Dyne Therapeutics Inc. (NASDAQ:DYN) is one of the best small cap stocks with biggest upside potential. On August 4, Dyne Therapeutics announced that its investigational therapy, called DYNE-251, received Breakthrough Therapy Designation from the US FDA. This designation is for treating Duchenne muscular dystrophy/DMD patients whose condition is amenable to exon 51 skipping.
This marked the second such designation for the company, as its other lead program, called DYNE-101, also received the designation earlier in 2025 for myotonic dystrophy type 1/DM1. This designation is based on data from the ongoing DELIVER clinical trial. DYNE-251 has shown sustained functional improvements over 18 months, measured by key metrics like time to rise and stride velocity.
A lab technician working with chemicals and equipment to create a novel therapeutic drug.
The therapy also demonstrated the production of near-full-length dystrophin protein. The FDA grants this designation to expedite the development and review of drugs for serious conditions that show preliminary evidence of a substantial improvement over existing treatments. The benefits for DYNE-251 include enhanced FDA support, early and frequent communication with reviewers, and eligibility for rolling and Priority Review, which could reduce the Biologics License Application/BLA review period from 12 to 8 months.
Dyne Therapeutics Inc. (NASDAQ:DYN) is a clinical-stage neuromuscular disease company that focuses on discovering and developing therapeutics for neuromuscular diseases in the US.
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Disclosure: None. This article is originally published at Insider Monkey.