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ZGNX > SEC Filings for ZGNX > Form 8-K on 16-Jul-2012All Recent SEC Filings

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Form 8-K for ZOGENIX, INC.


16-Jul-2012

Other Events


Item 8.01 Other Events.

On July 16, 2012, Zogenix, Inc. (the "Company" or "Zogenix") announced that the U.S. Food and Drug Administration (the "FDA") has accepted for review the New Drug Application ("NDA") for Zohydro™ (hydrocodone bitartrate extended-release capsules), the Company's lead investigational product candidate for the treatment of moderate to severe chronic pain. Under the Prescription Drug User Fee Act ("PDUFA"), the goal for a standard review of an NDA is 10 months from NDA submission, and the FDA has assigned a target action date of March 1, 2013 for the Zohydro NDA. Based on a recent discussion with the FDA, the Company anticipates the agency will convene an advisory committee for Zohydro during the PDUFA review period. The advisory committee provides the FDA with independent expert advice and recommendations; however, the final decision regarding approval is made by the FDA.

***

Zogenix cautions you that statements included in this report that are not a description of historical facts are forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "indicates," "will," "intends," "potential," "suggests," "assuming," "designed" and similar expressions are intended to identify forward-looking statements. These statements are based on the Company's current beliefs and expectations. These forward-looking statements include statements regarding the target action date for the FDA to complete its review of the Zohydro NDA. The inclusion of forward-looking statements should not be regarded as representation by Zogenix that any of its plans will be achieved. Actual results may differ from those set forth in this report due to the risk and uncertainties inherent in Zogenix's business, including, without limitation: the potential for the FDA to delay the PDUFA target action date of March 1, 2013 due to the FDA's internal resource constraints or other reasons; the uncertainty of the FDA approval process and other regulatory requirements; the top-line data Zogenix has reported for Zohydro is based on preliminary analysis of key efficacy and safety data, and such data may change following a more comprehensive review of the data related to the clinical trial, and may also change in connection with the continued review of such data as part of the FDA's review of the NDA for Zohydro; the potential for delays associated with any additional data required to be submitted by Zogenix in support of the NDA; the potential for Zohydro to receive regulatory approval on a timely basis or at all; the potential for adverse safety findings relating to Zohydro to delay or prevent regulatory approval or commercialization; and other risks described in the Zogenix's filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Zogenix undertakes no obligation to revise or update this report to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of
Section 21E of the Private Securities Litigation Reform Act of 1995.


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