bullish
Pharmaessentia Corp (6446 TT): First In-House Drug Approval in the U.S., More to Follow
586 Views25 Nov 2021 23:29
SUMMARY
- Pharmaessentia Corp (6446 TT) received FDA approval for its rare cancer drug, BESREMi, which has superior clinical efficacy over the existing standard of care.
- The drug has already been approved in 17 countries in EU, Taiwan, and South Korea. It is also being developed for several other indications, with license expected in next year.
- BESREMi’s continued success in the EU markets since its launch in 2019 has enhanced my conviction on the commercial accomplishment of BESREMi in the U.S.
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Tina Banerjee
Global Healthcare Analyst
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