API and IP Newsletter
Contents FDA approvals in September 2022 General information Advaxis enters merger deal with biotech firm Ayala Drugs Should Be Priced Based On One Factor – Value Intellectual Property FDA approvals in September 2022 On 29 September 2022 FDA approved RELYVRIO. A new treatment for amyotrophic lateral sclerosis, or ALS. It is developed by Amylyx Pharmaceuticals. This oral medication can be taken as a standalone therapy or with other treatments, according to the company, and it has been shown to slow disease progression. But there’s still some uncertainty about the drug’s efficacy. Amylyx’s submission for approval is based on data from a small Phase 2 trial, and the FDA’s own advisory committee initially voted this spring that the data didn’t show that the drug was effective, before changing its opinion this month. A larger Phase 3 study is still underway. As per the press release, the 28-day prescription of RELYVRIO will be priced at $12,504, about $158,000 per year before in