On January 21,2016 ENB Therapeutics reported that the FDA awards ENB lead product ENB001 Orphan Drug Designation for Stage IIB- Stage IV melanoma (Press release, ENB Therapeutics, JAN 30, 2016, View Source [SID1234634052]). This represents a major milestone in our development program for ENB001 which now qualifies for various development incentives including tax credits for clinical trials, seven year marketing exclusivity in the US following approval, and a fast track for the FDA to evaluate registration files.
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