Headline Event - Transcept hoping for a dream approval
Source EP Vantage
Company Transcept PharmaceuticalsAlexza PharmaceuticalsOrexoPurdue PharmaSomaxon Pharmaceuticals 
Date October 22, 2009
 

With the PDUFA date for its lead product on October 30, hopefully Transcept Pharmaceuticals’ management team will not be experiencing too many wakeful nights over the prospects for the approval for their sleep disorder drug, Intermezzo.

Unlike the majority of sleep aids currently on the market, which focus on trying to get insomniacs to sleep, Intermezzo targets people who have no trouble falling asleep, but suffer from nocturnal waking. At present there are no approved products for this specialist indication, making it a very attractive niche opportunity. Zacks investment research has placed a $500m peak sale value on the drug and estimates royalties to Transcept of $97m by 2014.

 

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