As NDA talks loom, FDA hands Daiichi Sankyo a ‘breakthrough’ on its $410M AML drug quizartinib
Daiichi Sankyo execs just gained an added edge for their upcoming discussions with the FDA on an application to start selling quizartinib, a new drug for treatment-resistant acute myeloid leukemia with FLT3-ITD mutations.
The FDA handed the Japanese company a breakthrough drug designation for quizartinib, putting the company on its inside track and likely heralding a rapid-fire approval.
Daiichi bought this drug in a $410 million deal — $315 million in cash — to acquire Ambit Biosciences in San Diego 4 years ago. And just weeks ago the company outlined positive, though far from impressive, survival data from its pivotal study.
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