Outlook nabs NICE nod in wet AMD

5 December 2024

US biopharma Outlook Therapeutics (Nasdaq: OTLK) achieved regulatory approval in the European Union and the UK earlier this year for Lytenava (bevacizumab gamma), the first ophthalmic formulation of bevacizumab authorized for the treatment of wet age-related macular degeneration (wet AMD) in adults.

Now, the UK’s National Institute for Health and Care Excellence (NICE) has recommended Lytenava as an option for the treatment of wet AMD. The product has an initial 10 years of market exclusivity.

NICE’s recommendation applies to England and Wales.

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