Investing
US FDA approves Biogen-Sage Therapeutics pill for postpartum depression
© Reuters
(Reuters) -The U.S. Food and Drug Administration on Friday approved Biogen (NASDAQ:) and Sage Therapeutics’ oral pill to treat postpartum depression (PPD (NASDAQ:)) in adults.
The companies had sought the FDA’s approval for the drug, Zurzuvae, to treat major depressive disorder), or clinical depression, as well as postpartum depression (PPD), which affect millions of people.
PPD severely affects a woman’s ability to return to normal functioning, while also potentially affecting the mother’s relationship with her child.
Analysts were anticipating the stocks of both companies to fall if the drug was approved only for postpartum depression due to the smaller patient population.
Until now, the FDA said, treatment for postpartum depression was available only as an IV injection.
In 2021, an estimated 21.0 million adults in the United States had at least one episode of major depressive disorder, which is characterized by a persistent feeling of sadness. Postpartum depression (PPD) affects around one in seven women who give birth.
Read the full article here
-
Investing5 days ago
This All-Access Pass to Learning Is Now $20 for Black Friday
-
Passive Income5 days ago
How to Create a Routine That Balances Rest and Business Success
-
Side Hustles6 days ago
Apple Prepares a New AI-Powered Siri to Compete With ChatGPT
-
Side Hustles3 days ago
A Macy’s Employee Made Accounting Errors Worth $132 Million
-
Passive Income6 days ago
Customers Want More Than Just a Product — Here’s How to Keep Up
-
Investing2 days ago
Factbox-How Trump can overhaul US financial regulators when he takes office By Reuters
-
Side Hustles7 days ago
MIT Gives Free Tuition For Families Earning $200,000 or Less
-
Side Hustles5 days ago
Gift the Power of Language Learning with This Limited-Time Price on Babbel