Acel­Rx takes an­oth­er step in its re­cov­ery pro­gram, prep­ping a pain med pitch to the FDA

Acel­Rx clawed back an­oth­er piece of its shat­tered mar­ket cap this morn­ing af­ter de­clar­ing a suc­cess with its last late-stage study of the pow­er­ful pain med sufen­tanil, de­liv­ered un­der the tongue. And the biotech $ACRX says it’s now ready to hus­tle back to the FDA for its mar­ket­ing pitch, 18 months af­ter it was hand­ed a ma­jor set­back on its lead pain pro­gram.

On high alert for prob­lems pre­sent­ed by ad­dic­tive opi­oids, Acel­Rx says the FDA want­ed the biotech to re­cruit pa­tients for a post-op­er­a­tive study that looked at how well pa­tients did in man­ag­ing their pain with this new sub­lin­gual ap­proach to self-ad­min­is­tra­tion. And the com­pa­ny gave it­self a clean bill of health, say­ing that a lit­tle more than a third of the pa­tients suf­fered an ad­verse event — with most of the prob­lems linked to nau­sea and headache.

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