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U.S. Food and Drug Administration company logo
Government
FOOD & BEVERAGES | Food Safety & Preservation
fda.gov

Investments

35

Portfolio Exits

5

Partners & Customers

10

About U.S. Food and Drug Administration

The Food and Drug Administration (FDA or USFDA) is an agency of the United States Department of Health and Human Services, one of the United States federal executive departments, responsible for protecting and promoting public health through the regulation and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs (medications), vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices (ERED), veterinary products, and cosmetics.

Headquarters Location

10903 New Hampshire Avenue

Maryland, 20993,

United States

888 463 6332

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Latest U.S. Food and Drug Administration News

Self‐administration of investigational intranasal spray may be a new option to treat rapid heartbeat

Sep 28, 2023

A fast-acting medication delivered as a nasal spray may someday allow patients with intermittent rapid heartbeats to treat it themselves as soon as they develop symptoms, according to new research published today in the Journal of the American Heart Association, an open access, peer-reviewed journal of the American Heart Association. This new medication is still waiting on approval from the U.S. Food and Drug Administration. This is a potential new and exciting option for patients to safely self-treat their rapid heartbeat without direct medical supervision to avoid emergency room visits and medical interventions." James E. Ip, M.D., lead author of the study and associate professor of clinical medicine at Weill Cornell Medicine at New York-Presbyterian Hospital in New York City About 1 in 300 people in the United States experience intermittent periods of rapid heartbeat (more than 100 beats per minute, and more typically 150-200 beats per minute) in the lower chambers of the heart, a condition called paroxysmal supraventricular tachycardia. The standard treatment during an episode is to slow your heart rate by performing physical actions called vagal maneuvers, one of which is done by trying to bear down, achieved by breathing out with your stomach muscles but you don't let air out of your nose or mouth. These types of actions can make your vagus nerve slow electrical conduction through the atrioventricular (AV) node, which regulates the timing of the electrical pulses to the lower portion of the heart. If the self-administered vagal maneuvers are not effective (which happens about 20-40% of the time), the person should seek immediate treatment of intravenous medication at an emergency room to return the heart rate to normal. In the United States, about 50,000 emergency room visits a year are for paroxysmal supraventricular tachycardia, Ip said. In a previous study, people with the disorder treated themselves with either etripamil or a placebo nasal spray for a single episode of rapid heartbeat. Participants applied an electrocardiogram (ECG) patch at the onset of symptoms, did a vagal maneuver and self-administered the nasal spray if the rapid heartbeat continued -; keeping the ECG patch on for at least five hours. In that study, the first time that etripamil was used without direct supervision, normal heart rhythms were restored within 30 minutes in 54% of patients, compared to 35% with placebo, and the medication was found to be safe and well tolerated. The ECG patch is a wearable heart monitor that has a small device with an adhesive that sticks on the chest skin surface and is wirelessly connected to a cell phone to transmit the ECG data. All people in that randomized trial were invited to participate in the current open-label study that allowed patients to self-treat with etripamil during multiple episodes of paroxysmal supraventricular tachycardia (PSVT). Of the 169 patients enrolled, 105 self-administered at least one dose of etripamil (70 mg) during the median 232-day study period. Related Stories The new study found: Etripamil restored heart rate to normal within 30 minutes in 60.2% of the 188 verified PSVT episodes, and within an hour in 75.1% of the episodes. Of the 40 participants who self-treated two episodes, 63.2% responded to the medication within 30 minutes. Nine people (23%) did not convert to a normal heart rate on either episode, and 21 (53%) converted to normal heart rate on both episodes. Safety was assessed regardless of whether the episode was confirmed by ECG. Thirty-four participants (32.4%) reported one or more side effects from the medication, most commonly mild-to-moderate nasal congestion or discomfort, or a runny nose. There were no serious heart-related adverse events. "There are no great options for patients to self-treat paroxysmal supraventricular tachycardia, and this condition can cause significant distress and anxiety," Ip said. "Similar to an albuterol inhaler for asthma patients or an epinephrine pen for patients that have severe allergies or anaphylaxis, etripamil nasal spray may be a great option for people who have paroxysmal supraventricular tachycardia." Study details and background: The study began in Dec. 2018 and ended in Oct. 2020. Participants were an average age of 58 years old, 62% were women and about 83% were white adults, 8% African American adults, 3% Asian adults, 2% native Hawaiian or Pacific Islander adults and 5% other races. All participants had been diagnosed with paroxysmal supraventricular tachycardia and had experienced, on average, 9.7 episodes in the previous year. Most were taking long-acting medications to prevent rapid heartbeats. People were excluded from the study if they had certain other heart conditions such as atrial fibrillation. Participants were good at detecting when they were having rapid heart rhythms, with 92 (87.6%) of them having one or more episodes confirmed by ECG. Verified episodes were used to evaluate the medication's effectiveness. For people with atrial fibrillation (rapid and irregular heartbeats from the upper chambers of the heart), etripamil is being investigated for quickly slowing the heart rate down. Unlike previous studies comparing etripamil to a placebo, this open-label, follow-up study was limited by not having a control group (no one taking a placebo). The study is also limited by only including adults. Etripamil treatment of children ages 6-17 with paroxysmal supraventricular tachycardia is being evaluated in a separate study starting this year. Although the majority of participants in the current study self-identified as white, the researchers expect the results to be generalizable to people in other racial/ethnic groups because previous studies have shown that etripamil's metabolism and impact on the AV node are similar regardless of race/ethnicity. Source:

