The FDA Granted Breakthrough Therapy Designation To Arrowhead Pharmaceuticals' Investigational Plozasiran As An Adjunct To Diet To Reduce Triglycerides In Adults With Familial Chylomicronemia Syndrome
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Arrowhead Pharmaceuticals received Breakthrough Therapy Designation from the FDA for its investigational drug Plozasiran, aimed at reducing triglycerides in adults with Familial Chylomicronemia Syndrome.
September 10, 2024 | 11:31 am
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Arrowhead Pharmaceuticals' investigational drug Plozasiran has been granted Breakthrough Therapy Designation by the FDA, which could expedite its development and review process. This designation is likely to positively impact the company's stock in the short term.
The FDA's Breakthrough Therapy Designation is significant as it can accelerate the development and review of Plozasiran, potentially leading to earlier market entry. This news is likely to boost investor confidence and positively impact Arrowhead Pharmaceuticals' stock price.
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