Bisantrene, along with other late-stage drug assets that have been overlooked by big pharma. Bisantrene offers a treatment for relapsed and refractory AML (r/r AML) and was the subject of more than 40 phase II clinical studies before it was lost in a series of pharmaceutical mergers during the 1990s.
In the US, Race owns two granted patents on Bisantrene and has secured Orphan Drug designation and Rare Paediatric Disease designation. Its goal is to complete clinical development and gain approval by the US FDA.
Currently Washington based NSF is preparing IND1 application for RAC that is expected to submit by end of Q1 2019.
Mcap $6.7 M / Big EFFECTIVE Cancer Drug in P3 (MKT Size ~$500M+) =20+BAGGER, page-11
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Mkt cap ! $282.0M | |||
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