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EU panel backs Bristol-Myers arthritis drug

Fri Mar 23, 2007 1:19pm EDT

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LONDON, March 23 (Reuters) - A panel of European experts said on Friday it backed the approval of Bristol-Myers Squibb's (BMY.N) Orencia as a treatment for moderate to severe rheumatoid arthritis.

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Recommendations for marketing approval from the European Medicines Agency's Committee for Medicinal Products for Human Use are normally endorsed by the European Commission within 90 days.

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