MONDAY June 30, 2008 (foodconsumer.org) -- GlaxoSmithKline
Plc does not expect the U.S. Food and Drug Administration to approve the
application for the marketing license in the U.S. for its key cervical cancer
vaccine called Cervarix until late 2009, Reuters reports.
Glaxo said it had answered all the questions raised by the
FDA regarding its vaccine and decided that it will add results from further
phase III study called HPV-008 to its original application.
The drug maker included interim data from the trial in its
application in March 2007, but did not expect the agency would require new
studies for approval.
New data from the trial are anticipated to be sent to the
U.S. regulator in the first half of 2009 and an FDA decision is expected six
months later.
Some analysts estimated that the sales for Cervarix in 2009
would be $ 150 million.
But Morgan
Stanley analysts were cited by Reuters as predicting last month that Galxo's Cervarix
would not get approved in the U.S. until 2014.
The delay boosted the stock of Merck & Co Inc. by 3
percent today. Merck sells the similar vaccine called Gardasil, which earns the
company an estimated $1.5 billion each year in the United States.
With states mandating school girls to get vaccinated with
this drug, analysts predicted the annual sales for Gardasil can reach up to $3
billion.
Cervarix is like Merck's vaccine indicated for prevention
against cervical cancer in young females.
But Glaxo's vaccine is adjuvant or additive, and the company claimed
that its efficacy lasted longer.
Because of this, analysts anticipated a big hurdle for approval
of Glaxo's vaccine.
The FDA is more
caution about approving new adjuvants because of the potential risk of side
effects, according to Reuters.
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