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Swissmedic OKs ChemoCentryx's Combo Therapy For Rare Blood Vessel Disease

MT Newswires ·  09/28 11:30

11:29 PM EDT, 09/27/2022 (MT Newswires) -- Swissmedic granted Vifor Fresenius Medical Care Renal Pharma marketing authorization for Tavneos in combination with rituximab or cyclophosphamide for the treatment of two main forms of antineutrophil cytoplasmic antibody-associated vasculitis, a rare blood vessel disease.

Tavneos was developed by ChemoCentryx (2CX.F), while the joint venture between CSL Vifor (VIFN.SW), formerly known as Vifor Pharma, and Fresenius Medical Care (FME.F) owns exclusive rights to commercialize the orally administered therapy outside the US, according to a Tuesday release.

CSL Vifor expects the commercialization of Tavneos in the coming weeks.

ChemoCentryx gained over 1%, CSL Vifor lost marginally and Fresenius Medical Care was down over 3% on Tuesday's close.

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