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Avadel Pharmaceuticals

Avadel Pharmaceuticals logo
🇮🇪Ireland
Ownership
Public
Established
1990-01-01
Employees
154
Market Cap
$1.5B
Website
http://www.avadel.com
Introduction

Avadel Pharmaceuticals Plc engages in the development and commercialization of pharmaceutical products. Its main product is LUMRYZ is an extended-release formulation of sodium oxybate, which used in the treatment of cataplexy or EDS in adults with narcolepsy. The company was founded on July 21, 1990 and is headquartered in Dublin, Ireland.

globenewswire.com
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Avadel Pharmaceuticals Provides Corporate Update

Avadel Pharmaceuticals reports $50 million in LUMRYZ revenue, 2,300 patients on the drug, and FDA approval for pediatric use. The company also secured a court ruling affirming LUMRYZ's clinical superiority over twice-nightly oxybates and is progressing its Phase 3 REVITALYZ study.
sleepreviewmag.com
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Court Denies Jazz's Challenge of Avadel's Orphan Drug Lumryz

US court upholds FDA approval of Avadel Pharmaceuticals' Lumryz, a once-nightly oxybate for narcolepsy, rejecting Jazz Pharmaceuticals' challenge on orphan status and clinical superiority grounds. Lumryz retains orphan drug exclusivity and is deemed clinically superior to existing treatments.
investing.com
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Court upholds FDA approval of Avadel's narcolepsy drug LUMRYZ

Avadel Pharmaceuticals' LUMRYZ received a favorable court ruling affirming FDA approval, despite Jazz Pharmaceuticals' challenge under the Orphan Drug Act. LUMRYZ, the only once-at-bedtime oxybate treatment for narcolepsy, was also approved for pediatric use and demonstrated efficacy in clinical trials. Avadel anticipates operating income in Q3 2024, with analysts projecting over $600 million in sales by 2030. A study found 94% of participants preferred LUMRYZ over twice-nightly treatments.
morningstar.com
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Avadel Pharmaceuticals Announces Favorable Ruling in Administrative Procedure Act Litigation

Avadel Pharmaceuticals announced the U.S. District Court upheld the FDA's approval of LUMRYZ, a once-at-bedtime oxybate treatment for narcolepsy, against Jazz Pharmaceuticals' lawsuit. LUMRYZ retains its Orphan Drug Exclusivity.
neurologylive.com
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Special Episode: FDA Approves Sodium Oxybate for Pediatric Narcolepsy

The Mind Moments® podcast features Anne Marie Morse, DO, FAASM, discussing the FDA's approval of sodium oxybate for pediatric narcolepsy, emphasizing clinical considerations and cautious use.
medpagetoday.com
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Fast-Acting Novel Depression Tx; Lumryz Label Expanded; GLP-1s for Addiction?

SPN-820, an intracellular modulator of mTORC1, showed safety and efficacy in a phase IIa study for major depressive disorder. A Danish study found a 4.5-fold higher risk of sudden cardiac death in schizophrenic patients. The FDA expanded approval of sodium oxybate (Lumryz) for narcolepsy in children aged 7 and up. A cohort study identified eight forms of traumatic and adverse childhood experiences that affect psychiatric risk and cognitive ability differently. Mental illness may increase COVID-19 severity. GIP and/or GLP-1 receptor agonists reduced opioid overdose and alcohol intoxication rates in adults with opioid or alcohol use disorder. Lykos Therapeutics plans an additional phase III trial for MDMA-assisted PTSD therapy after FDA rejection. A psychiatrist recommends dementia tests for Donald Trump. Maternal prenatal cannabis use was not linked to child autism spectrum disorder. Over 2,400 Kaiser Permanente mental health workers went on strike in Southern California. Home-based transcranial direct current stimulation improved depression scores in a phase II trial. A Lancet Psychiatry Commission aims to limit harms of problematic internet usage. The FCC voted to route 988 Suicide and Crisis Lifeline calls by geolocation.

Lumryz Receives Expanded Indication and Was Shown to Improve Narcolepsy Symptoms

FDA approved Lumryz for treating cataplexy or excessive daytime sleepiness in narcolepsy patients aged ≥7, expanding from adults only. Clinical trials showed significant improvements in wakefulness, condition, and reduced cataplexy episodes, regardless of alerting agents use. Lumryz offers a single bedtime dose, with Orphan Drug Exclusivity until 2031, but carries a Boxed Warning for CNS depression and misuse risks.

Weekly review: sodium oxybate approval, highlights from IDWeek 2024

FDA approves sodium oxybate for pediatric narcolepsy; GLP-1 receptor agonists linked to reduced suicidal ideation in obese adolescents; Matthew Davis discusses pediatric health themes; TMS improves depressive symptoms and anxiety in adolescents; Melissa Fickey explains TMS therapy for MDD.
healio.com
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FDA OKs supplemental NDA for Lumryz in patients aged 7 years and older with narcolepsy

FDA approves Lumryz, a once-daily extended-release therapeutic, for cataplexy or excessive daytime sleepiness in narcolepsy patients aged 7 years and older, based on the REST-ON study results.
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