Clinical Data Wins Approval for New Antidepressant
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Clinical Data Inc. won U.S. approval to sell a new type of antidepressant that may not affect sexual function, a side effect of older treatments. The shares surged in extended trading.
The Food and Drug Administration cleared three doses of tablets with the medicine vilazodone, the agency said today in a statement. Clinical Data, of Newton, Massachusetts, licensed global rights to the drug from Darmstadt, Germany-based Merck KGaA and plans to market it under the brand name Viibryd.