Lilly Prices Olumiant For JAK Battle, But Misses Approval For Higher Dose

Lilly priced its now-approved Olumiant (baricitinib) to fight for US market share versus well-known rheumatoid arthritis therapies, undercutting Humira by 60% and Pfizer's established JAK inhibitor Xeljanz by 50%.

Rheumatology

Eli Lilly & Co.'s Olumiant (baricitinib) faces a tough battle for market share in the US based on its FDA-approved label in rheumatoid arthritis, but the company priced its janus kinase (JAK) inhibitor at $25,000 per year in hopes of gaining sufficient traction among patients with few treatment options.

A 2 mg daily dose of the oral JAK1/2 inhibitor Olumiant was approved in the US on June 1 to...

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