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ARTICLE: Panel OKs Expanded Uses For Cephalon Drug
Panel OKs expanded uses for Cephalon drug John George 4:29 PM EDT Thursday A Food and Drug Administration advisory committee on Tuesday recommended expanding the approved uses for Cephalon Inc.'s narcolepsy drug Provigil. The FDA's Peripheral and Central Nervous System Drugs Advisory Committee stopped short of approving Cephalon's request to market the drug generally for any disorders linked to sleeping disorders. Instead, the panel recommended expanding the drug's label to include its use in treating daytime sleepiness associated with shift work and sleep apnea. The FDA, which almost always follows the recommendations of its advisory committees, will review the panel's finding and is expected to determine the precise language of the modified label for Provigil before the end of the year. Frank Baldino, Cephalon's chairman and CEO, said the company plans to expand its sales force in order to call on a broader range of doctors, including generalists, once the expanded label is in place. The company now primarily markets Provigil to sleep specialists and neurologists. Nasdaq temporarily suspended trading of Cephalon's stock pending the outcome of the committee meeting. After trading resumed, Cephalon's stock climbed $1.23 per share and closed at $46.90. Provigil is already widely prescribed by doctors for off-label uses such a treating fatigue in patients with sleep apnea, Parkinson's disease, multiple sclerosis, chronic-fatigue syndrome and depression. Sales of Provigil are expected to top $300 million this year. SOURCE: American City Business Journals / Philadelphia Business Journal, PA * * * ---------------------------------------------------------------------- To sign-off Parkinsn send a message to: mailto:listserv@xxxxxxxxxxxxxxxxxxxx In the body of the message put: signoff parkinsn
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