It's not ideal to have half of the population unable to use your product, but Merck
In addition to causing cervical cancer in women, HPV causes genital warts in both genders, so Merck is trying to get the vaccine approved for use in men and boys in the United States. Based on the results of a clinical trial released today, Merck shouldn't have too hard a time persuading the Food and Drug Administration to expand the label to include this use. The vaccine was 90% effective at reducing the genital lesions compared to placebo.
The company plans to submit the data to the FDA by the end of the year. The move to expand the label couldn't come at a more opportune time -- Gardasil sales have hit a serious roadblock.
Q4 2007 |
Q1 2008 |
Q2 2008 |
Q3 2008 |
|
---|---|---|---|---|
Gardasil Sales (in millions)* |
$339 |
$390 |
$326 |
$401 |
Year-Over-Year Increase/(Decrease) |
119% |
7% |
(9%) |
(4%) |
*As reported by Merck; excludes sales from joint venture with Sanofi-Aventis
To make matters worse, Gardasil may gain competition in the U.S. from GlaxoSmithKline
Vaccines have become big business for pharmaceutical companies -- Novartis
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