Neurocrine bags an FDA OK for tardive dyskinesia, trumping Teva as it preps first commercial launch
Kevin Gorman, CEO of Neurocrine Biosciences, presents at a Jefferies investor conference in 2013. Bloomberg/via Getty Images
The FDA has followed through with an approval for Neurocrine Bioscience’s Ingrezza (valbenazine) for tardive dyskinesia, setting up a potential showdown just a week after Teva scored with their rival therapy, now approved for Huntington’s chorea.
Unlike Teva, Neurocrine’s label has come through without a black box warning on depression and suicidal ideation, giving it a distinct edge in any marketing confrontation to come as Teva waits for the FDA to decide on its own application to hit the TD market. Neurocrine shares jumped 28% on the news, though some analysts had fretted about the label.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.