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April 10, 2024
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FDA fast tracks investigational bispecific therapy for aggressive lung cancer

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The FDA granted fast track designation to PT217, a novel bispecific antibody, for the treatment of adults with extensive-stage small cell lung cancer, according to a release from the manufacturer.

The designation applies to individuals who experience disease progression after platinum-based chemotherapy, regardless of whether they received previous treatment with an immune checkpoint inhibitor.

Generic FDA News infographic
FDA grants fast track designation to a novel bispecific antibody for treatment of small cell lung cancer.

The FDA's fast track designation helps to expedite development, review and potential approval of treatments for serious or life-threatening diseases.

PT217 (Phanes Therapeutics) is a first-in-class bispecific antibody that targets the proteins delta-like ligand 3 (DLL3) and CD47. The investigational agent previously received orphan drug designation by the FDA for treatment of small cell lung cancer and is also being evaluated in adults with large-cell neuroendocrine carcinoma of the lung and extrapulmonary neuroendocrine carcinomas.

“PT217 has the potential to be a transformative treatment option for patients with small cell lung cancer, large-cell neuroendocrine carcinoma and extrapulmonary neuroendocrine carcinomas in various settings,” Ming Wang, PhD, MBA, founder and CEO of Phanes Therapeutics, said in a company-issued press release. “We believe the optimized anti-CD47 bispecific antibody approach can unlock the full potential of the innate immunity in targeting solid tumors.”

The phase 1 SKYBRIDGE trial is currently evaluating the safety, tolerability, pharmacokinetics and preliminary efficacy of PT217 in adults with advanced or treatment-refractory malignancies that express DLL3.