Following a positive vote last month from the Joint Meeting of the Psychopharmacologic Drugs Advisory Committee, the US Food and Drug Administration (FDA) has now approved the supplemental New Drug Application (sNDA) of Rexulti (brexpiprazole) for use in the treatment of agitation associated with dementia due to Alzheimer’s disease.
Rexulti is being developed by discoverer Japan’s Otsuka (TYO: 4578) and Denmark’s Lundbeck (LUND: CO), whose shares moved up 2.5% to 35.46 kroner on the news. Otsuka’s stock was barely moved by the development.
SVB Securities Research analyst Marc Goodman has previously said AAD is an interesting opportunity for Rexulti, that could contribute $500 million in additional sales over the next five or six years. Also marketed under the trade name Rxulti, and originally approved in the USA in July 2015 as an adjunctive therapy to antidepressants in adults with major depressive disorder and as a treatment for schizophrenia in adults, the drug generated sales of 3,890 million kroner ($572 million) for Lundbeck in 2022.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze