Pfizer inflammatory bowel illness drug wins EU approval – ET HealthWorld | Pharma


New Delhi: Pfizer‘s drug to deal with sufferers with an inflammatory bowel illness referred to as ulcerative colitis has been permitted by the European Commission, the corporate stated on Monday.

The approval for Velsipity follows backing from the European Medicines Agency‘s panel of consultants in December.

The drug was permitted to be used in sufferers aged 16 or older and who didn’t present enough response or had been illiberal to earlier remedy, Pfizer stated.

The approval, relevant in all 27 nations of the European Union, relies on research from two late-stage trials that confirmed the drug was efficient and secure in eligible sufferers.

Pfizer stated Velsipity shall be obtainable in every of the member nations after the nationwide processes are full, together with functions for reimbursement for the drug.

About 2.6 million individuals in Europe live with ulcerative colitis, Pfizer says.

Velsipity, which was permitted in the US in October, belongs to a category of medicine used to control the physique’s immune response and is anticipated to compete with Bristol Myers Squibb’s Zeposia.

Pfizer has additionally sought regulatory approvals for the drug in Australia, India and the UK, amongst others.

Leerink Partners in October estimated the drug’s 2030 gross sales at $2.2 billion.

  • Revealed On Feb 20, 2024 at 11:43 AM IST

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