Incyte's cash cow Jakafi chugs along with positive frontline results for GVHD
Five months after the FDA approved Incyte to expand its flagship Jakafi drug to patients with steroid-refractory acute graft-versus-host disease (GVHD), the company announced positive topline results from its Phase III study.
“This announcement, while a positive, is not surprising given the recent label expansion for Jakafi in the U.S. into this setting based on results from the single-arm REACH1 trial,” Baird’s Brian Skorney wrote, adding that it should allow Novartis, Incyte’s partner, to begin registering the drug abroad.
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