Categories
Audio Posts and Shared Links

GSK to withdraw blood cancer drug from U.S. after trial failure

Advertisements | Advertising at The News And Times - advertising-newsandtimes.com | WE CONNECT!
Listen to this article
2022-11-22T07:18:00Z

GSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

British drugmaker GSK Plc (GSK.L) said on Tuesday it has initiated a process to withdraw the U.S. approval for its blood cancer drug Blenrep, after the therapy failed to meet the requirements of a key trial.

Earlier this month, the company said Blenrep had failed the main goal of a late-stage study designed to show it was better than an existing treatment in the market, stoking fears that regulatory approval may be rescinded by authorities.

The drug was given an accelerated approval by the U.S. regulator in 2020 for patients with relapsed or refractory multiple myeloma. Last year, the drug garnered 89 million pounds ($105.4 million) in global sales.

($1 = 0.8447 pounds)

Advertisements | Advertising at The News And Times - advertising-newsandtimes.com | WE CONNECT!
WP Radio
WP Radio
OFFLINE LIVE