Elanco Secures USDA Approval For Befrena, Expands Dermatology Portfolio

rttnews
2026.01.01 05:52
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Elanco Animal Health Inc. has received USDA approval for Befrena, a new anti-IL31 monoclonal antibody injection for treating canine allergic and atopic dermatitis. Recommended every 6 to 8 weeks, Befrena offers a longer treatment interval than its competitor, lokivetmab. The product is set to launch in the first half of 2026, marking Elanco's second dermatology product approval in 18 months. Elanco's stock closed at $22.63, down 0.57%, and further declined to $22.16 in after-hours trading.