Axsome Therapeutics to Acquire Jazz Pharmaceuticals’ Sleep-Combating Drug Sunosi

Axsome Therapeutics to Acquire Jazz Pharmaceuticals’ Sleep-Combating Drug Sunosi

Jazz Pharmaceuticals agreed to divest its Sunosi (solriamfetol) drug to Axsome Therapeutics that includes an upfront payment of $53 million.

Sunosi is a dual-acting dopamine and norepinephrine reuptake inhibitor that has FDA and EU approval for treatment of excessive daytime sleepiness due to narcolepsy and obstructive sleep apnea.

Jazz earned $57.9 million from Sunosi sales in 2021, an increase of 104 percent from the previous year.

Solriamfetol, sold under the brand name Sunosi, is a medication used for the treatment of excessive sleepiness associated with narcolepsy and sleep apnea. It is derived from d-phenylalanine and its chemical name is (R)-2-amino-3-phenylpropylcarbamate hydrochloride. It is a norepinephrine–dopamine reuptake inhibitor (NDRI). Common side effects include headache, nausea, anxiety, and trouble sleeping.The drug was discovered by a subsidiary of SK Group, which licensed rights outside of eleven countries in Asia to Aerial Pharma in 2011.

March 29, 2022

https://www.fdanews.com/

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