- Drugs
- Wednesday, 04 Sep 2019
FDA Approves Harmony Biosciences' Sleep Disorder Drug
According to the recent studies performed in the field of narcolepsy therapeutics, combination therapy has emerged as a more effective solution for sleepiness in comparison to the efficiency exhibited by a single drug. In February 2019, Harmony Biosciences received the US Food and Drug Administration’s acceptance to prioritize the review for New Drug Application for Pitolisant intended to treat the excessive daytime sleepiness among adult patients suffering with narcolepsy with cataplexy. Pitolisant is an investigational first-in-class highly selective histamine receptor agonist/inverse agonist. The drug offers a novel option to treat the condition of both EDS and cataplexy for narcolepsy. The company aims to consider histamine as a potential lead molecule and prove its efficiency in improving the sleep-wake state instability. The booming studies on narcolepsy combination drugs are likely to be under the clinical trial phases within a few years. Recently, the new drug, Wakix, was approved as treatment for excessive daytime sleepiness associated with narcolepsy.
The major driving factors are rising prevalence of sleep related neurological disorders, emerging local pharmaceutical and biopharmaceutical companies, and increasing awareness regarding neurological disorders are expected to boost the market growth over the years. However, side effects and risks associated with the narcolepsy medications and delayed diagnosis and misdiagnosis of the disease are likely to pose a negative impact on the market growth.
Related Industry Updates
Johnson & Johnson Announces Collaboration with U.S. Department of Health & Human Services to Accelerate Development of a Potential Novel Coronavirus Vaccine
Feb 13, 2020
Augmenting Cases of Chronic Diseases has increased the usage of Radiopharmaceutical
Sep 06, 2019
OTC Drug and Dietary Supplement Market Outlook, Geographical Segmentation, Industry Size & Share, Comprehensive Analysis to 2027
Sep 09, 2020
Asia Pacific Pharmaceutical Drug Delivery Market is anticipated to grow during 2019-2027 with a CAGR value of 7.1%
Aug 04, 2020
How Coronavirus Pandemic Will Impact Asia Pacific Antibiotics Market? Industry Trends and Developments 2020-2027
Aug 29, 2020
Pulmonary Arterial Hypertension Market is expected to reach US$ 10,889.08 million by 2028
Jan 02, 2023
Clinical Trial Imaging Market is expected to reach US$ 2,480.32 million by 2028
May 23, 2023