Knight Therapeutics Announces Filing of New Drug Submission for Qelbree® (viloxazine) in Canada
December 16 2024 - 4:30PM
Knight Therapeutics Inc. (TSX: GUD) ("Knight"), a pan-American
(ex-USA) specialty pharmaceutical company, announced today that
Knight's New Drug Submission (NDS) for
Qelbree®
(viloxazine extended-release capsules) has been accepted for review
by Health Canada.
Qelbree® is a novel nonstimulant
medication for the treatment of Attention-Deficit Hyperactivity
Disorder (ADHD).
Knight entered into an agreement in December
2023 with Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN) for the
exclusive rights to commercialize Qelbree® in
Canada. Qelbree® is commercially available in the
United States as a prescription medicine to treat ADHD in patients
6 years of age and older. Based on the results of 4 pivotal
trials,1-4 Qelbree® was approved by the US Food
and Drug Administration in April 2021 for the treatment of ADHD in
children 6-17 years of age and in April 2022 for the treatment of
ADHD in adults.
Qelbree® is currently being
studied in several clinical trials5, the first of which is in
combination with psychostimulants for the treatment of children and
adolescents with ADHD (positive topline results reported in
September 20236). A second clinical trial7 in preschool-age
children with ADHD was initiated in March 2024. A third clinical
trial9 is studying the impact of Qelbree® on
adults with ADHD and co-morbid mood symptoms.
“We are excited to announce the submission of
Qelbree® in Canada, a novel nonstimulant treatment
for ADHD, that offers a new treatment option for patients,” said
Samira Sakhia, President and Chief Executive
Officer of Knight. “This innovative therapy addresses an important
need for those who may not respond well to traditional stimulants
or have had a suboptimal response to first-time medication,
providing a new option for improved management of ADHD. With the
submission of Qelbree®, we continue to further
strengthen our ADHD portfolio, offering a range of products
designed to meet the diverse needs of patients.”
According to IQVIA Canada, the total Canadian
market of non-stimulant ADHD products was $83.5M in 2023.
Prescriptions in the Canadian non-stimulant ADHD market grew 10% in
2023 versus 2022 and grew at a CAGR of 11% over the last 4 years,
according to IQVIA.
About
ADHD8
ADHD is a chronic, often lifelong,
neurodevelopmental disorder that affects both children and adults.
The estimated prevalence of ADHD is 5-9% in children and
adolescents and 3-5% in adults. 8 The disorder is characterized by
symptoms of inattention, hyperactivity, and impulsivity that
can significantly impact an individual's ability to function
in daily life. Although patients’ symptoms of ADHD can change over
time, they will generally require continued monitoring and
treatment over their lifetime. Current pharmacotherapies for ADHD
include amphetamine or methylphenidate-based psychostimulants as
well as long-acting non-psychostimulant options. However, not all
patients respond to existing therapies. As a result, there remains
a significant medical need for additional treatment options for
patients with ADHD.
About Knight Therapeutics
Inc.
Knight Therapeutics Inc., headquartered in
Montreal, Canada, is a specialty pharmaceutical company focused on
acquiring or in-licensing and commercializing pharmaceutical
products for Canada and Latin America. Knight’s Latin American
subsidiaries operate under United Medical, Biotoscana Farma and
Laboratorio LKM. Knight Therapeutics Inc.'s shares trade on TSX
under the symbol GUD. For more information about Knight
Therapeutics Inc., please visit the company's web site at
www.knighttx.com or www.sedarplus.ca.
Forward-Looking Statements for
Knight
This document contains forward-looking
statements for Knight Therapeutics Inc. and its subsidiaries. These
forward-looking statements, by their nature, necessarily involve
risks and uncertainties that could cause actual results to differ
materially from those contemplated by the forward-looking
statements. Knight Therapeutics Inc. considers the assumptions on
which these forward-looking statements are based to be reasonable
at the time they were prepared but cautions the reader that these
assumptions regarding future events, many of which are beyond the
control of Knight Therapeutics Inc. and its subsidiaries, may
ultimately prove to be incorrect. Factors and risks which could
cause actual results to differ materially from current expectations
are discussed in Knight Therapeutics Inc.'s Annual Report and in
Knight Therapeutics Inc.'s Annual Information Form for the year
ended December 31, 2023, as filed on www.sedarplus.ca. Knight
Therapeutics Inc. disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information or future events, except as required by law.
