regulatory
confidence high
sentiment positive
materiality 0.75
Quoin Pharma gets EMA Orphan Drug Designation for QRX003 for Netherton Syndrome
Quoin Pharmaceuticals, Ltd.
- EMA grants Orphan Drug Designation for QRX003, a topical treatment for Netherton Syndrome, a rare disease with no approved therapies.
- ODD provides 10 years of market exclusivity in Europe upon approval, plus fee reductions and access to EU grants.
- QRX003 is in multiple late-stage clinical trials; CEO cites skin healing and pruritus elimination in pediatric study.
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