Avadel Pharmaceuticals Announces Favorable Ruling in Administrative Procedure Act Litigation
Avadel Pharmaceuticals plc - Ordinary Share (AVDL)
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Source: GlobeNewswire
DUBLIN, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Avadel Pharmaceuticals plc (Nasdaq: AVDL), a biopharmaceutical company focused on transforming medicines to transform lives, announced that yesterday, the U.S. District Court for the District of Columbia (“Court”) ruled in favor of the Food and Drug Administration (“FDA”) in a suit brought by Jazz Pharmaceuticals Inc. (“Jazz”) under the Administrative Procedure Act regarding the FDA’s approval of LUMRYZTM, the first and only once-at-bedtime oxybate treatment for cataplexy or excessive daytime sleepiness in adults with narcolepsy. With this ruling, the approval of LUMRYZ is upheld based on the FDA’s determination that LUMRYZ is clinically superior to Jazz’s twice-nightly oxybate products. Following the FDA’s final approval and grant of Orphan Drug Exclusivity (“ODE”) to LUMRYZ in May 2023, Jazz filed a complaint against the FDA claiming that LUMRYZ’s approval was not in alignment with the Orphan Drug Act. Avadel CNS Pharmaceuticals, LL
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