Intensity Therapeutics Receives Orphan Drug Designation For The Three Key Ingredients In INT230-6 For Treatment Of Soft Tissue Sarcoma
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Intensity Therapeutics has received Orphan Drug Designation for the three key ingredients in INT230-6, a treatment for soft tissue sarcoma. This designation could provide the company with various benefits, including tax credits and market exclusivity for a period after approval.

September 07, 2023 | 12:01 pm
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The Orphan Drug Designation for INT230-6 could provide Intensity Therapeutics with financial benefits and market exclusivity, potentially boosting the company's stock in the short term.
The Orphan Drug Designation is a significant regulatory milestone that can provide a company with financial benefits such as tax credits for clinical trials and fee waivers. Additionally, it can grant market exclusivity for a period after the drug is approved, preventing competitors from selling generic versions. This could lead to increased revenues for Intensity Therapeutics and a potential boost in its stock price.
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