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Amneal Announces Full Study Population Interim Phase 4 ELEVATE-PD Results, Reinforcing Previously Reported Benefits of CREXONT® in Parkinson's Disease

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Amneal (Nasdaq: AMRX) reported interim Phase 4 ELEVATE-PD results in 214 Parkinson's patients switched to CREXONT for six weeks. Across prior regimens, patients gained about 3.0–3.3 hours of daily “Good On” time, cut “Off” time by up to 3.2 hours, and improved MDS-UPDRS motor scores.

Among RYTARY switchers, continuous “Good On” nearly doubled to 6.27 hours and daily motor fluctuations fell 42.8%. Adverse events were mostly mild to moderate. In May 2026, the FDA approved a label update allowing CREXONT capsule contents to be sprinkled on applesauce.

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AI-generated analysis. Not financial advice.

Positive

  • Daily “Good On” time +3.33, +3.20, +3.03 hours across switch groups
  • Daily “Off” time reduced by up to 3.20 hours after switch
  • MDS-UPDRS total scores improved by 9.9–14.6 points at six weeks
  • RYTARY subgroup continuous “Good On” increased from 3.19 to 6.27 hours
  • RYTARY subgroup daily motor fluctuations reduced 42.8% to 2.98 episodes
  • FDA May 2026 label update adds applesauce administration option
  • ELEVATE-PD enrollment complete with 12‑month follow-up ongoing in 2026

Negative

  • Dizziness reported in 8.2% of treated patients
  • Falls occurred in 6.9% of patients during treatment
  • Nausea and dyskinesia each reported in 6.5% of patients
  • Hallucination and headache each occurred in 3.0% of patients
  • Contraindicated with nonselective MAO inhibitor antidepressants
  • Risk of somnolence, sudden sleep, dizziness during daily activities
  • Carbidopa/levodopa therapy may reduce vitamin B6 and be linked to seizures

Key Figures

Study population: 214 patients Good On time gain: +3.03 hours Good On time gain: +3.33 hours +5 more
8 metrics
Study population 214 patients Phase 4 ELEVATE-PD full interim analysis
Good On time gain +3.03 hours Patients switching from RYTARY, 6-week analysis
Good On time gain +3.33 hours Switch from IR CD/LD, 6-week analysis (n=156)
Off time reduction –3.20 hours Switch from IR CD/LD, 6-week analysis
MDS-UPDRS change –14.6 points Switch from IR CD/LD, total score improvement
Continuous Good On 3.19 to 6.27 hours RYTARY subgroup mean interval, baseline to Week 6
Motor fluctuations 5.28 to 2.98 RYTARY subgroup daily motor fluctuations, 42.80% reduction
Dizziness rate 8.2% Most common treatment-emergent adverse event in ELEVATE-PD

Market Reality Check

Price: $13.54 Vol: Volume 1,355,784 is sligh...
normal vol
$13.54 Last Close
Volume Volume 1,355,784 is slightly below the 20-day average of 1,616,833 (relative volume 0.84). normal
Technical Shares at $13.54 are trading above the $12.09 200-day MA and sit 12.22% below the 52-week high of $15.42, well above the 52-week low of $7.07.

Peers on Argus

AMRX gained 5.01% while peers were mixed: ANIP up 3.71%, BHC down 3.80%, INDV up...
1 Up 1 Down

AMRX gained 5.01% while peers were mixed: ANIP up 3.71%, BHC down 3.80%, INDV up 4.61%, PBH down 2.61%. The move appears stock-specific rather than a broad sector rotation.

Previous Clinical trial Reports

4 past events · Latest: Apr 20 (Positive)
Same Type Pattern 4 events
Date Event Sentiment Move Catalyst
Apr 20 ELEVATE-PD interim Positive -4.7% Interim Phase 4 ELEVATE-PD data showing >3 extra hours of daily “Good On”.
Dec 05 ELEVATE-PD interim Positive +2.0% First 55-patient ELEVATE-PD interim results with improved Good On and MDS-UPDRS.
Jun 25 Biosimilar Phase 3 Positive -1.0% Phase 3 topline success for ADL-018 XOLAIR biosimilar in 400 urticaria patients.
Apr 07 CREXONT sleep data Positive -2.3% Phase 3 CREXONT data showing significant PDSS-2 sleep quality improvements in PD.
Pattern Detected

Clinical trial announcements have often seen weak or negative price reactions, with more divergences than alignments between positive data and share performance.

