Advertisement
UK markets close in 15 minutes
  • FTSE 100

    8,139.43
    +60.57 (+0.75%)
     
  • FTSE 250

    19,823.25
    +221.27 (+1.13%)
     
  • AIM

    755.05
    +1.93 (+0.26%)
     
  • GBP/EUR

    1.1662
    +0.0005 (+0.05%)
     
  • GBP/USD

    1.2451
    -0.0060 (-0.48%)
     
  • Bitcoin GBP

    51,127.36
    +141.41 (+0.28%)
     
  • CMC Crypto 200

    1,328.10
    -68.44 (-4.90%)
     
  • S&P 500

    5,096.93
    +48.51 (+0.96%)
     
  • DOW

    38,166.17
    +80.37 (+0.21%)
     
  • CRUDE OIL

    83.59
    +0.02 (+0.02%)
     
  • GOLD FUTURES

    2,346.80
    +4.30 (+0.18%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.78
    +244.50 (+1.36%)
     
  • CAC 40

    8,093.95
    +77.30 (+0.96%)
     

Amicus' Fabry disease drug gets European Commission approval

(Adds background)

May 31 (Reuters) - Amicus Therapeutics Inc (NasdaqGM: FOLD - news) said on Tuesday the European Commission approved the use of migalastat, its experimental treatment for Fabry disease, an inherited disease that creates pain and burning in the hands and feet.

The European Medicines Agency had recommended approving migalastat in April. The Cranbury, New Jersey-based company is still seeking approval from U.S (Other OTC: UBGXF - news) . regulators.

Fabry disease is a potentially fatal disorder that affects about 1 in 40,000 to 60,000 men and occurs less frequently in women. It (Other OTC: ITGL - news) is caused by the build-up of fat-like substances, most notably in the kidneys, due to the deficiency or lack of an enzyme that metabolizes these lipids.

ADVERTISEMENT

The accumulation damages cells and can lead to kidney failure, heart attacks and strokes. It is currently treated with metoclopramide.

The U.S. Food and Drug Administration last fall asked Amicus for more comprehensive analysis of its trial data and the company put off submitting a new marketing application for the treatment. (Reporting by Noor Zainab Hussain in Bengaluru and Caroline Humer in New York; Editing by Sriraj Kalluvila and Jeffrey Benkoe)