The Food and Drug Administration (FDA) has approved Johnson & Johnson’s therapy for treating a type of multiple myeloma, the company said on Tuesday, giving another treatment option to patients with the incurable blood cancer.
J&J’s teclistamab, branded as Tecvayli, is approved for treating adults with multiple myeloma that is hard to treat or has come back after receiving four or more prior lines of certain classes of therapies, the company said.
A company spokesperson said the therapy, which will be available on or around Nov. 4, will have a list price of $39,500 per month, with the overall pricing ranging between $355,000 and $395,000 for a nine to 10 month course….