Regeneron wins FDA approval for Otarmeni, first gene therapy for genetic hearing loss
The US Food and Drug Administration (FDA) has granted accelerated approval for US biotech Regeneron Pharmaceuticals’ (Nasdaq: REGN) Otarmeni (lunsotogene parvec-cwha), the first gene therapy and second new molecular entity approved under the FDA Commissioner’s National Priority Voucher program. The firm’s shares were lifted 2.6% to $766.02 by the news,
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