GREENVILLE, N.C., Dec. 28, 2017 /PRNewswire/ -- Fervent Pharmaceuticals of Greenville hassuccessfully submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration for FP-101, its proprietary lead drug candidate for treating menopause symptoms, especially hot flashes.
A Phase 2a clinical trial
"We believe FP-101 has the potential to bring relief to millions of women suffering from hot flashes, night sweats and insomnia associated with menopause," said George Royster, founder, president and chief executive officer of Fervent. "Achievement of this regulatory milestone and the beginning of our clinical trial represents an important advancement in the development of FP-101."
FP-101 is an orally dosed, non-hormonal, non-herbal, non-antidepressant formulation of a compound that has known mechanisms of action, is already FDA approved for another undisclosed indication and has a long history of safe use. Its potential for treating the symptoms of menopause was discovered through "serendipity and a keen eye for detail and observation," Royster said.
Most FDA-approved treatments of symptoms in post-menopausal women involve estrogen hormone replacement therapy, which carries an increased risk of heart disease, breast cancer, deep vein thrombosis, stroke and gall bladder disease.
Development of safe and effective new therapies would fill a significant unmet medical need. The U.S. market for a therapy includes 32 million women, and the global market encompasses 115 million women. The total market "is in the multi-billion-dollar arena," Royster said.
Fervent has received assistance from the North Carolina Biotechnology Center and its Eastern Regional Office, headed by Mark Phillips, vice president of statewide operations and executive director of the office.
"The expertise and networking assistance provided by Mark and the Biotechnology Center have been very helpful to our company's growth and development," Royster said.
The company is working with the University of Iowa Pharmaceuticals on drug formulation and with IQVIA (formerly QuintilesIMS) of Durham and PMG Research of Winston-Salem for clinical trial design and execution.
Fervent is a clinical-stage drug development company founded in 2011. It is focused on developing therapies targeting unmet medical needs in women's health.
For more information about Fervent, visit the company's website at www.ferventpharma.com.
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SOURCE Fervent Pharmaceuticals
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