BridgeBio Pharma Submits NDA For Acoramidis To FDA For Treatment Of Transthyretin Amyloid Cardiomyopathy
Portfolio Pulse from Benzinga Newsdesk
BridgeBio Pharma has submitted a New Drug Application (NDA) to the FDA for Acoramidis, intended for the treatment of Transthyretin Amyloid Cardiomyopathy (ATTR-CM).
December 05, 2023 | 1:21 pm
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BridgeBio Pharma's submission of an NDA for Acoramidis to the FDA could be a significant milestone for the company if approved, potentially impacting its stock positively.
The submission of an NDA to the FDA is a critical step in getting a drug to market. If Acoramidis is approved, it could lead to increased revenue for BridgeBio Pharma and potentially improve its market position in the treatment of ATTR-CM. This news is likely to be viewed positively by investors, as it indicates progress in the company's pipeline and could lead to future earnings growth. However, the final impact on the stock will depend on the FDA's decision, which is not guaranteed.
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