Rigel Announces R289 Granted Fast Track Designation by the FDA for Lower-Risk MDS
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Rigel Pharmaceuticals announced that the FDA has granted Fast Track designation to its drug R289 for treating lower-risk myelodysplastic syndrome. This designation could expedite the drug's development and review process.
December 02, 2024 | 1:30 pm
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Rigel Pharmaceuticals' R289 has been granted Fast Track designation by the FDA for treating lower-risk myelodysplastic syndrome, which could expedite its development and review process.
The FDA's Fast Track designation is significant as it can lead to faster drug development and review, potentially bringing R289 to market sooner. This is positive news for Rigel Pharmaceuticals, likely boosting investor confidence and stock price in the short term.
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