KemPharm: Converting FDA Complete Response Letters Into New Opportunities
By Ben Comer, Chief Editor, Life Science Leader
It’s not easy to carve out a niche in today’s biopharmaceutical industry. No matter how innovative or unique a pipeline is, or how brilliant and motivating a leader may be, there is always a competitor (or three) waiting in the wings. Fresh off its $12.8 million fire sale acquisition of Danish biopharma Orphazyme, KemPharm, a Celebration, FL-based specialty pharmaceutical company, is betting that its past experiences in rehabbing drugs for regulatory approval — following FDA complete response letters — is a novel capability that can boost the company into a lucrative drug market for rare neurological and CNS disorders.
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