FDA grants full approval for Retevmo in RET fusion-positive thyroid cancer
The US Food and Drug Administration (FDA) yesterday granted traditional approval for US pharma major Eli Lilly’s (NYSE: LLY) Retevmo (selpercatinib).
The drug is authorized for adult and pediatric patients aged two years and older with advanced or metastatic RET fusion-positive thyroid cancer who require systemic therapy and who are radioactive iodine-refractory (if radioactive iodine is appropriate).
Selpercatinib received accelerated approval for this indication for patients 12 years of age and older in 2020. At the time, the developer of the drug was Loxo Oncology, which Lilly acquired for around $8 billion.
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