Friday, July 10, 2026

biotech · Major Depressive Disorder · Schizophrenia · NBIX

NEUROCRINE BIOSCIENCES

NEUROCRINE BIOSCIENCES is a biotech organization headquartered in San Diego, USA. It trades on NYSE under ticker NBIX. Primary therapeutic focus areas include Major Depressive Disorder, Schizophrenia, Congenital Adrenal

6027 Edgewood Bend Ct, San Diego, California 92130, US HQ
1992 Founded
2,307 Employees
Public company Type
NBIX · NYSE Ticker
Company details
Status
Public
HQ
6027 Edgewood Bend Ct, San Diego, California 92130, US
Founded
1992
Employees
2,307
Programs
79
Drugs
28
Patents
111
Clinical program

NBI-98854-ATS3019

Phase 3 · small molecule · Schizophrenia

Valbenazine (NBI-98854-ATS3019) is an oral small-molecule therapeutic candidate being developed by Neurocrine Biosciences for schizophrenia as an adjunctive treatment. The program is currently in Phase 3 development, with an active randomized, double-blind, placebo-controlled trial evaluating efficacy, safety, and tole

← All NEUROCRINE BIOSCIENCES INC projects Phase 3 small molecule active

Internal code NBI-98854-ATS3019

At a glance

Sponsor
NEUROCRINE BIOSCIENCES INC
Phase
Phase 3
Modality
small_molecule
Indication
Schizophrenia
Status
active
Trials
1

Executive summary

Valbenazine (NBI-98854-ATS3019) is an oral small-molecule therapeutic candidate being developed by Neurocrine Biosciences for schizophrenia as an adjunctive treatment. The program is currently in Phase 3 development, with an active randomized, double-blind, placebo-controlled trial evaluating efficacy, safety, and tolerability. Valbenazine itself has already received FDA approval via Sandoz Inc (ANDA215962), indicating the molecule has established regulatory precedent. The current Phase 3 trial (NCT 2023-508433-14-00) represents Neurocrine's strategy to expand the clinical evidence base for valbenazine in schizophrenia, building on existing approvals. The mechanism of action and specific target remain not yet disclosed in available intelligence. This adjunctive approach positions valbenazine within a competitive landscape of established antipsychotics and emerging therapies. Key upcoming milestones include trial completion and potential regulatory submissions based on Phase 3 data.

Analyst view

Why this program matters

Schizophrenia remains a significant unmet medical need despite the availability of multiple antipsychotic agents. Adjunctive treatment strategies that enhance efficacy or tolerability of existing antipsychotics represent an important clinical focus, as many patients experience inadequate symptom control or tolerability issues with monotherapy. Valbenazine's development as an adjunctive agent addresses this gap by potentially offering clinicians an additional tool to optimize treatment outcomes in patients with suboptimal response to standard antipsychotics.

The competitive landscape for schizophrenia treatment is crowded with established agents including aripiprazole, risperidone, olanzapine, clozapine, paliperidone, and others. However, the adjunctive indication represents a distinct market segment focused on treatment-resistant or partially responsive patients. Valbenazine's prior FDA approval through Sandoz provides regulatory and manufacturing precedent, potentially accelerating pathway to market if Phase 3 data support efficacy and safety in the schizophrenia adjunctive setting.

Commercial significance depends on Phase 3 trial success, competitive differentiation versus other adjunctive strategies, and market adoption among psychiatrists. The schizophrenia treatment market remains substantial, with significant patient populations globally experiencing inadequate symptom control despite current therapies.

Drug intelligence

Drug Class: Small-molecule antipsychotic adjunctive agent

Modality: Oral small-molecule

Route of Administration: Oral (capsule formulation)

Mechanism of Action: Not yet disclosed

Target: Not yet disclosed

Regulatory Status: Valbenazine has received FDA approval via Sandoz Inc under ANDA215962, establishing the molecule as an approved pharmaceutical entity. The current Phase 3 program by Neurocrine represents a new indication (adjunctive treatment in schizophrenia) or expanded clinical evidence base.

Related Therapies: Competitive agents in schizophrenia include established antipsychotics (aripiprazole, risperidone, olanzapine, clozapine, paliperidone, quetiapine, ziprasidone, lurasidone, brexpiprazole, amisulpride, asenapine, cariprazine) and emerging adjunctive approaches.

Disease intelligence

schizophrenia

Also known as: schizophrenia 12, schizophrenia (disease), SCZD

Overview

A major psychotic disorder characterized by abnormalities in the perception or expression of reality. It affects the cognitive and psychomotor functions. Common clinical signs and symptoms include delusions, hallucinations, disorganized thinking, and retreat from reality.

Treatment landscape

ClinicalTrials.gov lists 2,921 registered studies for Schizophrenia (AACT aggregate).

