CK Life Sciences International (Holdings), Inc. (HK:0775) has released an update.
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CK Life Sciences Int’l announced that the FDA has granted Fast Track designation to its wholly-owned subsidiary, WEX Pharmaceuticals Inc., for Halneuron (Tetrodotoxin for Injection), aimed at treating chemotherapy-induced neuropathic pain. This Fast Track status could expedite the drug’s development and review process, potentially bringing the treatment to patients sooner. However, the drug is currently in Phase 2B clinical trials and its approval is still uncertain, with the company advising shareholders and investors to exercise caution.
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