Market Overview

Attention Biotech Investors: Mark Your Calendar For These May PDUFA Action Dates

Attention Biotech Investors: Mark Your Calendar For These May PDUFA Action Dates

Even amid the thick of earnings season, biotech stocks sway to the din produced by catalytic events, which include PDUFA action dates.

Here's a rundown on the PDUFA dates scheduled for the month of May.

1. Will Second Time Be Charm For Portola?

  • Company: Portola Pharmaceuticals Inc (NASDAQ: PTLA)
  • Type of Application: BLA
  • Candidate: Andexanet alfa
  • Indication: A factor Xa inhibitor (anti-coagulants) reversal agent
  • Date: May 4

The FDA had issued a CRL for the pipeline candidate in August 2016. Following a resubmission, the agency set a revised PDUFA date of Feb. 2, 2018, which was extended by three months to give enough time to parse additional data from the ongoing ANNEXA-4 study.

2. Will FDA Go Against Panel Vote On Lipocine's Testosterone Deficiency Drug?

  • Company: Lipocine Inc (NASDAQ: LPCN)
  • Type of Application: NDA
  • Candidate: Tlando (LPCN 1021)
  • Indication: conditions associated with a deficiency of endogenous testosterone, aka hypogonadism
  • Date: May 8

The regulatory path for this testosterone replacement therapy has been rocky, as the FDA issued a CRL in June 2016, requesting additional information related to the dosing algorithm for the proposed label. Following a resubmission, the FDA accepted the application as a complete response and set a new PDUFA goal date of Feb. 8, which was subsequently extended by three months.

The company suffered another setback as an FDA panel, which met in January, voted 13-6 against the benefit/risk profile of Tlando.

3. Valeant Seeks FDA Clearance For Bowel Cleaning Drug

  • Company: Valeant Pharmaceuticals Intl Inc (NYSE: VRX)
  • Type of Application: NDA
  • Candidate: Plenvu,code named NER1006
  • Indication: bowel cleansing
  • Date: May 13

The FDA had accepted the NDA filed by Salix Pharma, which has since then been acquired by Valeant, in July 2017. In February, Salix said the FDA has extended the review period by three months.

Related Link: The Week Ahead In Biotech: PDUFA Dates, Clinical Trials, Merck And Pfizer Earnings On Tap

4. Can Amgen's Migraine Drug Pass The Muster?

  • Company: Novartis AG (ADR) (NYSE: NVS) and Amgen, Inc. (NASDAQ: AMGN)
  • Type of Application: BLA
  • Candidate: Aimovig (Erenumab)
  • Indication: Migraine
  • Date: May 17

The pipeline candidate, touted to be the first-and-only monoclonal antibody targeting the calcitonin gene-related peptide receptor, was accepted for review by the FDA in July 2017.

5. Dova's Drug to Treat Low Platelet Count

  • Company: Dova Pharmaceuticals Inc (NASDAQ: DOVA)
  • Type of Application: NDA
  • Candidate: Avatrombopag
  • Indication: Thrombocytopenia in chronic liver disease patients
  • Date: May 21

The FDA had accepted the NDA for avatrombopag in November 2017, while also giving it priority review status. The submission was based on two Phase 3 trials ADAPT 1 and ADAPT 2, in which the drug candidate met all primary and secondary end points.

Thrombocytopenia is a condition where the platelet count drops to low levels, causing internal bleeding.

6. Johnson & Johnson Unit Seeks FDA Nod For Partner Genmab's Cancer Drug

  • Company: Johnson & Johnson (NYSE: JNJ)'s Janssen unit & GENMAB A/S/S ADR (OTC: GMXAY)
  • Type of Application: sBLA
  • Candidate: Darzalex (Daratumumab)
  • Indication: Frontline multiple myeloma
  • Date: May 21

The FDA granted priority review status to the sBLA for darzalex in combination with bortezomib, melphalan and prednisone for treating patients with newly diagnosed multiple myeloma who are ineligible for autologous stem cell transplant.

7. Biomarin Knocks FDA Altar For Pegvaliase

  • Company: BioMarin Pharmaceutical Inc. (NASDAQ: BMRN)
  • Type of Application: BLA
  • Candidate: Pegvaliase
  • Indication: Phenylketonuria
  • Date: May 25

The NDA was accepted with a priority review status in August 2017, while the agency also sought additional information on chemistry, manufacturing and controls. The information, being a major amendment to the BLA, led to a three-month extension to the PDUFA action date.

Phenylketonuria is a disorder involving deficiency of phenylalanine hydroxylase, an enzyme needed for metabolism of an essential amino acid present in most protein-containing food. An accumulation of this amino acid in the blood is toxic to the brain.

8. Recro Gears For Gain For its Pain Medication

  • Company: Recro Pharma Inc (NASDAQ: REPH)
  • Type of Application: NDA
  • Candidate: intravenous meloxicam
  • Indication: Acute pain following bunionectomy surgery
  • Date: May 26

9. Amgen Seeks Approval for Expanded Use of Osteoporosis Drug

  • Company: Amgen
  • Type of Application: sBLA
  • Candidate: Prolia (denosumab)
  • Indication: Glucocorticoid-induced osteoporosis
  • Date: May 28

Glucocorticoid-induced osteoporosis is the most common form of secondary osteoporosis arising from the intake of Glucocorticoid medications used to treat inflammation. Prolia has already been approved for treating postmenopausal women with osteoporosis at high risk for fracture.

10. TherapeuticsMD Sets Out to Allay Safety Concerns for Yuvvexy

  • Company: TherapeuticsMD Inc (NASDAQ: TXMD)
  • Type of Application:
  • Candidate: Yuvvexy, code-named TX-004HR
  • Indication: moderate-to-severe vaginal pain
  • Date: May 29

The FDA issued a CRL for the company's original NDA filing in May 2017, seeking additional endometrial safety information. Following a resubmission, the FDA accepted it as a complete class 2 response in December 2017.


Related Articles (AMGN + BMRN)

View Comments and Join the Discussion!

Posted-In: Aimovig andexanet alfaBiotech News Previews FDA Top Stories Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at