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Avadel Pharmaceuticals Misses Earnings Estimates But Posts 150% Sales Increase From Narcolepsy Drug LUMRYZ
Thursday, January 9, 2025 - 3:30am | 645Avadel Pharmaceuticals (NASDAQ:AVDL) slipped by 25.63% in after-hours on Wednesday after it missed the fourth quarter sales estimate by 5.12%. Still, the sales of its narcolepsy drug, LUMRYZ rose by 150% on an annual basis. What Happened: The preliminary earnings results for the fourth quarter...
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Takeda Discontinues Two Mid-Stage Narcolepsy Trials
Wednesday, October 6, 2021 - 5:54am | 347Takeda Pharmaceutical Company Limited (NYSE: TAK) has suspended dosing and has decided to stop Phase 2 studies evaluating TAK-994, an investigational oral orexin agonist. According to Takeda, TAK 994 was undergoing two Phase 2 trials for narcolepsy Type 1 with cataplexy and...
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Needham Initiates Coverage With Buy For This Narcolepsy Player
Thursday, September 23, 2021 - 1:37pm | 179Needham has initiated Avadel Pharmaceuticals Plc (NASDAQ: AVDL) coverage with a Buy rating and $17 price target. Analyst Ami Fadia sees an upside of almost 88%. The analyst tells investors that the Company's sodium oxybate launch and sales potential are "...
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Canada Approves Jazz Pharma's Excessive Daytime Sleepiness Med
Tuesday, August 31, 2021 - 11:47am | 264Health Canada has approved Jazz Pharmaceuticals plc's (NASDAQ: JAZZ) Sunosi (solriamfetol) for excessive daytime sleepiness (EDS) associated with narcolepsy or obstructive sleep apnea (OSA) in adult patients. Once-daily Sunosi is approved with doses of 75 mg and 150 mg....
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Takeda's Narcolepsy Candidate Gets FDA Breakthrough Therapy Tag
Wednesday, July 28, 2021 - 11:22am | 179The FDA has granted Breakthrough Therapy Designation to Takeda Pharmaceutical Company Limited's (NYSE: TAK) TAK-994 for excessive daytime sleepiness (EDS) in patients with narcolepsy type 1 (NT1). The oral orexin agonist is currently in Phase 2 study. EDS is a...
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NLS Pharma Stock Gains As Its Narcolepsy Candidate To Enter Mid-Stage Study Next Month
Thursday, July 15, 2021 - 8:56am | 224The FDA has accepted NLS Pharmaceutics Ltd's (NASDAQ: NLSP) Investigational New Drug application for Quilience (mazindol extended-release (mazindol ER), the Company's lead drug candidate, for the treatment of narcolepsy. The open IND enables NLS to initiate its Phase...
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New Study Data Confirms NLS Pharmaceutics' Mazindol Orexin Pathway Activation For Sleeping Disorder
Tuesday, May 18, 2021 - 1:29pm | 214NLS Pharmaceutics Ltd (NASDAQ: NLSP) has announced new study data which support the mechanism of action for mazindol, the active compound in the Company's lead product candidate to treat narcolepsy, Quilience. Narcolepsy is a chronic sleep disorder caused by a deficiency in...
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Avadel's Formulated Sodium Oxybate Shows Improved Sleepiness, Sleep Quality In Narcolepsy Patients
Monday, April 19, 2021 - 7:05am | 262Avadel Pharmaceuticals Plc (NASDAQ: AVDL) has announced the presentation of secondary endpoint data from the Phase 3 REST-ON trial evaluating FT218 once-nightly formulation of sodium oxybate (ON-SXB) for excessive daytime sleepiness and cataplexy in adults with narcolepsy....