Incyte's team sells the drug Jakafi in US markets, while the development and commercialization rights for Jakafi are licensed to Novartis (NVS) outside US markets. Novartis markets Jakafi under the brand name Jakavi outside US markets. Jakafi is the first oral JAK inhibitor approved by the FDA, and it's also the first drug approved by the FDA from Incyte's portfolio. Jakafi's patent rights for the composition of matter and the use of the drug are valid up to November 2026, and Incyte has also received an extension on these patents up to late 2027.