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FDA designates another Alexion drug a 'breakthrough'

 
• By Donna Young

Shares of Alexion Pharmaceuticals rose as much as 6.7% on 24 October on news the FDA deemed the company's synthetic form of cyclic pyranopterin monophosphate (cPMP), known as ALXN1101, a breakthrough therapy – the second product in the firm's pipeline to win the status.

Shares of Alexion Pharmaceuticals rose as much as 6.7% on 24 October on news the FDA deemed the company's synthetic form of cyclic pyranopterin monophosphate (cPMP), known as ALXN1101, a breakthrough therapy – the second product in the firm's pipeline to win the status.

In May, Alexion's investigational hypophosphatasia drug asfotase alfa (ENB-0040) won the status from the FDA (scripintelligence.com, 29 May 2013).

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