Eton Pharmaceuticals Announces Extension of PDUFA Goal Date for ET-400
06 February 2025 - 10:50PM
Eton Pharmaceuticals, Inc (“Eton” or the “Company”) (Nasdaq: ETON),
an innovative pharmaceutical company focused on developing and
commercializing treatments for rare diseases, today announced that
the U.S. Food and Drug Administration (FDA) has extended the
Prescription Drug User Fee Act (PDUFA) goal date for the New Drug
Application (NDA) for ET-400. The new PDUFA goal date is May 28,
2025.
The Company was notified that the FDA requires additional time
to conduct a full review of supplemental information that was
provided in December in response to an FDA request. The FDA
communicated that it has applied a standard three-month extension
from the original goal date of February 28, 2025. Eton believes it
has fully addressed all questions from the FDA and there are no
outstanding requests.
“We are confident in the strength of our NDA package and look
forward to ensuring access to patients in need of this important
pediatric rare disease therapy immediately after FDA approval this
year. We do not expect this standard extension to significantly
affect our internal 2025 revenue projections,” said Sean
Brynjelsen, CEO of Eton Pharmaceuticals.
About Eton Pharmaceuticals
Eton is an innovative pharmaceutical company focused on
developing and commercializing treatments for rare diseases. The
Company currently has seven commercial rare disease products:
INCRELEX®, ALKINDI SPRINKLE®, GALZIN®, PKU GOLIKE®, Carglumic Acid,
Betaine Anhydrous, and Nitisinone. The Company has four additional
product candidates in late-stage development: ET-400, ET-600,
Amglidia®, and ZENEO® hydrocortisone autoinjector. For more
information, please visit our website at www.etonpharma.com.
Forward-Looking Statements
Statements contained in this press release regarding matters
that are not historical facts are “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements associated with the expected ability
of Eton to undertake certain activities and accomplish certain
goals and objectives. These statements include but are not limited
to statements regarding Eton’s business strategy, Eton’s plans to
develop and commercialize its product candidates, the safety and
efficacy of Eton’s product candidates, Eton’s plans and expected
timing with respect to regulatory filings and approvals, and the
size and growth potential of the markets for Eton’s product
candidates. Because such statements are subject to risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. Words such
as “believes,” “anticipates,” “plans,” “expects,” “intends,”
“will,” “goal,” “potential” and similar expressions are intended to
identify forward-looking statements. These forward-looking
statements are based upon Eton’s current expectations and involve
assumptions that may never materialize or may prove to be
incorrect. Actual results and the timing of events could differ
materially from those anticipated in such forward-looking
statements as a result of various risks and uncertainties, which
include, without limitation, risks associated with the process of
discovering, developing and commercializing drugs that are safe and
effective for use as human therapeutics, and in the endeavor of
building a business around such drugs. These and other risks
concerning Eton’s development programs and financial position are
described in additional detail in Eton’s filings with the
Securities and Exchange Commission. All forward-looking statements
contained in this press release speak only as of the date on which
they were made. Eton undertakes no obligation to update such
statements to reflect events that occur or circumstances that exist
after the date on which they were made.
Investor Relations:Lisa M. Wilson, In-Site
Communications, Inc.T: 212-452-2793E: lwilson@insitecony.com
Source: Eton Pharmaceuticals, Inc.
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