FDA approves AbbVie's $59K rheumatoid arthritis drug

The FDA has approved Rinvoq, a once-daily oral pill for the treatment of moderate to severe rheumatoid arthritis. 

AbbVie, the maker of Rinvoq, plans to launch the product in the U.S. in late August with a price tag of $59,000 per year, according to Reuters.

Rinvoq belongs to a class of medications known as JAK inhibitors that block enzymes that cause inflammation.

The FDA approval comes as a big boost for AbbVie, which is facing generic competition for its older blockbuster rheumatoid arthritis treatment Humira. 

More articles on pharmacy:
CMS to cover CAR-T therapy nationwide
Colombia fines Pfizer $25K for drug price inflation
Jefferson Healthcare opens retail specialty pharmacy

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months