After more than a decade of changing hands multiple times, GSK plc’s Ojjaara (momelotinib) has finally won US Food and Drug Administration approval for myelofibrosis in patients with anemia, providing the British drug maker with a new hematology-oncology revenue stream amid its recent setbacks in the space. GSK shelled out nearly $2bn to acquire Ojjaara’s previous developer, Sierra Oncology, purchasing a drug for which analysts have forecast peak sales in the hundreds of millions of dollars.
GSK’s Ojjaara Scores Myelofibrosis Nod After Round-The-World Journey
The US FDA approved the JAK inhibitor momelotinib for myelofibrosis with anemia, with an analyst forecasting peak sales of more than $425m.
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Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.
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