The European Medicines Agency’s Committee for Orphan Medicinal Products has issued a positive opinion backing Orphan Drug status for Geron’s (NASDAQ:GERN) imetelstat for the treatment of myelodysplastic syndromes, a rare group of bone marrow failure disorders.
Among the benefits of Orphan Drug status in Europe is a 10-year period of market exclusivity for the indication, if approved.
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