Recent Company History

Over the past year, Amneal has released multiple positive clinical updates, especially around CREXONT and the ELEVATE-PD program. Prior interim ELEVATE-PD readouts on Dec 5, 2025 and Apr 20, 2026 showed clinically meaningful “Good On” gains but produced mixed stock reactions, including a -4.67% move on one update. Additional positive data on a XOLAIR biosimilar on Jun 25, 2025 and Phase 3 CREXONT sleep data on Apr 7, 2025 also saw modest to negative moves. Today’s positive reaction contrasts with that history.

Historical Comparison

-1.5% avg move · Across recent clinical trial announcements, AMRX averaged a -1.48% move. Today’s +5.01% gain on full...
clinical trial
-1.5%
Average Historical Move clinical trial

Across recent clinical trial announcements, AMRX averaged a -1.48% move. Today’s +5.01% gain on full ELEVATE-PD interim data marks a notably stronger reaction than prior trial updates.

CREXONT data progressed from Phase 3 sleep outcomes and early ELEVATE-PD interim cohorts to larger interim ELEVATE-PD populations, while Amneal also advanced a Phase 3 XOLAIR biosimilar program.

Market Pulse Summary

This announcement expands the ELEVATE-PD interim dataset to 214 patients and reinforces CREXONT’s ab...
Analysis

This announcement expands the ELEVATE-PD interim dataset to 214 patients and reinforces CREXONT’s ability to add roughly 3 extra hours of daily “Good On” time with reduced “Off” periods and improved MDS-UPDRS scores. These findings build on earlier Phase 3 and Phase 4 readouts, supporting CREXONT’s differentiated extended-release profile. Investors may watch for 12‑month outcomes, patient‑reported measures, safety durability, and how this evidence translates into real-world adoption within Parkinson’s treatment algorithms.

