regulatory
confidence high
sentiment positive
materiality 0.70
FDA grants Aquestive 7-year orphan drug exclusivity for Libervant in pediatric seizure clusters ages 2-5
Aquestive Therapeutics, Inc.
- FDA granted 7 years of orphan drug exclusivity to Libervant (diazepam) Buccal Film for treating seizure clusters in patients aged 2-5.
- Exclusivity extends to April 2031; FDA cited buccal route as major contribution to patient care vs rectal route.
- Libervant is the first and only FDA-approved orally administered rescue therapy for this pediatric population.
- Originally designated as orphan drug in 2016; ODE now granted following approval on April 26, 2024.