Quoin Pharmaceuticals (QNRX) announced that the U.S. Food and Drug Administration has granted Fast Track Designation to QRX003 lotion for the treatment of Netherton Syndrome, a rare and severe genetic skin disorder for which there are currently no approved treatments. “We believe that the FDA’s decision to grant Fast Track Designation to QRX003 reflects the urgent unmet need faced by patients and families living with Netherton Syndrome,” said Dr. Michael Myers, CEO and Co-Founder of Quoin Pharmaceuticals. “Fast Track status enables more frequent communication with the FDA and the potential for accelerated regulatory review pathways, which may help bring the first approved treatment for Netherton Syndrome to patients as quickly as possible.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QNRX:
- QNRX Earnings this Week: How Will it Perform?
- Quoin Pharmaceuticals highlights continued growth of NETHERTON NOW program
- Quoin Pharmaceuticals Ltd – ADR trading resumes
- Quoin Pharmaceuticals Ltd – ADR trading halted, volatility trading pause
- Quoin announces submission to Japanese MHLW for ODD for QRX003
