Each year, Medicare will add more drugs to the list, the names of which have not yet been disclosed.
Faspro, launched in 2020, already accounts for more than 80% of Darzalex revenue, which is due to rise to $9.5 billion this year.
Merck previously told Reuters it expects this version of Keytruda could replace the more time consuming infusion for most patients.
Keytruda revenue is expected to top $24 billion this year and could exceed $30 billion as soon as 2026, according to analyst estimates.
The company has said its expects revenue from subcutaneous drugs containing hyaluronidase to drive its growth going forward.
Persons:
Srdjan, Johnson, drugmakers, Bristol Myers, Roche, Biden’s, Michael DiFiore, DiFiore, Joseph Wolk, Faspro, Halozyme, Helen Torley, hyaluronidase, Michael Erman, Patrick Wingrove, Caroline Humer, Bill Berkrot
Organizations:
U.S, REUTERS, Wall Street, Merck & Co, Halozyme Therapeutics, Reuters, Bristol, Bristol Myers Squibb, Medicare, U.S . Centers, Medicaid Services, J, Reuters Graphics Merck, Merck, Thomson
Locations:
Ljubljana, Darzalex, Diego