Everest Medicines Announces New Drug Application Approval of VELSIPITY® for Adults with Moderately to Severely Active Ulcerative Colitis in Macau [Yahoo! Finance]
Pfizer, Inc. (PFE)
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Source: Yahoo! Finance
discovery, development, manufacturing and commercialization of innovative medicines and vaccines, announced today that the Pharmaceutical Administration Bureau of the Macau Special Administrative Region, China has approved the New Drug Application (NDA) for VELSIPITY ® (etrasimod) for the treatment of adult patients with moderately to severely active ulcerative colitis (UC). It marks the first approval of VELSIPITY ® in Everest territories. VELSIPITY ® is an effective and convenient, once-daily, oral treatment for patients with moderately to severely active UC that has already been approved in the U.S. and E.U., by Everest's licensing partner, Pfizer. VELSIPITY ® is the first and only advanced oral UC therapy approved for use in patients 16 years of age or older in the EU. "We are delighted that the VELSIPITY ® NDA submission has been approved in Macau China ," said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. "Autoimmune disease is a core focus and a significa
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