Aridis Announces FDA Qualified Infectious Disease Product Designation For AR-301
Portfolio Pulse from Benzinga Newsdesk
Aridis Pharmaceuticals has announced that its product AR-301 has received the FDA's Qualified Infectious Disease Product designation. This designation will expedite the development and review process of the drug.
July 12, 2023 | 12:02 pm
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Aridis Pharmaceuticals' AR-301 has received the FDA's Qualified Infectious Disease Product designation. This could expedite the drug's development and review process, potentially leading to earlier market entry.
The FDA's Qualified Infectious Disease Product designation is a significant regulatory milestone that can expedite the development and review process of a drug. This could potentially lead to earlier market entry for AR-301, which would be beneficial for Aridis Pharmaceuticals. Therefore, this news is likely to have a positive impact on the company's stock in the short term.
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