Neurotech International Ltd’s Post

We've submitted today, a request to the US Food and Drug Administration (FDA) for orphan drug designation for the use of NTI164 in children and adults diagnosed with Rett Syndrome. If granted, ODD could provide several incentives, including tax credits, exemption from user fees, and seven years of market exclusivity upon approval. Rett Syndrome is a rare neurological disorder affecting approximately 15,000 girls and women in the US and 350,000 globally, with the global market estimated at over $2 billion annually. A response from the FDA Office of Orphan Products Development is anticipated within 90 days of filing. Read the full ASX Announcement here: https://lnkd.in/gNThDbGC #NTI #Neurotech #biotech #RettsSyndrome #NTI164 Ontario Rett Syndrome Association

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