FDA Grants Fast Track Designation to Phanes Therapeutics' PT217 for Neuroendocrine Prostate Cancer
• The FDA has granted Fast Track designation to Phanes Therapeutics' PT217 for metastatic neuroendocrine prostate cancer (NEPC), marking its second Fast Track designation. • PT217, a first-in-class bispecific antibody targeting DLL3 and CD47, is under development for small cell lung cancer (SCLC) and neuroendocrine carcinoma. • A Phase I/II clinical trial (SKYBRIDGE study) is ongoing to assess PT217's safety and efficacy in advanced DLL3-expressing cancers. • Phanes Therapeutics has a clinical supply agreement with Roche to study PT217 in combination with Roche's anti-PD-L1 therapy, atezolizumab.

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