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Tuesday, February 19, 2019

Assertio Therapeutics announces FDA acceptance for filing of 505 NDA

Assertio Therapeutics announced that it has received notification of acceptance for filing from the FDA for its 505 new drug application for its injectable formulation of long-acting cosyntropin. The company, together with its partner West Therapeutic Development, seeks approval for the use of this product as a diagnostic drug in the screening of patients presumed to have adrenocortical insufficiency. The Prescription Drug User Fee Act goal date for the completion of the FDA’s review of long-acting cosyntropin is set for October 19. This date reflects a standard 10-month review period and is consistent with management’s expectations for the 505 filing.

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