Core Insights - Bayer has received European Commission approval for elinzanetant, branded as Lynkuet, to treat moderate to severe vasomotor symptoms (VMS) associated with menopause or adjuvant endocrine therapy related to breast cancer [1][7] - The approval is based on positive results from the OASIS program, which demonstrated a favorable safety profile and met all primary and key secondary endpoints [2][7] - Bayer's shares have increased by 62.1% year to date, significantly outperforming the industry average gain of 14.3% [2] Product Details - Elinzanetant is a dual neurokinin-targeted therapy, specifically an NK-1 and NK-3 receptor antagonist, and is the only hormone-free treatment for moderate to severe VMS [4] - VMS affects up to 80% of women during menopause, with approximately 40% of women in Europe reporting moderate to severe symptoms [4][5] - Lynkuet is already approved in the UK and the US for treating VMS associated with menopause [5] Portfolio Expansion - The approval of Lynkuet enhances Bayer's pharmaceutical portfolio, adding to the momentum of existing drugs like Nubeqa and Kerendia [2][9] - Bayer's Pharmaceuticals division is experiencing growth, compensating for declines in sales of Xarelto, which is co-developed with Johnson & Johnson [8] - Bayer is also working on label expansions for Nubeqa and Kerendia, which could further drive sales growth [9] Pipeline Development - Bayer is making progress in its pipeline, with a new drug application for gadoquatrane accepted for review in the US and China [10] - The company is expanding its capabilities in cell and gene therapy through acquisitions of BlueRock and AskBio, targeting various diseases [11]
BAYRY Obtains Approval for Hormone Free VMS Treatment Lynkuet in the EU