SNY's Tolebrutinib Gets FDA Breakthrough Therapy Tag for nrSPMS
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Sanofi's tolebrutinib has received a Breakthrough Therapy designation from the FDA for the treatment of non-relapsing secondary progressive multiple sclerosis (nrSPMS).
December 13, 2024 | 5:15 pm
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Sanofi's tolebrutinib has been granted Breakthrough Therapy designation by the FDA for nrSPMS, which could expedite its development and approval process.
The FDA's Breakthrough Therapy designation is significant as it can accelerate the development and review process of tolebrutinib, potentially leading to earlier market entry and increased revenue for Sanofi. This news is likely to positively impact Sanofi's stock price in the short term.
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