Thursday, January 8, 2015

Impax Pharmaceuticals Announce FDA Approval of RYTARY™ Extended-Release Capsules for the Treatment of Parkinson's Disease

See the full press release here.

Impax Pharmaceuticals, a division of Impax Laboratories, Inc. (NASDAQ: IPXL), today announced that the U.S. Food and Drug Administration (FDA) approved RYTARY, an extended-release oral capsule formulation of carbidopa-levodopa, for the treatment of Parkinson's disease, post-encephalitic parkinsonism, and parkinsonism that may follow carbon monoxide intoxication and / or manganese intoxication.

Impax Laboratories' President & CEO, Fred Wilkinson said "The FDA approval of RYTARY is an important new development for the treatment of Parkinson's disease and provides an extended-release carbidopa-levodopa product that treats Parkinson's disease. RYTARY is designed to address one of the most significant unmet needs for patients living with Parkinson's disease, which is to reduce the amount of time during the day when symptoms are not adequately controlled."

Today in America, there are approximately one million people living with this chronic disease. Because RYTARY contains both immediate release and extended release beads, it provides both initial and extended concentrations in a single dose - which reduces the time in which patients have uncontrolled symptoms.

Full press release.

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