MedImmune, the biologics arm of Anglo-Swedish drug major AstraZeneca (LSE: AZN) has announced that it has been granted fast track designation by the US Food and Drug Administration for MEDI8897.
The high-potency, extended-half life monoclonal antibody is being investigated for the prevention of lower respiratory tract illness caused by respiratory syncytial virus in pediatric patients. The fast track designation is designed to accelerate the development and review of drugs treating serious conditions and fill an unmet medical need.
MedImmune has previously discovered, developed and currently markets a monoclonal antibody for severe respiratory syncytial virus disease and aims to increase the number of infants protected from lower respiratory tract infectious caused by the virus.
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