FDA Expands Approval Of Eli Lilly's Olumiant For Adolescents with Autoimmune Hair Loss

9/28/2026
Impact: 75
Healthcare

The FDA has expanded the approval of Eli Lilly's Olumiant (baricitinib) for adolescents aged 12 and older with severe alopecia areata, based on data from the BRAVE-AA-PEDS Phase 3 study. The study showed that 42% of patients receiving a 4 mg daily dose achieved 80% or greater scalp hair coverage at 36 weeks. Eli Lilly's shares rose 0.72% to $1192.03 following the announcement. Olumiant is already approved for adults with severe alopecia areata and rheumatoid arthritis.

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