Newly-formed UTILITY therapeutics, which is focused on developing and commercializing antibiotics, has been granted Qualified Infectious Disease Products (QIDP) for both mecillinam and pivmecillinam, for the treatment of complicated urinary tract infections (cUTI).
Founded last year in Ely, UK, the firm announced only last week that it had taken on the rights to the drugs from Denmark's LEO Pharma, for the purpose of gaining regulatory approval in the USA.
The QIDP designation provides certain incentives for the development of antibacterial and antifungal drug products that treat serious or life-threatening infections, which may include priority review, and a five-year extension of market exclusivity.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze