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NovAccess Global to Present at World Orphan Drug Congress
NovAccess Global to Present at World Orphan Drug Congress.
About this update from Novaccess Global Inc.
[{"type":"text","content":"CLEVELAND, OH / ACCESSWIRE / February 16, 2023 / NovAccess Global Inc. (OTCQB:XSNX), a biomedical company developing novel immunotherapies for brain tumor patients, today announced that its CEO Dr. Dwain Irvin has been invited to present at the World Orphan Drug Congress, scheduled for May 23-25, 2023, near Washington, DC. Dr. Christopher Wheeler, Ph.D., President, StemVax Therapeutics Inc., a division of NovAccess Global and the lead scientist for the Company, will also be attending and participating in the event.NovAccess Global received approval of its application with the U.S. Food and Drug Administration (FDA) for Orphan Drug Designation (ODD) for TLR-AD1, a vaccine immunotherapy for the treatment of aggressive brain cancers, including glioblastoma and other high-grade gliomas. This approval was accompanied by the FDA expanding the scope of the Company's submission, which underscores the promise of NovAcess Global's platform technology. The special status afforded to the Company through the ODD is expected to enable an acceleration of the development of its therapies for new treatment options for a wide range of glioblastoma patients.The FDA's Office of Orphan Products Development grants orphan designation status to investigational drugs and therapies addressing rare medical diseases or conditions that affect fewer than 200,000 people in the United States. Orphan drug designation provides benefits to drug developers which may include assistance in the drug development process, financial incentives to support clinical development, tax credits for clinical costs, exemptions from certain FDA fees and the potential for seven years of post-approval marketing exclusivity.NovAccess Global's participation and presentation at the World Orphan Drug Congress will allow the Company to disseminate and leverage its groundbreaking work to provide support for clinical development, accelerate time to market, and increase the reach of its therapeutic technology platform. Considered to be the world's most important orphan drug and rare disease event, the World Orphan Drug Congress brings together leading pharmaceutical and biotech companies, government and regulatory authorities, patient advocacy groups, payers, investors and solution providers. The conference is a place to meet and brainstorm on ways to advance orphan drug development and im...