Dow Jones Newswires: FDA approves Innoviva’s bacterial pneumonia treatment

by | May 23, 2023 | Stock Market

The Food and Drug Administration said Tuesday that it approved Innoviva’s
INVA,
-0.73%
Xacduro pneumonia treatment, which fights the Acinetobacter bacteria. The federal regulator said Xacduro, which treats ventilator-associated bacterial pneumonia and hospital-acquired bacterial pneumonia, is hard to treat and poses a great threat to human health.

The FDA granted approval of Xacduro, administered by intravenous infusion, to Entasis Therapeutics, acquired by the pharma company Innoviva last year.

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