Satellos Bioscience (TSE:MSCL) has released an update.
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Satellos Bioscience has announced that its drug SAT-3247, aimed at treating the rare genetic disorder Duchenne muscular dystrophy (DMD), received Rare Pediatric Disease and Orphan Drug Designations from the U.S. FDA. These designations underscore the significance of SAT-3247 as a potential game-changer for pediatric DMD patients, with a Phase 1 clinical trial expected to commence in Q3 2024.
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