Positive top-line results in second Phase III trial of ZX008 in Dravet syndrome
Today, USA-based CNS-focused biotechZogenix (Nasdaq: ZGNX) announced positive top-line results from its second Phase III trial (Study 1504) for its investigational drug, ZX008 (low-dose fenfluramine hydrochloride), for the treatment of Dravet syndrome, a rare form of childhood epilepsy.
Result findings are consistent with data reported from Phase III Study 1, announced in 2017, and the latest news sent the company’s shares soaring more than 17% to $54.27 by mid-morning trading, having leapt as much as 26%.
UK cannabinoid drug specialist GW Pharmaceuticals’ Epidiolex (cannabidiol) for adjunctive treatment of seizures associated with Lennox-Gastaut syndrome (LGS) and Dravet syndrome was approved by the Food and Drug Administration on June 25 this year, though this comes with the Drug Enforcement Administration (DEA) now having to review Epidiolex because of its potential for abuse before it can launch.
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