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Biotech / Medical : NKTR Drug delivery Company
NKTR 59.32+2.3%3:59 PM EST

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From: zax5/14/2009 10:46:18 AM
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Cimzia Approved for RA!!!

Next stop, the BANK.

9:49AM Nektar Therapeutics announces UCB's Cimzia approved by U.S. FDA for adult patients suffering from moderate to severe Rheumatoid Arthritis (NKTR) 5.60 +0.45 : Co confirms UCB's announcement that the US Food and Drug Administration (FDA) has approved Cimzia (certolizumab pegol), the only PEGylated anti-TNFa (Tumor Necrosis Factor alpha), for the treatment of adult patients with moderately to severely active rheumatoid arthritis. Under the terms of the agreement between Nektar and UCB, Nektar receives manufacturing revenues during research, clinical development, and commercialization of Cimzia. Nektar also receives royalties on end product sales.
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