FDA OKs expanded use of Amgen's bone drug: 4 things to know

Amgen on Friday earned expanded FDA approval for its drug Xgeva, reports Reuters.

Here are four things to know.

1. Xgeva is already approved to treat hypercalcemia and giant cell tumor of the bone, and prevent skeletal-related events in patients with bone cancers.

2. Now, the drug may also be used to prevent bone fractures in patients with multiple myeloma.

3. Amgen reacquired the rights to Xgeva in 2015 through a deal with GlaxoSmithKline.

4. The drug generated $1.53 billion in sales for Amgen in 2016.

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