RAGWEED POLLEN ALLERGY TREATMENT MARKET ANALYSIS

Market News

Global Ragweed Pollen Allergy Treatment Market: Key Developments

On March 17, 2022, Perrigo Company plc, an Ireland-based over-the-counter consumer goods and specialty pharmaceutical company, announced that it has received final approval from the U.S. Food and Drug Administration for the over-the-counter use of Nasonex 24hr Allergy (mometasone furoate monohydrate 50mcg) for treatment of allergic rhinitis. This approval marks the first branded Rx-to-OTC switch for the company.

On July 29, 2021, GSK plc., a U.K.-based multinational pharmaceutical and biotechnology company,  announced that the U.S. Food and Drug Administration (FDA) has approved Nucala (mepolizumab), a monoclonal antibody that targets interleukin-5 (IL-5), as a treatment for patients with chronic rhinosinusitis with nasal polyps (CRSwNP). This new indication for mepolizumab is for the add-on maintenance treatment of CRSwNP in adult patients 18 years of age and older with inadequate response to nasal corticosteroids.

On February 5, 2020, Xencor, a U.S.-based clinical-stage biopharmaceutical company developing engineered monoclonal antibodies for the treatment of cancer and autoimmune diseases, announced it has granted an exclusive worldwide license to develop and commercialize the investigational humanized monoclonal antibody XmAb 7195 to Aimmune Therapeutics, a U.K. based biopharmaceutical company. XmAb7195, which has been renamed AIMab7195, was originally developed by Xencor for the treatment of allergic asthma. It uses three distinct mechanisms of action to reduce blood serum IgE and suppress IgE-producing cells.