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Opko Health

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FDA Approves Pfizer-OPKO's NGENLA™ for Pediatric Growth Hormone Deficiency and Severe Alopecia
healthcare2 years ago

FDA Approves Pfizer-OPKO's NGENLA™ for Pediatric Growth Hormone Deficiency and Severe Alopecia

The U.S. Food and Drug Administration has granted approval to Pfizer and OPKO Health's treatment for growth hormone deficiency in children. The injectable hormone therapy, known as Ngenla, will be sold under the brand name Ngenla and is intended for pediatric patients aged three years and older. The once-weekly injection will be priced at around $8,300 per month. Pfizer plans to offer benefits to reduce out-of-pocket costs and improve access to the drug, which is expected to be available in the U.S. in August. Ngenla will compete with Ascendis Pharma's once-weekly growth hormone injection, Skytrofa, which was approved by the FDA in 2021.

healthcare2 years ago

FDA Approves Pfizer-OPKO's NGENLA™ for Pediatric Growth Hormone Deficiency and Alopecia Areata

Pfizer and OPKO Health have received approval from the U.S. Food and Drug Administration for their treatment for growth hormone deficiency in children. The once-weekly injectable hormone therapy, sold under the brand name Ngenla, will be available in the U.S. in August. The approval lifted Pfizer's shares marginally and Opko Health's nearly 19% in premarket trading. Ngenla will compete with Ascendis Pharma's once-weekly growth hormone injection, Skytrofa, which was approved by the FDA in 2021.