• News
  • SAN DIEGO
  • BioTech

Neurocrine surges on drug study results

Neurocrine Biosciences (Nasdaq: NBIX) said Monday that one of its experimental drugs helped reduce the symptoms of tardive dyskinesia, an illness that causes involuntary movements and spasms, in a mid-stage clinical trial.

The company's shares surged $5.79, or 59 percent, to $15.55 in aftermarket trading.

Neurocrine said its drug, NBI-98854, worked better than a placebo in the six-week study.

Physicians who treated the patients rated the patients' symptoms, and they said 67 percent of patients were “much improved” or “very much improved” after six weeks, compared to 16 percent of patients in the placebo group.

The San Diego company wants to have a meeting with the Food and Drug Administration about design of a late-stage study. It wants to file a proposed study in the first half of the year.

Neurocrine Biosciences Inc. has no products on the market. Its most advanced drug candidate is elagolix, a treatment for endometriosis, or excessive growth of the uterine lining, and for uterine fibroids, or benign growths in the uterus. AbbVie Inc. is conducting late-stage studies of the drug.

Leave Your Comment

Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.

SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.

User Response
0 UserComments

Leave Your Comment

Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.

SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.