Wednesday, March 19, 2014

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Article > FDA advisors back Merck & Co's ragweed allergy pill
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The FDA is assessing Ragwitek for the treatment british heart foundation of ragweed pollen induced allergic rhinitis, with or without conjunctivitis, in adults 18 to 65 years of age, and a decision is expected during the first half of this year.  
Analysts are expecting the drug to generate peak sales of around $300 million, although Reuters reports that Morningstar analyst Damien Conover believes they could hit $1 billion if enough patients favour the pill over the alternative option of injections.
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