LONDON (AFX) - SR Pharma PLC said the US Food and Drug Administration has approved an Investig
ational New Drug application for a second small interfering RNA (siRNA) therapeutic product based on its proprietary chemistry.
Approval has been given to a treatment for acute kidney injury, AKIi-5, which is being developed by Quark Biotech. The product was licensed to Quark Biotech by SR Pharma subsidiary Atugen and its structure and composition matter is protected by Atugen's patent portfolio.
SR Pharma chief executive Iain Ross said: 'We are very excited by this
achievement, as this is the second product based upon our proprietary AtuRNAi
chemistry which has been approved for use in humans.
Last month the company announced that the AtuRNAi compound RTP-801i, which it sub-licensed to Pfizer through Quark Biotech for the treatment of Age-related Macular Degeneration, was moving into the clinic.
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