New Prescription Drug User Fee Act (PDUFA) date
of June 30, 2024
Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated,
late-stage biotechnology company advancing a sustainable pipeline
of genetic therapies for rare disorders with high unmet need, today
announced the U.S. Food and Drug Administration (FDA) has extended
the Priority Review period for the Biologics License Application
(BLA) for KRESLADI™ (marnetegragene autotemcel) for severe
Leukocyte Adhesion Deficiency-I (LAD-I). The FDA extended the
review period by three months, to June 30, 2024, to allow
additional time to review clarifying Chemistry, Manufacturing, and
Controls (CMC) information submitted by Rocket in response to FDA
information requests. The FDA has further confirmed that an
advisory committee meeting is not needed.
“We look forward to continuing our close collaboration with the
FDA and together share a deep sense of responsibility in the
rigorous process required to bring novel, potentially curative gene
therapies, like KRESLADI™ to patients who need them most,” said
Gaurav Shah, M.D., Chief Executive Officer, Rocket Pharma. “We
remain confident and focused on making this therapy available for
patients as quickly as possible.”
Positive top-line data from the global Phase 1/2 study of
KRESLADI™ demonstrated 100% overall survival at 12 months
post-infusion (and for the entire duration of follow-up) for all
nine LAD-I patients with 12 to 24 months of available follow-up.
Data also showed large decreases compared with pre-treatment
history in the incidences of significant infections, combined with
evidence of resolution of LAD-I-related skin lesions and
restoration of wound repair capabilities. All primary and secondary
endpoints were met, and KRESLADI™ was very well tolerated in all
patients with no treatment related serious adverse events.
About KRESLADI™ (marnetegragene autotemcel)
KRESLADI™ is an investigational gene therapy that contains
autologous (patient-derived) hematopoietic stem cells that have
been genetically modified with a lentiviral (LV) vector to deliver
a functional copy of the ITGB2 gene, which encodes for the beta-2
integrin component CD18, a key protein that facilitates leukocyte
adhesion and enables their extravasation from blood vessels to
fight infection. Rocket holds FDA Regenerative Medicine Advanced
Therapy (RMAT), Rare Pediatric, and Fast Track designations in the
U.S., PRIME and Advanced Therapy Medicinal Product (ATMP)
designations in the EU, and Orphan Drug designations in both
regions for the program. KRESLADI™ was in-licensed from the Centro
de Investigaciones Energéticas, Medioambientales y Tecnológicas
(CIEMAT), Centro de Investigación Biomédica en Red de Enfermedades
Raras and Instituto de Investigación Sanitaria Fundación Jiménez
Díaz. The lentiviral vector was developed in a collaboration
between University College London and CIEMAT.
About Leukocyte Adhesion Deficiency-I
Severe Leukocyte Adhesion Deficiency-I (LAD-I) is a rare,
autosomal recessive pediatric disease caused by mutations in the
ITGB2 gene encoding for the beta-2 integrin component CD18. CD18 is
a key protein that facilitates leukocyte adhesion and extravasation
from blood vessels to combat infections. As a result, children with
severe LAD-I are often affected immediately after birth. During
infancy, they suffer from recurrent life-threatening bacterial and
fungal infections that respond poorly to antibiotics and require
frequent hospitalizations. Children who survive infancy experience
recurrent severe infections including pneumonia, gingival ulcers,
necrotic skin ulcers, and septicemia. Without a successful bone
marrow transplant, survival beyond childhood is rare. LAD-I is
estimated to impact an estimated 800 to 1,000 individuals in the
U.S. and Europe. Currently the only potential curative treatment is
an allogeneic hematopoietic stem cell transplant, which may not be
available in time for these children and itself has substantial
morbidity and mortality. There is a high unmet medical need for
patients with severe LAD-I.
