Acadia Receives A Rubber Stamp From FDA On Nuplazid Risk-Benefit Profile [Seeking Alpha]
ACADIA Pharmaceuticals Inc. (ACAD)
Last acadia pharmaceuticals inc. earnings: 2/26 04:05 pm
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Source: Seeking Alpha
Summary The FDA issues a press release reaffirming that the risk-benefit profile for Nuplazid remains solid despite safety concerns. Nuplazied sales reached $57.1 million in Q2 2018, which is a 17% increase from the prior quarter. Nuplazid failed to achieve its main study goal for a phase 2 Alzheimer's psychosis study, therefore, Acadia chose to go after a broad psychosis disease population. Nuplazid targeting a broad range of psychosis diseases is highly promising because the FDA has already given it Breakthrough Therapy Designation. On Thursday, Acadia Pharmaceuticals ( ACAD ) stock closed higher by 26% to $19.11 per share on the back of a positive development from the FDA . This involves the prior safety issues that were brought up over patients being treated with Nuplazid. The final conclusion from the FDA proved that the drug was safe for patients to take. In addition, it was noted that the risk-benefit profile still remains ideal. That means that Nuplazid w
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ACAD
News
- Acadia Pharmaceuticals to Announce First Quarter Financial Results on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- Acadia Pharmaceuticals to Announce First Quarter Financial Results on May 8, 2024Business Wire
- Acadia Pharmaceuticals Announces Trofinetide New Drug Submission for Treatment of Rett Syndrome Has Been Accepted for Filing and Priority Review by Health Canada [Yahoo! Finance]Yahoo! Finance
- Acadia Pharmaceuticals Announces Trofinetide New Drug Submission for Treatment of Rett Syndrome Has Been Accepted for Filing and Priority Review by Health CanadaBusiness Wire
- Acadia Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)Business Wire
ACAD
Earnings
- 2/27/24 - Miss
ACAD
Sec Filings
- 4/15/24 - Form 3
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- ACAD's page on the SEC website