Hoth Therapeutics Announces Completion Of Pre-IND Meeting With FDA Regarding Development Of Hoth's Cancer Fighting HT-KIT; Hoth Intends To Continue Development Under Orphan Drug Designation
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Hoth Therapeutics has completed a pre-IND meeting with the FDA concerning the development of its cancer treatment HT-KIT. The company plans to proceed with development under the Orphan Drug Designation, which is granted for treatments targeting rare diseases or conditions.
November 14, 2023 | 1:38 pm
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Hoth Therapeutics has successfully completed a pre-IND meeting with the FDA for its HT-KIT cancer treatment and plans to continue development under Orphan Drug Designation.
The successful completion of a pre-IND meeting typically indicates a positive dialogue with the FDA and can be a bullish signal for the company's stock. The intention to pursue Orphan Drug Designation could provide benefits such as market exclusivity, which is likely to be viewed positively by investors.
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