Atox Bio receives orphan drug designation for AB103

27th October 2011 (Last Updated October 27th, 2011 18:30)

Atox Bio has been granted orphan drug designation by US Food and Drug Administration (FDA) for AB103, used to treat necrotising soft tissue infections.

Atox Bio has been granted orphan drug designation by US Food and Drug Administration (FDA) for AB103, used to treat necrotising soft tissue infections.

AB103 is a short peptide that acts as a CD28 modulator, regulating the inflammatory response in the host.

The drug candidate has completed a Phase I study and expects to go into a Phase II proof-of-concept study to assess its clinical benefit.

Atox Bio CEO Dan Teleman said, "The FDA's decision to grant AB103 orphan drug designation is another important milestone for our clinical program and underscores the urgency of the need for new treatments for this life threatening infection."