Adam Feurestein Reminds Twitter Followers 'Today Is Merck's HepC elbasvir/grazoprevir PDUFA'

Loading...
Loading...
The Street's biotechnology and drug stock expert, Adam Feuerstein, reminded his Twitter followers of an important event with the healthcare space.
On November 14, 2015,
Merck & Co., Inc.MRKreported
Phase 3 results of an invitational Elbasvir/Grazoprevir in People with Chronic Hepatitis C Genotypes 1, 4 or 6 Infection Who Inject Drugs and Are on Opioid Agonist Therapy. Elbasvir/grazoprevir is Merck's investigational, once-daily, fixed-dose combination therapy containing elbasvir and grazoprevir. Merck stated that 95 percent of patients who were treated with elbasvir/grazoprevir for 12 weeks in the pre-specified primary efficacy analysis population achieved sustained virologic response 12 weeks after the completion of treatment. "Injection drug use is a major factor fueling the global hepatitis C crisis, yet people with chronic hepatitis C virus infection who inject drugs often remain overlooked and underserved," Dr. Ronald Nahass, president, ID CARE, New Jersey said on November 14. "Patients in this study with chronic hepatitis C virus infection on opioid agonist therapy, including many who continued to use drugs during the trial, were able to complete treatment with elbasvir/grazoprevir and achieve high virologic cure rates." The FDA granted a Breakthrough Designation for elbasvir/grazoprevi in April 2015. In July, the FDA granted Priority Review for the New Drug Application with a Prescription Drug User Fee Act (PDUFA) action date scheduled for January 28.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsHealth CareFDAGeneralAdam FeuersteinElbasviGrazoprevirmerckPrescription Drug User Fee ActRonald NahassThe Street
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...