Alkermes Advances Narcolepsy Drug to Phase III, Positioning for Market Leadership
Alkermes, a prominent player in the pharmaceutical industry, has reported significant progress in its narcolepsy treatment program, setting the stage for a potential market breakthrough. The company's investigational orexin 2 receptor agonist, alixorexton, has demonstrated promising results in mid-stage trials, propelling the drug candidate towards late-stage development.