FDA 'Breakthrough' status for Neurocrine's crinecerfont
Neurocrine Biosciences (Nasdaq: NBIX) yesterday revealed it has received Breakthrough Therapy designation from the US Food and Drug Administration (FDA) for crinecerfont in congenital adrenal hyperplasia.
The news edged Neurocrine’s shares up 1.7% on Monday, and a further 2.9% to $122.00 pre-market this morning.
The revenue for crinecerfont is expected to reach an annual total of $314 million by 2033 in the USA based off sector analytics firm GlobalData’s Expiry Model.
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