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Everest Approved to Launch Nefecon in China for Rare Kidney Disease

publication date: Nov 29, 2023

Shanghai Everest Medicines was approved for a China launch of Nefecon® to treat primary immunoglobulin A nephropathy (IgAN) in adults at risk of disease progression. A rare disease, IgAN is especially prevalent in China. Patients with the disease are at risk of progressing to end-stage renal disease. Nefecon is a targeted-release formulation of budesonide, a second-generation synthetic corticosteroid. In 2019, Everest acquired greater China rights to the drug from Calliditas Therapeutics of Sweden in a $121 million agreement. Nefecon is already approved in the US and EU. More details....

Stock Symbol: (HK: 1952)

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