Ipsen Receives European Green Light for Pediatric Brain Tumor Treatment
The European Commission has granted conditional marketing authorization to Ipsen's Ojemda (tovorafenib) for treating children with pediatric low-grade gliomas presenting a BRAF alteration and having progressed after previous treatments. This approval applies to the 27 EU member states, as well as Iceland, Liechtenstein, and Norway.
The European Commission's authorization is based on data from the phase II pivotal FIREFLY-1 study, which evaluated tovorafenib in 137 children and young adults with pediatric low-grade gliomas with BRAF alteration, who were relapsed or refractory, having received at least one prior systemic treatment. Tovorafenib is a type II RAF kinase inhibitor targeting mutated BRAF V600, wild-type BRAF, and wild-type CRAF. It acts on signaling pathways that regulate cell growth and division.
Impact on Pediatric Low-Grade Glioma Patients
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Over 800 children are diagnosed each year with pediatric low-grade glioma presenting a BRAF alteration in the European Union. Although classified as a slow-progressing low-grade tumor, this disease imposes a significant lifelong burden, often leading to severe physical and neurological impairments, including loss of vision, speech disorders, and motor dysfunctions. Until now, many affected children have had to undergo invasive surgeries, multiple lines of chemotherapy, and radiotherapy, often associated with long-term health complications. Sandra Silvestri, Executive Vice President and Chief Medical Officer at Ipsen, stated that 'the priority now is to ensure as rapid access as possible to this treatment for eligible children across Europe.'
SectorPharmacie et biotechnologies›Vaccins et laboratoires de recherche
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Period
Period: S1 2026
Key reported figures
Revenue: 2 190 millions d'euros
Quarterly revenue: 2 190 millions d'euros
Revenue growth: 20,4 %
EBITDA: 733,9 millions d'euros
EBITDA margin: 40,7 %
Net income: 403,1 millions d'euros
Free cash flow: 651,7 millions d'euros
-1 005 millions d'euros
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