Astria Therapeutics Receives FDA Orphan Drug Designation For Navenibart For The Treatment Of Hereditary Angioedema
Portfolio Pulse from Benzinga Newsdesk
Astria Therapeutics has received FDA Orphan Drug Designation for its drug navenibart, aimed at treating hereditary angioedema. The drug has shown promising results in reducing attack rates in clinical trials.
September 30, 2024 | 12:10 pm
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Astria Therapeutics' navenibart has been granted FDA Orphan Drug Designation for hereditary angioedema, showing a significant reduction in attack rates in trials.
The FDA Orphan Drug Designation is a significant regulatory milestone that can lead to market exclusivity and financial incentives. The positive trial results further enhance the drug's potential, likely boosting investor confidence and stock price.
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