Tiziana Life Sciences shares are trading higher after the company was granted Fast Track designation for its intranasal formulation of foralumab by the FDA.
Portfolio Pulse from Benzinga Newsdesk
Tiziana Life Sciences shares are trading higher after the company was granted Fast Track designation for its intranasal formulation of foralumab by the FDA.
July 24, 2024 | 11:04 am
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Tiziana Life Sciences shares are trading higher after the company was granted Fast Track designation for its intranasal formulation of foralumab by the FDA.
The FDA's Fast Track designation is a significant regulatory milestone that can expedite the development and review process of foralumab, potentially leading to quicker market entry and revenue generation. This positive regulatory news is likely to boost investor confidence and drive the stock price higher in the short term.
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IMPORTANCE 90
RELEVANCE 100