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FW-CD is a proprietary oral formulation of niclosamide, initially developed by First Wave Bio and subsequently acquired by AzurRx BioPharma, which was later renamed First Wave BioPharma. This drug is specifically being developed for the treatment of Crohn's disease, an inflammatory bowel disease. Its therapeutic action is based on leveraging niclosamide's established anti-inflammatory properties, aiming to address the significant unmet needs within the IBD market.
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