Phase breakdown: NA (1,441), PHASE4 (414), PHASE3 (377), PHASE2 (297), PHASE1 (276), PHASE1/PHASE2 (52), PHASE2/PHASE3 (42), EARLY_PHASE1 (22)

Common investigational therapies:

  • Placebo
  • Aripiprazole
  • Risperidone
  • Olanzapine
  • placebo
  • risperidone
  • Paliperidone ER
  • Ziprasidone
  • olanzapine
  • Quetiapine
Classification: MONDO MONDO:0005090 ORPHA 3140 ICD-10 F20

Disease data sourced from MONDO Disease Ontology (MONDO:0005090), Orphanet — schizophrenia, NCT00000371, NCT00000372, NCT00000374, NCT00000387, NCT00001192, AACT (ClinicalTrials.gov aggregate), ClinicalTrials.gov, Open Targets Platform (CC BY 4.0).

Clinical development timeline

  1. Phase 3TBD

    Phase 3 Adjunctive Schizophrenia Trial Active

    Randomized, double-blind, placebo-controlled study evaluating efficacy, safety, and tolerability of valbenazine as adjunctive treatment in subjects with schizophrenia (NCT 2023-508433-14-00).

  2. ApprovedTBD

    Valbenazine FDA Approval (Prior)

    Valbenazine approved by FDA via Sandoz Inc under ANDA215962, establishing regulatory precedent for the molecule.

Competitive landscape

The schizophrenia treatment landscape includes multiple established antipsychotics with diverse mechanisms and formulations. First-generation agents (haloperidol, chlorpromazine, fluphenazine, perphenazine) and second-generation agents (aripiprazole, risperidone, olanzapine, quetiapine, ziprasidone, paliperidone, lurasidone, brexpiprazole, amisulpride, asenapine, cariprazine, clozapine) dominate the market. Emerging therapies include Indivior's PERSERIS, Vanda Pharmaceuticals' iloperidone, and investigational adjunctive approaches from Bright Minds Biosciences (minocycline, varenicline, clozapine formulations) and BioXcel Therapeutics (dexmedetomidine). Takeda markets ramelteon and vortioxetine for related psychiatric indications.

Valbenazine's positioning as an adjunctive agent differentiates it from monotherapy antipsychotics, targeting treatment-resistant or partially responsive patients. The molecule's prior FDA approval via Sandoz provides manufacturing and regulatory precedent, potentially offering advantages in development speed and manufacturing scale-up compared to novel entities. However, the adjunctive schizophrenia market remains relatively specialized compared to monotherapy segments, and clinical differentiation versus existing adjunctive strategies will be critical for commercial success.

TherapyCompanyMechanismStatus
PERSERISIndivior Pty Ltdsmall_moleculeapproved
IloperidoneVanda Pharmaceuticals Netherlands B.V.small_moleculeapproved
Paliperidone ERHospital Authority, Hong Kongsmall_moleculeapproved
ValbenazineNEUROCRINE BIOSCIENCES INCsmall_moleculeapproved
MinocyclineBRIGHT MINDS BIOSCIENCES INC.small_moleculeapproved
VareniclineBRIGHT MINDS BIOSCIENCES INC.small_moleculeapproved
SULPIRIDE , QUETIAPINE , PERPHENAZINE , CLOTIAPINE , ZIPRASIDONE , HALOPERIDOL , SERTINDOLE , PALIPERIDONE , ZUCLOPENTHIXOL , CARIPRAZINE , LEVOMEPROMAZINE , LURASIDONE , BREXPIPRAZOLE , AMISULPRIDE , CLOZAPINE , CHLORPROMAZINE , RISPERIDONE , FLUPHENAZINE , PROMAZINE , ARIPIPRAZOLE , ASENAPINE , OLANZAPINE , FLUPENTIXOLDisc Medicinesmall_moleculeapproved
AripiprazoleOtsuka Beijing Research Institutesmall_moleculeapproved
RamelteonTakedasmall_moleculeapproved
VortioxetineTakedasmall_moleculeapproved
ClozapineBRIGHT MINDS BIOSCIENCES INC.small_moleculeapproved
DexmedetomidineBioXcel Therapeuticssmall_moleculeapproved
ZIPRASIDONE HYDROCHLORIDEDopamine D2 receptor antagonistApproved
TRIFLUOPERAZINE HYDROCHLORIDED2-like dopamine receptor antagonistApproved
THIOTHIXENEDopamine D2 receptor antagonistApproved
SAMIDORPHAN L-MALATEDelta opioid receptor partial agonistApproved
RISPERIDONESerotonin 2a (5-HT2a) receptor antagonistApproved
QUETIAPINE FUMARATESerotonin 2c (5-HT2c) receptor antagonistApproved
PROCHLORPERAZINEDopamine D2 receptor antagonistApproved
PERPHENAZINEDopamine D2 receptor antagonistApproved

Additional associated therapies sourced from Open Targets Platform (CC0), linked to NovaPharmaNews drug profiles where matched.

