LG Chem's Obesity Treatment New Drug 'LB54640' Designated as Rare Disease Drug by US FDA
LEPR Deficiency Followed by Addition of POMC Deficiency Designation
[Asia Economy Reporter Lee Gwan-ju] LG Chem's new drug for hereditary obesity treatment has been additionally designated as an Orphan Drug (ODD) by the U.S. Food and Drug Administration (FDA).
LG Chem announced on the 16th that the FDA recently designated 'LB54640' as an orphan drug for the treatment of 'POMC (Proopiomelanocortin) deficiency.' LB54640 had previously received FDA orphan drug designation in September 2020 for 'LEPR (Leptin Receptor) deficiency.'
With this designation, LG Chem will receive benefits such as seven years of exclusive sales rights in the U.S. market, support for clinical trial costs within the U.S., tax reductions, and pre-development consultation support.
LB54640 is a once-daily oral treatment targeting the MC4R (Melanocortin-4 Receptor) signaling pathway, a protein involved in satiety. Even if there are defects in upstream genes of MC4R (such as LEPR or POMC), it directly acts on the MC4R protein that ultimately transmits satiety signals, thereby inducing appetite suppression.
LG Chem recently completed a Phase 1 clinical trial of LB54640 in healthy overweight adults without genetic defects in the U.S. and plans to announce detailed clinical results within this year. Subsequently, starting next year, it plans to initiate global Phase 2 and 3 trials targeting hereditary obesity patients with LEPR or POMC deficiency.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- One in 77 Koreans Exposed to Drugs... Enough Money for 6,600 Luxury Gangnam Apartments Circulates in Drug Market [ChwiYakGukga] ⑩
- "Greater Impact on Women Than Men"... The 'Diet Trap' That Causes Sleepless Nights and Suffering
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Meanwhile, the FDA operates the orphan drug designation system to encourage and support the development of treatments for rare and intractable diseases with a prevalence of fewer than 200,000 patients. It is estimated that there are about 120,000 rare hereditary obesity patients in the U.S. According to the global market research firm EvaluatePharma, the U.S. market for hereditary obesity treatments is expected to grow from $28 million (approximately 36 billion KRW) this year to $800 million (approximately 1 trillion KRW) by 2028.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.