GlaxoSmithKline's Belantamab Mafodotin Receives Marketing Approval in China

Stock News
04/17

On April 17, the website of China's National Medical Products Administration (NMPA) indicated that Belantamab mafodotin, developed by GlaxoSmithKline PLC (GSK.US), has received marketing approval in China. Based on earlier priority review information, the approved indication is for use in combination with bortezomib and dexamethasone to treat adult patients with multiple myeloma who have received at least one prior therapy. Belantamab mafodotin is a BCMA-targeted antibody-drug conjugate (ADC) originally developed by Seagen, which has since been acquired by Pfizer. In December 2009, GSK entered into an agreement with Seagen to secure the rights for research, development, production, and commercialization of the drug.

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