Genentech, a member of Roche (RHHBY), announced that the FDA has approved CD20xCD3 bispecific Lunsumio Velo as a subcutaneous formulation, for the treatment of adult patients with relapsed or refractory follicular lymphoma after two or more lines of systemic therapy, based on results from the Phase I/II GO29781 study. Based on the study results, Lunsumio Velo is approved under accelerated approval. Full approval for this regimen may be contingent on verification and confirmation of benefit in a confirmatory trial.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RHHBY:
- Roche CEO says drug prices in Switzerland to get higher in future, Reuters says
- Trump announces pacts with nine pharma companies to lower drug prices
- Genentech reaches pact with US. to lower costs for state Medicaid programs
- Drugmakers set to make deals with Trump in exchange for incentives, WaPo reports
- Top drugmakers to enter agreements with U.S. to cut drug prices, Reuters says
