Nanogenics21 May 2025 09:20
I was expecting some sort of update on the new part of the business.
Unless I missed it the last update was July 2024. That's a long three months.
Nanogenics has now submitted an application to the U.S. Food and Drug Administration ("FDA") to obtain orphan drug designation for its product ECP105, for the prevention of scarring following glaucoma surgery. Obtaining orphan drug status in the USA is expected to bring substantial cost and time savings on the development work and once approved, seven years of exclusivity. A decision is expected by the FDA three months from the date of application.