FDA approves Acton’s AEROSPAN sNDA to treat asthma

Acton Pharmaceuticals, Inc. (Acton) announced today that the U.S. Food and Drug Administration (FDA) has approved the sNDA (Supplemental New Drug Application) for AEROSPAN^® (flunisolide HFA, 80 mcg) Inhalation Aerosol, a hydrofluoroalkane (HFA) orally inhaled corticosteroid indicated for the maintenance treatment of asthma as a prophylactic therapy in adult and pediatric patients 6 years of age and older. With this approval, Acton is now planning to launch AEROSPAN in early 2013 into the $8.3 billion U.S. inhaled steroid market.    

The Centers for Disease Control (CDC) estimates that more than 24 million Americans have asthma and of these, more than half have an asthma attack each year. Annually, the disease is responsible for nearly two million emergency room visits and accounts for an estimated $11.5 billion in health care costs. When taken every day, maintenance inhalers like AEROSPAN can help prevent the wheezing coughing, and tightening of the airways, which causes shortness of breath and can be life threatening.

"Preventing asthma attacks remains a significant hurdle in the treatment of asthma patients," said William E. Berger, M.D., Clinical Professor, Department of Pediatrics, Division of Allergy and Immunology, University of California, Irvine. "The FDA approval for AEROSPAN will provide patients with an effective new treatment option and it's exciting that physicians will be able to prescribe an inhaled steroid with a unique, built-in delivery system that is designed to make it easy for patients to inhale their aerosol medication."

AEROSPAN was developed with an integrated spacer device and has been studied in clinical trials involving more than 1,700 patients. The AEROSPAN New Drug Application (NDA) was acquired by Acton in 2009 under a licensing agreement with Forest Laboratories, Inc. (NYSE: FRX) at which time Acton assumed all responsibilities associated with the development and commercialization of AEROSPAN.

John Simon, CEO of Acton said: "The FDA approval for AEROSPAN validates Acton's commitment to bring forward important respiratory medicines for the millions of patients who suffer from asthma. We are very excited to have achieved this significant milestone, which is attributed to Acton's sophisticated development team. Our ability to resolve complicated chemistry and manufacturing issues will now be leveraged to further develop our late-stage pipeline, including Nasacort HFA™."

Daniel Kreisler, President of Acton added: "Acton anticipates commercial launch of AEROSPAN in the first quarter of 2013 as we build out our sales and marketing infrastructure and evaluate strategic partnerships. Our ongoing commercial preparations include building product inventory as well as finalizing the introduction of AEROSPAN to managed care plans and initiation of pre-launch marketing activities."