Bloomberg News

Zogenix Seeks to Stop Massachusetts Ban on Zohydro Painkiller

April 07, 2014

Zogenix Inc. (ZGNX:US), whose shares slumped after Massachusetts Governor Deval Patrick said he would ban its painkiller Zohydro over abuse concerns, sued to stop him, saying the move contradicted the Food and Drug Administration’s approval of the medicine.

Zohydro, approved in October, doesn’t contain tamper-proof technology that other drugmakers use to prevent crushing and snorting of their pills, such as closely held Purdue Pharma LP’s OxyContin.

“When FDA approved Zohydro, it considered but rejected the idea of requiring the drug to utilize abuse-deterrent technology,” Zogenix said in the complaint, filed today in Boston federal court.

Zogenyx’s drug, made of pure hydrocodone, is intended as an alternative to Vicodin and others that mix hydrocodone with less-potent medicines such as aceteminophen. Patrick, in a March 27 statement, said Massachusetts faced “an epidemic of opiate abuse” and it would be treated as a public health crisis.

Zogenix shares fell (ZGNX:US) 16 percent to $2.46 since Patrick’s announcement, when he said he would seek to stop physicians from prescribing the drug.

The governor’s “unilateral action was taken without any communication or advanced notice” after the company wrote him and requested a meeting to discuss the product, Zogenix said. The request wasn’t answered, the San Diego-based company said.

Patrick’s office declined to immediately comment today.

The case is Zogenix v. Deval Patrick; 14-11689; U.S. District Court; District of Massachusetts (Boston).

To contact the reporter on this story: Tiffany Kary in New York at tkary@bloomberg.net

To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net Joe Schneider, Mary Romano


Silicon Valley State of Mind
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Companies Mentioned

  • ZGNX
    (Zogenix Inc)
    • $1.19 USD
    • -0.02
    • -1.68%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus