Dyne Therapeutics Inc. (NASDAQ: DYN) is considered one of the best stocks to buy under $20.
On September 29, Dyne Therapeutics announced that Japan’s Ministry of Health, Labour and Welfare (MHLW) has granted Orphan Drug designation for its investigational therapeutic, DYNE-251.
This designation is specifically for individuals with Duchenne muscular dystrophy (DMD) who have mutations in the DMD gene that are amenable to treatment with DYNE-251.
The Orphan Drug designation is a significant milestone, as it provides certain benefits and incentives to facilitate the development of treatments for rare diseases like DMD.
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