Allarity Refocuses in Response to FDA Comments

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Allarity Therapeutics says its board has ordered a refocus of the company’s oncology drug pipeline away from monotherapies and toward combination drugs. One reason for the shift, it says, is information from a meeting with FDA on a potential Phase 3 clinical development path for dovitinib as a monotherapy third-line treatment for metastatic renal cell carcinoma.

At the meeting, the company says, FDA indicated Allarity would likely have to conduct a new dovitinib dosing study before doing any future Phase 3 studies that could enable the submission of a new NDA. “In view of these delays and increased costs/risks, the company has determined that advancing dovitinib as a monotherapy in adults is no longer commercially viable…,” Allarity says.

The company says its board determined that the change in focus will:

  • align with the ongoing shift in cancer therapy standard-of-care toward combination therapies;
  • strengthen the company’s ability to attract additional funding;
  • significantly broaden the company’s possibilities for future commercial partnering; and
  • improve the likelihood of clinical and commercial success of the company’s pipeline assets.

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