The SUNBEAM study evaluated two doses (1 mg and 0.5 mg) of oral
ozanimod in 1,346 patients with RMS in 20 countries treated for at least one year.
Celgene Corporation (NASDAQ: CELG) is under continued stock pressure Wednesday after the U.S. Food and Drug Administration rejected its New Drug Application for
ozanimod in the treatment of relapsing multiple sclerosis.
Celgene Corporation (NASDAQ: CELG) shares plummeted 10 percent Tuesday evening after the U.S. Food and Drug Administration rejected its New Drug Application for
ozanimod in the treatment of relapsing multiple sclerosis.
It acquired Receptos last year for $ 7.2 billion, gaining hold of promising experimental multiple sclerosis and ulcerative colitis drug
ozanimod in the process.
Not exact matches
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and / or misleading statements and / or failed to disclose that (1) the trials for GED - 0301 suffered from fatal design defects, such that GED - 0301 had failed to demonstrate meaningful clinical efficacy; (2) the growth of Otezla sales had dramatically slowed during Celgene's third fiscal quarter of 2017; and (3) the clinical and nonclinical pharmacology data in Celgene's new drug application («NDA») for Ozanimod were insufficient to permit a complete review by the FDA, which resulted in the FDA issuing a refusal to file letter to Celgene regarding the ND
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and / or misleading statements and / or failed to disclose that (1) the trials for GED - 0301 suffered from fatal design defects, such that GED - 0301 had failed to demonstrate meaningful clinical efficacy; (2) the growth of Otezla sales had dramatically slowed during Celgene's third fiscal quarter of 2017; and (3) the clinical and nonclinical pharmacology data
in Celgene's new drug application («NDA») for Ozanimod were insufficient to permit a complete review by the FDA, which resulted in the FDA issuing a refusal to file letter to Celgene regarding the ND
in Celgene's new drug application («NDA») for
Ozanimod were insufficient to permit a complete review by the FDA, which resulted
in the FDA issuing a refusal to file letter to Celgene regarding the ND
in the FDA issuing a refusal to file letter to Celgene regarding the NDA.
That market, however, could become more challenging if competing drugs, including Celgene's
ozanimod, shine
in late - stage studies.
BTIG said
in a note on Friday it is disappointed with the performance of Celgene Corporation (NASDAQ: CELG)'s mongersen and
ozanimod.
The design and development of
ozanimod stems from basic research pursued
in the TSRI laboratories of Rosen, Professor Edward Roberts, Ph.D., and Professor Michael B.A. Oldstone, M.D..
Ozanimod demonstrated a significant reduction
in new or enlarging T2 lesions over one year for 1 mg (48 percent, p < 0.0001) and 0.5 mg (25 percent, p = 0.0032) compared with IFN.
Ozanimod blocks sources of inflammation
in RMS by acting as a sphingosine 1 - phosphate 1 (S1PR1) receptor agonist.
A significant reduction
in gadolinium - enhanced MRI lesions at 1 year was also demonstrated for
ozanimod 1 mg (63 percent, p < 0.0001) and
ozanimod 0.5 mg (34 percent, p = 0.0182) compared with IFN.
The RADIANCE Part B study evaluated two doses (1 mg and 0.5 mg) of oral
ozanimod compared with IFN
in 1,320 patients with RMS
in 21 countries treated for two years.
Ozanimod is a novel, oral, selective sphingosine 1 - phosphate 1 (S1PR1) and 5 (S1PR5) receptor modulator, and was compared to the first - line treatment, Avonex ® (interferon beta - 1a)(IFN),
in patients with relapsing multiple sclerosis (RMS).
Patients
in the study were randomized to
ozanimod 0.5 mg, 1.0 mg, or placebo.