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Stock impact report

Pacira's (PCRX) Knee Osteoarthritis Drug Gets FDA's RMAT Tag [Yahoo! Finance]

Pacira BioSciences, Inc. (PCRX) 
Last pacira biosciences, inc. earnings: 2/20 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.pacira.com
Company Research Source: Yahoo! Finance
inzadenovec), the company's novel, intra-articular HDAd gene therapy product candidate, which is currently being developed to treat osteoarthritis of the knee. We note that PCRX-201 is the first gene therapy product candidate to receive RMAT designation for the osteoarthritis indication. The RMAT designation is generally granted to therapies that are intended to treat or cure a serious or life-threatening disease and have the potential to address unmet medical needs. It enables early interactions between the FDA and sponsors to facilitate accelerated approval and potential priority review of a product's biologics license application. PCRX-201 also enjoys the Advanced Therapy Medicinal Products designation in the EU for the osteoarthritis indication. In the past year, shares of Pacira have plunged 23% compared with the industry's 2.8% decline. Image Source: Zacks Investment Research The FDA's RMAT designation to PCRX-201 for osteoarthritis was based on preliminary safety an Show less Read more
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