Eli Lilly: FDA approves its treatment for ulcerative colitis – 10/27/2023 at 2:41 p.m.


(AOF) – Eli Lilly and Company announced today that the Food and Drug Administration (FDA) has approved Omvo (mirikizumab-mrkz) infusion for the treatment of moderately to severely active ulcerative colitis (UC) in men. ‘adult. Lilly’s first approved treatment for a type of inflammatory bowel disease Omvo is likely to relieve three key symptoms: bowel frequency, rectal bleeding and bowel urgency.

AOF – LEARN MORE

Learn more about the Pharmacy sector

Biotechs put to the test

These companies are suffering from a much less favorable economic cycle, which is reflected in particular by a drop in venture capital financing of start-ups. These companies are therefore obliged to carry out layoff plans. Added to this is a much more restrictive regulatory framework. First, in the United States, measures linked to the Inflation Reduction Act (IRA) could have a strong impact on the margins of stakeholders. Indeed, from 2026, the federal Medicare program will be able to renegotiate the price of drugs marketed for nine years (chemical) or 13 years (biological), with discounts that could range from 35 to 60% for biotechs. Likewise, in Europe, with the new drug regulations presented in Brussels in April, the duration of patent protection will be reduced if the innovative treatment is not marketed in all member countries within two years.



Source link -86