Key Terms

phase 4, extended-release, mds-updrs, treatment-emergent adverse events, +3 more
7 terms
phase 4 medical
"Phase 4 ELEVATE-PD interim data from the entire study population (n=214)..."
Phase 4 is the stage after a drug or vaccine has been approved and is sold to the public, where regulators and companies keep watching how it performs in the real world to detect rare side effects, long‑term effects, or differences in effectiveness across different groups. Think of it as ongoing quality control for a product already on shelves; results can prompt label changes, safety warnings, sales impacts or recalls, all of which matter to investors evaluating risk and future revenue.
extended-release medical
"CREXONT® (carbidopa and levodopa) extended-release capsules, regardless of whether..."
Extended-release is a drug formulation designed to release its active ingredient slowly over an extended period so the medicine stays at steadier levels in the body and usually needs to be taken less often—think of a timed-release coffee versus sipping many short espressos. Investors care because extended-release versions can improve patient adherence, reduce side effects, and create product differentiation that supports higher pricing, longer commercial lifecycles, and clearer revenue visibility, while also attracting specific regulatory and manufacturing considerations.
mds-updrs medical
"Improved MDS-UPDRS Total Scores Improvements of –14.6, –9.9, and –10.0 points..."
A clinician-rated scorecard used to measure the severity and progression of Parkinson’s disease symptoms, covering movement problems, daily activities and other related issues. Investors use changes in this score during clinical trials as a clear, standardized signal of a drug’s effectiveness—similar to a report card showing whether a treatment meaningfully improves patients’ lives, which can influence regulatory approval, market expectations and a company’s valuation.
treatment-emergent adverse events medical
"In the study, treatment-emergent adverse events (TEAEs) were generally mild to moderate..."
Events or symptoms that either appear for the first time or get worse after a patient starts a treatment; think of new or intensified side effects that show up once medicine or a medical device is used. Investors watch these closely because they affect whether a therapy can gain regulatory approval, be prescribed widely, or face legal and commercial setbacks—similar to how early customer complaints can sink a new product’s prospects.
monoamine oxidase (mao) inhibitors medical
"CREXONT should not be taken with antidepressant medications known as nonselective monoamine oxidase (MAO) inhibitors."
Monoamine oxidase (MAO) inhibitors are a class of drugs that block an enzyme which breaks down certain brain chemicals that affect mood and behavior; think of them as temporarily removing a cleanup crew so messengers stay around longer. They matter to investors because they can offer treatment for depression and neurological conditions, but carry notable safety, drug interaction and regulatory concerns that influence clinical development, labeling, sales potential and liability risk.
mucoadhesive polymer medical
"formulation that uses a novel mucoadhesive polymer designed to optimize levodopa delivery..."
A mucoadhesive polymer is a special type of material designed to stick to the moist linings inside the body (like the nose, mouth, throat, or gut) so a medicine stays in place longer. For investors, this matters because products that use these polymers can deliver drugs more effectively, reduce how often patients need dosing, and create competitive, patentable advantages that can boost commercial value and regulatory prospects—think of it as glue that helps a drug stay where it works best.
carbidopa/levodopa medical
"Treatment with carbidopa/levodopa, including CREXONT, may contribute to reduced vitamin B6 levels."
A combination medication used to treat symptoms of Parkinson’s disease by supplying a dopamine precursor (levodopa) and a companion drug (carbidopa) that keeps more of that medicine available in the brain. Think of levodopa as the fuel the brain needs and carbidopa as the protective cap that prevents most of the fuel from leaking away before it reaches the engine. Investors watch this drug because regulatory approvals, new formulations, patent status and competition from generics directly affect sales, treatment adoption and the value of companies developing or selling Parkinson’s therapies.

AI-generated analysis. Not financial advice.

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  • Phase 4 ELEVATE-PD interim data from the entire study population (n=214) continue to show clinically meaningful, consistent benefits of CREXONT across all prior treatment groups
  • Substantial increases in daily “Good On” time, reductions in “Off” time, and meaningful improvements in motor function were observed after switching to CREXONT®
  • Patients switching to CREXONT® from RYTARY® gained 3.03 hours of additional daily “Good On” time and nearly doubled the duration of continuous “Good On” intervals, enabling longer, uninterrupted periods of symptom control

BRIDGEWATER, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- Amneal Pharmaceuticals, Inc. (Nasdaq: AMRX) (“Amneal” or the “Company”), today announced new positive interim results from its ongoing Phase 4 ELEVATE-PD study, which are being presented at the Advanced Therapeutics in Movement & Related Disorders® (ATRMD) 2026 Congress on June 5, 2026.

The entire study population (n=214) evaluated after six weeks of treatment demonstrated substantial clinical benefit after switching to CREXONT® (carbidopa and levodopa) extended-release capsules, regardless of whether patients switched from immediate-release carbidopa/levodopa (IR CD/LD), IR CD/LD plus a COMT inhibitor, or RYTARY® (carbidopa and levodopa) extended-release capsules. These interim findings build on the established efficacy and safety profile of CREXONT demonstrated in the Phase 3 RISE-PD trial, and reflected in the FDA-approved prescribing information.

After patients switched from prior therapies, treatment with CREXONT delivered meaningful increases in “Good On” time, reductions in “Off” time, and improved motor symptom control. Patients switching from RYTARY achieved consistent gains in continuous “Good On” intervals, the length of uninterrupted time patients experience “Good On.”

The most common adverse events (≥3%) in the study were dizziness (8.2%), fall (6.9%), nausea (6.5%), dyskinesia (6.5%), hallucination (3.0%), and headache (3.0%). 

“The results from the entire study population highlight the consistency of CREXONT in delivering meaningful benefit to patients, regardless of the therapy they had been using,” said Stuart Isaacson, MD, a Study Investigator and Director of the Parkinson’s Disease and Movement Disorders Center in Boca Raton, FL. “This kind of reproducible, real-world signal is what gives us confidence as clinicians that patients will experience more “Good On” time and less interruptions to their daily lives.”

