To: Anthony Wong who wrote (176 ) 6/2/1998 11:49:00 PM From: Anthony Wong Read Replies (2) | Respond to of 1722
American Home Says Its Depression Drug Better Than Prozac Bloomberg News June 2, 1998, 2:26 p.m. PT American Home Says Its Depression Drug Better Than Prozac Toronto, June 2 (Bloomberg) -- American Home Products Corp. said new studies suggest its Effexor XR drug may offer a better option to patients battling depression than market leader Prozac, sold by Eli Lilly & Co. Researchers presented results of two company-sponsored studies today at a meeting of the American Psychiatric Association in Toronto. One study found that 37 percent of patients treated with Effexor XR saw their depression go into remission after eight weeks compared with 22 percent of patients on Prozac. Another study, while finding the drugs similar in their ability to fight depression at 12 weeks, showed that Effexor XR could better reduce symptoms of anxiety. ''Because Effexor XR also has been shown to reduce anxiety symptoms in patients with depression, it represents an efficacious treatment option,'' said Jeffrey Kelsey, a professor at Emory University School of Medicine who has performed research on Effexor in the past. Madison, New Jersey-based American Home, which won U.S. approval for Effexor for depression last year, is just one of several companies trying to horn in on the success of Prozac, which in 1997 racked up sales of about $2.6 billion for Indianapolis-based Lilly. Also today, researchers presented various studies of Pharmacia & Upjohn Inc.'s new drug known as reboxetine. One study showed reboxetine was better at returning patients' normal social functioning than Prozac. Another showed the drug could better fight severe depression, Pharmacia & Upjohn said. The newer drugs work in different ways than Prozac, which is part of a groundbreaking class known as selective serotonin reuptake inhibitors. The SSRIs regulate the body's processing of a brain chemical known as serotonin, a key player in neurological functions such as mood. American Home's Effexor regulates processing of both serotonin and another brain chemical known as norepinephrine, while Pharmacia & Upjohn's reboxetine focuses specifically on norepinephrine. Bridgewater, New Jersey-based Pharmacia & Upjohn recently filed for U.S. Food and Drug Administration approval of its drug. Tomorrow, New York-based Pfizer Inc. is expected to have new research on its Zoloft drug in depression and other mental disorders. Pfizer's Zoloft is part of the same class as Prozac and had sales of about $1.5 billion in 1997. --Kristin Jensen in the Washington newsroom (202) 624-1843 /ba