Zaltrap gains US approval for metastatic colorectal cancer
The US Food and Drug Administration on Friday approved French drug major Sanofi (Euronext: SAN) and US partner Regeneron Pharmaceuticals’ (Nasdaq: REGN) Zaltrap (ziv-aflibercept) injection for intravenous infusion, in combination with 5-fluorouracil, leucovorin, irinotecan (FOLFIRI), for patients with metastatic colorectal cancer (mCRC) that is resistant to or has progressed following an oxaliplatin-containing regimen.
Shares of Sanofi rose 3.7% to $41.49 in afternoon trading in the USA, while Regeneron stock edged up around 1% to $137.33 on the news.
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