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Enzon’s Oncaspar-IV Gets Orphan Drug Status

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Enzon Pharmaceuticals, Inc. received approval from the Commission of the European Communities for designation of Oncaspar-IV, the next-gen pegylated L-asparaginase, as an orphan medicinal product.     Orphan drug designation creates favorable conditions for the development of drugs, including potential financial incentives, in addition to market exclusivity for as many as 10 years following approval.     “This announcement is a significant milestone in our overall plan to market the new On...

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