Amgen Seeks EMA Approval For Teprotumumab In Moderate To Severe Thyroid Eye Disease
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Amgen (NASDAQ:AMGN) has announced plans to submit a Marketing Authorization Application to the European Medicines Agency for teprotumumab, aimed at treating moderate to severe Thyroid Eye Disease (TED) in adults. If approved, teprotumumab would be the first medicine for TED in the EU, offering a non-surgical treatment option that addresses both symptoms and the disease's underlying cause.
April 26, 2024 | 1:02 pm
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Amgen's submission for EMA approval of teprotumumab could significantly impact its market position in Europe by offering the first non-surgical treatment for Thyroid Eye Disease.
The submission of teprotumumab for EMA approval positions Amgen as a pioneer in TED treatment in Europe. Approval would not only enhance Amgen's product portfolio but also its reputation in providing innovative healthcare solutions. The potential market exclusivity for being the first of its kind could lead to increased sales and market share in the region, positively impacting AMGN's stock in the short term.
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