Jazz Pharma's Rylaze Scores FDA Approval For Blood Cancer

  • The FDA has approved Jazz Pharmaceuticals plc JAZZ Rylaze (asparaginase erwinia chrysanthemi (recombinant)-rywn) for the treatment of acute lymphoblastic leukemia or lymphoblastic lymphoma in pediatric and adult patients.
  • The approval covers the use of Rylaze as a component of a multi-agent chemotherapeutic regimen in patients one month and older who have developed hypersensitivity to E. coli-derived asparaginase.
  • The company expects Rylaze will be commercially available in mid-July. 
  • Price Action: JAZZ closed at $177.64 on Wednesday.
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