Novartis has received approval from the U.S. Food and Drug Administration for it...
FILE PHOTO: Logo of Swiss drugmaker Novartis is seen at its branch in Schweizerhalle near Basel, Switzerland, March 29, 2018. REUTERS/Arnd Wiegmann
Beovu injections are used to treat wet age-related macular degeneration, a condition which can eventually lead to blindness and affects around 20 million people worldwide, the company said. In a highly competitive market Beovu will compete with Lucentis, Bayer’s Eylea and a new product that Novartis rival Roche has under development.
Frequent injections are a major reason why patients stop treating the condition, which is caused by abnormal blood vessels forming in the eye and leaking fluid, damaging part of the retina.
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