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Kalkine Media ASX Share Market News & Research

FDA granted Orphan Drug Designation to Neuren’s NNZ-2591 Drug

October 11, 2019 04:01 AM BST | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

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US Food and Drug Administration (FDA) has granted Orphan Drug Designation to Neuren Pharmaceuticals’ (ASX: NEU) NNZ-2591 for the treatment of Angelman syndrome.

Orphan Drug designation is a special status that the FDA may grant to a drug to treat a rare disease or condition

Orphan Drug Designation is an important commercial milestone which adds significant value and momentum in respect of the company’s plans to move NNZ2591 into clinical trials in 2020, says Neuren Executive Chairman Richard Treagus.

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