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Stock impact report

ChromaDex Receives Exclusive U.S. FDA Orphan Drug Designation (ODD) and Rare Pediatric (RPD) Disease Designation for Nicotinamide Riboside Chloride (NRC) for the Treatment of Ataxia Telang...

ChromaDex Corporation (CDXC) 
NASDAQ:AMEX Investor Relations: investors.chromadex.com
Company Research Source: Yahoo! Finance
LOS ANGELES, June 07, 2024 BUSINESS WIRE ChromaDex Corp. (NASDAQ:CDXC), the global authority on nicotinamide adenine dinucleotide (NAD ) and healthy aging research, today announced that the U.S. Food & Drug Administration (FDA) granted Orphan Drug Designation (ODD) and Rare Pediatric Disease (RPD) Designation for NRC, the company's product candidate for the treatment of Ataxia Telangiectasia (AT). Plans are underway to file an Investigational New Drug (IND) application with the U.S. FDA in anticipation of conducting human clinical trials, which will be guided by Dr. Vilhelm (Will) Bohr, Prof., University of Copenhagen and Scientific Advisor to ChromaDex. Over 30 million people in the U.S. are impacted by more than 7,000 rare diseases, many of which are life-threatening and lack effective treatments," said Rob Fried, CEO of ChromaDex. "We believe NRC has potential as a treatment for AT." "AT is a condition where children suffer from the adverse effects of premature aging and face Show less Read more
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