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Palvella Therapeutics Granted FDA Fast Track Designation for QTORIN™ 3.9% Rapamycin Anhydrous Gel (QTORIN™ rapamycin) for the Treatment of Angiokeratomas

1. PVLA's QTORIN™ rapamycin receives FDA Fast Track designation for angiokeratomas. 2. No FDA-approved therapies exist for the over 50,000 U.S. patients affected. 3. Phase 2 trial for QTORIN™ rapamycin expected to begin in late 2026. 4. Fast Track designation may lead to accelerated approval and priority review. 5. QTORIN™ platform aims to address significant unmet needs in rare skin diseases.

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FAQ

Why Bullish?

The Fast Track designation indicates strong market potential, reminiscent of similar designations leading to earlier approvals for others like Vertex Pharmaceuticals’ CF drugs.

How important is it?

The FDA's designation directly influences PVLA's regulatory pathway and competitive stance in a niche market.

Why Long Term?

The Phase 2 trial will take time, suggesting a long-term investment horizon for potential returns.

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Palvella Therapeutics Secures FDA Fast Track Designation for QTORIN™ Rapamycin in the Treatment of Angiokeratomas

WAYNE, Pa., December 16, 2025 – Palvella Therapeutics, Inc. (Nasdaq: PVLA), a biopharmaceutical company committed to developing innovative therapies for rare skin diseases, has received Fast Track Designation from the U.S. Food and Drug Administration (FDA) for its product QTORIN™ 3.9% rapamycin anhydrous gel. This designation targets the treatment of angiokeratomas, a condition that currently has no FDA-approved therapies.

Understanding Angiokeratomas and Their Impact

Angiokeratomas are lymphatic-derived skin lesions that can lead to persistent bleeding, chronic pain, and reduced quality of life for those affected. The U.S. is home to over 50,000 diagnosed patients, highlighting a significant unmet medical need. According to Wes Kaupinen, Founder and CEO of Palvella, “Angiokeratomas are chronic, often debilitating lesions with no FDA-approved therapies. This Fast Track designation underscores the potential of QTORIN™ rapamycin to address this significant unmet need and supports our opportunity to advance what could become the first FDA-approved therapy for these patients.”

Details of the Fast Track Designation

The FDA's Fast Track program is designed to accelerate the development and review process for drugs that treat serious conditions. This designation allows Palvella to have enhanced communication with the FDA, facilitating quicker resolution of questions and issues that may arise during development.

  • QTORIN™ rapamycin may qualify for Accelerated Approval and Priority Review upon meeting applicable criteria.
  • Fast Track status aims to expedite patient access to important new therapies.

Future Development Plans for QTORIN™ Rapamycin

Palvella plans to initiate a Phase 2 clinical trial in the second half of 2026 to evaluate QTORIN™ rapamycin specifically for clinically significant angiokeratomas. This trial will likely involve 10-20 patients and will be designed to assess the drug’s safety and efficacy.

About Palvella Therapeutics

Founded and led by veterans in rare disease drug development, Palvella Therapeutics, Inc. (Nasdaq: PVLA) is dedicated to creating and commercializing therapies for rare skin diseases that lack FDA-approved treatments. The company's lead product candidate, QTORIN™ rapamycin, aims to treat various conditions, including microcystic lymphatic malformations and cutaneous venous malformations.

Palvella is also developing a second product, QTORIN™ pitavastatin, for the treatment of disseminated superficial actinic porokeratosis. For more details, please visit www.palvellatx.com or follow Palvella on social media platforms.

Forward-Looking Statements

This announcement contains forward-looking statements regarding Palvella's goals, development plans, and anticipated regulatory milestones, which are based on current beliefs and subject to risks and uncertainties. Actual results may differ materially from those projected in these statements.

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