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FDA Lifts Partial Clinical Hold on Tradipitant for Motion Sickness

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

Market Reaction 15 min delay 4 Alerts

+7.50% Since News
$5.59 Last Price
+$21M Valuation Impact
$307M Market Cap
1.1x Rel. Volume

Following this news, VNDA has gained 7.50%, reflecting a notable positive market reaction. Our momentum scanner has triggered 4 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $5.59. This price movement has added approximately $21M to the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

Vanda Pharmaceuticals (Nasdaq: VNDA) announced that the FDA lifted a partial clinical hold on protocol VP-VLY-686-3403 effective Dec 4, 2025, removing a prior 90-dose limit on tradipitant dosing.

The agency agreed motion sickness is an acute, event-driven condition, eliminating the need for an additional six-month dog toxicity study and allowing Vanda to extend clinical studies of tradipitant. Separately, the company noted the New Drug Application for tradipitant to prevent motion-induced vomiting remains under review with a PDUFA target action date of Dec 30, 2025.

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Positive

  • Partial clinical hold lifted on protocol VP-VLY-686-3403 (Dec 4, 2025)
  • FDA removed requirement for a six-month dog toxicity study
  • PDUFA target action date set for Dec 30, 2025

Negative

  • NDA decision remains pending with regulatory risk until Dec 30, 2025
  • Protocol previously limited to 90 doses while under partial hold

Key Figures

Prior dosing limit 90 doses Maximum tradipitant doses allowed under the former partial clinical hold
PDUFA date December 30, 2025 Target action date for tradipitant NDA in motion sickness
Time since last therapy over 40 years Potentially first new pharmacologic treatment for motion sickness in this period
Price move 7.11% VNDA pre-news 24h price change
52-week range $3.81–$5.70 VNDA 52-week low and high before this news
Clinical hold status Partial hold lifted FDA removed dosing limit on protocol VP-VLY-686-3403
Market cap $290,755,420 Market capitalization before the news
CDER re-review Expedited FDA CDER leadership conducted expedited re-review after dispute resolution

Market Reality Check

$5.22 Last Close
Volume Volume 701,695 is below 20-day average of 873,030 (relative volume 0.8x). normal
Technical Price $5.27 is trading above the 200-day MA of $4.66 and within 7.54% of the 52-week high.

Peers on Argus 1 Up

Only 1 peer in momentum scanners and moving up, while VNDA gained 7.11%, indicating a company-specific reaction rather than a broad biotechnology move.

Historical Context

Date Event Sentiment Move Catalyst
Nov 28 Regulatory update Positive +1.1% FDA extended expedited re-review of partial clinical hold; PDUFA date unchanged.
Nov 17 Clinical results Positive +1.1% Tradipitant reduced GLP-1–induced vomiting with statistically significant efficacy.
Nov 05 Conference participation Neutral -0.7% Announcement of participation and presentation timing at a healthcare conference.
Oct 29 Earnings and pipeline Negative -3.0% Q3 loss, lowered 2025 revenue and cash guidance, plus multiple regulatory milestones.
Oct 22 Earnings notice Neutral +0.9% Scheduled Q3 2025 earnings release and conference call details.
Pattern Detected

Recent VNDA news has generally been followed by modest price moves that align with the tone of announcements, including positive clinical/regulatory updates and mixed financial results.

Recent Company History

Over the last few months, VNDA has focused on tradipitant and broader pipeline and financial milestones. On Nov 28, the company highlighted the FDA’s expedited re-review of a partial clinical hold and confirmed the Dec 30, 2025 PDUFA date. Earlier, on Nov 17, tradipitant showed positive results in GLP-1–induced nausea and vomiting. Q3 2025 results on Oct 29 combined higher sales with a net loss and updated guidance. Today’s FDA decision on lifting the partial hold fits into this ongoing regulatory trajectory for tradipitant.

Regulatory & Risk Context

Short Interest
7.88%
0% 15% 30%+
moderate

Short interest at 7.88% of float with 11.25 days to cover suggests moderate positioning that could amplify reactions to significant news but does not indicate an extreme short squeeze setup.

Market Pulse Summary

The stock is up +7.5% following this news. A strong positive reaction aligns with the FDA’s decision to lift the partial clinical hold on tradipitant and the confirmed Dec 30, 2025 PDUFA date. Historically, VNDA’s share price moves have generally tracked the tone of regulatory and clinical news. With moderate short interest of 7.88% and 11.25 days to cover, reactions could be amplified but are not purely short-driven. Investors may monitor future regulatory milestones and any further tradipitant updates for sustainability.

