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US FDA approves KalVista Pharma's swelling disorder drug

US FDA approves KalVista Pharma's swelling disorder drug

Reuters11 hours ago
July 7 (Reuters) - KalVista Pharmaceuticals (KALV.O), opens new tab said on Monday the U.S. Food and Drug Administration has approved its drug for a type of hereditary swelling disorder, sending its shares up 33.3% in premarket trading.
The regulator's greenlight comes after it extended the review of the drug, Ekterly, due to heavy workload and limited resources.
With the approval, Ekterly becomes the first on-demand oral treatment for hereditary angioedema, offering a convenient alternative to injectable treatments.
The life-threatening condition causes sudden, dangerous swelling in the body, including the skin, digestive tract and upper respiratory system, due to deficiency in a protein known as C1 inhibitor.
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