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Stock impact report

Idorsia's insomnia drug works in late-stage clinical trial [Reuters]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Reuters
Idorsia's insomnia drug works in late-stage clinical trial ZURICH, April 20 (Reuters) - Swiss drugmaker Idorsia Ltd’s experimental insomnia drug daridorexant produced positive results in a late-stage clinical trial, the company said on Monday. The first pivotal phase-3 study investigating 25 and 50 mg doses of the dual orexin receptor antagonist in 930 adult and elderly patients showed it helped people fall asleep and stay asleep and improved their daytime performance, Idorsia said. It found no residual effect in the morning, and no evidence of rebound or withdrawal symptoms when treatment stopped, it added in a statement. “While we designed daridorexant to have the optimal profile for a sleep medicine, I am nonetheless stunned by the results,” Chief Executive Jean-Paul Clozel said. Clozel told Reuters in February he was sticking to plans to seek regulatory approval for daridorexant, also called DORA, this year and hoped for a worldwide launch at the close of 2021 or the start of 2022 Show less Read more
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