regulatory
confidence high
sentiment positive
materiality 0.90
FDA approves Amylyx's RELYVRIO for ALS; Phase 2 trial showed slowed physical decline
Amylyx Pharmaceuticals, Inc.
- FDA approved RELYVRIO (AMX0035) for adults with ALS based on Phase 2 CENTAUR trial in 137 participants that met primary efficacy endpoint.
- RELYVRIO significantly slowed loss of physical function vs placebo; can be used as monotherapy or with existing ALS treatments.
- Amylyx priced RELYVRIO below the latest FDA-approved ALS product; expects specialty pharmacies to start filling prescriptions within 4-6 weeks.
- Most common adverse events (>=15% and >=5% over placebo) were diarrhea, abdominal pain, nausea, and upper respiratory tract infection.
- Management to host investor conference call Sept 30 at 8:00 AM ET to discuss approval and commercial plans.