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Jazz Pharmaceuticals Provides Update on Phase 2 Trial of Investigational JZP150 in Adult Patients with Post-Traumatic Stress Disorder

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Jazz Pharmaceuticals plc (Nasdaq: JAZZ) announces Phase 2 trial results for investigational drug JZP150 in PTSD, with disappointing outcomes. The trial did not meet the primary or key secondary endpoints, leading the company to reconsider further development in PTSD.
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  • The Phase 2 trial for JZP150 did not meet the primary or key secondary endpoints, indicating a lack of efficacy in treating PTSD. This could potentially lead to a setback for Jazz Pharmaceuticals in the development of JZP150 for this indication.

Insights

The recent announcement from Jazz Pharmaceuticals regarding the Phase 2 trial outcomes for JZP150, a fatty acid amide hydrolase (FAAH) inhibitor, is significant for investors and stakeholders. The failure to meet the primary endpoint in a clinical trial can often lead to a reassessment of the drug's viability and potential impact on a company's pipeline. In this case, the lack of statistical significance in reducing PTSD symptom severity compared to placebo could imply a substantial setback in the drug's development pathway.

From an investment perspective, the development of treatments for PTSD represents a substantial market opportunity due to the limited number of effective pharmacotherapies available. The discontinuation of JZP150's development in PTSD could affect Jazz Pharmaceuticals' future revenue projections and necessitate a strategic pivot towards other compounds or indications within their R&D portfolio.

It is essential to note that the absence of new safety signals and the mild to moderate nature of the observed treatment emergent adverse events (TEAEs) provide a silver lining, indicating that the molecule has a tolerable safety profile which may be beneficial if repurposed for alternative indications.

In the context of clinical research, the failure to achieve primary and key secondary endpoints is a critical juncture. The Clinician Administered PTSD Scale (CAPS-5) is a widely accepted measure in PTSD trials and the inability to demonstrate improvement on this scale suggests that JZP150 may not offer a clinical benefit over placebo for PTSD patients.

Long-term implications for the company may include a reallocation of resources to more promising candidates. However, the detailed analysis of the trial data could yield insights into the disorder's pathophysiology or highlight potential biomarkers that may guide future research efforts.

For the medical community, the commitment to share findings is valuable as it contributes to the collective understanding of PTSD and its treatment, potentially guiding future therapeutic strategies.

The pharmaceutical industry is highly competitive and the success of clinical trials is a key driver of a company's stock performance. For Jazz Pharmaceuticals, the negative outcome of the JZP150 Phase 2 trial in PTSD could have immediate repercussions on investor confidence and stock valuation. Market response to such news typically results in volatility, reflecting the recalibration of the company's anticipated future earnings.

Biotech firms often hinge on the success of their clinical pipeline and setbacks can prompt concerns about the robustness of their drug development strategy. Jazz Pharmaceuticals may need to communicate its next steps clearly to maintain stakeholder trust.

Understanding the intricacies of drug development, such as the role of FAAH inhibitors in neuropsychiatric disorders, is crucial for stakeholders to appreciate the complexities and risks associated with the industry.

DUBLIN, Dec. 21, 2023 /PRNewswire/ -- Jazz Pharmaceuticals plc (Nasdaq: JAZZ) today announced top-line results from the Phase 2 trial (NCT05178316) evaluating JZP150, an investigational small molecule selective fatty acid amide hydrolase (FAAH) inhibitor, on efficacy and safety in adults with post-traumatic stress disorder (PTSD). The trial did not meet the primary endpoint. There was not a statistically significant decrease in total PTSD symptom severity as measured by the Clinician Administered PTSD Scale (CAPS-5) between JZP150 (4mg or 0.3mg) compared to placebo from baseline to week 12. The trial also did not meet the key secondary endpoints of mean change from baseline to week 12 on the Clinical Global Impression of Severity (CGI-S) and the Patient Global Impression of Severity (PGI-S) scales.

"We are deeply grateful to all those who supported and made this trial possible, including the patients who were enrolled, their families, our investigators and trial staff," said Rob Iannone, M.D., M.S.C.E., executive vice president, global head of research and development of Jazz Pharmaceuticals. "We plan to fully evaluate these data; however, based on top-line results we do not anticipate moving forward with additional JZP150 development in PTSD. We recognize the significant unmet need for PTSD patients and plan to share the findings from this trial with the medical community at a future date."

