Lundbeck wins U.S.
backing that may extend use of anti-depressant
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[February 04, 2016]
COPENHAGEN (Reuters) - Denmark's
Lundbeck said on Thursday a U.S. Food and Drug Administration (FDA)
committee had recommended that its anti-depression drug Brintellix can
add improved cognitive functions to its information leaflet, a first of
its kind.
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Though not bound to follow the Committee's recommendation, the FDA
is likely to follow it, analysts said.
"Lundbeck will be the only product on the market with a leaflet on
cognitive effects. FDA is increasing its focus on this area, which
means doctors also will," brokerage Alm. Brand wrote in a note to
clients.
Brintellix, developed with Japan's Takeda, was approved to treat
adult depression by U.S. regulators in 2013, and has since been
approved in 64 countries.
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Chief Executive Kaare Schultz told Reuters last year he expected
Brintellix to become a blockbuster drug that would help the company
swing to a profit in 2016.
The FDA is expected to make a decision by March 28.
By 0826 GMT (3.26 p.m. EDT) shares in Lundbeck traded 10.3 percent
higher for the day, while the benchmark Copenhagen index OMXC20CAP
was up 1.1 percent.
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(Reporting by Annabella Pultz Nielsen, editing by Terje Solsvik)
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