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Delay For Calliditas Kidney Drug Not Major Cause For Concern

FDA Extends Review For Nefecon

 
• By Kevin Grogan

Shares in Sweden's Calliditas have taken a tumble on the news that the US FDA has pushed back the action date for its immunoglobulin A nephropathy Nefecon. However, the company, and certain analysts, are less worried, believing the delay is just a blip.

Time delay

Having recently ramped up commercial activities ahead of launching Nefecon, Calliditas Therapeutics AB's launch plans have been put back by the news that US regulators have delayed their review of the Swedish firm's rare kidney disease drug by three months.

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