Get 40% Off
💰 Warren Buffett reveals a $6.72 billion stake in ChubbCopy Portfolios

FDA converts Biogen and Eisai's Alzheimer's treatment to traditional approval

Published 06/07/2023, 22:32
© Reuters.
BIIB
-
ESAIY
-

The U.S. Food and Drug Administration (FDA) converted the approval status of Leqembi (lecanemab-irmb), a treatment for adult patients with Alzheimer's Disease, from accelerated approval to traditional approval.

Leqembi received approval in January through the Accelerated Approval pathway, which allows the FDA to approve drugs for serious conditions with unmet medical needs. As a postmarketing requirement, the FDA required a confirmatory study to validate the anticipated clinical benefit of Leqembi.

Teresa Buracchio, acting director of the Office of Neuroscience in the FDA's Center for Drug Evaluation and Research, stated that this approval marks the first confirmation of a drug targeting the underlying disease process of Alzheimer's disease demonstrating clinical benefit. The confirmatory study established the safety and efficacy of Leqembi as a treatment for patients with Alzheimer's disease.

The approval of Leqembi was granted to Eisai Co (OTC:ESAIY).

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.