FDA Approves Sanofi's Multiple Myeloma Drug

The U.S. Food and Drug Administration (FDA) announced that it has approved Sanofi's (NASDAQ: SNY) new drug for patients with reoccurring multiple myeloma. Sarclisa (also known as isatuximab) is a treatment that promotes tumor cell death by targeting a specific protein type found on the surface of white blood cells.

The agency approved Sarclisa to be used as a drug combo alongside Bristol-Myers Squibb's Pomalyst (also known as pomalidomide) and a steroid medication known as dexamethasone. Adult patients who have had at least two previous treatments for multiple myeloma but have had the condition return are eligible for this treatment.

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