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Friday, November 15, 2024

Bristol Myers Gets CHMP Backing for Augtyro Cancer Drug

 Bristol Myers Squibb on Friday said the European Medicines Agency's Committee for Medicinal Products for Human Use recommended expanded approval of its Augtyro cancer drug in a pair of indications.

The Princeton, N.J., biopharmaceutical company said the recommendation cover Augtyro as a treatment for adults with ROS1-positive advanced non-small cell lung cancer and for certain patients 12 and older with advanced solid tumors expressing a NTRK gene fusion.

The European Commission, which generally follows CHMP's advice, will now review the recommendation, with a decision expected in January.

Bristol Myers said Augtyro, if approved, has the potential to be a best-in-class treatment for patients with advanced ROS1-positive non-small cell lung cancer in the European Union.

The U.S. Food and Drug Administration last year approved Augtyro for adults with ROS1-positive non-small cell lung cancer and earlier this year gave a green light to the drug in patients with NTRK-positive solid tumors.

Bristol Myers reported Augtyro sales of $23 million for the first nine months of 2024

https://www.morningstar.com/news/dow-jones/202411153813/bristol-myers-gets-chmp-backing-for-augtyro-cancer-drug

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