Novartis MS drug wins FDA's blessing amid scrutiny of $88k annual price

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Novartis MS drug wins FDA's blessing amid scrutiny of $88k annual price
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Novartis AG has won U.S. Food and Drug Administration approval for multiple scle...

ZURICH - Novartis AG has won U.S. Food and Drug Administration approval for multiple sclerosis drug Mayzent as the Swiss company targets patients whose disease advances from intermittent attacks to a gradually worsening condition.

Mayzent was approved for adults with relapsing forms of the disease, including clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease , the FDA said. It said the drug’s benefits were not statistically significant in patients with non-active MS. So far, however, ICER has concluded Novartis would have to price Mayzent between $680 and $1,000 per month for it be considered cost-effective.

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