Easier sleep management on the way with Lumryz approval
A 12% jump in the stock price of Avadel Pharmaceuticals (Nasdaq: AVDL) on Monday reflects market confidence in the firm’s newly-approved cataplexy med Lumryz (sodium oxybate).
The US regulator granted approval for the extended-release formulation of sodium oxybate, which can be taken once at bedtime, improving on the twice-daily options currently available.
People with narcolepsy currently suffer from the burden of having to take a second dose in the middle of the night, and scientists at Avadel hope avoiding this could help patients to restore a more natural sleeping pattern.
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