MedWatch

Pila Pharma's drug hope receives special FDA status

With the orphan drug designation, the Danish-Swedish biotech firm can look forward to additional incentives before and after a potential approval.

Dorte X. Gram, CEO of Pila Pharma | Photo: Pila Pharma / PR

The US Food and Drug Administration (FDA) has granted its orphan drug designation to Danish-Swedish biotech firm Pila Pharma, the company reports in a press release.

The special designation is given to new treatments for rare diseases and comes with incentives such as tax benefits for clinical trials and prolonged market exclusivity following market authorization.

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