Why Orphan Drug Designation Offers Several Benefits
CRISPR Therapeutics AG - Common Shares (CRSP)
Last crispr therapeutics ag - common shares earnings: 8/7 05:01 pm
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Source: PR Newswire
FinancialNewsMedia.com News CommentaryPALM BEACH, Fla., May 18, 2022 /PRNewswire/ -- The U.S. FDA prioritizes developing new treatments for rare diseases with the ability to grant Orphan Drug Designation. Here we discuss the FDA's Orphan Drug Designation program in reference to AbbVie (NYSE: ABBV), Crispr Therapeutics AG (NASDAQ: CRSP), Cytokinetics, Inc. (NASDAQ: CYTK), and Cardiol Therapeutics (NASDAQ: CRDL) (TSX: CRDL).The Orphan Drug Designation program encourages progress in battling rare diseases and conditions. For drug companies carrying out the research and development, the designation brings several incentives, including:Typically obtain high reimbursement levelsExemption from certain FDA feesPotential seven years of market exclusivity after approvalORPHAN DRUG DESIGNATIONSThe FDA recently granted Orphan Drug Designation to epcoritamab, a drug developed by Genmab and AbbVie (NYSE: ABBV) to treat follicular lymphoma. AbbVie is responsible for further global commercialization.
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CRSP
Earnings
- 2/21/24 - Beat
CRSP
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- 4/10/24 - Form SC
- CRSP's page on the SEC website