Pfizer - OPKO Health's Growth Hormone Deficiency Candidate Receives FDA Response Letter
The FDA has issued a Complete Response Letter (CRL) to Pfizer Inc (NYSE: PFE) and OPKO Health Inc's (NASDAQ: OPK) somatrogon.
Somatrogon is an investigational once-weekly long-acting recombinant human growth hormone for pediatric growth hormone deficiency (GHD).
Pfizer is evaluating the FDA's comments.
Earlier this week, Japan's Ministry of Health, Labour, and Welfare approved Ngenla (somatrogon) Injection 24 mg Pens and 60mg Pens for the long-term treatment of GHD pediatric patients.
In 2021, Health Canada approved Ngenla, and in December 2021, the Committee for Medicinal Products for Human Use (CHMP) of EMA issued a positive opinion recommending approval of somatrogon.
Related content: Benzinga's Full FDA Calendar.
The European Commission (EC) decision is expected in early 2022.
In 2014, Pfizer and OPKO entered into a worldwide agreement to develop and commercial somatrogon for the treatment of GHD.
Under the agreement, OPKO is responsible for conducting the clinical program, and Pfizer is responsible for registering and commercializing the product for GHD.
Price Action: PFE shares are down 3.77% at $50.80, and OPK stock is down 12.50% at $3.71 during the premarket session on Monday's last check.
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