argenx Announces European Commission Approval of Subcutaneous VYVGART (Efgartigimod Alfa) for Generalized Myasthenia Gravis
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argenx SE announced that the European Commission approved its product VYVGART (efgartigimod alfa) for subcutaneous use as an add-on treatment for generalized myasthenia gravis in adults. This approval follows the previous sanction for intravenous use and extends the product's availability in the EU and additional European countries. argenx will collaborate with health authorities to ensure patient access in these regions.
November 16, 2023 | 12:41 pm
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argenx SE received European Commission approval for subcutaneous VYVGART for myasthenia gravis, potentially increasing the drug's market and revenue in Europe.
The approval of VYVGART for subcutaneous use by the European Commission is a significant regulatory milestone for argenx, likely to increase the drug's market penetration and revenue potential in Europe. This could positively impact investor sentiment and the stock price in the short term, as the market often reacts favorably to expanded treatment approvals.
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