Specialty UK pharma company Shield Therapeutics (LSE: STX) will know the fate of its New Drug Application (NDA) for its iron deficiency drug Feraccru (ferric maltol) by July 27, 2019.
The Prescription Drug User Fee Act date for completion of the review has been announced by the Food and Drug Administration, as Shield seeks to gain access to the US market, where the company currently retains all rights to the drug but is looking for a commercial partner.
Feraccru has already been approved in Europe for iron deficiency in adults, and Netherlands-headquartered company Norgine has in-licensed rights to the drug there, and has started sales and marketing activities.
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