Market Overview

UPDATE: FDA Lifts Clinical Hold on PharmAthene's SparVax Program

Related PIP
Stocks Hitting 52-Week Lows
Morning Market Losers

PharmAthene, Inc. (NYSE: PIP), a biodefense company developing medical countermeasures against biological and chemical threats, announced today that the U.S. Food and Drug Administration (FDA) has lifted the clinical hold previously placed on a proposed Phase II study of SparVax^®, a next generation recombinant anthrax vaccine.  

In a letter to the Company, the FDA acknowledged that PharmAthene had satisfactorily addressed all of the Agency's clinical hold issues and that consequently, the clinical hold had been lifted, effective immediately.

The clinical hold was enacted in August 2012, prior to the commencement of a proposed Phase II clinical trial of SparVax^®. In its original notification to the Company, the FDA requested that PharmAthene provide additional stability data for both its engineering and GMP lots of U.S. manufactured Final Drug Product, as well as additional information about the intended stability indicating assays. 

Posted-In: News FDA

 

Related Articles (PIP)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters