Ayala Pharmaceuticals (NASDAQ:AYLA) has received a fast-track designation for AL 102 from the U.S. Food and Drug Administration.
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AL 102 is a selective oral gamma-secretase inhibitor and has received the fast track designation for the treatment of progressing desmoid tumors.
The drug is currently in a Phase 2/3 trial, RINGSIDE, and has shown positive interim results in Part A, Phase 2 segment of the trial.
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