AbbVie Small Cell Lung Cancer Treatment (An Antibody Drug Conjugate Comprising Monoclonal Antibody Anti-SEZ6 IgG1 Antibody Conjugated To A Top1 Inhibitor) Granted FDA Orphan Designation
Portfolio Pulse from Benzinga Newsdesk
AbbVie's small cell lung cancer treatment, an antibody drug conjugate, has been granted FDA orphan designation. This designation is significant for AbbVie as it can provide benefits like market exclusivity and tax credits.
October 29, 2024 | 7:12 pm
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AbbVie's small cell lung cancer treatment has been granted FDA orphan designation, which could provide market exclusivity and tax credits, potentially boosting the company's market position.
The FDA orphan designation is significant for AbbVie as it can lead to market exclusivity and tax credits, which are beneficial for the company's financials and competitive position. This news is likely to positively impact AbbVie's stock price in the short term.
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