Solid Biosciences Receives FDA Fast Track Designation For Its SGT-003 Duchenne Muscular Dystrophy Gene Therapy Candidate
Portfolio Pulse from Benzinga Newsdesk
Solid Biosciences has been granted FDA Fast Track designation for SGT-003, its gene therapy candidate for Duchenne Muscular Dystrophy. This designation could expedite the development and review process for SGT-003, potentially bringing it to market more quickly if it proves to be safe and effective.
December 07, 2023 | 1:02 pm
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Solid Biosciences' SGT-003 has received FDA Fast Track designation, which may accelerate its development and review, potentially benefiting patients with Duchenne Muscular Dystrophy sooner.
The FDA Fast Track designation is a positive regulatory milestone for Solid Biosciences, indicating that the FDA recognizes the potential of SGT-003 to address an unmet medical need. This could result in expedited development and review of the drug, which is typically viewed favorably by investors. The news is likely to be seen as a positive development for the company and could lead to increased investor confidence in the short term.
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