June 25 (Reuters) - The U.S. Food and Drug
Administration has declined to approve AbbVie's ( ABBV ) therapy
for patients with Parkinson's disease due to problems at a
third-party manufacturer, the company said on Tuesday, marking
the second rejection for the treatment.
AbbVie ( ABBV ) added the FDA had not identified issues with the
therapy's safety or efficacy and did not request additional
trials.
The therapy ABBV-951 is a version of carbidopa-levodopa, the
standard of care for the disease. It is administered
subcutaneously, or under the skin, through an infusion pump in
order to improve patients' motor functions.
The therapy was being tested to treat patients with advanced
Parkinson's disease which causes muscle rigidity and slowness of
movement.
The so-called complete response letter was issued due to
"observations that were identified during inspection of a
third-party manufacturer", the company said.
A complete response letter is issued by the FDA indicating
the company's marketing application will not be approved by the
agency in its current form.
Last year, the regulator declined to approve the therapy and
requested additional information on the device used to
administer the treatment.
If approved, analysts estimate $619.67 million in sales for
ABBV-951 in 2026, according to LSEG data.
AbbVie ( ABBV ) said it continues to work with the FDA to bring the
therapy to patients in the United States.
Shares of the company are down marginally in early trade.