FDA approves Omisirge, a cell therapy for patients with blood cancers
The US Food and Drug Administration yesterday approved Omisirge (omidubicel-onlv), a substantially modified allogeneic (donor) cord blood-based cell therapy to quicken the recovery of neutrophils (a subset of white blood cells) in the body and reduce the risk of infection.
The approval for this therapy has been granted to Israel and Boston, USA-based Gamida Cell (Nasdaq: GMDA), which has struggled to get Omisirge eapproved and has been forced into recent cost-measures as funding began to run out.
The news was well received by investors, causing Gamida’s shares to leap more than 50%, and still close the day up 39% at $1.12.
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