J&J nasal spray gets U.S. approval as first new type of anti-depressant in decades

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J&J nasal spray gets U.S. approval as first new type of anti-depressant in decades
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The U.S. Food and Drug Administration on Tuesday said it approved a Johnson & Jo...

- The U.S. Food and Drug Administration on Tuesday said it approved a Johnson & Johnson nasal spray antidepressant for people resistant to other treatments but placed restrictions on use of the drug, which it warned could be misused and abused.

Esketamine would be sold under the brand name Spravato and is a chemical mirror image of anesthetic ketamine, which is also abused as a recreational party drug and goes by the street nickname “Special K”. To prevent abuse, patients must take the drug in a doctor’s office or medical facility and cannot take it home.

Spravato has been touted as an asset with blockbuster potential and is expected to improve investor sentiment toward the growth prospects of J&J’s pharma unit Janssen, as its top-selling rheumatoid arthritis drug Remicade faces increased competition from cheaper biosimilars. The approval comes after an FDA advisory panel in February voted heavily in favor of the drug esketamine, saying its benefits outweighed the risks.

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