Anonymous crypto exchange crypto wallets and more no verification Anonymous crypto exchange
Economic news

FDA approves injectable version of Bristol Myers Squibb’s cancer drug Opdivo (Dec. 27)

2025.01.07 15:10

(Corrects paragraph 5 in Dec. 27 story to say Opdivo Qvantig has been approved to treat most previously approved tumor indications, not all previously approved tumor indications)

By Sneha S K and Sriparna Roy

(Reuters) -The U.S. Food and Drug Administration said on Friday that it has approved an injectable version of Bristol Myers (NYSE:) Squibb’s blockbuster cancer drug, Opdivo.

Opdivo is part of a class of drugs called PD-1 inhibitors, which enhance the immune system’s ability to fight cancer by removing its natural brakes.

Like other PD-1 drugs such as Merck (NS:)’s Keytruda, it was previously available through infusions and patients received it via an intravenous drip in a health office.

The new injectable form is expected to be more convenient for patients and could help shield the company from erosion of sales when the patent for the intravenous version expires later this decade.

The injection, branded as Opdivo Qvantig, has been approved to treat most previously approved adult, solid tumor indications, either on its own, as maintenance therapy or in combination with chemotherapy.

The drug will be available in early January, and will be priced at parity with the list price of the IV version, Adam Lenkowsky, Bristol’s chief commercialization officer, told Reuters ahead of the approval.

The IV version of the drug has a list price of $7,635 per infusion for two weeks for the lower dose and $15,269 per infusion for four weeks for the higher 480-milligram dose.

The approval was based on data from a late-stage study, which showed that the subcutaneous form of the drug was not inferior to the intravenous formulation in patients with advanced kidney cancer who have received prior systemic therapy.

© Reuters. FILE PHOTO: Test tubes are seen in front of a displayed Bristol Myers Squibb logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

The drugmaker is relying on newer treatments like Opdivo Qvantig to drive growth as patents on older drugs, such as cancer drug Revlimid and blood thinner Eliquis, expire later this decade.

Opdivo Qvantig was co-formulated with Halozyme Therapeutics (NASDAQ:)’ drug delivery technology, which helps reduce treatment administration from hours-long IV infusions to subcutaneous injections delivered in minutes.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 94,942.44 3.16%
ethereum
Ethereum (ETH) $ 3,336.05 4.25%
tether
Tether (USDT) $ 1.00 0.03%
xrp
XRP (XRP) $ 2.30 1.80%
bnb
BNB (BNB) $ 691.04 2.67%
solana
Solana (SOL) $ 197.03 5.72%
dogecoin
Dogecoin (DOGE) $ 0.343858 6.73%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.966704 8.44%
staked-ether
Lido Staked Ether (STETH) $ 3,334.40 3.89%
tron
TRON (TRX) $ 0.251566 2.88%
avalanche-2
Avalanche (AVAX) $ 37.86 7.90%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,961.46 4.02%
sui
Sui (SUI) $ 4.58 6.50%
the-open-network
Toncoin (TON) $ 5.31 3.58%
chainlink
Chainlink (LINK) $ 20.61 6.72%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 4.65%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,013.46 2.95%
stellar
Stellar (XLM) $ 0.412119 6.58%
hedera-hashgraph
Hedera (HBAR) $ 0.279446 7.59%
polkadot
Polkadot (DOT) $ 6.79 7.85%
weth
WETH (WETH) $ 3,338.08 4.11%
bitcoin-cash
Bitcoin Cash (BCH) $ 437.85 2.39%
leo-token
LEO Token (LEO) $ 9.01 0.92%
uniswap
Uniswap (UNI) $ 13.17 7.24%
bitget-token
Bitget Token (BGB) $ 6.45 0.57%
litecoin
Litecoin (LTC) $ 102.51 3.53%
pepe
Pepe (PEPE) $ 0.000018 5.56%
hyperliquid
Hyperliquid (HYPE) $ 21.17 13.45%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,528.65 3.93%
near
NEAR Protocol (NEAR) $ 5.12 8.56%
ethena-usde
Ethena USDe (USDE) $ 0.999534 0.00%
usds
USDS (USDS) $ 0.998697 0.24%
internet-computer
Internet Computer (ICP) $ 11.04 4.78%
aptos
Aptos (APT) $ 9.01 9.93%
aave
Aave (AAVE) $ 292.13 7.92%
mantle
Mantle (MNT) $ 1.22 6.34%
crypto-com-chain
Cronos (CRO) $ 0.145317 5.81%
render-token
Render (RENDER) $ 7.59 10.88%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.462217 5.41%
ethereum-classic
Ethereum Classic (ETC) $ 25.47 5.81%
bittensor
Bittensor (TAO) $ 469.06 10.77%
mantra-dao
MANTRA (OM) $ 3.88 0.09%
vechain
VeChain (VET) $ 0.045468 6.49%
whitebit
WhiteBIT Coin (WBT) $ 27.17 4.03%
monero
Monero (XMR) $ 200.39 0.68%
tokenize-xchange
Tokenize Xchange (TKX) $ 43.74 6.37%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.33 11.02%
dai
Dai (DAI) $ 1.00 0.02%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.39 16.09%