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Acadia Pharma's psychosis drug proven better than placebo in dementia patients [Reuters]

ACADIA Pharmaceuticals Inc. (ACAD) 
Last acadia pharmaceuticals inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Reuters
Acadia Pharma's psychosis drug proven better than placebo in dementia patients Dec 3 (Reuters) - Acadia Pharmaceuticals Inc said on Wednesday dementia patients taking its drug Nuplazid were nearly three times less prone to a psychotic relapse than those on placebo. The drugmaker’s late-stage trial testing Nuplazid, stopped in September after positive results, enrolled 392 patients aged 74.5 years on average. Patients on the drug experienced a 65% reduction rate in relapses of dementia-related psychotic episodes, the company said. Chief Executive Officer Stephen Davis said Acadia planned to meet with the U.S. regulator in the first half of next year to discuss filing for Nuplazid’s approval to include dementia-linked psychosis on its label. There are no FDA-approved treatments for the condition, characterized by hallucinations and delusions. The company estimates there are about 2.4 million dementia-related psychosis patients in the United States, about 70% of whom have Alzheimer’s. Ab Show less Read more
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