Ireland-incorporated Horizon Pharma (Nasdaq: HZNP) announced yesterday that the European Commission has adopted a binding decision to approve Ravicti (glycerol phenylbutyrate) oral liquid for use as an adjunctive therapy for chronic management of adult and pediatric patients two months of age and older with urea cycle disorders (UCDs).
Ravicti will now cover six subtypes of UCDs, a broader range compared to currently-approved medicines in the EU, and will be easier for patients to use.
Horizon Pharma acquired rights to Ravicti along with its $1.1 billion buy of US firm Hyperion Therapeutics earlier this year (The Pharma Letter March 30). The company recently gave up on its $1.68 billion hostile attempt to acquire Depomed (TPL November 20), aimed at expanding its line of treatments for pain and central nervous system conditions.
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