regulatory
confidence high
sentiment negative
materiality 0.80
Amylyx receives CHMP negative opinion for AMX0035 ALS approval in EU; will seek re-examination
Amylyx Pharmaceuticals, Inc.
- CHMP adopted negative opinion on conditional marketing authorisation for AMX0035 (ALBRIOZA) for ALS in EU.
- Company will request formal re-examination, a ~4-month process with new rapporteur and co-rapporteur.
- Topline results from global Phase 3 PHOENIX study expected mid-2024.
- ALS affects ~30,000 people in Europe; no new ALS innovations approved in EU in over 25 years.
- AMX0035 is approved in the U.S. and with conditions in Canada based on CENTAUR trial data.