logo
  

Travere Therapeutics Says European Commission Approved Filspari To Treat IgA Nephropathy

Travere Therapeutics, Inc., (TVTX) and CSL Vifor Wednesday said the European Commission has granted conditional marketing authorization for Filspari for the treatment of adults with primary IgA nephropathy (IgAN), a rare kidney disorder.

The European Commission's decision follows positive opinion of the Committee for Medicinal Products for Human Use (CHMP) in February this year, based on results from the Phase 3 PROTECT Study of Filspari in IgAN.

CSL Vifor, which possesses exclusive commercialization rights for Filspari in Europe, Australia and New Zealand, expects to launch the drug in the second half of 2024.

In February last year, Filspari was granted accelerated approval by the US Food and Drug Administration to reduce proteinuria in adults with IgAN.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
French financial services provider Societe Generale S.A. reported Friday that its first-quarter net profit declined from last year amid nearly stable net revenues. Gross operating income, however, increased from the prior year. In Paris, Societe Generale shares were gaining around 4.4 percent in the morning trading. The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has warned against San Antonio Packing Co.'s raw pork chorizo products. A public health alert has been issued as the products may be contaminated with a foreign material, specifically hard plastic and metal. Hazleton, Pennsylvania -based Cargill Meat Solutions is recalling around 16,243 pounds of raw ground beef products that may be contaminated with E. coli O157:H7, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The raw ground beef items were produced on April 26-27, and shipped to Walmart retail locations across the United States.

All eyes were on the U.S. Federal Reserve this week as the bank announced its latest policy decision. Find out the signals given out by Chair Jerome Powell regarding the future path of interest rates. Some key data on the U.S. private sector economy were also released. Other main news included the flash estimates of first quarter GDP from Eurozone. Elsewhere, the Paris-based think tank OECD released its latest round of macroeconomic projections for the global economy.

View More Videos
Follow RTT