February 27, 2018 / 4:51 PM / Updated 2 hours ago

Roche says hemophilia drug Hemlibra wins EU approval

ZURICH (Reuters) - Swiss group Roche said on Tuesday 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.

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Reporting by Silke Koltrowitz, Editing by Michael Shields