BUZZ-Supernus rises after FDA approves its drug-device combination for Parkinson's disease

Reuters

02-05

BUZZ-Supernus rises after FDA approves its drug-device combination for Parkinson's disease

** Shares of Supernus Pharmaceuticals SUPN.O rise 6.2% to $39.67

** SUPN says U.S. FDA has approved its drug-device combination, Onapgo, to treat movement-related symptoms of Parkinson's disease

** Approval comes after previous declines in 2022 and 2024 due to quality and device concerns

** SUPN says Onapgo will be available in United States in Q2 and is expected to generate $200 mln to 300 mln in peak sales

** SUPN gained 30.4% in 2024

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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