Pharmaust Limited (AU:NUZ) has released an update.
Neurizon Therapeutics Limited has secured Orphan Medicinal Product Designation from the European Medicines Agency for its ALS treatment, NUZ-001, promising market exclusivity and significant commercial advantages in the EU. This designation complements a similar status previously granted by the U.S. FDA, bolstering Neurizon’s global market position. The company is gearing up for the Phase 2/3 HEALEY ALS Platform Trial to further validate NUZ-001’s efficacy, aiming to accelerate treatment access while enhancing shareholder value.
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