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Orgenesis gets Orphan Drug designation to treat severe diabetes

Orgenesis Inc (NASDAQ:ORGS) Chief Scientific Officer Dr. Sarah Ferber tells Proactive Investors the FDA has granted Orphan Drug designation to its Autologous Insulin Producing (AIP) cells as a cell-replacement therapy for the treatment of severe diabetes following a pancreatectomy, a surgical procedure performed to treat chronic pancreatitis.

According to Dr. Ferber, the Maryland-based biopharmaceutical company’s Israeli subsidiary, Orgenesis Ltd, has already gained approval to analyze the safety of targeting insulin-dependent diabetes.

Quick facts: Orgenesis

Price: 2.63 USD

NASDAQ:ORGS
Market: NASDAQ
Market Cap: $43.15 m
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Full interview: Orgenesis signs deal with Accellix, invites Academy Award...

Orgenesis (NASDAQ: ORGS) President and CEO Vered Caplan joined Steve Darling from our Proactive New York studio to discuss the company signing an important co-development deal with Accellix. That company specializes in assay migration and delivery platforms for on-demand process...

on 11/04/2019

2 min read