Paxil Risks at Center of Grassley Probe

Recs

0

A leading Republican senator is investigating whether GlaxoSmithKline knew about the suicide risks of its antidepressant Paxil more than 15 years before it warned the public.

The British drug maker added warnings to Paxil in 2006 about increased rates of suicidal behavior in young adults. However, Sen. Charles Grassley of Iowa said Wednesday that court documents from a recently dismissed lawsuit suggest the company knew about the risks as early as 1989.

In the documents, a Harvard Medical School psychiatrist argues Glaxo mishandled reports of suicide in early studies of Paxil. Glaxo has denied any wrongdoing.

After reviewing dozens of internal company documents, Dr. Joseph Glenmullen concluded the company inappropriately added reports of suicide to the placebo group of a company trial, so they would appear more in line with the results for patients taking the drug.

Glenmullen reviewed the documents for a California law firm that was pursuing a lawsuit against Glaxo. The case was dismissed last month by a U.S. District Court Judge, but several documents from the case were unsealed.

Grassley, a frequent critic of the drug industry, sent a letter to Glaxo Wednesday, asking the company to clarify when it became aware of the suicide risks of its antidepressant. The senator also requests the company provide certain pages from Glenmullen's report which were not made public by the court.

Glenmullen said nearly all of the suicide reports added to the placebo group occurred prior to the start of the trial, and they should have been discarded from the research.

"It's virtually impossible this was an accident because it happened over and over again and the company continued publishing the results for 15 years," said Glenmullen.

If the company had tabulated the suicide reports conventionally, Glenmullen says the data would have shown Paxil patients had an eight times greater risk of suicidal behavior.

Glaxo called the analysis "unscientific and misleading," in a statement Wednesday.

"Glenmullen has carefully selected excerpts from GSK documents and made his own interpretations, without looking at the totality of the data," said Glaxo spokeswoman Mary Anne Rhyne.

The company said it has always provided accurate and appropriate information on suicide rates to government regulators.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 572057, ~/Articles/ArticleHandler.aspx, 11/9/2009 6:37:16 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Which Companies Can Buy It Like Buffett?

Related Tickers

11/6/2009 4:01 PM
GSK $40.52 Up +0.06 +0.15%
GlaxoSmithKline pl… CAPS Rating: *****

Community: Investing Wiki

Term Of The Hour

Conforming loan: A Conforming loan is a mortgage backed by Fannie Mae or Freddie Mac which is at or under a dollar limit set by the Office of Federal Housing Enterprise Oversight to ensure that lower-income people have access to such loans. The limit is the maximum amount Fannie or Freddie can back.

Want to learn more or edit this definition?
Click here to read more!