MedCity News June 9, 2024
Geron Corporation’s Rytelo is now FDA approved for treating anemia caused by myelodysplastic syndromes. The new drug will compete against Reblozyl, a blockbuster Bristol Myers Squibb medicine.
The FDA has approved a Geron Corporation treatment for anemia stemming from a particular type of blood cancer, giving the company its first commercialized product and the opportunity to compete against a blockbuster Bristol Myers Squibb drug.
The Geron drug, imetelstat, is approved to treat adults with low- to intermediate-risk myelodysplastic syndromes. The regulatory decision comes three months after an FDA advisory committee voted that the benefits of the drug outweigh its risks. Foster City, California-based Geron will commercialize its new drug under the brand name Rytelo.
Myelodysplastic syndromes (MDS) are a group...