Dow Jones: FDA Declares Pfizer Schizophrenia Drug Zeldox Non-Approvable'
June 19, 1998 3:59 PM NEW YORK -(Dow Jones)- In a surprise blow for Pfizer Inc., the Food and Drug Administration declared the pharmaceutical giant's schizophrenia drug Zeldox "non-approvable."
Pfizer (PFE), which has been on a roll since April with the launch of its blockbuster impotence drug Viagra, said Friday it plans to meet with FDA officials to discuss the issues raised by the agency, and will submit additional data if necessary.
Along with the now-ubiquitous Viagra, Zeldox was one of several new drugs Pfizer expected to launch this year. It was to join the antidepressant Zoloft in Pfizer's portfolio of mental-health drugs.
Zeldox (known generically as ziprasidone) was expected to compete aggressively against Eli Lilly & Co.'s Zyprexa and Risperdal from Johnson & Johnson. Zyprexa is expected to become the first the world's first $1 billion-a-year schizophrenia drug. Another schizophrenia drug, Seroquel, sold by Zeneca Group PLC, won FDA approval late last year.
Zyprexa and Risperdal have been a boon to schizophrenia patients because they don't carry some of the disabling side effects of older drugs.
Schizophrenia, a chronic disorder that involves hallucinations and a profound withdrawal from society, has long been one of the world's most devastating diseases, leading millions to be institutionalized or to lead desperate lives on the streets.
Schizophrenia and psychosis are probably best known for causing hallucinations and voices that "speak" to patients. These are called the "positive" symptoms of schizophrenia. The disease also has so-called negative symptoms like lethargy, inability to socialize and lack of spontaneity.
Many patients can't tolerate the side effects of older drugs like haloperidol (Haldol) and chlorpromazine (Thorazine). These drugs cause "extrapyramidal symptoms," which are jerky, uncontrollable movements of the arms and legs similar to Parkinson's disease symptoms.
"We are obviously disappointed at this development, but remain confident of the safety and efficacy of Zeldox," John F. Niblack, Ph.D., executive vice president and head of research and development at Pfizer, said in a statement. "We remain committed to making every effort to bring this medicine to patients in the U.S. and around the world," he said.
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