April 17, 2018 / 6:03 PM / 8 months ago

FDA approves Rigel Pharmaceuticals' drug for rare bleeding disorder

(Reuters) - The U.S. Food and Drug Administration on Tuesday approved Rigel Pharmaceuticals Inc’s treatment for a rare bleeding disorder.

Rigel’s Tavalisse was approved to treat patients with immune thrombocytopenic purpura, a disease characterized by excessive bruising and bleeding caused by unusually low levels of platelets, which are integral to clotting.

Reporting by Tamara Mathias in Bengaluru; Editing by Anil D'Silva

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