Quoin Pharmaceuticals’ Lead Product Candidate QRX003 Granted Orphan Drug Designation By European Medicines Agency For Treatment Of Peeling Skin Syndrome
– Company on track to initiate first-ever formal clinical trial in Peeling Skin Syndrome before year end – Orphan Drug designation milestone provides 10 years of market exclusivity for Peeling Skin Syndrome in Europe
Quoin got official approval to develop a medicine for a rare skin disease. This means they can sell it without competition in Europe for ten years.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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