Thursday, September 23, 2010

News Alert: Regulators Severely Restrict Avandia, Citing Heart Risks

Breaking News Alert
The New York Times
Thu, September 23, 2010 -- 11:40 AM ET
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F.D.A. and European Regulators Severely Restrict Avandia, Citing Heart Risks

In a highly unusual coordinated announcement, drug regulators
in Europe and the United States said Thursday that Avandia,
the diabetes medicine made by GlaxoSmithKline, will no longer
be widely available.

The drug's sales will be halted entirely in Europe, and
patients in the United States will be allowed to receive it
only if they have tried every other diabetes medicine and
have been made aware of the drug's substantial risks to the
heart.

The steps all but ensure that sales of Avandia -- $1.19
billion last year, and $3.2 billion as recently as 2006 --
will plunge to almost nothing as other regulators follow
suit.

Read More:
http://www.nytimes.com/2010/09/24/health/policy/24avandia.html?hp&emc=na

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