Johnson & Johnson's Rybrevant Scores Third FDA-Approval Of 2024 For Certain Type Of Inoperable Lung Cancer In Pretreated Patients
Portfolio Pulse from Vandana Singh
Johnson & Johnson's Rybrevant receives its third FDA approval in 2024 for treating a specific type of inoperable lung cancer. The approval is based on a study showing significant improvement in progression-free survival when combined with chemotherapy.
September 20, 2024 | 5:29 pm
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Johnson & Johnson's Rybrevant has received its third FDA approval in 2024 for treating certain types of inoperable lung cancer. This approval is based on a study showing a 52% reduction in disease progression risk when combined with chemotherapy.
The FDA approval of Rybrevant for a new indication is a positive development for Johnson & Johnson, as it expands the drug's market potential and demonstrates its efficacy. The study results showing a significant reduction in disease progression risk and improved response rates are likely to boost investor confidence and potentially lead to an increase in stock price.
CONFIDENCE 95
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