In 2018 it announced that its drug, OBI-3424, has been granted Orphan Drug Designation (ODD) by the U.S. Food and Drug Administration (FDA) for the treatment of Hepatocellular Carcinoma (HCC).[3]
History
The company was founded by Micheal N.Chang on April 29, 2002.[4] It was formerly a subsidiary of Optimer Pharmaceuticals.