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0 0.00607533414337797 -0.0024301336573511 -0.0024301336573511 -0.00121506682867555 -0.0109356014580802 -0.0155042527339003 -0.0279465370595383
Stock impact report

APLT Stock Soars 69% on Positive Update on Galactosemia Drug NDA [Yahoo! Finance]

Applied Therapeutics, Inc. (APLT) 
Last applied therapeutics, inc. earnings: 11/13 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of Applied Therapeutics APLT surged 68.8% on Wednesday after it announced a regulatory update regarding the ongoing new drug application (NDA) review of APLT's lead candidate, govorestat, for treating classic galactosemia. Per the press release, in a late-cycle review meeting with the FDA, the regulatory body communicated to Applied Therapeutics that it no longer requires the opinion of an Advisory Committee. The Advisory Committee meeting was previously tentatively scheduled for Oct. 9, 2024. APLT's govorestat (also known as AT-007) is a novel central nervous system penetrant ARI, which is currently being developed for three rare neurological diseases. The NDA for govorestat for the galactosemia indication was accepted by the FDA in late February under its Priority Review pathway. A filing designated as a Priority Review reduces the review period by four months. A final decision from the regulatory body was originally expected on Aug. 28, 2024. However, in March 2024, A Show less Read more
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