Orphazyme runs into another setback as Europe appears unlikely to approve its FDA-rejected drug
The hits just keep on coming for Orphazyme.
Less than a month after its latest CEO announced he will depart in April for another Danish company, Orphazyme reported Wednesday afternoon that the EMA is unlikely to approve its application for a rare genetic condition known as Niemann-Pick disease Type C. The biotech said it received a notice from CHMP indicating it will vote negatively despite what it claimed was positive feedback.
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