Johnson & Johnson’s Janssen has received its fifth drug approval for multiple myeloma, securing an accelerated nod for its bispecific Talvey on Thursday morning.
The FDA cleared the antibody, known investigationally as talquetamab, for adults with relapsed or refractory multiple myeloma after four or more prior treatment attempts. Talvey will become available within three weeks, a spokesperson told Endpoints News via email. The list price is $45,000 per month or a range of $270,000 to $360,000, depending on treatment duration. In clinical studies, patients were typically on treatment for about six to eight months, the spokesperson said, noting J&J expects Medicare and most commercial insurance plans to cover Talvey.
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