The FDA Has Granted Orphan Drug Designation To Nuvectis Pharma's NXP800 For Cholangiocarcinoma
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The FDA has granted Orphan Drug Designation to Nuvectis Pharma's NXP800 for the treatment of Cholangiocarcinoma. This designation provides certain benefits including tax credits, market exclusivity, and waiver of certain fees.
August 17, 2023 | 12:02 pm
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The FDA's Orphan Drug Designation for Nuvectis Pharma's NXP800 could potentially boost NVCT's market position and financial prospects.
The FDA's Orphan Drug Designation is a significant regulatory milestone that provides benefits such as tax credits, market exclusivity, and waiver of certain fees. This could potentially enhance NVCT's financial prospects and competitive position in the market for Cholangiocarcinoma treatments.
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