Novartis' Cosentyx set to rake in blockbuster sales after latest FDA ok
The US Food and Drug Administration’s recent approval of Novartis’ (VTX: NOVN) Cosentyx (secukinumab) to treat ankylosing spondylitis (AS) and psoriatic arthritis (PsA), will drive the drug to blockbuster status, according to GlobalData.
Cosentyx is now approved for three approved indications in the US and Europe.
The drug was first approved for psoriasis in January 2015, and is currently in global Phase III development for axial spondyloarthritis, a complication of AS causing fusion of the joints in the spine. Alexandra Annis, GlobalData’s analyst says the latest approval will bring new treatment options to US patients.
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