Amgen, FDA Friday, August 23, 2024 0.00 Neutral

FDA Approves PAVBLU — Amgen, Inc

# FDA Approves Amgen's PAVBLU, First Biosimilar Aflibercept for Retinal Disease Treatment Amgen announced FDA approval of PAVBLU (aflibercept-ayyh), the first biosimilar to Regeneron's Eylea, potentially disrupting the lucrative retinal disease market and offering competitive pricing pressure on the anti-VEGF therapy category. The intravitreal injection's entry could reshape treatment economics for conditions like wet age-related macular degeneration and diabetic retinal edema, which generate billions in annual revenue globally

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

Get real-time financial news in your trading bot or app

GET FREE KEY — 10,000 calls/day