FDA dismisses Alkermes’ pitch on ‘5461, demanding new depression trials in a damaging setback
Alkermes $ALKS made a high-stakes gamble that the FDA would consider approving their big depression drug ALKS-5461 on the basis of a single positive Phase III study — and they lost. The biotech reported Monday morning that the agency had issued a refuse-to-file letter for the drug, seriously delaying any shot at an OK.
According to the company statement, the FDA is demanding more clinical trials to provide a full set of data as well as a “bioavailability study to generate additional bridging data between ALKS 5461 and the reference listed drug, buprenorphine.”
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