Biogen Says Felzartamab Received FDA Breakthrough Therapy Designation For Treatment Of Late Antibody-mediated Rejection Without T-cell Mediated Rejection In Kidney Transplant Patients
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Biogen announced that its drug Felzartamab has received FDA Breakthrough Therapy Designation for treating late antibody-mediated rejection in kidney transplant patients. This designation could expedite the drug's development and review process.
October 09, 2024 | 11:31 am
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Biogen's Felzartamab has been granted FDA Breakthrough Therapy Designation, potentially speeding up its development and approval process. This is a positive development for Biogen as it could lead to a new treatment option for kidney transplant patients.
The FDA Breakthrough Therapy Designation is significant as it can expedite the development and review of drugs that show promise in treating serious conditions. This news is likely to positively impact Biogen's stock as it suggests potential future revenue from a new treatment option.
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