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Quoin Pharmaceuticals says its main drug QRX003 got special status from Europe for treating Peeling S.

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Quoin's special European status for QRX003 brings access to advice, lower fees, and possible grants. The treatment is not approved, and its first formal study has not begun, so the benefits remain uncertain.

QNRX · Quoin Pharmaceuticals Ltd.

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The status can help Quoin get scientific advice, lower fees, and access European grants. Those benefits may help as it prepares to study QRX003. But the treatment is not approved, and the company says its first formal study is still ahead. The possible 10 years of market exclusivity depends on approval, so this is encouraging progress, not proof the treatment will reach patients.

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