Ascendis Pharma's YORVIPATH Earns U.S. Orphan Drug Status
Ascendis Pharma secures FDA Orphan Drug exclusivity for YORVIPATH to treat adult hypoparathyroidism.
Breaking News
Sep 12, 2024
Mrudula Kulkarni
Ascendis Pharma A/S has secured Orphan Drug exclusivity from
the U.S. Food & Drug Administration (FDA) for its therapy, YORVIPATH®
(palopegteriparatide, developed under the name TransCon PTH). This approval
grants the company seven years of exclusive rights to market YORVIPATH in the
U.S. as a treatment for adult hypoparathyroidism, a rare endocrine disorder.
YORVIPATH, a prodrug of parathyroid hormone (PTH [1-34]), is
administered once daily and is designed to maintain consistent PTH levels
throughout the day. Hypoparathyroidism affects an estimated 70,000 to 90,000
individuals in the U.S. and disrupts various bodily functions due to inadequate
parathyroid hormone production
Jan Mikkelsen, Ascendis Pharma’s President and Chief
Executive Officer stated, “YORVIPATH has now been granted orphan exclusivity in
the U.S., European Union, and other countries, reflecting the uniqueness of
YORVIPATH to address this rare disease. As the first and only FDA-approved
treatment of hypoparathyroidism in adults, we believe that YORVIPATH has great
potential to address the underlying disease and look forward to making it
available to patients in the U.S. as quickly as possible.”
In June 2018, the U.S. FDA awarded Orphan Drug Designation
to TransCon PTH (palopegteriparatide). This designation is reserved for
medications aimed at treating, diagnosing, or preventing rare diseases
affecting fewer than 200,000 individuals in the U.S., and which may offer
improved safety or effectiveness compared to existing treatments.
While Orphan Drug Designation provides several advantages,
such as a seven-year period of market exclusivity in the U.S. once the drug is
approved, exemption from FDA user fees, and tax credits for clinical research,
it does not change the FDA's requirements for demonstrating a drug's safety and
efficacy through rigorous studies. Additionally, it does not confer any special
benefits during the regulatory review and approval process.