News

Novartis to Acquire Kidney Drug  Developer for $3.2 Billion

Agreed deal to include atrasentan, an oral endothelin A receptor antagonist (small molecule drug candidate), in Phase 3 development for IgAN, a severe chronic kidney disease (CKD).

Immunoglobulin A Nephropathy (IgAN) is a devastating disease (also known as Berger disease) mostly affecting young adults and potentially leading to dialysis or kidney transplantation.

FDA Approves First Oral Antiviral for Treatment of COVID-19 in Adults 

May 25, 2023

Today, the U.S. Food and Drug Administration approved the oral antiviral Paxlovid (nirmatrelvir tablets and ritonavir tablets, co-packaged for oral use) for the treatment of mild-to-moderate COVID-19 in adults who are at high risk for progression to severe COVID-19, including hospitalization or death. Paxlovid is the fourth drug—and first oral antiviral pill—approved by the FDA to treat COVID-19 in adults.

Paxlovid manufactured and packaged under the emergency use authorization (EUA) and distributed by the U.S. Department of Health and Human Services will continue to be available to ensure continued access for adults, as well as treatment of eligible children ages 12-18 who are not covered by today’s approval. Paxlovid is not approved or authorized for use as a pre-exposure or post-exposure prophylaxis for prevention of COVID-19.

...“While the pandemic has been challenging for all of us, we have made great progress mitigating the impact of COVID-19 on our lives,” said Patrizia Cavazzoni, M.D., director for the FDA’s Center for Drug Evaluation and Research. “Today’s approval demonstrates that Paxlovid has met the agency’s rigorous standards for safety and effectiveness, and that it remains an important treatment option for people at high risk for progression to severe COVID-19, including those with prior immunity. The FDA remains committed to working with sponsors to facilitate the development of new prevention and treatment options for COVID-19.”

INVENT Pharmaceuticals has Received US Patent on One of its Novel and First-in-Class Potential Oral Antiviral Drugs
April 25, 2023

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