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Knight Therapeutics Announces Regulatory Approval of TAVALISSE® in Mexico

Dec 12, 2024 - financialpost.com
Knight Therapeutics Inc., a specialty pharmaceutical company based in Montreal, announced that its Mexican affiliate, Grupo Biotoscana de Especialidad S.A. de C.V., has received regulatory approval from COFEPRIS for TAVALISSE® (fostamatinib disodium hexahydrate) in Mexico. This medication is intended for the treatment of thrombocytopenia in adult patients with chronic immune thrombocytopenia (ITP) who have not responded adequately to previous treatments. The approval offers a new therapeutic alternative with an innovative mechanism of action for physicians treating chronic ITP, a condition where the immune system attacks and destroys blood platelets, leading to increased risk of severe bleeding.

Knight Therapeutics secured exclusive rights to commercialize fostamatinib in Latin America through an agreement with Rigel Pharmaceuticals, Inc. The company plans to launch TAVALISSE® in Mexico in the first half of 2026. This development marks a significant step in expanding treatment options for ITP patients and underscores Knight's commitment to improving patient outcomes across Latin America. Knight Therapeutics Inc. is focused on acquiring or in-licensing and commercializing pharmaceutical products for Canada and Latin America, with its shares trading on the TSX under the symbol GUD.

Key takeaways:

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  • Knight Therapeutics Inc. has received regulatory approval from COFEPRIS in Mexico for TAVALISSE® (fostamatinib disodium hexahydrate) to treat thrombocytopenia in adult patients with chronic immune thrombocytopenia (ITP).
  • TAVALISSE® offers a new therapeutic alternative with an innovative mechanism of action for treating chronic ITP, a condition where the immune system attacks and destroys blood platelets.
  • Knight Therapeutics plans to launch TAVALISSE® in Mexico in the first half of 2026, expanding treatment options for ITP patients in Latin America.
  • Knight Therapeutics Inc. is a specialty pharmaceutical company focused on commercializing pharmaceutical products in Canada and Latin America, with shares trading on TSX under the symbol GUD.
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