FDA's extension of clinical hold for PKU drug hits BioMarin

18 February 2022
biomarinbig

US biotech BioMarin Pharmaceutical (Nasdaq: BMRN) opened Friday’s trading 2% lower.

This followed news that the US Food and Drug Administration (FDA) needs more information to resolve the clinical hold of the PHEARLESS Phase I/II study of BMN 307 issued in September 2021.

BMN 307 is an AAV5-human phenylalanine hydroxylase gene therapy being studied in adults with phenylketonuria (PKU). The FDA has requested data from additional non-clinical studies to assess the theoretical oncogenic risk to human study participants, which is expected to take several quarters.

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 account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
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

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology