Qualigen therapeutics receives orphan drug designation from the u.s. food and drug administration for qn-302, a g-quadruplex (g4) transcription inhibitor for the intended indication of pancreatic cancer

Carlsbad, calif., jan. 10, 2023 (globe newswire) -- qualigen therapeutics, inc. (“qualigen” or “the company,” nasdaq: qlgn), a diversified life sciences company focused on developing treatments for adult and pediatric cancers with potential for orphan drug designation, while also commercializing diagnostics, today announces that the u.s. food and drug administration (fda) has granted orphan drug designation (odd) to its lead drug candidate, qn-302, for the indication of pancreatic cancer. qn-302 is a small molecule selective transcription inhibitor with strong binding affinity to g4s prevalent in cancer cells.
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