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Saturday, April 18, 2009

Biogen Idec wins approval for high titer production of multiple sclerosis drug

Trading Markets.com

Apr 17, 2009 (Datamonitor via COMTEX) -- -- Biogen Idec, a manufacturer of biologics, has reported that the FDA has approved the company's high titer process for the production of its multiple sclerosis drug Tysabri.

Biogen Idec has received similar approval from the European Medicines Agency for the high titer process in December 2008. The new, higher-yield process will be used to manufacture Tysabri at the company's plant in Research Triangle Park.

Tysabri, which is co-marketed with Elan, is approved in more than 40 countries. Tysabri is approved in the US for relapsing forms of multiple sclerosis and moderately-to-severely active Crohn's disease. It is approved in the EU for relapsing-remitting multiple sclerosis.

Bob Hamm, COO of Biogen Idec, said: "Developing this high titer process is another example of our world-class expertise and leadership in biologics manufacturing. We expect this new process to result in about a four-fold increase in yield."

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For full details on Biogen Idec Inc (BIIB) click here. Biogen Idec Inc (BIIB) has Short Term PowerRatings of 7.
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1 comment:

Anonymous said...

But will this reduce the cost of my treatment? Almost 10k a month is insane!