Moleculin Biotech Says EMA Grants Orphan Drug Designation To Annamycin To Treat AML

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Moleculin Biotech Says EMA Grants Orphan Drug Designation To Annamycin To Treat AML

(RTTNews) - Pharmaceutical company Moleculin Biotech, Inc. (MBRX) announced Thursday that the European Medicines Agency (EMA) has granted Orphan Drug Designation to Annamycin for the treatment of Acute Myeloid Leukemia (AML).

Annamycin is the Company's next-generation anthracycline that has been designed to be non-cardiotoxic (unlike currently prescribed anthracyclines) and has shown to be non-cardiotoxic in the 82 subjects treated in multiple studies in the U.S. and in Europe.

Annamycin is currently in development for the treatment for AML and STS lung mets, and the Company believes the drug may have the potential to treat additional indications.

Annamycin currently has Fast Track Status and Orphan Drug Designation from the U.S. Food and Drug Administration for the treatment of relapsed or refractory AML, in addition to Orphan Drug Designation for the treatment of STS lung mets.

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M&S Stock Up On Higher FY24 Results, Dividend, Outlook

M&S Stock Up On Higher FY24 Results, Dividend, Outlook

Shares of Marks and Spencer Group Plc or M&S were gaining more than 7 percent in the morning trading in London after the retail major reported Wednesday significantly higher profit and sales in its fiscal 2024. The company also announced a dividend, and said it is confident to make further progress in 2025 and beyond.
RTTNews | il y a 4h 16min
FTSE 100 Slides As Inflation Slows Less Than Forecast

FTSE 100 Slides As Inflation Slows Less Than Forecast

U.K. stocks declined on Wednesday while the British pound strengthened against other major currencies after data showed that U.K. consumer price inflation slowed less than expected in April, raising uncertainty over a possible rate cut in June.
RTTNews | il y a 4h 58min
CAC 40 Dips Ahead Of Fed Minutes

CAC 40 Dips Ahead Of Fed Minutes

French stocks edged lower on Wednesday as investors awaited AI chip leader Nvidia's earnings and the release of minutes of the Federal Reserve's recent meeting for direction.
RTTNews | il y a 5h 9min
DAX Dips Ahead Of Nvidia's Earnings

DAX Dips Ahead Of Nvidia's Earnings

German stocks traded lower on Wednesday due to uncertainty over the rate outlook and amid caution ahead of Nvidia's earnings release.
RTTNews | il y a 5h 16min
Asian Shares Mixed As Investors Await Fed Minutes

Asian Shares Mixed As Investors Await Fed Minutes

Asian stocks ended mixed in range-bound trade on Wednesday as investors waited for cues from AI chip leader Nvidia's earnings and the release of minutes of the Federal Reserve's recent meeting.
RTTNews | il y a 5h 27min
Pound Rises As U.K. Inflation Slows Less-than-expected

Pound Rises As U.K. Inflation Slows Less-than-expected

The British pound strengthened against other major currencies in the pre-European session on Wednesday, after data showed that U.K. consumer price inflation slowed less than expected in April, leaving a 50 percent chance of a June rate cut unchanged. Data from the Office for National Statistics showed that the U.K. consumer price inflation weakened to the lowest since July 2021. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March. However, inflation was stronger than economists' forecast of 2.1 percent.
RTTNews | il y a 6h 38min
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the pre-European session on Wednesday.
RTTNews | il y a 6h 58min