Swiss drug major Novartis (NOVN: VX) has been granted Breakthrough Therapy designation for its leukemia treatment CTL019 from the US Food and Drug Administration.
The drug is an investigational chimeric antigen receptor and can be used in the treatment of pediatric and adult patients with relapsed or refractory acute lymphoblastic leukemia.
Novartis received the designation through its partnership with the University of Pennsylvania’s Perelman School of Medicine, with which it has a global agreement to research, develop and commercialize CAR T cell therapies for cancer.
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