10/9/97 Interview text
Interneuron Pharmaceuticals Inc said on Thursday a pipeline of three potentially major new drugs could begin next year to revive the company's prospects following its recall last month of the obesity drug Redux.
"Our future products were always of greater importance to us than Redux, because they address very large medical needs and large market opportunities," Interneuron Chief Executive Glenn Cooper told Reute
Moreover, Cooper said Redux appeared to have had little or no roll in heart valve damage seen in patients that took Redux (dexfenfluramine) or a combination of two older obesity drugs Pondimin (fenfluramine) and phentermine.
Interneuron and its marketing partner, American Home Products Corp (AHP.N), withdrew Redux after the U.S. Food and Drug Administration disclosed that echocardiograms showed about 30 percent of a sample of 291 patients taking one or more of the three drugs had heart valve abnormalities.
American Home also recalled fenfluramine, which it manufactured.
"We feel fully confident of defending Interneuron against any litigation," Cooper said, adding only two patients with heart valve problems in the patient sample had taken Redux alone.
He said Redux had unfairly been "lumped in" with patients taking the so-called fen-phen combination believed responsible for the lion's share of the heart valve cases.
Rather than looking back at its Redux setback, Cooper said Interneuron was preparing to seek FDA approval by year's end to market stroke drug CerAxon (citicoline).
Cooper said he expected the FDA to give CerAxon fast-track review, meaning it could be launched by mid-1998 if approved.
Cooper contended CerAxon has pronounced advantages over the only other major drug now available to limit damage from stroke, Genentech Inc's (GNE.N) Activase (t-PA).
"Activase is quite effective for those who get it within three hours of having a stroke, but CerAxon is effective if given within 24 hours," Cooper said.
He added CerAxon had only minor side effects, whereas clinical trials showed six percent of patients taking Activase experienced potentially fatal intracranial bleeding. |