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Stock impact report

Krystal Biotech, Candel, Edgewise gain after FDA fast track tags [Seeking Alpha]

Edgewise Therapeutics, Inc. (EWTX) 
Company Research Source: Seeking Alpha
FDA issued fast-track designations for some of their product candidates. Krystal ( KRYS ) has won fast-track status for its experimental cancer therapy KB707 as a treatment for solid tumors with pulmonary metastases that are relapsed or refractory to standard of care. A Phase 1 trial for the inhaled therapy is currently underway, with its dosing expected to start in H1 2024. Needham, Massachusetts-based Candel ( CADL ) said that the FDA issued fast-track designation for its gene therapy candidate CAN-3110 to treat patients with high-grade glioma, a cancer affecting the central nervous system. The company expects to report additional data from a Phase 1b trial for CAN-3110 in H2 2024. Meanwhile, Edgewise Therapeutics' ( EWTX ) fast-track designation covers its lead product candidate, EDG-5506, for treating Duchenne muscular dystrophy, a rare neuromuscular disorder. Two mid-stage trials called LYNX and FOX are currently underway for EDG-5506 in Duchenne, with data from the for Show less Read more
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