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Medicus Pharma Eyes Veterinary Market with FDA Designation
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Medicus Pharma Eyes Veterinary Market with FDA Designation

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Medicus Pharma Ltd (TSE:MDCX) has released an update.

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Medicus Pharma Ltd. has received a Minor Use in Major Species Designation from the FDA for their innovative Doxorubicin-containing microneedle array patch aimed at treating squamous cell carcinoma in horses. This designation could give Medicus a competitive edge with exclusive marketing rights for seven years if the product is approved. The company’s progress signals a promising future in the veterinary pharmaceutical market, potentially leading to a commercially viable product by 2026.

For further insights into TSE:MDCX stock, check out TipRanks’ Stock Analysis page.

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