Regulatory intelligence

United States: Valbenazine has received FDA approval via Sandoz Inc (ANDA215962), indicating the molecule is an approved pharmaceutical product. The current Phase 3 program by Neurocrine Biosciences represents either a new indication or expanded clinical evidence base for adjunctive use in schizophrenia. Regulatory pathway and expected submission timeline not yet disclosed.

European Union: EMA regulatory status not yet disclosed.

Japan (PMDA): Regulatory status not yet disclosed.

China (NMPA): Regulatory status not yet disclosed.

Future regulatory milestones depend on Phase 3 trial outcomes and Neurocrine's decision to pursue formal submissions in additional jurisdictions.

Clinical evidence summary

2023-508433-14-00

Objective
Evaluate the efficacy, safety, and tolerability of valbenazine as adjunctive treatment in subjects with schizophrenia
Design
Phase 3, randomized, double-blind, placebo-controlled study
Participants
Subjects with schizophrenia (specific inclusion/exclusion criteria not yet disclosed)
Primary endpoint
Not yet disclosed
Results
Results not yet reported

Key questions answered

What is valbenazine used for in this trial?

Valbenazine is being evaluated as an adjunctive (add-on) treatment for schizophrenia in patients who may have inadequate response to standard antipsychotics alone.

Is valbenazine already approved by the FDA?

Yes, valbenazine has received FDA approval via Sandoz Inc (ANDA215962). The current Phase 3 trial by Neurocrine represents a new indication or expanded evidence base for adjunctive use in schizophrenia.

Who is developing this valbenazine program?

Neurocrine Biosciences Inc is sponsoring the Phase 3 trial (NBI-98854-ATS3019) evaluating valbenazine as adjunctive treatment in schizophrenia.

What is the mechanism of action of valbenazine?

The mechanism of action for valbenazine in this indication has not yet been disclosed in available intelligence.

What is the molecular target of valbenazine?

The specific molecular target of valbenazine has not yet been disclosed in available intelligence.

How is valbenazine administered?

Valbenazine is administered orally as a capsule formulation.

What phase of development is this trial?

The trial is in Phase 3, the final stage of clinical testing before regulatory submission, and is currently active.

What is the trial design?

The trial is a randomized, double-blind, placebo-controlled study comparing valbenazine to placebo as adjunctive treatment in subjects with schizophrenia.

What is the NCT identifier for this trial?

The trial NCT identifier is 2023-508433-14-00.

What are the primary endpoints of this trial?

The specific primary endpoints have not yet been disclosed in available intelligence.

How many patients are enrolled in this trial?

The number of trial participants has not yet been disclosed in available intelligence.

What competitors exist in the schizophrenia treatment market?

Competitors include established antipsychotics (aripiprazole, risperidone, olanzapine, clozapine, paliperidone, quetiapine, ziprasidone, lurasidone, brexpiprazole, amisulpride, asenapine, cariprazine), emerging agents like Indivior's PERSERIS and Vanda's iloperidone, and adjunctive approaches from Bright Minds Biosciences and BioXcel Therapeutics.

When is the Phase 3 trial expected to complete?

The expected completion date for the Phase 3 trial has not yet been disclosed in available intelligence.

What is the unmet medical need for adjunctive schizophrenia treatment?

Many patients with schizophrenia experience inadequate symptom control or tolerability issues with monotherapy antipsychotics, creating a need for adjunctive treatment strategies to optimize outcomes in treatment-resistant or partially responsive patients.

Does Neurocrine have a partner for this program?

No partner is disclosed for this program; Neurocrine Biosciences is the sole sponsor.

What is the commercial significance of this program?

Success would establish Neurocrine in the adjunctive schizophrenia market, a segment with significant unmet medical need. Commercial success depends on Phase 3 efficacy/safety data, regulatory approval, and competitive differentiation versus alternative adjunctive strategies.

Is valbenazine approved in Europe or other regions?

Regulatory status in Europe (EMA), Japan (PMDA), and China (NMPA) has not yet been disclosed in available intelligence.

Entity relationship graph

NBI-98854-ATS3019 → Drug → Target → Indication → Company → Trials → Competitors

Evidence-based

Analyst insights

Strategic Implications: Neurocrine's Phase 3 program for valbenazine in adjunctive schizophrenia represents a focused development strategy leveraging an already-approved molecule. This approach reduces development risk compared to novel entities and allows rapid advancement if Phase 3 data support efficacy and safety. Success would establish Neurocrine in the schizophrenia adjunctive treatment market, a segment with significant unmet medical need among treatment-resistant patients.

