Bloomberg: Monsanto Wins FDA Panel Backing for Its Cox-2 Painkiller for Arthritis
Bloomberg News December 1, 1998, 1:54 p.m. PT
Monsanto Wins FDA Panel Backing for Cox-2 Drug for Arthritis
Silver Spring, Maryland, Dec. 1 (Bloomberg) -- Monsanto Co. won the backing of a U.S. Food and Drug Administration advisory panel for the first of a new class of painkiller drugs with multibillion dollar sales potential.
The FDA panel in two separate votes backed approval of the drug known as Celebrex, developed by Monsanto's Searle pharmaceutical unit, for patients suffering from osteoarthritis and rheumatoid arthritis. The panel is still discussing other uses for the drug as well as how it should be labeled.
The panel's endorsement is crucial for Monsanto, which is looking to Celebrex to help build its pharmaceutical business. The company told the panel that the drug offers patients a safer alternative to existing treatments for arthritis and pain.
''It looks like it's as sure a winner as you can find,'' said Samuel Isaly, managing partner of OrbiMed Advisors LLC, before the meeting. The FDA typically, though not always, follows the advice of its expert panels.
Earlier, the company for the first time revealed that the drug can work when taken once a day.
That's important because rival Merck & Co., which is at least three months behind Searle in the FDA review process, had held up the once-a-day dosing of its Vioxx drug as a possible advantage.
Fewer Side Effects
Searle representatives presented studies showing Celebrex could effectively treat osteoarthritis and rheumatoid arthritis as well as other types of pain. Compared to existing treatments, Celebrex also works with fewer gastrointestinal side effects, such as ulcers and abdominal pain, they said. ''We've achieved our clinical goals,'' said G. Steven Geis, Searle's vice president for clinical development of the drug. ''We've developed a compound with efficacy for arthritis and pain but without the gastrointestinal'' effects and bleeding problems seen with current treatments, he said. Shares of St. Louis-based Monsanto were down 1 5/16 at 44 after trading as low as 41 9/16 before the panel vote. Shares of marketing partner Pfizer Inc., the New York-based maker of the impotence pill Viagra, were down 3/4 at 111 3/16 after trading as low as 108 5/8.
One of the major issues at the meeting will be whether Searle can convince the panel that its drug doesn't need the standard warning label about gastrointestinal side effects carried by many existing painkillers. FDA reviewers said they can't yet be sure of the long-term effects of the new drug and warned that new, unforeseen side effects could appear.
Public Citizen Concerns
Several speakers at an open public hearing raised similar concerns. Sidney Wolfe, head of Public Citizen's Health Research Group, said there isn't yet enough evidence to allow Celebrex, also known as celecoxib, on the market without the standard warning label.
''Purported new classes of drugs such as celecoxib offer not only new mechanisms of action, but also new mechanisms of potential toxicity and the possibility of a new spectrum of adverse events,'' Wolfe said in a statement to the panel.
If the panel turns down Searle's request to avoid the standard warning label it would be a blow to the company's plans to distinguish Celebrex from existing treatments. The panel will discuss this issue this afternoon.
Expectations for the class of drugs, known as Cox-2 inhibitors, are high. Analysts say Merck and Searle's drugs could generate combined annual sales of as much as $5 billion. Still, the companies may face a challenge convincing health insurers that it's worth paying more for painkillers even if they can claim the drugs are safer.
The drugs are likely to be sold at much higher prices than existing painkillers such as Roche Holding AG's Naprosyn and Novartis AG's Voltaren.
If approved, Celebrex would also compete against Immunex Corp's Enbrel and Hoechst AG's Arava, both recently approved for the treatment of rheumatoid arthritis.
Once-a-Day Dose
Most of Searle's studies looked at the effects of Celebrex given twice a day. Two osteoarthritis studies, however, found that the drug works just as well once a day when given in a higher dose -- potentially negating what had been perceived as an advantage for Merck's once-a-day Vioxx drug.
Shares of Whitehouse Station, New Jersey-based Merck rose 1 1/4 to 156 3/8.
Merck and Searle are vying for shares of the estimated $8 billion arthritis painkiller market now controlled by popular painkillers known as NSAIDS, or nonsteroidal anti-inflammatory drugs. These include Roche Holding AG's Toradol, American Home Products Corp.'s Orudis and SmithKline Beecham Plc's Relafen.
While the NSAIDS can greatly relieve pain, they've also been shown to cause gastrointestinal side effects. That's where the Cox-2 inhibitors come in.
How It Works
The drugs work by interfering with the production of an enzyme, cyclooxygenase-2, linked to pain and swelling. Unlike existing painkillers, a Cox-2 inhibitor doesn't suppress a related enzyme, Cox-1, that helps protect the stomach from its own acid.
As a result, researchers say, the Cox-2 drugs should offer the same benefits as NSAIDS with fewer side effects such as bleeding and ulcers for people who take pain medication for chronic conditions such as arthritis.
Searle representatives told the panel that the company's studies showed patients taking NSAIDS in some cases had significantly more ulcers than patients taking Celebrex.
In some cases, NSAIDS were more effective early on than Celebrex in relieving pain, depending on the type of patient studied. Still, for the most part, throughout the company's studies, Celebrex worked just as well as NSAIDS in relieving pain and inflammation, company representatives said.
--Kristin Jensen and Kerry Dooley in Silver Spring, Maryland |