Adamas Pharmaceuticals Issued Six Additional U.S. Patents

EMERYVILLE, Calif., Dec. 2, 2014 (GLOBE NEWSWIRE) -- Adamas Pharmaceuticals, Inc. (Nasdaq:ADMS) announced the issuance of six additional US patents (US 8,889,740; US 8,895,614; US 8,895,615; US 8,895,616; US 8,895,617 and US 8,895,618), bringing the total number of issued patents for amantadine-based controlled-release products owned by Adamas to nine, with 12 more applications pending. The newly issued patents include both composition of matter claims and claims covering methods for treatment of neurological diseases, including Parkinson’s disease, related to the pharmacokinetic profile of amantadine HCl.

“Pursuing a comprehensive intellectual property portfolio is an important element of our corporate strategy,” said Gregory T. Went, Ph.D., Adamas’ founder, CEO and a co-inventor on these patents. “At Adamas, we develop and patent pharmaceutical products and methods of administration that are based on our pharmacokinetic-pharmacodynamic discoveries. We believe that these discoveries could provide the foundation for new medical treatments of individuals with serious CNS disorders, such as Parkinson’s disease, as well as a broader set of movement disorders.”

Dr. Went continued, “This additional series of patents is based upon patent applications initially filed in 2004. Importantly, these patents cover product candidates that we believe would enable once-daily dosing over a wide range of strengths and formulations, as well as combination formulations.”

Pharmacokinetics is the study of the absorption, distribution, metabolism, and excretion of a drug after administration. Pharmacokinetic profiles are quantitative representations of drug levels in the body over time. Pharmacokinetics is often studied in conjunction with pharmacodynamics, the study of a drug’s pharmacological effect on the body.

About ADS-5102

Adamas’ most advanced wholly-owned product candidate is ADS-5102 (amantadine HCl), a high dose, controlled-release version of amantadine, that is administered once daily at bedtime. Adamas is initially developing ADS-5102 for the treatment of levodopa-induced dyskinesia, or LID, in patients with Parkinson’s disease. LID is a movement disorder that frequently occurs in patients after long-term treatment with levodopa, the most widely used drug for Parkinson’s disease. There are no approved drugs for the treatment of LID in the United States or Europe.

Derived from Adamas’ clinical study data for patients taking ADS-5102, the amantadine plasma concentration achieved from the early morning through mid-day was substantially higher than that reached following administration of immediate-release amantadine, providing symptomatic relief to patients as they engaged in their daily activities. Further, there were no changes in sleep patterns, a common concern for Parkinson’s disease patients taking immediate-release amantadine.

Parkinson’s Disease and Levodopa-induced Dyskinesia (LID)

Parkinson’s disease is a chronic, progressive motor disorder that causes tremors, rigidity, slowed movements and postural instability. The most commonly prescribed treatments for Parkinson’s disease are levodopa-based therapies. In the body, levodopa is converted to dopamine to replace the dopamine loss caused by the disease. Patients initially receive relief from symptoms of Parkinson’s disease for much of the day. This period of relief is known as “ON” time. As the effects of levodopa wear off, the symptoms of Parkinson’s disease return. This is known as “OFF” time. By properly managing the timing of levodopa administration, patients with early-stage Parkinson’s disease can largely avoid “OFF” time during the day.

Over time, as Parkinson’s disease progresses, most patients require increasing doses of levodopa to achieve equivalent therapeutic benefit. Even with increased doses of levodopa, patients may begin to exhibit unpredictable “OFF” episodes throughout the day. In the later stages of the disease, many patients will suffer from LID, a condition characterized by involuntary movements without purpose. LID can become severely disabling, rendering patients unable to perform routine daily tasks. As Parkinson’s disease advances, the symptoms of LID worsen in frequency and severity. Eventually the total time that a patient spends either “OFF” or “ON” with LID can become a majority of his or her day.

About Adamas

Adamas Pharmaceuticals, Inc. is a specialty pharmaceutical company driven to improve the lives of those affected by chronic disorders of the central nervous system. The company achieves this by modifying the pharmacokinetic profiles of approved drugs to create novel therapeutics for use alone or in fixed-dose combination products. Adamas is currently developing its lead wholly-owned product candidate, ADS-5102, for a complication of Parkinson’s disease known as levodopa-induced dyskinesia, or LID, and is evaluating other potential indications. The company’s portfolio also includes a fixed-dose combination product candidate, MDX-8704, being developed with Forest Laboratories, Inc., a subsidiary of Actavis plc, and an approved controlled-release product, Namenda XR®, which Forest developed and is marketing in the United States under an exclusive license from Adamas. For more information, please visit www.adamaspharma.com.

Namenda XR® is a registered trademark of Merz Pharma GmbH & Co. KGaA.

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “intend,” “would,” and similar expressions (as well as other words or expressions referencing future events, conditions, or circumstances) are intended to identify forward-looking statements. Such statements contained in this press release include future development and approval by regulatory bodies of medical treatments of individuals with CNS disorders and the effectiveness of our intellectual property portfolio. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in forward-looking statements, as well as risks relating to Adamas’ business in general, see Adamas’ Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on November 4, 2014.

CONTACT: For questions, please contact: Julie Wood Corporate Communications & Investor Relations Adamas Pharmaceuticals, Inc. Phone: 510-450-3528

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