Proteon Therapeutics, Inc. Announces Orphan Drug Designation In The European Union For PRT-201
1/8/2014 10:20:52 AM
WALTHAM, Mass.--(BUSINESS WIRE)--Proteon Therapeutics, Inc., a privately held biopharmaceutical company developing novel, first-in-class pharmaceuticals to address the critical medical needs of patients with kidney and vascular diseases, today announced that its lead product, PRT-201, has received orphan drug designation in the European Union (EU) for the prevention of arteriovenous access dysfunction in hemodialysis patients. Proteon is investigating the use of PRT-201, a locally acting recombinant human elastase applied during surgical placement of a vascular access, to reduce vascular access failure. PRT-201 has previously received fast track and orphan drug designations from the U.S. Food and Drug Administration (FDA).
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