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Stock impact report

FDA Grants Review Date For Applied Therapeutics' First Commercial Product For Rare Metabolic Disorder [Yahoo! Finance]

Applied Therapeutics, Inc. (APLT) 
Last applied therapeutics, inc. earnings: 11/13 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The NDA was granted Priority Review status, and the FDA assigned a Prescription Drug User Free Act (PDUFA) target action date of August 28, 2024. The FDA also noted that it plans to hold an advisory committee meeting to discuss the application. Govorestat was previously granted Pediatric Rare Disease designation and will qualify for a Priority Review Voucher (PRV) upon approval. If approved, govorestat would be the first medication indicated for the treatment of Galactosemia and would be Applied Therapeutics' first commercial product. The company has also submitted a Marketing Authorization Application (MAA) for govorestat for Classic Galactosemia to the European Medicines Agency (EMA), which was validated in December 2023 and is under review by the EMA's Committee for Medicinal Products for Human Use. The company expects a decision by the EMA in the fourth quarter of 2024. Galactosemia is a rare genetic metabolic disease resulting in an inability to metabolize the simple Show less Read more
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