Eli Lilly and Company announced the FDA granted Breakthrough Therapy designation to its investigational drug, sofetabart mipitecan.

The designation targets adult patients with platinum-resistant ovarian cancer.

This status expedites development and review for drugs showing potential substantial improvement over existing therapies.

Sofetabart mipitecan is a novel folate receptor alpha (FRα) antibody-drug conjugate (ADC).

The FDA based its decision on promising preliminary clinical evidence.

Lilly initiated the Phase 3 trial, FRAmework-01, to evaluate the therapy's potential.

This milestone addresses the significant unmet need for new treatments in this patient population.