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Benzinga
Benzinga
Technology
Ragothaman Srinivasan

Mustang Bio Shares Gain As FDA Grants Orphan Drug Status To Waldenstrom Drug

The U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to Mustang Bio’s (NASDAQ:MBIO) lead drug MB-106 for the treatment of Waldenstrom macroglobulinemia (WM), a rare type of B-cell non-Hodgkin lymphoma (B-NHL).
MB-106 is being developed in a collaboration between Mustang and Fred Hutchinson Cancer Center for patients suffering from relapsed or refractory B-NHLs and chronic lymphocytic leukemia (CLL).

The company is planning to begin patient enrolment in its multicenter Phase 1/2 clinical trial evaluating the safety and efficacy of MB-106 for relapsed or refractory B-NHL and CLL.

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