Just a day after European approval, Albireo Pharma Inc (NASDAQ:ALBO) has received FDA approval for Bylvay (odevixibat), the first drug approved to treat…
– Only once-daily drug indicated for the treatment of pruritus in PFIC –
– Commercial launch of Bylvay immediate; available for prescription in the coming days –
– Rare Pediatric
The European Commission (EC) has approved Albireo Pharma Inc’s (NASDAQ:ALBO) Bylvay (odevixibat) for all subtypes of progressive familial intrahepatic cholestasis (PFIC). …
Biotech stocks were down for a second week in a row, as they retreated along with the broader market amid macro concerns. Consumer price inflation data released during the week stoked rate hike fears, and exerted negative pressure on stocks.
There were very few stock-specific catalysts, barring a few preannouncements, stock offerings, and a slew of initial public offerings.
June was a month of plenty and also turned out to be a fruitful one from the perspective of Food and Drug Administration approvals. Regulatory reviews mostly produced positive verdicts, and rejections or no-decisions were few and far between.
Albireo Pharma Inc (NASDAQ:ALBO) has announced pooled analysis from Phase 3 PEDFIC studies with Bylvay (odevixibat) and advancement in the characterization…