EC approves Oxbryta for hemolytic anemia in patients with sickle cell disease
The European Commission (EC) has granted Marketing Authorization for Oxbryta (voxelotor), from Global Blood Therapeutics (Nasdaq: GBT), for the treatment of hemolytic anemia due to sickle cell disease (SCD) in adult and pediatric patients 12 years of age and older as monotherapy or in combination with hydroxycarbamide (hydroxyurea).
Oxbryta, a once-daily, oral treatment, is the first medicine approved in Europe that directly inhibits sickle hemoglobin (HbS) polymerization, the molecular basis of sickling and destruction of red blood cells in SCD. The company’s shares edged up 1.9% to $32.60 on the news.
The drug was approved for this indication by the US Food and Drug Administration in December last year. Cantor Fitzgerald analyst Alethia Young has previously forecast US sales of the drug could reach $2.2 billion by 2027.
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