Acceleron Pharma said Thursday that its experimental drug luspatercept significantly reduced the need for blood transfusions in patients with the blood disease myelodysplastic syndrome, meeting the primary goal of a Phase 3 clinical trial.
Based on the study results, Acceleron and partner Celgene plan to submit luspatercept for approval in the U.S. and Europe in the first half of 2019.
Investors had largely expected luspatercept to deliver positive results, but it’s still an important and pivotal moment for Acceleron, which is now taking a big step toward securing approval for its first drug.
This article is exclusive to STAT+ subscribers
Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+.
Already have an account? Log in
To submit a correction request, please visit our Contact Us page.