Hengrui Pharmaceutical Secures NMPA Approval for JAK1 Inhibitor Ivarmacitinib in Severe Alopecia Areata
- Hengrui Pharmaceutical received NMPA approval for Ivarmacitinib Sulfate Tablets, a second-generation JAK1 inhibitor, for treating severe alopecia areata in China.
- Phase III clinical trials demonstrated a 40% response rate at 24 weeks compared to 9% for placebo, representing a significant therapeutic advancement for patients with this autoimmune condition.
- The drug is already approved in China for multiple autoimmune conditions and has secured a $223 million licensing deal with Arcutis for North American and European markets.
- Hengrui reported 21.78% year-over-year revenue growth to ¥13.6 billion in 2024, with innovative drug sales surging 33.25%.
Guangdong Hengrui Pharmaceutical Co., Ltd
Posted 11/24/2024
Guangdong Hengrui Pharmaceutical Co., Ltd
Posted 4/28/2024