Outlook Therapeutics Announces Realignment Of Resources Focused On Supporting ONS-5010 US And EU Regulatory And Commercial Priorities
Portfolio Pulse from Benzinga Newsdesk
Outlook Therapeutics has announced a strategic realignment of its resources to focus on regulatory and commercial priorities for ONS-5010 in the US and EU. Joel Prieve, previously SVP of Commercial Operations, is now SVP of Licensing and M&A. Terry Dagnon, former COO, has transitioned to Senior Advisor. The company is collaborating with the FDA to design a new clinical trial to support the ONS-5010 BLA resubmission.
December 06, 2023 | 1:08 pm
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Outlook Therapeutics is realigning its operations to support ONS-5010's regulatory and commercial strategy, with key leadership changes and a new clinical trial in collaboration with the FDA.
The realignment indicates a focused strategy on bringing ONS-5010 to market, which could be viewed positively by investors. Leadership changes suggest a commitment to advancing the product's regulatory path, potentially increasing investor confidence. The collaboration with the FDA for a new trial is a critical step towards BLA resubmission, which is a significant catalyst for the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100