FDA partially lifts hold on development of novel kinase inhibitor
Shares in oncology company Curis (Nasdaq: CRIS) rose by around 15% on Thursday, after the US Food and Drug Administration lifted a partial clinical hold on the Phase I/II TakeAim Lymphoma trial.
The program is investigating emavusertib, a novel blocker of the IRAK4 kinase, which plays an essential role in the toll-like receptor (TLR) and interleukin-1 receptor (IL-1R) signaling pathways.
Curis - which has retained its confidence in the program throughout - said the US regulator made the decision after reviewing the "comprehensive data package" submitted by the firm.
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