Company News

Correvio's heart drug fails to get FDA approval

Dec 24 (Reuters) - The U.S. Food and Drug Administration has declined to approve Correvio Pharma Corp’s drug to correct irregular rhythm in the upper chambers of the heart, the company said on Tuesday.

In the so-called complete response letter, the FDA stated that while the submitted data provides substantial evidence of the drug’s effectiveness, the data does not provide reassuring evidence of Brinavess’ safety, the company said.

A panel of independent experts to the FDA voted 11-2 against approving the drug, Brinavess, citing serious safety risks, including low blood pressure and irregular rhythm in the lower heart chambers during the trials, earlier this month. (Reporting by Saumya Sibi Joseph and Shivani Singh; Editing by Maju Samuel)