“Consistent with the previously reported results, the interim data from the entire study population of ELEVATE-PD underscores CREXONT ability to give patients more predictable symptoms control,” added Dr. Avinash Desai, Senior Vice President and Chief Scientific Officer, Specialty, at Amneal. “We believe these results further support CREXONT as a differentiated extended-release oral therapy, giving patients longer continuous “Good On” time per day.”

Overall Interim Findings (Entire Study Population, 214Patients; Six-Week Analysis)
All 214 patients who switched to CREXONT (mean age 67.1±9.07 years):

Increased Daily “Good On” Time:

  • +3.33 hours when switching from IR CD/LD (n=156)
  • +3.20 hours when switching from IR CD/LD + COMT inhibitor (n=17)
  • +3.03 hours when switching from RYTARY (n=41)

Reduced Daily “Off” Time:

  • –3.20 hours when switching from IR CD/LD
  • –2.96 hours when switching from IR CD/LD + COMT inhibitor
  • –2.4 hours when switching from RYTARY

Improved MDS-UPDRS Total Scores

  • Improvements of –14.6, –9.9, and –10.0 points when switching from IR CD/LD, IR CD/LD + COMT inhibitor, and RYTARY, respectively — reductions of this magnitude reflect clinically meaningful gains in overall motor function

Subgroup Analysis: Additional Interim Findings in Patients Switching from RYTARY®
Among the 41 patients switching from RYTARY, CREXONT delivered particularly notable gains in symptom control:

  • Mean duration of continuous “Good On” intervals nearly doubled, increasing from 3.19 hours at baseline to 6.27 hours at Week 6, a 3.08-hour gain in uninterrupted symptom control
  • Mean daily motor fluctuations were meaningfully reduced, decreasing from 5.28 at baseline to 2.98 at Week 6, a 2.26 (42.80%) reduction in the average number of daily motor fluctuations

Safety: In the study, treatment-emergent adverse events (TEAEs) were generally mild to moderate and consistent with prior therapy. The most common (≥3%) in the study were dizziness (8.2%), fall (6.9%), nausea (6.5%), dyskinesia (6.5%), hallucination (3.0%), and headache (3.0%). 

CREXONT should not be taken with antidepressant medications known as nonselective monoamine oxidase (MAO) inhibitors. CREXONT may cause falling asleep during activities of daily living, somnolence, or dizziness. Treatment with carbidopa/levodopa, including CREXONT, may contribute to reduced vitamin B6 levels. Seizures associated with vitamin B6 deficiency have been reported. Evaluate vitamin B6 levels before and during treatment with carbidopa/levodopa therapies.

CREXONT is Amneal’s next-generation extended-release carbidopa/levodopa (CD/LD) formulation that uses a novel mucoadhesive polymer designed to optimize levodopa delivery and absorption, providing the longest-lasting levodopa plasma levels of any oral CD/LD therapy available today. In May 2026, the FDA approved a labeling update providing an additional administration option for patients who have difficulty swallowing intact capsules, who may now take CREXONT by carefully opening and sprinkling the capsule contents on a small amount of applesauce, which should be immediately consumed.

With enrollment in ELEVATE-PD now complete and patients continuing through the 12-month follow-up period, Amneal will present longer-term outcomes and patient-reported results throughout 2026, building a comprehensive body of evidence for CREXONT’s impact on motor symptom control and functional independence for people living with Parkinson’s disease.

About CREXONT®
CREXONT is an innovative formulation consisting of immediate-release granules with carbidopa and levodopa for rapid onset of action and extended-release pellets containing a mucoadhesive polymer technology with a levodopa core for long-lasting efficacy. CREXONT formulation and dosage strengths are different from RYTARY® (carbidopa and levodopa) extended-release capsules approved by the U.S. FDA in 2015. Learn more about CREXONT at crexont.com.

