TC Biopharm announces orphan drug status has been granted for lead product OmnImmune® for use in Acute Myeloid Leukemia (“AML”).
EDINBURGH, Scotland, March 17, 2022 /PRNewswire/ -- TC BioPharm (Holdings) PLC (“TC Biopharm” or the “Company”) (NASDAQ: TCBP) (NASDAQ: TCBPW), a clinical stage biotechnology company developing platform allogeneic gamma-delta T cell therapies for cancer and viral indications, announces orphan drug status has been granted for lead product OmnImmune® for use in Acute Myeloid Leukemia (“AML”). After reviewing the Phase 1b/2a trial results in relapse/refractory AML patients the FDA approved the Company’s application for Orphan Drug Status. “This is another milestone achieved by TC BioPharm, further strengthening our leadership position in Gamma Delta therapies for oncology,” stated CEO Bryan Kobel. “The granting of orphan drug status provides us a seven-year window post approval of exclusive marketing rights for allogeneic gamma delta use in AML, another added layer of protection around our lead product in a commercial setting beyond our existing strong IP. We look forward to the advancement of OmnImmune® in the Phase 2b/3 trial and to helping patients with AML in the near future.” Orphan drug status is a designation granted by the Federal Drug Administration for therapies targeting rare diseases. The status allows for a seven-year exclusive marketing window post approval of the drug, certain lowered application fees and tax incentives, broadly. About OmnImmune® About TC BioPharm, Ltd. TC BioPharm is the leader in developing banked allogeneic gamma-delta T cell therapies, and the first company to conduct ICH compliant phase II/pivotal clinical studies in oncology. The Company is conducting two investigator-initiated clinical trials for its unmodified gamma-delta T cell product line - Phase 2b/3 pivotal trial for OmnImmune in treatment of acute myeloid leukemia and Phase I trial for ImmuniStim® in treatment of Covid patients using the Company’s proprietary allogenic CryoTC technology to provide frozen product to clinics worldwide. TC BioPharm also maintains a robust pipeline for future indications in solid tumors and other aggressive viral infections as well as a significant IP/patent portfolio in the use of CARs with gamma delta T-cells and owns our manufacturing facility to maintain cost and product quality controls. Forward Looking Statements View original content to download multimedia:https://www.prnewswire.com/news-releases/tc-biopharm-announces-fda-orphan-drug-status-granted-for-omnimmune-301504527.html SOURCE TC BioPharm | ||
Company Codes: NASDAQ-NMS:TCBP |