Supernus Pharmaceuticals (NASDAQ:SUPN) is trading 12.6% down premarket after the U.S. Food and drug Administration declined to approve its apomorphine infusion device, SPN-830, to treat motor fluctuations in Parkinson’s disease.
The FDA has asked the company for additional information and analysis related to the infusion device and drug product, including labeling, product quality and manufacturing, device performance and risk analysis.
The FDA also mentioned that approval of the marketing application also required inspections that could not be completed in a timely manner due to COVID-19 travel restrictions.
Supernus said it will continue to work closely with the FDA to address all questions, and provide clarity regarding the potential timing of a resubmission of the NDA (New Drug Application)
The Company’s application in response to the CRL will now be subject to a Class 2, or six-month, review timeline..