FDA Approves Verastem’s First Cancer Drug

NEC member Verastem Oncology’s first blood cancer treatment drug was recently approved by the U.S. Food and Drug Administration (FDA). The drug is called Copiktra, and it is designed to block two types of enzymes that fuel the growth and survival of malignant white blood cells. It is approved to treat several types of blood cancers, including chronic lymphocytic leukemia and small lymphocytic lymphoma.

Needham, MA-based Verastem originally licensed the drug (generically referred to as Duvelisib) from Cambridge biotech Infinity Pharmaceuticals in 2016. As the drug was originally disappointing in trials, the FDA’s approval is a big win for Verastem. Copiktra is the first drug that Verastem has brought to the market, and it is estimated that the new treatment could help some 350,000 patients in the U.S. who have various forms of leukemia and lymphoma.

The NEC applauds Verastem on this accomplishment and thanks them for their sustained commitment to developing cancer treatments.

Read more in the Boston Business Journal.

img_side
mask_sidebar
Recently from the Blog

November 24 Weekly Round-Up: NEC Members Contribute to COVID-19 Crisis Response

11/24/2020 | Read Post

MassDevelopment Issues Bond for New Perkins School Building and Dorm

11/19/2020 | Read Post

In the News

NEC Elects Six Respected Regional Business Leaders to Board of Directors

09/28/2020 | Read Press Release

NEC Announces 2020 New Englanders of the Year

08/25/2020 | Read Press Release