Colorado, USA-based biotech firm Array BioPharma (Nasdaq: ARRY) has been granted approval from the US regulator to market Braftovi (encorafenib) in combination with Mektovi (binimetinib) for certain metastatic melanoma patients.
Analysts had been confident of approval after the firm released a batch of positive data earlier this year, showing the combo almost doubles survival in BRAF-positive melanoma compared to the Roche (ROG:SIX) therapy Zelboraf (vemurafenib).
Array, which acquired the compounds from Switzerland's Novartis (NOVN: VX), was forced to take on a European development partner in order to fulfil competition requirements in Europe.
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