About ELEVATE-PD
ELEVATE-PD is an open-label, Phase 4, multi-center clinical study designed to evaluate the real-world efficacy and safety of switching to CREXONT in adults with Parkinson’s disease experiencing motor complications such as OFF periods and dyskinesia despite being on a stable dose of an oral levodopa-based regimen. The trial has enrolled 232 participants and is currently evaluating them in a 12-month follow-up period, consisting of 4 clinical visits.

INDICATION
CREXONT (carbidopa and levodopa) extended-release capsules for oral use is indicated for the treatment of Parkinson’s disease, post-encephalitic parkinsonism, and parkinsonism that may follow carbon monoxide intoxication or manganese intoxication in adults.

IMPORTANT SAFETY INFORMATION

  • Do not take CREXONT with antidepressant medications known as nonselective monoamine oxidase (MAO) inhibitors.
  • Do not take CREXONT with other carbidopa-levodopa preparations without consulting your healthcare provider.
  • CREXONT may cause falling asleep during activities of daily living, somnolence, or dizziness. Avoid activities that require alertness such as driving and operating machinery, until you know how CREXONT affects you.
  • Your doctor should evaluate vitamin B6 levels before and during treatment with carbidopa/levodopa therapies as seizures associated with low levels of vitamin B6 have been reported. Traditional anti-seizure medications were not effective, and seizures were only resolved after vitamin B6 administration.
  • Other symptoms of vitamin B6 deficiency include depression, confusion, cracked corners of the mouth, swollen tongue, skin inflammation, low red blood cell count, and/or numbness, tingling, or weakness in the extremities. Your doctor may advise you to take vitamin B6 as necessary.
  • The most common side effects that may occur with CREXONT are nausea and anxiety.
  • Avoid sudden discontinuation or rapid dose reduction with CREXONT. If you are discontinuing CREXONT, work with your healthcare provider to taper the dose over time to reduce the risk of fever or confusion.
  • You may take CREXONT with or without food; but taking it with food may decrease or delay its effect. Consider taking the first dose of the day about 1 to 2 hours before eating.
  • Swallow CREXONT whole. Do not chew, divide, or crush the capsules.
  • Do not take CREXONT with alcohol.

Tell your healthcare provider if you:

  • Have any heart conditions, especially if you have had a heart attack or irregular heartbeats.
  • Experience hallucinations or abnormal thoughts and behaviors.
  • Have an inability to control urges to gamble, have increased sexual urges, or experience other intense urges.
  • Have thoughts of suicide or have attempted suicide.
  • Have abnormal involuntary movements that appear or get worse during treatment.
  • Have ever had a peptic ulcer or glaucoma.
  • Become or intend to become pregnant. Based on animal data, CREXONT may cause fetal harm.
  • Are breastfeeding during therapy.
  • Have side effects; your doctor can adjust your dose.

To report SUSPECTED ADVERSE REACTIONS, contact Amneal Specialty, a division of Amneal Pharmaceuticals LLC at 1-877-835-5472 or the FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.

Please read the full Prescribing Information. For more information talk to your healthcare provider.

About Parkinson’s Disease
Parkinson’s disease (PD) has become the fastest growing neurological disorder worldwide, with approximately 1 million people diagnosed in the U.S. It is a progressive disorder of the central nervous system (CNS) that affects dopamine-producing neurons in the brain that affect movement. PD is characterized by slowness of movement, stiffness, resting tremor and impaired balance. While PD is not considered a fatal disease, it is associated with significant morbidity and disability. The average age at diagnosis for people with PD is 60; as people live longer, the number of people living with PD is predicted to grow significantly over the coming decades.

About Amneal
Amneal Pharmaceuticals, Inc. (Nasdaq: AMRX), headquartered in Bridgewater, New Jersey, is a diversified, global biopharmaceutical leader focused on expanding access to affordable and innovative medicines. Founded in 2002 by brothers and co-CEOs Chirag and Chintu Patel, Amneal was built on the belief that innovation only matters if it’s accessible. Today, Amneal has a diverse and growing portfolio of approximately 300 complex, specialty and biosimilar medicines, delivering over 160 million prescriptions each year, primarily in the United States. Our Affordable Medicines segment spans retail, injectable, and biosimilar products. Our Specialty segment provides branded treatments in neurology, including Parkinson’s disease and migraine, and endocrinology. Our AvKARE segment distributes pharmaceuticals and medical products to U.S. federal, retail, and institutional customers. For more information, visit www.amneal.com and follow us on LinkedIn.

