BeiGene Says FDA Granted Fast Track Designation To BGB-16673 For Adult Patients With Relapsed Or Refractory Chronic Lymphocytic Leukemia Or Small Lymphocytic Lymphoma
Portfolio Pulse from Benzinga Newsdesk
BeiGene announced that the FDA has granted Fast Track Designation to its investigational drug BGB-16673 for treating relapsed or refractory chronic lymphocytic leukemia or small lymphocytic lymphoma. This designation aims to expedite the drug's development and review process.
August 26, 2024 | 10:02 am
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BeiGene's BGB-16673 has received FDA Fast Track Designation, which could expedite its development and review for treating relapsed or refractory CLL/SLL. This is a positive regulatory milestone for BeiGene.
The FDA Fast Track Designation is a significant regulatory milestone that can accelerate the development and review of BGB-16673, potentially leading to earlier market entry. This is likely to positively impact BeiGene's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100