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US FDA approves Kura Oncology’s blood cancer therapy

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(Reuters) -The U.S. Food and Drug Administration has approved Kura Oncology’s drug to treat a rare form of blood cancer that has returned or resisted initial therapy, the regulator said on Thursday.

The once-daily pill, ziftomenib, is the first approved therapy for acute myeloid leukemia patients with an NPM1 mutation, a genetic change found in about 30% of cases.

The approval offers new hope for patients with a particularly aggressive form of blood cancer who have exhausted other treatment options.

The drug works by blocking menin, a protein that plays a role in cancer cell growth.

Shares of the company were up about 1% in morning trading.

(Reporting by Kamal Choudhury and Christy Santhosh in Bengaluru; Editing by Shailesh Kuber)

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