Nuvectis Pharma Receives Orphan Drug Designation Granted By FDA For NXP800 In Treatment Of ARID1a-deficient Ovarian, Fallopian Tube And Primary Peritoneal Cancers
Portfolio Pulse from Benzinga Newsdesk
Nuvectis Pharma has received Orphan Drug Designation from the FDA for its drug NXP800, aimed at treating ARID1a-deficient ovarian, fallopian tube, and primary peritoneal cancers. This designation could provide benefits such as market exclusivity and tax credits.
August 29, 2024 | 12:02 pm
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Nuvectis Pharma's NXP800 has been granted Orphan Drug Designation by the FDA, which could lead to market exclusivity and tax credits, potentially boosting the company's stock.
The FDA's Orphan Drug Designation is significant for Nuvectis Pharma as it provides potential market exclusivity and tax credits, which are likely to positively impact the company's financials and stock price.
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