Strongbridge Biopharma Shares Are Trading Higher On Filing Recorlev US Application For Endocrine Disease

by Vandana Singh, Benzinga Editor

March 2, 2021 8:57 AM | 1 min read |

Strongbridge Biopharma plc SBBP has submitted a marketing application seeking approval for Recorlev (levoketoconazole) for the treatment of endogenous Cushing's syndrome, to the FDA.
Endogenous Cushing's syndrome is a rare endocrine disease caused by chronic elevated cortisol exposure, often resulting in a benign tumor of the pituitary gland.
The company is preparing for the potential launch of RECORLEV in the first quarter of 2022, subject to approval.
RECORLEV, the pure 2S,4R enantiomer of the enantiomeric pair comprising ketoconazole, is a next-generation steroidogenesis inhibitor being investigated as a chronic therapy for adults with endogenous Cushing's syndrome.
Price Action: SBBP shares are up 6.3% at $3.36 in premarket trading on the last check Tuesday.

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