Theriva Biologics Granted Orphan Medicinal Product Designation By European Commission To VCN-01 For Treatment Of Retinoblastoma
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Theriva Biologics has received Orphan Medicinal Product Designation from the European Commission for its product VCN-01, aimed at treating retinoblastoma. This designation could potentially enhance the company's market position and future revenue streams.
October 16, 2024 | 12:13 pm
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Theriva Biologics' VCN-01 has been granted Orphan Medicinal Product Designation by the European Commission for retinoblastoma treatment, potentially boosting its market position and future revenues.
The Orphan Medicinal Product Designation is a significant regulatory milestone that can lead to market exclusivity, financial incentives, and reduced regulatory fees, which are likely to positively impact Theriva Biologics' stock price.
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