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U.S. FDA panel recommends approval of NPS hormone replacement drug

Started by riky, September 14, 2014, 09:00:37 AM

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riky

U.S. FDA panel recommends approval of NPS hormone replacement drug

Food and Drug Administration on Friday voted 8-5 to recommend approval for Natpara, a hormone replacement therapy developed by NPS Pharmaceuticals Inc. Shares of NPS, which were halted in regular trading, were down about 1 percent at $32.40 after hours. Since an FDA staff report to the panel was released last week, the shares have gained about 20 percent. Natpara is designed to treat hypoparathyroidism, a condition in which the body's parathyroid gland does not secrete enough parathyroid hormone (PTH). The hormone works with vitamin D to regulate body calcium.

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