- The FDA has granted Fast Track designation to Applied Therapeutics Inc's APLT AT-007 to treat Galactosemia, a rare metabolic disease.
- AT-007 is the Company's central nervous system-penetrant Aldose Reductase inhibitor in development for multiple rare metabolic disorders.
- Clinical programs with Fast Track designation may benefit from early and frequent communication with the FDA throughout the regulatory review process.
- Applied Therapeutics plans to submit a marketing application for Accelerated Approval in Q3 of 2021.
- The FDA has previously granted Orphan Drug Designation and Pediatric Rare Disease status to AT-007 for Galactosemia.
- Price Action: APLT shares are up 4.62% at $24 during the premarket session on the last check Thursday.
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