Ainos' VELDONA Receives Orphan Drug Designation From US FDA For Promising Oral Warts Treatment In HIV-Seropositive Patients
Portfolio Pulse from Benzinga Newsdesk
Ainos' VELDONA has received Orphan Drug Designation from the US FDA for its promising oral warts treatment in HIV-seropositive patients. AIMD may be mentioned in the article.
September 18, 2023 | 11:07 am
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Ainos' VELDONA, a potential product of AIMD, has received Orphan Drug Designation from the US FDA. This could potentially boost AIMD's stock in the short term.
The Orphan Drug Designation by the FDA is a significant milestone for any pharmaceutical company as it provides various benefits including tax credits, market exclusivity, and waiver of certain fees. This could potentially lead to increased investor confidence in AIMD, leading to a short-term boost in its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80