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| ARNA > SEC Filings for ARNA > Form 8-K on 22-Jan-2013 | All Recent SEC Filings |
22-Jan-2013
Other Events
In March 2012, we filed a Marketing Authorization Application, or MAA, through the Centralized Procedure with the European Medicines Agency, or EMA, for the marketing approval of BELVIQ® (lorcaserin HCl) in the European Union, or EU. The proposed indication for BELVIQ in the EU is as an adjunct to diet and exercise for weight control in patients over the age of 18 years old who are obese (BMI ³ 30 kg/m2), or are overweight (BMI>27 kg/m2) with associated risk factor(s), such as hypertension, dyslipidemia, cardiovascular disease, type 2 diabetes, or sleep apnea.
We have received the Day 180 List of Outstanding Issues from the EMA's Committee for Medicinal Products for Human Use, or CHMP. The issues will need to be addressed before the CHMP can recommend BELVIQ for marketing approval in the EU. The major objections relate to previously identified non-clinical and clinical issues, including tumors in rats, valvulopathy and psychiatric events, and the CHMP requests that we further justify BELVIQ's overall benefit-risk balance taking these issues into consideration.
In accordance with the CHMP's process, we have been asked to address the issues in writing. The CHMP also plans to consult with independent experts who will provide recommendations on the outstanding issues. In addition to the written response, we have been invited by the CHMP to provide an oral explanation.
The CHMP is expected to reach its final opinion on the BELVIQ MAA by Day 210, which we continue to expect in the first half of 2013.
Forward-Looking Statements
Certain statements in this Form 8-K are forward-looking statements that involve
a number of risks and uncertainties. Such forward-looking statements include
statements about the therapeutic indication, safety, efficacy, EMA marketing
approval and potential of BELVIQ; and the EMA regulatory process, including with
respect to our responses and other activities, further review and discussions by
and between the CHMP, independent experts, us and others, recommendations by
independent experts, the CHMP reaching a final opinion and related timing. For
such statements, we claim the protection of the Private Securities Litigation
Reform Act of 1995. Actual events or results may differ materially from our
expectations. Factors that could cause actual results to differ materially from
the forward-looking statements include, but are not limited to, the following:
the timing and outcome of regulatory review is uncertain, and BELVIQ may not
receive marketing approval from any other regulatory agency or any such approval
may include significant limitations on the indicated uses, distribution,
marketing and other limitations with respect to BELVIQ; risks related to
commercializing drugs, including regulatory, manufacturing and supply issues and
the pace of market acceptance; cash and revenues generated from BELVIQ,
including the impact of competition; government and commercial reimbursement and
pricing decisions; risks related to relying on collaborative arrangements; the
timing and receipt of payments and fees, if any, from collaborators; the entry
into or
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