Mustang Bio granted orphan drug designation by FDA for MB-101
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 07 2025
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FDA Approval: Mustang Bio has received Orphan Drug Designation from the U.S. Food and Drug Administration for its treatment MB-101 targeting recurrent diffuse and anaplastic astrocytoma and glioblastoma.
Significance of Designation: This designation is intended to facilitate the development of treatments for rare diseases, potentially expediting the process for Mustang Bio's innovative therapy.
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About MBIO
Mustang Bio, Inc. is a clinical-stage biopharmaceutical company focused on translating medical breakthroughs into potential cures for cancers and autoimmune diseases. The Company has partnered with medical institutions to advance the development of chimeric antigen receptor modified T cell (CAR T) therapies. Its pipeline is focused in two core areas: CAR T therapies for autoimmune diseases and hematologic malignancies and CAR T therapies for solid tumors. It is developing a CAR T therapy for hematologic malignancies and autoimmune diseases in partnership with Fred Hutchinson Cancer Center targeting CD20 and for solid tumors in partnership with City of Hope National Medical Center targeting IL13Ra2. It has also partnered with Nationwide Children’s Hospital for a herpes simplex virus type 1 oncolytic virus to enhance the activity of MB-101 for the treatment of patients with high-grade malignant brain tumors.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ford Unveils 2027 Bronco RTR SUV, Priced Between $51,475 and $80,000
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Ford Expands Bronco Lineup with New RTR Model Positioned Between $51,475 and $80,000
- New Model Launch: Ford has announced the introduction of the 2027 Bronco RTR SUV, the eighth model in the Bronco lineup, which combines off-road and street performance to attract a broader consumer base.
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