Praxis Precision Medicines Announces Rare Pediatric Disease Designation Granted for Relutrigine in Dravet Syndrome
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Praxis Precision Medicines has received a Rare Pediatric Disease Designation from the FDA for its drug relutrigine, targeting Dravet syndrome. This is the third such designation for relutrigine, which is also designated for SCN2A and SCN8A DEEs. Praxis plans to start a trial in 2025.
December 18, 2024 | 1:15 pm
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Praxis Precision Medicines has been granted a Rare Pediatric Disease Designation by the FDA for relutrigine in Dravet syndrome, potentially enhancing its market position and investor interest.
The FDA designation is a significant regulatory milestone that can enhance the company's market position and attract investor interest. It indicates potential for future revenue streams if the drug is approved and commercialized.
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