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Bristol-Myers Squibb gets thumbs up for Orencia
Bristol-Myers Squibb gets thumbs up for Orencia
Date published:
03/01/2006
Bristol-Myers Squibb Company has announced that the US Food
and Drug Administration (FDA) has approved Orencia (abatacept).
The
treatment for rheumatoid arthritis (RA) was found to reduce the signs and
symptoms of the disease, slowing the progression of structural damage and
improving physical function in adult patients with moderately to severely
active RA, who had an inadequate response to one or more disease-modifying
anti-rheumatic drugs.
Bristol-Myers Squibb chief executive officer
Peter Dolan said: "Bristol-Myers Squibb is committed to discovering and
developing innovative medications that address areas of significant unmet need.
"There is clearly a need for more therapies for rheumatoid arthritis,
and Orencia has the potential to help many people with this serious disease.
Orencia is our first internally-discovered biologic and it further diversifies
our pharmaceutical portfolio."
The drug will be in initially available
for commercial use by the end of February, but to meet long-term demand an
application to the FDA for a third-party manufacturing facility will be
submitted.
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