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Thursday, 27 January 2022
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Roche's $2 billion bet arrives

Posted 9 December 2021 AM

Roche's targeted oncology drug Gavreto has made its first regulatory appearance in Australia with the TGA offering the company the provisional approval pathway for three potential indications.

The Swiss pharma giant inked a deal worth up to US$1.7 billion (AUD $2.38 billion) with drugs developer Blueprint Medicines in mid-2020, taking a bet to commercialise the drug, previously known as pralsetinib, in countries outside the US.

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