ZURICH – Roche said on Tuesday that European regulators approved its drug Gazyvaro, or obinutuzumab, for patients with chronic lymphocytic leukemia, boosting the Swiss group’s line-up of new cancer treatments.
The new medicine is an improved follow-on medicine to the Swiss drugmaker’s $7 billion-a-year Rituxan, or MabThera, and Roche is hoping to switch as many patients as possible to the newer product before Rituxan faces competition from cheaper copies.[eap_ad_2]
The move endorses a favorable recommendation in May from the European Medicine Agency’s Committee for Medicinal Products for Human Use (CHMP), which are normally followed by the European Commission. (Reuters)[eap_ad_3]