FDA Approves First Drug for Peanut Allergy

  • FDA approves Aimmune’s therapy for use in children, teens
  • Analysts expect drug to top $1 billion in sales by 2024
Photographer: Daniel Acker/Bloomberg
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U.S. health regulators approvedBloomberg Terminal the first drug for children and teenagers with peanut allergies, marking a potential paradigm shift in treatment.

The drug, which will be sold under the brand name Palforzia, will be marketed by Aimmune Therapeutics Inc.. The therapy involves ingesting small doses of peanut protein, gradually increased over time to help desensitize patients to higher levels. The medicine is similar to oral therapies offered by some allergists; however, it is the first to be cleared by the U.S. Food and Drug Administration.