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23 May 2011

EMA Approves New Drugs from GSK, Merck, BMS

These three medicines are expected to become blockbusters, helping to replace revenues that GSK, Merck and BMS will lose as some of their big drugs go off patent.

The European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use has given its approval to Benlysta, the lupus drug from GlaxoSmithKline and Human Genome Sciences; Victrelis, Merck's new hepatitis C drug; and Yervoy, the melanoma treatment from Bristol-Myers Squibb.

 

These three medicines are expected to become blockbusters, helping to replace revenues that GSK, Merck and BMS will lose as some of their big drugs go off patent. Analysts predict Benlysta will hit $3.5 billion in sales by 2015. Merck's Victrelis is expected to bring in more than $1 billion in annual sales, perhaps more than that now that Merck has hooked up wit

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