Akari Therapeutics Receives Positive Opinion on Orphan Drug Designation from the European Medicines Agency for Nomacopan for Treatment in Hematopoietic Stem Cell Transplantation
Portfolio Pulse from Benzinga Newsdesk
Akari Therapeutics, Plc (NASDAQ:AKTX) has received a positive opinion from the European Medicines Agency (EMA) on its application for orphan drug designation for nomacopan, a treatment in hematopoietic stem cell transplantation. The company is currently conducting a Phase 3 clinical trial of nomacopan in pediatric HSCT-TMA.
July 06, 2023 | 12:03 pm
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POSITIVE IMPACT
Akari Therapeutics' positive opinion from EMA for nomacopan could potentially boost the company's stock in the short term.
The positive opinion from EMA is a significant regulatory milestone for Akari Therapeutics and its drug nomacopan. This could potentially lead to increased investor confidence and a boost in the company's stock price in the short term. However, the final outcome of the ongoing Phase 3 clinical trial will be crucial for the long-term performance of the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100