The U.S. Food and Drug Administration (FDA) on Wednesday approved Novartis AG`s keenly anticipated leukemia treatment, marking the first gene therapy approval in the United States.
The drug, Kymriah, was approved for patients up to 25 years of age suffering from B-cell acute lymphoblastic leukemia (ALL), who have relapsed or failed chemotherapy. (http://bit.ly/2grlPdB)
Kymriah belongs to a class of drugs called chimeric antigen receptor T-cell or CAR-T therapies, which harness the body`s own immune cells to recognize and attack malignant cells.
Novartis is competing with Kite Pharma Inc, Juno Therapeutics Inc and Bluebird Bio Inc in the emerging lucrative field.
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