financetom
Business
financetom
/
Business
/
Catalyst Says Health Canada Accepts New Drug Submission for Potential Neuromuscular Disease Treatment
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Catalyst Says Health Canada Accepts New Drug Submission for Potential Neuromuscular Disease Treatment
Apr 8, 2025 6:20 AM

08:45 AM EDT, 04/08/2025 (MT Newswires) -- Catalyst Pharmaceuticals ( CPRX ) said Tuesday that Health Canada has accepted the new drug submission for AGAMREE submitted by its sublicensee, Kye Pharmaceuticals.

The application was granted priority review status, which could accelerate approval before the end of the year.

AGAMREE is a treatment intended for Duchenne muscular dystrophy.

If accepted, AGAMREE would become the first approved treatment in Canada specifically for the neuromuscular disease, the company said.

The US Food and Drug Administration approved the drug in October 2023, which became commercially available in the US in March 2024, Catalyst said.

Shares of Catalyst were up 8% in recent premarket activity Tuesday.

Price: 23.55, Change: +1.74, Percent Change: +7.98

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Frontera Reports Lower EPS YOY In Q4 2023; Initiates Quarterly Dividend
Frontera Reports Lower EPS YOY In Q4 2023; Initiates Quarterly Dividend
Mar 8, 2024
07:33 AM EST, 03/08/2024 (MT Newswires) -- Frontera Energy Corp. ( FECCF ) reported overnight Thursday a diluted EPS of US$1.04 in the fourth quarter of 2023, falling year over year from US$2.25. Net sales dropped to US$232.2 million from US$237.6 million as total production was down to 39,267 barrels of oil equivalent per day (boe/d) from 41,806 boe/d. For...
Goodyear Tire & Rubber to Close Malaysia Plant on June 30
Goodyear Tire & Rubber to Close Malaysia Plant on June 30
Mar 8, 2024
07:24 AM EST, 03/08/2024 (MT Newswires) -- Goodyear Tire & Rubber ( GT ) plans to close its plant in Malaysia on June 30 as part of a restructuring program that targets $1 billion in cost reductions by 2025, according to reports published as early as Thursday. Reuters cited the company and Malaysia's investment promotion agency in its report. In...
Numinus Wellness Notes MindMed's
Numinus Wellness Notes MindMed's "Positive" Results from Phase 2B Clinical Trials of MM120 for Generalized Anxiety Disorder
Mar 8, 2024
07:40 AM EST, 03/08/2024 (MT Newswires) -- Numinus Wellness Inc. ( NUMIF ) , a mental health care company advancing behavioral health treatments, on Friday noted positive data generated from Mind Medicine in its Phase 2b clinical trial of MM120 (lysergide d-tartrate) for the treatment of generalized anxiety disorder. The study removed variables such as additional medications and psychotherapy so...
US military lifts grounding of V-22 Osprey, three months after fatal Japan crash
US military lifts grounding of V-22 Osprey, three months after fatal Japan crash
Mar 8, 2024
TOKYO, March 8 (Reuters) - U.S. Naval Air Systems Command has issued a flight clearance for the V-22 Osprey, three months after the military aircraft was grounded following a fatal crash in Japan, the U.S. Forces Japan and Japan's defence ministry said on Friday. The return to flight timeline for the V-22 in Japan continues to be closely coordinated between...
Copyright 2023-2026 - www.financetom.com All Rights Reserved