Achieve Life Sciences Announces FDA Granted Breakthrough Therapy Designation For Cytisinicline
Portfolio Pulse from Benzinga Newsdesk
Achieve Life Sciences announced that the FDA has granted Breakthrough Therapy Designation for its smoking cessation drug, Cytisinicline. This designation is expected to expedite the development and review process of the drug.
July 31, 2024 | 12:10 pm
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Achieve Life Sciences has received FDA Breakthrough Therapy Designation for its smoking cessation drug, Cytisinicline. This designation is likely to expedite the drug's development and review process, potentially leading to faster market entry and increased investor interest.
The FDA's Breakthrough Therapy Designation is a significant regulatory milestone that can accelerate the development and review of Cytisinicline. This could lead to faster market entry, which is a positive catalyst for ACHV's stock price.
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