financetom
Business
financetom
/
Business
/
AstraZeneca Says Ultomiris Gets US FDA Approval to Treat Neuromyelitis Optica Spectrum Disorder
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AstraZeneca Says Ultomiris Gets US FDA Approval to Treat Neuromyelitis Optica Spectrum Disorder
Mar 25, 2024 6:30 AM

09:00 AM EDT, 03/25/2024 (MT Newswires) -- AstraZeneca ( AZN ) said Monday the US Food and Drug Administration has approved the Ultomiris C5 complement inhibitor to treat adult patients with anti-aquaporin-4 antibody-positive neuromyelitis optica spectrum disorder.

Neuromyelitis optica spectrum disorder, or NMOSD, is a rare autoimmune disease that affects the central nervous system, including the spine and optic nerves.

The approval was based on the company's Champion-NMOSD phase 3 trial which met the primary endpoint, including zero relapses observed, the company said.

Japan and the European Union have already approved Ultomiris for select patients, the company said.

Price: 66.05, Change: -0.21, Percent Change: -0.32

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EU governments face pivotal vote on Chinese EV tariffs
EU governments face pivotal vote on Chinese EV tariffs
Oct 4, 2024
BRUSSELS (Reuters) - European Union members face a pivotal vote on Friday on whether to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc's highest profile trade case, which risks retaliation from Beijing. The European Commission, which oversees the bloc's trade policy, proposed final duties for the next five years to counter what it...
Republican Party's top bank Chain Bridge raises $41 million in US IPO
Republican Party's top bank Chain Bridge raises $41 million in US IPO
Oct 4, 2024
(Reuters) -Chain Bridge Bancorp, a lender popular among Republicans since its inception, priced its U.S. initial public offering at $22 per share on Thursday to raise $40.7 million. The bank sold 1.85 million shares in the IPO, which valued it at about $141 million. It had initially aimed for a sale of 1.85 million shares priced between $24 and $26...
Republican Party's top bank Chain Bridge raises $41 mln in US IPO
Republican Party's top bank Chain Bridge raises $41 mln in US IPO
Oct 4, 2024
Oct 3 (Reuters) - Chain Bridge Bancorp, a lender popular among Republicans since its inception, priced its U.S. initial public offering at $22 to raise $40.7 million on Thursday. ...
IonQ Demonstrates Ion-Ion Entanglement Capability in Development of Quantum Networked Systems
IonQ Demonstrates Ion-Ion Entanglement Capability in Development of Quantum Networked Systems
Oct 4, 2024
04:25 PM EDT, 10/03/2024 (MT Newswires) -- IonQ ( IONQ ) said Thursday it demonstrated remote ion-ion entanglement, a significant milestone in developing photonic interconnects. The IonQ ( IONQ ) research and development team managed to achieve remote entanglement by creating a mechanism to gather photons from two separate trap wells and direct them to a unified detection hub, according...
Copyright 2023-2026 - www.financetom.com All Rights Reserved