Horizon Pharma plc Receives European Commission Approval

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Horizon Pharma plc Receives European Commission Approval for RAVICTI(R) (glycerol phenylbutyrate) Oral Liquid for the Treatment of Urea Cycle Disorders in Patients Two Months of Age and Older

DUBLIN, IRELAND--(Marketwired - Nov 30, 2015) - Horizon Pharma plc ( NASDAQ : HZNP ), a biopharmaceutical company focused on improving patients' lives by identifying, developing, acquiring and commercializing differentiated and accessible medicines that address unmet medical needs, and its affiliate, Horizon Therapeutics Limited, today announced that the European Commission (EC) has adopted a binding decision to approve RAVICTI® (glycerol phenylbutyrate) Oral Liquid for use as an adjunctive therapy for chronic management of adult and pediatric patients two months of age and older with six subtypes of Urea Cycle Disorders (UCDs). This decision follows the Positive Opinion previously adopted on September  24, 2015 by the Committee for Medicinal Products for Human Use of the European Medicines Agency. The approval authorizes Horizon to market RAVICTI in all 28 Member States of the European Union (EU), and the Centralized marketing authorization will form the basis for recognition by the Member States of the European Economic Area (EEA), namely Norway, Iceland and Liechtenstein, for the product to be placed on the market.

As RAVICTI is a designated orphan medicinal product containing a new active substance, it will benefit from a period of 10 years of regulatory data/market protection with a possibility of extension to 11 years and a period of 10 years of orphan market exclusivity concurrently applied to each of the approved six sub-types of the UCDs.

UCDs are metabolic diseases that affect a specific enzyme or transporter of the urea cycle, causing heightened levels of ammonia in the blood stream. Symptoms of the disorder can begin at any age, with more severe defects beginning early in life. UCD patients may experience episodes, called hyperammonemic crises, when ammonia levels in the blood become excessively high, which can result in irreversible brain damage, coma or death.

"The approval of RAVICTI in the European Union and the European Economic Area represents a significant milestone for Horizon Pharma as we expand our business globally," said Timothy P. Walbert, chairman, president and chief executive officer, Horizon Pharma plc. "With this approval, we will now focus on developing country-by-country plans to make RAVICTI available to people with urea cycle disorders throughout Europe."

About RAVICTI® RAVICTI is now indicated for use in all 28 Member States of the EU and 3 Member States of the EEA as a nitrogen-binding agent for chronic management of adult and pediatric patients two months of age and older with UCDs who cannot be managed by dietary protein restriction and/or amino acid supplementation alone. RAVICTI must be used with dietary protein restriction and, in some cases, dietary supplements (e.g., essential amino acids, arginine, citrulline and protein-free calorie supplements). RAVICTI was approved by the U.S. Food and Drug Administration in February 2013 for chronic management of UCDs in adult and pediatric patients greater or equal to 2 years of age.

Important Safety Information

The most common side effects are abdominal pain, nausea, diarrhoea, and/or headache. The most frequently reported adverse reactions were diarrhoea, flatulence, and headache (8.8% each); decreased appetite (7.0%), vomiting (6.1%); and fatigue, nausea and, skin odour abnormal (5.3% each). These reactions usually disappear within a few days even if treatment is continued.

It is proposed that RAVICTI be prescribed by physicians experienced in the management of urea cycle disorders.

Detailed recommendations for the use of RAVICTI will be described in the summary of product characteristics (SmPC), which will be published in the European public assessment report (EPAR) and made available by the European Medicines Agency on its website in all official European Union languages after the marketing authorization has been granted by the European Commission.

About Horizon Pharma plc Horizon Pharma plc is a biopharmaceutical company focused on improving patients' lives by identifying, developing, acquiring and commercializing differentiated and accessible medicines that address unmet medical needs. The Company markets seven medicines through its orphan, primary care and specialty business units. Horizon's global headquarters are in Dublin, Ireland. For more information, please visit www.horizonpharma.com . Follow @HZNPplc on Twitter or view careers on our LinkedIn page.

