LAVAL, QC, July 20 /CNW/ - Labopharm Inc. (TSX: DDS; NASDAQ: DDSS) today
announced it has received a complete response letter from the U.S. Food and
Drug Administration (FDA) for the new drug application (NDA) submission of its
novel formulation of the antidepressant trazodone.
The letter indicates Labopharm's application cannot be approved in its
present form due to deficiencies following an FDA inspection of the active
pharmaceutical ingredient (API) manufacturing facility, which was completed
July 3, 2009. The FDA letter states: "Satisfactory resolution of these
deficiencies is required before this application may be approved." No efficacy
or safety issues were raised.
The API manufacturer, Angelini, has informed Labopharm that, further to
the FDA's complete response letter to Labopharm, in which the FDA raises
observations concerning the Drug Master File (DMF) holder in the section
"Facility Inspections", Angelini can confirm that the observations raised by
the FDA are not critical and that it has not been questioned about the
continued supply of trazodone hydrochloride to the U.S. market. Angelini
intends to address the observations raised by the FDA in an action plan that
Angelini is going to submit to the FDA by July 24, 2009.
"We intend to work closely with the FDA and Angelini to resolve these
issues as rapidly as possible," said James R. Howard-Tripp, President and
Chief Executive Officer, Labopharm Inc. "We continue to prepare for the
commercialization of our novel antidepressant and intend to launch in the U.S.
market as soon as possible after we receive approval."
The Company will provide further information regarding the timing of its
response to the FDA when available.
Labopharm submitted the NDA for its novel formulation of trazodone in
September 2008. The NDA is based on data from five pivotal pharmacokinetic
studies and the positive results from its North American Phase III
placebo-controlled clinical trial (study 04ACL3-001), which enrolled more than
400 patients. The results of this study are found in the May 2009 issue of
Psychiatry (Edgemont) (Volume 6, Number 5) (www.psychiatrymmc.com).
About Labopharm Inc.
Labopharm is an emerging leader in optimizing the performance of existing
small molecule drugs using its proprietary controlled-release technologies.
The Company's lead product, a unique once-daily formulation of tramadol, is
now available in 17 countries around the world, including the U.S., Canada,
major European markets and Australia. The Company's second product, a novel
formulation of trazodone for the treatment of major depressive disorder, is
under regulatory review in the U.S. by the FDA. The Company also has a robust
pipeline of follow-on products in both pre-clinical and clinical development.
Labopharm's vision is to become an integrated, international, specialty
pharmaceutical company with the capability to internally develop and
commercialize its own products. For more information, please visit
www.labopharm.com.
This press release contains forward-looking statements, which reflect the
Company's current expectations regarding future events. The forward-looking
statements involve risks and uncertainties. Actual events could differ
materially from those projected herein and depend on a number of factors,
including the uncertainties related to the regulatory process in various
countries for the approval of the Company's products and the successful
commercialization of the products throughout the world if they are approved.
Investors should consult the Company's ongoing quarterly filings and annual
reports for additional information on risks and uncertainties relating to
these forward-looking statements. The reader is cautioned not to rely on these
forward-looking statements. The Company disclaims any obligation to update
these forward-looking statements.