CONTACT INFORMATION FOR KNIGHT:
Investor Contact: |
|
|
Knight Therapeutics Inc. |
|
|
Samira Sakhia |
|
Arvind Utchanah |
President & Chief Executive
Officer |
|
Chief Financial Officer |
T: 514.484.4483 |
|
T. +598.2626.2344 |
F: 514.481.4116 |
|
|
Email: IR@knighttx.com |
|
Email: IR@knighttx.com |
Website: www.knighttx.com |
|
Website: www.knighttx.com |
References:
- Nasser A et al.
(2020). A Phase III, Randomized, Placebo-controlled Trial to Assess
the Efficacy and Safety of Once-daily SPN-812 (Viloxazine
Extended-release) in the Treatment of
Attention-deficit/Hyperactivity Disorder in School-age Children.
Clinical Therapeutics, 42(8), 1452-1466. DOI:
https://doi.org/10.1016/j.clinthera.2020.05.021
- Nasser A et al.
(2021). Once-Daily SPN-812 200 and 400 mg in the treatment of ADHD
in School-aged Children: A Phase III Randomized, Controlled Trial.
Clinical Therapeutics, 43(4), 684-700. DOI:
https://doi.org/10.1016/j.clinthera.2021.01.027
- Nasser A et al.
(2021). A Phase 3, Placebo-Controlled Trial of Once-Daily
Viloxazine Extended-Release Capsules in Adolescents With
Attention-Deficit/Hyperactivity Disorder. Journal of Clinical
Psychopharmacology, 41(4), 370-380. DOI:
10.1097/JCP.0000000000001404
- Nasser A et al.
(2022). A Phase III, Randomized, Double‑Blind, Placebo‑Controlled
Trial Assessing the Efcacy and Safety of Viloxazine
Extended‑Release Capsules in Adults with
Attention‑Defcit/Hyperactivity Disorder. CNS Drugs, 36(8), 897-915.
DOI: https://doi.org/10.1007/s40263-022-00938-w
- US National
Library of Medicine. (2021, March 8 - ). Open-label study of
SPN-812 administered with psychostimulants in children and
adolescents with ADHD (ADHD). Identifier NCT04786990.
https://clinicaltrials.gov/study/NCT04786990
- Supernus
Announces New Qelbree® Data Showing Improvement in ADHD Symptoms.
(2023, September 10). Retrieved from
https://ir.supernus.com/node/13856/pdf
- US National
Library of Medicine. (2021, March 4 - ). Evaluation of SPN-812
(viloxazine extended-release capsule) in preschool-age children
with ADHD. Identifier NCT04781140.
https://clinicaltrials.gov/study/NCT04781140
- CADDRA -
Canadian ADHD Resource Alliance. (2020). Canadian ADHD Practice
Guidelines, 4.1 Edition.
https://adhdlearn.caddra.ca/wp-content/uploads/2022/08/Canadian-ADHD-Practice-Guidelines-4.1-January-6-2021.pdf
- US National
Library of Medicine. (2024, August 15 - ). Open-label Safety and
Efficacy of SPN-812 (Viloxazine Extended-release Capsule) in Adults
With ADHD and Mood Symptoms. Identifier NCT06185985.
https://clinicaltrials.gov/study/NCT06185985?intr=Qelbree&rank=1
Supernus Pharmaceuticals (NASDAQ:SUPN)
Historical Stock Chart
From Nov 2024 to Dec 2024
Supernus Pharmaceuticals (NASDAQ:SUPN)
Historical Stock Chart
From Dec 2023 to Dec 2024