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FDA OKs J&J's Balversa for bladder cancer

  • Under accelerated review status, the FDA approves Johnson & Johnson (NYSE:JNJ +0.2%) unit Janssen Biotech's Balversa (erdafitinib) for the treatment of adult patients with locally advanced/metastatic bladder cancer with FGFR3 or FGFR2 mutations who have progressed during or following prior platinum-based chemotherapy.
  • Immunomedics (NASDAQ:IMMU +0.4%) will will provide detailing services per a recent agreement.
  • The agency also approved QIAGEN's (NYSE:QGEN -0.8%) companion diagnostic for use in screening appropriate patients for Balversa.

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