Nucala Approved In China For Use In Severe Asthma
Portfolio Pulse from Charles Gross
GSK plc (NYSE:GSK) announced that Nucala, its treatment for severe eosinophilic asthma, has been approved by the China National Medical Products Administration for use in adults and adolescents aged 12 and older. This marks the first approval in China for an anti-Interleukin-5 (IL-5) therapy for this patient group.
January 10, 2024 | 9:57 am
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GSK's Nucala has been approved in China for severe eosinophilic asthma, potentially expanding the drug's market and increasing revenue from the Chinese market.
The approval of Nucala in China is a significant development for GSK, as it opens up a new market for the drug. Given that this is the first anti-IL-5 therapy approved for this condition in China, it could lead to a competitive advantage and an increase in sales. This news is likely to be viewed positively by investors and could have a favorable impact on GSK's stock price in the short term.
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