Karyopharm Secures FDA Fast Track Designation For Selinexor For Treatment Of Myelofibrosis
Portfolio Pulse from Benzinga Newsdesk
Karyopharm has secured FDA Fast Track Designation for Selinexor for the treatment of Myelofibrosis. This designation highlights the potential of Selinexor to address the unmet medical need in myelofibrosis.
July 17, 2023 | 8:07 pm
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POSITIVE IMPACT
Karyopharm's Selinexor has received FDA Fast Track Designation for the treatment of Myelofibrosis. This could potentially speed up the drug's approval process and market entry.
The FDA Fast Track Designation is a significant regulatory milestone that could potentially speed up the approval process for Selinexor. This could lead to an earlier market entry for the drug, which would be beneficial for Karyopharm. Therefore, this news is likely to have a positive impact on KPTI's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100