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Stock impact report

BioRestorative Announces Positive Outcome from Type B Meeting with FDA

BioRestorative Therapies, Inc. (BRTX) 
NASDAQ:AMEX Investor Relations: biorestorative.com/content/investor-relations
Company Research Source: GlobeNewswire
BioRestorative completed a Type B meeting with the U.S. Food and Drug Administration (“FDA”) regarding a potential accelerated Biologics License Application (“BLA”) approval pathway for the Fast-Track-Designated BRTX-100 program for the treatment of chronic lumbar disc disease (“cLDD”)Consistent positive clinical safety endpoints from BioRestorative’s ongoing 99 patient Phase 2 clinical trial of BRTX-100 in cLDD were discussed in the meeting and the FDA did not raise any clinical safety concerns FDA endorsed the proposed Phase 3 study design (i.e., outcome assessments, dosing strategy, and eligibility criteria), sample size, and powering assumptions pending final review of Phase 3 investigational new drug (“IND”) application submissionFDA feedback confirms alignment of the Company’s ongoing Chemistry Manufacturing and Controls (CMC) activities prior to submission of an IND application for a Phase 3 trialBased on the positive final official summary of this Type B meeting, BioRestorativ Show less Read more
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