🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

FDA grants priority review to Harmony's pediatric narcolepsy drug

EditorEmilio Ghigini
Published 02/21/2024, 08:15 AM
© Reuters.
HRMY
-

PLYMOUTH MEETING, Pa. - Harmony Biosciences Holdings , Inc. (NASDAQ: NASDAQ:HRMY) has received priority review designation from the U.S. Food and Drug Administration (FDA) for its supplemental New Drug Application (sNDA) for WAKIX® (pitolisant) tablets. This application seeks to expand the use of WAKIX® for treating excessive daytime sleepiness (EDS) or cataplexy in pediatric patients aged 6 years and older with narcolepsy. The FDA has set a target action date of June 21, 2024, under the Prescription Drug User Fee Act (PDUFA).

The company's Chief Executive Officer, Jeffrey M. Dayno, M.D., expressed that the FDA's decision to grant priority review underscores the urgent need for new treatments for children with this condition and accelerates the review process. Harmony Biosciences is looking to offer a new treatment option for pediatric patients, pending FDA approval.

The priority review is based on the results of a Phase 3 study, which was a multicenter, randomized, placebo-controlled trial evaluating the safety and efficacy of pitolisant in pediatric patients with narcolepsy. Following the study, the European Medicines Agency approved the extension of pitolisant's indication to include treatment for children aged 6 and older with narcolepsy, with or without cataplexy.

Narcolepsy is a rare, chronic neurological disorder that affects sleep-wake cycles, with approximately 170,000 Americans diagnosed with the condition. It is characterized by EDS and cataplexy, among other symptoms. WAKIX® operates as a selective histamine 3 (H₃) receptor antagonist/inverse agonist, with its efficacy potentially mediated through increased synthesis and release of histamine, a wake-promoting neurotransmitter.

Currently, WAKIX® is FDA-approved for the treatment of EDS or cataplexy in adult patients with narcolepsy and has been available in the U.S. since the fourth quarter of 2019. The drug has received orphan drug designation for narcolepsy treatment in 2010 and breakthrough therapy designation for cataplexy treatment in 2018.

The safety and effectiveness of WAKIX® for pediatric use are under review by the FDA, and the company eagerly anticipates the possibility of providing an additional therapeutic option for children suffering from narcolepsy. This news is based on a press release statement from Harmony Biosciences.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.