The US Food and Drug Administration has approved Spinraza (nusinersen) under Priority Review for the treatment of spinal muscular atrophy (SMA) in pediatric and adult patients.
Spinraza is the first and only treatment approved in the US for SMA, a leading genetic cause of death in infants and toddlers that is marked by progressive, debilitating muscle weakness. The marketing clearance was effected within three months of regulatory filing.
Nusinersen was discovered by Ionis Pharmaceuticals (Nasdaq: IONS) and licensed to biotech major Biogen (Nasdaq: BIIB). Shares of Ionis, which is eligible for a $150 million milestone payment for the approval, gained 8.3% to $53.41 in after-hours trading on Friday and having risen as much as 21%, while Biogen improved 3.6% to $287.53.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze