FDA Orphan Drug Designation for Padeliporfin VTP in Pancreatic Cancer

Barak Palatchi, CEO of ImPact Biotech, said, “We are delighted to receive Orphan Drug Designation for Padeliporfin VTP in Pancreatic Cancer, further validating ImPact’s technology and the potential benefits our product could bring to patients with locally advanced Pancreatic Cancer. We continue to believe and follow our strategy, refocusing Padeliporfin VTP treatment on patients with limited treatment options. In Pancreatic Cancer, with limited treatment options for patients who have unresectable locally advanced disease our hope is that Padeliporfin VTP will offer a safe and effective treatment that will render the disease eligible for definitive treatment. Pancreatic Cancer is one of our priority indications within our ambitious plan. We are looking forward to exploring the possibility of offering Padeliporfin VTP to more patients coping with life threatening cancers.”