Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

FDA grants Keros Therapeutics fast track for anemia drug

EditorEmilio Ghigini
Published 14/03/2024, 12:14
© Reuters.

LEXINGTON, Mass. - Keros Therapeutics, Inc. (NASDAQ: KROS), a clinical-stage biopharmaceutical company, announced today that the U.S. Food and Drug Administration has awarded Fast Track designation to its lead product candidate, KER-050 (elritercept), for treating anemia in adults with certain risk levels of myelodysplastic syndromes (MDS).

The Fast Track designation is intended to hasten the development and review of drugs that show potential to meet unmet medical needs in serious or life-threatening conditions. This designation will allow Keros Therapeutics more frequent interactions with the FDA to discuss KER-050's development plan and enables a rolling submission of the marketing application. It may also lead to priority review and accelerated approval.

KER-050 is designed to treat cytopenias, including anemia and thrombocytopenia, in patients with MDS and myelofibrosis. It is a fusion protein that combines a modified ligand-binding domain of the TGF-β receptor with a fragment of the human antibody, aiming to address dysfunctional signaling of the TGF-β family of proteins.

Jasbir S. Seehra, Ph.D., President and CEO of Keros, expressed the company's commitment to fulfilling the urgent need for new treatments for lower-risk MDS. The company plans to initiate a Phase 3 clinical trial for KER-050 in the first half of this year.

Keros Therapeutics is focused on developing treatments for a variety of disorders linked to TGF-β protein signaling, including blood, bone, and heart tissue growth, repair, and maintenance. Besides KER-050, the company's pipeline includes KER-012 for pulmonary arterial hypertension and cardiovascular disorders, and KER-065 for obesity and neuromuscular diseases.

The information in this article is based on a press release statement from Keros Therapeutics, Inc. The company's forward-looking statements involve risks and uncertainties, including the need for additional funding, dependence on product candidate success, and potential delays in clinical trials. These risks are detailed in the company's SEC filings.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.