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Food and Drug Administration Grants Priority Review of Bayer AG's Radium Ra 223 Dichloride for Prostate Cancer-Dow Jones

Wednesday, 13 Feb 2013 03:18pm EST 

Dow Jones reported that Bayer AG's new drug application for its oncology compound, Radium Ra 223 Dichloride, was granted priority review by the United States Food and Drug Administration (FDA). The compound is under review for the treatment of castration-resistant prostate cancer in patients with bone metastases. The FDA grants priority review to medicines that provide a treatment where little or no adequate therapy exists and aims to complete its review within six months of the 60-day filing receipt rather than the standard 12-month review. 

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