $ 1.00 0.11%
internet-computer
Internet Computer (ICP) $ 10.21 1.64%
aave
Aave (AAVE) $ 323.66 4.88%
aptos
Aptos (APT) $ 8.73 2.19%
crypto-com-chain
Cronos (CRO) $ 0.148625 1.52%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.480383 0.46%
mantle
Mantle (MNT) $ 1.19 0.67%
ethereum-classic
Ethereum Classic (ETC) $ 26.03 0.21%
vechain
VeChain (VET) $ 0.045678 2.70%
render-token
Render (RENDER) $ 7.01 1.90%
monero
Monero (XMR) $ 192.58 0.91%
whitebit
WhiteBIT Coin (WBT) $ 24.61 0.16%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.53 19.32%
mantra-dao
MANTRA (OM) $ 3.66 1.31%
bittensor
Bittensor (TAO) $ 467.06 1.30%
dai
Dai (DAI) $ 1.00 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.31 3.07%
arbitrum
Arbitrum (ARB) $ 0.75774 0.18%