Ipsen Gets FDA Advisers’ Backing for Rare Bone Disease Drug

  • Ipsen shares rise on improved prospect for US approval
  • FDA had asked drugmaker for additional data last year
Lock
This article is for subscribers only.

Ipsen SA’s drug for a rare bone disease got support from a panel of US drug regulatory advisers, moving the first treatment for the condition closer to approval.

Advisers to the Food and Drug Administration voted 11-3 Wednesday that the benefits of the treatment, palovarotene, outweigh its risks. The FDA isn’t required to follow the recommendations of its advisers, but frequently does.