Rocket’s LAD-I research is made possible by a grant from the
California Institute for Regenerative Medicine (Grant Number
CLIN2-11480). The contents of this press release are solely the
responsibility of Rocket and do not necessarily represent the
official views of CIRM or any other agency of the State of
California.
About Rocket Pharmaceuticals, Inc.
Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) is a fully
integrated, late-stage biotechnology company advancing a
sustainable pipeline of investigational genetic therapies designed
to correct the root cause of complex and rare disorders. Rocket’s
innovative multi-platform approach allows us to design the optimal
gene therapy for each indication, creating potentially
transformative options that enable people living with devastating
rare diseases to experience long and full lives.
Rocket’s lentiviral (LV) vector-based gene therapies target
hematologic diseases and consist of late-stage programs for Fanconi
Anemia (FA), a difficult to treat genetic disease that leads to
bone marrow failure and potentially cancer, Leukocyte Adhesion
Deficiency-I (LAD-I), a severe pediatric genetic disorder that
causes recurrent and life-threatening infections which are
frequently fatal, and Pyruvate Kinase Deficiency (PKD), a monogenic
red blood cell disorder resulting in increased red cell destruction
and mild to life-threatening anemia.
Our adeno-associated virus (AAV)-based cardiovascular portfolio
includes a late-stage program for Danon Disease, a devastating
heart failure condition resulting in thickening of the heart, an
early-stage program in clinical trials for PKP2-arrhythmogenic
cardiomyopathy (ACM), a life-threatening heart failure disease
causing ventricular arrhythmias and sudden cardiac death, and a
pre-clinical program targeting BAG3-associated dilated
cardiomyopathy (DCM), a heart failure condition that causes
enlarged ventricles.
For more information about Rocket, please visit
www.rocketpharma.com and follow us on LinkedIn, YouTube and X.
Rocket Cautionary Statement Regarding Forward-Looking
Statements
Various statements in this release concerning Rocket’s future
expectations, plans and prospects, including without limitation,
Rocket’s expectations regarding the safety and effectiveness of
KRESLADI™, the expected timing and data readouts of Rocket’s
ongoing and planned clinical trials, and the expected timing and
outcome of Rocket’s regulatory interactions and planned
submissions, , may constitute forward-looking statements for the
purposes of the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995 and other federal securities laws and
are subject to substantial risks, uncertainties and assumptions.
You should not place reliance on these forward-looking statements,
which often include words such as "believe," "expect,"
"anticipate," "intend," "plan," "will give," "estimate," "seek,"
"will," "may," "suggest" or similar terms, variations of such terms
or the negative of those terms. Although Rocket believes that the
expectations reflected in the forward-looking statements are
reasonable, Rocket cannot guarantee such outcomes. Actual results
may differ materially from those indicated by these forward-looking
statements as a result of various important factors, including,
without limitation, trial timelines and data readouts, our
expectations regarding our drug supply for our ongoing and
anticipated trials, actions of regulatory agencies, which may
affect the initiation, timing and progress of pre-clinical studies
and clinical trials of its product candidates, Rocket’s dependence
on third parties for development, manufacture, marketing, sales and
distribution of product candidates, the outcome of litigation, and
unexpected expenditures, as well as those risks more fully
discussed in the section entitled "Risk Factors" in Rocket’s Annual
Report on Form 10-K for the year ended December 31, 2022, filed
February 28, 2023 with the SEC and subsequent filings with the SEC
including our Quarterly Reports on Form 10-Q. Accordingly, you
should not place undue reliance on these forward-looking
statements. All such statements speak only as of the date made, and
Rocket undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240213024672/en/
Media Kevin Giordano media@rocketpharma.com
Investors Brooks Rahmer investors@rocketpharma.com
Rocket Pharmaceuticals (NASDAQ:RCKT)
Historical Stock Chart
From Feb 2025 to Mar 2025
Rocket Pharmaceuticals (NASDAQ:RCKT)
Historical Stock Chart
From Mar 2024 to Mar 2025