Revolutionary migraine therapy approved in Europe
Novartis (SIX: NOVN) announced on Tuesday the approval of its game-changing migraine prevention therapy Aimovig (erenumab) by the European Medicines Agency (EMA).
The drug — commercialized by Amgen (Nasdaq: AMGN) in Japan and jointly in the USA — is a calcitonin gene-related peptide receptor (CGRP-R) blocker, which directly addresses the body's mediator of migraine pain. It is the only therapy of its kind to have been studied in patients who had previously not been amenable to treatment.
Aimovig is the first in this class of therapy to be approved in the USA, Australia, Switzerland and now Europe, each time indicated for patients suffering four or more migraines per month. The drug is expected to cost around $6,900 per year.
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