Acticor Biotech obtains 'PRIME' status from EMA for stroke candidate glenzocimab
French clinical-stage drug developer Acticor Biotech (EPA: ALACT) announced late Thursday that it has received "PRIority Medicines" status from the European Medicines Agency (EMA) for its drug candidate, glenzocimab, for the treatment of patients with stroke. Acticor’s shares rose 2% to 6.12 euros in early trading today.
Acticor Biotech is a spin-off from INSERM (the French National Institute of Health and Medical Research), which is aiming to develop an innovative treatment for cardiovascular emergencies, including ischemic stroke.
The "PRIME" status granted by the European Medicines Agency (EMA) allows to reinforce the support for the development of drugs that target an unmet medical need. This status will allow Acticor Biotech to strengthen interactions and obtain early dialogues with regulatory authorities in order to confirm the clinical development plan for glenzocimab in the treatment of stroke.
IND cleared in USA
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