FDA Orphan Drug Designation for Padeliporfin ImPACT in Upper Tract Urothelial Cancer
Barak Palatchi, CEO of Steba Biotech, the IMmune Photo Activate Cancer Treatment (IMPACT) specialist, said, “We are delighted to receive Orphan Drug Designation for Padeliporfin ImPACT in UTUC, further validating Steba’s technology and the benefits our product could bring to people suffering from UTUC. It has been less than a year since we embarked on our new strategy, refocusing Padeliporfin ImPACT on diseases for patients with limited treatment options. In UTUC, the current standard of care is nephrectomy; our hope is that Padeliporfin ImPACT offers these patients an effective treatment option that preserves their kidney. UTUC is the first indication of our ambitious 3-year plan. We are looking forward to exploring the possibility of offering Padeliporfin ImPACT to more patients coping with life threatening cancers.”
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