The FDA Has Granted Fast Track Designation To Decibel Therapeutics' DB-OTO, The Company's Lead Gene Therapy Product Candidate For Congenital Hearing Loss Caused By Mutations Of The Otoferlin Gene
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The FDA has granted Fast Track designation to Decibel Therapeutics' DB-OTO, the company's lead gene therapy product candidate for congenital hearing loss caused by mutations of the Otoferlin gene.
August 25, 2023 | 11:07 am
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Decibel Therapeutics' lead gene therapy product, DB-OTO, has received Fast Track designation from the FDA. This could potentially speed up the development and review process of the product.
Fast Track designation by the FDA is a significant regulatory milestone that can expedite the development and review of a drug. This news is highly relevant to Decibel Therapeutics as it directly pertains to their lead product candidate, DB-OTO. The potential for expedited development and review could positively impact the company's timeline for bringing the product to market, which could have a positive impact on the company's stock price in the short term.
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