FDA grants orphan drug designation for frontotemporal dementia therapy
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The FDA and European Commission have both granted orphan drug designation to AviadoBio for its new gene therapy to treat frontotemporal dementia, according to a company press release.
“Achieving orphan designations in both the U.S. and E.U. represents an important milestone in bringing AVB-101 to FTD patients who are living with a debilitating disease without treatment options. We are committed to advancing our proprietary gene therapy platform and working with regulatory authorities and the FTD community to bring a desperately needed option to patients,” Lisa Deschamps, CEO of AviadoBio, said in the release.
AVB-101 is an investigational, adeno-associated virus gene therapy designed for patients with FTD with mutations in the progranulin gene. The drug is designed to slow or arrest disease progression by delivering a functional copy of the GRN gene throughout the central nervous system to restore normal progranulin levels.
Deschamps added that she anticipates initiating clinical trials later in 2022.
“As a clinician who has been treating this patient group for many years, I am looking forward to seeing how this therapeutic candidate performs in clinical studies,” Christopher Shaw, MD, co-founder and chief scientific and clinical adviser at AviadoBio, stated in the release.