Medscape August 7, 2024
(Reuters) -The U.S. Food and Drug Administration has approved the use of Novartis’ drug to reduce excess protein in the urine of patients with a type of kidney disease, the health regulator’s website showed on Wednesday.
The drug, Fabhalta, is already approved to treat adults with paroxysmal nocturnal hemoglobinuria, a rare blood disorder.
With the expanded approval, Novartis’ drug entered the IgA nephropathy (IgAN) market and will compete with Swedish drugmaker Calliditas’ Tarpeyo and Travere Therapeutics’ Filspari.
IgAN — which mostly affects young adults — occurs when clumps of antibodies are deposited in kidneys, causing inflammation that damages their tiny filtering units.
Guggenheim analyst Vamil Divan sees the IgAN market valuing at $10 billion over time as more treatments come...