FDA Approves New Drug for Rare Blood Cancer

The US FDA has approved Takeda and Protagonist Therapeutics' new drug to treat polycythemia vera, a rare blood cancer. The treatment offers a less-invasive alternative to frequent bloodletting procedures for thousands of patients.

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A Takeda logo is seen in its research hub in Cambridge, Massachusetts, U.S., November 26, 2018. Picture taken November 26, 2018. REUTERS/Julie Steenhuysen

TAKEDA PHARMACEUTICAL CO LTD and PROTAGONIST THERAPEUTICS INC secured United States health regulator approval for rusfertide, a first-of-its-kind treatment for a rare blood cancer. The drug brings a less-invasive option for patients in the United States who have relied on frequent bloodletting procedures. The therapy targets polycythemia vera, a slow-growing cancer affecting 90,000 Americans that causes bone marrow to overproduce red blood cells.

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