Forward-Looking Statements   This press release contains forward-looking statements, including statements regarding the potential of RAVICTI to treat UCD patients, the periods of regulatory data/market protection and orphan market exclusivity attaching to the marketing authorization for RAVICTI in the EU/EEA and Horizon Pharma's strategy and plans to commercialize RAVICTI in Europe and continuing to expand its operations in the rest of the world. These forward-looking statements are based on management expectations and assumptions as of the date of this press release, and actual results may differ materially from those in these forward-looking statements as a result of various factors. These factors include risks regarding whether Horizon Pharma will be able to obtain adequate pricing and reimbursement and successfully commercialize RAVICTI in Europe or elsewhere outside of the United States, whether physicians outside of the United States will prescribe RAVICTI, the availability and acceptance of competing products, whether Horizon Pharma is able to maintain regulatory data and market protections and orphan exclusivity for RAVICTI in Europe, whether Horizon Pharma will be able to successfully execute its growth strategy outside of the United States, and other factors described in Horizon's filings with the United States Securities and Exchange Commission, including those factors discussed under the caption "Risk Factors" in those filings. Forward-looking statements speak only as of the date of this press release and Horizon does not undertake any obligation to update or revise these statements, except as may be required by law.

Contacts: Investors: John Thomas Executive Vice President, Strategy and Investor Relations Investor-relations@horizonpharma.com Tina Ventura Vice President, Investor Relations Investor-relations@horizonpharma.com U.S. Media Contact: Geoff Curtis Group Vice President, Corporate Communications media@horizonpharma.com Ireland Media Contact: Ray Gordon Gordon MRM ray@gordonmrm.ie

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Seatrium, Karpowership Wrap Landmark FSRU Partnership

Updated Category News Views 5

A Milestone in Global Energy Infrastructure Out of Admiralty Yard in Singapore comes a transformation saga that’s begging for attention. Seatrium Limited and Karpowership have pulled off something spectacular with their seventh and final Floating Storage and Regasification Unit (FSRU), LNGT Türkiye. It's not just another vessel hitting the waters—it's the bookend on...

Continue Reading
CATL Opens Europe's Largest Battery Service Hub

Updated Category News Views 5

A New Era for EV Batteries in Norway Stepping into Oslo's tech realm, CATL's grand opening is not just another corporate ribbon-cutting spree. It's a big splash in Europe's battery pool, boasting the largest NING SERVICE center outside of Asia. Here we are, folks, at the crossroads where the EV market meets the nitty-gritty of practical service. Norway's Electric...

Continue Reading
Alex Jones Returns to Austin: New Studio, New Plans

Updated Category News Views 7

Back in the Saddle: Austin's Controversy Stirs Again It looks like we're seeing a new chapter in a saga that just refuses to end. Alex Jones, the infamous firebrand who's plastered conspiracy theories across the airwaves for two decades, is returning to ground zero in Austin—the old InfoWars studio. After wading through bankruptcy muck and courtroom clashes, Jones is...

Continue Reading
Miguel Pantoja: Wiring a Second Chance Beyond Bars

Updated Category News Views 5

A Second Shot with Electric Dreams Miguel Pantoja, once on the rocky road of life choices, now lights up Northern California with his spark — quite literally. Walking out of federal prison, his mind was set as firmly as a bolt: first stop was a burger, second was a plan to transform his past into a new beginning. That path took him to UEI College in Sacramento, where...

Continue Reading
AMD CEO, Global Leaders Converge At IMPERIA Summit

Updated Category News Views 5

A Clash of Giants in New York The trade floors are buzzing in New York as the world's economic heavyweights and tech titans gather for the inaugural IMPERIA Summit. You can almost smell the pressure and ambition wafting through the streets when folks like AMD's CEO, Lisa Su, share the stage with geopolitical power players like President Trump and China's President Xi...

Continue Reading
Brands Must Choose: Cost or Value Leadership?

Updated Category News Views 6

Navigating the Business Jungle: Strategic Choices Unveiled If you've ever found yourself tangled in a web of corporate doublespeak, then you'll nod along with this: all those lofty brand management strategies often boil down to a fight over dollars or dizzying customer satisfaction. What's the winning play? According to Info-Tech Research Group, it's about firmly standing...

