Acadia Pharmaceuticals Provides Business and Pipeline Updates at 43rd Annual J.P. Morgan Healthcare Conference
14 Janeiro 2025 - 11:05AM
Business Wire
Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced
multiple business updates and progress on the Company's CNS and
rare disease drug candidates, which will be discussed today during
a presentation by Catherine Owen Adams, Chief Executive Officer, at
the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco,
CA.
“2025 is shaping up to be an exciting year as we build on the
success of our two growing brands, NUPLAZID and DAYBUE, which
together are projected to generate more than $1 billion in net
sales this year,” said Catherine Owen Adams, Chief Executive
Officer. “In addition to growing our strong commercial franchises,
we are laying the foundation for future growth through global
expansion and pipeline advancement. Today, we announced our
submission of a marketing authorization application for DAYBUE with
the European Medicines Agency and anticipate beginning Managed
Access Program–related sales in Europe as early as the second
quarter. We are also pleased to share updates on our R&D
pipeline—both today and at our first R&D Day in mid-2025—as our
lead programs near data readouts. By expanding our reach beyond the
U.S. and continuing to advance our pipeline, we believe Acadia is
poised for sustained top-line growth and increasing positive cash
flow.”
Key 2025-2026 Milestones:
- Announced today that the marketing authorization application
for DAYBUE™ has been submitted to the European Medicines Agency
(EMA) with expected approval in the first quarter of 2026.
- Initiation of Managed Access Programs in Europe in the second
quarter of 2025, potentially resulting in the Company’s first
revenues from outside the U.S.
- Enrollment of the last patient in the COMPASS PWS Phase 3 study
of ACP-101 in Prader-Willi Syndrome anticipated in the fourth
quarter of 2025, followed by top-line results announcement in the
first half of 2026.
- Enrollment of the last patient in the RADIANT Phase 2 study of
ACP-204 in Alzheimer’s disease psychosis expected in the first
quarter of 2026, followed by top-line results announcement in
mid-2026.
- Initiation of a Phase 2 study of ACP-204 for a second
indication in Lewy Body Dementia in the third quarter of 2025.
- The Company will host its first ever R&D Day in
mid-2025.
- Annual net sales for the full-year 2025 expected to exceed $1
billion for the first time in Company history.
Today’s presentation will take place at 9:00 a.m. Pacific Time /
12:00 p.m. Eastern Time. A live webcast of the presentation will be
accessible on the Company’s website, Acadia.com, under the
investors section and an archived recording will be available on
the website for approximately one month following the
presentation.
About Acadia Pharmaceuticals
Acadia is advancing breakthroughs in neuroscience to elevate
life. Since our founding we have been working at the forefront of
healthcare to bring vital solutions to people who need them most.
We developed and commercialized the first and only FDA-approved
drug to treat hallucinations and delusions associated with
Parkinson’s disease psychosis and the first and only approved drug
in the United States and Canada for the treatment of Rett syndrome.
Our clinical-stage development efforts are focused on Prader-Willi
syndrome, Alzheimer’s disease psychosis and multiple other programs
targeting neuropsychiatric symptoms in central nervous system
disorders. For more information, visit us at Acadia.com and follow
us on LinkedIn and X.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include all statements other than
statements of historical fact and can be identified by terms such
as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,”
“anticipates,” “believes,” “estimates,” “projects,” “predicts,”
“potential,” “continue” and similar expressions (including the
negative thereof) intended to identify forward-looking statements.
Forward-looking statements contained in this press release,
include, but are not limited to, statements about: (i) our business
strategy, objectives and opportunities, including support for and
innovations in our pipeline assets and business development
opportunities, and potential for enhanced shareholder value; (ii)
plans for, including timing, development and progress of
commercialization, and expected regulatory timelines for
trofinetide in the EU; (iii) plans for our pipeline, including the
timing and conduct of our clinical trials, anticipated enrollment
milestones and the timing and results of data from our clinical
trials; and (iv) our estimates regarding our future financial
performance, profitability and capital requirements, including our
full year 2024 financial guidance and potential achievement of our
milestone of annualized net sales in 2025. Forward-looking
statements are subject to known and unknown risks, uncertainties,
assumptions and other factors that may cause our actual results,
performance or achievements to differ materially and adversely from
those anticipated or implied by our forward-looking statements.
Such risks, uncertainties and other factors include, but are not
limited to: our dependency on the continued successful
commercialization of NUPLAZID® and DAYBUE and our ability to
maintain or increase sales of NUPLAZID or DAYBUE; our plans to
commercialize DAYBUE outside the U.S., including in Canada; the
costs of our commercialization plans and development programs, and
the financial impact or revenues from any commercialization we
undertake; our ability to obtain necessary regulatory approvals for
our product candidates and, if and when approved, market acceptance
of our products; the risks associated with clinical trials and
their outcomes, including risks of unsuccessful enrollment and
negative or inconsistent results; our dependence on third-party
collaborators, clinical research organizations, manufacturers,
suppliers and distributors; the impact of competitive products and
therapies; our ability to generate or obtain the necessary capital
to fund our operations; our ability to grow, equip and train our
specialized sales forces; our ability to manage the growth and
complexity of our organization; our ability to maintain, protect
and enhance our intellectual property; and our ability to continue
to stay in compliance with applicable laws and regulations. Given
the risks and uncertainties, you should not place undue reliance on
these forward-looking statements. For a discussion of these and
other risks, uncertainties and other factors that may cause our
actual results, performance or achievements to differ, please refer
to our quarterly report on Form 10-Q quarter ended September 30,
2024, filed with the SEC on November 7, 2024, available at
www.sec.gov. The forward-looking statements contained herein are
made as of the date hereof, and we undertake no obligation to
update them after this date, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250114304564/en/
Investor Contact: Acadia Pharmaceuticals Inc. Al Kildani (858)
261-2872 ir@acadia-pharm.com
Media Contact: Acadia Pharmaceuticals Inc. Deb Kazenelson (818)
395-3043 media@acadia-pharm.com
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