By Colin Kellaher

 

Applied Therapeutics Inc. on Thursday said the U.S. Food and Drug Administration granted fast-track designation to AT-007 for the treatment of galactosemia, a rare inherited disorder that hinders the body's ability to process and produce energy from a sugar called galactose.

The New York clinical-stage biopharmaceutical company said there are currently no drugs approved for galactosemia, adding that it plans to file for accelerated FDA approval of AT-007 for the treatment of the disease in the third quarter.

The FDA's fast-track program is designed to facilitate the development and expedite the review of treatments for serious or potentially life-threatening illnesses with high unmet medical needs.

The agency previously granted orphan-drug and rare-pediatric-disease designation to AT-007 for galactosemia.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

June 17, 2021 07:29 ET (11:29 GMT)

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