Plano-based Reata Pharmaceuticals lunches its first drug Skyclarys following FDA approval. The drug is the first and only treatment for the rare...
In trials, those treated with Skylarys “demonstrated significantly less impairment over time,” chairman and CEO J. Warren Huff said in a conference call. The drug is currently approved to treat adults and adolescents 16 and older.of a chronic kidney disease drug after it failed to show significant long-term effectiveness in patients.
Reata plans to price Skyclarys at $370,000 a year, meaning it needs to sign up around 1,000 patients to cover the company’s $300 million annual operating costs.There has been “strong initial demand” for the drug, Huff said, with more than 500 patient start forms submitted by care providers. The company estimates a market demand of approximately 4,500 patients.
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