Advertisement
New Zealand markets open in 8 hours 34 minutes
  • NZX 50

    11,836.04
    -39.31 (-0.33%)
     
  • NZD/USD

    0.5928
    +0.0009 (+0.15%)
     
  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     
  • OIL

    83.02
    +0.33 (+0.40%)
     
  • GOLD

    2,399.10
    +10.70 (+0.45%)
     

J&J's Ponesimod Superior to Aubagio in Relapsing MS Patients

Janssen, a subsidiary of Johnson & Johnson JNJ, announced that its pipeline candidate, ponesimod demonstrated superior efficacy to Sanofi’s SNY blockbuster multiple sclerosis (“MS”) drug, Aubagio, in a phase III study. The head-to-head late-stage OPTIMUM study evaluated 20 mg dose of ponesimod in patients with relapsing MS versus 14 mg dosage of Aubagio.

Data from the OPTIMUM study showed that ponesimod reduced annualized relapse rate in MS patients by statistically significant 30.5% compared to Aubagio up to 108 weeks following the treatment. The candidate also achieved a 56% reduction in cumulative number of combined unique active lesions compared to Sanofi’s drug. Data from the study was presented at the annual conference of The European Committee for Treatment and Research in Multiple Sclerosis held in Stockholm, Sweden.

J&J is planning to file regulatory applications in the United States and Europe for approval of ponesimod for treating relapsing forms of MS.

Share price of J&J has increased 1.6% against the industry’s decline of 2% year to date.

ADVERTISEMENT

 

 

Please note that ponesimod was added to J&J’s pipeline with the June 2017 $30 billion acquisition of Swiss biotech, Actelion.

However, several companies are developing their candidates or commercializing drugs targeting relapsing MS. Sanofi itself has another drug, Lemtrada, for treating relapsing MS. Moreover, it is developing Aubagio for pediatric MS patients. However, Aubagio is set to face generic competition, starting 2023.

Novartis NVS successfully completed two late-stage studies evaluating its pipeline candidate, ofatumumab for the treatment of relapsing forms of MS last month. Ofatumumab also demonstrated superiority to Aubagio in clinical studies. Meanwhile, in June, Celgene’s CELG regulatory applications seeking approval for its MS candidate, ozanimod, were accepted for review in the United States as well as in Europe. Moreover, Biogen holds a strong position in the MS market with a wide range of products.

Ponesimod is likely to face competition from currently available therapies and upcoming branded as well generic drugs targeting MS.

Johnson & Johnson Price

 

Johnson & Johnson Price
Johnson & Johnson Price

Johnson & Johnson price | Johnson & Johnson Quote

Zacks Rank

J&J currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Johnson & Johnson (JNJ) : Free Stock Analysis Report
 
Novartis AG (NVS) : Free Stock Analysis Report
 
Sanofi (SNY) : Free Stock Analysis Report
 
Celgene Corporation (CELG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.