The company states: “Ascendis Pharma (ASND) A/S announced that the FDA has accepted for priority review its New Drug Application, NDA, for TransCon CNP for the treatment of children with achondroplasia and has set a Prescription Drug User Fee Act goal date of November 30, 2025 to complete its review. The FDA also informed Ascendis that they are not currently planning to hold an advisory committee meeting to discuss this application. TransCon CNP is an investigational prodrug of C-type natriuretic peptide administered once weekly and designed to treat people living with achondroplasia by providing continuous exposure of active CNP to receptors on tissues throughout the body, including growth plates and skeletal muscle.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASND:
- Ascendis Pharma’s AGM Approves Key Resolutions and Strategic Authorizations
- Optimistic Outlook for Ascendis Pharma: Buy Rating Driven by COACH Phase 2 Trial and Yorvipath Launch
- Ascendis Pharma Grants Employee Warrants to Boost Engagement
- Ascendis Pharma announces new data from ApproaCH Trial of TransCon CNP
- Ascendis says Phase 2 data shows ‘sustained response’ to TransCon PTH therapy
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue