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RHHBY Roche Holdings Ltd AG (QX)

29.26
-0.49 (-1.65%)
02 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Roche Holdings Ltd AG (QX) USOTC:RHHBY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.49 -1.65% 29.26 29.25 29.52 29.73 29.20 29.71 6,646,430 22:20:00

Genentech Says FDA Approves Clinical Trial for Actemra for Hospitalized Patients With Severe Covid-19 Pneumonia

23/03/2020 2:26pm

Dow Jones News


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By Michael Dabaie

 

Genentech, part of Roche, said the U.S. Food and Drug Administration approved a randomized, double-blind, placebo-controlled Phase III clinical trial in collaboration with the Biomedical Advanced Research and Development Authority of intravenous Actemra plus standard of care in hospitalized adults with severe Covid-19 pneumonia.

Genentech said it will provide 10,000 vials of Actemra to the U.S. Strategic National Stockpile for potential future use at the direction of the U.S. Department of Health and Human Services. The company said it has business continuity and mitigation strategies in place, and current U.S. supply of Actemra for approved indications isn't expected to be affected.

Genentech said it has also been working with distributors to manage product supply to enable both Genentech and its distribution partners to quickly fill orders to meet patient needs.

Actemra isn't currently approved for this use by the FDA.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

March 23, 2020 10:11 ET (14:11 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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