Cautionary Statement on Forward-Looking Statements
Certain statements contained herein, regarding matters that are not historical facts, may be forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Such forward-looking statements include statements regarding management’s intentions, plans, beliefs, expectations, financial results, or forecasts for the future, including among other things: discussions of future operations; expected or estimated operating results and financial performance; and statements regarding our positioning, including our ability to drive sustainable long-term growth, and other non-historical statements. Words such as “plans,” “expects,” “will,” “anticipates,” “estimates,” and similar words, or the negatives thereof, are intended to identify estimates and forward-looking statements. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with the Securities and Exchange Commission, including under Item 1A, “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and in its subsequent reports on Forms 10-Q and 8-K. Forward-looking statements included herein speak only as of the date hereof and we undertake no obligation to revise or update such statements to reflect the occurrence of events or circumstances after the date hereof.

Investor Contact
Anthony DiMeo
VP, Investor Relations
anthony.dimeo@amneal.com

Media Contact
Brandon Skop
Sr. Director, Corporate Communications
brandon.skop@amneal.com


FAQ

What are the key Phase 4 ELEVATE-PD interim results for Amneal (AMRX) and CREXONT in 2026?

ELEVATE-PD interim data show CREXONT improved motor control after six weeks in 214 Parkinson’s patients. According to Amneal, patients gained about 3 extra “Good On” hours daily, reduced “Off” time, and showed clinically meaningful MDS-UPDRS motor score improvements across all prior treatment groups.

How did CREXONT change daily “Good On” and “Off” time in the ELEVATE-PD study for AMRX?

CREXONT increased daily “Good On” time by roughly 3.0–3.3 hours and cut “Off” time by up to 3.20 hours. According to Amneal, these benefits were seen after six weeks across patients switching from IR CD/LD, IR CD/LD plus COMT inhibitor, and RYTARY.

What were the results for patients switching from RYTARY to CREXONT in ELEVATE-PD for Amneal (AMRX)?

Among 41 RYTARY switchers, CREXONT nearly doubled continuous “Good On” intervals, from 3.19 to 6.27 hours. According to Amneal, average daily motor fluctuations fell from 5.28 to 2.98 episodes, a 2.26-episode (42.8%) reduction after six weeks of treatment.

What safety profile did CREXONT show in the Phase 4 ELEVATE-PD interim analysis for AMRX?

Treatment-emergent adverse events were generally mild to moderate and consistent with prior therapy. According to Amneal, the most common events (≥3%) were dizziness (8.2%), falls (6.9%), nausea (6.5%), dyskinesia (6.5%), hallucination (3.0%), and headache (3.0%) during CREXONT treatment.

What new FDA-approved administration option did CREXONT receive in May 2026 for Amneal (AMRX)?

In May 2026, the FDA approved a CREXONT label update allowing capsule contents to be sprinkled on applesauce. According to Amneal, this option helps patients who have difficulty swallowing intact capsules, provided the applesauce mixture is consumed immediately after preparation.

What are the next steps for the ELEVATE-PD trial of CREXONT and how might this affect AMRX investors?

Enrollment in ELEVATE-PD is complete and patients are in a 12‑month follow-up phase. According to Amneal, longer-term outcomes and patient-reported results will be presented throughout 2026, potentially expanding evidence supporting CREXONT’s role in Parkinson’s motor symptom control.

How does Amneal describe CREXONT’s levodopa delivery compared with other oral CD/LD therapies?

CREXONT uses a mucoadhesive polymer formulation designed to optimize levodopa delivery and absorption. According to Amneal, this provides the longest-lasting levodopa plasma levels of any oral carbidopa/levodopa therapy currently available, supporting its positioning as a differentiated extended-release option.