Australia has become the first country anywhere to grant regulatory approval to a cancer drug originally found in a marine microorganism.
The Therapeutic Goods Association (TGA) has approved Aplidin (plitidepsin) for the treatment of multiple myeloma, in combination with dexamethasone, for patients who have failed or are resistant to other therapies.
Aplidin was developed by PharmaMar (MSE: PHM), a Spanish biopharma that takes its inspiration from the sea to discover molecules with antitumor activity, but the company has licensed the product to Specialised Therapeutics Asia (STA) in Australia, New Zealand and several Southeast Asian countries.
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