December 27, 2019 / 8:03 AM / 24 days ago

China regulator approves imports of J&J's Tremfya

FILE PHOTO: The company logo for Johnson & Johnson is displayed on a screen to celebrate the 75th anniversary of the company's listing at the New York Stock Exchange (NYSE) in New York, U.S., September 17, 2019. REUTERS/Brendan McDermid

BEIJING (Reuters) - China has approved imports of Johnson & Johnson’s Tremfya (guselkumab), the National Medical Products Administration said in a notice on Friday.

The drug will be used to treat moderate to severe plaque psoriasis in adults who are suitable for systemic therapy, the administration said.

J&J is positioning Tremfya as a better alternative to Novartis’s Cosentyx as it seeks to take market share away from the treatment, which was launched two years ago and is among the top-selling treatments in the $11 billion global psoriasis market.

Reporting by Roxanne Liu in Beijing and Brenda Goh in Shanghai; Editing by Muralikumar Anantharaman

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