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News Summary: J&J again seeks Xarelto approvals

Friday - 9/7/2012, 1:44pm  ET

By The Associated Press

(AP) - DRUG DO-OVER: Johnson & Johnson is taking a second shot at getting U.S. approval to market anticlotting drug Xarelto for two additional uses.

THE HISTORY: This summer, the Food and Drug Administration rejected one of those applications and J&J withdrew the other. J&J has now submitted new data from a huge Xarelto study concluded last year.

THE MARKET: Xarelto is approved for reducing blood clot risk after knee or hip replacement surgery and lowering stroke risk in patients with an irregular heartbeat. It competes with one drug in a new generation of blood thinners, Pradaxa. Another, Eliquis, could be approved.

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