Heres His New Pick Then there's Rayaldee. Opko won FDA approval for the drug in treatingsecondary hyperparathyroidism in June 2016. Sales are picking up for Rayaldee and should grow significantly in 2017. Opko projectsthat between 70% and 80% of Americans will be covered for Rayaldee by the middle of the year. The drug could reach peak annual sales of around $500 million -- over half of the company's total revenue in the first nine months of 2016. Last, but not least, is Opko's pipeline. Results from a mid-stage study evaluating a long-actingFVIIa replacement therapy for hemophilia patients should be announced in the first half of this year. Opko expects to start a phase 2b clinical study of oxyntomodulinin treating type 2 diabetes in the second half of 2017. Continue Reading Below ADVERTISEMENT The wild card in Opko's pipeline, though, is itsexperimental long-acting human growth hormone product hGH-CTP. Althoughthe primary endpoint wasn't met in a late-stage study targeting adults, Opko saw some outliers in the data that give it reason to be optimistic about moving forward.
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