Reportedly, FDA has approved Johnson & Johnson’s (JNJ) Ponvory, as a daily oral drug to treat relapsing forms of multiple sclerosis MS. The drug is expected to launch in early April 2021, entering a market currently dominated by big names like Novartis’ Kesimpta, Roche’s Ocrevus, and Gilenya, and Biogen’s top-selling drug Tecfidera.
The FDA approved the drug, Ponvory based on study data from a two-year late-stage where Ponvory displayed higher efficacy in significantly reducing annual relapses by about 30% in comparison to Sanofi’s approved MS drug Aubagio. J&J’s Ponvory is a once-daily oral treatment, as opposed to Kesimpta, which is injected by patients at home, or even Ocrevus that is administered as an infusion in a clinic or hospital. The drug has also surpassed Aubagio at reducing fatigue among patients. The approval brings a big cause of concern for Biogen, whose Tecfidera drug patent is expiring along with increasing competition in the MS landscape.
Ponvory is also under review by the European Medicines Agency.
Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare-focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. To learn more about Johnson & Johnson (JNJ) and to continue to track its progress visit the Vista Partners Johnson & Johnson Coverage Page.
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