UltragenyxFDA granted accelerated approval for Genglycos, a first-of-its-kind gene therapy for glycogen storage disease type Ia.

The US FDA granted accelerated approval to Ultragenyx Pharmaceutical's gene therapy Genglycos to treat glycogen storage disease type Ia in individuals eight years and older. The condition affects 1,500 to 2,500 patients in the US and 6,000 to 8,000 worldwide. Chief Medical Officer Eric Crombez noted that Genglycos is the first treatment to target the root cause of the disease. Accelerated approval was based on results from a phase 3 randomized, double-blind, placebo-controlled study in which those on Genglycos saw a reduction in cornstarch requirements compared to those in the placebo cohort. Shares are up about 5% in after-hours trading.
UltragenyxFDA granted accelerated approval for Genglycos, a first-of-its-kind gene therapy for glycogen storage disease type Ia.