Roche secures regulatory approval for Ocrevus in Australia
Australia’s medicines regulator, the Therapeutic Goods Administration, has approved Swiss pharma firm Roche’s (ROG: SIX) application to market Ocrevus (ocrelizumab) as a treatment for multiple sclerosis.
It’s the second regulatory approval for Roche in two indications: relapsing forms of multiple sclerosis (RMS) and primary progressive multiple sclerosis (PPMS).
Approval in these indications in the USA, given in March, sent the company’s share price climbing as investors considered a potential $3 billion revenue boost for the company.
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