Evoke Pharma Receives Notices of Allowance for Two Additional US Patent Applications Protecting GIMOTI®
04 December 2024 - 12:30AM
Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical
company focused primarily on treatments for gastrointestinal (GI)
diseases with an emphasis on GIMOTI® (metoclopramide) nasal
spray, today announced that it has received notices of allowance
for two U.S. patent applications by the United States Patent and
Trademark Office, further expanding the company’s robust
intellectual property estate for its innovative GIMOTI®
(metoclopramide) nasal spray.
The two patent applications, U.S. 17/366,839 and U.S.
17/366,818, entitled “Nasal Formulations of Metoclopramide,”
provide Evoke with additional claims protecting the intranasal
administration of metoclopramide for the treatment of
gastroparesis. When issued, these patents will bolster the
Company’s position as the provider of the only FDA-approved,
non-oral, patient administered therapy for acute and recurrent
diabetic gastroparesis in the US. The two patents are expected to
be Orange Book listable and expire at the end of 2029.
One of the key challenges in treating gastroparesis is ensuring
effective drug absorption, as delayed stomach emptying often
compromises the efficacy of orally administered medications. GIMOTI
bypasses the GI tract, offering patients a reliable and effective
treatment option.
“These new patents further solidify GIMOTI’s position as a
groundbreaking therapy in the gastroparesis treatment landscape,”
said Matt D’Onofrio, CEO of Evoke Pharma. “GIMOTI remains the only
FDA-approved metoclopramide nasal spray, offering a novel solution
for patients with diabetic gastroparesis who face significant
challenges with oral medications. Data from patient support groups
show that many patients are unable to find relief with oral
therapies. Our most recent real-world head to data show that
patients can get relief with Gimoti. With no competing intranasal
products in development and a history of regulatory hurdles for
other therapies in this space, these patents reinforce GIMOTI’s
uniqueness and strengthen our ability to build an important market
product. We are proud to continue setting the standard for
innovation in gastroparesis treatment.”
About Evoke Pharma, Inc.
Evoke is a specialty pharmaceutical company focused primarily on
the development of drugs to treat GI disorders and diseases. The
company developed, commercialized and markets GIMOTI, a nasal spray
formulation of metoclopramide, for the relief of symptoms
associated with acute and recurrent diabetic gastroparesis in
adults.
Diabetic gastroparesis is a GI disorder affecting millions of
patients worldwide, in which the stomach takes too long to empty
its contents resulting in serious GI symptoms as well as other
systemic complications. The gastric delay caused by gastroparesis
can compromise absorption of orally administered medications. Prior
to our FDA approval to commercially market GIMOTI, metoclopramide
was only available in oral and injectable formulations.
Metoclopramide remains the only drug currently approved in the
United States to treat gastroparesis.
Visit www.EvokePharma.com for more information.
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About Gimoti® (metoclopramide) nasal spray
GIMOTI is indicated for the relief of symptoms in adults with
acute and recurrent diabetic gastroparesis. Important Safety
Information
WARNING: TARDIVE DYSKINESIA
- Metoclopramide can cause tardive
dyskinesia (TD), a serious movement disorder that is often
irreversible. The risk of developing TD increases with duration of
treatment and total cumulative dosage.
- Discontinue GIMOTI in patients who
develop signs or symptoms of TD. In some patients, symptoms may
lessen or resolve after metoclopramide is stopped.
- Avoid treatment with metoclopramide
(all dosage forms and routes of administration) for longer than 12
weeks because of the increased risk of developing TD with
longer-term use.
GIMOTI is not recommended for use in:
- Pediatric patients due to the risk
of developing tardive dyskinesia (TD) and other extrapyramidal
symptoms as well as the risk of methemoglobinemia in neonates.
- Moderate or severe hepatic
impairment (Child-Pugh B or C), moderate or severe renal impairment
(creatinine clearance less than 60 mL/minute), and patients
concurrently using strong CYP2D6 inhibitors due to the risk of
increased drug exposure and adverse reactions.
GIMOTI is contraindicated:
- In patients with a history of
tardive dyskinesia (TD) or a dystonic reaction to
metoclopramide.
- When stimulation of gastrointestinal
motility might be dangerous (e.g., in the presence of
gastrointestinal hemorrhage mechanical obstruction, or
perforation).
- In patients with pheochromocytoma or
other catecholamine-releasing paragangliomas. Metoclopramide may
cause a hypertensive/pheochromocytoma crisis, probably due to
release of catecholamines from the tumor.
- In patients with epilepsy.
Metoclopramide may increase the frequency and severity of
seizures.
- In patients with hypersensitivity to
metoclopramide. Reactions have included laryngeal and glossal
angioedema and bronchospasm.
Potential adverse reactions associated with metoclopramide
include: Tardive dyskinesia (TD), other extrapyramidal effects
(EPS), parkinsonism symptoms, motor restlessness, neuroleptic
malignant syndrome (NMS), depression, suicidal ideation and
suicide, hypertension, fluid retention, hyperprolactinemia, and
effects on the ability to drive and operate machinery. Most common
adverse reactions (≥5%) for GIMOTI are: dysgeusia, headache, and
fatigue. These are not all of the possible side effects of GIMOTI.
Call your doctor for medical advice about whether you should take
GIMOTI and the possible risk factors and side effects. You are
encouraged to report negative side effects of prescription drugs to
the FDA.
Visit www.fda.gov/medwatch or call 1-800-FDA-1088.
Safe Harbor Statement
Evoke cautions you that statements included in this press
release that are not a description of historical facts are
forward-looking statements. In some cases, you can identify
forward-looking statements by terms such as “may,” “will,”
“should,” “expect,” “plan,” “anticipate,” “could,” “intend,”
“target,” “project,” “contemplates,” “believes,” “estimates,”
“predicts,” “potential” or “continue” or the negatives of these
terms or other similar expressions. These statements are based on
the company’s current beliefs and expectations. These
forward-looking statements include statements regarding: guidance
regarding 2024 net product sales; potential future prescribing
trends for GIMOTI based on Evoke’s or EVERSANA’s marketing efforts;
Evoke’s commercialization plans, including the potential that
GIMOTI could become the standard of care for gastroparesis; the
potential for additional funds from the exercise of outstanding
warrants and Evoke’s expected cash runway. The inclusion of
forward-looking statements should not be regarded as a
representation by Evoke that any of its plans will be achieved.
Actual results may differ from those set forth in this press
release due to the risks and uncertainties inherent in Evoke’s
business, including, without limitation: Evoke may not be able to
achieve its guidance for 2024 including as a result of decreased
demand for GIMOTI; Evoke’s and EVERSANA’s ability to successfully
drive market demand for GIMOTI; Evoke’s ability to obtain
additional financing as needed to support its operations; Evoke may
use its capital resources sooner than expected; warrant holders may
choose not to exercise any of the outstanding warrants; Evoke’s
dependence on third parties for the manufacture of GIMOTI; Evoke is
entirely dependent on the success of GIMOTI; inadequate efficacy or
unexpected adverse side effects relating to GIMOTI that could
result in recalls or product liability claims; Evoke’s ability to
maintain intellectual property protection for GIMOTI; and other
risks and uncertainties detailed in Evoke’s prior press releases
and in the periodic reports it files 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 Evoke undertakes no obligation to revise or update
this press release 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 the Private Securities Litigation
Reform Act of 1995.
Investor & Media Contact:
Daniel Kontoh-Boateng
DKB Partners
Tel: 862-213-1398
dboateng@dkbpartners.net
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