Nordic Nanovector: Betalutin™ Granted Orphan-Drug Designation In The USA
5/20/2014 8:32:50 AM
OSLO, Norway--(BUSINESS WIRE)--Nordic Nanovector is pleased to announce today that the company’s lead product candidate Betalutin™ has been granted orphan-drug designation for treatment of follicular lymphoma in the USA by FDA’s Office of Orphan Products Development.
Orphan-drug designation for Betalutin™ will provide the company several advantages, including reduced costs related to the clinical development program, as well as commercial exclusivity for seven years once the product reaches the market.
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