NasdaqGS:ALKSBiotechs
Alkermes (ALKS) Is Up 6.8% After FDA Breakthrough Tag for Narcolepsy Drug Candidate Alixorexton - What's Changed
Alkermes plc recently announced that the FDA granted Breakthrough Therapy designation to alixorexton, its investigational oral orexin 2 receptor agonist, for treating narcolepsy type 1, based on positive phase 1 and phase 2 data from the Vibrance-1 trial.
This designation spotlights alixorexton’s potential to address persistent unmet needs in narcolepsy type 1 and could accelerate development of Alkermes’ broader orexin agonist program across sleep-related disorders.
With alixorexton now...