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    Newron Re-Submits US NDA for Xadago® (Safinamide)

    Chelsea Pratt
    Sep. 22, 2016 01:19AM PST
    Biotech Investing

    Newron Pharmaceuticals, a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central nervous system and pain, and its partners Zambon S.p.A. and US WorldMeds, LLC, announced today that Newron has re-submitted the New Drug Application (NDA) for Xadago® (safinamide) to the US Food and Drug Administration FDA.

    Newron Pharmaceuticals S.p.A. (“Newron”) (SIX: NWRN), a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central nervous system (CNS) and pain, and its partners Zambon S.p.A. and US WorldMeds, LLC, announced today that Newron has re-submitted the New Drug Application (NDA) for Xadago® (safinamide) to the US Food and Drug Administration FDA.
    As previously reported, the FDA communicated to Newron in a meeting in
    July that clinical studies to evaluate the potential abuse liability or
    dependence/withdrawal effects of Xadago® were no longer required. The
    meeting had been scheduled following the March 29, 2016 Complete
    Response Letter (CRL) by the FDA. The FDA agreed that the re-submission
    did not require any new data/studies/analyses for efficacy or safety in
    patients with Parkinson’s disease. As a class 2 resubmission, the FDA is
    expected to complete its review of the re-submission within 6 months of
    acceptance.
    About Xadago® (safinamide)
    Safinamide is a new chemical
    entity with a unique mode of action, including selective and reversible
    MAO-B-inhibition and blocking of voltage dependent sodium channels,
    which leads to modulation of abnormal glutamate release. Clinical trials
    have established its efficacy in controlling motor symptoms and motor
    complications in the short term, maintaining this effect over 2 years.
    Results from 24 month double-blind controlled studies suggest that
    safinamide shows statistically significant effects on motor fluctuations
    (ON/OFF time) without increasing the risk of developing troublesome
    dyskinesia. This effect may be related to its dual mechanism acting on
    both the dopaminergic and the glutamatergic pathways. Safinamide is a
    once-daily dose and has no diet restrictions due to its high MAO-B/MAO-A
    selectivity. Zambon has the rights to develop and commercialize Xadago®
    globally, excluding Japan and other key territories where Meiji Seika
    has the rights to develop and commercialize the compound. The rights to
    develop and commercialize Xadago® in the USA have been granted to US
    WorldMeds, by Zambon.
    References:
    Two-year,
    randomized, controlled study of safinamide as add-on to levodopa in mid
    to late Parkinson’s disease
    .
    Borgohain, Rupam; Szasz, Jozsef;
    Stanzione, Paolo; Meshram, Chandrashekhar; Bhatt, Mohit H et al. (2014)
    Movement
    disorders : official journal of the Movement Disorder Society
    vol.
    29 (10) p. 1273-80.
    Anand R: Safinamide is associated with
    clinically important improvement in motor symptoms in fluctuating PD
    patients as add-on to levodopa (SETTLE). 17th International Congress of
    Parkinson’s Disease and Movement Disorders, Sydney, Australia, June
    16-20, 2013.
    About Parkinson’s disease
    PD is the second most common
    chronic progressive neurodegenerative disorder in the elderly after
    Alzheimer’s disease, affecting 1-2% of individuals aged ≥ 65 years
    worldwide. The prevalence of the PD market is expected to grow in the
    next years due to the increase in the global population and advancements
    in healthcare that contribute to an aging population at increased risk
    for PD. The diagnosis of PD is mainly based on observational criteria of
    muscular rigidity, resting tremor, or postural instability in
    combination with bradykinesia. As the disease progresses, symptoms
    become more severe. Early-stage patients are more easily managed on
    L-dopa. L-dopa remains as the most effective treatment for PD, and over
    75% of the patients with PD receive L-dopa. However, long term treatment
    with L-dopa leads to seriously debilitating motor fluctuations, i.e.
    phases of normal functioning (ON-time) and decreased functioning
    (OFF-time). Furthermore, as a result of the use of high doses of L-dopa
    with increasing severity of the disease, many patients experience
    involuntary movements known as L-dopa-Induced Dyskinesia (LID). As the
    disease progresses, more drugs are used as an add-on to what the patient
    already takes, and the focus is to treat symptoms while managing LID and
    the “off-time” effects of L-dopa. Most current therapies target the
    dopaminergic system that is implicated in the pathogenesis of PD, and
    most current treatments act by increasing dopaminergic transmission that
    leads to amelioration of motor symptoms.
    References:
    BMC Oertel. European Handbook of Neurological
    Management, Vol1, Chapter 14 & 15, 2011.
    NICE PD guideline,
    2006.
    About Newron Pharmaceuticals
    Newron (SIX: NWRN) is a
    biopharmaceutical company focused on the development of novel therapies
    for patients with diseases of the central nervous system (CNS) and pain.
    The Company is headquartered in Bresso near Milan, Italy. Xadago®
    (Safinamide) has received marketing authorization for the treatment of
    Parkinson’s disease in the European Union and Switzerland and is
    commercialized by Newron’s Partner Zambon. US WorldMeds holds the
    commercialization rights in the US. Meiji Seika has the rights to
    develop and commercialize the compound in Japan and other key Asian
    territories. In addition to Xadago® for Parkinson’s disease, Newron has
    a strong pipeline of promising treatments for rare disease patients at
    various stages of clinical development, including sarizotan for patients
    with Rett syndrome and ralfinamide for patients with specific rare pain
