Pacira Biosciences Announced That FDA Has Granted Regenerative Medicine Advanced Therapy Designation To Pcrx-201 (Enekinragene Inzadenovec), Gene Therapy Product For Knee Osteoarthritis
Portfolio Pulse from Benzinga Newsdesk
Pacira Biosciences announced that the FDA has granted Regenerative Medicine Advanced Therapy (RMAT) designation to its gene therapy product, PCRX-201 (Enekinragene Inzadenovec), for the treatment of knee osteoarthritis. This designation could expedite the development and review process for PCRX-201, potentially bringing it to market faster.
March 13, 2024 | 11:12 am
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Pacira Biosciences' gene therapy product, PCRX-201, received RMAT designation from the FDA for knee osteoarthritis treatment, potentially accelerating its development and review.
The RMAT designation by the FDA is a significant regulatory milestone that can expedite the development and review process for PCRX-201. This could lead to a faster time-to-market for the gene therapy product, potentially benefiting Pacira Biosciences' stock in the short term due to positive investor sentiment and the prospects of entering a large market like knee osteoarthritis treatment.
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