Drug DevelopmentQuoin is continuing to progress the development of QRX003 for treating Netherton Syndrome, with two whole body studies being conducted for regulatory submissions.
Market PotentialNetherton Syndrome remains a very difficult to treat disease with no approved disease-modifying therapeutic options, thus an approved therapy has significant market potential.
Regulatory ProgressThe FDA has granted QRX003 Rare Pediatric Disease Designation, which can expedite its review process and increase the likelihood of approval.