FDA Greenlights Breakthroughs: From Wound Care to Rare Diseases
- futuregatecapital
- Dec 31, 2024
- 2 min read
Updated: Jan 12
December 24 2024
FutureGate | The biotech sector is abuzz with key regulatory milestones and approvals, signaling transformative impacts in patient care.
AVITA Medical ($AVH) has received FDA approval for RECELL GO®, a groundbreaking treatment for wound care and skin restoration, expanding options for patients requiring advanced healing solutions.
In the realm of fibromyalgia treatment, the FDA has set a PDUFA date of August 15, 2025, for TNX-102 SL from Tonix Pharmaceuticals ($TNXP). If approved, this would mark the first new fibromyalgia treatment in over 15 years, addressing an unmet need in chronic pain management.
Glaukos ($GKOS) has also made strides, submitting an FDA application for its innovative treatment Epioxa, targeting ophthalmic conditions.
In oncology, IMUNON ($IMUNON) reported a positive Chemistry, Manufacturing, and Controls (CMC) meeting with the FDA for IMNN-001, a treatment for advanced ovarian cancer. The therapy demonstrated a 35% increase in median overall survival during Phase 2 trials, with a Phase 3 study slated for Q1 2025.
Meanwhile, Eli Lilly ($LLY) has achieved FDA approval for Zepbound® (tirzepatide), now the first prescription treatment for moderate-to-severe obstructive sleep apnea in adults with obesity, underscoring the growing connection between metabolic health and sleep disorders.
Cystic fibrosis (CF) treatment took a leap forward with Vertex Pharmaceuticals ($VRTX) securing FDA approval for ALYFTREK™, a once-daily CFTR modulator for CF patients. Additionally, its existing therapy, TRIKAFTA, saw an expansion of its label to include more non-F508del-responsive variants, broadening its reach.
In the rare disease space, Ionis Pharmaceuticals ($IONS) received FDA approval for olezarsen, an antisense oligonucleotide targeting familial chylomicronemia syndrome, a rare genetic lipid disorder. Similarly, Rhythm Pharmaceuticals ($RYTM) gained FDA approval for IMCIVREE® (setmelanotide) for patients as young as 2 years old, offering a vital treatment for rare genetic conditions linked to obesity.
These advancements underscore the FDA's critical role in fostering innovation and providing new hope for patients across diverse medical fields.

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