A new psoriasis drug, Otezla, has been approved for expanded use to treat patients with moderate to severe plaque psoriasis, the U.S. Food and Drug Administration ruled this week.
The drug, known chemically as apremilast, is already approved for treating psoriatic arthritis, a type of arthritis associated with the skin disease, according to Reuters.
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The drug is also being studied as a potential treatment for a type of spondylitis.
Celgene Corp forecast in March annual Otezla sales of $1.5 billion to $2 billion by 2017.
Psoriasis is a chronic inflammatory disease of the skin resulting from an uncontrolled immune response.
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