The US Food and Drug Administration approved Novartis AG's NOVN.S therapy for the treatment of patients with a type of advanced prostate cancer that has spread to other parts of the body, the drugmaker said on Wednesday.
Novartis' Pluvicto is a targeted radioligand therapy for adult patients who have already undergone other anticancer treatments.
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Pluvicto is a precision treatment combining a targeting compound, or ligand, with a cancer-killing radioactive particle, Novartis said.
The company said it has submitted marketing authorization for Pluvicto to the European Medicines Agency and other health authorities.
Two late-stage studies evaluating Pluvicto in earlier lines of treatment for metastatic prostate cancer are underway, according to Novartis.