SEARLE, PFIZER ANNOUNCE U.S. AVAILABILITY OF CELEBREX(TM);
PR Wire February 23, 1999, 7:15 a.m. ET
First Arthritis Product that Targets Only COX-2
CHICAGO, Feb. 23 /PRNewswire/ -- Celebrex(TM) (celecoxib), an important new prescription medication for millions of people with arthritis, is now available in 51,000 pharmacies nationwide. Discovered and developed by G.D. Searle & Co., the pharmaceutical business unit of Monsanto Company (NYSE: MTC), Celebrex was approved by the U.S. Food and Drug Administration (FDA) on December 31, 1998 and was distributed to pharmacies through an expedited distribution system.
(Photo: newscom.com )
Celebrex will be globally promoted by Searle and Pfizer Inc (NYSE: PFE) in all markets except Japan. The product was recently cleared by regulatory agencies in Mexico and Brazil.
"Early patient and physician demand for Celebrex has been extensive because the product addresses a major unmet medical need," said Searle's chief operating officer Al Heller. "As of today, patients have access to Celebrex through physicians and pharmacies across the country."
Added Karen Katen, president of Pfizer U.S. Pharmaceuticals and executive vice president of the global Pfizer Pharmaceuticals Group, "We are very pleased by the initial response to Celebrex and believe it will make a significant difference in the lives of arthritis patients."
Celebrex was designed using advanced molecular technology. In the body, there are two enzymes that are called COX-1 and COX-2. COX-1 helps regulate normal cell function in the stomach and blood. COX-2 plays a role in causing arthritis pain and inflammation. It is believed that Celebrex works by primarily inhibiting COX-2 and, at therapeutic doses, does not inhibit COX-1.
"Celecoxib is the first arthritis product to target only the COX-2 enzyme," said Jay Goldstein, MD, associate professor of medicine, University of Illinois at Chicago. "Patients now have a treatment option that will effectively relieve their arthritis pain and inflammation with potentially fewer side effects, most notably in the gastrointestinal (GI) tract."
Typical non-steroidal anti-inflammatory drugs (NSAIDs) inhibit both COX-1 and COX-2. Use of these medications may lead to stomach ulcers and other serious complications, such as gastrointestinal (GI) bleeding. In fact, a recent study estimates that these complications cause 107,000 hospitalizations and 16,500 deaths each year in the United States.
Celebrex, which received priority review from the FDA, is indicated to relieve the signs and symptoms of osteoarthritis (OA) and adult rheumatoid arthritis (RA). Tested in clinical trials that involved over 13,000 patients and healthy volunteers, Celebrex was shown to be as effective as the prescription-strength NSAID naproxen in treating arthritis pain and inflammation. Importantly, Celebrex was associated with significantly fewer endoscopically observed upper GI ulcers than prescription-strength naproxen and another widely used prescription-strength medication, ibuprofen. The correlation between endoscopic findings and the incidence of clinically serious upper GI events has not been fully established. The most common side effects of Celebrex were dyspepsia, diarrhea and abdominal pain. Discontinuation due to each of these side effects was less than one percent. Although Celebrex has a low potential for stomach ulcers, serious GI tract ulcerations can occur without warning. Physicians and patients should remain alert for signs of GI bleeding.
Celebrex is priced comparably to branded prescription arthritis pain relievers. The average wholesale price of a 200 mg capsule is $2.42. The recommended therapeutic dose of Celebrex for OA is 200 mg daily administered as a single dose or 100 mg twice daily. For RA, the recommended therapeutic dose is 100 mg to 200 mg, twice daily.
Searle, a global leader in arthritis products and educational programs, is the pharmaceutical sector of Monsanto Company (NYSE: MTC). Searle develops, produces and markets prescription pharmaceuticals, including major products to treat arthritis, cardiovascular disease, cancer and its complications and insomnia, and to promote women's health. For more information on Searle, access www.searlehealthnet.com. As a life sciences company, Monsanto is committed to finding solutions to the growing global needs for food and health by sharing common forms of science and technology among agriculture, nutrition and health. In 1998, Monsanto reported sales of $8.6 billion and invested approximately $1 billion in research and development.
Pfizer Inc (NYSE: PFE) is a research-based, global healthcare company. Pfizer discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. The company has three business segments: health care, animal health, and consumer health care, with products available in more than 150 countries. In 1998, the company reported revenues of $13.5 billion and invested more than $2.2 billion in research and development. For more information on Pfizer, access www.pfizer.com.
SOURCE G.D. Searle & Co.
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/NOTE TO EDITORS: For complete prescribing information, please call toll-free 877-CELECOXIB or consult www.celebrex.com on the Internet. Media interviews are available upon request with executives from Searle and Pfizer, Celebrex clinical investigators, and/or Celebrex patients by calling the contacts listed below./
/CONTACT: Kristin Fayer of Searle, 847-581-6728; or Maureen Suda of Chandler Chicco Agency, 212-229-8448, for Searle/
/Photo: newscom.com or NewsCom, 213-237-5431; AP PhotoExpress Network, PRN13; PressLink Online, 800-888-6195/
/Web site: pfizer.com
/Web site: celebrex.com
/Web site: searlehealthnet.com
(MTC PFE)
CO: G.D. Searle & Co.; Monsanto Company; Pfizer Inc. ST: Illinois IN: MTC SU: PDT
-0- Feb/23/1999 7:00 EOS (PRN) Feb/23/99 07:00 86 -0- (PRN) Feb/23/1999 7:15 |