AstraZeneca wins FDA approval for immunotherapy drug

The Food and Drug Administration approved AstraZencea’s immunotherapy drug, Imfinzi, as a treatment for bladder cancer.

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Imfinzi may be used to treat patients with advanced cancer bladder whose illness has advanced despite chemotherapy. The average wholesale acquisition price for the drug is about $15,000 a month, according to AstraZeneca.

While this decision marks the first approved use for the immunotherapy drug, AstraZeneca is also exploring Imfinzi’s efficacy to treat lung cancer.

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