Theravance Says FDA Grants Orphan Drug Designation Status to Ampreloxetine
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Dow Jones
By Josh Beckerman
Theravance Biopharma said Tuesday that the Food and Drug Administration granted Orphan Drug Designation status to ampreloxetine for treatment of symptomatic neurogenic orthostatic hypotension in patients with multiple system atrophy.
The company said it is "diligently progressing" its registrational Phase 3 study of ampreloxetine, a once-daily norepinephrine reuptake inhibitor.
Theravance shares rose 5 cents during the regular session to $11.38 and were flat after hours.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
May 09, 2023 18:43 ET (22:43 GMT)
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