Drugs
Human Genome Calls Second Lupus Drug Study a Success
Rituxan, the blockbuster cancer and autoimmune disease drug from Roche/Genentech and Biogen Idec(BIIB), works by depleting all B cells, but the drug has so far proved ineffective in lupus.
Benlysta is the first blockbuster drug to step out from Human Genome's labs. There are between 300,000 and 400,000 lupus patients in the U.S., with similar numbers in Europe. Not all these patients are sick enough or ideally suited for treatment with Benlysta, but the drug's peak revenue could still top $1 billion annually. Human Genome shares closed Friday at $18.69. -- Reported by Adam Feuerstein in BostonTheStreet Premium Services
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