Generex (GNBT) Announces FDA Price Approval for Generex Oral-lyn in the Treatment IND Program
Generex Biotechnology Corporation (Nasdaq: GNBT) announced that the FDA has granted price approval in respect of the use of Generex Oral-lyn(TM) under the FDA's Treatment Investigational New Drug (IND) program.
Generex previously announced that the FDA has granted approval for the treatment use of Generex Oral-lyn(TM) in patients with Type 1 or Type 2 diabetes mellitus under the FDA's "Treatment IND" rules.
This latest FDA approval will permit the Company to charge for the product to recover costs.
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