Actuate Therapeutics Receives FDA Orphan Drug Designation For Elraglusib, A GSK-3β Inhibitor, For The Treatment Of Soft Tissue Sarcomas; Expands Potential To Address High Unmet Medical Needs In Difficult-To-Treat Cancers
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Actuate Therapeutics has received FDA Orphan Drug Designation for its drug Elraglusib, a GSK-3β inhibitor, aimed at treating soft tissue sarcomas. This designation could help address unmet medical needs in difficult-to-treat cancers.
September 11, 2024 | 12:03 pm
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Actuate Therapeutics' Elraglusib has been granted FDA Orphan Drug Designation for soft tissue sarcomas, potentially enhancing its market position in cancer treatment.
The FDA Orphan Drug Designation is significant as it provides benefits like market exclusivity, tax credits, and potential grants, which can enhance Actuate's market position and investor interest.
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