Ruling on cheaper AMD drug angers Bayer
German pharma major Bayer (BAYN: DE) has hit out at a UK court’s judgement that it is potentially lawful to offer patients bevacizumab injections for the treatment of wet age-related macular degeneration (wet AMD).
Bevacizumab, a cancer drug marketed by the Swiss pharma major Roche (ROG: SIX) under the brand name Avastin, is not manufactured or licensed for use in the eye, but it has been prescribed off-label to treat macular degeneration, and related conditions, owing to its ability to prevent the blood vessel growth responsible for these disorders.
"Bayer believes the ruling is a setback for public health"
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