Mitsubishi Tanabe Pharma America, Inc. (MTPA) today announced that more than 4,000 people with amyotrophic lateral sclerosis (ALS) in the United States have received treatment with RADICAVA® (edaravone) and over 1,100 healthcare providers have prescribed the therapy to one or more of their ALS patients since it became available in August 2017
JERSEY CITY, N.J., Aug. 8, 2019 /PRNewswire/ -- Mitsubishi Tanabe Pharma America, Inc. (MTPA) today announced that more than 4,000 people with amyotrophic lateral sclerosis (ALS) in the United States have received treatment with RADICAVA® (edaravone) and over 1,100 healthcare providers have prescribed the therapy to one or more of their ALS patients since it became available in August 2017.1 “Our focus continues to be on how we can make a meaningful difference in the lives of people with ALS and their families,” said Atsushi Fujimoto, President, MTPA. “We are pursuing research into biomarkers in ALS and development of an oral formulation of edaravone. Whether it’s through our clinical research or providing resources to help families understand the disease and navigate care, we remain as dedicated as ever to continuing that mission.” RADICAVA, the only treatment approved by the U.S. Food and Drug Administration to slow the loss of physical function in people with ALS, is an infusion therapy that can be given to patients in the home or in a variety of clinical settings such as an ALS center or physician’s office. In ALS, lost physical function cannot be recovered. MTPA reports several updates related to the company’s efforts to help people with ALS and their families. As of June 2019, our internal data shows that approximately 92 percent of patients who have sought health plan coverage for treatment with RADICAVA received insurance coverage approval for their treatment.*1,2 According to recent analysis, approximately 70 percent of patients have been on treatment for six months or more.1 “RADICAVA offers my ALS patients a much-needed treatment option,” said Tomas Holmlund, M.D., Medical Director of the DENT Neurologic Institute’s Neuromuscular Center in Buffalo, N.Y., whose patient was one of the first in the United States to receive the treatment when it became available. “One day we hope there will be a cure, but we are not there yet.” An estimated 5,000-6,000 Americans are diagnosed each year with ALS, a rapidly progressive neurodegenerative disease that affects the nerve cells in the brain and the spinal cord.3,4,5 The majority of ALS patients die within two to five years of receiving a diagnosis, but progression of the disease can vary significantly.6 * Based on total number of commercial and government cases submitted through Searchlight Support® from 6/01/2019 through 6/30/2019. Of the 92 percent, the rate for commercial payers was more than 83 percent and government was more than 95 percent. These approval rates include cases that were initially denied and subsequently approved through filing of exception requests or through appeals processes. Coverage determinations are based on individual health plan policies, and approval rate could be dependent on insurance plans, appeal processes and severity of disease. Insurance approval does not directly equate to patients receiving RADICAVA. After insurance approval, site of care may still need to be finalized. About Mitsubishi Tanabe Pharma America, Inc. Overview of Mitsubishi Tanabe Pharma Corporation (MTPC) About RADICAVA® (edaravone) Edaravone was discovered and developed for ALS by Mitsubishi Tanabe Pharma Corporation (MTPC) and commercialized in the U.S. by Mitsubishi Tanabe Pharma America, Inc. MTPC group companies began researching ALS in 2001 through an iterative clinical platform over a 13-year period. In 2015, edaravone was approved for use as a treatment for ALS in Japan and South Korea. Marketing authorization was granted in Canada in October 2018 and Switzerland in January 2019. IMPORTANT SAFETY INFORMATION Before you receive RADICAVA, tell your healthcare provider about all of your medical conditions, including if you:
Tell your healthcare provider about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. What are the possible side effects of RADICAVA?
The most common side effects of RADICAVA include bruising (contusion), problems walking (gait disturbance), and headache. These are not all the possible side effects of RADICAVA. Call your healthcare provider for medical advice about side effects. You may report side effects to Mitsubishi Tanabe Pharma America, Inc. at 1-888-292-0058 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch. For more information, including full Prescribing Information and Patient Information, please visit www.RADICAVA.com. Media inquiries: 1 Mitsubishi Tanabe Pharma America Inc., Data on File as of August 2019. View original content to download multimedia:http://www.prnewswire.com/news-releases/more-than-4-000-us-patients-with-als-treated-with-radicava-edaravone-in-two-years-since-availability-mitsubishi-tanabe-pharma-america-reports-300898831.html SOURCE Mitsubishi Tanabe Pharma America, Inc. |