London, UK-based SkyePharma has completed enrolment of patients into the three double-blind efficacy trials currently underway for Flutiform (a formoterol and fluticasone combination in a metered-dose inhaler), its lead development product for the treatment of asthma.
The agent has seen several recent setbacks in its development. Shares in SkyePharma fell 16.3% to 18 pence on August 8, because the US Food and Drug Administration said that the New Drug Application for Flutiform would be delayed after the agency queried one particular aspect of the design of the clinical trial program (Marketletter August 13). But investors were encouraged by the latest news and the shares gained 3.7% to 13.75 pence on the day full enrollment was announced, December 18.
The three efficacy trials, involving nearly 1,400 patients, will provide core clinical data for the NDA to be filed with the FDA and will also support the European Marketing Authorization Application, the firm noted. The trials are scheduled to be fully completed in April 2008.
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