FDA approval of Coherus' Loqtorzi for NPC
The Food and Drug Administration (FDA) has approved Loqtorzi (toripalimab-tpzi) in combination with cisplatin and gemcitabine for the first-line treatment of adults with metastatic or recurrent locally advanced nasopharyngeal carcinoma (NPC), and as monotherapy for the treatment of adults with recurrent, unresectable, or metastatic NPC with disease progression on or after platinum-containing chemotherapy.
The approval was granted to US biotech Coherus Biosciences (Nasdaq: CHRS), whose shares were up more than 15% at $3.04 pre-market. Coherus in-licensed the drug from China’s Junshi Biosciences (HKEX: 1877) in 2021, gaining rights to market it the USA and Canada. Coherus said that Loqtorzi is expected to be available in the USA in the first quarter of 2024.
Clinical backing
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