Top News and Analysis for R&D and Executive Leaders

 

Week of 8.20.08

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Neil W Gibson of OSI Pharmaceuticals

Jeffrey Settleman Harvard Medical School and MGH Cancer Center

David Bailey of Chemoventures

N Claude Cohen of Synergix

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Business

As Avandia’s Market Share Plunges, GSK Clarifies Its Safety

In more Avandia fallout, an Impact RX report showed that Avandia’s (rosiglitazone; marketed as Avandia by GlaxoSmithKline [GSK]) share of the market for newly prescribed oral anti-diabetics fell to around zero from around 10% in the two days after a study in The New England Journal of Medicine (NEJM) reported that people taking the drug are at greater risk of having a heart attack. At the same time, Takeda Pharmaceutical Co. Ltd.'s rival drug Actos' (pioglitazone hydrochloride) share of the new prescription market increased from 10–22%. (5/29) AP/Forbes.com

In the meantime, GSK confirmed that a letter summarizing additional Avandia cardiovascular safety data from several large-scale clinical trials was published in The Lancet. Written by GSK’s Chief Medical Officer Dr. Ronald L. Krall, GSK says it provides the necessary context and clarifies the safety record of Avandia. (5/30) GlaxoSmithKline

See also:

Sen. Charles Grassley said the FDA’s own analysis of Avandia confirms the heart risks reported in NEJM. (5/25) AP/BusinessWeek

President-elect of the American Diabetes Association, John Buse, voiced concerns about heart risks among Avandia users in a letter to the FDA back in 2000. (5/24) Reuters

 

 

OPINION

Expanding Cancer Targets
By Irena Melnikova

Bio-IT World | The World Health Organization estimates that by 2020, there will be 16 million new cancer cases every year, and there is a continual need for novel therapies that will command premium pricing. In addition, as new medicines prolong life, some current short-term agents could see extended usage, thereby generating additional sales. These forces are driving the expansion of the global oncology market. 

Despite the wealth of potential targets, current drugs address only a handful of the best-characterized oncogenesis pathways, but the number of targets is growing exponentially. While not all of these targets will work, several have the potential to improve efficacy for many tumor types, and contribute significantly to the oncology market over the next five years. Read more.

 


 


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