We provide the latest news
from the world of economics and finance
(RTTNews) - Chimerix (CMRX) said it has submitted a New Drug Application with the FDA seeking accelerated approval for dordaviprone as a treatment for patients with recurrent H3 K27M-mutant diffuse glioma in the United States. Chimerix has requested Priority Review for the NDA.
Mike Andriole, Chief Executive Officer of Chimerix, said: "With this submission, we now turn our attention to preparing for potential commercial launch in the U.S. next year."
Also, the company entered into an amended and restated loan and security agreement for up to $30 million with Silicon Valley Bank, a division of First-Citizens Bank. Chimerix may draw down up to $20.0 million through the period ending February 28, 2026. An additional $10 million may also be made available upon request through February 28, 2027.
For More Such Health News, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© 2025 Lime Trading (CY) Ltd
Lime Trading (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in accordance with license No.281/15 issued on 25/09/2015. The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd.
Registration Number: HE 341520
Address: Lime Trading (CY) Ltd
Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78
Limassol 3076, Cyprus
Disclaimer:
All promotions, materials and information of this website may have applied conditions. Please contact the Company for further details
Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.