Merck Drug May Have Fewer Side Effects Than Paxil (Update1)
Bloomberg News September 10, 1998, 4:26 p.m. ET
Merck Drug May Have Fewer Side Effects Than Paxil (Update1)
(Adds background in 3rd paragraph, analyst comment in 4th.)
Washington, Sept. 10 (Bloomberg) -- Merck & Co., the world's biggest drugmaker, said an early study indicates an experimental depression drug may have fewer side effects than one of the top sellers currently available, SmithKline Beecham Plc's Paxil.
In a six-week study of about 210 patients, Merck's new drug produced less sexual dysfunction, ejaculation disorders and impotence than did SmithKline's Paxil. Merck's drug also seemed to treat depression at least as well.
Merck needs to develop new drugs to make up for the expected loss of patents by 2001 on four medicines that had more than $5 billion in 1997 sales. So far, the data on Merck's new drug makes it seem unlikely that it could soon replace blockbuster such as the high-blood pressure medicine Vasotec.
''It's a little bit short of the home run that Merck needs,'' said James Keeney, an analyst with ABN Amro, who has a ''hold'' on Merck. ''There's a lot more work to do here.''
Merck is trying to treat depression in a new way. Its drug appears to interfere with different naturally occurring brain chemicals than do existing antidepressants such as Paxil, Eli Lilly & Co.'s Prozac and Pfizer Inc.'s Zoloft. Merck's drug targets a compound, substance P or NK1, first identified in 1931, while its role in depression is a new discovery.
''The pharmaceutical industry must be commended for its persistence,'' said Claes Wahlestedt of the Center for Genomic Research in an essay that accompanies the study published in tomorrow's edition of Science magazine.
Merck, based in Whitehouse Station, New Jersey, fell 2 5/8 to 123 13/16. Merck still is testing its new drug, trying to enter one of the biggest drug markets. Three of the world's 10 best-selling drugs in 1997 were antidepressants, according to Hambrecht & Quist.
Mood Disorders
Mood disorders such as depression affect 18 million adults in the U.S., according to the National Institute for Mental Health. The top-selling antidepressant, Lilly's Prozac, had sales of $2.56 billion in 1997. Sales of the 10-year-old drug rose 11 percent in the first half of 1998 as Lilly targeted consumers directly with ads in popular magazines. Paxil and Zoloft each had 1997 sales of $1.5 billion.
The three drugs work on the brain chemical serotonin, which is linked to regulating mood and appetite. Merck's drug, called MK-869, targets substance P. The chemical had long been thought to be linked to pain.
Merck tested the drug in about 210 patients, dividing the group into three. Patients in one group received a large dose of MK-869, 300 milligrams a day. Another group took 20 milligrams of Paxil and the other was given a placebo.
In the Paxil group, 26 percent of patients reported sexual dysfunction, compared with 3 percent of those on the Merck drug and 4 percent on placebo.
The Paxil group also had higher reports of impotence, 10 percent, compared with 3 percent for the Merck group and 4 percent for placebo.
More patients on the Merck drug, 32 percent, reported headaches than those on Paxil, 28 percent, and placebo, 24 percent.
In this test, patients were randomly assigned to the three groups. Neither they nor the researchers knew until the end of the test who received Paxil, the Merck drug or the placebo. Researchers commonly test drugs this way to try to weed out the influence of patients' perceptions of a drug.
--Kerry Dooley in the Princeton newsroom (609) 279-4016/dd |