Sobi updates outlook after Alprolix wins CHMP backing

1 March 2016

Swedish rare disease specialist Swedish Orphan Biovitrum (STO: SOBI) has upgraded its financial outlook for 2016 after receiving positive feedback on hemophilia B drug Alprolix (coagulation Factor IX [Recombinant], Fc fusion protein).

The European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has backed Alprolix for marketing authorization and Sobi anticipates the European Commission will grant it later this year.

As a result, the company now expects total revenues for the full year to be in the range of 4,800 million to 5,000 million Swedish kroner ($556.36 million to $579.54 million).

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK