US health care giant Johnson & Johnson (NYSE: JNJ) subsidiary Janssen yesterday submitted a supplemental Biologics License Application (sBLA) to the US Food and Drug Administration and a Type II Variation to the European Medicines Agency requesting approval of Stelara (ustekinumab) for the treatment of adult patients with active psoriatic arthritis.
It is estimated that more than two million people in the USA and around 4.2 million people across Europe are living with psoriatic arthritis, a chronic autoimmune disease characterized by both joint inflammation and psoriasis skin lesions, for which there is no cure. Analysts at Credit Suisse have put a new present value for Stelara for Psoriasis of $2.6 per share (4% of total) for J&J.
Clinical backing
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