By John Revill 
 

ZURICH--Swiss pharmaceuticals giant Novartis AG (NOVN.VX) said the U.S. Food and Drug Administration had approved the use of one of its cancer medications to treat multiple myeloma, an aggressive form of blood cancer.

Basel-based Novartis said the FDA approved the use of Farydak in combination with Takeda Pharmaceutical Co.'s (4502.TO) Velcade and dexamethasone, an anti-inflammatory, after a patient has received at least two prior treatment regimens of Velcade and an immunomodulatory drug.

The approval was based on clinical trial results that showed the combination almost doubled the amount of time patients experienced no worsening of their disease to 10.6 months compared to standard treatments. Just under 60% of the patients also saw their cancer shrink or disappear, better than the 41% for other patients.

The FDA's decision overturned advice from a panel of medical experts who last year voted against recommending the combination's approval, saying its side effects, such as severe diarrhea and heart problems, outweighed its potential benefits. The FDA usually follows the advice of advisory panels but is not obligated to do so.

Farydak is the first in a new class of treatments called HDAC inhibitors designed to restore cell function for patients with multiple myeloma, a cancer of plasma cells found in the bone marrow.

The condition affects as many as five out of every 100,000 people globally. Almost 22,000 Americans are diagnosed with the cancer every year, and around 11,000 die from it, according to the National Cancer Institute.

Novartis said regulatory submissions for Farydak are being reviewed by health authorities worldwide, with applications underway in the European Union and Japan.

Write to John Revill at John.Revill@wsj.com

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