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  1. FDA approval of LUMRYZ™ is contingent on sale terms, with Alkermes proposed as the buyer of Avadel Pharmaceuticals.

FDA granted Orphan Drug Designation for LUMRYZ, a drug developed by Avadel Pharmaceuticals.

1 report, 1 independent Updated Aug 7
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FDA granted Orphan Drug Designation for LUMRYZ, a drug developed by Avadel Pharmaceuticals.

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  • GlobeNewswireAvadel Pharmaceuticals Reports Second Quarter 2025 Financial Results and Raises 2025 Revenue Guidance -- Generated LUMRYZ™ net revenue of $68.1 million, a 64% increase compared to second quarter 2024