Stock Market News

U.S. FDA delays decision on Regeneron/Roche COVID antibody therapy

2022.04.14 14:47

U.S. FDA delays decision on Regeneron/Roche COVID antibody therapy
FILE PHOTO: The Regeneron Pharmaceuticals company logo is seen on a building at the company’s Westchester campus in Tarrytown, New York, U.S. September 17, 2020. REUTERS/Brendan McDermid

(Reuters) -The U.S. Food and Drug Administration has extended by three months its review of Regeneron Pharmaceuticals Inc (NASDAQ:REGN)’s application for the full approval of its COVID-19 antibody therapy, the U.S. drugmaker said on Thursday.

Before making its decision, the health agency wants to look at additional data submitted by Regeneron on using the antibody cocktail as a preventive treatment.

The FDA has not asked for any extra studies to complete its review and will now decide on the drug by July 13, Regeneron said.

Regeneron’s “cocktail” of two monoclonal antibodies, casirivimab and imdevimab, had received an emergency use authorization in the United States in late 2020 to treat patients who were 12 years and older with mild-to-moderate COVID-19.

The therapy, called REGEN-COV, was later also authorized in the country for the prevention of COVID-19 in certain people exposed to an infected individual, or who were at high risk of such exposure.

However, data showed that REGEN-COV and a rival monoclonal antibody drug from Eli Lilly (NYSE:LLY) were unlikely to be effective against the highly contagious Omicron coronavirus variant. That led the U.S. FDA to revise the emergency use authorizations for both therapies to limit their use.

Regeneron is collaborating with Roche, which is primarily responsible for the development and distribution of the treatment outside the United States.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,804.47 0.78%
ethereum
Ethereum (ETH) $ 3,457.21 0.48%
tether
Tether (USDT) $ 0.999755 0.04%
xrp
XRP (XRP) $ 2.27 0.67%
bnb
BNB (BNB) $ 703.69 0.09%
solana
Solana (SOL) $ 196.69 1.51%
dogecoin
Dogecoin (DOGE) $ 0.329417 0.86%
usd-coin
USDC (USDC) $ 1.00 0.05%
staked-ether
Lido Staked Ether (STETH) $ 3,454.15 0.39%
cardano
Cardano (ADA) $ 0.901353 2.43%
tron
TRON (TRX) $ 0.256844 0.29%
avalanche-2
Avalanche (AVAX) $ 39.60 3.18%
the-open-network
Toncoin (TON) $ 5.93 0.93%
chainlink
Chainlink (LINK) $ 23.97 2.74%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,111.66 0.43%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 2.90%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,498.39 0.99%
sui
Sui (SUI) $ 4.42 3.36%
hedera-hashgraph
Hedera (HBAR) $ 0.31585 1.46%
stellar
Stellar (XLM) $ 0.377295 2.81%
polkadot
Polkadot (DOT) $ 7.34 1.43%
weth
WETH (WETH) $ 3,462.93 0.27%
bitcoin-cash
Bitcoin Cash (BCH) $ 457.40 1.15%
hyperliquid
Hyperliquid (HYPE) $ 26.67 9.47%
bitget-token
Bitget Token (BGB) $ 6.31 29.51%
leo-token
LEO Token (LEO) $ 9.51 0.03%
litecoin
Litecoin (LTC) $ 108.25 0.38%
uniswap
Uniswap (UNI) $ 13.51 4.86%
pepe
Pepe (PEPE) $ 0.000018 3.73%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,648.48 0.40%
near
NEAR Protocol (NEAR) $ 5.32 3.78%
ethena-usde
Ethena USDe (USDE) $ 0.999636 0.07%
aave
Aave (AAVE) $ 358.04 2.26%
usds
USDS (USDS) $ 0.998767 0.14%
internet-computer
Internet Computer (ICP) $ 10.95 2.93%
aptos
Aptos (APT) $ 9.36 4.01%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.503469 2.95%
crypto-com-chain
Cronos (CRO) $ 0.155781 3.27%
mantle
Mantle (MNT) $ 1.22 0.29%
vechain
VeChain (VET) $ 0.050115 3.34%
ethereum-classic
Ethereum Classic (ETC) $ 26.84 2.51%
render-token
Render (RENDER) $ 7.41 4.76%
whitebit
WhiteBIT Coin (WBT) $ 24.77 0.31%
bittensor
Bittensor (TAO) $ 484.39 3.69%
mantra-dao
MANTRA (OM) $ 3.73 3.67%
monero
Monero (XMR) $ 191.09 1.75%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.32 3.77%
dai
Dai (DAI) $ 1.00 0.12%
arbitrum
Arbitrum (ARB) $ 0.786504 2.21%
filecoin
Filecoin (FIL) $ 5.22 3.39%