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Tiziana Life Sciences seeks FDA orphan drug status for nasal therapy targeting rare neurodegenerative disease MSA

Market News
30 Sep 2026
Proactive Investors
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Bullish
Tiziana Life Sciences seeks FDA orphan drug status for nasal therapy targeting rare neurodegenerative disease MSA

Tiziana Life Sciences has applied to the US FDA for orphan drug designation for its intranasal foralumab to treat multiple system atrophy (MSA), a rare and rapidly progressing neurodegenerative disorder with no approved disease-modifying treatments. MSA severely impacts autonomic and motor functions, leading to disability and shortened life expectancy. The designation, if granted, would offer seven years of market exclusivity and other regulatory benefits. Foralumab is currently in a Phase 2a trial assessing its effects on brain inflammation and clinical outcomes, aiming to provide a novel immune-based therapy for this devastating disease.

Tiziana Life Sciences' FDA orphan drug status application for nasal MSA therapy is the subject, with this Pluang Health sector market data for context. Of 100 priced Health-sector US stocks tradable on Pluang, 45 rose and 50 fell today. Notable movers include AMWL at USD 13.54 with a 3.04% increase and 100% sell order activity, DGX at USD 238.50 up 2.82% with 100% buy order activity, and CTXR at USD 0.54 down 2.60% with 97% buy order activity. Data is as of Sep 30, 2026 19:11 WIB.

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