Johnson & Johnson Just Got a Big FDA Win
The company's autoimmune drug was approved for the treatment of a rare blood disease.
Overview
Healthcare giant Johnson & Johnson (NYSE: JNJ) racked up another win this week from the U.S. Food and Drug Administration.
The regulator approved JNJ's drug Imaavy to treat patients 12 and older who have a rare life-threatening condition called warm autoimmune hemolytic anemia (wAIHA), in which autoantibodies attack red blood cells, leading to severe anemia and fatigue. Between one and three new people per 100,000 are affected by wAIHA each year, and about 1 in 8,000 people live with the condition, according to JNJ.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.