FDA approves Sanofi, Regeneron’s arthritis drug

The Food and Drug Administration on Monday approved Sanofi and Regeneron Pharmaceutical’s biologic drug Kevzara.

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Kevzara is intended to treat patients with moderate to severe rheumatoid arthritis who do not respond to other treatments. The drug is administered via a subcutaneous injection once every two weeks.

Kevzara will cost $39,000 annually for the 150 milligram and 200 milligram doses. Sanofi and Regneron said this figure marks a 30 percent decrease from the cost of two the rival drugs on the market.

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