AC Immune shares are trading higher after the company's ACI-35.030 was granted FDA Fast Track Designation for Alzheimer's Disease.
Portfolio Pulse from Benzinga Newsdesk
AC Immune shares are trading higher after the company's ACI-35.030 was granted FDA Fast Track Designation for Alzheimer's Disease.
July 25, 2024 | 1:10 pm
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POSITIVE IMPACT
AC Immune shares are trading higher following the FDA's Fast Track Designation for its Alzheimer's treatment, ACI-35.030.
The FDA Fast Track Designation is a significant regulatory milestone that can expedite the development and review process of ACI-35.030, potentially leading to earlier 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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100