Eli Lilly and Company LLY announced that the European Medicines Agency's Committee for Medicinal Products for Human Use (“CHMP”) has given a positive opinion recommending approval of its BTK inhibitor, Jaypirca (pirtobrutinib), for treating relapsed or refractory chronic lymphocytic leukemia (CLL) in patients who have been previously treated with a BTK inhibitor in the European Union. The approval was based on data from the phase III BRUIN CLL-321 study.
The European Commission is expected to give its decision in a couple of months. Jaypirca is already approved in the EU on a conditional basis for the treatment of adult patients with relapsed or refractory mantle cell lymphoma (MCL) who have been previously treated with a BTK inhibitor.
Lilly’s shares have risen 16.2% in the past year against a decline of 0.9% for the industry.
Image Source: Zacks Investment Research
Jaypirca was approved in the United States for treating CLL or small lymphocytic lymphoma in patients who have received at least two lines of therapy, including a BTK inhibitor and a BCL-2 inhibitor in December 2023. It was approved for the MCL indication in the United States in January 2023.
Jaypirca is one of Lilly’s several new drugs that have contributed to top-line growth in 2024. It recorded $337.0 million in sales in 2024. The drug is also being studied in earlier lines of therapy to enable broader use for the approved indications of CLL and MCL.
Some BTK inhibitors available in the market for CLL are AbbVie ABBV and J&J’s JNJ Imbruvica, AstraZeneca’s AZN Calquence or BeiGene’s Brukinsa. In the last few quarters, sales of AbbVie/JNJ’s Imbruvica have been declining steadily amid rising competition from Brukinsa and AstraZeneca’s Calquence, all of which are approved by the FDA to treat similar indications. None of these drugs are approved for relapsed or refractory CLL in the post-BTK inhibitor setting.
Eli Lilly currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Eli Lilly and Company price-consensus-chart | Eli Lilly and Company Quote
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AstraZeneca PLC (AZN) : Free Stock Analysis Report
Johnson & Johnson (JNJ) : Free Stock Analysis Report
Eli Lilly and Company (LLY) : Free Stock Analysis Report
AbbVie Inc. (ABBV) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。