October 30, 2014 | Kamada has been awarded orphan drug status from the US Food & Drug Administration for Glassia, a drug to treat Graft-versus-host-disease (GVHD). When a company receives orphan drug status they are able to receive grant money, tax credits and seven years of marketing exclusivity, with the possibility for an extended regulatory process. Preliminary human and animals studies show that Glassia may be able to treat and reduce the severity of of GVHD, one of the key complications that occurs in stem cell transplantation. Kamida is a biopharmaceutical company based in Israel co-founded by CEO David Tsur.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Tel Aviv University Ranked 7th In World For Global Entrepreneurship
October 01, 2024
IIA Backs R&D By Startup Using Bacteria To Help Crops Grow
September 30, 2024
GreenTech Startup Receives €5M European Sustainability Grant
September 30, 2024
Facebook comments