    indications. Newron is also developing NW-3509 as the potential first
    add-on therapy for the treatment of patients with positive symptoms of
    schizophrenia.
    For more information, please visit: www.newron.com
    About US WorldMeds, LLC
    US WorldMeds is a specialty
    pharmaceutical company dedicated to developing, licensing and
    commercializing unique specialty pharmaceuticals that address unmet
    medical needs or overcome limitations of existing products. Through
    sound science and targeted commercialization, the Kentucky-based company
    continually strives to identify specialty and orphan products for
    diseases with limited patient populations. US WorldMeds’ portfolio
    includes Revonto® (dantrolene sodium for injection) for the
    treatment of malignant hyperthermia, MYOBLOC®
    (rimabotulinumtoxinB) Injection for the treatment of cervical dystonia
    in adults, APOKYN® (apomorphine hydrochloride injection) for
    the acute, intermittent treatment of hypomobility, “off” episodes
    associated with advancing Parkinson’s disease and CORGARD (nadolol) for
    the long-term management of patients with angina pectoris and for the
    management of hypertension. In addition, US WorldMeds has a full
    pipeline of products under development including the non-narcotic drug
    product (Lofexidine) for the treatment of opiate withdrawal symptoms.
    For more information about US WorldMeds, visit www.usworldmeds.com.
    About Zambon
    Zambon is a leading Italian pharmaceutical and
    fine-chemical multinational company that has earned a strong reputation
    over the years for high quality products and services. Zambon is
    well-established in 3 therapeutic areas: respiratory, pain and woman
    care, and is very strongly committed to its entry into the CNS space.
    Zambon SpA produces high quality products thanks to the management of
    the whole production chain which involves Zach (Zambon chemical), a
    privileged partner for API, custom synthesis and generic products. The
    Group is strongly working on the treatment of the chronic respiratory
    diseases as asthma and BPCO and on the CNS therapeutic area with Xadago®
    (safinamide) for the Parkinson treatment. Zambon is headquartered in
    Milan and was established in 1906 in Vicenza. Zambon is present in 19
    countries with subsidiaries and almost 2,700 employees with
    manufacturing units in Italy, Switzerland, France, China and Brazil.
    Zambon products are commercialized in 84 countries.
    For details on
    Zambon please see: www.zambongroup.com
    Important Notices
    This document contains forward-looking statements, including (without
    limitation) about (1) Newron’s ability to develop and expand its
    business, successfully complete development of its current product
    candidates and current and future collaborations for the development and
    commercialisation of its product candidates and reduce costs (including
    staff costs), (2) the market for drugs to treat CNS diseases and pain
    conditions, (3) Newron’s anticipated future revenues, capital
    expenditures and financial resources, and (4) assumptions underlying any
    such statements. In some cases these statements and assumptions can be
    identified by the fact that they use words such as “will”, “anticipate”,
    “estimate”, “expect”, “project”, “intend”, “plan”, “believe”, “target”,
    and other words and terms of similar meaning. All statements, other than
    historical facts, contained herein regarding Newron’s strategy, goals,
    plans, future financial position, projected revenues and costs and
    prospects are forward-looking statements. By their very nature, such
    statements and assumptions involve inherent risks and uncertainties,
    both general and specific, and risks exist that predictions, forecasts,
    projections and other outcomes described, assumed or implied therein
    will not be achieved. Future events and actual results could differ
    materially from those set out in, contemplated by or underlying the
    forward-looking statements due to a number of important factors. These
    factors include (without limitation) (1) uncertainties in the discovery,
    development or marketing of products, including without limitation
    negative results of clinical trials or research projects or unexpected
    side effects, (2) delay or inability in obtaining regulatory approvals
    or bringing products to market, (3) future market acceptance of
    products, (4) loss of or inability to obtain adequate protection for
    intellectual property rights, (5) inability to raise additional funds,
    (6) success of existing and entry into future collaborations and
    licensing agreements, (7) litigation, (8) loss of key executive or other
    employees, (9) adverse publicity and news coverage, and (10)
    competition, regulatory, legislative and judicial developments or
    changes in market and/or overall economic conditions. Newron may not
    actually achieve the plans, intentions or expectations disclosed in
    forward-looking statements and assumptions underlying any such
    statements may prove wrong. Investors should therefore not place undue
    reliance on them. There can be no assurance that actual results of
    Newron’s research programmes, development activities, commercialisation
    plans, collaborations and operations will not differ materially from the
    expectations set out in such forward-looking statements or underlying
    assumptions. Newron does not undertake any obligation to publicly
    up-date or revise forward looking statements except as may be required
    by applicable regulations of the SIX Swiss Exchange where the shares of
    Newron are listed.This document does not contain or constitute an offer
    or invitation to purchase or subscribe for any securities of Newron and
    no part of it shall form the basis of or be relied upon in connection
    with any contract or commitment whatsoever.

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