SAN DIEGO—The three companies which have collaborated on the development of Bydureon (exenatide for extended-release injectable suspension)—Amylin Pharmaceuticals Inc., Eli Lilly and Co. and Alkermes Inc.—have announced that the U.S. Food and Drug Administration (FDA) has issued a complete response letter regarding the New Drug Application (NDA) for the investigational medication for type 2 diabetes. On the day the news broke, shares of Amylin Pharmaceuticals jumped 9 percent. Alkermes shares also rose about 10 percent. The company is providing the long-acting technology for Bydureon.
Neither Amylin nor its partners were asked to conduct additional studies on the much anticipated drug, which is a once-weekly version of the twice-daily Byetta injection. The FDA request focuses on product labeling for Bydureon, along with risk mitigation and manufacturing information. Amylin plans to respond to the FDA request within the next few weeks.









