ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Markets/ForexArticle

Alkermes' narcolepsy drug alixorexton hits Phase 2 goals

Alixorexton met primary endpoints in a 92-patient trial, showing reduced daytime sleepiness and improved wakefulness. Alkermes plans Phase 3 studies after FDA breakthrough designation.

SL
Sophie Laurent · FX & Rates Desk · 27 Aug 2026 · 07:14 · 1 min read
Share
Alkermes' narcolepsy drug alixorexton hits Phase 2 goals

Alkermes plc said its experimental narcolepsy treatment alixorexton met key Phase 2 trial goals, demonstrating statistically significant improvements in excessive daytime sleepiness versus placebo.

The randomized, placebo-controlled Vibrance-1 study enrolled 92 adults with narcolepsy type 1, testing once-daily doses of 4 mg, 6 mg, or 8 mg of alixorexton over six weeks. All dosage groups achieved mean sleep latency values within the normative range of at least 20 minutes in the Maintenance of Wakefulness Test and Epworth Sleepiness Scale scores of 10 or lower at week six.

Euro / US Dollar

EURUSD
Full profile →
1.1653▼ 0.01%
As of 26/08/2026, 21:00:00

The 6 mg cohort also showed a reduction in weekly cataplexy rates compared to placebo. The drug was generally well tolerated, with most treatment-emergent adverse events mild to moderate and no serious events reported.

Alkermes holds U.S. Food and Drug Administration breakthrough therapy designation for narcolepsy type 1 and orphan drug designation for idiopathic hypersomnia. The company has initiated the Brilliance Studies, a global Phase 3 program evaluating single and split-dose regimens of alixorexton in adults with narcolepsy type 1 and type 2.

Results from the trial were published in The Lancet Neurology. Alkermes, headquartered in Ireland with facilities in Massachusetts and Ohio, develops treatments for alcohol dependence, opioid dependence, schizophrenia, bipolar I disorder, and narcolepsy.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
SL
Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

More from Sophie Laurent →
ADVERTISEMENT
ADVERTISEMENT