ACADIA Pharmaceuticals

15.38

-0.7400-4.59%

Post-market: 15.400.0200+0.13%17:43 EDT

Volume:2.16M

Turnover:33.35M

Market Cap:2.57B

PE:11.31

High:15.97

Open:15.93

Low:15.28

Close:16.12

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Soleno jumps as analysts say US nod for rare disease drug transforms treatment options

Reuters

·

27 Mar

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The company expects to launch the drug in the United States in April 2025.Soleno’s Vykat XR, previously referred to as DCCR, is an innovative, once-daily, proprietary extended-release dosage form that contains diazoxide choline, the crystalline salt form of diazoxide. Although not approved for treating PWS, the parent molecule, diazoxide, treats a few rare diseases in neonates, infants, children and adults.Per the PWS Association USA, approximately one in every 15,000 newborns suffers from this rare genetic disorder. The most common symptom of PWS is hyperphagia, an abnormally increased appetite for food, often leading to excessive eating, which takes a serious toll on the quality of life of patients suffering from it. 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