Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Technology
Vandana Singh

Aptorum Shares Rise After FDA Orphan Drug Tag For Repurposed Compound For Pediatric Cancer

FDA

The FDA has granted Orphan Drug Designation to Aptorum Group Limited (NASDAQ:APM) SACT-1, a repurposed small molecule compound for Neuroblastoma.

  • Aptorum Group plans to file an Investigational New Drug Application (IND) to commence a Phase 1b/2a trial for SACT-1 in 2022.
  • Neuroblastoma is one of the most prevailing solid tumor cancers in children, representing 8% - 10% of all childhood tumors, accounting for around 15% of all cancer-related deaths in the pediatric population.
  • Aptorum received its first US patent regarding SACT-1 repurposed drug for various cancers earlier this week.
  • The SACT-1 invention provides a composition and method for treating or preventing the growth of cancerous tumors and/or delaying the onset of cancer from tumor-initiating cells. 
  • Price Action: APM shares are up 30.3% at $1.59 during the premarket session on the last check Thursday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
"Clone me, you bastards!": If you've ever wanted to clone Ozzy Osbourne for future generations to enjoy, we have good news
The DNA is now available to purchase, attached to cans of Liquid Death iced tea consumed by the Prince Of Darkness himself
Metal Hammer
Metal Hammer
If Kraft Heinz Plans to Remove Artificial Dyes by 2027, What Have We Been Eating?
Ever stopped to wonder what exactly gives Kool-Aid its neon punch or Jell‑O its flashy hues? If Kraft Heinz removes artificial dyes by 2027, you might finally get the answer. With growing regulatory pressure and consumer concern, understanding what’s in these foods matters more than ever. This deep dive reveals what…
Grocery Coupon Guide
Grocery Coupon Guide
Chef Jon Yao pays tribute to LA at James Beard awards: ‘This city is built by immigrants’
Kato chef receives award and says immigrant communities in LA ‘are being ripped apart’ and urges people to speak up
The Guardian - US
The Guardian - US
Country Star, 48, Abruptly Stops Singing Mid-Concert After He ‘Forgot All The Words’
"He gets hate, but I love how realistic he is."
Bored Panda
Bored Panda
Experts warn this worrying parenting mistake may cause teens to be anxious and depressed
A new national poll by the University of Michigan’s C.S. Mott Children’s Hospital suggests that a rise in teen anxiety and depression may be linked to increasingly overprotective parenting.
The Independent UK
The Independent UK
ICE Agent Piñatas Go Viral on Social Media Amid Backlash to Immigration Raids
Videos on social media showed a Los Angeles store window filled with piñatas inspired by agents of the immigration service, better known as ICE, days after the massive national protest against raids on undocumented immigrants.
Latin Times
Latin Times
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play