Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Acadia wins FDA nod for Rett syndrome therapy (NASDAQ:ACAD)

by Index Investing News
March 11, 2023
in Markets
Reading Time: 1 min read
A A
0
Home Markets
Share on FacebookShare on Twitter


Grandbrothers

Acadia Pharmaceuticals (NASDAQ:ACAD) announced late Friday that the FDA greenlighted trofinetide under the brand name Daybue to treat the rare genetic neurodevelopmental disorder Rett syndrome in those aged two years and older.

Daybue becomes the first and only treatment for Rett syndrome with the approval for which Acadia (ACAD) has received a rare pediatric disease priority review voucher.

Trofinetide is designed to reduce neuroinflammation and support synaptic function, thus addressing the core symptoms of Rett syndrome.

In September, the agency accepted Acadia’s (ACAD) new drug application for trofinetide, granting Mar. 12 as the PDUFA date.

The company has backed the marketing application with data from its pivotal Phase 3 Lavender study, which indicated a statistically significant improvement for trofinetide, over placebo for co-primary endpoints based on two clinical scales related to the disease.

Acadia (ACAD), which has partnered with Australia-based Neuren Pharmaceuticals Limited (OTCPK:NURPF) to develop and commercialize trofinetide in North America, expects the treatment to be available by the end of April 2023.

Seeking Alpha contributor Edmund Ingham downgraded Acadia (ACAD) to Hold from Buy in February, citing a recent upsurge in company shares.



Source link

Tags: AcadiaFDANASDAQACADNodRettSyndrometherapyWins
ShareTweetShareShare
Previous Post

Lululemon Spring ‘We Made Too Much’ Finds 2023: Save On Leggings, Running Shoes and More

Next Post

Who is Greg Becker, the head of failed Silicon Valley Bank? By Reuters

Related Posts

ValueAct takes a stake in Rocket Cos. How the activist might assist raise shares

ValueAct takes a stake in Rocket Cos. How the activist might assist raise shares

by Index Investing News
May 24, 2025
0

FILE PHOTO: A banner celebrating Rocket Firms Inc., the mother or father firm of U.S. mortgage lender Quicken Loans, IPO...

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

by Index Investing News
May 23, 2025
0

Costco Wholesale Company (NASDAQ: COST) has delivered a formidable efficiency within the first half of FY25, aided by robust membership...

Goal Company (TGT): A take a look at how the retailer is navigating a troublesome atmosphere

Goal Company (TGT): A take a look at how the retailer is navigating a troublesome atmosphere

by Index Investing News
May 24, 2025
0

Shares of Goal Company (NYSE: TGT) stayed pink on Friday. The inventory has dropped 23% over the previous three months....

The Massive Lovely Bitcoin Breakout

The Massive Lovely Bitcoin Breakout

by Index Investing News
May 23, 2025
0

Bitcoin (BTC) broke $111,000 yesterday, an all-time excessive. Supply: coingecko.com And since everybody is aware of I’m a crypto bull,...

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

by Index Investing News
May 24, 2025
0

Chicago Federal Reserve President Austan Goolsbee stated Friday that President Donald Trump's newest tariff threats have difficult coverage and certain...

Next Post
Who is Greg Becker, the head of failed Silicon Valley Bank? By Reuters

Who is Greg Becker, the head of failed Silicon Valley Bank? By Reuters

US worsening Syria’s ‘humanitarian disaster’ – China — RT World News

US worsening Syria’s ‘humanitarian disaster’ – China — RT World News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Home Depot sees comparable sales fall 2% as big-ticket demand lags (NYSE:HD)

Home Depot sees comparable sales fall 2% as big-ticket demand lags (NYSE:HD)

August 15, 2023
Iran parliament approves president’s complete cupboard, a primary since 2001 | Politics Information

Iran parliament approves president’s complete cupboard, a primary since 2001 | Politics Information

August 21, 2024
Banana Boat recollects scalp sunscreen spray for most cancers danger

Banana Boat recollects scalp sunscreen spray for most cancers danger

August 2, 2022
S&P 500 posts second straight week of losses as August pullback in U.S. stocks continues

S&P 500 posts second straight week of losses as August pullback in U.S. stocks continues

August 12, 2023
Second frisky feminine tiger viciously lays into her mate for exhibiting extra curiosity in looking then intercourse

Second frisky feminine tiger viciously lays into her mate for exhibiting extra curiosity in looking then intercourse

April 18, 2022
EU has to cease ‘lecturing’ creating world, says high official

EU has to cease ‘lecturing’ creating world, says high official

October 27, 2024
The Art and Science of Fitness | Fitness is a journey best started young

The Art and Science of Fitness | Fitness is a journey best started young

January 2, 2024
Prime Crypto to Put money into Proper Now January 11 – ONDO, Solana, Jupiter

Prime Crypto to Put money into Proper Now January 11 – ONDO, Solana, Jupiter

January 12, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In