Astellas Pharma, Inc.’s Izervay (avacincaptad pegol intravitreal solution) is the second drug approved in the US for geographic atrophy (GA) secondary to age-related macular degeneration (AMD) in six months, following the US Food and Drug Administration’s approval of Apellis Pharmaceuticals, Inc.’s Syfovre (pegcetacoplan injection) in February, and will test the early commercial traction that Apellis has reached.
Key Takeaways
- Astella’s Pharma’s Izervay is the second drug newly approved for geographic atrophy.
- Izervay will compete against Apellis’ Pharmaceuticals’ Syfovre, which launched in February.
- The approval of Izervay follows Astella’s acquisition of Iveric Bio in July
The two drugs are the first approved for geographic atrophy and are competing for share in the potentially multi-billion-dollar market
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