regulatory
confidence high
sentiment negative
materiality 0.85
ARS Pharma receives FDA Complete Response Letter for neffy; plans appeal, resubmission H1 2024
ARS Pharmaceuticals, Inc.
- FDA CRL requests a repeat-dose PK/PD study in allergen-induced allergic rhinitis conditions for approval.
- Company will file a Formal Dispute Resolution Request to appeal the CRL; advisory committee voted 16-6/17-5 in favor May 2023.
- CRL also asks for nitrosamine impurity testing; company says not rate-limiting for resubmission.
- Resubmission expected first half 2024 with FDA action target second half 2024.
- Prior FDA alignment on the repeat-dose study as a post-marketing commitment; CRL now requires it for approval.