Adicet Bio Says FDA Has Granted Fast Track Designation To ADI-001 For Potential Treatment Of Relapsed/Refractory Class III Or Class IV Lupus Nephritis
Portfolio Pulse from Benzinga Newsdesk
Adicet Bio announced that the FDA has granted Fast Track Designation to ADI-001 for the treatment of relapsed/refractory Class III or Class IV Lupus Nephritis. This designation aims to expedite the development and review of drugs for serious conditions with unmet medical needs.
June 05, 2024 | 11:04 am
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Adicet Bio's ADI-001 has been granted Fast Track Designation by the FDA for the treatment of relapsed/refractory Class III or Class IV Lupus Nephritis. This designation is likely to expedite the drug's development and review process, potentially leading to faster market entry.
The FDA's Fast Track Designation is significant as it facilitates the development and expedites the review of drugs for serious conditions. This can lead to faster approval and market entry, which is positive for Adicet Bio's stock.
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