Aimmune Therapeutics says the US Food and Drug Administration has approved its drug to reduce, and potentially eliminate, allergic reactions to peanuts in children aged 4 to 17.
Some 1.6 million US children aged 4 to 17 live with peanut allergies, Aimmune says, creating an opportunity for peak annual sales in excess of $US1 billion.
The FDA-approved label for Palforzia includes a warning of its potential to trigger a possibly dangerous allergic response.
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