US FDA delays Allergan's Semprana decision, approves Ozurdex

1 July 2014

US drugmaker Allergan (NYSE: AGN), the subject of a hostile $53 billion takeover pursuit by Canada’s Valeant Pharmaceuticals International (TSX: VRX), has provided updates on three of the company’s key R&D pipeline programs.

These include positive Phase II data for abicipar pegol (Anti-VEGF DARPin), the advance of bimatoprost sustained-release implant for glaucoma into Phase III trials, and a delay for Semprana (dihydroergotamine) inhalation aerosol (formerly referred to as Levadex).

Receives FDA approval for Ozurdex for DME

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