regulatory
confidence high
sentiment positive
materiality 0.75
Crinetics submits NDA to FDA for paltusotine for acromegaly; Phase 3 data support submission
Crinetics Pharmaceuticals, Inc.
- NDA supported by 18 clinical trials including two Phase 3 PATHFNDR studies; all primary and secondary endpoints met.
- FDA notification on NDA acceptance expected in December 2024.
- Paltusotine is first once-daily oral SST2 nonpeptide agonist in development for acromegaly.
- Drug also in Phase 2 for carcinoid syndrome associated with neuroendocrine tumors.
- CEO states submission is a key step toward delivering a new therapy for the acromegaly community.