Recent Updates
Recently added Catalysts
VNDA Positive Sentiment

Vanda Pharmaceuticals Announces Collaborative Framework for Resolution of Disputes with the U.S. Food and Drug Administration

Key Takeaway: Vanda Pharmaceuticals has announced a collaborative framework with the FDA to resolve disputes related to its products HETLIOZ® and tradipitant. This agreement is aimed at facilitating the review processes for these medications, which address significant medical needs. However, the timeline for FDA reviews remains uncertain, highlighting potential risks.
Price reaction · baseline $5.1 (2025-10-01 close) · hit after-hours · clean, no other VNDA news in the window
day 0 close · peak
+1.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • Vanda Pharmaceuticals has established a collaborative framework with the FDA.
  • The agreement aims to resolve disputes regarding HETLIOZ® and tradipitant.
  • The company is focused on addressing high unmet medical needs.

CONCERNS & RISKS

  • The FDA's review timelines for tradipitant and HETLIOZ® are uncertain.
  • Forward-looking statements carry inherent risks and uncertainties.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+121%
120-day peak, hindsight
Typical move
19.9%
average across 7 past catalysts
Cash runway
~16 mo
Low dilution risk
Lead asset
Imsidolimab
Phase 2 · Palmoplantar Pustulosis

Full Press Release Details

WASHINGTON,Oct. 1, 2025/PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq:VNDA) today announced that it has agreed on a collaborative framework with the U.S. Food and Drug Administration (FDA) for the resolution of certain disputes regarding HETLIOZ®(tasimelteon) and tradipitant.
Key features of the agreement include:

About Vanda Pharmaceuticals Inc.

Vanda is a leading global biopharmaceutical company focused on the development and commercialization of innovative therapies to address high unmet medical needs and improve the lives of patients. For more on Vanda Pharmaceuticals Inc., please visitwww.vandapharma.comand follow us on X @vandapharma.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Various statements in this press release, including, but not limited to statements regarding the actions that the FDA is expected to take, and the timing thereof, with respect to the NDA for tradipitant for the treatment of motion sickness and the sNDA for HETLIOZ®for the treatment of jet lag disorder, and the actions that Vanda and the FDA are expected to take with respect to certain of their ongoing administrative proceedings and litigation, are "forward-looking statements" under the securities laws. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Forward-looking statements are based upon current expectations and assumptions that involve risks, changes in circumstances and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Vanda's forward-looking statements include, among others, the FDA's ability to conduct expedited re-reviews of the partial clinical hold on tradipitant for the treatment of motion sickness by November 26, 2025 and the sNDA for HETLIOZ®for the treatment of jet lag disorder by January 7, 2026, the FDA's ability to complete its review of the NDA for tradipitant for the treatment of motion sickness by the existing PDUFA target action date of December 30, 2025, and the results of the FDA's review of the NDA for tradipitant for the treatment of gastroparesis. Therefore, no assurance can be given that the results or developments anticipated by Vanda will be realized, or even if substantially realized, that they will have the expected consequences to, or effects on, Vanda. Forward-looking statements in this press release should be evaluated together with the various risks and uncertainties that affect Vanda's business and market, particularly those identified in the "Cautionary Note Regarding Forward-Looking Statements", "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Vanda's most recent Annual Report on Form 10-K, as updated by Vanda's subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the U.S. Securities and Exchange Commission, which are available atwww.sec.gov.
All written and verbal forward-looking statements attributable to Vanda or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to herein. Vanda cautions investors not to rely too heavily on the forward-looking statements Vanda makes or that are made on its behalf. The information in this press release is provided only as of the date of this press release, and Vanda undertakes no obligation, and specifically declines any obligation, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Corporate Contact:Kevin MoranSenior Vice President, Chief Financial Officer and TreasurerVanda Pharmaceuticals Inc.202-734-3400[email protected]

Jim Golden / Jack Kelleher / Dan MooreCollected Strategies[email protected]

Frequently Asked Questions

What is the purpose of Vanda's agreement with the FDA?

The agreement aims to resolve disputes regarding HETLIOZ® and tradipitant.

What are the key products involved in the FDA collaboration?

The key products are HETLIOZ® (tasimelteon) and tradipitant.

What risks are associated with Vanda's forward-looking statements?

Risks include uncertainties in FDA review timelines and potential outcomes.

When is the PDUFA target action date for tradipitant?

The PDUFA target action date for tradipitant is December 30, 2025.

Last updated: Oct 1, 2025