Jazz gets its narcolepsy upgrade drug decked out for the FDA as clock ticks down on cash cow patents
Jazz Pharmaceuticals $JAZZ appears to be riding its follow-up narcolepsy drug to a near-term approval — just ahead of the generic competition likely to eat up the franchise.
Investigators turned up at the World Sleep Congress to outline updated Phase III data on JZP-258, with an efficacy and tolerability profile that looks remarkably similar to the blockbuster that sustains the company. Analysts were particularly interested in tracking a similar rate of cataplexy — uncontrollable muscle weakness or paralysis — for patients who transitioned from their marketed drug Xyrem (sodium oxybate) to the follow-up.
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