regulatory
confidence high
sentiment positive
materiality 0.85
Galera Therapeutics announces FDA priority review of NDA for avasopasem in SOM; PDUFA date Aug 9, 2023
Galera Therapeutics, Inc.
- FDA accepted NDA for avasopasem manganese for radiotherapy-induced severe oral mucositis in head/neck cancer.
- Priority review assigned; PDUFA target action date of August 9, 2023; no advisory committee meeting planned.
- Company estimates total US market opportunity for SOM exceeds $1 billion.
- Preliminary cash and investments balance of ~$31.6M as of Dec 31, 2022; audited results pending.