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CytRx's Bafetinib Receives Positive Opinion from the Committee for Orphan Medicinal Products in the European Union for Treatment of CML

Published in Medical Letter on the CDC and FDA, May 9th, 2010

CytRx Corporation (NASDAQ: CYTR), a biopharmaceutical company specializing in oncology, announced that bafetinib (formerly known as INNO-406) has received official notification from the Committee for Orphan Medicinal Products (COMP) of the European Medicines Agency (EMEA) that a positive opinion was made regarding the application for orphan medicinal product for the treatment of chronic myeloid leukemia (CML). The positive opinion of the COMP has now been forwarded to the EU commission for final approval and publication in the community register. Bafetinib also has been granted Orphan Drug Status for the treatment of Philadelphia chromosome-positive (Ph+) CML by the U.S. Food and Drug...

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