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Amryt Receives Reimbursement Approval from the Dutch Ministry of Health for Myalepta® (metreleptin)

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Amryt Pharma has announced that the Dutch Ministry of Health has approved Myalepta® (metreleptin) for reimbursement. This treatment is designed for patients with leptin deficiency due to congenital or acquired generalized lipodystrophy (GL) aged two years and older. Myalepta®, which received EMA marketing authorization in 2018, will now be accessible to Dutch patients, marking a significant expansion for Amryt in the Netherlands. The CEO expressed optimism about this development, emphasizing its importance for patient care and the company's growth.

Positive
  • Myalepta® reimbursement approval enhances access for patients in the Netherlands.
  • This approval signifies a strategic expansion of Amryt's market presence.
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Amryt Receives Reimbursement Approval from the Dutch Ministry of Health for Myalepta® (metreleptin)

DUBLIN, Ireland, and Boston MA, October 17, 2022, Amryt (Nasdaq: AMYT), a global, commercial-stage biopharmaceutical company dedicated to acquiring, developing and commercializing novel treatments for rare diseases, announces that the Dutch Ministry of Health has approved Myalepta® (metreleptin) for reimbursement in the Netherlands as an adjunct to diet as replacement therapy for the treatment of leptin deficiency in patients with congenital or acquired general lipodystrophy (GL) in adults and children two years of age and above. Myalepta® received marketing authorisation from the European Medicines Agency (“EMA”) in 2018.

Dr Joe Wiley, CEO of Amryt Pharma, commented today:We are very pleased to report the Dutch reimbursement of Myalepta® which will now give patients in the Netherlands suffering from generalized lipodystrophy the opportunity to access Myalepta®. This news represents further progress in our efforts to grow the geographic reach of our commercial products in both existing and new territories.”  

About Lipodystrophy - Generalised (GL) and partial lipodystrophy (PL) are rare disorders characterised by loss or lack of adipose tissue resulting in the deficiency of the hormone leptin, produced by fat cells and are associated with severe metabolic abnormalities including severe insulin resistance, diabetes, hypertriglyceridemia and fatty liver disease.

About Amryt
Amryt is a global commercial-stage biopharmaceutical company focused on acquiring, developing and commercializing innovative treatments to help improve the lives of patients with rare and orphan diseases. Amryt comprises a strong and growing portfolio of commercial and development assets.

Amryt’s commercial business comprises four orphan disease products – metreleptin (Myalept®/ Myalepta®); oral octreotide (Mycapssa®); lomitapide (Juxtapid®/ Lojuxta®); and Oleogel-S10 (Filsuvez®).

Myalept®/Myalepta® (metreleptin) is approved in the US (under the trade name Myalept®) as an adjunct to diet as replacement therapy to treat the complications of leptin deficiency in patients with congenital or acquired generalized lipodystrophy (GL) and in the EU (under the trade name Myalepta®) as an adjunct to diet for the treatment of leptin deficiency in patients with congenital or acquired GL in adults and children two years of age and above and familial or acquired partial lipodystrophy (PL) in adults and children 12 years of age and above for whom standard treatments have failed to achieve adequate metabolic control. For additional information, please follow this link.

Mycapssa® (octreotide capsules) is approved in the US for long-term maintenance therapy in acromegaly patients who have responded to and tolerated treatment with octreotide or lanreotide. Mycapssa® is the first and only oral somatostatin analog approved by the FDA. Mycapssa® has also been submitted to the EMA and has received a positive opinion by the CHMP recommending the approval of Mycapssa® in the European Union (EU). For additional information, please follow this link.

Juxtapid®/Lojuxta® (lomitapide) is approved as an adjunct to a low-fat diet and other lipid-lowering medicinal products for adults with the rare cholesterol disorder, Homozygous Familial Hypercholesterolaemia ("HoFH") in the US, Canada, Colombia, Argentina and Japan (under the trade name Juxtapid®) and in the EU, Israel, Saudi Arabia and Brazil (under the trade name Lojuxta®). For additional information, please follow this link.

Filsuvez® (Oleogel-S10) is approved in the EU and Great Britain for the treatment of partial thickness wounds associated with junctional and dystrophic Epidermolysis Bullosa in patients 6 months and older. Filsuvez® remains under review by the FDA.

Amryt’s pre-clinical gene therapy candidate, AP103, offers a potential treatment for patients with Dystrophic EB, and the polymer-based delivery platform has the potential to be developed for the treatment of other genetic disorders.

Amryt also intends to develop oral medications that are currently only available as injectable therapies through its Transient Permeability Enhancer (TPE®) technology platform. For more information on Amryt, including products, please visit www.amrytpharma.com.

Forward-Looking Statements
This announcement may contain forward-looking statements and the words "expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast", "project" and similar expressions (or their negative) identify certain of these forward-looking statements. The forward-looking statements in this announcement are based on numerous assumptions and Amryt's present and future business strategies and the environment in which Amryt expects to operate in the future. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These statements are not guarantees of future performance or the ability to identify and consummate investments. Many of these risks and uncertainties relate to factors that are beyond Amryt's ability to control or estimate precisely, such as future market conditions, the course of the COVID-19 pandemic, currency fluctuations, the behaviour of other market participants, the outcome of clinical trials, the actions of regulators and other factors such as Amryt's ability to obtain financing, changes in the political, social and regulatory framework in which Amryt operates or in economic, technological or consumer trends or conditions. Past performance should not be taken as an indication or guarantee of future results, and no representation or warranty, express or implied, is made regarding future performance. No person is under any obligation to update or keep current the information contained in this announcement or to provide the recipient of it with access to any additional relevant information that may arise in connection with it. Such forward-looking statements reflect the Company’s current beliefs and assumptions and are based on information currently available to management.

Contacts
Joe Wiley, CEO / Rory Nealon, CFO/COO, +353 (1) 518 0200, ir@amrytpharma.com
Tim McCarthy, LifeSci Advisors, LLC, +1 (917) 679 9282, tim@lifesciadvisors.com


FAQ

What is the significance of Amryt's Myalepta® reimbursement approval in the Netherlands?

The approval allows patients with leptin deficiency due to generalized lipodystrophy to access Myalepta®, enhancing patient care and expanding Amryt's market presence.

When did the Dutch Ministry of Health approve Myalepta® for reimbursement?

The Dutch Ministry of Health approved Myalepta® for reimbursement on October 17, 2022.

What conditions does Myalepta® treat?

Myalepta® treats leptin deficiency due to congenital or acquired generalized lipodystrophy in patients aged two years and older.

What is Amryt Pharma's stock symbol?

Amryt Pharma is traded under the stock symbol AMYT.

What is the therapeutic use of Myalepta®?

Myalepta® is used as an adjunct to diet as replacement therapy for the treatment of leptin deficiency.

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