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Stock impact report

Cerecor Receives Rare Pediatric Disease Designation for CERC-801 for Patients with Inborn Error of Metabolism

Cerecor, Inc (CERC) 
Last cerecor, inc earnings: 11/14 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cerecor.com
Company Research Source: GlobeNewswire
BALTIMORE, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Cerecor Inc. (NASDAQ: CERC), a biopharmaceutical company focused on becoming a leader in development and commercialization of treatments for rare and orphan diseases in pediatrics and neurology, announced today that it has been awarded Rare Pediatric Disease Designation (RPDD) from the U.S. Food and Drug Administration (FDA) for CERC-801. CERC-801 is a substrate replacement therapy to treat an ultra-rare inherited metabolic disorder known as an Inborn Error of Metabolism (IEM). CERC-801 was originally developed by Ichorion, which Cerecor acquired in September 2018. Peter Greenleaf, Cerecor CEO, commented, “We are excited by the rapid response from the FDA and its recognition of the need for therapies for patients suffering from these serious and life-threatening disorders with no approved treatment.  This decision from the FDA further reinforces our recent Ichorion acquisition, which helped us aggressively accelerate value creation by co Show less Read more
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