The FDA Has Granted Rare Pediatric Disease Designation To Cartesian Therapeutics' Descartes-08 For Juvenile Dermatomyositis
Portfolio Pulse from Benzinga Newsdesk
The FDA has granted Rare Pediatric Disease Designation to Cartesian Therapeutics' Descartes-08 for the treatment of Juvenile Dermatomyositis, a rare inflammatory disease. This designation could potentially expedite the development and review process for Descartes-08.
September 09, 2024 | 11:12 am
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Cartesian Therapeutics' Descartes-08 has been granted FDA Rare Pediatric Disease Designation for Juvenile Dermatomyositis, which may accelerate its development and approval process.
The FDA's Rare Pediatric Disease Designation is significant as it can lead to faster development and review processes, potentially benefiting Cartesian Therapeutics' Descartes-08. This news is likely to positively impact RNAC's stock price in the short term due to the potential for expedited approval and market entry.
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