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Insilico Medicine's Pleural Mesothelioma Drug Receives US FDA Fast Track Designation; Shares Down 4%

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Insilico Medicine (HKG:3696) said ISM6331 received fast-track designation from the U.S. Food and Drug Administration for the treatment of adult patients with unresectable malignant pleural mesothelioma, according to a Wednesday filing with the Hong Kong Stock Exchange.

The company said the designation covers adult patients with unresectable malignant pleural mesothelioma.

Shares of the biopharmaceutical company were down 4% in recent trade.

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