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FDA Grants QIDP and Fast Track Designations to VT-1161

 

 

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Viamet Pharmaceuticals, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted Qualified Infectious Disease Product (QIDP) and Fast Track designations to VT-1161, a novel oral agent for the treatment of recurrent vulvovaginal candidiasis (RVVC), or recurrent vaginal yeast infection, a common and difficult to treat condition in women. There are no approved therapies in the United States for RVVC.

“Recurrent vulvovaginal candidiasis affects an estimated 5 - 8% of women of child-bearing age in the United States,” said Robert Schotzinger, M.D., Ph.D. and CEO of Viamet. “The large number of women afflicted by this condition, combined with the lack of approved therapies, highlight the immense need for a safe and effective treatment for RVVC. We are very pleased with the FDA’s decision to grant QIDP and Fast Track designations to VT-1161, and look forward to the continued development of this novel therapy.”

Created under the Generating Antibiotics Incentives Now (GAIN) Act of 2012, QIDP designation provides significant incentives for the development of innovative antimicrobial agents like VT-1161, including the potential for priority review by the FDA, and a five-year extension of marketing exclusivity under the Hatch-Waxman Act. Fast Track designation from the FDA supports the development and expedited review of new therapies with a goal to deliver important new drugs to patients earlier in order to fill unmet medical needs.

VT-1161, the company’s lead product candidate, is nearing completion of Phase 2b testing for the oral treatment of RVVC and onychomycosis, a highly prevalent fungal infection of the nail. Viamet is also developing VT-1129, currently in Phase 1 testing for the treatment of cryptococcal meningitis, a life-threatening fungal infection of the brain, and VT-1598 for the treatment of coccidioidomycosis, or Valley Fever.

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