This week is shaping up to be one heck of a roller coaster for drug companies. In addition to VIVUS'
A risky second-chance candidate?
Of the three, Avanir Pharmaceuticals'
The problem was, and still is, potential safety issues. Acanir lowered the dose of one of the components in AVP-923 to decrease the potential for heart issues. The new formulation seems to meet guidelines. But given what's known about the drug, I wouldn't put it past the safety-conscious FDA to hold AVP-923 to a higher standard than what might be acceptable for a drug that didn't have the same background.
Antibiotics have had a bit of a bad luck streak, but Forest Labs'
There's always the possibility of manufacturing issues -- the advisory panel doesn't generally look at that -- but from what's known publicly about the drugs, ceftaroline looks like it has the best chance of approval of the three.
Don't get overheated on this one
The phase 3 trial? Not so much. A trial in type 1 diabetics failed to show that Linjeta worked as well as Humulin. The discrepancy from the phase 2 trial was traced back to blood samples from patients in India that were overheated while on their way to be tested. If you remove those patients from the trial, Linjeta seems to be working as well as Humulin.
Will the FDA buy it? My guess is probably not. Think of it from the agency's point of view: Why bother approving the drug with massaged data when a new trial can answer the question of whether the drug works for sure? That's not fair to investors, especially if a new trial comes back positive, but he who has the approval stamp makes the rules.
A pair of bonus decisions
Combining Onglyza with a generic diabetes drug called metformin will make it more convenient for patients who are taking both drugs, but it's not going to drive many new sales. Onglyza has had a tough time competing with Merck's
Expanding Sprycel into first-line treatment of chronic myeloid leukemia -- it's currently only used after patients fail Novartis' Gleevec -- should increase sales. But Novartis also has a new CML drug, Tasigna, which also beat Gleevec. Until both drugs are approved for the earlier use, we won't know which one will prosper on the market as a first-line treatment.
Keep in mind that October has been one of the busiest months I can remember for FDA decisions. So far, the FDA has managed to stay on task -- even delivering a decision on Bydureon from Amylin Pharmaceuticals, Eli Lilly, and Alkermes early -- but the agency is in no way required to make a decision by the PDUFA dates.
Investors could get a treat a few days early, but don't be surprised if the FDA has a few pre-Halloween tricks up its sleeve.
I've had my say. Which of these drugs do you think will get approved? Sign off in the comments box below.
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