Swedish ophthalmic specialist Clanotech, which is 80% owned by Karolinska Development, has received orphan drug designation from the European Medicines Agency for its anti-fibrotic and anti-angiogenic candidate drug CLT-28643.
The drug is being investigated for potential use in prevention of scarring post-glaucoma filtration surgery. The company’s lead substance, an α5β1-integrin antagonist, is expected to benefit the wound-healing process with its anti-angiogenic, anti-fibrotic and anti-inflammatory properties.
Clanotech’s receipt of orphan drug designation will significantly shorten a future market approval process and reinforce market exclusivity for the product when launched.
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