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Stock impact report

Life Molecular Imaging Receives Orphan Drug Designations for its Tau Tracer PI-2620 as Diagnostic Tool for Progressive Supranuclear Palsy and Corticobasal Degeneration

AC Immune SA (ACIU) 
Last ac immune sa earnings: 11/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: acimmune.com/en/investors
Company Research Source: PR Web
BERLIN (PRWEB) May 20, 2021 Life Molecular Imaging (LMI) announces today that PI-2620 has been granted four different orphan drug designations, two by the European Commission and two by the U.S. Food and Drug Administration. The designations in Europe cover diagnosis of Progressive Supranuclear Palsy (PSP) and diagnosis of Corticobasal Degeneration (CBD). The U.S. designations have been granted for the clinical management of PSP and clinical management of CBD. With this, PI-2620 is the first and only imaging agent for positron emission tomography (PET) to receive orphan drug designation for the diagnosis of PSP and CBD.PSP and CBD are both rare and rapidly progressive neurodegenerative diseases that can lead to premature death. It can be challenging to diagnose patients based on symptoms, such as movement difficulties, stiffness, clumsiness, cognitive impairment and frequent falls, because they are also present in other, non-tau-related neurodegenerative diseases, like Parkinson's di Show less Read more
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