The European regulator has accepted a submission from Tokyo’s Astellas Pharma (TYO: 4503) for roxadustat, for the treatment of anemia in adults with chronic kidney disease (CKD).
The milestone will trigger a payment of $130 million to co-developer FibroGen (Nasdaq: FGEN). The two firms have been working together in the field of anemia since 2006.
Astellas, which has rights to roxadustat in European countries, South Africa and elsewhere, picked up the first approval for the drug in late 2019, in Japan, where it is marketed as Evrenzo.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze