Swiss biotech firm Idorsia (SIX: IDIA) has won marketing authorization in its home country for a new insomnia med, Quviviq (daridorexant).
The decision follows US Food and Drug Administration approval at the start of the year, and European authorization in the spring.
While there are a number of treatments on the market for insomnia, the strength of Idorsia’s approach lies in its ability to avoid prolonged effects the day after administration - a factor which hampers the safety profile of rival products.
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