Tetraphase lines up a new FDA pitch for antibiotic after it comes through in latest PhIII
A little more than a year after the FDA sent Tetraphase back to the Phase III drawing board after dissing their application for the antibiotic eravacycline, the biotech is back touting a positive batch of late-stage data. And its shares $TTPH took off on the news, soaring more than 30% on the prospect of a turnaround.
These data come from IGNITE4, the Watertown, MA-based biotech’s do-over, which was required after the FDA asked for one more Phase III study. Looking at a modified intent-to-treat population, Tetraphase says that it gained clear evidence that its antibiotic was non-inferior to meropenem in treating complicated intra-abdominal infections. That trial enrolled 500 patients.
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