Celgene Wins U.S. Approval for Psoriatic Arthritis Pill
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Celgene Corp., the maker of the cancer drug Revlimid, won U.S. approval of a pill to treat psoriatic arthritis that may challenge injections that are among the best-selling drugs on the market.
The medicine, called Otezla, was cleared to treat arthritis associated with the skin condition psoriasis, the Food and Drug Administration said today in a statement, giving the company its first victory in its effort to sell the drug for a handful of other inflammatory diseases. The painful joint condition occurs in about 30 percent of the 125 million people worldwide who have psoriasis, according to Summit, New Jersey-based Celgene.