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-0.00317460317460325 -0.00317460317460325 -0.00317460317460325 -0.00317460317460325 0 0.0126984126984126 0.0158730158730158 0.0206349206349206
Stock impact report

ChromaDex (CDXC) Up as Ataxia Candidate Gets Orphan Drug Tag [Yahoo! Finance]

ChromaDex Corporation (CDXC) 
NASDAQ:AMEX Investor Relations: investors.chromadex.com
Company Research Source: Yahoo! Finance
Pediatric Disease (RPD) Designation to its investigational candidate, nicotinamide riboside chloride (NRC), to treat ataxia telangiectasia (AT). The company is currently gearing up to file an investigational new drug (IND) application for NRC with the FDA to treat AT. Subject to IND clearance, ChromaDex will begin evaluating the candidate in human clinical studies. The FDA grants the ODD to support the development of medicines for rare disorders that affect a few patients in the United States. The ODD will grant CDXC market exclusivity for NRC in the treatment of AT for a predefined time period, along with the exemption of FDA application fees and tax credits for qualified clinical studies, all subject to approval. Per ChromaDex, the ODD grant reaffirms the potential of NRX to treat a rare, neurodegenerative disease like AT that causes severe disability (premature aging). Currently, there is no cure or FDA-approved treatment to slow the progression of AT. The average life expe Show less Read more
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