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Last updated on February 11, 2012 at 0:00 EST

FDA Approves New Drug for Arthritis

December 28, 2005

By The Associated Press

WASHINGTON – Bristol-Myers Squibb Co. said the FDA has approved a new drug to treat moderate to severe cases of rheumatoid arthritis, a chronic disease that afflicts more than 2 million Americans.

The drug, abatacept, will be marketed as Orencia and is designed to be given intravenously. The company, based in New York, intends to start selling it by the end of February.

The drug acts by suppressing part of the immune system to treat rheumatoid arthritis, which causes swelling, stiffness and pain in the linings of the joints. The linings become inflamed after the body’s immune system acts against them.