Orchard Therapeutics Wins Swissmedic Approval for Libmeldy in Early-Onset Metachromatic Leukodystrophy (MLD)
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Orchard Therapeutics (NASDAQ:ORTX) has received approval from Swissmedic for Libmeldy, a gene therapy for early-onset metachromatic leukodystrophy (MLD).
December 11, 2023 | 12:02 pm
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Orchard Therapeutics' Libmeldy has been approved by Swissmedic for treating early-onset MLD, potentially boosting the company's market presence in gene therapies.
The approval of Libmeldy by Swissmedic is a significant regulatory milestone for Orchard Therapeutics, likely to have a positive impact on investor sentiment and the company's stock price in the short term. This news directly pertains to ORTX's product pipeline and market expansion, which is critical for the company's growth and revenue potential.
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