Shire: Exclusivity Granted To Lisdexamfetamine Dimesylate

Date : 10/26/2009 @ 3:35AM
Source : Dow Jones News
Stock : Shire (SHP)
Quote : 1185.0  13.0 (1.11%) @ 8:08AM
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Shire: Exclusivity Granted To Lisdexamfetamine Dimesylate

LONDON -(Dow Jones)- Shire PLC (SHP.LN), the global specialty biopharmaceutical company, said Monday that the Food and Drug Administration, or FDA, has affirmed its prior decision to grant five-year New Chemical Entity, or NCE, exclusivity to lisdexamfetamine dimesylate-currently marketed by Shire U.S. Inc. for the treatment of attention-deficit hyperactivity disorder under the name VYVANSE.

MAIN FACTS:

-The five-year exclusivity period for VYVANSE expires on Feb. 23, 2012.

-VYVANSE is covered by United States patents which remain in effect until June 29, 2023.

-On Feb. 23, 2007, after reviewing the requisite clinical studies submitted on behalf of VYVANSE, the FDA determined that VYVANSE qualified as a NCE and was entitled to five-year market exclusivity.

-The FDA therefore appropriately refused to file the Abbreviated New Drug Application submitted by Actavis Elizabeth, LLC (Actavis) for generic lisdexamfetamine dimesylate in January.

-On Feb. 24, Actavis sued the FDA in the District Court of the District of Columbia challenging the NCE decision.

-On April 13, the FDA opened a public docket to consider Actavis's challenge to the FDA's regulations governing NCE exclusivity and the corresponding award of exclusivity to VYVANSE.

-The court case was stayed pending the outcome of this FDA review.

-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com 
 
 
 

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