Mirum Pharmaceuticals and Incyte Compete Regeneron with Abnormal Bone Formation Treatment
The FDA has approved Atebrioz (zilurgisertib) tablets for treating fibrodysplasia ossificans progressiva (FOP), a condition characterized by abnormal bone formation. Developed by Incyte and licensed to Mirum Pharmaceuticals, the drug showed a mean decrease of 3.2 cubic centimeters in new HO lesion volume over 24 weeks in clinical trials. Following the approval, Incyte received a Rare Pediatric Disease Priority Review Voucher, and the European Medicines Agency is currently reviewing a marketing authorization application for the drug. In premarket trading, Mirum's shares rose 2.00% to $91.49, while Incyte's shares remained unchanged at $123.89.
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