Atossa gains on Rare Pediatric Disease status for Duchenne asset

atossa-gains-on-rare-pediatric-disease-status-for-duchenne-asset
Duchenne muscular dystrophy

Hailshadow

  • Atossa Therapeutics (ATOS) is up ~11% in Thursday trading after reporting that the US FDA has granted Rare Pediatric Disease designation to Duchenne Muscular Dystrophy candidate “Z”-Endoxifen.
  • If “Z”-Endoxifen is eventually approved, Atossa would be eligible for a Priority Review voucher that could be sold to another company.
  • “Z”-Endoxifen is a selective estrogen receptor modulator that Atossa says has 100 times greater potency than existing SERMs with better tolerability. It is also under investigation for breast cancer. 

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