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						FDA declines to approve 
						Mallinckrodt's abuse-deterrent opioid painkiller 
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		[December 12, 2018]  
		(Reuters) - The U.S. Food and Drug 
		Administration has declined to approve an abuse-deterrent version of 
		Mallinckrodt Plc's opioid painkiller Roxicodone, saying some parts of 
		the company's application need further evaluation. | 
        
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			 The treatment is a reformulated version of the company's commonly 
			abused painkiller Roxicodone, intended to make the drug less 
			desirable and more difficult to be abused by snorting or injecting. 
 Mallinckrodt's shares fell 4.4 percent to $20.02 in premarket 
			trading on Wednesday.
 
 The decision comes after an advisory panel to the FDA voted 10-7 in 
			favor of the drug, saying it should be labeled as abuse deterrent 
			only by the nasal route.
 
 "While all the abuse deterrent properties of this medication are 
			perhaps not as robust as we might like, it is an important advance 
			over the existing formulation," Brian Bateman, a panel member who 
			had voted in favor of the drug's approval, had then said.
 
			
			 
			Mallinckrodt is one of the nation's largest manufacturers of 
			oxycodone - the most commonly abused prescription painkiller after 
			hydrocodone in 2016.
 The panel members, during the Nov. 14 meeting, also raised concerns 
			of Mallinckrodt's treatment creating the same problem as Endo 
			International Plc's reformulated Opana ER did.
 
 
			
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			Endo withdrew the drug from the market last year after postmarketing 
			data showed that while the rates of nasal abuse associated with 
			Opana fell, rates of intravenous abuse rose. (https://bit.ly/2QGXzS5)
 Mallinckrodt, Endo and other drugmakers including Johnson & Johnson 
			have been sued by state and local governments alleging the companies 
			of contributing to the national drug addiction epidemic through 
			their marketing and promotion of opioids.
 
 "We are evaluating the FDA's letter and will request a meeting in 
			the coming weeks to discuss it further," Matt Harbaugh, president of 
			the company's specialty generics unit said in a statement.
 
 (Reporting by Tamara Mathias and Saumya Sibi Joseph in Bengaluru; 
			Editing by Saumyadeb Chakrabarty)
 
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