CHMP Adopted Positive Opinion For Janssen 's Eurneffy (Epinephrine), The First Emergency Treatment Against Allergic Reactions That Is Administered As A Nasal Spray
Portfolio Pulse from Benzinga Newsdesk
The Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion for Janssen's Eurneffy (Epinephrine), the first emergency treatment for allergic reactions administered as a nasal spray.
June 28, 2024 | 10:55 am
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POSITIVE IMPACT
The CHMP's positive opinion on Janssen's Eurneffy (Epinephrine) is a significant regulatory milestone, potentially boosting Johnson & Johnson's product portfolio and market position in emergency treatments.
The positive opinion from CHMP is a critical regulatory step that could lead to market approval in Europe, enhancing JNJ's product offerings and potentially increasing revenue from the new treatment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The positive opinion for Janssen's Eurneffy (Epinephrine) by CHMP could positively impact the Vanguard FTSE Europe ETF (VGK) as it includes European pharmaceutical companies that may benefit from new treatments entering the market.
VGK includes European pharmaceutical companies that could see a positive impact from new treatments like Eurneffy entering the market, potentially boosting the ETF's performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50