Quoin Pharmaceuticals Ltd. (NASDAQ:QNRX) ("Quoin" or the "Company"), a late clinical-stage specialty pharmaceutical company focused on rare and orphan diseases, today announced that the U.S. Food and Drug Administration (FDA) has conditionally approved QYLEKI™ as the proposed brand name for QRX003, the Company’s investigational product candidate for the treatment of Netherton Syndrome. FDA acceptance of the Company’s proposed brand name represents yet another important milestone for Quoin as it executes on its mission to deliver the first approved treatment for Netherton Syndrome. A request for proprietary name review and final approval for QYLEKI will be included in a New Drug Application (NDA) for QRX003.