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Radiopharm (ASX:RAD) receives second FDA Orphan Drug Designation, this time for Ga68-Trivehexin (RAD 301) - Kalkine Media

May 09, 2023 02:25 PM AEST | By Ankit Sethi
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Highlights

  • Radiopharm now has two Orphan Drug Designations from the US federal agency responsible for public health
  • RAD 301 Phase 1 clinical trial is planned to commence in the US over the next few weeks
  • Ga68-Trivehexin (RAD 301) is being developed for imaging and treatment of pancreatic cancer

Radiopharm Theranostics (ASX: RAD), an Australian radiotherapeutics company developing therapies to address unmet medical needs, has informed that its Ga68-Trivehexin (RAD 301) radiopharmaceutical technology has been granted the Orphan Drug Designation by the US federal agency Food and Drug Administration (FDA). With this recognition, Radiopharm now has two Orphan Drug Designations.

Shares of Radiopharm traded at AU$0.17 at the time of writing on 9 May 2023, with RAD's market cap over AU$57 million.


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