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FDA Calendar Updates: ARDM, BFRM, CRTX, MDT, Zogenix PDF  | Print |  E-mail
Written by Mike Havrilla   
Thursday, 16 July 2009 06:06

Below is a summary of updates to the BioMedReports.com FDA Calendar, which includes a database of 260 entries as of 7/16/09. The calendar was originally created by Mike Havrilla to track companies with pending new drug, biological agent, or medical device new product decisions at the FDA. With the launch of BioMedReports.com, the FDA Calendar has expanded to include the following categories: pending new submissions to the FDA (e.g. NDA, BLA, 510k, PMA, sNDA, sBLA filings), pending complete response letter (CRL) re-submissions to the FDA, and pending late-stage clinical trial results.

On 7/16/09, privately-held Zogenix, Inc. announced that it has received approval from the FDA for its New Drug Application (NDA) for Sumavel DosePro (sumatriptan injection) needle-free delivery system to treat acute migraine, with or without aura, and cluster headache. Sumavel DosePro is a first-of-its-kind needle-free delivery system for subcutaneous sumatriptan, a treatment that provides migraine relief within 10 minutes for some patients.

Subscribers to the BioMedReports.com FDA Calendar knew in advance that shares of Aradigm Corp. (OTC:ARDM) would move higher on an approval decision and ARDM.OB is currently trading up by over 20% this morning on about 2 million shares within 20 minutes of the market open. The entry for Aradigm in the FDA Calendar before today's decision is summarized below:

In August 2006, the Company sold all of its assets related to the Intraject needle-free injector technology platform and products Zogenix, which is responsible for further development and commercialization efforts of Intraject (now rebranded under the name DosePro). The Company received a $4.0 million initial payment from Zogenix, and it will be entitled to a milestone payment upon initial commercialization, and royalty payments upon commercialization of DosePro products with a PDUFA action date of 7/15/09 and planned product launch during 2H09.

On 7/16/09, Medtronic (NYSE:MDT) announced the submission of a Pre-Market Approval (PMA) application with the FDA for Medtronic Deep Brain Stimulation (DBS) Therapy for patients with medically refractory epilepsy with partial-onset seizures. These are patients who have uncontrollable seizures with little or no response to currently available anti-epileptic medications. Medtronic's PMA submission includes data from the SANTE (Stimulation of the Anterior Nucleus of the Thalamus in Epilepsy) prospective, randomized, double-blind pivotal clinical trial sponsored by Medtronic.

The study is still ongoing with some patients having received Medtronic DBS Therapy for more than four years. Medtronic DBS Therapy is currently approved by the FDA for the treatment of the disabling symptoms of essential tremor, advanced Parkinson's disease, dystonia, and chronic, severe, treatment-resistant obsessive-compulsive disorder and has been used in more than 60,000 people worldwide for these approved indications.

Shares of BioForm Medical (NASDAQ:BFRM) were soaring by over 30% during early trading on 7/16/09 following FDA marketing clearance for the Company's PMA supplemental application for its lead product Radiesse (a dermal filler type of wrinkle treatment) which is mixed with the local anesthetic lidocaine to decrease pain upon injection of the treatment. BFRM was previously featured in several articles as an FDA Extreme Trade at BioMedReports.

On 7/15/09, Cornerstone Therapeutics (NASDAQ:CRTX) announced that it has submitted a regulatory filing FDA for an extended-release anti-tussive product (CRTX 067). CRTX believes that its cough product may improve patient compliance by providing more convenient twice-daily dosing. According to data derived from Source Pharmaceutical Audit Suite during 2008 there were over 30 million prescriptions and nearly $1 billion dollars in sales generated for oral anti-tussives; however, most oral anti-tussive products that are currently marketed are in an immediate-release formulation (over 25 million prescriptions annually) requiring dosing every four to six hours, which can be inconvenient and adversely affect patient compliance.

Disclosure: No positions.




BiomedReports is not paid or compensated to report news and developments about publicly traded companies. Full disclosure can be read at the bottom of / About Us / Section

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Comments (6)add comment

Yellowshoes said:

...
Maybe you guys could contact Hemispherx or something. They have left investors hanging for the last two weeks (or even 2 months). Monday marks the two month delay... Maybe Hemispherx should, if they haven't already, contact the FDA. A timeline is necessary. One cannot just allow someone to set a date, break it, make a new promise and never follow through. Some say that contacting the FDA would be of no help to Hemispherx. But it has been two months and the FDA has not responded yet. How long can one hold that viewpoint? Let's say another month passes, then another, and maybe even a year... Should Hemispherx still not contact the FDA with questions???
 
July 16, 2009
Votes: +1

Peter said:

...
Maybe you guys could contact Hemispherx or something. They have left investors hanging for the last two weeks (or even 2 months). Monday marks the two month delay... Maybe Hemispherx should, if they haven't already, contact the FDA. A timeline is necessary. One cannot just allow someone to set a date, break it, make a new promise and never follow through. Some say that contacting the FDA would be of no help to Hemispherx. But it has been two months and the FDA has not responded yet. How long can one hold that viewpoint? Let's say another month passes, then another, and maybe even a year... Should Hemispherx still not contact the FDA with questions???
 
July 16, 2009
Votes: +5

Ryan Diedrich said:

...
Too bad ARDM was NOT on the "FDA Calendar!"
 
July 16, 2009
Votes: +0

Mike Havrilla said:

...
It was included in the FDA Calendar until the decision was announced today. Others were able to find it and have emailed me and posted about the entry on Aradigm's Yahoo! Finance message board.
 
July 16, 2009
Votes: +0

david snarski said:

...
this comment on HEB. I never see you guys mention it. I have heard the longer it takes, the better the chances, but this is getting ridiculous. What can possibly be taking this long, especially when the fda contacted them last year and said they did not have to call them with any more trial results
 
July 16, 2009
Votes: +2

Ryan Diedrich said:

...
Why did you take it off? Other info that is old is still included in the calendar.
 
July 21, 2009
Votes: +0

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Last Updated on Thursday, 16 July 2009 06:10
 

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