U.S. Food and Drug Administration Investments

35 Investments

U.S. Food and Drug Administration has made 35 investments. Their latest investment was in Realeve as part of their Grant on September 9, 2023.

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U.S. Food and Drug Administration Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/21/2023

Grant

Realeve

Yes

1

12/1/2022

Grant - III

Anivive

$0.25M

No

1

11/30/2022

Grant - III

Sonata Scientific

Yes

1

10/24/2022

Grant

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$99M

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10

10/24/2022

Grant

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$99M

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10

Date

9/21/2023

12/1/2022

11/30/2022

10/24/2022

10/24/2022

Round

Grant

Grant - III

Grant - III

Grant

Grant

Company

Realeve

Anivive

Sonata Scientific

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Amount

$0.25M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

1

1

1

10

10

U.S. Food and Drug Administration Portfolio Exits

5 Portfolio Exits

U.S. Food and Drug Administration has 5 portfolio exits. Their latest portfolio exit was VeraSci on July 26, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/26/2021

Acquired

$99M

2

7/30/2020

IPO

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$99M

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10

3/27/2014

IPO

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$99M

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10

6/20/2013

IPO

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$99M

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10

12/29/2011

Acquired

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$99M

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10

Date

7/26/2021

7/30/2020

3/27/2014

6/20/2013

12/29/2011

Exit

Acquired

IPO

IPO

IPO

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

2

10

10

10

10

U.S. Food and Drug Administration Partners & Customers

10 Partners and customers

U.S. Food and Drug Administration has 10 strategic partners and customers. U.S. Food and Drug Administration recently partnered with Flatiron on September 9, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

9/6/2023

Vendor

United States

FDA Taps Flatiron for 5-Year Real-World Data Collaboration

`` Flatiron Health and FDA will collaborate to explore the potential strengths and limitations of using real-world evidence through investigations of a broad set of research questions regarding the care and clinical outcomes of patients diagnosed with solid tumors and hematological malignancies . ''

1

8/25/2023

Vendor

United States

1

4/18/2023

Vendor

United States

1

4/10/2023

Partner

United States

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10

3/29/2023

Partner

United States

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10

Date

9/6/2023

8/25/2023

4/18/2023

4/10/2023

3/29/2023

Type

Vendor

Vendor

Vendor

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

FDA Taps Flatiron for 5-Year Real-World Data Collaboration

`` Flatiron Health and FDA will collaborate to explore the potential strengths and limitations of using real-world evidence through investigations of a broad set of research questions regarding the care and clinical outcomes of patients diagnosed with solid tumors and hematological malignancies . ''

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Sources

1

1

1

10

10

U.S. Food and Drug Administration Team

14 Team Members

U.S. Food and Drug Administration has 14 team members, including current Chief Technology Officer, Mohammed Sohail Chaudhry.

Name

Work History

Title

Status

Mohammed Sohail Chaudhry

U.S. Department of Treasury, and U.S. Agency for International Development

Chief Technology Officer

Current

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Name

Mohammed Sohail Chaudhry

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Work History

U.S. Department of Treasury, and U.S. Agency for International Development

Title

Chief Technology Officer

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Status

Current

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