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Quoin Pharmaceuticals Ltd. (QNRX) announced a significant regulatory update following a Type C meeting with the U.S. Food and Drug Administration (FDA) regarding its QRX003 candidate. The FDA indicated that a single Phase 3 study may be sufficient to support the marketing approval of the drug, which targets Netherton Syndrome. Furthermore, the agency expressed openness to an alternative study design that would likely exclude a traditional placebo control, simplifying the clinical process. Quoin plans to initiate the Phase 3 trial and complete patient recruitment by 2026, targeting a potential New Drug Application (NDA) filing in 2027. This development is seen as a major milestone for the company, as it potentially reduces clinical trial costs and execution risks. Investors are reacting positively to the clarified and potentially shorter regulatory path for the company's lead asset in the rare disease space.
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