Hoping to bounce back from a bad news week, Allergan (NYSE: AGN) has announced the US medicines regulator will review its application for its novel CGRP agonist ubrogepant.
Last year the firm announced positive data for the migraine therapy from the Phase III ACHIEVE II trial, with both doses showing a statistically-significant impact on pain freedom compared with placebo.
Allergan will hope to take a share of a new and potentially lucrative market for CGRP blockers, currently led by biologic options, which is rapidly becoming more crowded.
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