The Food and Drug Administration approved erdafitinib, or Balversa, from J&J’s Janssen Biotech for adult patients with locally advanced or metastatic urothelial carcinoma, or mUC, with susceptible FGFR3 genetic alterations, as determined by an FDA-approved companion diagnostic test, whose disease has progressed on or after at least one line of prior systemic therapy. “Erdafitinib is not recommended for the treatment of patients who are eligible for and have not received prior PD-1 or PD-L1 inhibitor therapy. This approval amends the indication previously granted under accelerated approval for patients with mUC with susceptible FGFR3 or FGFR2 alterations after prior platinum-containing chemotherapy,” the FDA stated.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on JNJ:
- Johnson & Johnson reports regulatory approval of Varipulse PFA platform in Japan
- Ambrx Biopharma downgraded to Market Perform from Outperform at JMP Securities
- M & A News: Johnson & Johnson (NYSE:JNJ) to Acquire Ambrx Biopharma
- J&J agrees to settle talc marketing probe for $700M, Bloomberg reports
- Johnson & Johnson to acquire Ambrx Biopharma for $2B in cash
