Roche wins EU approval for hemophilia drug Hemlibra

ZURICH: Swiss group Roche said the European Commission has approved its drug Hemlibra for people with hemophilia A who have developed resistance to standard treatments.

The approval was expected after a panel recommended it last month. The drug was already approved in the United States last year.

Hemlibra is among the new medicines that the Basel-based pharmaceuticals maker hopes will offset falling sales of its three biggest drugs, Rituxan, Avastin, and Herceptin. Some analysts expect peak Hemlibra sales of more than $4 billion a year.

(Reporting by Silke Koltrowitz, Editing by Michael Shields)