By Colin Kellaher

 

Altimmune has won U.S. Food and Drug Administration fast-track designation for its lead product candidate pemvidutide in the treatment of nonalcoholic steatohepatitis, the chronic liver condition commonly known as NASH.

The Gaithersburg, Md., clinical-stage biopharmaceutical company on Thursday said it is studying the efficacy and safety of pemvidutide in NASH in a Phase 2b placebo-controlled biopsy-driven trial.

The FDA's fast-track program is designed to facilitate the development and expedite the review of treatments for serious or potentially life-threatening illnesses with high unmet medical needs.

There are currently no FDA-approved drugs to treat NASH, which is caused by a buildup of fat in the liver and is estimated to affect 17 million Americans.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 26, 2023 08:00 ET (12:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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