CLINUVEL Submits New Drug Application for SCENESSE® in Canada
CUV (CUV) Share Update September 2024 Monday 30th
CLINUVEL Submits New Drug Application for SCENESSE® in CanadaCLINUVEL PHARMACEUTICALS LIMITED (ASX: CUV) has announced the submission of a New Drug Submission (NDS) to Health Canada for its innovative photoprotective therapy, SCENESSE® (afamelanotide), aimed at preventing phototoxicity in adult patients with erythropoietic protoporphyria (EPP).
Instant Summary:
- CLINUVEL files New Drug Submission (NDS) to Health Canada for SCENESSE®.
- SCENESSE® aims to prevent phototoxicity in adult EPP patients.
- Health Canada review process may take up to 300 days.
- Canadian Special Access Program continues during review.
- Two Canadian Specialty Centers trained and accredited to treat EPP patients.
- Estimated 280 EPP patients in Canada.
Health Canada Review Process
CLINUVEL has officially filed a New Drug Submission (NDS) to Health Canada, seeking approval for SCENESSE® (afamelanotide) for the prevention of phototoxicity in adult patients with erythropoietic protoporphyria (EPP). If approved, SCENESSE® would be the first treatment available for Canadian EPP patients.
Health Canada's Health Products and Food Branch (HPFB) is responsible for reviewing and approving medications for use in Canada. The HPFB assesses the safety, efficacy, and quality of the products in the proposed indication. Following a formal dossier validation period, the HPFB may complete the review of a new drug candidate within 300 days.
Special Access Program
In 2023, CLINUVEL announced that the first Canadian EPP patient had received treatment with SCENESSE® under Canada’s Special Access Program (SAP). The SAP allows individual physicians to facilitate access to treatment for patients who have serious or life-threatening conditions and lack therapeutic alternatives. Patient treatment under the SAP continued without interruption prior to Health Canada’s review of the NDS. All Canadian patients treated under the SAP have received insurance coverage to support their treatment access.
Training and Accreditation
Two Canadian Specialty Centers have been trained and accredited to treat EPP patients with SCENESSE®. Further potential Canadian treatment centres have been identified to enable prompt treatment access pending regulatory and pricing approvals. To date, CLINUVEL has trained and accredited 85 Specialty Centers across North America.
Understanding EPP
EPP is a rare genetic disorder that causes phototoxicity, leading to debilitating reactions and burns following light exposure. CLINUVEL has spent nearly two decades developing SCENESSE® as the first treatment for EPP. The drug, administered as a controlled-release injectable implant every 60 days, stimulates the production of melanin in the skin, protecting skin cells from visible and ultraviolet light (photoprotection) and acting as a strong antioxidant.
Clinical and long-term post-marketing studies of SCENESSE® have shown that it can prevent and reduce the severity of phototoxic reactions, as well as improving patients’ quality of life. The drug has been approved for adults by the European Medicines Agency, US Food and Drug Administration (FDA), and regulatory authorities in Australia and Israel. To date, over 16,000 doses of SCENESSE® have been administered to EPP patients worldwide.
The submission of the NDS to Health Canada is a significant step for CLINUVEL, potentially expanding the market for SCENESSE® into Canada. If approved, this could lead to increased revenue and market share for the company. The continuation of the Special Access Program during the review period ensures that Canadian patients can still receive treatment, which may positively influence investor sentiment.
Investor Reaction:
Analysts are likely to view this announcement positively, as it represents a potential new market for SCENESSE®. The continuation of the Special Access Program also demonstrates CLINUVEL's commitment to patient care, which may bolster investor confidence.
Conclusion:
Investors should keep an eye on the progress of the Health Canada review process and the potential approval of SCENESSE® in Canada. The expansion into the Canadian market could provide significant growth opportunities for CLINUVEL. Stay informed on further developments and consider the long-term potential of this innovative therapy.