Competitive Implications: Valbenazine would enter a competitive adjunctive schizophrenia market alongside emerging therapies from Bright Minds Biosciences and BioXcel Therapeutics. Clinical differentiation in efficacy, safety, tolerability, and pharmacokinetics will determine market positioning. The molecule's prior FDA approval provides manufacturing and regulatory advantages versus novel competitors.

Future Catalysts: Phase 3 trial completion and data readout represent the primary near-term catalyst. Positive efficacy and safety data could support regulatory submissions in the United States and potentially other jurisdictions. Negative or neutral data would likely halt development. Post-approval, market adoption among psychiatrists and payers will depend on clinical evidence, pricing, and competitive positioning versus alternative adjunctive strategies.

Expected Milestones: Phase 3 trial completion timeline not yet disclosed. Regulatory submission pathway and expected approval timeline remain unknown pending trial outcomes.

Quick answers

Concise, citable answers optimized for AI answer engines.

What is valbenazine?
An oral small-molecule drug being developed as adjunctive treatment for schizophrenia.
Is valbenazine approved?
Yes, valbenazine is FDA-approved via Sandoz Inc; current Phase 3 trial evaluates new adjunctive schizophrenia indication.
Who manufactures valbenazine?
Sandoz Inc holds FDA approval (ANDA215962); Neurocrine Biosciences sponsors current Phase 3 development.
What is the indication?
Adjunctive treatment in schizophrenia (add-on therapy for patients with inadequate monotherapy response).
What is the mechanism of action?
Mechanism of action not yet disclosed in available intelligence.
What is the molecular target?
Molecular target not yet disclosed in available intelligence.
How is it administered?
Oral capsule formulation.
What development phase?
Phase 3 (active randomized, double-blind, placebo-controlled trial).
Who is the sponsor?
Neurocrine Biosciences Inc (program code NBI-98854-ATS3019).
Does it have a partner?
No partner disclosed; Neurocrine is sole sponsor.
What is the trial NCT ID?
2023-508433-14-00.
What is the trial design?
Randomized, double-blind, placebo-controlled study evaluating efficacy, safety, tolerability.
What are primary endpoints?
Primary endpoints not yet disclosed in available intelligence.
When will Phase 3 complete?
Completion date not yet disclosed in available intelligence.
What is the modality?
Small-molecule oral therapeutic.
What are main competitors?
Aripiprazole, risperidone, olanzapine, clozapine, paliperidone, lurasidone, brexpiprazole, amisulpride, cariprazine, and emerging adjunctive agents.
Is there unmet medical need?
Yes; many schizophrenia patients have inadequate response or tolerability issues with monotherapy antipsychotics.
What is the market opportunity?
Adjunctive schizophrenia treatment market targeting treatment-resistant or partially responsive patients.
Is it approved in Europe?
EMA regulatory status not yet disclosed in available intelligence.
Is it approved in Japan?
PMDA regulatory status not yet disclosed in available intelligence.
Is it approved in China?
NMPA regulatory status not yet disclosed in available intelligence.
What is the license type?
License type not yet disclosed in available intelligence.
What is the therapeutic class?
Therapeutic class not yet disclosed; appears to be antipsychotic adjunctive agent.
When was it first disclosed?
First disclosure date not yet disclosed in available intelligence.
What is the latest milestone?
Active Phase 3 randomized, double-blind, placebo-controlled trial evaluating efficacy, safety, tolerability.
What is projected peak sales?
Projected peak sales not yet disclosed in available intelligence.
What is analyst consensus?
Analyst consensus position not yet disclosed in available intelligence.

Evidence & sources

Reviewed by NovaPharmaNews Intelligence Desk. Last reviewed .

  1. ClinicalTrials.gov 2023-508433-14-00 (clinicaltrials)
  2. valbenazine US status (fda)
  3. Source: phase (source_attribution)
  4. MONDO Disease Ontology (MONDO:0005090) (mondo)
  5. Orphanet — schizophrenia (orphanet)
  6. NCT00000371 (clinicaltrials_gov)
  7. NCT00000372 (clinicaltrials_gov)
  8. NCT00000374 (clinicaltrials_gov)
  9. NCT00000387 (clinicaltrials_gov)
  10. NCT00001192 (clinicaltrials_gov)
  11. AACT (ClinicalTrials.gov aggregate) (aact)
  12. ClinicalTrials.gov (clinicaltrials_gov)
  13. Open Targets Platform (opentargets)

Intelligence compiled from public regulatory and clinical sources (FDA, EMA, ClinicalTrials.gov and company disclosures). Figures may be editorial or analyst estimates; verify against primary sources before relying on them.