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Pozen to file new drug application for PN 400
Chapel Hill, North Carolina | Friday, May 15, 2009, 08:00 Hrs  [IST]

Pozen Inc reported that AstraZeneca has made the decision to have Pozen file the New Drug Application (NDA) for PN 400 with the United States Food and Drug Administration (FDA). Pozen continues to target a mid-2009 NDA filing and expects to receive a milestone payment of $10 million when the NDA is formally accepted for submission by the FDA.

The license agreement executed with AstraZeneca in August 2006 established a phase-III clinical development programme for PN 400, an investigational compound, that combines the pain reliever naproxen (an NSAID) with esomeprazole magnesium, a proton pump inhibitor (PPI), to support a potential indication for the treatment of the signs and symptoms of osteoarthritis, rheumatoid arthritis and ankylosing spondylitis in patients who are at risk of developing gastric ulcers.

Pozen is a pharmaceutical company committed to developing therapeutic advancements for diseases with unmet medical needs where it can improve efficacy, safety, and/or patient convenience.

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