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Life Sciences, Genzyme, Myozyme

FDA Panel Favors Genzyme’s Myozyme

Ryan McBride 10/22/08

An FDA panel voted Tuesday in favor of recommending conditional approval of a new version of Cambridge biotech firm Genzyme’s (NASDAQ:GENZ) drug alglucosidase alfa (Myozyme) for Pompe disease, according to a report by Bloomberg News. Though the panel’s nod does not guarantee approval of the drug, it puts Genzyme one step closer to marketing a version of alglucosidase alfa made in larger batches than its approved version made in smaller containers.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.


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