FDA Approves Once-Daily Mydayis for ADHD in Adults and Adolescents

Shire share price rallies as pharmco wins ADHD drug approval

But it still pays numerous bills with its aging ADHD franchise, and the company has projected that this new long-acting drug could be worth $500 million a year.

Shire said it expects to make Mydayis commercially available in the USA in the third quarter of 2017, and previously indicated that the drug could hit peak sales of $500 million.

Share prices for the pharma group have since risen by over 2% on the FTSE 100 stock exchange.

Mydayis contains the same active ingredient as the company's widely used ADHD treatment Adderall XR but is formulated to last longer. Jefferies analysts noted that every ADHD drug launched by Shire has significantly exceeded initial market projections.

"Given Shire's prowess in the ADHD market, we believe that Mydayis can be a meaningful product, particularly in those who already top up a long acting therapy", the broker pointed out.

Dr Ornskov said with the approval, Shire hoped to help patients who needed a once-daily treatment option.

Pokemon Go Raids Coming in Early July
On Reddit today, a user name KERL0N posted some screenshots supposedly of the new enforcement system in action. Niantic previously fought against Pokemon GO GPS spoofers and shut down multiple online spawn maps.

ADHD is a neuro-developmental disorder that manifests as a persistent pattern of inattention and/or hyperactivity-impulsivity. Around 4% of adults are estimated to have the condition in the US.

Mydayis and Adderall both contain amphetamine, a stimulant elevating dopamine, the neurotransmitter associated with motivation, attention and movement. Non-stimulant ADHD treatments have a cleaner side-effect profile but are typically less effective. Mydayis is not for use in children 12 years and younger.

Payers have become particularly skillful at setting up hurdles for generic makeovers, but Shire ran new trials previous year to come up with the safety and efficacy data that the agency originally demanded after it was submitted in 2006.

Mydayis is created to help eliminate the use of short-acting stimulants given to boost the impact of long-acting ones, especially among college students and adults, Mattingly said.

Other ADHD drug developers include Neos Theraputics Inc, Alcobra Ltd and Aevi Genomic Medicine.

Related news:

Hot News

Princess Kate laughs off royal fall at Royal Ascot
Jun 22, 2017 - 13:39
Ward's Lady Aurelia won the Queen Mary last year , and this year had a sizzling win in the G1 King's Stand. Rouget said she will return to the Channel coast again this summer.

isis-killer-beheading-video-story-top Supreme Court to hear potentially landmark case on partisan gerrymandering
Jun 22, 2017 - 13:35
In 2002, voters, furious at Democrats , elected Republican Sonny Perdue as governor, and awarded the state Senate to Republicans. Wisconsin had argued that would create unnecessary work should the Supreme Court ultimately overturn the lower court's decision.

isis-killer-beheading-video-story-top Marvel's The Defenders First Look: Netflix's Heroes Team Up to Look Tough
Jun 22, 2017 - 13:34
The stunning black and white poster features all four Defenders looking straight on, along with a release date of August 18.

isis-killer-beheading-video-story-top Lowcountry Boeing plane featured in Paris show
Jun 22, 2017 - 13:30
The biennial Paris Air Show started on Monday, featuring civilian and military aviation behemoths competing for contracts. Boeing now expects 29,530 deliveries in the medium-haul single-aisle category, which is popular with low-priced airlines.

isis-killer-beheading-video-story-top Extra virgin olive oil could help reduce risk of Alzheimer's disease
Jun 22, 2017 - 13:29
Also, researchers want to know whether adding olive oil at a later time point in the diet can stop or reverse the disease. The health benefits of the Mediterranean diet-rich in plant-based foods, olive oil and fish-have always been known.

isis-killer-beheading-video-story-top Conor McGregor's coach John Kavanagh breaks silence on Mayweather mega-fight
Jun 22, 2017 - 13:28
His boxing licence was granted by the California State Athletic Commission in December, allowing him to box in the USA state. Mayweather never usually gives any fighter a weight advantage, especially when out of action for such a long time.

isis-killer-beheading-video-story-top Gladbach signs English prospect Reece Oxford on loan deal
Jun 22, 2017 - 13:28
But they hope they can lure Christensen away from Stamford Bridge should he fail to win a squad place during Chelsea's preseason. As reported in The Sun this morning, Bolton Wanderers are set to sign West Ham United defender Reece Burke on loan.

isis-killer-beheading-video-story-top Dennis Rodman back in North Korea; ailing American leaves
Jun 22, 2017 - 13:26
It remains to be seen if and to what degree, the US will seek to punish third party entities with suspected ties to North Korea . Tillerson announced that the Department of State had secured Warmbier's release at the direction of the Republican president.

isis-killer-beheading-video-story-top Forecast: Afternoon Showers May Darken The First Day Of Summer
Jun 22, 2017 - 13:24
A cold front is sweeping across New England on Wednesday , triggering scattered showers and thunderstorms across the region. Expect higher humidity, more cloud cover, and more rain in areas south of I-85, and less for areas north of it.

Hundreds Detained Across Russia for Protesting Corruption on Russia Day
Jun 22, 2017 - 13:23
She said on his Twitter feed that he was arrested outside his home about half an hour before the demonstration was to begin. Protesters say that Putin, Prime Minister Dmitry Medvedev and others use the government to become rich.

isis-killer-beheading-video-story-top Korea, terrorism expected to feature at US-China dialogue
Jun 22, 2017 - 13:22
Any role for Brussels would need backing from Washington and European Union member states, neither of which is assured. It had long pushed for a resumption of US negotiations with North Korea, which now appears a remote prospect.

isis-killer-beheading-video-story-top Prince Philip Hospitalized for an Infection
Jun 22, 2017 - 13:19
She and Prince Charles travelled to the Houses of Parliament in a vehicle , rather than the majestic Diamond Jubilee State Coach. As per tradition, the queen gave a speech to Parliament Wednesday morning announcing the government's legislative agenda.

isis-killer-beheading-video-story-top Duke of Edinburgh admitted to hospital
Jun 22, 2017 - 13:17
But his forthright manner and unwavering devotion to duty and the queen has endeared him to the nation. The queen and Philip both suffered from severe cases of the flu at Christmas but have recovered.

isis-killer-beheading-video-story-top G7 Environmental Summit kicks off on Sunday but United States leaves early
Jun 22, 2017 - 13:17
The Trump administration has refused to sign an worldwide declaration committing to action on climate change. President Donald Trump , reports German magazine Der Spiegel .

isis-killer-beheading-video-story-top Duke of Cambridge turns 35 in year when he becomes full-time royal
Jun 22, 2017 - 13:16
According to People , royal protocol states that touching a member of the royal family is historically reserved for handshakes. Meanwhile, on Friday, Prince William visited the victims of the deadly fire in Grenfell Tower staying in a crisis center.