review of Zogenix’s
(NASDAQ:ZGNX) experimental drug for chronic pain on Friday will weigh the potential for abuse of the medicine.
The company’s Zohydro ER
is an extended-release capsule containing the painkiller hydrocodone. Zogenix applied for US approval of the drug in May for dosing every 12 hours. On Friday, a panel of expert advisers to the Food and Drug Administration will review the drug and make a recommendation on whether the treatment should be cleared for sale. The FDA is expected to make a decision by March 1.
Hydrocodone is one of the active ingredients in Vicodin. Like oxycodone, it is a narcotic and already considered by the government as a risk for drug abusers.
“If approved and marketed, Zohydro ER will be abused, possibly at a rate greater than that of currently available hydrocodone combination products,” FDA staff reviewers wrote in a report
for advisory committee members this week.
Shares of Zogenix dipped this week but the stock is still up 24% over the past six months, closing Thursday at $2.36.
for the draft questions for the advisory committee. The meeting begins at 8 a.m. ET Friday. It is webcast here
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