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Scholar Rock: FDA Grants Fast Track And Orphan Drug Designations To Apitegromab
Source: Nasdaq
Healthcare & BiotechRegulation & LegislationCompany FundamentalsTechnology & Innovation
Scholar Rock (SRRK) said the FDA granted Fast Track and Orphan Drug designations for apitegromab in facioscapulohumeral muscular dystrophy, a meaningful regulatory milestone. The company also reported that participant dosing is underway in the Phase (study), supporting near-term clinical progression. Overall, the news increases the probability of development success and can be supportive for sentiment around the program.
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strongly positive
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