XM does not provide services to residents of the United States of America.

US FDA approves Eli Lilly's drug for eczema



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 2-US FDA approves Eli Lilly's drug for eczema</title></head><body>

Adds details on disease in paragraph 3, patient population in paragraph 6, other treatments in paragraphs 7-8, details on drug in paragraphs 8-9

Sept 13 (Reuters) -Eli Lilly LLY.N said on Friday the U.S. Food and Drug Administration approved its eczema drug for use in adults and children above 12 years old.

The drug, which is an injectable medicine and branded Ebglyss, will be available in the next few weeks, the company said.

Eczema, also known as atopic dermatitis, is an inflammatory skin condition that can cause itching, rashes and dry patches.

The FDA's approval was based on three studies involving over 1,000 patients with moderate-to-severe eczema who were unable to control their symptoms with topical medicines or other systemic treatments, Eli Lilly said.

Last year, the regulator had declined to approve the drug due to certain findings during an inspection of a contract manufacturer.

Nearly 16.5 million adults in the U.S. have eczema, according to the National Eczema Association.

Eczema has multiple treatments available, including AbbVie's ABBV.N Rinvoq, Pfizer's PFE.N Cibinqo, Sanofi SASY.PA and Regeneron's REGN.O Dupixent as well as some generic drugs such as cetirizine.

Unlike Dupixent, which has to be dosed twice a month for adults, Ebglyss can be dosed once-monthly, which is "viewed as attractive by experts and likely also patients," Jefferies analyst Lucy Codrington wrote in a note last year.

The drug is already approved for use in Europe and Japan, with additional markets expected later this year, the company said.

Ebglyss is a monoclonal antibody that selectively targets and neutralizes the IL-13 protein that causes progression of eczema.



Reporting by Puyaan Singh in Bengaluru; Editing by Krishna Chandra Eluri

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.