Monday, December 8, 2008

Tesetaxel receives FDA Designation as an Orphan Drug

Genta Incorporated has received notice from the USFDA that tesetaxel, the Company's oral taxane in clinical development, has been granted designation as an "Orphan Drug" for treatment of patients with advanced melanoma. Orphan drug status provides for a period of marketing exclusivity, certain tax benefits, and an exemption from certain fees upon submission of a New Drug Application.

No comments: