Biotech drug maker Nuvelo Inc. said Tuesday the Food and Drug Administration has granted "fast-track" status to its colon cancer drug candidate as both a first- and second-line treatment.
The fast-track status for Nuvelo's rNAPc2 covers usage of the drug as an initial treatment of first-time colon cancer and as a second-line treatment when combined with Genentech Inc.'s Avastin-based chemotherapy.
The company's rNAPc2 is currently being studied in a mid-stage clinical trial.
Fast-track status means Nuvelo can submit data to the FDA as it becomes available, rather than having to wait to submit it all at once for approval.
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