Viagra's Competitors to Disclose Data on Effectiveness, Safety
Bloomberg News June 2, 1998, 10:01 a.m. PT
Viagra's Competitors to Disclose Data on Effectiveness, Safety
San Diego, June 2 (Bloomberg) -- Physicians and investors will learn more today about two impotence pills aiming to compete against Pfizer Inc.'s Viagra as researchers release data on clinical trials of the two medications.
Schering-Plough Corp. and Zonagen Inc. will apply within the next month for U.S. approval to market their entry, Vasomax. Apomorphine, a tablet being developed by a joint venture of Abbott Laboratories and Japan's Takeda Chemical Industries is likely to be ready for consideration in about a year.
The presentations at the annual meeting of the American Urological Association will provide information on two pills closest to challenging Viagra, which met unprecedented demand after its April introduction. While Viagra appears to be the most effective of the three, Vasomax and apomorphine could be used by men who can't take Viagra because they're on heart medication.
''Whatever drug that comes along against Viagra is going to have to be good,'' said Ira Sharlip, a San Francisco-based impotence expert. ''Viagra has set a standard for safety and efficacy that has to be equaled or exceeded in other drugs.''
Viagra has been the focus of media attention during the past month because its introduction caused millions of people to openly discuss the issue of impotence for the first time and created a market that drug-industry analysts say could reach $4 billion in sales annually.
Impotence is a problem for as many as an estimated 30 million men in the U.S., including more than a third of 40-year- olds and two-thirds of 70-year-olds. While surgery, vacuum pumps, prostheses, penile injections and drug delivery through the urethra have been available for years, they can be painful and awkward to use, and have left many men reluctant to discuss the problem with their doctors.
Vasomax
Schering-Plough last year joined the battle for the impotence market by acquiring rights to market Zonagen's Vasomax to treat male impotence.
Investors saw that partnership as a vote of confidence in a drug has been the subject of at least eight lawsuits by shareholders who say Vasomax doesn't work and the company is guilty of fraud.
Zonagen shares have doubled so far this year after plunging more than 60 percent last year after Manuel Asensio of New York- based Asensio & Co. issued a news release saying Vasomax has dangerous side effects and is ineffective.
The company has declined to comment on the allegations, except to say they are groundless.
Previous Zonagen SEC disclosures show that in a study of 435 men, 40 percent of those taking Vasomax and 34 percent in another trial of 360 men reported positive responses from the drug, including an erection and successful intercourse.
That was well below the response rate of as much as 80 percent in tests for Pfizer's Viagra.
Apomorphine
Apomorphine, which is being developed by the Takeda-Abbott venture known as TAP Pharmaceuticals, is about a year behind Vasomax.
It's a tablet placed under the tongue, which could enable it to take effect faster than a swallowed pill like Viagra.
Investors said they're most interested in what the study says about apomorphine's side effects because earlier trials have shown that it can cause vomiting and nausea.
''The questions are how long did you see nausea and how long does the drug work? The longer the better,'' said John Schroer, manager of the $1.1 billion Invesco Strategic Health Sciences Fund.
Concern about safety of impotence drugs was raised last month after the Pfizer reported the deaths of six men who had been prescribed Viagra. Yesterday, the FDA said it's only confirmed that four of the six had used the drug.
Doctors attending the urology meeting said they're not surprised that four of some 1 million men on the drug have died. The bulk of men with impotence are ill or elderly and the deaths may be unrelated to Viagra's use, they said.
Side Effects
Still, Viagra should not be taken with nitrates, common drugs that dilate arteries in patients with chest pain. That combination can lead to severely lowered blood pressure, a heart attack, or death. And so far, it appears that Vasomax and apomorphine don't present this risk.
Zonagen President and Chief Executive Joseph Podolski said researchers will know more about Vasomax's effectiveness and safety than they did about Viagra before its U.S. introduction.
Schering-Plough last week won approval to market it in Mexico, a much smaller market than the U.S. The company will be able to look for side effects that might not have shown up in clinical trials involving only a few thousand patients.
''That means millions of doses of the drug will have been used already before the U.S. introduction,'' Podolski said.
To be sure, Vasomax and apomorphine aren't guaranteed of winning FDA approval, and both are yet to even submit the drugs for such review.
''I don't think you'll get all the answers at this meeting,'' said Schroer.
--Jim Finkle in San Diego through the Princeton newsroom (609) |