Continue Reading
BeyondCPG Accelerator Launches Seventh Growth Program

Updated Category News Views 4

Fresh Faces in Conscious Consumerism There's nothing quite like an early morning jolt of caffeine mixed with the buzz of innovation in the air. BeyondCPG, a heavyweight in the conscious products arena, has cracked open the doors to its seventh round of powerhouse brand-boosting with the launch of its new Accelerator Track 7. They're mixing heart with hustle to give...

Continue Reading
NORD Honors Innovators Shaping Rare Disease Treatment

Updated Category News Views 8

Saluting the Trailblazers in Rare Disease Space Alright, let's cut to it. In a world flooded with more rare diseases than most of us can count, about 10,000 of them, only a measly 5% have any kind of approved treatment. The National Organization for Rare Disorders (NORD) is out here celebrating the folks who dare to change that bleak outlook. With the 2026 Rare Impact...

Continue Reading
United Apartment Group's Leadership Revamp Signals Growth

Updated Category News Views 7

A Bold Leadership Expansion Big moves are afoot at United Apartment Group (UAG). They're not just refilling some roles here; they're rebooting their lineup with serious hitters—Woody Stone and Lenzie O’Connor are now steering the ship on business development and client services, eager to drive the company to new heights. Woody Stone: Fueled by Experience Stone isn't...

Continue Reading
VERTESS Tops Axial's 2026 Healthcare M&A Advisor List

Updated Category News Views 5

Strength Takes Top Spot in Healthcare M&A VERTESS has grabbed the gold medal in healthcare sell-side M&A, something that didn't just fall from the sky. Axial gave them the nod as the cream of the crop among the Top 50 Lower Middle Market Healthcare M&A Advisors for 2026. Evaluating the Strengths that Set VERTESS Apart When Axial, that private deal network that's all about...

Continue Reading

Top 5 Most Recently Viewed Articles

Unlocking Trading Success: The Math Advantage Guide Unveiled

Updated Category News Views 197

Trading Busters International Launches Educational Guide Trading Busters International, a renowned trading education and community platform, has recently released a new educational guide titled The Math Advantage: Why Smart Traders Ignore Charts and Win with Statistics & Probabilities. This guide is available at no cost to members of the Trading Busters community and...

Continue Reading
Neuberger Berman Fund Announces Exciting Monthly Distribution

Updated Category News Views 196

Monthly Distribution Announcement from Neuberger Berman Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE: NRO) has recently made an announcement regarding its month-to-month distribution plans. This decision is part of its regular distribution strategy, emphasizing its commitment to deliver consistent returns to its investors. Details of the Distribution The...

Continue Reading
Jaywing PLC Shareholder Circular Sees Key Code Updates

Updated Category News Views 94

Jaywing PLC Provides Update on Shareholder Circular Jaywing PLC has announced some significant updates to its shareholder circular, particularly concerning changes to the Takeover Code. This alteration aims to bring clarity to stakeholders in the ever-evolving framework of corporate governance. Details of the Amendment The recent changes were announced following a prior...

Continue Reading
Investors Alert: Claims Investigation for Warner Bros. Discovery

Updated Category News Views 101

Investors Encouraged to Act on Warner Bros. Discovery Claims Faruqi & Faruqi, LLP, a prominent name in securities law, has launched an investigation aimed at protecting investors of Warner Bros. Discovery (NASDAQ: WBD). If you have incurred losses of over $100,000, it is crucial to know your rights. Josh Wilson, a partner at the firm, is reaching out to those impacted to...

Continue Reading
High-Grade Glioma Market Set for Expansive Growth by 2036

Updated Category News Views 5

High-Grade Glioma Market: A Sweeping Overview When it comes to high-grade gliomas, we're talking aggressive brain tumors—no joke. This market's on the upswing, thanks to breakthroughs in diagnostics and treatments. Now, isn't that something? It's like this beast that's finally getting its chains rattled by advancements in targeted therapies, immunotherapies, and...

Continue Reading