FDA approves aspirin pill that protects against stomach ulcers

The Food and Drug Administration recently approved Yosprala, a pill that combines aspirin with the gastrointestinal drug omeprazole to prevent stomach ulcers in patients who take aspirin daily, according to Reuters.

The drug, developed by Canada-based Aralez Pharmaceuticals, is designed to release omeprazole into the body before the aspirin to protect the stomach against ulcers.

Aralez CEO Adrian Adams said patients' out-of-pocket costs for the drug would be less than $1 a day and the company is "very conscious" of the controversy surrounding price hikes of older drugs, according to the report.

Aralez's stock rose 9.9 percent to $6 a share in morning trading upon news of the approval. Mr. Adams expects omeprazole to produce sales of about $200 million a year.

 

More articles on supply chain:

FDA approves Medtronic's drug-coated balloon to treat in-stent restenosis
Allergan to acquire Vitae Pharmaceuticals for $639M
House panel calls on Mylan CEO to explain EpiPen prices at Sept. 21 hearing

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