DBV Technologies Says FDA Formalizes Guidance on Accelerated Approval for Viaskin Peanut Patch in Toddlers; Shares Rise After Hours

MT Newswires Live
12 Dec 2024

DBV Technologies (DBVT) said late Wednesday the US Food and Drug Administration has formalized guidance on an accelerated approval for the Viaskin Peanut patch in peanut-allergic children aged between one and three years.

The parties have agreed on the key design elements for a post-marketing confirmatory study, including study size and wear time collection methodology and analysis, the company said.

"In the recent written communication, the FDA confirmed the efficacy data from the company's phase 3 EPITOPE study can serve as an intermediate clinical endpoint," DBV said. "The FDA has agreed that the endpoint is reasonably likely to predict clinical benefit and will therefore fulfill the requirement for accelerated approval."

The company said it intends to screen the first subject in Q2 2025. It expects the biologic license application for the Viaskin Peanut patch in the said age group to be submitted for accelerated approval in H2 2026.

DBV shares were up 27% in after-hours activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10