Pfizer Canada Announces LITFULO Receives Health Canada Approval, Becoming The First Approved Treatment For Severe Alopecia Areata In Canada
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Health Canada has approved Pfizer Canada's LITFULO (ritlecitinib) for the treatment of severe alopecia areata in adults and adolescents over 12 years of age. This marks the first approved treatment for this autoimmune disease in Canada, which affects approximately 2% of the global population and can lead to significant hair loss. Pfizer Canada is working on making LITFULO available in Canada as soon as possible.
December 04, 2023 | 4:05 pm
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Pfizer's LITFULO has been approved by Health Canada as the first treatment for severe alopecia areata, potentially increasing Pfizer's market presence in Canada.
The approval of LITFULO by Health Canada is a significant regulatory milestone for Pfizer, likely to have a positive impact on the company's stock in the short term. This approval opens up a new market for Pfizer in Canada and addresses an unmet medical need, which could lead to increased sales and positive investor sentiment.
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