SpringWorks Therapeutics Reports PDUFA Date Extension For Nirogacestat NDA
Portfolio Pulse from Benzinga Newsdesk
SpringWorks Therapeutics' PDUFA date for Nirogacestat NDA has been extended by three months from August 27, 2023, as the FDA requires more time to review additional analyses of previously submitted data.
June 05, 2023 | 10:31 am
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SpringWorks Therapeutics' PDUFA date extension for Nirogacestat NDA may cause short-term uncertainty for investors.
The PDUFA date extension for Nirogacestat NDA indicates that the FDA requires more time to review the data, which may cause short-term uncertainty for investors. However, it does not necessarily imply a negative outcome for the drug's approval, so the impact on the stock price is neutral.
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