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Amyotrophic Lateral Sclerosis

CytRx's Arimoclomol granted Orphan Drug Designation in European Union for treatment of ALS

Published in Medical Letter on the CDC and FDA, December 3rd, 2006

CytRx Corporation (CYTR), a biopharmaceutical company engaged in the development and commercialization of human therapeutics, announced that its lead drug candidate arimoclomol has been granted orphan medicinal product status for the treatment of amyotrophic lateral sclerosis (ALS) by the European Commission.

This orphan medicinal product status grants CytRx market exclusivity in the European Union (E.U.) for 10 years in the event that arimoclomol receives marketing approval, and provides for incentives such as reduced fees for protocol assistance and scientific advice.

"We appreciate the European Commission's recognition of arimoclomol as a...

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