(Adds details on the drug and the trial in paragraphs 2,3;
background in paragraph 5)
Feb 11 (Reuters) - The U.S. Food and Drug Administration
said on Tuesday it has approved SpringWorks Therapeutics'
SWTX.O drug to treat a type of rare genetic disorder, which
causes tumors to grow on nerves throughout the body.
The drug, branded as Gomekli, was approved for adults and
children 2 years of age and older suffering from
neurofibromatosis type 1, with symptomatic plexiform
neurofibromas in which the tumor cannot be surgically removed.
The approval was based on a mid-stage trial, where the drug
showed 20% or more reduction in tumor volume in 52% of pediatric
patients and 41% of adult patients.
Shares of the company gained 2% in extended trading.
SpringWorks did not immediately respond to a Reuters request for
comment seeking details on pricing.
Earlier this week, Merck KGaA MRCG.DE , the German
healthcare and technology group, said it was in advanced talks
to acquire SpringWorks.
(Reporting by Christy Santhosh, Kamal Choudhury and Sriparna
Roy in Bengaluru; Editing by Mohammed Safi Shamsi and Shilpi
Majumdar)
((Christy.Santhosh@thomsonreuters.com))