Generex (GNBT) Announces FDA Price Approval for Generex Oral-lyn in the Treatment IND Program

October 14, 2009 9:34 AM EDT

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.


Related Categories

FDA

Stocks Mentioned

GNBT 0.59

+0.00 +0.00%
Volume: 10,500
Track GNBT


Add Your Comment





Follow StreetInsider.com On Twitter