Expanded use of Lucentis approved in EU
The European Commission has granted an additional indication for Lucentis(ranibizumab) to treat patients with visual impairment due to choroidal neovascularization (CNV) associated with causes other than neovascular age-related macular degeneration (nAMD), or secondary to pathologic myopia (PM).
According to Swiss pharma giant Novartis (NOVN: VX), which markets the drug in Europe and other non-US countries, with this approval, Lucentis the first retinal treatment approved for these conditions, addressing an important unmet medical need. In its current indications, Lucentis generated sales of $2.06 billion for the company in 2015.
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