Calliditas' partner Everest Medicines announces China NMPA's approval of Nefecon® for the treatment of primary IgA nephropathy
China has the highest prevalence of primary glomerular diseases in the world with an estimated five million IgAN patients.
- China has the highest prevalence of primary glomerular diseases in the world with an estimated five million IgAN patients.
- There is a very significant unmet medical need for novel therapies among IgAN patients in China and other Asian countries.
- Everest also announced that, in addition to Nefecon's approval in mainland China and Macau, it expects a decision on New Drug Application (NDA) approval in Singapore and Hong Kong in the near term.
- This approval triggers a milestone payment of five million USD to Calliditas, which will be included as revenue in the fourth quarter.