Key Terms

partial clinical hold regulatory
"FDA has lifted the partial clinical hold on protocol VP-VLY-686-3403"
A partial clinical hold is a temporary restriction imposed by health regulators that pauses certain parts of a medical trial while allowing others to continue. For investors, it signals potential delays or issues with a company's development of new treatments, which can impact future growth prospects. It’s like putting a project on hold in some areas while others keep moving forward.
New Drug Application regulatory
"ongoing review of the pending, fully completed New Drug Application for tradipitant"
A new drug application is a formal request submitted to government regulators seeking approval to market a new medicine. It is like a detailed proposal that shows the drug has been tested for safety and effectiveness. For investors, receiving approval signals that the drug may soon become available for sale, potentially leading to revenue growth and impacting the company's value.

AI-generated analysis. Not financial advice.

WASHINGTON, Dec. 4, 2025 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Nasdaq: VNDA) today announced that the U.S. Food and Drug Administration (FDA) has lifted the partial clinical hold on protocol VP-VLY-686-3403, which until today limited the protocol to a maximum of 90 doses of tradipitant.

The lift followed Vanda's formal dispute resolution request and an expedited re-review conducted by CDER leadership under the collaborative framework established between Vanda and the FDA in October 2025.

The FDA agreed with Vanda's position that motion sickness is an acute, self-limiting physiologic response rather than a chronic or chronic-intermittent condition. The Agency therefore concluded that the use of tradipitant in motion sickness represents an acute, event-driven therapy, eliminating the need for an additional six-month dog toxicity study and rendering the partial clinical hold unnecessary.

This decision allows Vanda to extend clinical studies of tradipitant in motion sickness. Separately, the ongoing review of the pending, fully completed New Drug Application for tradipitant for the prevention of vomiting induced by motion remains on track, with a PDUFA target action date of December 30, 2025, positioning tradipitant as potentially the first new pharmacologic treatment for motion sickness in over 40 years.

"The swift and favorable resolution of this issue highlights the effectiveness of our collaborative framework with the FDA," said Mihael H. Polymeropoulos, M.D., President and CEO of Vanda. "We thank the Agency for its thorough and expedited scientific review and look forward to continued constructive dialogue."

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 visit www.vandapharma.com and follow us on X @vandapharma.

About Tradipitant

Tradipitant is a neurokinin-1 receptor antagonist licensed by Vanda from Eli Lilly and Company. Tradipitant is currently in clinical development for a variety of indications, including gastroparesis, motion sickness, and the prevention of nausea and vomiting induced by GLP-1 receptor agonists. 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Various statements in this press release, including, but not limited to statements regarding Vanda's further clinical development plans for tradipitant, Vanda's pursuit of FDA approval of tradipitant for the prevention of vomiting induced by motion, the potential commercialization of tradipitant for such indication, and Vanda's future interactions with the FDA 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 complete its review of the NDA for tradipitant for the prevention of vomiting induced by motion by December 30, 2025, the FDA's assessment of the evidence supporting the safety and efficacy of tradipitant for the prevention of vomiting induced by motion, and the ability of the FDA and Vanda to continue to work together collaboratively. 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 at www.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 Moran
Senior Vice President, Chief Financial Officer and Treasurer
Vanda Pharmaceuticals Inc.
202-734-3400
pr@vandapharma.com

Jim Golden / Jack Kelleher / Dan Moore
Collected Strategies
VANDA-CS@collectedstrategies.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fda-lifts-partial-clinical-hold-on-tradipitant-for-motion-sickness-302633583.html

SOURCE Vanda Pharmaceuticals Inc.

FAQ

What did the FDA decide about Vanda's partial clinical hold on tradipitant (VNDA) on Dec 4, 2025?

The FDA lifted the partial clinical hold on protocol VP-VLY-686-3403, removing the prior 90-dose limit.

Why did the FDA lift the partial clinical hold on tradipitant for motion sickness (VNDA)?

The FDA agreed motion sickness is an acute, event-driven condition and concluded the extra six-month dog toxicity study was unnecessary.

How does the lift affect Vanda's tradipitant clinical studies (VNDA)?

Lifting the hold allows Vanda to extend clinical studies of tradipitant in motion sickness beyond the prior 90-dose limit.

When is the FDA's PDUFA target action date for tradipitant's NDA (VNDA)?

The New Drug Application for tradipitant has a PDUFA target action date of Dec 30, 2025.

Does the lift eliminate all regulatory risk for tradipitant (VNDA)?

No; the NDA review remains ongoing and a final FDA decision is still pending on Dec 30, 2025.
Vanda Pharma

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