Catalyst Pharmaceuticals Announces Sub-Licensee DyDo Pharma Launched FIRDAPSE® in Japan
21 Janvier 2025 - 2:19PM
Catalyst Pharmaceuticals, Inc. ("Catalyst" or "Company")
(Nasdaq: CPRX), a commercial-stage biopharmaceutical company
focused on in-licensing, developing, and commercializing novel
medicines for patients living with rare diseases, today reported
that its sub-licensee in Japan, DyDo Pharma, Inc., ("DyDo") has
launched FIRDAPSE® (amifampridine) Tablets 10 mg in Japan for the
indication of improving muscle weakness in patients living with
Lambert-Eaton myasthenic syndrome ("LEMS").
"We are pleased that our sub-licensee, DyDo, has
launched FIRDAPSE in Japan. We believe in health equity, and this
launch is a testament to our ongoing efforts to increase patient
access to life-changing therapies worldwide,” said Richard J. Daly,
Catalyst’s President and Chief Executive Officer. “The launch of
FIRDAPSE in Japan marks another advancement in our efforts to
expand the geographic footprint of our portfolio products and paves
the way for healthcare providers and patients in Japan to access
this therapy."
FIRDAPSE (amifampridine) is the only U.S. FDA
approved, evidence-based therapy for the treatment of LEMS in
adults and pediatric patients six years of age and older. LEMS is a
rare autoimmune disorder characterized by muscle weakness and
fatigue. As a cornerstone of Catalyst's commitment to serving those
with rare diseases, FIRDAPSE is supported in the U.S. by a
comprehensive patient support program to help ensure accessibility
and assistance for eligible U.S. patients.
About FIRDAPSE® (amifampridine)
Tablets 10 mgFIRDAPSE® (amifampridine) Tablets 10 mg
is an oral, nonspecific, voltage-dependent, potassium (K+) channel
blocker that causes depolarization of the presynaptic membrane and
slows or inhibits repolarization. This action results in the
opening of slow voltage-dependent calcium (Ca2+) channels, allowing
for a subsequent influx of Ca2+. In turn, it induces the exocytosis
of synaptic vesicles containing acetylcholine (ACh) to release more
ACh into the synaptic cleft, enhancing neuromuscular transmission
and providing for improved muscle function. Amifampridine phosphate
was granted orphan drug designation by the Ministry of
Health, Labor, and Welfare in Japan, and
FIRDAPSE has previously been approved for use in the
U.S. in adults and pediatric patients six years of age and
older and in Europe and Canada for the
treatment of adults with LEMS.
For Full Prescribing and Safety Information for
FIRDAPSE, please visit www.firdapse.com.
About DyDo PharmaDyDo Pharma is
the rare disease pharmaceutical wholly-owned subsidiary of DyDo
Group Holdings. DyDo Group Holdings, Inc. operates through the
following segments: Domestic Beverage Business, International
Beverage Business, Pharmaceutical-related Business, Food Business,
and Pharmaceutical Business. The Domestic Beverage Business
accounts for more than 60% of total sales (as of FY24, 1-3Q), and
beverages are sold through vending machines that are widely
prevalent in Japan. The Company was founded on January
27, 1975, and is headquartered in Osaka, Japan.
About Catalyst
PharmaceuticalsCatalyst Pharmaceuticals, Inc. (Nasdaq:
CPRX) is a biopharmaceutical company committed to improving the
lives of patients with rare diseases. With a proven track record of
bringing life-changing treatments to the market, we focus on
in-licensing, commercializing, and developing innovative therapies.
Guided by our deep commitment to patient care, we prioritize
accessibility, ensuring patients receive the care they need through
a comprehensive suite of support services designed to provide
seamless access and ongoing assistance. Catalyst maintains a
well-established U.S. presence while actively seeking to expand its
global commercial footprint through strategic partnerships.
Catalyst, headquartered in Coral Gables, FL., was recognized as one
of North America's Fastest-Growing Companies on the 2024 Deloitte
Technology Fast 500™ List.
For more information, please visit Catalyst's
website at www.catalystpharma.com.
Forward-Looking StatementsThis
press release contains forward-looking statements, as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties, which may cause Catalyst's actual results in future
periods to differ materially from forecasted results. A number of
factors, including (i) whether DyDo can successfully commercialize
FIRDAPSE in Japan, (ii) whether Catalyst's revenues derived in
future periods from its sub-license with DyDo will be material to
Catalyst, and (iii) those factors described in Catalyst's Annual
Report on Form 10-K for the fiscal year 2023, its Quarterly Report
on Form 10-Q for the fiscal quarter ended September 30, 2024, and
its other filings with the U.S. Securities and Exchange Commission
("SEC"), could adversely affect Catalyst. Copies of Catalyst's
filings with the SEC are available from the SEC, may be found on
Catalyst's website, or may be obtained upon request from Catalyst.
Catalyst does not undertake any obligation to update the
information contained herein, which speaks only as of this
date.Source: Catalyst Pharmaceuticals, Inc.
Investor Relations Contact:
Mary Coleman, Catalyst Pharmaceuticals, Inc.
(305) 420-3200
mcoleman@catalystpharma.com
Media Contact:
David Schull, Russo Partners
(858) 717-2310
david.schull@russopartnersllc.com
Catalyst Pharmaceuticals (NASDAQ:CPRX)
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