Baxalta gets EU marketing authorization for its Oncaspar to treat rare blood cancer
Baxalta Inc (NYSE: BXLT) said it the European Commission has granted marketing authorization for use of Oncaspar (pegaspargase) as a combination therapy in acute lymphoblastic leukemia (ALL).
Following the approval, Baxalta is authorized to market Oncaspar in the 28 member countries of the European Union, as well as Iceland, Liechtenstein and Norway. The drug is already licensed for marketing in Argentina, Belarus, Germany, Kazakhstan, Poland, Russia, Ukraine and the USA.
Baxalta’s former parent company Baxter acquired rights to the Oncaspar product portfolio from Italy-based Sigma-Tau Finanziaria under a $900 million deal (The Pharma Letter May 13, 2015).
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