Priority review voucher updates: Who's won PRVs, who's bought them, and how much they're selling for
Tracker updated on 5/14/24 to note that Day One won a rare pediatric PRV for the approval of Ojemda (tovorafenib) for children 6 months and older with relapsed or refractory pediatric low-grade glioma harboring a BRAF fusion or rearrangement, or BRAF V600 mutation. X4 Pharmaceuticals on May 9 announced the sale of its rare pediatric disease PRV for $105 million.
The FDA can award biopharma companies with priority review vouchers (PRVs) following new approvals of treatments for neglected tropical diseases, rare pediatric diseases and medical countermeasures. The system by which PRVs are sold, typically for around $100 million each, continues to thrive, more than a decade after it was created.
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