(Reuters) -The U.S. Food and Drug Administration has approved Sanofi’s drug to treat a type of blood disorder, the company said on Friday, in a sign that the French drugmaker’s $3.7 billion bet on the treatment could start to pay off.
The approval aids the company’s broader push to become a power house of rare disease and immunology drugs, as it looks to drive growth beyond its top-selling eczema treatment, Dupixent, on which it partners with Regeneron Pharmaceuticals.
Sanofi received access to the oral drug, rilzabrutinib, through its deal for Principia Biopharma in 2020. Leerink analysts expect the treatment to bring in peak sales of $2 billion to $5 billion.
Rilzabrutinib, to be sold under the brand name Wayrilz, received approval for use in adult patients with the condition known as persistent or chronic immune thrombocytopenia (ITP) who have stopped responding to prior treatments.
(Reporting by Bhanvi Satija, Puyaan Singh and Sriparna Roy in Bengaluru; Editing by Shilpi Majumdar and Maju Samuel)
Comments