💥Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Island Pharmaceuticals receives FDA feedback on IND for Phase 2a clinical trial of dengue vaccine

Published 20/01/2023, 11:18 am
©  Reuters Island Pharmaceuticals receives FDA feedback on IND for Phase 2a clinical trial of dengue vaccine

Island Pharmaceuticals Ltd (ASX:ILA) has received feedback from the US Food and Drug Administration (FDA) on its Investigational New Drug (IND) application for the ISLA-101 Phase 2a PEACH clinical trial.

The mid-clinical stage antiviral drug development company may be required to amend the study’s protocol and provide support for or modify the proposed dosing schedule.

The IND has been placed on ‘Clinical Hold’, with a formal letter to be issued by the FDA within the next 30 days.

ISLA-101 is a well-known drug candidate that is being repurposed for the prevention and treatment of dengue fever and other mosquito or vector borne diseases.

Working together

“We appreciate all feedback from the FDA on the trial, and will work quickly and constructively to address the Administration’s feedback,” Island chief executive officer and managing director Dr David Foster said.

“As soon as we have a material update, we look forward to sharing the next steps on the ISLA-101 program with the market.”

PEACH study

The IND application is a request from a clinical study sponsor to obtain authorisation from the FDA to administer an investigational drug or biological product to humans.

Island is the sponsor for the PEACH study, which is a Phase 2a randomised, double-blind, placebo-controlled study for the Prophylactic Examination of an Antiviral in a Dengue Challenge model.

If ISLA-101 achieves FDA approval, and certain other criteria are met, Island may be eligible for a 'Priority Review Voucher' (PRV) at the time of approval.

This means that as well as getting approval to manufacture and sell ISLA-101, the PRV permits Island to expedite the FDA approval process for a new drug or sell the PRV in a secondary market.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.