One year after Novartis won FDA approval for a new type of drug to treat relapsing forms of multiple sclerosis and delay the progression of physical disabilities, the drugmaker is now investigating a death tied to its pill, which is called Gilenya. The disclosure, which was made by a Wall Street analyst, has the potential to cast a pall over a drug that has been expected to generate blockbuster sales.
Specifically, this is the first death of a patient within 24 hours of taking a first dose. For now, an exact cause of death has not been disclosed, and the drugmaker suggests that it remains unclear whether its pill was the reason. However, in an investor note, Sanford Bernstein analyst Tim Anderson write that, “to us, it seems likely the company has a reasonable idea of the cause of death given the fact that this occurred about 20 days ago.”
According to experts he spoke with, the patient was given the drug on November 22 and passed away the next day. And he points out that office monitoring of patients who are starting Gilenya is recommended due to a slowing heart rate associated with initiation. In any event, the case becomes the first involving sudden death among some 28,000 patients who have taken the drug. So far, the drugmaker has not issued a so-called Dear Doctor letter to alert physicians to the death.
A Novartis spokesman tells us the patient had successfully completed six hours of post-dose observation without incident and, meanwhile, all available details are being gathered and have been submitted to the FDA and other health authorities. “At this stage, the exact cause of death has not been established, and a role for Gilenya can neither be confirmed nor excluded at this time,” he writes.
As Anderson points out, “there is often significant safety baggage of different sorts” with MS drugs, and that efficacy “comes with a price…The question becomes whether the scale between safety and efficacy tips against a given drug, in which case its outlook becomes more clouded. With one death like the one we describe, it is not clear whether this will become a significant issue for Gilenya.”
At the time Gilenya was approved, a survey of 43 MS specialists by Leerink Swann found the pill was forecast to grab a healthy chunk of the US market within the first two years, surpassing the competition, including Biogen’s Avonex; EMD Serono and Pfizer’s Rebif; Bayer’s Betaseron and Biogen’s Tysabri. Only Teva’s Copaxone would be a bigger seller (back story).
In his view, Anderson believes that Gilenya sales this year will reach $385 million, or less than one percent of total Novartis revenue of about $60 billion. By 2015, he forecasts sales of $1.4 billion, or 2 percent of companywide revenue. “If uptake of the drug were to falter – either because of new safety issues or because of intensified competition – it could dent sentiment on Novartis but it would not likely have a substantial impact on the company’s overall financial health.”
shock pic thx to ogimogi on flickr
In an attempt to lay to rest a long-standing and controversial concern, a new retrospective study has found no evidence of an increased risk of heart attack, stroke or sudden cardiac death associated with the use of attention deficit hyperactivity disorder, or ADHD, pills among young and middle-aged adults who do not or rarely take these meds.
If one wants to make something understandable for the largest possible audience, then it might make more sense to offer language that can be absorbed by an 8th grader, instead of an 11th grader, for instance. Institutional review boards, for example, recommend the lower level. However, a recent analysis of informed consent documents from 15 studies finds the forms aim too high.
A row broke out in Australia late last week after the government rejected an official recommendation that drugmakers should follow an industry code of practice before their medicines can be listed on the Australian Register of Therapeutic Goods. The decision, which was part of a review of the Therapeutic Goods Administration, was met by harsh criticism from consumer and industry groups alike.
Last year, Jason Cornish resigned from his information tech job at Shionogi offices in Georgia after a dispute with a senior manager. However, he was subsequently retained as a consultant, but later resigned and then a co-worker and friend was laid off. And so this past February, Cornish hacked into the Shionogi network and wiped out most of the drugmaker’s computer infrastructure.
Good morning, everyone, and how are you today? We hope the weekend was relaxing and invigorating. Ours was certainly restful. Now, though, the time has come to prepare for all those meetings and deadlines. To cope, yes, we are, indeed, brewing that mandatory cup of stimulation. Monday mornings are always challenging, as you know. We hope you will join us as we dig in for another busy day. To get started, here are a few items of interest. Have a great day and stay in touch…