Novartis' leukemia drug earns FDA approval

Novartis earned Food and Drug Administration for its new cancer drug, Rydapt.

The FDA approved Rydapt as an initial treatment — used alongside chemotherapy — for acute myeloid leukemia. The drug can also be used to treat several other blood disorders, including aggressive systemic mastocytosis and mast cell leukemia.

Pricing for the drug depends on its indication and dose, Novartis spokeswoman Julie Masow told Reuters. For acute myeloid leukemia patients, the list price for a 14-day treatment is $7,495 and $14,990 for a 28-day treatment length, she said.

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