Humacyte shares are trading higher after the company announced it was granted Regenerative Medicine Advanced Therapy designation by the FDA for patients with advanced peripheral artery disease.
Portfolio Pulse from Benzinga Newsdesk
Humacyte shares are trading higher after the company announced it was granted Regenerative Medicine Advanced Therapy designation by the FDA for patients with advanced peripheral artery disease.
July 01, 2024 | 12:51 pm
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Humacyte shares are trading higher after the company announced it was granted Regenerative Medicine Advanced Therapy designation by the FDA for patients with advanced peripheral artery disease.
The FDA's Regenerative Medicine Advanced Therapy designation is a significant milestone for Humacyte, as it can expedite the development and review process for their treatment. This positive regulatory news is likely to boost investor confidence and drive the stock price higher in the short term.
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