Ariad to pick up $25 million from Iclusig sales after French talks

20 May 2016
ariadhuge

US-based Ariad Pharmaceuticals (NASDAQ: ARIA) will pocket $25 million in second-quarter net product revenue related to cumulative shipments of its leukemia treatment Iclusig (ponatinib) to France, following talks with the French health authorities.

Iclusig, Ariad’s first internally discovered and developed medicine, has been available to adult patients with chronic phase, accelerated phase or blast phase chronic myeloid leukemia in France since late 2012.

It has been sold in the country through a pre-licensed sales mechanism called an ATU (temporary authorization of use). This mechanism allows patient access to potential life-saving drugs prior to full pricing and reimbursement approval.

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