The first drug of its kind was just approved, and it could signal a massive change for pharmaceuticals
Mar 6, 2015, 22:03 IST
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The drug contains the same active ingredient as Neupogen, or filgrastim, which logged 2014 worldwide sales of $1.2 billion for manufacturer Amgen.
The Food and Drug Administration (FDA) said it approved Zarxio for treating the same five conditions for which Neupogen is used.
The move had been expected after Zarxio, which is made by Novartis' generics unit Sandoz, won unanimous backing from an FDA panel in January.
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(Reporting by Ben Hirschler. Editing by Jane Merriman)