No new safety signals for JZP150 were observed. The most common treatment emergent adverse events (TEAEs) were headache, nausea and urinary tract infection. These were predominately mild to moderate in severity, and also occurred in placebo-treated participants.

About the JZP150 Phase 2 Trial
The multicenter, double-blind, placebo-controlled randomized, clinical trial (NCT05178316) evaluated two doses (4mg and 0.3mg) of JZP150. The trial randomized 282 adults aged 18 to 70 diagnosed with PTSD using the criteria of the American Psychiatric Association's Diagnostic and Statistical Manual for Mental Disorders, 5th edition (DSM-5).1

The primary endpoint of the trial measured participants' changes from baseline to week 12 using the total score from CAPS-5, a structured clinical interview that is considered the gold standard for diagnosing and assessing patients with PTSD. It includes 30 items with which physicians can make PTSD diagnoses and evaluate the severity of the symptoms as well as the impact on social and occupational functioning.2 The trial had several secondary endpoints, including changes in scores on the CGI-S and PGI-S scales from baseline to the end of treatment.  

About Jazz Pharmaceuticals plc 
Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is a global biopharmaceutical company whose purpose is to innovate to transform the lives of patients and their families. We are dedicated to developing life-changing medicines for people with serious diseases—often with limited or no therapeutic options. We have a diverse portfolio of marketed medicines and novel product candidates, from early- to late-stage development, in neuroscience and oncology. Within these therapeutic areas, we are identifying new options for patients by actively exploring small molecules and biologics, and through innovative delivery technologies and cannabinoid science. Jazz is headquartered in Dublin, Ireland and has employees around the globe, serving patients in nearly 75 countries. Please visit www.jazzpharmaceuticals.com for more information.

Media Contact:
Kristin Bhavnani
Head of Global Strategic Brand Engagement
Jazz Pharmaceuticals plc
CorporateAffairsMediaInfo@jazzpharma.com
Ireland +353 1 637 2141
U.S. +1 215 867 4948

Investors: 
Andrea N. Flynn, Ph.D.
Vice President, Head, Investor Relations
Jazz Pharmaceuticals plc
InvestorInfo@jazzpharma.com
Ireland +353 1 634 3211
U.S. +1 650 496 2717 

References:

1 American Psychiatric Association (APA). Diagnostic and Statistical Manual for Mental Disorders. 5th ed. Arlington, VA: American Psychiatric Publishing; 2013.

2 Weathers FW, Blake DD, Schnurr PP, Kaloupek DG, Marx BP, Keane TM. The Clinician-Administered PTSD Scale for DSM-5 (CAPS-5). [Assessment] 2013. Available from www.ptsd.va.gov.

Jazz Pharmaceuticals Logo (PRNewsFoto/Jazz Pharmaceuticals plc) (PRNewsFoto/Jazz Pharmaceuticals plc)

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SOURCE Jazz Pharmaceuticals plc

FAQ

What are the top-line results announced by Jazz Pharmaceuticals plc (Nasdaq: JAZZ) regarding the Phase 2 trial for JZP150 in PTSD?

The top-line results from the Phase 2 trial evaluating JZP150 in adults with PTSD did not meet the primary endpoint, indicating a lack of efficacy.

What are the common treatment emergent adverse events (TEAEs) observed in the trial for JZP150?

The most common TEAEs observed were headache, nausea, and urinary tract infection, which were predominately mild to moderate in severity.

What is the plan of Jazz Pharmaceuticals plc (Nasdaq: JAZZ) regarding the further development of JZP150 in PTSD based on the trial results?

Based on the top-line results, Jazz Pharmaceuticals does not anticipate moving forward with additional JZP150 development in PTSD and plans to share the findings from this trial with the medical community at a future date.

What did Rob Iannone, M.D., M.S.C.E., executive vice president, global head of research and development of Jazz Pharmaceuticals plc (Nasdaq: JAZZ), comment on the trial results?

Rob Iannone expressed gratitude to all those who supported the trial and stated that based on the top-line results, they do not anticipate moving forward with additional JZP150 development in PTSD.

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